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parag~aph. and in the event Bo~rowe~ shall make payment directly~ Borrower shall promplty furnish to Lender raxipts
evidencing such payments. Borrower shall promptly discharge any lion which has priority over this Security
Instrument; provided. that Borrower shall not be required to discharge any such lien su long as Borrower: (a) shall
agree in writing to the payment of the obligation secured by such lien in a manner acceptable to Lender; (b) shall io
good faith contest such lien by, or defend against enforcement of such lien in, legai procoedings which in the opinion of
l.ender operatc to prevent the enforcement of the lien or forfeiture of the Property or any part thereof; or (c) shall •
secure from the holder of' such lie~ an agreement in a form satisfactory" to Lender subordinaling such lien to this
Security I~strument.
lf Lender determines that all or any parl of 1he Property is subject to a lien which may attain a priority over this
Security lnstrument. l.ender shall send Borrower notice identifying such lien. Borrower shall satisfy such lien or take s
one or more of the actions set forth above within ten days of the giving of notice.
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G NOTICE . #
Unii'orm Covenant 14 of the Security Instrument is amended to read as follows: ;
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14. notice. Except for any notice required under applicable law to be given in another manner~ (a) any notice to ~
Borrower provided for in this Security lnstrumenl shall be giverr by delivering it or by mailing it by first class mail
dddressed to Borrower at the Property Address or at such other address as Borrowe~ may designated by notice to .
Lender as provided herein, and (li) any notice to Lender shall be given by first class mail to Lender's address stated
herein or to such other address as Lender may designated by notice to Borrower as provided herein. Any notice
provided for in this Security Instrument shall be deemed to have besn given to Borrower or Lender when given in the
manner designated hercin. .
D. UNIFORI~t SECURITY iNSTRUMENT; COV£RNING LAW; SEVERABILITY
Uniform Covenant I~ af the Security Instrumcnt is amended to read as follows:
15. Uniform Securitv lastrument; Goreriag I.s~w; Sererability. This form of Security lnstrument combines uniform
covenants for national use and non-uniform covenants with limited variations by jurisdiction 1o constitute a uniform
securily instrument covering real properry. This Securiry Instrument shall be governed by federai law and the law of
the jurisdiction in which the Property is located. In the event that any provision or clause of this Security Instrument or {
the Note conilicts with applicable law. such conflict shali not affect other provisions of this Security lnstrument or the
Note which can be given effect without the contlicting provision, and to this end the provisions of this Security
Instrument and the Note are deciared to be severable.
E. TRANSFER OF THE PROPERTY OR A BENEFICIAL 1NTEREST IN BORROWER
Uniform Covenant 17 of the Security Instrument is amended to read as follows: ' ~
17. TrAnsfer of the Property or s~ Beneficial Interest in Borrower. If all or any part of the Property or an interest therein ~
is sold or transferred (~r if a beneficial interest in Bortower is sold or transferred and Borrower is not a natural person) .
without Lender's prior written consent; Lender may, at Lender's option, declare all the sums secured by this Security
Instrument to be immediately due and payable. However, this option shall not be exercised by Lender if exercise is not
authorized by Federal law. ~
If Lender exercises such option to aceelerate, Lender shall mail Borrower notice of acceleration in accordance 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 Borrower may pay the sums declared due. If Borrower fails to pay such sums prior to the expiration of
~ such period. Lender may, without furthet notice or demand on Borrower, invoke any remedies permitted by
~ paragraph 18 hereof.
~ F. COVENANT DELETED
~ Non-Uniform Covenant 21 of the Security Instrument ("Future Ad~ances") is deleted_
G. LOAN CHARGES
If the loan sec~red by the Security Instrument is subject to a law which sets maximum loan charges, and that law is
finally interpreted so that the interest or other loan charges colleeted or to be collected in connection with the loan
excced permitted limits, then: (1) any such loan charge shall be reduced by the amount necessary to reduce the charge
to the permitted limit; and (2) any sums already collected from Borrower which exceeded permitted limits will be
refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by
making a direct payment 1o Borrower. If a refund reduces principal. the reduction will be treated as a partial
prepayment under the Note.
~ H. I.EG[SLATION -
~ If, after the date hereof, enactment or expiration of applicable laws have the etfect either of rendering the provisions of
~ the Note, the Security Instrument or this Adjustable Rate Rider (other than this paragraph H) unenforceable
~ according to their terms, or all or any part of the sums secured hereby uncollectable, as otherwise provided in the
~ Security Insirument and this Adjustable Rate Rider. or of diminishing the value of Lender's security, then Lender. at
r Lender's option, may declare all sums secured by the Security instrument to be immediately due and payable.
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~ M WITNESS WHEREOF, Borrower has executed this Adjustable Rate Rider. '
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p ~,~119 A10 ~9 PAUL 1ii. YNN -eorrowu
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~ FILEG A •:i : : '=U ~1 '
~ ROGER Ptl; F RY L M. FLYYiN -Borrower
ST. LUCI~ CuU!,?'r. FL.
~ (Seal)
~~f (]a~ -Borrowet
. . - t ye,~ ~o (Sign Original OnlYl
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