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Home My WebLink About0975 . ~ 1 G. NOrI'ICE Unifam Cavenaat 14 of tl~e Security Inatruaaeat i~ sma~ded to read as follo~: 14. Notia. P.~oq~t for aay aotia required uuder applicabk IaM to be aivea ia another manner. (a) any notice to . Botm~vet pmvided for in thit Sacurity In:trna~ent ahaU be sivea by deJiveriaa it or by mailing it by 6rst claaa mail addreaed W Borrower at the Propaty Addrat or st suc6 other addnss u Harro~rer rnay daignste by notice to I,ender as provided ha~w~. aad (b) any notia to La~der shaU be give~ by Rnt cla:a mail to L,ender'a address atated herein ~r to such otber sddroa a~ Lender msy deaianate by notioe to Borrower ss providod herein. Aay notioe provided for in thia Security Iaawmeat ahall be deaned w have been siven to HormMer or I.ender wrba~ given ia the maaner deaigaated herein. ~ D. UNIFORM S~CIJRITY DVSTRUMEIVT; GO~'ERNING LAW; S~ ~ ILiTY Uniform Coveoaat 13 o~the Security Iaunun~eat ia ameaded w rad aa follo~ra: iS. U~ito~ Seauitp Ldrt~~ Go~ Lw; Se~uaWUq?. '~'his form of Security Iastrnmrnt oombines uniform oovaiants for aational uae aud noa-uniform covenaata w~ith limited vuistions by jurisdiction to constitute a wuform aocwity u~atrummt oovcring ra! property. Thia Sacurity Instrumeat ahall be governed by federal law and the law of the jur~on in w?bich the Property is located. In tbe eva~t that any proviaion or clawae of this Security Instrument or the Note oonsicts w?it6 applicxbk law. soch co~n8ict ahall not a~"ect other pmvisions of this Secwity Instrument or the Note ~?hicb can be Sivea dfect w?ithout t6e ooaAicting pmvision. snd to thia end the provisions of this Security l~strument and the Note are declared to be aeverable. & TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Uniform Covmant 17 of the Socwity Instnima~t is amrnded to rad ss followa: 'ha~der ot tk Pro~a~r ot a BaeflcW Lte~at I~ Horrower. If all or any part of tbe Property or au intereat theran is aold or tnnderred (ot if s beae8cial interest in Homower ia aold or transf~erred and Bomow~er ia not a natural person) wnthout Lmda's prior writtea consent, Lender may. at Laider's option. declare all the awns securod by tLis Security ' Iaawmeat W be imm~diatcly due u~ paysbk. However. this option shall not be eacerciaed by I,eader if raiercise is not suthorized by Federal law. ~ ff L~ader e,~a~ciaes wch option to sooekrate, I,ender sball mail Borrower notive of aoceleration in aooordanoe with paragraph 14 hec+~eof Suc6 notia ahall provide a period of not leas than 30 days from the date the notioe is mailed within ahicL Bon+wve~r may p~y the aua~ declarad doe. If Bornower fails to p~y auch sums prior to the expiration ot such period, I.eader may, ~vithout further notice or demand on Bomo~ver, invoke any reaiedies permittod by P~S~Ph 18 hcroof. Nohvithstanding i aak or transfa, Borrower w?ill oontinue to be obligated under the Note and this Security Inatrument unless La~der has rrlea~ed Borrnwer in ~vriting. F DOVENANT DELEPED Non•Uniform Covenant 21 of the Sxurity Instrument ("Futun Advances") ia deleted. G. LOAN CNARGES ~ If the ban aecured by the Security Instrument is subject to a law which sets maximum loaa charges, and that law is finally interpretod ao that the intueat or other Man charges oolloctod or to oe oollccted in connection with the lo~a excoed ~ permitted limits, thea: (1) any auc6 loa~n charge shall be reducxd by the amount nooessary to rcd~xx the charge to the ~ permitted limits; and (2) any s~ma alra~dy «wlllected from Homower which eaccoeded permittod limita will be refimdod to E Bomo~ver. I,ender may choae to malce this rdund by reducing the principal owod under the Note or by making a diroct payment w Borno~var. ff a refund reduoes principat, the roducti~ will be treatal as a partial prepayment under the Nota H. LEGLSLATION ~ If, afta the date haeof, aiactment or ea~piration of applicabk lawa have the effoct either of rendtring the pmvisions of the ~ Not~, t6e Sec,vrity Instr~mant or this Gradnated Payment Rider (other than tLis P~B~Ph I~ unenforceabk sa:ording to their tains, or all or any part of the sums socured hereby uncollectable, aa otherwiae provided in the Secwity Instrument and thi: Grsduated Payment Rider. or of diminisWng the value of I.ender's socwity, then Lender. at Lender's option, may . deciue all sums aecurod by the Ser.uricy instn~meuc to bo immed;atdy due a~xf payabk. IIV Wm~tESS WHEREOF, Borrower has executed thia Graduatod Payment Rider. X ~~..~,y, ~ Dermis A. Gray .~,~1111ef F~na J. Gra Y -Bor.owe. ~ . ~ ~ ~ -Borrower x lsi~ ~r1 ' ~ A°R i 6 P!~ ~t yQ ~ ~ s~AiZ~a~ Fr:.tc ~r~r ~j ~c~~; _ ~ s~.~_cc~r a,~~•,.:~'a kc,~~~~ ~~~,~-i:: ~ ' CCEni( ~;'rr•~IT f~ ;.r' ''•rc•~+•:~:;~• ~ ~ . a~K 4~'.9 ~ 974 ~ , _ _ _ _ _ `