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202208830 <br />1. BALLOON PAYMENT <br />THIS LOAN IS PAYABLE IN FULL AT THE END OF 7 YEARS. <br />BORROWER MUST REPAY THE ENTIRE PRINCIPAL BALANCE OF THE LOAN <br />AND THE UNPAID INTEREST THEN DUE. THE LENDER IS UNDER NO <br />OBLIGATION TO REFINANCE THE LOAN AT THAT TIME. BORROWER WILL <br />THEREFORE BE REQUIRED TO MAKE PAYMENT OUT OF OTHER ASSETS <br />BORROWER MAY OWN, OR BORROWER WILL HAVE TO FIND A LENDER, <br />WHICH MAY BE THE LENDER BORROWER HAS THIS LOAN WITH, WILLING TO <br />LEND BORROWER THE MONEYAT PREVAILING MARKET RATES, WHICH MAY <br />BE CONSIDERABLY HIGHER OR LOWER THAN THE INTEREST RATE ON THIS <br />LOAN. IF BORROWER REFINANCES THIS LOAN AT MATURITY, BORROWER <br />MAY HAVE TO PAY SOME OR ALL CLOSING COSTS NORMALLY ASSOCIATED <br />WITH A NEW LOAN, EVEN IF BORROWER OBTAINS REFINANCING FROM THE <br />SAME LENDER. <br />2. NOTICE OF MATURITY <br />At Least ninety (90) but not more than one hundred twenty (120) days prior to the <br />Maturity Date, Lender must send Borrower a notice which states the Maturity Date <br />(assuming all scheduled regular monthly payments due the date of the notice and the <br />Maturity Date are made on time). <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants <br />contained in this Balloon Rider. <br />p.-�n <br />Paul Pedroza <br />(Seal) (Seal) <br />-Borrower -Borrower <br />C.k 1 �\ (Seal) (Seal) <br />Patricia Jo Ped -Borrower -Borrower <br />[Sign Original Only] <br />BALLOON RIDER <br />Laser Forms Inc. #CHA116 8/22 <br />Page 2 of 2 'III <br />�11.ti <br />lun <br />