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, , .� <br />� <br />�o�oos32� <br />If all or any part of the Property or any Interest in the Praperty is sold or transferred (ar if <br />Borrower is not a natural person and a bene�cial interest in Borrower is sold or transfarred) <br />without Lender's prior written consent, Lender may require immediate paynnent in full of all sums <br />secured by this Security Instrument. However, this option shall not be exercised by Lender if such <br />exercise is prohibited by Applicable Law. Lender also shall not exercise this option if: (a) <br />Borrower causes to be submitted to Lender information required by Lender to evaluate the <br />intended transferee as if a new laan were being made to the transferee; and (b) Lender reasonably <br />determines that Lander's security will not be impaired by the loan assumption and that the risk of <br />a breach of any covenant or agreement in this Security Instrument is acceptable to Lender. <br />To the extent permitted by Applicable Law, Lender may charge a reasonable fee as a condition <br />to Lender's consent to the loan assumption. Lender may also require the transferee to sign an <br />assumption agreement that is acceptable to Lender and that obligates the transferee to keep all the <br />promises and agreements made in the Note and in this Security Instrument. Borrower will <br />continue to be obligated under the Note and this 5ecurity Instrument unless Lender releases <br />Borrower in writing. <br />If Lender exercises the option to require immediate payment in full, Lender shall give <br />Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from <br />the date the notice is given in accordance with Section 15 within which Borrower must pay all <br />sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the <br />expiration of this period, Lender may invoke any remedies permitted by this Security Instrument <br />without further notice or demand on Borrower. <br />BY SIGNING BELOW, Bonower accepts and agrees to the terms and covenants contained in this <br />Adjustable Rate Rider. <br />i�//AV�2� (Seal) <br />MiC�e`�i�FletC �� - Borrower <br />(Seal) <br />Rut A FI9tGh0r . _eorrower <br />MULTISTATE ADJUSTABLE RATE RIDER- ARM 5-2 - Single Family - FNMA/FHLMC Uniform Instrument <br />Form 3111 1/01 <br />Laser Forrns Inc. (800) 44�3555 <br />LFI #FNMA3111 1/01 Page 3 of 3 <br />(Seal) <br />-Borrawer <br />(Seal) <br />-Borrower <br />