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<br />D. UNIFORM SEClJRITY INSTRUMENT; GOVERNING LAW; SEVERABILITY
<br />Uniform Covenant IS of the Security Instrument is amended to read as follows:
<br />15. Uniform Sealrity Instrumetlt; GovernlDg La..; Severallillty, This form of Security Instrument combines uniform covenants for national
<br />use and non-unirorm covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property, This
<br />Security Instrument shall be governed by Federal law aad the law of the jurisdiction in which the Property is located. In the event that any
<br />provi$ion or clause of this Secudty Instrument or the Note conflicts with applicable law~ such conflict shall not affect Qther provisions of fi~
<br />Security Instrument or the Note which can be given effect without the conllicting provision, and to this end the provisions of this Security
<br />Instrument and the Note are declared to be severable.
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<br />E. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTERFST II'! BORROWER
<br />Uniform Covenant 17 of the Security Instrument is amended to read as follows:
<br />17. TraJlSfer of the Property or I Benefldallnl_ Ie Borrower. If all or any part of the Property or an interest therein is sold or transferred
<br />(or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior written consent,
<br />Lender may, at Lender's option, declare all the sums secured by ~his Security Instrument to be immediately'due and payable. HoWever, this
<br />option shall not b<l exercised by Lender if exercise is not authorized by Federal law ,
<br />If Lender exercises such option to accelerate, Lender shall mail Borrower notice of acceleration in accordan<:ewith paragraph 14 h~. Sui:h
<br />notice shall provide a period of not less than 30 days frolD the date Ihe notice is mailed within which Borrower ma)' pay thestu11Sdedarectd~; If
<br />Borrower fails to pay such sums prior to the expiration of such period, Lender may, without further notice or demand on Borrowa-,Invoke;any:
<br />remedies permitted by paragraph 18 hereof. , . .... . ,.'
<br />Notwithstanding a sale or transfer. Borrower will continue to be obligated under Ihe Note and this Security.lnstrumentulllesil.Lesldf:t':ha$':,_
<br />released Borrower in writing.
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<br />F, LOAN CHARGES . . . .'. ,;et.;).;,,:
<br />If the loan secured by the Security Instrument is subject to a Jaw which sets maximum loan charges, and that law is finaIly~$9'~"c;:/
<br />interest or other loan charges collected or to be collected in connection with'. . '""" exceed permitted limits, then: (l)an)'1fw:lll9u;
<br />be reduced by tbe amount necessary to reduce the charge 10 Ihe llI'l" ''"''''' wnit; and (2),"'1 sums aJready colleCttdfrotn", .
<br />exceeded permitred limits will be r.fund<<l to Borrow..,., L~noo "".y' ... to ",ne thi. refund by reducing the ...i:::clPa/-mved
<br />0; by making a direct pa;'int:'fit to fiGrrowcr. if a ietuud red:w;Q pfificipa.i~ the reciuction wiii be treated as-a partiaj'prepayn1eDt,:~~~,~:;c
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<br />IN WITNESS WHEREOF, Borro...... .... executecl this Adjustable Rate RIder.
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<br />Denzel R. 8us~ck
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