<br />(E) LesallJmitation OIl Rate.
<br />If t:ba .fu2drate to be quoted on any l'ayJJent' ctrmge. Date exceeds tre DBXI.oun~or rate
<br />allowed by applicable law, then COtM>rsion will not be allowed for thatPayment:~Da1:e; 11be. .
<br />note oolder may. offer a :u-r rate or charses tbmrequired orpennitted by thtSsection1norcJer.~to
<br />ccmply with wdt legall:1:mf.tatiorlS, bi.It is not requi.red'Wd)'so. .
<br />
<br />84--
<br />
<br />~~
<br />
<br />(F) Prepayaent. . .' .' . <..,.\.:.
<br />If, after c;awemion, I IIIlke any prepaymentt.nler section 8, it willbegpwmedOy'seet:km'jJ
<br />ellDlpt .that t:ba 8IIDUIlt of my DDOthly plymetlts.will. riot: be:~; .,.", '. . . .
<br />
<br />(G) l'roI71sionsNot 'Applicable after Convers1on.
<br />After c:.onvetsion' of t:bis. kIsn, sectionJ 2 (ellDlpt fOr' tm.. fil:stt\i!)seliterices)'i 3; 4<~~X
<br />for (A)), 5, 7, lIXii thelsst tw sentences af section8'shallnotapply. '
<br />
<br />
<br />7. NOTICE OF CHANGES .... .'. ". " ..... .......'...
<br />!be Note Holder w:I.ll mail or deliver W us a notice of any cI1<qes intba fulL M:lath1Y.Alll:lQOt
<br />lIXii my lOOllth1.y payments at least 30 days before the effective date of any cl:lStlge.. !be not1cewO.l
<br />irelude infoIlllation requl.red by law to be given me lIXii also tre title and teleplxmetuiler~' a:
<br />petson who will answer any question I may have reg;anling tre notice."
<br />
<br />B. CHARGES; LIENS
<br />
<br />UnifOIlll Covenant 4 of t:ba Security Inst::ruoent is amanIed. W read as follows:
<br />
<br />4. Olarges; Lieos. ll<:IrraEr shall pay all taxes, 9Sae"-", and. otbar cbarges,fineS/8Ild'
<br />imposidons attriOOtable to tie Property which may attlrln a priority overthis.5ecurity'~;
<br />lIXii leasehold ~ or grOUJXl rents, if any, in the IllIIlDer provided undei'paragraph2hen!of.or;
<br />if rtt pdd in wdt 1llIIlDer, by BoJ:1'(lOO!I' 1lI!Ildng !8)I1II!nt, when due, directlyw, the payee, tbe.reClf';
<br />BorrCllO& shall pr<1l\rly furnish to Lender all notices of ~ due undei' thispm>grllpll,lltdinthe.
<br />even!: BoJ:1'(lOO!I' shall IIIlke jEyment directly, Borrc:ooer shall pranptly furnish to Lealer receipts-
<br />evidencing such~. llorrol;er shall pranptly discharge any lien wb.ich has priorityovei'this
<br />Security Insl:I:UlEnt:; provided, that ll<:IrraEr shall rttle required W discharge anysoch lien so. loog
<br />as Jlorraer: (a) shall agree in writ::iqJ to the payment. of the obligacion secured by such lien in a
<br />1ll'iIlDer acceptable to Lenler; (b) sMll in good faith contest such lien by, or defen:l: against
<br />enforcsIent of wdt lien in, legal p.' ,''efulgs which in the opinion of Lender operate to prevent: the
<br />enforcement of t:ba lien or forfeiture "L t:ba Property or any jErtthereof; or (c) shall secure.fran
<br />the b:>lder of such lien an agreaoont in a fonn satisfactory to Lender subordinating such lien' to this
<br />Security Inst::ruoent.
<br />
<br />If Lenler dete1lllines that all or any jErt of tie Property is subject to a lien wb.ichmay attain a
<br />priority aver this Security Insl:I:UlEnt:, Lender shall send Borrower notice identi:fying such lien.
