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Home My WebLink About0963 faith oontest such lien by, or defend a~ainst enforameat of such lien in, IeQal proceedinYs which ia the opinioa of Ltnder operate co prevent the enforament of the tien or forfeiturc of the Property or any pan thercof; or (c) shall ucurc from the holder of such lien an agreement in a form satisfactory to Lender subordinaan~ such lien to this Security lastrument. lf Lender dettrmines that all ~r any part of the Properry is subject to a lien which may attaia a prioriry over this Security Inswment, l.endcr shall give Borrower a nouce identifyiag such litn. Borroaer shall satisfy such lien or take , one or more of the actions set fonh above within ten days of the giving of the notia. ~ C. NOTICE Uniform Covenant t4 of the Security lnstrument is amended to read as follows: I 14. Notice. Except for any notice required under applicable !aw to be given in another manner, ( a) any notia to Borrower provided for in this Security lnswment shall be given by delivering it or by mailing it by firse class mail to ~'i Borrower at the Property Address or at such other address as Borrower may designate by notice to Lender as provided ~ herein, and ( b) any notice to Lender shall be given by first class mail to Lender's address stated herein or to such other address as Lender may designate by notice to Borrower as provided herein. Any notice provided for in this Security Instrument shall be deemed to have been given to Borrower or Lender when given in the manner designated herein. I i D. UNIFORM SECUR[TY 1NSTRUMENT; GOVERNING LAW; SEVERABILITY ' Uniform Covenant ! 5 of the Security Instrument is amended to read as follows: 1S. Unitorm Security Instrument; Goveming l.aw; Severability. This form of Security Instrument oombines uniform covenants for national use and non-uniform oovenants with limited variations by jurisdiction to oonstitute a uniform security instrument covering real property. This Security Instrument shatl be governed by Federal law and the law of the jurisdiction in which the Property is located. In the event that any provision or clause of this Security Instrument or the Note conflicts with applicable law, such conflict shalf not affect other provisions of this Security Instrument or the Note which can be given eflect without the conflicting provision, and to this end the provisions of this Security lnstrument and the Note are declared to be severable. E. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Uniform Covenant 17 of the Security Instrument is amended to read as follows: 17. TrAnsfer of the Property or a Beneficial lnterest in Borro~er. If all or any part of the Property or an interest I therein is sold or transferred ( or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person ) without Lender's prior written consent, Lender may, at Lender's option, declare all the sums secured by this j Security Instrument to be immediately due and payable. However, this option shall not be exercised by L.ender if i exercise is not authorized by Federal law. i ~ If Lender ezercises sucli option to accelerate, Lender shall mai) Borrower notice of acoeleration in acoordance with ~ paragraph 14 hereof. Such notice shall provide a period of not iess than 30 days from the date the notice is mailed within which Borrower may pay the sums declared due. If Bc~rrower fails to pay such sums prior to the expiration of such period, Lender may, without further notice or demand on 8orrower, invoke any remedies permitted by paragraph I8 hereof. Notwithstanding a sale or transfer, Borrower will continue to be obligated under the Note and this Security ~ Instrument unless l,ender has released Borrower in writing. ~ F. LOAN CHARGES If the loan stcured by the Security Instrument is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges oollected or to be collected in vonnection with the loan ~ ezceed permitte~ l~mits, then: (1) any such loan charge shall be reduced by the amount necessary to reduce the ~ charge to the permitted limit; and ( 2) any sums already oollected from Borrower which exceeded permitted limits will be refunded to Borrower. i.,ender may cnoose co make this refund by reducing the principaf owed under the Note or ~ by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment under the Note. In Wrr*tESS WHEtEOF, Sorro~er has executed this Adjustable Rate Rider. i ~ 22 I4~ I1~ I ~ _ ~ . - Seal ) . ..........................................'-eonower ~~~an C. ~ i~ ola ~ ~'tl~'~ii • n • ' .t. ; r eyC r. , ..~J~J~~~!.~!~.eS~!. . ~ ~+i u[ P ~-r.,, ..1..1.....~!.~(~. .~~Ca~~ ~ r . . ~ ~ ~ ..~~f'C t iF..;t.' ~ ~ Pamel a A. Di Nol a -eoROwe. ~ ' Scal ) -8orrower CHELSEA TITLE ~ (S/Qn O~lpl~la! Only) cuaRarvnr co, ~ic 4Q9 P~E 9~ . ~ , . ~ _ ~ . ~ . _ - _ - w ~y: , , - ~