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HomeMy WebLinkAbout0921 c. Nori~E Uniform Co~~enant I4 of the Security lnstrumcnt is amended to read as follows: ' _ !1. Notkt. Except for any noticc reQuircd under applicable law to be Qiven in anothe~ manner, (a) any notice to Borrower provided for in this Security Instrument shall be given by delivering it or by mailing it by (irst class mail addressed to Borrower at the Property Address or ~t such other address as Bo~rower may designate by notice to Lender as provided herrin. and (b) any notice to Lender shall be given by first class mail to Lendtr's addras stated herein or to such other addras as Lender may d~signate by notice to Borrower as provicird herein. Any notice provided for in this Security Instrument shall be damcd to have been given to Borrower or Lender when given in the manner designated herein. D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERABILITY Uniform Covenant 15 of the Security lnstrument is amcnded to read as follows: IS. Unitorm 5ecurity Instrumeni; Governing Law; Severability. This form of Security [nstrument combines uniform co~~enants for national use and non-uniform covenants with iimited variations by jurisdiction to constitute a uniform security instrument covering real property. This Security Instrument shall be governed by federal law and thc law of the ~ jurisdiction in which the Property is located. In the event that any provision or clause of this Security lnstrument or the Note conflicts with applicable law. such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision, and to this end the provisions of this Security Instrument and the Note are declared to be severable. E. TRANSFER OF THE PROPERTY OR A~ENEFICIAL INTEREST IN BORROWER l,Tniform Covenant 17 of the Security instrurnent is amend~d to read as follows: 17. Transfer ot the Property or ~ 8eneficial lnterest in Borrower. [f all or any part of the Property or an interest therein is sold or transferred (or if a beneficial interest in Borrower 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 [nstrument to be immediately due and payable. Nowever, this option shall not !se exercised by Lender if exercise is prohibited by Fede~al law as of date of this Security Instrument. If Lender exercises such option to acceterate, Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof. Such noticr shall provide a period of not less thare 30 days from the date the notice is mailed within w hich Borrower may pay the sums declared due. If Borrow~r fails 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 paragraph 18 hereof. Notwithstanding a sale or transfer, Borrower will continue to be obligated under the Note and this Security lnstrument ' unless Lender has released Borrower in writing. F. COVENANT DELETED Non-Uniform Coveriant 21 of the Securiry Instrument ("Future 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 ; 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 j Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct ~ payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment under the Note. ~ i H. LEGISLATION € (f, after the date hereof, enactment or expiration of applicable taws have the effect either of rendering the pro~~isions of the ~ Note, the Security Instrument or this Adjustable Rate Rider (other than this paragraph H) unenforceable according to e their terms, or all or any part of the sums secured htreby uncollectable, as otherwise provided in the Security Instrument ~ and this Adjustable Rate Rider, or of diminishing the value of Lender's security, then Lender, at Lender's option, may ~ declare all sums secured by the Security Instrument to be immediately due and payable. ~ ~ Iti WITNESS ~WHEREOF. Borrower has executed this Adjustable Rate Rider. e `i-~ ~ ~ _ ~ . _ . . . . . . . . . . . . . . . . . . . Seal) ~ ~TA~ ORE LOUIS BERGENROTHr~ •Bo(rower ~ ~ ~ ~ . . . . ~4 ?5-:~ z . . ~ L~ . . . .~~r.t :t~ ~ ti~ . . . . . . . . . . ( Seal ) ~ ~N NCY At~1 ~CROWE -Borrower ~ / s F (Seat) -Borrower (Sign Orginal Only) F ~ ~ :,~~~~457 ~~,F ARM Rlder-Plans A•2 and A•3 ~page 2 of 2 pages) ~ ~ F r~ ~ ~ _ . ~j~~-,