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Tl~s Nocs HoWer Miil mail ar ddivor co ae a ~otioe arany cLsn~e~ i~ the smoone otmy moachlp paya~ea~ betora the '
eQecthrs dsta d anp c~. 'lUe awioa ~ip include isformatioa required b~r bw to be pvea ~ae and sbo tl~e titk and
tdeQi~o~e Ana~ber ds pet~on wbo wiU aa~~?u aay quatiou 1 msy have reprdias tbe notke."
B. 47~ARGS'4; I1B1VS
UaJam Oo~uat 4af tbe Sxurity In~rua~ent ~ anKaded to rea~d as fdlows:
4. C~C I.kr. Bo~ro~?v shaU pay a11 ta~s. saasmptb. a?d otbar char~a. itna snd i~apaitioas attribnabla to the ,
Propa~tr Mhich may aaaia a prioric~? ova Uu~ Sec~uic~r Ia:auaaea~,,wd 1a:d~oW paya~eua o~ ~round ~na. itsay. in ebe _
msn~a provided under parsiraph 2 bereof or. if aot p~id in wcb n~naet. b~? Hotr~o~ra makint Inyaaent, wbea dne.
directly to the paya ther~of. Borr~rer ~hall p~+omptlp fWrnal~ W Lender aU notioa of anaunts due under tba QsrajrsPh.
snd in tbe eva~ Bprnow?er sha11 ma1~e P~Ya~nt dina~t~r. Botro~ra shdl p~cmptly fi~rnisb to La~der reoeil~ ~6
wch paymenb. Bon~o~ar shall promptlY dqd~srse any tka w?hicb ha ptjority over thb Secnritp Inttrumeat; Provided,
that Bocrower shaU not be required to di~chsr6c any ~ lia~ ~a? la~ a~ Horr~ower. (a) shaU saree in w?ritina to tbe
Pzymeac of the obiipcioa aecured by auch lien ia s oaaana aooeptabk co I.tnder; (b) ahall in 6ood faith contest such lien 1
by. ot dd'ead api~t enforoana~t of wch liai ~n. k~a! Proceedin~t ~?hich in the opinioa of Lendes oporate to pre.wa~t the ~
enforcane4t d Uu lia~ or forfeitun of tbe Propertr or any p~rt tl~s+eof; or (c) :ball ~ecure trom the holder ot sucb lien an ~
aarameat in a fam ~ti:factory to I.ender wbordin~tina such lia~ to tbjs Security [,~swmen~ ~
If La~der ddern~ina tbat all or any put of the Property i~ wbject to ~ lia~ which may ~ttsin a priority over thi: Socurity
Instrument. i.ender shall sa~d Borrower notia identifyina such liea. Botr+o~ver ~all aatisfy such lien ar take one or more of
the actio~s aet forth above within trn da~ of tbe aivina of notioG -
G NO'i'ICE .
Uniform Coveaant 14 of the Sa:urity I~tnimait ia amended to r+ad ss EolMws:
I4. Noda. E~tapt for any notic.e tr+qwred under spplicabk !aw to be aiveA in anot~r manner. (i) any notKx to
Bon~ower proyided for in this Security Inatrument siWl be given by ddivering it or by mailins it by Srat class mail .
sddrased w Borrower at the Property Addras or st sach otber addr~eas u Borrowrer may daignatc bp aotioe to Lsnder as
provided fierein, and (b) any notioe to I~sndtr shali be siven by 6rat cla:s mail to Lender's ~dr+as atsted herein or to anch
other sddras ss I.euder may dcsignate by notioe to Borrowur as proyidea hennein: My notice provided for in this Security
lnstrument s6s11 brdamed w have been ~ivea to Borrowu ot Ltnda~ ~rba~ giva? in the manner desi6nated herein.
