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<br />I <br /> <br />(E) Leg;al LimitatiDn on Rate, <br />If tI-e fi>ed rate to be qwted on any Payn>mt Change Date exceeds the nmdnun charges or rate <br />allowed by applicable law, then conversiDn will not be allowed for that PaylII!f1t ~ Date, The <br />note mlder IlIllY offer a lower rate or charges than required or permitted by this sectiDn in order to <br />c~l y wi th such le~ limi tation;, I:nt is not required to do so. <br /> <br />84 -OO~i9~~ <br />f <br /> <br />(F) Prepayuent. <br />If, after CClI1Version, I llBke any prepay1IEnl: unler section 8, it will be lP""rnal by section 8 <br />except t1Bt the SIII:lUIIt of my DlXlthly payments will not be ~. <br /> <br />(G) Provisions Not Applicable after Conversion. <br />After COrNeXS:lDn of this loan, sectiDn; 2 (except for the first two seri:ences), 3, 4 (except <br />for (A)), 5, 7, and the last lloOl sentences of section 8 shall not: apply. <br /> <br />7. NOTICE OF CHUL~GES <br />The Note &lder will 1IBi1 or deliver to llIE! a notice of any challil"S in the Full ~hly Mnmt <br />and my lIIlIlthly payments at: least 30 days before the effecti "" date of any chaqje. The notice will <br />irrlude infot'llllltion required by law to be gi ""n llIE! and also the title and teleplDne lUIIber of a <br />person who will answer any questiDn I n&y have ~ the notice." <br /> <br />B, CHARGES; LIENS <br /> <br />Unifotlll ~ 4 of the SEcurity Imtr\llleIE is amenied to read as ~: <br /> <br />4. <11arpJes; !.iens. Bo~r shall pay all taxes, ~, and other chartIe&, f1Ds. and <br />imposit:!orll attriWtable to the Propercy which n&y attain a priorlty aver this Security Ins!:tuiIIiK, <br />and 1easetnld payments or gran! rents, if any, in the IIIIIIl1e1' provided under pIragr:aph 2 bm!cJf. or, <br />if not paid in such 1IIIIIl1e1', by Bo=-r 1IIlidng Jl'IYIIII!IE. when due, directly to the ~ thumt'. <br />llorraIoer shall ~y fum1sh to UDIer all not:ices of lDlUIIts due under this J8D(lt8Ilh,and in the <br />EM!!1t Bo=-r slBll lIIIIke payment directly, Borrower slBll praIIptJ.y fumiah to LenIer tllCe1pta <br />~ such payments. Borrower shall praoptly discharge any lien which baa priorlty CN81'.th:Ia <br />SEcurity ImtnD!nt; praI1i<Ied, t1Bt llorraIoer slBll not be required to discharge any such lieD 80~ <br />as Borrower: (a) shall agree in writiqJ to the payment of the obliption 91!1CL1red by such lien in a <br />IlIImer acceptable to Lender; Ib) slBll in good faith contest such lien by, or defelJl ..wt <br />enfora!lll!llt of such lien in, legal pr:tlCI!f!llIiq Iotlich in the op1nion of lender operate to prew!Ilt. the <br />enfot'O!llll!tt of the lien or forfeiture of the Property or any part tlwreof; or (c) at.ll sec:me fra. <br />the mlder of such lien an agreEI!IIDt in a form satisfactory to Umder subordinatiqJ such lien to th1a <br />SEcurity Im~, <br /> <br />If Lender determ:l.nes that all or any part of the Property is subject to a lien tollW:h Day attaiil a <br />priority <M!1' this Security IDBtnDent, Lender shall seni llorraIoer notice ideItify1.qJ such UlIft. <br />Borrower slall satisfy such lien or take one or lIDre of the actiDlII set forth above within ten. <br />of the gi ~ of not:ice, <br /> <br />C. NOTICE <br /> <br />Unifo[lll