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<br /> <br /> <br /> <br /> ' x . <br /> <br /> <br /> D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERABU;^,' iY <br /> Uniform Covenant 15 of the Security Instrument is amended to reiid.as follows: <br /> 15. Uniform Sertrity Instrument: Goveralag Law; Sevembft.'i'his form of Security Instrument combinri uniform covenants for national <br /> use and non-uniform covenants with limited variwiow by jurisd~et? rn to constitute a uniform security inctntment coveting real property. This <br /> Security Instrument shall be governed by Federal late and the law of the jurisdiction in which the Propeaty is located. In the event that any <br /> provision or clause of this Security Instrument or the Note conflicts with applicable law, such ermf'.ict rltall not affect other provisions of this <br /> Security Instrument or the Note which can be given effect without the conflicting provision„ and to, this end the provisions of this Security <br /> Instrument and the Note are declared to be severable. <br /> E. TRANSFER OF TitE PROPERTY OR A BENEFICIAL INTMEST IN BORROWER <br /> Uniform Covenant 17 of the Security Instrument is amended to rmd as follows: <br /> 17. Transfer of the Prepterty or a Beneficial Lntemt In 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 bender's option, declare all the sums secured by this Se.urity Instrument to be immediately due and payable. However, this <br /> option shall not be 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 accordance with paragraph 14 hereof. Stich <br /> notice shall provide a period of not less than 30 days from the date the notice is mailed within which Borrower may pay the sums deviated due. If <br /> Borrmv::r fails tc pay such sums prior to the expiration of such period, Lender may, without further notice or demand on Borrower, invoke any <br /> remedies permitted by paragraph 18 hereof. <br /> Notwithstanding a We or transfer. Borrower will continue to be obligated under the Note and this Security Instrument unless Lender has <br /> released Borrower in writing. <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 finally interpreted so that the <br /> interest or other loan charges collected or to be collected in connection with the loan exceed permitted limits, then: (I) any such loan charge shall <br /> be reduced by the amount necessary to reduce the charge to the permitted limit; and (2) any sums already collected from Borrower which <br /> exceeded permitted limits v ill be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note <br /> or by making a direct payment to Borrower. If a refund reduces principal, the i Auction will be treated as a partial prepayment under the Note. <br /> IN WITNESS WHEREOF, Borrower has executed this Adjustable Rate Rider. <br /> <br /> (Seal) <br /> R. Moores, Sr. ~ RROWER. <br /> <br /> (Seal) <br /> ~eanette F. Moores BORROWER <br /> <br /> (Stal) <br /> BORROWER <br /> (SIGN ORIGINAL ONLY) <br /> <br /> J~ r <br /> :n <br /> Yea . <br /> <br /> <br /> <br /> M <br /> a <br /> " rp <br /> r.:~ e + cc <br /> <br /> <br /> © C <br /> <br /> <br /> W t t.o GJ <br /> <br /> X <br /> n <br /> n <br /> <br /> <br /> <br /> <br /> 'Y' <br /> - v <br />