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HomeMy WebLinkAbout0943 B. TRAN8FER OF THE PROPEIiTY OR A BENEFICIAL INTERE8T IN BORROWER Unfform covenant 17 of the Secu~ity Inatn~m~nt is amer~ded to ro~d aa fdlow~ Transf~? of tho pwpsrt~ or i 9~n~ Inbn~t In sotrow~~. If all or any pa~t of the Property or any inte~est in it ia sold or transfaRSt! (or N a b~neNdsi int~rsst in 8onrowe? is soid or tnnafeRed and Borrower ia not a natural peraor~ without Lendsrs prior wrttten conaent L~ndsr rrNy. ~t ib optio~ requfro immadiate payment in tull of au sums secured by this Security Instrument Howsvsr~ thfs opilon shall not be sxs~lasd by Lender H exeroise is prohibited by federal law as of the date of Mis Security Instn~rnsnt Lender aiso ahall not exercise this option (a) 8orrower causes to be submiried to Lender I~formaNon rsqulrod by Lsnde~ to evaluate the Inte~ded tranaferee as if a ne+iv loan were beinfl made to ths trana~sreeS and (bl Lender restonabty determines that lenders aecurity will not be impaired by the loan aasumptbn and that tt~e ~isk of a brsach of any covenant or a~reement in this Security Inatrument is acceptable to Lender. To the extent permitted by appllcaWe IarK Le~der may char~pe a resaonable fee as a condition to Lenders consent ta the loan aasumptbR Lendst may also require ths t~nsferos to aiqn an sssumption aQreement that ia in t acceptable to Lender and that oblipates the tnnMsrse to kesp all ths promises and aqrs~+i~d~~:a made in the Note andinthisSecuritylnstrume~t 8orrowerwillcontinustobeobli~atedu~dartheNotsandthiaSecuritylnatrument unleas Lender releaaea Bonower in writir~ If Lender exerciaes the option to rsquiro immediate psyment in ful~ Lender ahait flive boROwer notice of acceleration. The notice shall provide a period of not leas tha~ 30 daya from the date the notice is delivered or mailed within which borrowe~ must pay ali sums securod by this Secu~ity Instrument If borrower fails to pay these aums prior to the expiration of thts period Lender may invoke any remedies permitted by thia Secu~ity inatrument without further notice o~ demand on 8orrower. BY SIGNING BELOW. Borrower accepta and aqrees to rms and covenants contained in this Adjustable Rate Rider. ~z .......................(Sea~ ; VINCENT ES SITO : ~ - :~^c~ . . f~.a!~~.. . . . . . (Seaq ~ SNARON B. BOBZIN -eonowsr , ~ ~ € 'oooK5D4 ~ 943 ~~~~;s:~ 19 P 1 :54 . SOGED,"_~^ . LL(,~, . , - ~ _ . _ _ . _ . ~ _ . " _ _ _ _ --y - _