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� B. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Sectinn 18 of the Security Instrument is amended to read as follows: Transfer of the I'roperty or a Beneficial Interest in Barrower. As used in this Sectian 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond far deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. If all or any part pf the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. However, this option shall nat be exercised by Lender if such �xercise is prohibited by Applicable Law. Lender also shall not exercise this option if: (a) Borrower causes ta be submitted #o Lender information required by Lender to evaluate the intended transferee as if a new loan were being made to th� transferee; and (b) Lender reasonably determines that Lender's security will not be impaired by the loan assumption and that the risk of a breach of any covenant or agreement in this Security Instrument is acceptable to Lender. To the extent permitted by Applicable Law, Lender may charge a reasonable fee as a condition to Lender's consent to the loan assumption. Lender may also require the transferee ta sign an assumptidn agreement that is acceptable to Lender and that obligates the transferee to keep all the promises and agreements made in the Note and in this Security Instrument. Barrower will continue to be obligated under the Nate and this Security Instrument unless Lender releases Borrdwer in writing. If Lender exercises the option to require immediate payment in full, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay all sums secured by this Security Instrum�nt. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand an Borrow er. 23Q944 MULTISTATE ADJUSTABL� RATE RIDER - ARM 5-2 . Fannie Mae 4-2/5-2/6-2 ARM Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3111 1/01 VM P � VM P822R (0804) Wolters Kluwer Financial Services Initials: � Page 3 nf 4