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HomeMy WebLinkAbout0915 ~ . . . . • ~ • ~ ~ _ , . 17. Transfer of the Pro~erty or a Benefic3al Interest in Borrower. If all or a?ny part of the Property or an interest therein is sold or transferred (or if a beneficial interest in BorYOaex is sold or transferred and Borrower is not a natural pezson) Withotit Lender's prior frritten consent, Lender may, at Lender's option, declare all the swns secured by this Security.Instrument to be imaedi- . ately 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 accelerate, Lender shall mafl Borrower notice of acceleration in accordance with para[graph 14 hexeof. Such notice shall provide a period of not less than 30 days from the date the~notic~~is . mailed within which Borrower may pay the sums declared due. If Borrower fai2s to pay such sums prior to the expiration of such period, Lender may, without further notice or demand on Borrower, invoke any remedies permitted by para- graph 18 hereof. (F) COVENANT DELEPED Non-Uniform Covenant 21 of the Security~Instrument ("~iture Advances") is deleted. (G) LOAN CHARGES If the loan secured.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 collected or to be collected in connection with the loan exceed pernitted limits, then: (1) any such loan charge shall be reduced by the aniount necessary to reduce the charqe to the permitted liunit= and (2) any sums _ already collected from Borrower which exceeded permitted limits will be re- funded to Borrower. Lender may choose to make this refund l~y reducinq the principal owed under the Note or by making a direct payment to Borrawer. If a refund reduces principal,-the reduction will be treated as a partial prepayment under the Note. (H) LEGISLATION If, after the date hereof, enactment or expiration of applicable laws have the effect either of rendering the provisions of the Note, the Security Instrument or this Adjustable Rate Rider tother than this paragraph H) unenforceable. according to their ters+s, or all or any part of the sums secured hereby uncol- .lectable, as otherwise provided in the Security instrument and this Adjustable Rate Rider, or of diminishing the value of Lender's secur~ty, then Lendeac, at i LendeX's option, may declare all sums secured by the Security Instrument to be I • ' immediately due and payable. ~ ~ I ~ IN WZTNESS WHEREOF, Borrower has executed this Adjustable Rate Rider. : ~ ~ ~ - ~Seal) ~ ~ ~ ~x BORR J. R~se erri u i ~ FILED r.~~ >'~~~.,~:;~ED (seal~ ROGER Pt7?Tr~::S. CLERK . ST. LUCIE CO'!+~TY. FL. sox~a"r~R C~~24 (Seal) V BORROWER iSign Original Only) ~ ~ ~ ~ ~ ¢ ~ ~ - . e t ~ r S ' P ~ r ~ ~ ~ a~~K 436 P~~~ 916 ~ ~ _ ~ -3- ~ ~ . . ~ . ~a~ - - ~ ~s~,~° '~.n~~, ~Y"^°" ~ _ ~ . :