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<br />D. UNIFORM SECURITY INSTRUMENT; GOVE.IlNING LAW; SEVERABILITY
<br />UniroffiJ Covenll\l~15 of the Security Instrument is amended to read as follows:
<br />15, u'nifOl'lll s.<~riIyJnstrum.nt; Governing Law; Sa..rabiDly. This form of Securily Instrument combinesUniform~o~ett.u.isfOr'
<br />use and non-uniform covenants with limited variations by jurisdiction to constitute a uniformsecurityinsmJmetlt,cov~€(
<br />Security Instrument shall be governed by Federal law and the law of the jurisdiction incw!tich the,Pio~is;l<i?'~):JIi~
<br />provision or clause of this Security Instrument or the Note conflicts with applicable law,sUChcOnflict'sha11:not'aft;: C C 'c
<br />Security Instrument or the Note which can be given effect without the conflictiill!provision, and to thls'etld-cllJe;'PrO
<br />lnstrument and the Note are declared to be severable.
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<br />E. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTERES1'INJI()RROWER::?C
<br />Uniform Covenant 17 or the Security Instrument is amended to read as follows: , ': ':" ,,','," ";,, ";''',',':'if':,::;;i-
<br />J7, Transfer of tbe Preperty or a Benenciallnt.restln Borrower, If all or any part of the Property or anintetestthereili~Sl)ldcOI'~; ,
<br />(or ir a beneficial interest in Borrower is sold or transrerred and Borrower is not a natural person)witl1o..tI::etld.....Prior~~T"?~!;,: j
<br />Lender may. at Lender's option. declare all the sums secured by this s.."Curity Instrument to be immedilltelycdu,e"l!dpayable-,'HoWever;;tIjiS,; ;, i
<br />option shall not be exercised by Lender if exercise is not authorized by Federal law, ,',', '> ";,;c',,,';:> ' ':;i
<br />If Lender exercises such option to accelerate, Lender shall mail Borrower notice or acceleration;n accordancewith~P1i;I",:'h~ C i
<br />notice shall provide a period of not less than 30 days rrom the date the notice is mailed within which BorrowermaypllYctJ'e'$umS'~' 'i
<br />Borrower rails to pay such sums prior to the expiration or such period, Lender may. wi~hou~ rurtber notice or demand,on'aon:~~,iJ1~~,lIIi~;{
<br />remedies permitted by paragraph 18 hereof. '" '",.,:.y!' C
<br />Notwithstanding a sale or transfer, Borrower will continue to be obligated under the Note and this ~ty-IJ1Slrum~.t';_u~ess:~:~
<br />released Borrower in writing. _ . ,
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<br />F, LOAN CHARGES , ',', < ,'<
<br />If the loan secured by the Security Instrument is subjecr to a law which sets maxiJrum loan charges. and that law is f'mallyinterp~'~tllaLlhl<'~"
<br />interest or other loan charges collected or to be collected in connectio" with the,,,,, exceed pennitled,limits, then:.(l) anY SuchIOlll!'Ch~shiJl';"':'
<br />be reduced by the amount necessary to reduce the charge to the permit' hm,,; and (2) any,,,,,," already collectaUroDlCiiOl'lO\\'ei-",,'biI1J(
<br />exceeded. pem:ir:.ed limits wiii be refunded to Borrower _ Lend~r may choose to make this refund by reducing the principalQwecf, unde~. thc:N~ -~_'_
<br />or by making a direct payment to Borrower. If a refund reduces principal, ihe reduction will be treated as a partial prepaymerit:un~ theil'r{Ote:
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<br />IN WITNESS WHEREOF. Borrower has executed this Adjustabl. Rat. Rid.r.
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<br />William E. Smith
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