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Home My WebLink About0914 jurisdiction in ahicb tbe Property ia located. la the event that any provision or clause of this Security Instrument or the Note oonflicts with applicabk bw. auch oonaict shali not ait'ect other provisions of this Socurity Instrumrnt or the Note which can be given effcct without the oonAicting pmvision, and to this end the provisiocis of this Socurity Instrument and the Note arc doclarod to be severabla E. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTERES'I' IN BORROWER _ Uniform Coveaant 17 of the Security lnstniment is ameAdod to read as follows: ~ Transfer of the Pro~aty or a BeneBdal Interest In Horrower. If all or any p~rt of the Property or an interest therein is sold or ttansfemod (or if a bea~6cial interest ia Homower is sold or transferrod and Borrower is not a natural person) without I.endu's prior wcittrn oonseat, I.ender may. at I.ender's option, declare ap the sums socured by this Security Instrument to be immodiately due aad payaWe. However, this option sh811 nut be cacercisod by I.ender if exercise is prohibitod by Federal law as of the date of this Socurity Inswment. ~ If I.eader eacercises such option to aoalerate. Lender shall mail Bornower notice of acxeleration in aooordance with paragraph 14 her~eof. Such notice sLall provide a period of not less than 30 days from the date the notice is mailod within which Hompwer may pay the swns declar~ed due. If Borrewer fails to gay such sums prior to the expiration of such period, I.ender may, without further notive or demand on Bornower. invoke any remodies permitted by paragraph 18 hereof. Notwithstanding a sale or transfer. Bornower wiU continue to be obligatod under the Note and this Security Instrument unless I,ender has releasod Horrower in writing. F. COVENANT DELETED Non-Uniform Covenaut 21 of the Socwity Instrument ("Future Advances") is deleted. G. LOAN CHARGES If the loan socarod by the Security Instrument is subjoct to a law wluch sets maximum loan charges, and that law is 6nally interpretod so that the interest or other loan charges oolloctod or to be collected in connectioa with the loan excood permitted limits. then: (1) any such loan charge shaU be roducxd by the aa?ount aocessary to reducx the charge to the . permitted limits; and (2) any sums already collocted from Horrower which excceded permitted limits wiil be refunded to Borrower. Leader may choose to make this refund by roducing the principal owed under the Note or by making a direct payment to Borrower. If a nfund reduces principal, tht reduction will be treatod as a partial prepaymrnt under the Note. H. LEGISLATION - If, after the date heroof, enactment or expiration of applicable laws have the effect either of rendering tbe provisions of the Note, the Security Instrument or this Graduated Payment Rider (other than this paragraph I~ unenforceable acxording to their terms, or all or any part of the sums secured hereby uncollxtable, as otherwise provided in the Security Instrument and this Graduatod Payment Rider. or of diminishing the value of Lender's security, then Lender, at Lender's option, may declare all sums securod by the Socurity Instrument to be immediately due and payable. Itv W~Tt+tESS WHExEO~. Bornower has executed this Graduated Paytnent Rider. `I:~GiT__ . ~ .(Seal) i AAC RA JR. -Borrower i ~ . .(Seal) ` BY L . RA -Borra~ver k ~ ~ . cM' ~ .(~7 .~l) 'oV~ (SiBn ~/%Bi/1a[ OMy~ ~ t ~ : ~ ~ - ~ s r ~ . ~ ~ ~ « - ~ - : ? aaflK 4~ P~cE 914 ~ GPR-PLAN A-1 9/83 (page 3 of 3~eges! F ~ ~ ~ : _ ~ - s r~='' '~r r~ ~ _