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DUE-ON•TRANSFER RIDEIt
Notioe: T61s rlder sdds a pro~isioo to t6e Security Instrumeat allowtag the I.eader to r+equire
r~epsya~ent ot t6e Note in full upon trsoster o! t6e p~operty.
Thia Duo-Oo-Traoafer Rider is made thia . AUGUST . . . . . . . . . . . day of 30TH. . . . . . . . , 19 . 8~ . . aad ia
inco~porated into aad shall be deemed w amead and supplement the Mortgage, Deed of Tn~st, or Deed to Secun Debt (the
••Security Instrument") of the aame date given by the undersigned (the ••Borrower") to sccun Bomowers Note W
HARBOR FEDERAL SAVIIVGS AND LOAN ASSOCIATION (the "L,ende~') of the aame date (the "Note")
and covering the property described in the Security Iaswmeat and located a~
708 GRANDV 1 EV BLVD FORT P 1 ERCE, FL. ~~4~0
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(Property Address)
AMENDED COVENAM. In addition to the covenants and agreements made in the Security Instrument. Borrower
and I.ender further covenant and agroe as follows:
A. TRANSFER OFTHE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER
Uniform Covrnant 16 of the Security Instrument is amended to read as follows:
16. Tra~ster o! t6e Property or a Beneflcial Iaterest !n Bormwer. If all or any part of the Property or an interest therein
is sold or transferred by Borrower (or if a bene6cial interest in 8orrower is sold or transferral and Borrower is not a natural
person or persons but is a corporation. partnership. trust or other legal entity) without Lender's prior writtrn consent.
~xcluding (a) the creation of a lien or encumbrance subordinate to this Security Iristrument which does not rclate to a
transfer of rights of occupancy in the property. (b) the creation of s purchase money socurity interest for household
applianoes. (c) a transfer- by devise, descent or by operation of law upon the death of a joint tenant or (d) the grant of any
leasehold intenst of three years or less not containing an option to purchase, Lender may. at Lender's option, declare all
the sums socurod by this Security Instrument to be immodiately due and psyable.
If Lender exercises such option to aocelerate, Lender shall mail Borrower notice of acceleration in accordance with
paragraph 12 heroof. Such notice shall provide a period of not less tha~ 30 days from the date the notice is mailed within
which Borrower may pay the sums declared due. If Bonower fails to pay such sums prior to the expiration of such period.
Lender may. without further notice or demand on Bonower. invoke any remedies permitted by paragraph 17 heroof.
Lender may consent to a sale or transfer if (1) Borrower causes to be submitted to Lender information roquirod by Lender ~
to evaluate the transferee as if a new loan were being made to the transferee; (2) Lender reasonably determines that
Lender's socurity will not be impai~ed and that the risk of a breach of any covenant or agreement in this Security
Instrument is acxeptable; (3) interest will be payable on the sums secured by this Security Instrument at a rate ac~ceptable to
Lender; (4) changex in the terms of the Note and this Security Instrument required by Lender are made. including. for
e~ample. periodic adjustment in the interest rate, a ditFerent final payment date for the loan, and addition of unpaid interest
to principal; and (S) the transferee signs an assumption agrcement that is acceptable to Lender and that obligates the
transferee to kcep all the piomises and agreements made in the Note and in this Security Instrument, as modified if
li requirod by Lender. To the extent permitted by applicable law, Lender also may charge a reasonable fee as a condition to
L.ender s consent to any sale or transfer.
Borcower will continue to be obligated under the Note and this Security Instrument unless Lender releases Borrower in
E writin8-
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IN W~TNESS WHEREOF. Borrow•er has executed this Due-On-Transfer Rider.
---•------------------------•-•--......-------•---...........---......._....................(Seal)
B A ORD L JEFFERSON -Borrowe?
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NANCY /C JEFFER -Borrower
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~ ~ DU~ON-TRANSFER RIDER-Second Mortgage-4/82-FNMA UNIFORM INSTRUMENT-
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2/83 - LN ~53A
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