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200107601 <br />LOAN NO. 3427563 <br />BALLOON PAYMENT RIDER TO NOTE AND SECURITY INSTRUMENT <br />THIS BALLOON PAYMENT RIDER is made this 2 0TH day of JULY, 2001 , <br />and amends a Note in the amount of,$ 76, 5,0 0 . 00 ( the "Note ") made by the person(s) who sign below <br />( "Borrower ") to HOMEOWNERS LOAN CORP. , <br />( "Lender ") and the Mortgage, Deed of Trust, or Security Deed (the "Security Instrument ") dated the same date and given by <br />Borrower to secure repayment of the Note. <br />In addition to the agreements and provisions made in the Note and the Security Instrument, both Borrower and Lender <br />further agree as follows: <br />IF NOT PAID EARLIER THIS LOAN IS PAYABLE IN FULL ON JULY 25, 2 016 , <br />(THE "MATURITY DATE "). BORROWER MUST REPAY THE ENTIRE UNPAID PRINCIPAL <br />BALANCE OF THE LOAN AND INTEREST THEN DUE. THIS IS CALLED A 'BALLOON PAYMENT ", <br />THE LENDER A UNDER NO OBLIGATION TO REFINANCE THE LOAN AT THAT TIME. <br />At least ninety (90) but not more than one hundred twenty (120) days prior to the Maturity Date, Lender must send <br />Borrower a notice which states the Maturity Date and the amount of the "balloon payment" which will be due on the <br />Maturity Date (assuming all scheduled payments due between the date of the notice and the Maturity Date are made on <br />time.) <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Balloon Payment Rider. <br />(Seal) <br />TED H. ME AR Borrower <br />eal) <br />SHARD . ME RD Borrower <br />(Seal) <br />Borrower <br />(Seal) <br />Borrower <br />- Witness <br />Witness <br />BALLOON PAYMENT RIDER <br />BALRIDER <br />