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C. NUTI('E ~
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1?nitirrni Covrr~ant 14 ~~f the Srrurily Instrument is amendod to read as follows: E,
14. Notice. Exc~pt for any notice required under applicable law to be given in another manner~ (s) any notice to
t3~~r~uwrr provided fc~r in this Sctiurity Insirument shalf be given by delivoring it or by mailina it by 6rst claas mail
aJdressod to Borrower a! thr Properry Address or st such other address as Borrower may designate by notia to L.pfder a~s
pruvided herein, and (b) any notice ro Lender shall be given by first class mail to l.endtr's addras stated hercin or to such ~
uther address Lcnder may designate by natice to Borrowsr as provided herein. Any notice providod for in this Socurity
I nst rument shall be deemed ~o have been given to Horrov~~er or i.ender when given in the manner designated herein.
D. UNIFURM SECURtTY INSTRUMENT; GOYERNINC LAW; SEVERAHiLITY
Uniform Covenant 1 S of the Security Instrument is amendod to read as follows:
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15. t?nitorm Security lnstrumeat; Gorernlag Law; Se~enbility. This form of Security [nstrumcnt combines uniform ~ J
rovenants fur natiunal use and non-un~form covenants with limited vmriations by jurisdiction to constitute a uniform ; i
sc~:urity instrument cavering rral property. This Sccurity Instrument shall be governed by federal law and the iaw of the
jurisdiction in which the Property located. [n the event that any provision or clause of this Security Instrument or the 1
Note conflicts with applicabte law. such conflict shatt not affect other provisions of this Security Instrumer~t or the Note
which can be given effect without ehe cunflicting provision, and to this end the provisions uf this Socurity I»strument and
the Note are dtclared t~ be srverable.
E. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER
Uniform Covenant 17 of the Security Instr~ment is amrnded to read as follows: ~
17. Transfer ot t6e Property ur a Beeeficial laterest in Borrower. If ali or any part of the Property or an intcrest therein
is sold or transferred (or if a brnrfirial interes~ in fiorrower is sotd or transferred and Borrower is not a natura! person)
without Lender's prior writteu consent, 1.enJrr may, at Lender's option, doclare all Ihe sums secured by this Security
In3trument to be immediately dur and payable. However, this option shall not be exercised by Ltnder if extrcise is
prohibited by Federa! law as at~he date t~f this Security Instrument.
If I.ender rxercises such option to :~cceleratr, (xnder shall mail Borrower notice of a.;~;eleration in accordance with
,paragraph 14 hereof. Such natirr ~hall pr~~vide a period of not Iess than 30 days from the date the notice is mailod within
which Borrower mdy pay the ~um. decl:~rrd due. if &~rrow~er fails to pay sueh sums prior to the expiration of such period.
Lender may, without furthrr nutice or demend on [3c~rr~iwcr, invoke any remedies permitted by parag~aph !S hereof.
Notwithstanding a sale or transfer, Borrower will conti;~ue to be ob6gated under the Note and this Se~:urity Instrument
unless Lender has released &~rr~7we~ in wnting.
F. COVENANT DELE1"ED
Non-Undi~rm Covenant ? 1 of the Sctiurity Instrument ("Future Advanres") ~s drleted.
G. LOAN CHARCES
If the loan securc~i by the Sr.:ur~ty Instrumrnt is subject to a law which kts maximum loan chargrs, and that law is finally
interpretrd ~ that the interrst eTr n~hrr loan rharges roUected nr tu be cullecled in connection with the loan exceod
permitted limits, the~r. (1) any ~urh loan rhargr tihall br reduced by the amount nrcessary to reduce the charge to the
permitted limir, and any sum~ alread}~ cullrrlcYl from f3~~rruwer which ezceeded permitted limits w~ill be rcfundtd to
Borrower. Lender ma~~ cha~+e to mak~ this rrtund by rrduc~ng thr princi~l uwed under Ihe Note or by making a direet
payment to Borrowrr. If a ret~und reJuc~~ pnn~~pal, Ihr reduction will hr ~reated a. a part~at prepayment under the Note.
H. LEG[SLATION
If, after the datr hrreof, eoaclmrnt or r.rirau~m i~( aprGrahlr law~. ha~e the rfTe~t ri~her i~f rrnderi~~g thr provix~uns of the
Note, the Serurit~~ In.trument or thiti Ad~uti~ahtr Ra~r R~drr (~~~her th;,n this paragraph H) unenforrrable according to
their terms, or all or any par~ ~~f the wm~ ~rrured hrrrby unce?Hec:tablr, as othtrw~sr pmvided in the ScY:urity lnstrumem
and this Adjustabte Ra~r R~drr. ~~r uf dim~n~tihing the vxlur of l.ender's secur~ty, ~hen !_rnder, al Lender's option, may
~ drelare ail ~ums secured by thr Srcun~~~ Imtrumc~tl tii F~ immrdiately due and payahle.
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Itv ~YITNESS R'HI RI-~~~ . Biirrawrr ha~ rxrcuted th~~ Adju~1• ble R~ate Ridrr.
. ~ . .............................(Seal)
B• ~ -8orrower
_ ...........ISr:~ll
Bo?rower
_ _ . .....lSrall
BonGHPr
. . . - .............................~JGA~~ li
•Borrower
. .._.......ISrall
BOrrOwer
_ . . ._...rSC:t~~
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(SiFn Un~;in:ii Ont~ ]
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goo~ 498 P~~F
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