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s � � <br />S <br />90,100573 <br />a. Twelve (12) consecutive monthly installments of Three Thousand <br />Hine Hundred Fourteen and 73/100 Dollars ( =3,9113.73) each shall be- <br />due and payable beginning on the 15th day of December, 1990 and on <br />the 15th day of each and every month of the next succeeding 11 <br />calendar months thereafter,. <br />h. The, m=t of each monthly. Wjs1taESw nt; due and payable on each <br />(ir ttte delve instaUment; due datias sufr.acding each Change Date <br />aril. he t�bee amount (determined by LCLF) which shall be sufficient <br />W )reM in gUl as of t1hr: Natp =lty Date the principal balance <br />emi nS on Asa cm Cha. #e . 0a':e, tr,ffiretber w1th interest thereca ©vrer the <br />remainimg treme of the loan at- tt Variable Interestt Bate a317 ounced <br />for such Change Date;, in equal monthlyy installments. Such monthly <br />payment sball.be t�he paymemt a=unt due each month until the first <br />installment /Awe date fDa+Z1*u1zgS the next Change Date. <br />S. Notice. Thlrty days in advance of each Change Date, LCEF shall <br />sent to the Borrower, by United States maU, written notlam of the changed <br />va ule gat—mmes Acts± and the amount of each payment to be made for the 12 <br />month period following such Change Date. Any error in such notice, <br />Including, but not Zimited to, the Variable Interest Rate ami payment amount <br />therein set fbarth, shall not-amend or otherwise diminish or iffeat lorrower °s <br />oblEgation to repay the indebtedness evidenced hereby at the dates of <br />interest and in the installment amounts required pursuant to the other <br />provision of this Agreement. <br />6. Security. The Note, as extended by this Agreemerrt• ihsiS continue <br />to be secured by the Deed of Trust recorded May 21, 1987. <br />7. Ratification. Except as caedlfled herein, all a1 hm? terms and <br />ccnditiaa. %'of the Note are hereby ratified and carfirmed in all respects and <br />the notxe.1kaU witLaue to evidence the indebtedness and promise to pay <br />extended by this'igreeiment. <br />IN !;FITNESS WHEREOF, this Agreement has been executed as of ,this 15 tray <br />of November , 19 90. <br />PEACE LUTHERAN CHURCH OF <br />GRAND ISGA KA <br />V, <br />BY r <br />ui <br />Scott Madison <br />3. <br />LUTHERAN CHURCH EXTENSION FUND- - <br />MISSOURI SYNOD <br />BY: <br />Carolyn- Schlimpert - Asst. <br />Vice President - Mortgage Loans <br />` —_- <br />u <br />Ck '- <br />1) <br />..F <br />I <br />7 t'• <br />