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<br />003276
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<br />(E) Legal Liml.tation on Rate.
<br />If tI1! fiJled mte to l:e qooted on any Paymert: Change Date exceeds tre m:Ddm.m citaJ:!les Or rate
<br />allowed by applicable law, then <.'.CJn'krsion will .not l:e allowed for that Payaent ~n..te. The
<br />noI:e holder may offer a loweJ: rate or chal'ges tl1m requf.redor pe1lllitt.ed by thissection:lno'i'dej:, to
<br />canply with such legaJ. limitlidDm, tut is noI:requit'edtodoso.
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<br />
<br />(F) Prepsyuent:. . ....... ..'. .
<br />If, after CO<lWmion, I make any prepaylMt\t umersection 8, it will be goverDe:ibylleCtion8.
<br />except that tI1! 8IJI)lJ[It of my 1IDI1I:hly payments will noI: l:e cllaq!ed.
<br />
<br />(G) Provisions Not Applicable after Comlemion. . . . .. .... . .... ,.. ..'
<br />AfterCOl1llersion of thisloe.n, sections 2 (exceptfortl'efirst'bo1O~).3,4'(~~;
<br />for (A)), 5, 7, aM tI1! last t>lO senteneesof section 8 shall not apply. . ,
<br />
<br />7. NOTICE OF CHANGES
<br />The Note Holder will ll8il or deliver to me a noI:ice of any ~:In the Full MonthlyAol:lill:U:'
<br />aM my monthly payments at least 30 days before tl'e effective date . of anychaDge. .. The notice will
<br />incl.ude information required by law to l:e given me and also the title and telepb:llle,'nmilerof a
<br />pe'r900 ~ w1--11 ~r any quesr-ion ! rr2.Y h3V1! ~i.t1g tm notice."
<br />
<br />B. CHARGES; LIENS
<br />
<br />Unifonn Covenant 4 of tI1! Security ImCl'Ullli!Dt is !llIlel'ded to read as follows:
<br />
<br />4. Olax'ges; Ue:as. llot'rooer shall pay all ta>leS, BSS....-S,and other cbat'ges; .f1riesllllll:::
<br />lnp:sitions attril::utable to the Propetty which may attain a priority 0Vl!t' this Secu:rityJIlS'I:I:'UIIleUI;;
<br />and leasehold payumItS or grourxI rents, if any, :In the lll!Itll1el' provided under paragraph 2 hereof. or.
<br />if noI: paid :In such nmnoe:r, by Borrowermald.ng payment, Wen due, directly to thel'8}'l!ethereof.
<br />~ shall ~y furnish to Lender all ncdcesof SIIllUDtS due under this psragtapb,and:lntl1e
<br />event: ~ shall make peyment directly, Borrower shall pronptly furnish to LeJ:rle:rreceipts
<br />evidencing such payumItS. Borrower shall pranptly disc:haJ:ge any lien which has priority over this
<br />Security lnsCl'Ullli!Dt; provided, ttat Borrower shall noI: l:e required to di.schargeaoy l!lJCh.Uen. soloog
<br />as Borrower: (a) shall agme in writing to the payment of the obligation secured by such ,lien ina
<br />Il811Der acceptable to Len:ler; (b) ..mil in good faith contest such lien by, or defeni ag;ili1st
<br />etlfOl.~ of such lien in, legal :':eedings which in the opi:nion of Len:leropexate to .prevent the
<br />eofort>!llleIll: of the lien or forfeitl.1r", A tI1! Propetty or any part thereof; or. (c) shallsecure:ftan
<br />the holder of such lien an agreemnt in a form satisfactory to Leoder subordinating such lien to this
<br />SEcurity lnst:rwJent.
<br />
<br />If I..erder determi...'"1eS that all or &""Tf part of ttE Prcpert'"'j is subject: to a lien wt--Jch- my-- attain a
<br />priority over this Security Ir>sttuaent, Leoder shall seIXI Borrower notice idenl:ifyiogsuch lien.
