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(E) Notice of Changes
The Note Nuider wil! mail ar deli~er to me a nutice txfi~r~ rach Change Date. This nutire wi11 ad~ ise me of:
(i) the new interest rate on my loan as of the Change Date;
(ii) the amount of my monthty payment fol?uwing the Change Date; ~
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(iii) any additional matters which the Note Hotder is required to disclose; and
(i~~) the title and telephone number of a~no~ who wiil answer any questions I may have regarding the notice.
B. LOAN CHARGES
It could be that the loan secured by the Security lnstrument is subject to a law which sets maximum loan charges and
that law is interpreted so that the interest or other loan charges collected or to be collected in connection with the loan would ~
exceed permitted limits. lf this is the case, then: (A) any such charge shalt be reduced by the amount necessary to reduce
the charge to the permitted limit; and (8) any sums already collected from Bortower which exceeded permitted limits will
be refunded to 8orrower. L,ender may choose to make this refund by reducing the principal owed under the Note or by making
a direct paymeni to Borrower.
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C. PRIOR LIENS
If Lender determines that all or any part of the sums by this Security lnstrument are subject to a lien which has priority
over this Security lnstrument, Lender may send Borrower a notice identifying that tien. 8orraa~er shall promptly act with
regard to that lien as provided in paragraph 4 of the Security Instrument or shall promptly secure an agreement in a form
satisfactory to L,ender subordinating that lien to this Security tnstrument.
U. TRANSFER OF THE PROPERTY ~
If there is a transfer of the Property subject to paragraph 17 of the Security Instrument, Lender may require (1) an in- i
crease in the current Note interest rate, or (2) an increase in (or removal ofl the limit on the amount of any one interest rate
change (if there is a limit), or (3j a change in the Base Index figure, or all of these, as a condition of Lender's waiving the
option to accelerate as prrnided in paragraph 17.
E. GOVERNIhG LAW
The Note and Security Instrument are to be construed and enforced in acco~ance with the laws of the State of Florida
and the law and regulations of the United States of America. In the event of conflict between Florida law and the laws and
regulations of the United Stat~s of America, then in such event the law and regulatiuns of the United States of America shaN govern.
$y signing this. Borrou•er agrees to a!! of the above.
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William H. Hoo~ Borrower
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Borrawer
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