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201204786
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Last modified
6/28/2012 4:22:10 PM
Creation date
6/15/2012 2:07:27 PM
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201204786
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2012047�� <br />NOW, TFiEREFORE, in coneideretioa of the foregoing, ffie paztia hereto agrea that t�a Nate aad Seourity <br />Inehu�nt are haeeby reaevwed, ax�ded eud/or � es follows: <br />Items 1 tl�ough 10 below sl�all, as applicable, mnend, modif3' aad rePlace �osa <br />itema in the NaLe as originally writtea to the �roaaacy, ea follows: <br />1. BORROVf►ER'9 YBONII9E TO YAY <br />ln rehn�n firn� a l�a d� I have recetwed, I prami� ta pay U.S. $ QO (this amoimt ia celled <br />°ptincipel°), pfus inter�k to die ondrr ofthe I.ender. Tho Lender is <br />PREI�R SOME MORTGAGE, ING <br />I imdersmnd dmY t}� Londer may transfa� tbis Nate. Z}ro I.endar or a�ryaae � tekww tlris Note by <br />tsanafar snd who is m�titled to r�alve paym�rta underthis N�e is ceAed the "Note Holder." <br />2. IINTL�RF,S'I' <br />Intarest w71 be chArged on uapaid priacipal unttlthe full emouot of priucipal has � paid. <br />I w71 pa,q inborest et a yeetly iate of450%. <br />'fhe i�+est raie requ�red by this Sectloa 2 Is the sate I wip �y bo� lrefose aad after eny <br />defeult � in Socdcn 6(B) ofthisNota. <br />3. PAYM�IVTS <br />(A) Time and Plsce of Paymeafs <br />I wIll PaY P�P� ��b3' �E P�Ym� �Y � <br />I w7t make a►�' m�th1Y PaYm� on the �nst day of �ch month beg¢m�ing an MAY i, <br />2012. I wIIi mal� these payme�s ev�y mo�. u�Il I have �id aQ of the principai end <br />iutor�st aad ar►y a�ther c� d�od bebw t}mt I may ov►ree uuder ihia Note. My mo�hly <br />Aaym�ts w�71 be applied to i�t befo:e prBSaipel. I� an APRiL 1. 2U42. I still owe <br />ematm�s under tWs Note, I wIll gay tlso�a emouut in fiill on tlmt da6�, w�ich is celled fha <br />°�,�° <br />I w�71 meke m�' mo�htY FaY� at 1220 MT. RUSHMORE SD #2, &!PID C1TY, SD <br />57701 or et s diff�rent plaae tf required by � Not� Holder. <br />(B) Amonnt of My Initial Mo�6lyPaymenb <br />Each mo�hly paymeut of principal end interest wlll be in tl� emnwrt of U.S. $ 629.�15 <br />d. BORROR'ER'9 RIGHT TO PREPAY <br />I have tbe r1gHt to mal� payme� of principal at eny time befnre U�y ace dne. A payment <br />of grincigal on[y is kuown es a°prepaymem.° Whan I meke a pregayment, I wIll tell the <br />Nats Hol�r mvvtitmgthet I am doing so. <br />1 s�.y meke a tiili prepay�nt or peR�l prepayime�s withrnrt paying eaY prepaYme� <br />chergo. The Note Holder will use all of my prepa,ymems ta reduce the amonat of prIndpal <br />lhat I awe +mder this Note. Sf I make a parfial ptapayme� the�e w�l be no oLengae in the <br />d� da�s of mY monthlY Pa9m�a iml�s the Nobe Hoid� ag�ees in writmg to � <br />oheugas. <br />S. LOAN CHANGES <br />If a law, whiclt applies to t}de lcren �d which aats me�um lomi chargos, is finally <br />� sa �t the iatecast � other l� chaz� collec�rl ar bo ba oolleated 'm <br />�nnoction with this loan wcaeed the po�miited 1'm�its, then: (� aay auch loaa cherge shall <br />be � by �a emount n�ry to �me the charge to the permitt�d 1imi� end fn7 aay <br />sums als�dy colle�ed flam me tt�at exceeded permitted l�its will bo �efanded tc me. The <br />Nato Aolder may choose io meke thia refiwd by reducmg the pr3ndpai I owe under this <br />Nat� or lry mekiag a d'neat perymaent to u�a. If a mfand teduoes princaipel, the rednction w�l <br />i� tre�d as parNal P�Y� <br />Page 2 of6 Pagea <br />
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