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faitb ooutat such lien by, or defead asain:t eaforament ot wdi lien in, le=al pt~ooeedia~ ~hid~ ie tbe opioion of
Leoder operate to preveat the eaforoeaxnt of the lien or forfeiture of tfie Property or any put tt~ereoi; or (c) :hal!
:ec.vrc from ti~e hotder of auch lien an agrceaient in a form utid'ictory to L,ender aubord"uutin~ auch tiea to this ~
Security Inswmea~ . ~
lf Lender detenaines that all or any put oi' the Property ~ subjeet to a lien whid~ may attaia a.priority over ttti~
Security Inawmeat, Lender shalf ~ive Bomo~ver a aotia idendfyin~ such lien. Borro~ver ahali aatisty sudi lien or t~lce
one or morc of the actions set forth above within ten daya of the Qivin~ of the notia.
C. NOTICL
Uaiform Covenaat 14 of the Securiry lastrument is amended to read as follows:
14. Notica Exapt for aay notia required under applicable law to be givea in another manner, (a) any notioe to
Borrower provided for in this Security lastrument shall be givea by delivering it or by mailiag it by Rrst class mail to
Borrower at the Propcrty Address or at such other add~+ess as Bornower may designate by notia to Le~der as provided
hercin, and (b) any qotia to Lender shall be given by Rrst dass mail to Lender's address stated he~in or to such
other address as Lender may desigaate by notice to 8omower a~i p~+ovided her~ein. Any notice provid~d for in this
Security Instrument shall be deemed to have been givea to Bomower or Lender when given in the manner designated
herein. ~ -
D. UNIFORM SECURITY lNSTRUMBIVT; GOVERNINC LAW; SEVERABILITY
Uniform Covenant 1 S of the Security Instrument is ameaded to read as follows:
1S. Ueifora~ Secu~ity Iastrument: Govera~g l.aw; Se~erability. 'This form of Security Inswment oombines unifor~n
oovenants for national use aad aon-uniform ooveaanes with limited variations by jurisdiction to oonsatute a uniform
security iastrument oovering real property. This Securiry Inswmeat shall be governed by Federal law and the law of
the jurisdiction in which the Property is located. In the event that any provision or dause of this Security Inswment
or the Note oonflicts with applicable law, such oonflict shall not affect other provisions of this Securiry Inswmeat or
the Note which can be given eRect without the o~nflicting provision. and to this end tl~e provisions of this Security
Inswment and the Note are declared to be severable.
E TRANSFER OF THE PROPERTY OR A BENEFICIAL INTERFST IN BORROWER
Uniform Covenant 17 of the Securiry Instrument is amended co read as follows: _
17. Transfer ot the Property or a Beaeficial Interest ia 8orrower. If all or aay part of the Prop~rty or an interest
, therein is sold or transfemed (or if a beneficial inte~+est in Borrower is sold or transfemed and Bornower is not a natural
' persoa) without Lender's prior written oonsent, Leader may, at Lender's option, declare all the sums securcd by this
! Serurity Inswment to be immediately due and payable. However, this opuon shall not be exe~+cised by Lender if
exercise is aot authorized by Federal law.
~ If Leader eaercises such option to aooelerate, Lender shall maii Bornuwer notice of aooeleration in aooordance with
~ paragraph 14 hereof. Such notice shall provide a period of not less than 30 days from the date the noaa is mailed
within.which Borrower may pay the sums declarcd due. If Bornower tails to pay such sums prior to the expiration of
such period, l.ender may, without further aotice or demand oa Borrower, invoke any cemedies permitted by
paragraph 18 hereof.
Notwithstanding a sale or vansfer, Bornower will oontinue to be obligated under the Note and this Security
Inswmeat unless L.ender has released Borrower in writing.
F. IAAN CHARGES
If the loan secured by the Security Instrument is subject to a law which sets mauimum loan charges, and that law is
finally intapreted so that the interest or other loan charges oollected or to be oollected in oonnection with the loan
eaaed permitted limits, then: ( i) any such loan charge shall be reduad by the amount neoessary to redu~e the
charge to the permitted limit; aad (2) any sums alnady coAccted fmm Bomower wWch exoaded permitted limits wfll
be refunded w Bornuwer. Lender may choose to make this rcfund by r~educing the principal owed under the Note or
~ by malcing a direct payment to Borrower. If a refund reduas principal, the reduction will be treated as a partial
~ prepayment uader the Note.
~ In WrrNESS W~e~o~, Borrower has executed t6~s Adjustabk Rate Rider.
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~ StP Px A D L JEFfERSON
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, ~ NANCY C JEFFERSON
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