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<br />.134 -002994
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<br />?~:'k!~l)..id~,,1f~..........,......(Se~1J
<br />/.,/' J~ D. Penwell ,BolT"..."
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<br />.. ,:"j~JJ.~d/J.~... ...,(Se~l)
<br />Sandra S. Penwell ,s"""",..
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<br />and wlil add th~ difference to my unpaid principal. The NOle Holder will also addintereSl on Ihe amollnlof this
<br />dIfference to my unpaid principal each month, The interest rale on the inleresl added to principalwill"betheralt
<br />,equ"ed by Seclion 4(C) above.
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<br />(t1) Limit Oft My U....1d Prhteipal; Increa'- M_hly Pay_t
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<br />My unpa.id principal can neveT e.ceed a muimllmamollnt.equallo Ollehllndmltiweritf-live'pen:e'1l'(cI:1S'li'J' '
<br />of the principal amollnt I orilinally borro_d, My unpaidprincipalto\lld eU\efld!llat~mijl!l'(~ .
<br />Limited Paymenl, If so, onlhe date that my payinl~y Limited'Paymentwo,,~d'~ijse~/IO;tll~
<br />IIIstead belin payinl a new monthly payment untillhe ntlltChall~'D.le' Thene*;~~f;P~,~
<br />amount which would be sullicientlo repay my Ihen unpaid principal;n full:onlhe ~turilY'd.~.I:mY:;C\I
<br />r..e ,n substantially equal payments.
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<br />(I) Required Full Pa)'lMtll
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<br />!kglllninl wI~h ~he fim monthly paymenl alier the final ChanleDale. I ...iIIpaythef'lin;~~xtit~JlI;~~(m~
<br />monthly payment . ., .'. ,.
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<br />B. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST.IN'_"O,'WiIi:;(
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<br />U n.form C<wenant 17 of the Sccunty Instrumenl is amended 10 read as follows:
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<br />Transfer..r Ihe Property or a Beaeliciallnlerestln Borrower. If all or any panoftheProJiCr'tY;.Q,",nY"i
<br />,n It " >old or transferred (or if a belleficial inleresl in Borrower is ""Ili.:>r transferred aild'~
<br />person) wlthoUI Lender's prior writlen consent. Lender may. at il5 option. requireilltmcdRte'pa
<br />,ums ",cured by this Security Insuumelll, However. this option shall not be, e.ercisea'.by: .
<br />proh.blled by federal law as of the dale of Ihis See..nty Instrument. Lellder als()'5haUnole!lC~;
<br />Borrower causes to be submiued 10 Lend.,r information requited by Lender 10 eYalllate'the~d,
<br />new loan were bellll made 10 the.lfll1sferee; and ( b) Lender reasonably determines thatLelldet's'~~)~'inJi9~~1C;
<br />,mp'ifed by ,he loan assumptIon and thaI the rnk of . breach of any covenant or apeemeftt.in.'lbisc,$t(Qrily.;;
<br />In~{rument !S 3-c<<plablc to under.
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<br />To ,h., u'enl permmed by ap;oliC'lble law, Lender may charle a reasollable fee as a conditionto,Lenikf:.
<br />con"'nl to ,he loan assumpllon. Lender may also requIre the transferee 10 .ian an assumption a,reementthtljs
<br />ac<,cptable 10 lender and th.t obilaate. lhe transferee 10 keep all.he promises and alreemenls maclein the NO\e'a"d,
<br />tn Ih" SeeufllY Instrumenl, Borrower will conllnue '0 be obila.led under Ihe NOle and this Securitylnstrumenl unless
<br />Lender r.e1~as.e.s Borrowe-r tn wnuRa
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<br />If Lender ...eTC'ses lhe opllOn to requIre Immed,ate paymenl 10 full. Lender shaII &iveBorrowetnot~;l)f
<br />a"clerallon The notICe shall proVIde a penod of not less.lhan 30 days from the dale lhe noticcisdeIiYered'or'1laiJ~lf
<br />",,,hln whieh Borrowe, musI pay aU sums secured by ,his Seeurilylnslrumenl, If Borrower fails 10Pl\Y'lhe,~",ul1\$
<br />prior '" ,he cxpmtllon of thts pen<Xl. Lender may .nvo!.;e any remedIes ""rmilled by lhis Securi!y I~trumenlwith<>>ll
<br />f\Jnher nOllce or demand on Borro""cr
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<br />BY SIGNll'lG BELOW, Borrower accepts and alttes '0 the lerms and covenalllS contained in this Adjustable.
<br />Rate R,de,
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