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B. CHARGFS; Lit NS
Uniform Covenant 4 of the ~tiirRy Instru~is~amen3ed to ~e~d ~t follows:
4. ChArgrs; Liens. Borrower shall pay all taxes. assessments, and other charges, fines and im~wsitions attributable to the
Property which may atta:n a priority over this Security In~trument, and iPasehold payments or ground rents, if any, in the
manner provided t~nder paragraph 2 hereof or, if not paid in such manner. by Borrower making payr~em, when due,
directly to the payt~e thereof. Borrower shal! promptly f4rnish to Lender all notices of amounts due under lhis paragraph,
and in the event Borrower shall make ~,ayment directly. Borrower shalf promptly furnish to Lender receipts e~ idencing such
payments. Bonower shall promptly discharge any lien which fias priority over this Security Instrument; however, Borrower
shall not be required to discharge any such lien so long az Borrower: (a) shal! agree in writing to the payment of the
obligation sec~red by such lien in a manner acceptable to l,ender; (b) shall in good faith contest such lien by, or defend
against ~nforcement of such lien in, legal proceedings which in the opinion of Le~der operate to prevent the enforcement of
the lie~ or forfeiture of the Property or any part thereof; or (c) shall secure from the hold~r of such lien an agreement in a
form satisfactory to Lendtr subordinating such lien to this Security Instrument.
If Lender determines that all or any part of the Property is subject to a lien which may attain a priority over this Security
Instrumgnt. Lender shall give Borrower a nutice identifying such lien. Borrower shall satisfy such lien or take one or more
of the actiors set forth above within ten days of the giwng of the no:ice.
C. NOTICE
Unifonn Covenant 14 of the Security lnstrument is amended to read as follows:
1a. Notice. Except for any noiice required under applicable law to be given in another mann~r, (a) any notice to Borrower
provided for in this Security Inswment shall be given by delivering it or by mailing it by first class mail to Borrower at the
Property Address or at such other address as Borrower may desigrtate by notice to Lender as provided herein. and (b) any
notice to Lender shall be given by first class ma1 to Lender's address stated herein or to such other address as Lender may
designate by notice to Borrower as provided herein. Any notice provided for in this Security Instrument shall be deemed to
have been given to Bonower or Lender when given in the manner designated herein.
D. UNffORM SF,CURIIY INSTRUMENT; GOVERNING LAW; SEVERABII.ITY
Uniform Covenant 15 of the Security Instrument is amended to read as follows:
15. Uniform Security [astrument; Governing I,~?w; Severabitity. This form of Security Instrument combines unifcrm
covenants for national use and non-uniform covenants with Gmited variations by jurisdiction ro constitute a uniform
security inswment covering real property. This Security lnstrument shall be govemed by Federal law and the law of the
jurisdiction in which the Property is located. In the event that any provision or ctause of this Security Instrument or the
Note conflicts with applicable law, such conflict shall not affect other provisions of this Security Instrument or the Note
which can be ~ven effect without the conflicting provision, and to this end the provisions of this Security Instr~ment and
the Note are declared to be severable.
E. TRANSFER OF THE PROPERTY OR A BENEFICIAL IN'i'EREST IN BORROWER ~
Uniform Co~~enant l7 of the Security Instrument is amended to read as follows ~
17. 'IYarisfer of the PmpMy or a Heneficial Intettst in Borrorver. If all or any part of the Property of an interest therein is
I sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Bonower is not a nawral person)
' without Lender's prior written consent, Lender may, at L,ender's option, declare all the sums secured by this Security
j Instrument to be immediately due and payable. However, this option shall not be exercised by Lender if exercise is not
~ authorized by Federal law.
If Lender exercises such option to accelerate, Lender shall mail Borrower notice of acceleration in accordance with
paragraph 14 hereof. Such notice shall provide a period of not less than 30 days from the date the notice is mailed within
which Borrower may pay the sums declared due. If~ Borrower fails to pay such sums prior to the expiration of such period,
Lender may, without further notice or demand on Bonower, invoke any remedies permitted by paragraph 18 hereof.
Notwithstanding a sale or transfer, Borrower will continue tc be obligated und~ r the Note and this Security Instrument
unless I.ender has released Borrower in writing.
F. LOAN CHARGFS
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 cotlected in connection with the loan exceed permitted
limits, then: (1) any such loan charge shall be reduced by the amount necessary to r~uce the =harge to the permitted limit;
and (2) any sums already collected from Borrower which exceed permitte~ limits will be refunded to Borrower. Lender may
choose to make this refund by reciucing the principal owed under the Note or by making a direct payment t~ Borrower. lf a
~ refund reduces principal, the reduction will be treated as a partial prepayment under the Note.
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~ M R?I'fNESS ~YHEREOF, Borrower 6as eaecuted t6 DJUSTABLE RATE Rlder' -
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GR QR C C~FF -Qorrower
FIL~C ~ • -
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ROGER . ~ o , L ' ` ~
ST. LULI._ _ . . . . . ...(seat)
NANCY COFF !:V -9orrcwer
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, -Borrower
an~~~ ~~~E ' (Sign Original On1Y)
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