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<br /> t� LO�M 1: 010967614
<br /> �. � • BAY.I.UON NCf'i'� ADD�NDUM 9�°�y,C3�i�'�
<br /> (CQNDITIOIVAI.RIGHT'TO I2EFINAN�CT) ---
<br /> 4YN NOYEMR@R 92 �
<br /> -= —
<br /> 7HIS BALt004 NOTB APllENUUM b m�de�his............dry of_.................................. 19....,md is incor(wdlcd INO�nd �-:._
<br /> shill 6e aetmW m a e d nd tu le cm the D+Ilaon }�oe mnde by the usdencigncd phe •'Iforrower") in fuvor of �=u�:-,_
<br /> C.ORIApTG1E�Re�l1'il �IROfE �Q2 GOP oTet�a�
<br /> ................... .................................�..................�............................................_(Uw"Lender y and da�cd�hc same dn�e n� 7�r._..
<br /> __;
<br /> �hisAddrndum(Ihe"Nom").Theinteratn�ssuudantheNotelswllad�he"NoteRate."TM1edamohheNoteisulled�hc•'Noic �°-
<br /> _ t�:ig`y'!'
<br /> Dau.••
<br /> ___ 1 q6o Oo�tower)undentnnd�he Lender m�y uanikr the Note,U�e rel�tal Mortgoge,pecd of Trusi or DeW m Secure Do4�Qhe �;;,;;.:
<br />- "Secndq InslmmeN'�and ILIs Addendam.7i:e Lender or enyone who�akes�he Note,Sccuri�y tnstremenl and this Addendum Ly ,.;;;,:.:
<br /> _= uar.xftr ar.d nta ts zetitlW to rr.xi�x�5�'-nts undrr P•e Notc is eai¢d ihe"Nom Ho!der.•• �'
<br /> .��v ADD17tONAaOmYtrT�tANP&. [aadditioniotiuem�enoN+andagreem,eatsintCeSccurity0astrv-ect,L�"orroceer,andLender, � ;
<br />�_ = funher cnvcnant aod rgrr.as fd'uns p:ayite any�TW3 to ihe wr.lrary ec:txie�n Ure S.�cericy lnxtRment or the Note): ���-_:��-
<br /> __
<br /> -:.�a 1.C�?.'R17ID�lALAIOFft'fOff.FkF.�IAT�C£ ,
<br />.,,.�� 1�the m�lud�y date ot�he Nou and S:cun�y0�i��}t 4U+s"Note r1���1}ati').1 wvl be abI^to obtsin a�a 1,xn � {i -��.
<br /> . � �
<br /> � 1..Kcw Loan")wlih a ner tdmm�ty Duc a£_..._.............._..............................._.(tAe"New AfawriiY Dste')an.l ai[a an 5 ..
<br /> _ 9nterrst nte eqcil to tM1e"New Lan R��c'drtttr.imcd In u�cordaMe wi�h S:ction 3 6elow if il�h:ca�+:xns providnl in �
<br /> �' -EZCtions t and S 6eiow are met(�he•'Condirios..t Rcfinana Option'�. If ilese mnditions orc na ma.� andasund thu the r .
<br /> ,��� Noi�HolderisuodernooDlig�tlonlorzfinmce�hc:�de,ortomedifytheNotqrr•ttheNoteRnte,orextrr.G�hrNo�.eM.Nd�y s
<br />�-'`-;f Dnu,ynd thu 1 will have to rep�y the No�e from cuy own raanrra or finA a lendcr wlllian to te^d me�he monoy�c icpay chr �<r�-� -
<br /> tn�;'
<br /> �� Nota � � -..
<br /> - ",'-, t.CO�DITIONS TD OPTION �, --
<br />`";�� If I want ro�erdse�Ae Condi�ional Refinance Option,nnaln ooaditions must M mn u of the Note Mamd�y D�ta Thae - -
<br />�-J3";�" cendi�tons arr.(q I mus�still be�he owner and aecpant cf eh.:propeny subJee��o the Sm�ri�y Instmment(the•'Propeny"k """'
<br />"''.��� (1)Imus�txcurrentinmymomhlyqymcrosendcamothmxieenmorethan30d�yslanartacyohhel2xhcdulcdmomhiy .�1,';.;''-
<br /> '�}{- {�i7menis immediateiy prcading the Note MawAty Daro;(3)�here are no lirns,dc(�cls,or ea:r,.:branecs og�lnsl lhe Property, ;r, �
<br /> v'-�� ' orahcr�dversemancnaf.alingtitlelo�heProperty(exeept(orlaxaandspecid�ssessmcntsnolyeldueandpayable)adsing
<br /> r..a.,-��;j e�u�he Secud�y Imuummt wu rccordN;(4)the Tew I.can Ra�e cannot be more thm 5 pemntage potnts above the Nom =:.�_�
<br /> 'i knre;�nd(5)!nnst m�ke a wrLisn«qua�lo�he Nou}3�1:ir As providcd in Section 5 bclow. c,_..;
<br /> �t�� 3.CA7rC371AT1N0 THB LOAN NOTE RATE � ��
<br /> �,, �{r
<br /> The New La+n Rnte wfll be a fixed nle ot imcrnt:qcat io ihe Ped<rol Home I.oaa Mongage CorpotaP.on's rcGci:sd nel � �
<br /> i ��� yleklfor3Q-}cacfixedratemotlg�gasubkenea3Ldaymanda�orydeliv¢foa,r..el�mem,p!usoae•hatfeQone�ruat(0.5'Yo), ��.
