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Unifo:m Co~Cnant I4 of the Sccurity l~strumen! is amrndcd to rcad as i~llaws: ~
1t. \lutice. Eacept [or any notice required under a~plicable law to be gi~en in anothrr manner. (a) any no~ice !o
E3orro~er provided ~for in this Security lnstrumrnt shall bt gi~~en by delivering it or by mailing it by first class mail
addresscd to Borrower at the Proprrty Address or at such u,her address as BorroNer may desig~ate by notice to L~nder as
provided herein~ and (b) any notice to Lender shall be gi.~en by first class mail to Lender's address statcd herein or to such
other address as Lender m~y designate by notice to Borro~~~er as provided herein. Any notice pro~~ided for in this Security
Instrument shall be deemed to have been given to Borrower or Lender whe~ given ir. the manner designated herein.
D. Uti1FOR:~1 SECURITY 1;~'STRUAiENT; GO~'ER\1NC LAW; SEVERABILITY
Unitorm Co~enant 13 of the Security lnstrumcnt is amended to read as follows:
15. Uniform Security- Instrument; Coverning Lr.w; Sererability. This fcrm ot Security Instrument combines uniiorm
co~enants for national use and non-uniform co~•enants with limited ~•ariations by jurisdiction to constitute a unitorm
security instrument covering real property. This Security instrument shall be go~erned by federal law and the iaw of the
jurisdiction in w~hich the Property is ]c~ated. ln the event that any provision or clause of this Security lnslrument or the
Note con(licts with applicable law~ such conilict 3ha11 not affect other provisions of this Security Instrument or the Note
which can be givcn effect without the conflicting provision, and to this end the provisions of this Security Instrument and
thc Note are declared to be severabte.
E. 7'RANSFER OF THE PROYERTY OR A BENEFICIAL IhTERESI' IN BORRQ«'FR
Unitorm Covenant 17 of the Security Instrument is amended to read as follows:
17. Transfer of the Propert~ or a Benercial Interest in BorroNer. If all or any part of the Property or an interest therein
is sold or transferred (or if a benefcial interest in Borrow•er is sold or transi'erred and Borrow~er is not a natural person)
w~ithout Lender's prier written consent. Lender may, at Lender's option, declare all the sums securec3 by this Security
Instrument to be immediately due and pa}•able. However, this option shall not be e~ercised by Lender if exercise is
prohibi~ed by Federal la~• as of date of this Security Instrument.
If Lender exercises such option to accelerate, Lender shall mail BorroKer notice of acceleration in accordance ~•ith
paragraph ,4 hereof. Such notice shall pro.•ide a period of not less than 30 days from the date the notice is mailed within
~hich Borrov?er may pay the sums declared due. If BorroK~er fails to pay such sums prior to the expiration of such period, _
Lender may. w~ithout further notice or demand on Borrower, invoke any remedies permitted bp paraeraph l8 hereof.
Notwithstanding a sale or transfer, Borrowes w•itl continue to be obtigated under the Note and this Security Instrument
unless Lender has released Borrower in writing.
F. COVENANT DELET£D -
Non-Uniform Covenant 21 of the Security lnstrument ("Future Advances") is deleted.
G. LOA\ CHARGES
If the loan secured by the Se:urity Instrument is subject to a!aw ~~hich sets ma~imum loan charges, and that law is finally
interpreted so that the interest or other loan charges collected or to be collected it~ connection w•ith the Ioan exceed
prrmitted lirnits, 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 Borro~er w•hich exceeded permitted limits ~~ill be refunded to
Borrower. Lender may choose to make this refund by reducing :he princi~al owed under the Note or by making a direct
payment to Berro:?~er. If a refund reduces principal. the reduc~ion ~~ill be treated as a~artial prepa}ment under the Note.
H. LEGISLATION
~ If. after the date hereof, enactment or expiration of applicable law•s have the effect either of rendering the provisions of ihe
I~iott, the Srcurity Instrument or this Adjustabie Rate Rider {other than this paragraph H) unenforceable according to
their terms, o~ all or any past o~ the sums secured hereby uncollectabte, as otherw•ise provided in the Security f nstrument
E and this Adjustable Rate Rider, or of dimir~ishing the ~•alue of I_ender's security, then Lender. at Lender's option~ may
dcclare all sums secured b~ the Security Instrument to be immediately due and pavable. .
~ IN W[TNESS VVHEREOF, Borrower has execute his Adjustable Rate ,
G~/~ - - . . . . . . . . ~ . . ~ . . . . . . (Seal)
~ TI~ ZEDIKER -8orrower
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F . ZEDII ~ ~ -BcrroM.Qr
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SEE ATTACHEA RIDER TQ NOTE ~
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