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fiith aoateat such lien by, or defend s~aipst enforoemeat of wch liea in, k~al prooadin~t ~?hich in the opinion of
l,eader operate w p~+eveat the eaforaanent of the liea or forfeiturc of the Property or sny put tbereof; or (c) shall
secure from the Iwlder of sud~ lien an s~c~eeaxnt in a form utisfictory w Lende~ aubordiaatint such lien to thi:
Security In:trumea~
If Lender determines that aQ or any psn of the Property u subject to a lien ~??hich may attain a priority over thia
S~CUI'li~l IOSWf11tllt, L.CAdC~ SI1aQ ~IVC BOfibNt[ a QOtIOC Id~Ifh~I1D~ SIK~1 GtA. HornoMer shall aat~ty auch lien or uke
oae or aiore of the actions set forth above witlun ten days of the Qivin~ of cbe notia.
G NOTtCE
Uaitorm Covenant 14 of the Securiry [aswmen~ is ameaded to rcad as tollows: ~ '
14. Notka Exapt for any notia requircd uader applicable law to be given in another manner, ( a) any nopa to
Borrower provided for in this Securiry lnstrument shall be givea by deliveriag it or by mailing it by first dass mail to
Bornower at the Properry Addrcss or at such other addrcss as Borrower may designate by notia to l.eader as provided
hercin. and (b) any notia to Lender shall be given by first class mail to L.ender's address stated hec~ein or to such
other addrcs.s as Lender may desigaate by noda. to Bornower as provided hereia. My noaa provided for in this
Security Instrument shall be deemed to have been given to Bornower or Lender when given in the manner desigaated
fierein.
D. UN1FqRM SECURITY INSTRUMENT; GOVERNING I.AW; SEVERABILITY
Uniform Covenant 15 of the Security lnscrument is amended to read as follows:
1S. Uniform Security lastruseat; Governiag l.aw; Sevenbit~ty. This form of Security Instrument oombines uniform
oovenants for national use and non-uniform oovenants with limited variations by jurisdiction w oonstitute a uniform
security instrument o~vering real properry. This Security Instrumont shall be governed by Federal law and tlie law of
the jurisdictioa in which the Property is located. ln the event that any provisioa or clause of this Securiry Inswment
or the Noee oonflicts with applicable law, such o~nflict shall not aBect other provisions of this Security Iastrument or
the Note which can be given effect withouc 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 BENEFICIAL INTERFST IN BORROWER
Uniform Covenant 17 of the Security Instrument is amended to read as follows:
17. Tn~fer of the Property or a Beaeficial laterest ia Borrower. If alt or any part of the Property or an interest
therein is sold or transferred ( or if a beneficial iaterest in Borrower is sold or transfernd aad Bornower is not a natural
person ) without Lender's prior writtea vonsent, Lender may, at Lender's option, dedare all the sums secured by this
Securiry Instrument to be immediately due and payable. However, this option shall not be exercised by L.eader if
, exercise is not authorized by Federal law.
I
` If Lender exercises such opaon to aocelerate, Lender shall mail Borrower notia of aoaleradon in acoordanoe with
; paragraph 14 hercof. Such notice shail provide a period of not less thaa 30 days from the date the notia is mailed
; within which Borrower may pay the sums declared due. If Borrowcr fails to pay such sums prior to the eapiration of
~ such period, Lender may, without further notice or demand on Borrower, invoke any remedies permitted by
~ paragraph 18 hereof. ~
j Notwithstanding a sale or transfer, Bornower will ooncinue to be obligated under the Note and this Security
~ Inswment unless L.ender has released Borrower in writing.
~ F. IAAN CHARCES -
~ If the loan secured by the Security Instrument is subject to a law which sets mauimum loan charges, aad that law is F
~ fiaally interpreted so th~t the interest or other loan charges oollected or to be oollected in oonnection with the loan
~ exceed permitted Gmits. then: (~1) any such loan charg~ shall be reduad by the amount necessary to reduce the
charge to the permined limit; and ( 2) aay sums already oollected from 8orrower which exaceded permitted limits will _
~ be r+efuaded to Borrower. Lender may choose to make this refuad by reducing the principal owed under the Note or
~ by making a ditect payment to Borrower. If a refund rcduces principal, the reduction will be treated as a pactial
~ prepayment under the Note.
~ In Wrrrtess WxEt~, Borrower has executed this Adjustabk Rate Rider.
~ s~2zss ~
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~ ~ SEP ' ~ PH L~ 4~ RONALD P. GUIDEBECK -e«row.r
~~~~C ~kC ~t "G~•: i': ..4:f.t'...:.: .l .............................(SC81)
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`'r~~P ~ ~ CATHERINE M. ~6UI DEBECK
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