D. tJ1VIP'ORM SECI)RITY INSTRUMENi; COVERIVIIVG LAW; SEVERABILITY
UnJorm Cove~ant 1S otthe Security Instrnmrnt is amended to read as foUowa:
1S. Unitons Se~lq? I~ea~ Go~isi Lw, S~aabilib• This form of Security InaWment oanbines uniform
c~ovenants for nationsl aae and noa-unifoim oovenants ~rith Wnited varistions by juriadiction to ca~stitnte a uniform
socurity in~trnmaat caverin~ ral pnaperty. 'rhis Security I~strumeet shall be 6overned by federal Iaw and tbe bw of' the
jurisdiction ia w1~5 the Property is located. Ia the eveat tl~at•any pro~?ision or cLuae otth~ Security Instru:nait or the ~
Nae vonAiccs w?ith a~licabk bw. such oonflicc stiall not alfect aher ~ ot tbis Sec~rity ir~scramenc or Uk Note (
which csn be g'~ven eA'ect ~rithout the oonAictins proviaiou. snd to this end the provi:iom of thn S~curity Instn~ment and
the Note sn doclar~ed to be sevaabk. -
E. TRANSFER OF THE PROPERTY OR A BENEFiCIAL DV'PEREST IN BORROWER
Unifarm Cavenant 17 of the Security Instrument is ama~ded to read as fotloars:
l7. rraasrer ~ N~e Pro~erty or ~ BaxAd.t Iataat i~ Borrewet. tralt or ~u,y parc of tlu rropercy or u, int«~ac thaeu,
is sold or tranaferred (or J a ba~dicial inter~at in Borrow?Cr a sold or tr~n:ferred and Borrrnver is not a aatunt person)
~ without Lendds prior writtea eofsent, I.ender may. st I.ender's op?tioa. declar+e dl the snms aecnred by thia Security
lnstrument to be immediately due and payabk. However, thu optioa shaU uot be exacised by L,ender J eacen~ae is not
authoriud by Federal tsw.
.If L.ender eacercisea such optian to aooelaate. I~enda shalt m~il Bozro~ve.r notia o~ aoal~n?tion in socardana witb
paragrsph 14 h~eof. Such notioe shall provide a period of aot ku thac? 30 daya froan the dite the notioe is mailed w"sthin
which 8orrower may pay the sums declsrod due. It Horm~ver fails to p~y wch wn~s prior to the acpiration of such period.
i.ender may. without further notiee ot demand oa Borro~ver, invoke any ranodits petmittal by psragraph 18 heraof:
F. COVENANI' DELETED
" Non-Unitorm Covenant 21 of the Security Instruraent ("Future Advanca'~ is deletod. .
G. IAAN CHARGES
If the loan securod by the Security lnstnuaent is subject to a law? w?hich sets taiucimum lan charaes, snd tbat law ia ~nally
interpntcd w that tbe interat or otber foan chugea oollectod or to be oollectod in c~onnection with the ban eaccad
permitted timits. thea: (1) any such losn chatae shsU be redncod b~r tbe amount ~ary to redutx the charae to the
, ~itted !iu-at; and (2) s~y sur?u ~t:e~dy valiected traa 8orrvw~ wizich eacc~eded pernn~tted iimiu w~11 be r~funded to
~ Borroaer. I.ender may choo~e to make thi~ refund by reducina the principt! o~ved under tbe Note or by makins a direct
psyment to Borrower. If a refund reduca prinapal. the reduction ~?iU be trated a a putial Prep~syment nnder the Note.
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H. LEGISLATION
~j If. after the date hereof. enactment or expration o~appticabk lawf lave the d~ect dt1Kr of renderina the provtsions of the
~ Note. the Saurity Iiutrument ar this Adjusubk Rste Rider (other than this paraar'aph H) unenforceabk aooording to
their terms. or all or anr part of the wms secund hereby uncallectsble. as otherwise provided in the Securiry Instrumeat
snd this Adjusiabk Rste Rider. or d diminishina the vslue of La~da's security. then.i.ender. at Lender's optio~, may
doclare all sums secured by tfie Secnrity Instrnment to be immcdiatdy dve snd paysble. ~
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