HomeMy WebLinkAbout0940 ~
~
G ~
Unifo=m Covenant 14 of t3~e Security Ir~atrum~t i8 ame~~ded to read as 5~lla?a:
~i. ~otioe,. F~ooept ~or ary aotice *_~uired uder applicabLe lerr to be given in another menner, (a) ary mtice ~
to Borro~a prwided far in this Security InstYUment ehall be g~va? by deliv~xing i~ c~- ~ailing it by firet class
msil to Barra~er at the P:operty A~3ress at at euch ather addreas as Batra~wac may desigpate by mti.oe tfl Le~der
es pravided herein, and (b) aay notice to Lender ehall be g,iven by firat class mail to Leoda's ad~ess stated
herein ar to sudt othex aacresa as Leoder m~y desigpate by mtice to Barrw~ac as prwided hereia. Aay notice
prwided fac~ in this Sec~ity Instn~nt ahall be dee~ed tfl have b~`-z giv+at to Borraw~c ac Lendez' whei given in
r},P maz~er desi.gpated t~erein.
D. t~a! ~ IBi; ~II.~
ifnifocm Cv:~t 15 of the Secutity Insttt~ent is ameoded to read ae ~riiiv..a:
15. OviSaot 8~atity ~est; Iar 8e~liL7. ltzis fio=m of Security Instnment aambines ~nifoYm
cov~a~anta fac natiaial uee aad no~-unifoa ~o~ena~ts ~rith limited variatiaae by juriedictian to ooostitute a
~nifacro sec~?rity instr~[ covering i+eal pcoperty. 11us Sec~sity Iretn~oent d~all be g~o~verned by Federal Laa
and the lar of the jurisdicta.an in which the Property is located. In the e~rent that aiay prari.aim or clauee of
this Security Instru~nt ar th~ Note aonflicts with applicable ]aw, such oonflict ehall not affect ather
provisio~os of this Security Inatn~me+ot ar the Note whidi ca~ be givea effed vithaut the oonflictisg pmwisim,
and to thia eod d~e prwisioas of this Security Ivstnment ad the Nate ~e declared Go be severabLe.
B, a~ ar ~ ~o~ ~ s ~ ~ ~a¦~~
Unifo~ (b~t 17 of the Sec.wcity Instr~aC is aaoended to read as folla~a:
17. ~ af t~e Piac¢~t~ ar a'~:..::~a 7abecs¦t ia Da~oa~r. If all ar aay part of die Property ar ~
intere,et the.zein is sold ar transfezred (ar if a beaeficial interest in Borraier i.s sold or transferred and
~3orra~er is mt a nat~aal pers~a) ~rithout Le~der's prirnc written aoase+nt, Le~d~ may, at Ledez's optian, decla*e
all the suos $ea~red by tfiis Sec~ity- Instnma~t to be immediately ~ue and payable. Ha~ev~a, this optim ehall
rot be eaercised by Lender is ecercise is uat autharized by Federal law.
If La~da exercisea such opti,an to accelerate, Le~da ehall mgil BaacroWer notice of acceleratim in acoordar~oe
with paragraph 14 here~f. Such mtice et~all pcavide a period of vot less thaa 30 deys 5rom tt~ date the cntice
is mailed within which Ba~t~et may pay the aums declared due. If Bo~rw~a fails to p~y su~ sums prior to the
expiration of su~ period, La~der may, without furtYier mtice ac dm~and ai Borrarer, inv+oke aay :~emedies
permitted by parag~a¢~ 18 hereaf. .
Ntitwithstandiug a sale ar tran~fer, Bor~ca~er will aontipue to be oblipated ~nder dze Nate and thia Security
Instnment unless Le~der has released Borrvyer in writing.
F. I~/ aM~
If the lo~i secured by the Security It~etr~ecit is subject to a lav ~ich sets m~cim~m loan d~arges, atd tfiat law
is fi.nally interpreted so.that the interest ar other loan d~arges collected oc to be collected in ooonectian s~rith
the loan ?~oeed peimitted limits, then: (1) any such loan charge ~all be r+educed by the ~oount neceasazy to
x-eduoe the c2~ar8e to the peanitted limit; aod (2) aay s~ums already oollected from Bonowpr whidi exceeded
peimitted lunits will be refunded w Barrawer. Lader may cfioose to mak~e tfiis refind by reducing the princip~l
aaed uader the Note ac by making a direct paym~~t to Borrow~. If a ref~s~d red~icea principel, the reductian will
be treated as a partial peep~ayment ~nder tfie Note.
I8 W1II~SZS i~, Do[c~o~t hes ~eouted this adju~tabl~e Yate ~idet.
i
f "
~ ~ ~
F
~ ~ % ~ ~ i
; ' VAN t~RTII~I , Bacrwer i
~ / ~
. ;
n~vr.~sa~, Bon~ 1
s~ aF r~ottmA ~
a~.x~rrnt a~ sr. w~~
I~SY ~Y t3~at on tfiis day, before me, ai officer duly authorized in the State and County aforesaid
t~ take aclmowledgoents, persa~ally appeared RA~Ct~D VAN I~F~I, to me kvown to be the persan described in and
~~o Pxecuted t3~e £oregoing instru~nt a~d he acimowledged before me tfiat he ~cecuted the same.
WTII~'SS my hard ard official seal in the Co~nty a~ State last aforesaid, this 22nd day af Ma~Y ,
1985. .
. ~ ~ 'S"
- ;.Jt ` 'r ' -
.
/
N P~lic _ • ~ . , J, .
: -
State of Flar~ I~~e y'
2'fY caomissi.an e~pri'e~, ' :
a~ s~i: ~r~. '
Wh? c~..dsi» E,ip:w-Ma 2~.14~
s..w ~~r. b., ~.rt ~i~r..... r..
BDOK PAGE ~c~7
_ _ _ . _