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B~ CNA~tGES; l.{ENS ' r~ tt' ~ r~
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Uniform Covenant 4 of the Security Instrumcnt is amended to read as follows:
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9. Ch~r~cs; Liens. @orrowcr shall pay al4 t~xes, assessments, snd othcr charges, f+nes and impositions attributable to the ~
Property which ma~y attain a priori~y over this Security Instrument, and leasehold payments or ground rents, if any, in the
manner provided under paragraph 2 hereof or, if not paid in such manner, by BorrQwer making payment, when due,
directly to the payee theceof. Borrower shall promptly furnish to l.ender all notic~s of amounts due under this paragraph, ~ `
And in the event Borrower shall make payment directiy, Borsower shall promptly furnish to Lender receipts evidencing
such payments. Sorrower shall promptly discharge any liep"which has prioaity over this Security InsCrument; however,
Borrower shall not be required to discharge any such lien so long as Borrower: (a) shall agree in writing to the payment of
the oblig~tion secured by such lien in a manner acceptable ta Lender; (b) shail in good faith contest such lien by, or defend
against enforcement of such lien in, legal proccedings which inthe opinion of Lenderoperatetopreventtheenforc~ment of
the iien or forfeiture of the Property or Any part thcreof; or (c) shaU secure from the hotder of such lien an agreement in a
form satisfaGtory to Lender subordinating such lien to this 5tcurity Instcument.
lf Ler~der determines that all or any part of the Aroperty is subject to a lien which may attain a priority over this Security ~
lnstrument, Lender shall give Borrower a notice identifying such lien. Borrower shall satisfy such lien or take one or more
of the actions set forth above within ten days of the giving of the notice.
C. NOTICE
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Unitorm Covenant 14 of the Security Instrument is amended to read as follows: ~
14. Notice. Except for any notice required under applicable law to be given in another manner, (a)any noticeto Borrower ~
provided for in this Security Instrument shall be given bydelivering ii or by mailing it by first class mail to Borrower at the ~
Property Address or at such other address as Borrower may designate by notice to Lender as provided herein, and (b) any ~
notice to Lender shaU be given by first class mail to Lender~s address stated herein ur to such other address as I.ender may ~
designate by notice to Borrower as provided herein. Any notice provided for in this Security Instrument shall be deemed to ~
have been gi~~en to Borrower or Lender when given in the manner designated herein. ~ ~
D. UNIFORM SECURIT~' INSTRUMENT; GaVERN1NG LAW; SEVERABILITY - ~
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Uniform Covenant 15 of the Security Instrument is amended to read as follows: ~
IS. Uniform Security Ir~strumenh, Governing Law; Sxverability. This form of Security lnsturment combines uniform ~
covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform ~
sectirity instrument covering real property. This Security Instrument shall be governed by Federal law and the law of the ~
jurisdiction in which the Property is located. In the event that any provision or clause of this Security Instrument or the f
Notz conflicts with applicable law, such conflict shall not affect other provisions of this Security Instrument or the Note Q
which can be given effect withaut the conflicting provision, and to this end the provisions of this Security Instrument and '
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the Note are declared to be severable. ~ ~
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E. T~tANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWEit
Uniform Covenant 17 of ihe Security Instrument is amended to read as follows:
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17. Transfer oi the Property or a BeneticiAi Interest in Bonower. If all or any part of the Property of an interest therein is {
sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Bonower is not a natural person)
without Lender's prior written consent, Lender may, at l.ender's option, declare all the sums secured by this Security ~
Instrument to tfe immediately due and payable. However, this option shall not be exercised by Lender if exercise is not :
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~ authorized by Federal law. . F
If l.ender exercis~s such option to accelerate, Lender shall mail Borrower notice of aceeleration in accordanee with
~ paragraph 14 hereof. Such notice shall provide a period of nct less than 30 days from the date the notice is mailed within
~ which Borrower may pay the sums declared due. If Borrowee fails to pay such sums prior to the expiration of such p~riod, '
a; L,ender may, without further notice or demand on Bonow~r, invoke any remedies permitted by paragraph 18 hereof. ;
~ Notwithstanding a sale or transfer, Borrower will continue to be obligated tinder the T~tote and this Security Instrument ~
w unless Lender has released Borrower in wrizing. ~
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F. LOAN C~IARGE~
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j If the loan secured by the Security Instrument is subject to a law+which sets rrtaximum loan ch~rges, and that law is finally
W interpreted so that the interest or other loan charges collecte.~l or to be callected in cannection with the loan exceed
~ permitted limits, then: (1) any such loan charge shall be reduczd by the amount necessary to reduce the charge to the
o permitted lirnit; and (2) any sums already collected from Borrawer which exceed permitted limits will be refunded to
N Borrower. Lertder may choose to make this refund by reducing the principal owed under the Note or by making a direct ~
¢ payment to Borrower. If a refund reduces principzl, the reduction will be treated as s partial prepayment under the Note. '
IN WI?NESS WNEREOF~ Borrower hAS execut ~S A JU L ATE Ri r.
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(Seal)
RUGER . I ' ON Bo~rox~e~ _ "
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~86 S~P 24 Pi2 ~39 ( I)
• - ORIE G. HARRINGTON -Bo~~oK•e.
FILEO '.r•-, ~
ROGEf: i~;"~? (Seal)
' ST.ti".:;~
-Bonowrr
~ . ' (Sign Original Qnly)
~ ` , BOOK 515 PACE