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faith contest such lien by, or defend against enforcement of such lien in, legal prooeedings which in the opinion of
Lender operate to prevent the enforcement of the lien or forfeiture of the Propeny or any part thcreof; or (c) shall
ucure from the holder of such lien an agreement in a form satisfactory ta Ltnder subordinatin~ such lien to this
Security Instrument.
If Lcnder determines that all or any part of the Property is subject to a lien which may attain a priority over this
Stcurity Instrumcnt, Lender shall give Borrower a notice identifying such licn. Borrower shall satisfy such lien or take
one or more of the actions set forth abovc within ten days of the ~iving of the no[ice.
C. NOTICE
Uniform Covenant 14 uf the Security Instrument is amendcd to read as fotlows:
14. Notice. Except for any notice requircd under applicable law to bt givcn in another manner, ( a) any notia to
Borrower Provid~d for in this Security Instrum~nt shali be given by delivering it or by mailing it by first class mail to
Borrower a~ the Fropeny Address or ac such other address as Borrower may des~gnate by notice to Lend~r as providcd
herein, and {b) any notice to Lender shal! be given by first class mail to Lender's address stated herein or to such
other address as Lender may designate by notice to Borcower as providcd herein. Any notioe provided for in this
Security lnstrument shall be deemed to have been giv~n to Borrower or Lender when given in the manner designated
herein.
D. UNIFORM SECURlTY INSTRUh1ENT; COVERNING LAW; SEVERABILITY
Uniform Covenant IS of the Security Instrumtnt is amendtd to read as follows:
1S. Uniform Security lnstniment; Governing I.a~; Sevrrability. This form of Security Instrument oombines uniform
oovenants for national use and non-uniform covenants with limittd variaaons by jurisdiction to oonstitute a unifotm
security instrumenc oovering real propcrty. This Security Instrument shatl be governed by Federal !aw aad the law of
the jurisdiction in which the Property is located. In che event that any provision or clause of this Security Instrument
or the Note conflicts with appticable law, such conflict shall nat afi'ect other provisions of this Stcurity Instrument or
the Note which can be given effect without the oonflicting provision, and to this end the provisions of this Security
Instrument and the Note are declared to be sev~rable.
E TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER ~
Uniform Covenant 17 of tht Security Instrument is amended to read as follows: ~
17. Transfer of the Property or a Beneficiat ~Interest in Borrower. If 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 transfened and Borrowet 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 txercised by L.ender if
ex~rcisc is not authoriud by Federal law.
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If Lender exercises such option to acalerate, Lender shall mail Borrow~r notice of acceleration in aooordance with
paragraph 14 hereof. Such notice shall provide a period of not less than 30 days from the date the aoace is mailed
within which Borrower may pay the sums declared due. If Borrower fails co pay such sums prior to the expiration of
such period, Lender may, without funher notice or demand on Borrower, invoke any remedies permitted by
~ paragraph 18 hereof.
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~ Notwithstanding a sale or transfer, Borrowe~ will continue to be obligated under the Note and this Security
~ Instrumcnt unless Lender has released Borrower in writing.
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~ F. LOAN CHARGES
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~ If the loan secured by the Security Instrument is subject to a law which sets maacimum loan charges, and that law is
~ finally interprtted so that the interest or other loan charges collected or to be rollected in connection with the loan
~ exceed permitted limits, then: (1) any such toan charge shall be reduced by the amount neassary to reduet the
~ charge to the permitted iimit; and ( 2) any sums already collected from Bortower which exceeded permitted limits wilt
~ be refunded to Borrower. Lender may choose to make this refund by rcducing 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.
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I!Y WfTNESS WKEiEOF, Borrower has executed this Adjustable Rate Rider.
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. ...................................................(Stal)
° ' ro j an _ -eorrower
? .(Seal)
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- Doris M. Trojan -Bo~rower
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~ .............................................................................................................(Seal)
-8orrower
~ (Siyn OripinN Onlr)
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