<br />Borra.ler shall satisfy such lien or tate one or lWre of the a.ctiolE. set forth above within. ten days
<br />of the giving of notice.
<br />
<br />C. NOTICE
<br />
<br />Unifotlll COvenant 14 of the Security Instr.-nt is """reed to read as follo<.ls:
<br />
<br />14. Notice. EJu::ept for any notice requirEd underapplicabJe law to l:e given in a.notheraamer, (a)
<br />any notice to Borrower provided for in this Security Insl:rUlJle!lt shall be given by delivering it or by
<br />maill.ng it by first class ll8il addre;sej to BoITOOOOr at the Propetty J\ddresa or at such otter addrESS
<br />as Borrower may designate by notice to Lerrler as. provided herein, an:! (b) any notice to Len:ler shill.
<br />l:e given by first class mail to Lender's address scated herein or to such other addresB as Lexxler may
<br />desf&nate by noI:ice to Borroo..er as provi<led herein. Any nocice provided for in the Security
<br />lnstnmenL shall l:e deaned to have teen given to ~ or Lender.1Nben given in the aamer
<br />designated herein.
<br />
<br />D. UNIFORM DEED OF TRUST; GOVERNING LAW; SEVERABILITY
<br />
<br />UnifotlD CoYenant IS of tI1! Securi ty Ins ~ is anealed to read as follows:
<br />
<br />15. Uniform Deed of Trust; Governing Law; S......rability. This fotID of Security Insttuaent combines
<br />..u.f011ll coveoaotsuae and TlOlMJlliform covenants with limited variadDns by jurisdiction to constitute
<br />a unifoon security insttuaent covering real propetty. This Security Instrun;mt shalll:e governed by
<br />feder.;i law aM law of the jurisdiction in which the Property is located. In tte event that. any
<br />provision or cla1se of the Security Instnmml: or the Note conflicts with applicable law, such
<br />cooflict stall not affect otter provisions of this Security InstI'\m!nt or the Note ...w.ch can 1:e given
<br />effect withwt the conflicting provision, and to this end the provisions of this Security Instnmant
<br />aai the Note. are declared to te severable.
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<br />E. 1'R;\NSFER OF THE Pl(PKRIY; CR A lEI€.FIClAL INrERE:,. IN 1UlR)IER.
<br />
<br />Unifotlll CoYenant 17 of the Security Instrumel1t is aneIrled to read as follows;
<br />
<br />17. Transfer of the Property or a Beneficial Interest in Borr",,",r. If all or any part of the
<br />Property or an interest therein is sold or tranoferred (or if a l:eneficial ioceres t in Borr"""", is
<br />eo1d or tmosferred and Borro.e- is oot a natural person) without Lender's prior written consent,
<br />Len:ler may, at Len:ler-s option, dedare all the stIllS secured by this Security InstI'\m!nt to l:e
<br />imIlediatllly due and payable. ~r, this option shall not l:e exercised by Lender if e..,rcise is
<br />not lIUthotized by Fe:Jenll Law.
<br />
<br />If Lenler ellIal:cises such option to accelerate, Lenler shall ll8il Borr"""r nocice of acceleration in
<br />IlCCQtdallce with paragraph 14 hereof, Such notice shall provide. a periDd of not lesa than 30 days
<br />froa tbe date thellQtice is llIIilled within whi<:h Borrower may pay tte stIllS declared due, If Borr""""
<br />fails to pa;y such ~ prior to tm expiration of such period, Lender may, without further llotice or
<br />~ on l!arrower, i.~ any l'EIOOdl.ea petlll!ttcd IT, ...........aph 18 heroo!.
<br />
<br />NogIi~ a....u. or tranafer, Borr"""r will conti..... to be obligated under the Note ",xi this
<br />5El;;urity ttlll~ \JJle<IB Lender has tel.e.aslOO Borr"""", in writing,
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<br />TMC--G24 (qe) (Pn.gt~ :2)
<br />Rev 2/84 (CAP 2)
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