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Home My WebLink About0926 :~.i,~~~.,~.i t;~~rmarr at thc Pru~xrty A~idrrti~ ur at ~uch ~~thrr address as E)orruwrr may Je~ig~ate by na1~rC to Lendcr a~ ~r.~~ ~~lc~~i ticrru~. an~i ~h) an~ nuu~•r t~~ LrnJrr ,haU tk gi~ rn by firsi cla~, mail to Lender's eddrrti~ statrd herein ar to such ~~ihrr a~l~lrr„ a+ l.rnarr ma~ ~1rti~gnatr h~ n~~u~r tu Burraw~rr a. pru~ ided herrin. Anp nc~tire providrd fur in th~ti Security In.trum~ni .hall tk ~irrmrJ t~~ ha~r txen g~~~n to 13orm~er ~~r Lender whrn given in thr munn~r des~gnated hrrein. D. Uti1FOR~1 SECURITY 1NSTRU1~lENT; GOVERNINC LA~i~'; SEVERABILITY l'nif~~nn Ca~enant 15 of ihe Serurity lnstrument i~ amended to read as follows: 15. 1~'niform Security Instrument; Governing Law; Severability. This form of Stcurity Instrum~nt combincs uniform ~~»enant, for national use and nnn-uniform cuvenants with limited ~•ariations by jurisdictian to constitute a uniform u.:urit~ in~trument co~enng real property. This Security Instrument shall be go~~erned by federai law and the law otthe ~un,dirhon in which the Pro~ert~~ iti I~atrd. In the event that any provision or clause of this Security lnstrument or the tiute cunflicts with applicable law~, such conflict shall not affect other pro~~isions of this Security Instrumenl or the Note which ran t~e gi~en effect ~?•ithout the conflicting provision, and to this end the pro~~isions oF this Security Instrument and the Note are declared to be severable. E. TRAI~SFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER ~ [:niform Co~•enant t 7 of the Securitv Instrument ~s amended to read as follow•s: 17. Transfer of the Property or a BeneRcial Interest in Borrower. If att or any part of thc Properiy or an interest thertin i, sold or transferred by Borrower (or if a beneficial interest in Borroa~er ~s so)d or transferred and Borrow~er is not a natural person or pers~ns but is a corporation, partnership, trust or other legal entity) without Lender's prior written consent, excluding (a) the creauon oF a lien or encumbranre subordinate to this Security Instrument which does not relate to a t~ansfer of nghts of ocrupanc}~ in the property. (b) the creation of a purchase monty security interest for househotd ~ applianres, (c) a transfer b~~ de~ise, descent or by operation of laa~ upon the death oPa joint tenant or (d) the grant of any j leasehold inrerest of three ~~ears or less not containing an option to purchase, Lender may, at Lender's option, deciare ali j the sums secured b}~ this Security Instrument to be irrimediately due and payable. ' If Lender exercises such option to arcelerate, Lender shall mail Borrow~er notice of acceleration in accordance with ; ~aragraph 14 hereoC Surh not~ce shall pro~ide a period of not iess than 30 days from the date the notice is mailed wiihin hich F3orrow~er may pa~~ the sums declared due. If Borrow•er faiis to pay such sums prior to the expiration otsuch perio~, Lender ma~•, K~~thout further notice ar demand on Borrow~er, ~nvoke an~• remedies permittrd by~ paragraph 18 here~f. Lender may cun~ent to a sale or transfer if: (1) Borrow~er causes to be sebmitted to Lender information required by Lender . t~~ e~afuate the traneferee as if a new loan were being made to the transferee; (2) Lender reasonably determines that Lender's securit~• w~iil not be impaired and that the risk of a breach of any covenant or agreement in this Security Instrument +s :~rceptable; (3) interest is pap•able on the sums secured b}~ this Securit~~ Instrument at a rate aeceptable to Ler~der: (a) changc~ in the terms of the Note and this Secunty Instrument required by Lender are made, ineluding, for e~am~le. ~rioclir adp~titmrnt in the intere~t rate, a different fina~ payment date for the loan, and addition of unpaid interest t~~ rn=ui~aL and (S) the transferee signti ~n atisumptian agreement that is acceptable to Lender and that obligates the tran,ieree tu keep all the ~rcimises and agrremeniti made in the `Vote and in this Security Instr~ment, as modified if reyuired h~~ Lender. Tu the rxlent ~ermitted h~ a~rli~able law. Lendrr aiso mac rharge a reasonable fee as a condition to l.rn~irr'~ r~m~ent tc~ an~ ~ale ur tran~fer. E3~~rru~~er H~11 re~ntinu~ te~ he ~~hl~gated under the .'~iutr and thiti Se~urity~ In~trument nnless Lendrr re!eases Borrow~er in f1Uf1Q. I=. CO~'E\A~T DE~:I,ETEll \~~n-l'niti~rm Cu~eriant ? 1 c~f thr Sr~unt~ Ir~~trument 1"Future Ad~anre~") iti deleted. G. LOAti CHARGES (f the loan serured hy the Securit~ Instrumrnt is tiuh~ert u~ a law~ ~chich sets ma!cimum loan rharges, and that lav~~ is finally~ inter~retrd sc~ that the ~ntere~t ~,r ather laan charges collected or to be collected in connection w~ith the loan exceed ~erm~ttrd lim~tti. then: (1) an} tiuch It~an rharge tihail be reduced by the amount necessar}~ to reduce the charge ro the ~ermitted limitti: and 1?) an} surnti alrea~} coliected from Borrow~er w~hich exceeded permitted limits will be refunded to B<~rrc~wer. Lender ma}~ rhoose to make th~~ refund by~ reduc~ng the principal ow~ed under the l~iote or by making a direct ~a}ment to Borrower. If a refund redures ~nnri~ai, the reduction K•ilt be treated as a partial prepay~ment uoder the Note. H. I.EGISLATIO\ If. aftrr the date heree~f, rna~tment or exp~r~t~on uf applicabie lawt ha~•e the effect either of rrndering the pro~isions of the ti~~te. the Securit} ~ntitrument or thiti (iraduatrd Payment R~der (other than this paragraph H) nnenforceable according to their termti, or aii ur an} ~art of the tiums ~ecured hereb} unrollectable, as othera~se pro~ided in the Secunty Instrument and t??i~ Graduated Pa~ ment Ridrr, ~r of clim~n~shing the ~alue of Lender's security~, then Lender, at Lender's option, may drelarr all ~um~ `ecured b} the Securit} Instrument tc~ be immediately due and pay~able. ~ I~ H'i i~t `ti Wtit.?tt.~~F . Hurmwer ha5 executed this Graduated Pa~•ment Rider. fi060'75 ~ ~q63 , - , ~~~r~' -t~ -s~ ~ ~ ! ~l i':! .........................tSeal> A ~ari~ Ik~le~ ~1i~er .aorrowe. a r. ; _ , - ; , . . . _ . , . • • i ~ ~ ..............5_...[...._.......'...5..~ t :..~~.........................~Seal) ~ . . . ~ _ . L1J( . V1Ck1 A. ALl~T' Bor?owe~ ~ 'J _ . _.......................................................................(Seal) **j~l-i.ich shall be deter,-nined at the time of Nbdification of the :~0~ -Borrower and Nbrtgage, as rrnre particularly pravideci in the Rider~ the Note. ~S`e" o.,g;~~~ o~~y~ 4p0 ~a~ 9~4 ao~~c _ .