<br />Borrower shall satisfy such lien or take ore or IlDre of t:ba actions. set. forth above wit.'Un ten days
<br />of the gi viDg of notice.
<br />
<br />C. NOTICE
<br />
<br />UnifOIlll Covenant 14 of t:ba Security Inst::ruoent is anen:led to read as fol:lows:
<br />
<br />14. Notice. Except for any notice required un:ler applicable law to be given in another 1IlI'llll'ler, (a)
<br />any notice. to Borrower provided for in this Security Thst:r\Jlmnt shall Ie given by delivering it or by
<br />mailing it by fimt class mail addressed to llorroo1er at the Property Address or at such otIer address
<br />as Borrower may desigpate by notice W Lenler as provided lerein, ani (b) any not:i.c;e to Lenler shall
<br />be given by fimt class mail to Lender's address stated 1ere1n or to such otter address as Lender may
<br />designate by notice W Borrower as provided lerein. PJ:rj notice provided for in t:ba Security
<br />Ins1:nJl:elt shall be detmt;d to have 00en gl. van to Ilorrower or Lender when given in the manoor
<br />desigpated herein.
<br />
<br />
<br />.;:.
<br />'{','
<br />
<br />D. UNIFORM DEED OF TRUST; GOVERNING LAW; SEVERABILITY
<br />
<br />Unifom Covenant 15 of t:ba Securi ty Ins l:I:UIEnt: is anen:Ied tG read as fol:lows:
<br />
<br />15. UnifODll Deed of Trust; Goveming Law; Severability. This fom of Security IostIUDent combines
<br />ooiform.covenants use and non:-un:lfom covenants with limited variations by jurisdiction to corsUlllte
<br />a uniform security ins1:nJl:elt CO\Oel':lng real property, This Security Instn.mant shall be governed by
<br />federal law ani law of the jurisdictinn in \ihich t:ba Property is located. In tie event that any
<br />provision or clause of the Security Ins1:nJl:elt or the Note conflicts with applicable law, such
<br />conflict stall not affect otler provisions of this Security Inst:rumant or tie Note wb.ich can Ie given
<br />effect witOOut the conf~ provision, and to this end the provisions of this Security Instronent
<br />lIXii tie Note are declared to Ie severable.
<br />
<br />E. 'IRI'tlSFKR OF 'IHE POOPERlY; CR A lEW'ICI1\L !NI'EREST IN B:IU()IER.
<br />
<br />Unifonn Covenant 17 of the Security Inst::ruoeDt is amanded to read as fol.lools:
<br />
<br />17. Tamsfer of the Property or a Beneficial Interest in Borrower, If all or any jErt of the
<br />Property or an intem>t therein is sold or transferred (or if a beneficial intem> t in Borrower is
<br />sold or transferred and Bonn;er is not a natural person) without Lender's prior written consent,
<br />Lender may, at Lender's option, declare all t:ba SUDS secured by this Security Inst::ruoeDt to l:e
<br />lmlIed1ately due lIXii payable. ~, this option shall not Ie emrcised by lender if eJ<Ierclse is
<br />not a1thorlzed by Federal. Law.
<br />
<br />U l"etxler. ~ses such option to accelerate, LiID;ler slall mail Borrower notice of occeleration in
<br />~ with ~ 14 hereof. Such notice shall provide a period of not less than 30 days
<br />~ tie date tie notice is mailed within wb.ich llorrol;er may !BY tt.. SlIIlS declared due. If Borrower
<br />fliPs to J1IlW such llUllli prlDr to thi! EllCpiratioo of such period, Lender may, witb:>ut further notice or
<br />doilaIwd 00. ilolTOWllr, inYolteany remedies pet'lllitted by lBI'agraph 18 t..reof.
<br />
<br />Notwi~ a We or tnlA&fer. Bo~r ",ill eo,!"'= tn l:e ohliiatro \.l!1der too Note 3nl this
<br />Security .1n;It:tuDimt wJ.us Lender has released Borrower in writing,
<br />
<br />TMC-024 (qc) (Pag~ 2)
<br />Rev 1164 (CAP 2)
<br />
|