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Home My WebLink About0952 - ~ .i^ • i ~ ~ ' ~ a-~. 4. faith aoatest such IieA by. or defead a~sinst cnforameat of auch lien in, k~al p~v~oeedin~s which in che opinion of Leader operate to prcvent the entorament of the liea or forfeiture of the F~+opetty or any patt thercof; or (c) shall ~ secure from the holder of such lien an agreement ia a form utisfactory to I.e~der subordinati~ auch liea to thia Securiry Instrument. If Lender determina that all or aay part of the Propercy is subject to a lien which may attain a priority over tAis Securiry Instrumeat, Lender shali Eive Bornower a notia identifyinz such lien. BorroMer shaU satisfj+ such lien or uke one or more of che actions set torth above within tea days of the ~ivia~ of the noda. C. NOTICE Uniform Covenant 14 of the Security Inswment is amended to read as follows: ~ 11. Notica Except for any notia c~equired under applicable law to be givea in another manner, ( a) any notia to ; Borcower provided for in this Security Instrumeat shall be given by delivering it or by mailing it by first class mail to Borrower at the Properry Addrcss or at such other addreu as Borrower may designate by notia to Ltnder as provided herein, and ( b) any notia to Lender shall be givea by first class mail to Lender's addrcss stated her+ein or W such other address as Lender may designate by notioe to Bomawer as provided herein. Any notia provided for in this Security Inswment shall be deemed to hav~ been given to Borrower or Lender whea given ia the manner designated , hercin. j ~ D. UNIFORM SECURITY INSTRUMENT; COVERNING LAW; SEVERABILITY Uniform Covenant 15 of the Security Instrument is amended to read as follows: 15. Uniform Security ln~trumeah Governi~ l.aw; Sevenbility. This form of Securiry Instrumeat oombines uniform oovenants for national use and non-uniform covenants with limited variatioas by jurisdiction to oonstitute a uniform ~ securiry inswment o~vering real property. This Securiry Instrument shali be govemed by Federal law and the laa of ` the jurisdiction in which the Property is located. In the event that any provision or clause of this Security Inswment ' or the Note conflicts with applicable law, such ooaflict shall not affect other provisions of this Security Instrumeat or the Note which can be given eH'ect without the oonflicting provision, and to this end the provisions of this Security ~ Instrument and the Note are declared to be severable. E. TRANSFER OF THE PROPERTY OR A BENEFICIAI. INTEREST IN BORROWER ~ , Uniform Covenant 17 of che Security Instrument is amended to read as follows: ~ ~ ~ 17. Tnnster of the Property or a Beneficial Interest ie Borro~ver. If ali or asy part of the Property or an iaterest i therein is sold or transferrcd (or if a beneficial interest in Borrower is sotd or aansfernd and Borrower is not a natural person ) without L.eader's prior written oonsent, Lender may, at Lender's opuon, declare all the sums secured by this ~ Security Instrument to be immediately due and payable. However, this option shall not be exercised by Lender if ; ~ I exercise is not authoriud by Federal law. ! i I i If Lender exercises such option to accelerate, Lender shall mait Borrower notice of aooelerauon in aooordance with i C paragraph l4 hereof. Such notice shall provide a period of not lcss than 30 days from the date the notice is mailed ' within which Borrower may pay the sums declared due. If Borrower fails to pay such sums prior to the expiration of , ` such period. Lender may, wichout further notice or demand on Borrower, invoke any remedies permitted by ~ paragraph 18 hereof. Notwithstanding a saie or transfer, Borrower will oontinue to be obligated under the Note and this Security tnstrument unless Lender has released Borrower in writing. F. LOAN CHARGES ~ If the loan secured by the Securiry Inswment is subj~ct to a law which sets maximum loan charges, and that law is ~ finally incerpreted so that the interest or other loan charges oollected or to be oollected in conntctioa with the loan ~ exceed permitted limits, then: (1) any such loan charge shall be reduced by the amount necessary to redua the charge to the permitted limit; and ( 2) any sums already collected from Borrower which exceeded permitted limits will be refunded to Borcower. Lender may choose to make this refund by reducing the prinapai owcd under the Note or by making a direct payment to Banower. If a refund reduces principal, the reduction will be treated as a partial ~ prepayment under the Note. In Vh'irMESS WHEZEOP, Borrower has executed t6is Adjustabie Rate Rider. ~ 3 9 ~ 34 ~ ~l}1.. 2 - . ................................(Seal) ' F. t.~;_-, Paul lfiras , Jr. -eorrowe~ i F'LE ~~F ti' ' ' . ~ 5~f ~ t ti ~-i•.~' ~ Lt~.c ~t~i....~ .($t~) ~ CLE~'t• C1~r Louise . 'IYIY'ash -~'OM1K € ) SCSI ) 61'73~64 ~s pn abrn.~ anhl • d40 ~ pAGE ~ • . _ _ - - - - - ~ ~