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HomeMy WebLinkAbout0917 ? ~ u oo.a.+-w ~.al c~-Cx~ ~ ~ ~ i • ,~~i ' ~ V! ~fr faith contest such l;en by, or defend against enforaaunt of :uch lien k=al prooeedin~s which in the opinion of Lender operace to prevent the enforament of the lien or forfeiture oP the Pr~perty o~ any put thereo~ or (c) shall secure from the holder of such li~a an agreeanent in a fora~ satisfietory to I..ender ~sub~ordinatin~ auch lien w this = Security Inswment. If I.eader detenninea that aU or any part of the Property ia subject to a licn which may attain a priority over this Security Instrument, L,eader shall ~ive Bomower a notioe identifying such lien. Borrower shall satisfy such lien or talce one or more of the accioas set forth above within tea dsys of the ~ivin~ of tht aotia. - ; G NOT1CE - - . Uniform Covenant 14 of the Securiry Inswmeae is amended to read as Pollows: ~ l~. Notica Exapt for any notia required under applicablc~aw to be given in another maaner, ( a) any notia to Borrower provided for in this Security Instrument shall be given h~+ delivering it or by mailing it by ~irst dass mail to Borrower at the Property Address or at such other addnss as Borro r may designace by noda to Lender as provided herein. and (b) any notioe to Lender shall be given by ficst class m'~p Lender's address stated herein or to such other address as Lender may designate by norioe to Borrower as provi ed herein. Any notia provided for in this ` Securiry Instrumenc shall be deemed co have been given to Bornower or Lender when given in the manner designated . herein. D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERRBILITY Uniform Covenant 1 S of the Security Instrument is amended to read as follows: : IS. Unitorm Security Instrument; Goveraing l.~w; Severability. This form of Security Instcument combines uniform oovenants for national use and non-uniform mvenaats with limited variations by jurisdiction ta soastitute a uniform . security inswment oovering real property. ?his Security Instrumenc shall be governed by Federal law and the law of the jurisdiction ia which the Property is locaced. In the event that any provision or clause of this Securiry Instrument or the Note conflicts with applicable law. such oonflict shall not affect other provisions of this Security Inswment or the Note which can be given e8'ect witltout the oonflicting provision, and to this end the provisions of this Security Instru~nent and the Note are declared to be severable. i i E TRANSFER OF THE PROPERTY OR A BENEFICUL IN'I'~RFST IN BORROWER ° Uniform Covenant l7 of the Sezurity Instrument is amended to read as follows: ~ 17. Tra~fer a! the Prop~rty or a Beneficial laterest ia Borrowe~. If all or any part of the Properry or an interest ~ thereia is sold or transferred ( or if a beneficial interest in Borrower is sold or transferned and Bornower ia not a naturat ! € person ) without Lender's prior written consent, [xnder may, at Lender's opteon, declare all th~ sums secured by this ~ Securiry Instrument to be immediately due and payable. However, this optioa shall not be eaercised by Lender if ~ exercise is not authoriud by Federal law. ~ - ~ If Lender eaercises such option to accelerate, Lender shall mail Bonower notice of aooeleration in avoordaaa with paragraph 14 hereof. Such notice shall provide a period of not less than 30 days from the date the notice is mailed k within which Borrower may pay the sums declared due. If Borcower fails to pay such sums prior to the expiration of 4 ~ such period, Lender may, without further noace or demand on Borrower, invoke any remedies permitted by ~ paragraph 18 hereof. ~ ~ ~ Notwithstanding a sale or transfer, Borrower will aontinue to be obligated under the Note and this Security Inswment unless Lender has reteased Borrowet in writing. ~ i F. LOAN CHARGES ~ If the loan secured by the Security Instrument is subjea to a law which sets mauimum toan charges, and that law is ` finally interpreted so that the interest or other loan charges oollected or to be oollected in oonnection with the loan exceed permitted limits, then: (1) any such loan charge shatl be reduced by the amount necessary to reduce the charge to the permitted limit; and ( 2) any sums already oollected from Borrower which eaceeded permitted limits will tr be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the. Nou or by making a direct payment to Borrower. If a refund reduces principat, the reduction will be veated as a partial prepayment under the Note. Irr WrmESS Wt~t~, Borro~er 6as executed t1~is A' sbble Rate Rider. ..~~..y........ . Seal ) -6orrower i ~ ~ll 29 ~,~1 ~ ~ . ~...~J..~~.......... seal) ~ i3l.Ll11SVOJ 3Ht1S`~I~~Oj, ~t~c ~~r ~i c;,- ~ ~i~"~a~b' ~ -soROw« ~1N~d~$~~~ SI.Lt/Gif ~C'iv! • : ttl~GC~i i'r,~-::,;.; •tt E~R1rCt~ t ti1T'r-~.,............................................................... ~ . , . • / a~ r~ /J -BOfTO1MM ~ fr~ ~ {Slyn OilpMa/ Oni~?) l/ ` ~ 8001( PAGE