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201307506
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Last modified
8/19/2014 2:24:04 PM
Creation date
9/13/2013 1:54:26 PM
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DEEDS
Inst Number
201307506
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Interest Rate "). <br />The Calculated Interest Rate will never increase above 12.809% <br />The Calculated Interest Rate will be adjusted if necessary to comply with the rate limitation(s) described <br />above and will be in effect until the next Change Date. At any change date, if the Calculated Interest <br />Rate equals the Existing Interest Rate, the interest rate will not change. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request <br />Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing <br />debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without <br />warranty to the person or persons legally entitled to it. Such person or persons shall pay any recordation <br />costs. Lender may charge such person or persons a fee for reconveying the Property, but only if the fee <br />is paid to a third party (such as the Trustee) for services rendered and the charging of the fee is permitted <br />under applicable law. <br />24. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which <br />this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall <br />succeed to all the title, power and duties conferred upon Trustee herein and by applicable law. <br />25. Request for Notices. BORROWER HEREBY REQUESTS THAT, UNLESS OTHERWISE <br />PRESCRIBED BY LAW, A COPY OF ANY NOTICE OF DEFAULT OR NOTICE OF SALE <br />PURSUANT TO THE NONJUDICIAL FORECLOSURE OF THIS DEED OF TRUST BE MAILED <br />TO BORROWER AT BORROWER'S MAILING ADDRESS SET FORTH HEREIN. <br />26. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded <br />together with this Security Instrument, the covenants of each such rider shall be incorporated into and <br />shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) <br />were a part of this Security Instrument. [Check applicable box(es).l <br />2 01307506 <br />❑ Condominium Rider ❑ Planned Unit Development Rider <br />❑ Other [Specify] <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this <br />Security Instrument and in any rider(s) executed by Borrower and recorded with it. <br />4 4 .a.Jf_ (SEAL) - 04� X <br />MYRALAUSE Date <br />Page 9 of 11 HECM Second Deed Of Trust <br />
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