HomeMy WebLinkAbout0962 /~_i,as~.,.•~- ~ C 2 i ,
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Notice of Changes
"fhe Note H~~lder ~~~ill mail c;r deli~~er to me a nutice of any cha~iges in the amount of my monthly payment before the
. elTective dale of any change. 'Che notice will include information required by law to be given mc and also tl?e title and
telephone number of a person ~aha will ans+~~er any question ! ma~~ have regarding the notice.,.
~3. CHARGES; LIENS
Uniforni Covenant 4 of the Security Instrun~ent is amended to read as fc~llo~ti~~:
4. Charges; I.iens. Aorrawer sh~~ll pay all taxes, assessments, and othcr charges, fines and impositions aUributable to the
Yroperty which may attain a priarity ~~ver this Security [nstrument, and leasehold pa}~ments or graund rents, if any, in thc
manner provided under paragraph 2 hereof or, if not ~aid in such manner, by I3orrower making payment, when due,
directly to the payee thereof. [3orro«•er shall prornptly furnish to Lender all notices ~f amounts due under this paragraph,
and in the event t3orrower shall make payment directly, Aorrower shall promptly furnish to Lender receipts evidencing
such payments. f3orru~~~er shall ~romptly discharge any lien which has priority over this Security Instrument; provided,
that Borrower shal) nat bc~ reyuired to discharge any such lien so long as I3orrow~er. (a) shall agrec in writing to the
payment of the obligation ~ecurrd by surh lien in a manner acceptable to Lender, (b) sh~ill in goocf faith contest such lien
by, or defend against enfi?rcement ~f such lien in, legal proceedings ~~~hich in the opinion of Lender operate to prevent the
enforcement of the lien or t'orfeiture of the Yroperty or any part tticreof; or (c) shall securc from the holder of such Iien an
agreement in a form satisfactory t~i l.ender sut;ordinating such lien to this Security Instrument.
If Lender determines that aU or any part of the !'ropert}~ is suhjcct to a lie~~ ~vhich may aUain a priority rner this Securit~~
Instrument, Lender shall send E3orro~•er notice identif~~ing such lirn. f3c~rro~~~er shall satisi~~~ such lien or tak~ one or more ot
the actions set forth above within tcn da}•s o( thr ~;iving of nolirr.
C. :YOTICE
Uniform Covenanl 14 c~f the Secun~p Instrum~nt i~ amended tu rrad a~ Follo~~•s:
14. Notiee. Except for an}~ ne~tice reyuirrd under applicat~lr law tu be give~~ in another manner, (a) an~~ notire to
Borrower pro~~ided for in thiti Serurit~~ Instrument ~hall be gi~~en b~~ delivering it ar by mailing it by first class mail
addressed to Borrower at the f'ro~ert~• Address or at such other a~idress as f3orrower may designate by notice to Lender as
provided herein, and (b) an~~ notice to Lencfrr tihhll be gi~~en by first class mai) to Lender's address stated herein or to such
other address as l.ender may design~te by notice to f3orrower as F~ro~~ided herein. An~~ notice pro~~ided for in this Security
Instrument shall be deemed to ha~~e tx~rn gi~~en tc~ I3c~rmwer or Lender ~~~hen given in the manner designated herein.
D. U~'IFORM 1iURTGACE; GOVERtiI\G I.A~~'; SE~'ERABILITI'
Uniform Covenant 15 is amen~ied to read as fc~Uc~« ti:
15, Uniform i~Tortgage; Governin~ I,aw~; Severabilit}~. "I'his form u( S~rurit~~ In~trument combines uniform covenants
for national use and non-uniform covenants ~sith limit~d ~ari~tie~ns F~}' JUfls(~ICiIOn to cunstitute a uniform securitv
instrument covenng real propc:rt}~. This Securit~~ Intitrument shall he go~~erized by federa) law and the (aw of the
jurisdiction in which the Property is located. In tl~e c~~ent Ihat any provition or clause of this Security Instrument or the
Note conflicts ~+~ith applicable law, such conflict shall nut afTect i~ther provisions of this Securit}~ Instrumei~t or the Note
which can be given effect without the conflicting pro~~ision, and tu this end the provisions of this Security Instrument and
the Note are declared to be severable. . r
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E. NO FUTURE ADVANCES ~ ~ - •
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Non-Uniform Co~•enant 21 of the Securit~• Instrument ("F~utur~ Ad~~ances") i. ~iektrd. t!:: ~~~3~/ o~
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F. LOA?V' CHARGES - ~
If the loan secured by the Securit}• Instrument is subjrct a la~~• which sets maximum loan char es and that la~s iti ~ 1•
g , . fina I}
interpreted so that the interest or other loan charges rolleeted or to be c~~llected in connection w~ith the loan exceed
permitted limits, then: (1) any such loan charge shall be re~iuced b}~ the amount necessary ti~ reduce the charge to the
permitted limits; and (2) an~~ tiums alread}~ cullerted from Borrawer w~hich exceeded ~ermitted limits will be refunded to
Borrower. Lender may~ rhoose to make this refund by reducing the prinripal o~ti~ed under the Note or b}~ making a direct
payment to Borrow~er. If a refund reduces prir~ripal, the reduction wilf be treated as a partial prepa}~ment under the 1`'ote.
C;. I,EGISLATIUiv
If, after the date hereof, enactment or expiratian of applirabie laws have the e(T~ect either of rendering the provisions of the
Ncte, the Security Instrument c~r this Adjustahle Ratt Rider (other than this paragraph G) unenforceable according to
their terms, or all or any part c~f the sums seeured hereby uhcollectahle, as otherw~ise provided in the Security Instrument
and this Adjustable Rate Rider, or of diminishing the value of Lender's security, then Lender, at Lender's option, may
declare all sums secured b}• the Securit~~ Instrument to be immediately due a?zd pa}~able. In such event, I3orrower shall not
have the riFht to reinstate otherH~isc pr~vided in Non-Unifc,rm Co~~enanc 19 of the Security Instrumen[.
IN WITNESS ~'VIIEREOF'. E3orruwer has executed this A justable Rate Rider_ f?
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- ~ S/, even E. Greenwoo
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...................(Seal)
c, i r;~:;. . . ~arbara L. Greentabod
_ . -Borro+~•er
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• , . Doz'othy ~MOlloy -Borrower ;
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' ~1R n~ ~.y (Sign Orig~na{ On/y) >
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