<br />� °'��� roundtS lo�hc neeral on..�ghih of one arttnt(O.it7ifc)Bhe"New Lonn Rate').The rsquired n�l yi�M y7+ad te IF.e a;plieable -%`
<br /> :'"41 n;1 rieid In e(fat on Ihe d�le and lime of day 1Aa1�he No:e}Io1Eer recefva nolia of nyekctnvi 10 ezercis:t�e Cto:�<ional � ;�
<br /> .-...u3Ci R<nnana Op�lon. If�his aqulrcd nct yidd is no� avaiintle,ihc Note tiolder will dcier�ine�Ae New I.onn Raie Dy using l�.�_,�
<br /> ,y �''� comparableinlotmatton. e � r•
<br /> �� 4.CALCU4ATINGTHENEWPAYAfENTA�fOU!43 ��
<br /> _�� Prodded IM1e New I.oan Rate as calculaled in Salion!a4o.e is not grealer than 5 perunuge po!nls above Ihe Nole Rate �,
<br /> amt all olher WndlBons rryuired In Sec�ion 2 aborc etc e.i:nr,:d,1ht Nole Iloider wlll dctermine lhe�mount of ttr.ownthty )��
<br /> ���`;� Tnymant�hat wi:l be suffidmt ro«p�y in full(a)ihe unpaid pdncip�l, pius @)eocrucd but unpild intera6 plus(cJ aR other (,
<br /> �-n� aums I uill ow�tunder the Note and Sccurity Instmmrnt on Ihe Note Ma�ud�y Da!e(auuming my momhly p�ymer.e lSen nre ! �
<br /> v t.5+� �A .,
<br /> yr� curtanl,as reqcircd ender Secllon 2 nbove).over�he mrm of�he New Loan ar.fie New Loon Rue in equal momhty D+Ymrnis.
<br /> +� 7he rnuil of Ih's calculalion will be lhc amounl ot my new pdncipal and tntnat pnymcr,l evcry momh unlil Ihe Nea E.oan ic
<br /> xY' Ya:L'.paid. � Yb�.
<br /> � �
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<br /> - 6. £%ERQ31IVCT1IECONDITtOYALBEFINANCEOPI'!Oti -.
<br /> v�,� � ='
<br /> The Noie Ilolder wiil notify me at Itast 60 calendar days in advance of Ihe Note Maluriry Da.e a,vt aAviu me of ihe �,a �-
<br /> pdncfpal,attmed bm unpaid Inleraf,and all other sums i am expnlcd lo owc oo�hc Notc Malcfll>Wr:.Fhe No;e}loldtt � �
<br /> --:,�� aim will advise me that I may cxercfsc Ihe Condi�ional Rcfinar.tt Option if lhc mrditiom in Scclion 2 alwvt nrc mq.The Nole ia���-
<br /> -�? Hoide!xill proride my paymenl nrord informaiinn,inguier Wilh Ihc name.litle and address of lhe persOn r<presrn�ing tht t �
<br /> ���1} Note IIo!der Iha� I mus�noli(y in order lo ex<rcise Ihe Condnionel Refinance Op�fon.If 1 m«l 1he mndi�ions o(Stctian 2 }�
<br />�-:;;�.y� above.1 mny eaercise�he Condilional Refinance Op�ion bY no:ifying the Note Hoidcr no eariier ihan 60 eaicndar days and no 1. e�t-�
<br /> �:;F}j{ la�<r Ihan 43 ra!rniar dayi prior to ihe t:me]lawrily Daie.The Nofe fla:Cer will calcula�e�he fixcd New Loan Rate baud � ��•���-
<br />:;;:y};J�j upon�he Pcd<nl 71ome Loan Mongagc Cerpo�a�ioni npplicable pu:fas[rd ce:�uittd nel yictd in<Rttt on ihe date and timc o! i��-
<br /> "'N day nmi5calion is received by the Note flo:drr arA as<alcuimad m&:m»)a:ore.I willlhcn hme JOcalcndar dap to provide 4„•�.
<br /> • � tEr Vote Holdrr�rith accq�.�{:;rmf cf in��eqvired ownvnhip.u«_a:c}aad propeny lien s�aWS.Ikfore the Note Mewri�p ��__,'.
<br />�::Fi fi Detr the 4ou Ho!der xill at.i.:r..e��'.i!s r.ex im«nt rate Ohe Ke+ iaav Rak).new monthly paymenl amounl and n Jme. j�••>.
<br /> �:S�Y:)Y �im<ar.d plae<a ahieh I muel arpeat:: ti.�r_�n�documenls rtqw:<d ra eempint Itu fequirad rcfinnncing.1 undtnlund�he �"..
<br /> - KoteHo!deroJlcharytem<a51'O��ae..:rg:ec�adthe.mnasv�na�olxi�hthanereiuohheCondi�imiolRtfinanceOption.
<br />� ir.:lud:ng but r.o:h:mled�o ih<cmt n(ul��'�:.F��<titl.ina--'xe:e(nhey. -
<br /> ��-•��� �t�SIG91vG O[IOW,UORAU«"/Y 9:CC('.t]LG ejS:G 10IF.t([Itib 8OJ CO�tl�dNS tVa1011�N III IM1IS UdIL101�iCOif A�dflidllll�. � '�-
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