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Home My WebLink About0988 J • I,r_~ ~ q l • ~ ll~, ~ fluth o~nte:t wch liea by. or derend ajaiau enforoea~ent or wch lien in. kZa! prooeediap Mhich iu tba opinioa or Leuder opeate a preveat the eaforament of ti~e liea or fodeiturc of the Property or aay put tbe~+eot; or (c) ~ali sa:ure firom ~be holde~ of :uch liea aa sp~eement ia a fona atuf'ictory ~ Lender wbordinatiaj wch tien to th~ Security IaacuaKn~ . !f I.eader determiaes th~t all o~ any put of the Property ~ wbjoct to a lien whidi may atuin a prarity over t!~ Security l~trument, Leader ~all ~ive 8omower a notia ideatifjrin~:ucl~ lien. Bornu~ver:haU utisfy wch liea or uke oae or more of the actior~ aet forth above within tea da~ of tbe pvia~ of the notia. C. NOTICL Uaiform Covenant 14 of ttu Security Inawment ia ameaded to read as follows: 14. Notka Facapc for any noria rcquired under applicable iaw to 6e given in anocher maaaer, ( a) any notioe to Bomower provided for in this Security Iastrumeat shaq be Qiven by delivering it or by mailin~ it by first dass mail to Bornower at thc Pmperty Address or at such other addrcss as Bornower may desi~nate by aotia to Lender as provided hercin. and ( b) any notia to Leader shali be given by first class maii to Ltnder's address stated he~+ein or to such other address as Lender may designate by noda to Borc~ower as provided henin. My notia provided for in this Securiry lnstrument shall be deemed to have been given to Bornower or Lender when given in the maaner designated herein. - D. UNIFORM SECURITY iNSTRUMENT; COVERNING t.AW; SEVERABILITY Uniform Covenant 1 S of the Securiry Instrument is amended to read as follows: iS. Uoiform Security I~trumeat; Cmernins Lw; Severability. 'I'his form of Security Inatrument oombines uniform oovenants for nadonai use and non-uniform oovenaats with limited variations by jurisdicxion to ooastitute a uniform security instrument oovering real property. This Security Instrument 'shall be govenied by Federal laa and the law of the jurisdiction in which the Property is located. In the event that any provision or clause of this Security Inswment or the Note eonflicts with applicable law, such oonftict shall aot a6ect other provisions of this Security Iaswmeat or che Note which can be givea e6ect without the oonflicting provisan, and to t6is ead the provisioas of this Savrity Instrument and the Note are declarrd to be severable. E TRANSFER OF THE PROPERTY OR A BBNEFICIAL IN7EREST IN BORROWER . • Uniform Covenant 17 of the Security lnstrument is amended to read as follows: ' 17. Transfer of t6e Properry or a Beneficial loterest iu Borrower. If ali or any part of the Property or an interest therein is sold or traasferred (or if a beneficial interat in Bomower is sold or transferred and Borrower is not a natural person ) without Leader's prior written vonseat, Leader may, at Lender's option, dedare all the sums securcd by this ! Security Inswment to be immedistely due and payable. However, this opdon ~shall not be eaerased by Lender if j esercise is not authorized by Fed~ral law. ~ If Lender eaercises such option to aocelerate, L.ender shall mail Borrower notioe of aooeleration in aooordana with paragraph 14 hereof. Such notice shall provide a period of not less than 30 days from the date the notice is mailed within which 8orrower may pay the sums declared due. If Bornower fails to pay such sums prior to the eapiration of such period, L.ender may, without further notice or demand on Bornower, iavoke any remedies permitted by paragraph 18 hereof. Notwithstanding a' sale or transfer, Borrower will ooatinue to be obligated under the Note and t6is Security Inswment unlus Lender has released Borrower in writing. F. LOAN CHARGES If the loan secured by- the Security Inswmeat is subject to a law which sets ma~cimum loan charges, and that law is finally interpreted so that the interest or other loan charges o~llected or to be oollected in oonnection with the loan exoad permitted timits, then: (1) any such ban charge shall be reduad by tl~e amount neoeasary to reduce the . charge to the permitted limit; and ( 2) any sums alneady ooUocted from Bornower w6ich eaooeded permitted limits will be rcfunded to Borrower. Lender may choose to mafce this refund by reducing the principal owed under the Note or . by making a direct payment to Bornower. If a rcfund reduoes principal, the reducxion will be treated as a partial pc+epayment under the Note. ~ IM WmrFSS W~oor, Borrower h~s esceut t6is ' tabk Rate . ~ . ~ . Seal ) Ri;che~rd C, R~asch, an unmarr d adul t "BOffO''"'" Seal ) -eorrow~ Seal ) -8onrowr ~sw~ ab~?~•? ~r~ ~ . . ~ ~418 n~ q ` • - _ ^ ~ -