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B. ('HAR(;F:.ti; LIF:tiS
Uniform C'o~enan~ 4 0l th~ Sc~urit~ Imtrument i. amenJed to rrad as t~~~llo~~;:
4. ('harRes; Liens. Borro~~cr ~hall pa~~ all taxes, a~u~,men~s, and other rhargc~, tine~ and im{wsitions attributable to the
Propert~• Hhich ma~~ attain a priurity c~~er this Sc~urity I~~~trumrnt, and lea.rhold ~a~ment~ or graund rent,, i1~ any, in the
manner prorideci under paragra~h 2 hereof ur, ii not paid in wch manner, by Burro~~er making payment, w~hcn due,
directl~~ ro the pa~~ee ther~ol. 43urro~~cr ~hall prom~tl~~ lurnitih to l.ender all notir~~ ot amount, due under this paragraph,
and in the e~~eri Borro~ti~er shall make pa~~ment dirc~~l~•, Borro~~er shall prum~th~ furnitih to l.ender rc~eipts e~~idencing such 1-
payments. BorroH~er shall prompth~ di.rharge any lien ~~hirh has priosity o~•er this Se~urity Instrurnent; ho~~e~~er, Borro~~er
shal! not be reyuireci to diti~harge am~ .urh lien ,o long as Borro~~~r. (a) ~hall agr~r in ~~riting t~~ the payment of the
obligation sc~ured b}• surh lien in a mann~r ar~c~table to Lender; ~h1 shall in g~xi taith ront~~t such lien by, or defend
against enforrement af ~urh lien in. Icgal rnkctiding, hirh in the a~inion ot Lender o~xratr to pre~ent the rnl~orcement of
the lien or forfeiture of~ the Pro~er~~~ or am~ ~art ihereof; or (~1 ~hall ~~~urr trom the hol~ier ui~ tiuch lien an agreement in a
form satisfactorp to Len~fer ,uhorclir.atin~ ~urh lien tc~ thi, Se~uril~~ Instrument.
If Lendes determines that all ~~r am~ pan of thc Pro~xrt~~ is ~ubj~-~t to a li~n ~~hirh ma~~ attain a priority o~~er this Se~urity
Instrument, Lender shall gi~e Burm~~er a ncni~e iclentif~ing ~urh lien. Borro~~cr,hall wtist~~ ~urh licn ur take one or more
of the actions set torth abo~~r ~~ithin tcn da~~ ot th~ gi~ing ut the notir~.
C. NOTICE
Uniform Co~~enant !4 ot~ the Sc~urit~~ In~trumcnt i, amended to read ati fullo~~~:
ld. Notice. Except for am~ noti~e reyuired under a~~lircihlc la~~ tu hc gi~ en in another manner, (a) any rotice to BorroN~er
provided for in this Securih~ Instrument ,hall he ~i~en M cleli~ering it ur by mailing it b~• tirst class mail to Borrower at the
Property Address or at su.h other addret~ as f3urru~ser ma~ dc~ignate b~~ noti~e to Lender as provided herein, and (b) any
notice to Lender shall be gi~en by first clasti mail to l.end~r'. addre~~ ~tated hcrein or to surh other address as Ler,der may
designate by notice to Borro~~er as pro~ ided hrrein. An~~ notire Pro~ ided'or in tni~ Securit}- Instrument shatl be deemed ro
have been given to BorroNer or Lender ~~hen gi~en in the mann~r de.ignated herein.
D. UNIFORM SE:CURITY 1\STRUMEti7; GO~'F.RtiI\G I.A~ti'; SE~'ERABII.ITY
Uniform Covenant IS of the Se~-urit~~ Instrument i~ amended to read as tollo~~s:
15. Uniform Security Instrument; Gu~ernink I.aw; Se~erabiiih. Thi~ iorm of Security Instrument combines uniform
covenants for national use and non-uniform cu~enants ~~ith fimited ~ariatiom b~~ juri~dirtion to constitute a uniform _ ~
security instrument covering real pro~ert~~. Thi, Serurit~~ Imtrumrnt shall be go~erned by Federal law~ and the law• of the }
juri~diction in w~hich the Property is Ickatecl. In the e~ent that am~ ~ro~~ision or rlause of this Security Instrument or the ~
Note conflicts with applicable la«, such ic~nClict ~hatl not at~f~ect other pro~ i~ions of this Securit}~ Instrument or the Note
; ~vhich can be given effect without the conili~ting ~r;~~ ision, and to this end the pro~•isians of this Security Instrument and
! the Note are declared to be se~erable.
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~ E. TRANSFER OF THE PROPF;RTY OR A BF:tiF:tlC'LAI, ttiTE:RI~:.~T I\ BORRnV~'ER
~ Uniform Covenant 17 of the Sc~urit~ In~trum~nt i, amended to read as folioHS:
~ 17. Transfer of the Propert~~ or a Beneficial Interest in Borrower. If all or any~ part of the Property~ of an interest therein :s
sold or transferred (or iF a benet~rial intcre~t in f3orro~?er is sold or tramferrcd and Borrower is not a natural person)
without Lender's prior written ron~ent, Lendrr ma~, at l.ender's option, declare all the sums secured by this Securitp
Instrument to be immediatel~~ due and ~a~aMe. Ho~~~e~er, this option shall not be exercised by Lender if exercise is not
authorized by Federa! la~~.
~ If Lender exercises such option to ac~clerate, Lender tihall mail Borro~~er notice of acceleration in accordance with
paragraph 14 hereof. Such notice shall ~ro~ ide a~eriocl of not less than 30 days from the date the notice is mailed wi[hin
which Borrow~er may pay the sums declared due. 1f 8orrower fails to pa}~ such sums prior to the expiration of such period,
Lender may, without further notice or demand on Borrower, im~oke any remedies permitted b~~ paragraph 18 hereof.
Notwithstanding a sale or transfer, Borrower ~cill con?inue :o be obligated under the Note and this Security Instrument
unless Lender has released Borro~~~er in writing.
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~ F. I.OAN C:NARGF:.S
~ If the loan secu~ed by the Security~ Instrument is subject t~ a law- which sets maximum loan charges, and that law is finaliy
~ intzrpreted so that the interest or other loan charges c~1{ected or to be collected in connection with the loan exceed permitted
limits, then: (1) any such ioan charge shall be reauced by the amount necessary to reduce the charge to the permitted limit;
and (2) any sums alr~ady colle~:te.~i from Borrower which exceed permitted limits will be ref unded ro Borrower. Lxnder may
choose to make this refund by reducing the ~rincipal owed under the Note or by making a direct payment to Borrower. If a
relund reduces principal, the reduction will be treated as a partial prepayment under the Note.
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~'N 476 PAGE 95i ~
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