HomeMy WebLinkAbout0968 . , , ~
~
9. TRANSFER OF THE PROPERTY OR A BENEFICIAL lNTERE8T IN BORROW~R ~
Uniform covenant 17 of the Secu~ity Instrume~t is amendsd to road as follow~
Tnnsf~~ of M~ prop~rty or i 6~n~fiolai Int~nst Itt 6or?ew~r. !f all or any~part ot the PropeKy or any ~
inte~est in it is sotd or trensfe~red (or If a berteflcial intsreat In 8orrowet ia sold or tra~afaned and Bo~rower is not a ~
natural person) without Lende~'s prior written consent lender may, at its optlo~, requlra immedlate payment in tull ~
of al! aums secured by this Secu?iry Instrument Howaver, this optlon ahall not be exercised by Le~de~ if exerciae is
prohibited by fe~de~al law as of the date of this Security Instrument Lande~ eiso shali not ~xe~clse this opiion ii:
Borrower causes to be submitted to lender intormation ~equlred by Lender to evalu$te the Intended transferee as
if a new loan we~e being made to the trenaferee; and Ler~der reeaonabiy determines that Lenders security will
not be impaired by the loan aasumption end that the ri~k of a b~each of any covenant or agreement in this Security
instrument is acceptable to Lender.
To the extent permitted by applicabie law~ lendar may charpe a reaaonable fee as a condition to Lende~'s
consent to the loan esaumption. Lender mayalao rsqutrelhe!?ansfaree to.~ign an assumption agreement that is in
acceptable to L.ende~ and that obiiqatea the transferee to keep ali the promiaes and agreements made in the Note
and in this Security Instrument Bonowerwill continue tobe oblbeted undarthe Note and this Securiry Instrument
unless Lender releases Bo~rower in wtitin¢
If Lender exercises the option to requ+re immediete paymen! In ful~ Lender shall give borrower notice of ~
acceteration. The notice shell provide a period of not less than 30 deys from the date the notice is delivered or
mailed within which borrower must pay all suma secured by thia Securiry Insirument If borrower fails to pay these '
sums prior to the expiration of this period, Lender may invoke any remedies permttted by this Security Instrument ~
without further notice or demand on 8orrower. ~
i
,
BY StGNING BELOW, Borrower accepts and agreas to the terms and covenants contained in this ~
Adjustable Rate Ride~
~ . ..........1~ (V~"..s-.....~.. (Sean ~
Jam Drew Hess •Borrower
. . . . . . (Seaq
/Carol L nn Ness his wife •sorrower
y ,
$'i
~551
~
' . '8~ FE8 -5 P3 .28
fitEa a~~~ ~ ~OR~~c~
i oouc~~s
f, ST. LUCr~: ;r: ~ ~ `'Y
. . . f:
M ,
~ '
~
~
Coast Abstract b TN~~ In:. Co. " U R '^j
i Treasura 600X ~ j~ PAI'iE t7~
2400 S.f. Midporl Road~ Suite 310
Port St. Luus. Florida 34952
, .
~v~!.-~t .y`~',-_.._'~!~''..~" _ . - ,1