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~~t~ <br />RIDER T4 <br />REN£fDTIABLE RATE MDRTf~31GE <br />In connection with the Renegotiable Rate Mortgage executed by the <br />undersigned Borrower and of even date herewith, Borrower and Lender <br />hereby agree to the following additional provisions: <br />Transfer of property; Assumption. Lender.shali waive <br />its option to accelerate under paragraph 17 hereof if t,l) prior to <br />such sa'~ ar *ransfer Bgrrewer notifies tender of tfie proposed <br />transaction and sass t3rat Lender is given any information it may <br />request in order *~ evaluate the person to wham the property is being. <br />Bald or transferred., ~zT Lender deteemrines, in its sole discretion, <br />that assumption of the loan by the proposed purchaser or transferee <br />will meet stand"ands of creditworthiness and security which are acceptable <br />to it, which standards shall, insofar as may be practical, be the same <br />underwriting standards as are than applied by Lender in connection with <br />malting a new loan, i~'l the person to whop: the property is to b; said or <br />transferred executes a Written ass:~ptian agreeaasnt accepted in writing <br />by Lender and ogress `~ pay Lender`s r!armai eonventianal loo: ass:arptian <br />,~, anL i ;, na atiw:a^ ~.nfaairs exist under the hbrtaaae or the t3ate <br />secured hereby. <br />C{9ERCIAL,EEDERAL SAVINGS & LOAN <br />r <br />/~ f~V ~~ : - // <br />DATE:~~_ ~ ~ ` <br /> <br />/ f f` .%Li /~ ..i' f <br />Tucker L. Steele <br />Janet .i. Steele <br />DATE: <br />?~-Zfl~4 <br />i_ . <br />