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8400253
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Last modified
7/13/2009 1:11:57 PM
Creation date
7/13/2009 1:11:56 PM
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84000253
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<br /> 7 z . ri, r a j,. M 111917111? <br /> ):r i W. <br /> k -A, t tiff max # -;iE ~ os'~ w .N s~fw r iY ' ~ 4" T ai . <br /> k 3 <br /> . r.:. - t h r v~ay ~:rY ),rk i. n.Nr.v = ~ ,r ♦ 'Y~[ _s•1h'ir <br /> t; irk 3 <br /> ~ y t ssr`~'~ ~fc~, o.: i' > + b'y F^ tw r. z4~b~` t~ ~ ~.r r <br /> r „ Ghsf~aa tRa' ~4° t a• ' .{7~ry` r ~ ~ t x a t <br /> } tC,i/~ Lv rNgr 94: tEw~ .it .rri titr 2~{ . -r +r, , a+ <br /> W Weened by federal IM WA, 1201:'d the ju diction in %61C ti the Property is I ocated• In the <br /> egent that my prwisim ar c1mm of the Sexcurity ';ant- c r the late coonl s with applicable <br /> laxly such cmflict tel. not affect `other XxisiA[1s of tht.s SmritY D=rmmt or the Noce which <br /> can be given effect utthocx the conflicti pecroe!rladm, ad to this ead the PrOwlsicm of this <br /> Security Instruct wd the Nbte, acre deciared to be avoerabhe» <br /> E. TRANSFER OF THE PROPERTY, OR A BENEFICIAL INTZREST IN BORROWER. <br /> lhi.6o= Gait 17 of the Security Inetn rt is ascended to read atr follow: <br /> 17. Mmaeferr of the Prop`ny or a ftneficial Intmot in Hawrror a. If all or may pert of the <br /> Property or an interest therein is vold cc tre , s 6 1 , rld (or if a brndletal interest in Borrv ar is <br /> saki or trxe~ f%Ted and Borrv ar is wt a nstuml persean) idthout Lenilic's prior written mot, <br /> larder may, at Lender's option, declare all the suns semavd by this Security Instrument to be <br /> invedintely clue and payable. Haweroer, this option shall wt be exert sed by I if eraercise is <br /> not authorized by fl Law. <br /> If Lenierr exercises such option to acceler te, Lmrier shall aartil Borrower notice of acceleration in <br /> accordance with pwragraph 14 hereof. Such notice stall. pwrovidia a period of not leas than 30 days <br /> from the date the notice is riled wdthin w#dch Borrow away pay the seams declared due. If Borrower <br /> fails to pay such am prior to the eoVa tioa of such proiod, Leader my, wittnut further notice or <br /> demand ou Borg, invoie my resulies pmmdtted by pwmgraph 18 hereof. <br /> Notwithstanding a sale or transfer, Honorer will, cantirnue to be obligated uwadeer the Note cud this <br /> Swirity Instrument u Amss tender h released Borrower In mitisg. <br /> F. NO FUTURE ADVANCES <br /> Nour4li3form Cwt 21 of the Security Instrument (-Future Advaorm s") is deleted. <br /> G. LOAN CHARGES <br /> If the loan secured by the Security Instruasnt is subject to a law wrtdch sets mmdb m loan charges, <br /> and that 12m is finally interpreted so that the interest or other' loan charges collected or to be <br /> collected in cocasaction, with the loran exceed permitted limits, then: (1) any such loan charge shall <br /> be reduced by the amount necessary to reduce the chmW to the permitted 11mits; and (2) any suns <br /> already colllected from Borrower utdch exoe:+eded permitted limits wd1.1 be refunded to Borrower. Under <br /> may chxm to make this refund by reducing the principal. C>we(l under the Note or by making a direct <br /> payment to Borrower. If a refund reduces princkR1, the reduction wii14 be treated as a partial <br /> prepayMEnt under the Note. <br /> H. LEGISLATION <br /> If, after the date hereof, enactment or expiration of applicable laws have the effect either of <br /> remkmlzg the provisions of the Note, the Swurity Inst t or this Adjustable Payment Rider (other <br /> than this pmmgraph H) unenforceable accoCding to their teems, or all or any part of the sum secured <br /> hereby uncollectable, as otterw>'ise provided in the Security I.nstnnmt and this Adjustable Payment <br /> Rider, or of diming the value of Lmidees security, then Fender, at Lender's option, may delcare <br /> all stlC~s Bmz e'd by the Security Inatrment to be 1=wd ately doe and payable. <br /> IN WMEM WHEREOF, Borrower has ewcated this Adjustable Payment Rider. <br /> C,, C G, (Seal) <br /> Roger A. Taylor -Borrower <br /> (Seal) <br /> Jean J. Taylor -Borrower <br /> (Seal) <br /> -Borrower <br /> <br /> (Sign. Original Only) <br />
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