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201804542
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201804542
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Last modified
12/9/2019 6:42:39 PM
Creation date
7/16/2018 11:07:16 AM
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DEEDS
Inst Number
201804542
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201804542 <br /> LOAN#: 17024 <br /> BALLOON RIDER TO SECURITY INSTRUMENT <br /> For valuable consideration, receipt of which is hereby acknowledged,the undersigned <br /> agree that the certain Security Instrument(Deed of Trust/Mortgage/Security Deed)of even <br /> date to which this Rider is attached shall be subject to the following provisions, notwithstanding <br /> any provisions to the contrary contained in said Security Instrument securing same: <br /> BALLOON PAYMENT <br /> This loan is payable at the end of SEVEN ( 7 ) year(s). <br /> You must repay the entire principal balance of the loan and the unpaid interest then due. <br /> The lender is under no obligation to refinance the loan at that time.You will, therefore, <br /> be required to make payment out of other assets you may own, or you will have to find <br /> a lender willing to lend you the money at prevailing market rates, which may be <br /> considerably higher or lower than the interest rate on this loan. If you refinance this loan <br /> at maturity, you may have to pay some or all closing costs normally associated with a <br /> new loan, even if you obtain refinancing from the same lender. <br /> At least ninety (90) but no more than one hundred twenty (120) days prior to the <br /> Maturity Date, Lender must send Borrower a notice prior to the Maturity Date and the <br /> amount of the "Balloon Payment" which will be due on the Maturity Date (assuming <br /> all scheduled payments due between the date of the notice and the Maturity Date are <br /> made on time). <br /> `Mlik J20.06 1.76/46 (Seal) <br /> AMY M BOL S DATE <br /> 7f�/ (Seal) <br /> SHANE R BOLLES DATE <br /> (05/00) Initials: _S `∎� <br /> Ellie Mae,Inc. P3532BLR 1017 <br /> P3532BLL(CLS) <br /> 07/09/2018 01:47 PM PST <br /> 11 V • <br />
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