eo."l1lIDt 14 of the SEcurity Imtr\llleIE is amenied to read as fo~: <br /> <br />14. Notice. E>a:ept for any notice required <DIer applicable law to be gi'Ullll\ in lIllllCt.r ,...,r. (a) <br />any notice to Bo=-r pmYided for in this Security Itl8tI\1E1; slBll be gi'Ullll\. by del1~ it or by <br />llIIiliqJ it by first class 1IBi1 addressed to llorraIoer at tbe Property Addrqe or at such other ~ <br />as Borrower n&y desipte by rttice to Lender as provided hendn, ami (b) any notice to Lenler .tall <br />be ghen by first class 1IBi1 to Lenler's address stated lm"e:in or to such other addr8a as Leader'" <br />desigpate by rtt ice to Borrower as provided lm"e:in. Arty notice provided for in the S<<uI;t.t:y <br />u.tl\l8lt shall be deIlIIed to have been given to llor1:owet or Lender wIwl gi_ in the _r <br />~ted herem. <br /> <br /> <br />D. UNIFORM DEED OF TRUST; GOVERNING LAW; SEVERABILITY <br /> <br />Unifotlll Ca\lenant 15 of the SEcurity u.tr\IlIeIE is .....-ded to read as foll~:, <br /> <br />15. UnifotlD Deed of Trust; GoYernl.qJ LaIi; s-rabili ty. Th1a fO[lll of Sewrtty IIII~ <:c:IIItII-. <br />.m.fO[lll ~s Ulie and IlOO"UlifOtlll CO\leIlllDtS with limited variat:1ona by jurisdiction to COIIJtitute <br />a \&lifOtlD security ins~ couerill! real property. Th1a Security Itl8~ shall be lPlUl*l.by <br />federal law ami law of the jurisdict iDn in which the Ptopetty is loalted. In the eWllt tl-at lq' <br />provWw or claISe of the SEcurity Instnlllent or the Note cooflict!l with applicable J.., such <br />conflict sl'ILll not affect other provisiollS of this Security rDBtr\IlIeIE or the Note tollW:h can be gi'Ullll\ <br />effect wit:hltt the conflictiqJ provision, and to this end the provisions of this Security llllt~ <br />and tiE Note are declared to be severable. <br /> <br />E. ~ OF '!HE PIO'ERlY; CIl. A InEFICIAL INmlEST IN 1IlUIlloER. <br /> <br />UnifODl eo.,,~ 17 of the SEcurity IllStnaent is amenied to rea:! as fou.a.: <br /> <br />17. 1'ra08fer of the Property or a Beneficial Interest in Bo~r. If all or any part of the <br />Property or an interes t therein is sold or transferred (or if a beneficial interes t in Borrower is <br />90ld or tramferred and Bo~ is not a natural peI'9Oll) witln.lt Lender's prior written COl8!Ilt, <br />Lerder 1lIIY, at Lerder-s option, declare all the ..... secured by this Security 1I1lltr\llleIE to be <br />l-uately due and payable. ~r, this option shall not 00 eJIi!l'cl.sed by Lender if e>ercise is <br />rtt S1tmrized by Federal LaIi. <br /> <br />If Lenler elIIlrcises such option to accel.erate. Lerder sl....n m!li.l B<lrr.-r notice of acceleration in <br />accot:dlnc:a with paragraph 14 hereof. Such notice shall provide a per10d of not 1..... than 30 da)'ll <br />frea thlt date the not ke is lllIli.led wi thin which BorttMll' 11IlY pay the ..... declared due. If llo....-r <br />falla to !lIlY SoJcli ..... prior to the expiration of such period. Lenler ....y, witlv.1t further notice or <br />~ w llorraer, 1l'Mlks 8Il'f r-U.... permitted by paragraph 18 hereof, <br />NotwitlwtandiqJ a sal<! or tranofer. llornw.r will cottci...... to be ob1.4lltted uo:ler too Note and this <br />SEcurity Ir.~ ..uess Lerder has released BorrtMU' in 1oI'ritlng. <br /> <br />TMC-024 (qc) (Page 2) <br />Rev '2 /8i~ (CAP 2) <br />