201404853 - Laserfiche WebLink

Browse

��14�4553 be.ca��ed the "Calcu�ated�n��r�st Aa�e" far each Change Date. The Cal�ulated Znterest Rate wi�I be compared to the Ynterest rate in effect irnm�diate�y prx�r�o the current Change Date�the"Ex2sting Interest Rate"}. � � � The Ca�cu�at�d Znterest Rate wxl�n�ver�ncrease above 12.4fl4°/v � Th'e Ca�cuiated Int�rest Rate will be ad�usted zf necessary to co�npl��vith the rate��mitation(s�describ�d ab�ve and v�ill be in effect unt�I the nex��hange Date.At any chang�date, �f the�alculated Interest Rate equals the Existxng�n�erest Rate,tl�e i�terest rate wi11 not change. �3.�econveyance. Upvn payment af.a1I sums secured by th�s Security Instrument,Lender shall request Trustee�v recanvey the Proper�y and sl�all surrender this Security Instrument and aI1 no�es�videnc�ng debt secured by this Securrty Ynstrument to Trustee.Trus�ee shal�reconvey the Pr�perty v�rzthaut �arranty ta the persan or persons 1egally entitled to it. Such person�r persons sha1�pa�any recordation cos�s.Lende�-�nay charge such person or persans a fee for recanvey�ng the Prop�r�y,�ut on�y if the fe� �s paid to a thzrd party�such as the Trustee�for services rendered and the charging af the fee Ys permitted under appl icable�aw. 24. Su�st�tute Trustee.Lender,at its option,may from time�o time remove Trustee and appoint a suc�essor trustee to an}�Trustee appaint�d hereunder b�an instrument recarded in the county in which this Security�nstrument�s recorded. Without canveyance af the Pr�per�y,the successor trustee sha�l succeed to a�l�he title,pav�er and duties conferred upan Trustee her�rn and�y appli�ab�e 1av�. �5.;Request for Notf ces.B�RR��ER HEREBY RE�UESTS THAT,UNLES S �THER�ISE PRES�RIBED BY LA'L�, A��PY�F ANY N�TrC��F DEFAULT�R NDTICE�F SALE PURSUANT T�THE NaNJUDrCIAL F�RE�L�SURE�F THIS DEED�F TRUST BE MAILED � T�B�RR��ER AT BC�RR�'L�I�ER'S MAILTNG ADDRES S S ET F�RTH HERE�N. 2�.R�ders to this Se�urity Instrument.If one or more riders are execu�ed by Borrower and rec�rded toge�her with�his Secur�ty�nstru�nent,the c�venants of each such r�der sha1�be�ncvrporated into and s1�a�i amend and supple�nent�l�e cavenants and agr�ezr�.ents of this Securit}�Instrum�nt as�f the r�der�s� were a par�of this Securrt�Ins�rument. �Check appl�ca�ble bo��es}.� . �ondomxnium Ri der PXanned Unit Develapment R�d�r �ther[Specxfy] � � BY SIGN�NG BEL�W,Borrav�er accepts and agrees t�the terms and�ovenants contaxned in this . Securit�Instrument and in�any rxder�s}�executed by B�rrov�er and recorded v�ith�t. � - �SEAL� � .� � Donna J�astor � Da� � L �SEAL] • �.�� Chester��astor Date ; . .� � Page 9 of I 1 � HE�M Secand Deed Of Trust