<br />r
<br />
<br />r
<br />
<br />D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERABILITY
<br />Uniform CovenanrUofth~Security Instrument Is amended to read as rollows:
<br />15, Uniform seairlty Insin.ment; Governing Law; Sevel'llbUlty. This rorm of Security Instrument combines uniform covenants for national
<br />use and non.uniform covenants with limited variations by jurisdiction to constitute a uniform security instrumentcoveringreaj~roperty.,1'bis
<br />Security Instrument shall be governed by Federal law and the law of the jurisdiction in which the, Property is located. Inth!'ev~qh~3.!I)'
<br />provision or clause of this Securi~ylnstrument or the Note conflicts with applicable law, such cont1ictshall not affectother,~o~o(#';
<br />Security Instrument otthe Note which can be given effect, without the conllicting provision, andtothisCJ1d,theprovisionS,of~~'~ty,:,
<br />Instrument and the Note are declared to be severable. . ,
<br />
<br />
<br />E, TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER
<br />Uniform Covenant 17 of the Security Instrument is amended to read as follows:
<br />17. Transfer of the Property or a Beneficial fnterest In Borrower. (r all or any part of the Property or aninteresUhereinis sold or tr~.~rre~t;
<br />(or if a beneficial interest in Borrower is sold or transferred and Borrower is'not-3 natural,person)'withoutJ,ender's"prioFwri~:;cc>.~,t;,,'
<br />Lender may, at Lender's option, declare all the sums secured by this Security Instrument to be.irnmediatelydue and payable;'Hi>Wever;,'this"
<br />option shall not be exercised by Lender if exercise is not authorized by Federal law . ' - -, ' "
<br />I f Lender exercises such option to accelerate, Lender shall mail Borrower notice of acceleration in ~ordan~ wi~_;paragr~h," r4;'b~~{;,~~~,
<br />notice shall provide a period of not less than 30 days from the date the notice is mailed within which Borrower may pa)"the81Jll1Sd""I8r<d'~~;0~r' ,
<br />Borrower fails io pay such sums prior to the expiration of such period, Lender may, without further-notice or'denuuid on'BOiT~W'~.j~~o~~,:~~"~..:
<br />remedies permitted by paragraph 18 hereor. 0 0'0,0,:<:".,::>,,;,-
<br />Notwithstanding a sale or transfer, Borrower will continue to be obligated under the Note and thiS-SecuritY--lnstrumeDt'unless,~~~~d'!~:'::;''-;'
<br />released Borrower in writing. '
<br />
<br />F, LOAN CHARGES
<br />If the loan secured by the Security Instrument is subject to a law which sets maximum loan charges, and that law'is finallyjnt~eteci)<r~~~~_:~:'<'
<br />interest or other loan charges collected or to be collected in connection with the loan exr:eed permitted-limits, then-: (11 !lJlY.~~~J~:~~~:~-:J'-
<br />be reduced by the amount necessary tn reduce the charge to the permitted limit; lU )) any sums already collected from~~rrower~o'1'hi~'; :
<br />exceeded permitted limits will be refunded to Borrower. L.:udcr may", :.OE~ to make this refund by reducing the.--principal owed~~~~(t~~_:~~te'" '
<br />or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment-uncler}:li~N_o~.: -
<br />
<br />CL-t- 8 ~~ ;po.L
<br />
<br />CLARK ~UG~N~ PO~ BORROWER
<br />
<br />
<br />IN WITNESS WHEREOF. Borrower has executed this Adjustahle Rate Rider,
<br />
<br />(Seal)
<br />
<br />~~..~..~
<br />lJl t MAR!C POOL~ BORROWER 'L-
<br />
<br />(Seal)
<br />
<br />BORROWER
<br />(SIGN ORIGINAL ONLY)
<br />
<br />(Seal)
<br />
<br /> .. 00
<br /> ~ = C'! ~ ~ ~
<br /> c~ ~
<br /> "- z-f
<br /> :J:> it'''-J = _, m q,
<br /> .~ ~ .- -< C> a..
<br /> '?? o'Yl '"
<br /> 0 "'" 'Ylz In
<br /> ~~ 0
<br /> 'Yl :r: m C-
<br /> o """ ;!>lP 0 0
<br /> t r- ;n "
<br /> m = W 1::
<br /> m r )> :3
<br /> 0 0:> (,., -.J
<br /> P ^ ro
<br /> (j) t :;:.
<br /> )> !-.J
<br /> :- U'l --.......
<br /> = (I> ',..!:' "",
<br /> )> (I> {'. n> ,';' !='
<br /> OJ -1 ~ ~;:~
<br />L U'l I ;~ r ;'
<br />-I
<br />;;0 \.,~t:\';
<br /> ~
<br />
|