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<br /> 91- 10283i
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<br /> �� �, aend to thQ Boreowor� by United Statea mafl� writtien notlae of the Varlable �
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<br /> � �.--r-~� - Inteceat RaEe and the aawunt of eaah monthly inatallm�nE for the 12 �onth L__ _____�.�_
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<br /> . �:'�� period folloWing auch Change Date. Any error in auch notiae, inoluaing, but �%�`"=--
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<br />�=,��•� ' ,::_�;.� not limited to, the Variablo Intereat Rate and payment amount therein aet
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<br /> � -�.r . . ..: " forth� aBall not emend or oxher+rise diminish or afFeat BorroWer's obligation =__ _ _____
<br /> to repay the indebtedne�a evidenced hereby at the rates of intereat and in ~�.� ---
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<br /> the installoent amount$ required purauant to tihe otiher proviaiona oF, this --
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<br /> �, '.. r.:�.���'� {; Agreement and Note- --- -
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<br /> �"s„ �' �r}� 2. All paymerts on aocount of the indebtedness evidenced by th� Note �<'�::������
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<br /> ����� �A'i' ahall be f irst applied to the payinent of acorued but unpaid intereati and the •_ �'���-°�
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<br /> r.� '� ��� � excess remalning thereaiter ahall be aredited to principal. .:������•�
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<br /> 3. All payo►ents hereunder.shall. be made to LCEr at 1333 3. Kirkuood �. _� ,�'��_
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<br /> • " ,� Roa�d, St. Louis� Missouri 63122, or at such other plaoe as the LCEF aay from ,,,,f;�,,K,_.�
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<br /> �,r' ' time Co time designate in writing, delivered o� �flad to tha Makar. ,- -m .,- ,,,,,�__
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<br /> ��.".f�i�%',,.I;1' , 4. l9aker reaerves the right to prepay all amounts due hereunder in '"'"'�;,,4.t� ;r=.�..`�;���
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<br /> ���� � whole, or aub�ect to the aonditions hereinafter stated, in part, on any ,';;�.'.: --
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<br /> � installment paya�ent datie without premium or penalty and without prior notice -�� �� -�__a_�
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<br /> ' - - �� to the 4CEF. Any suoh prepayment shall be first applied againat accrued but °�z---�-
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<br /> �:,;?:;4•�; unpaid interest, and the exoess� if any, shall be applied againat principal� � -
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<br /> in the inverse order of aatual maturity of installmenta hereunder (i.e. , �'°�����-
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<br /> . r�.. • st�all be first applied against the final monthly installment). No sueh •�-:`���`
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<br /> . , �'�'�'s��'1f �� partial prepayment shall relieve Plaker of its obligation to pay the required , -.. ,��.
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<br /> �; ,;., �� monthly installments hereunder unril tihe entire indebtedness, together with
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<br /> � „�!�_ �' ' ' interest� has been paid in full. I
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<br /> ,.�,;::f;� 5. In the event that Maker shall be dissolved, merge with any other �
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<br /> � ti ..;';`,;`;;.:',' congregat!on, oease to be a member aongregation of The Lutheran Churah-
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<br /> ?�":<'��' Missouri Syr,�d, or cease to u�e the real estate s�str�ect to the aforementioned ,
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<br /> de�c� 04' trust or mortgage for regular wocsh.ia services, or for school. .
<br /> pargoc�age, �eacE�erage, or other religious purpases. t�e entfre principal sum „
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<br /> remaining ue�pafd hereunder, together with accrued int�rest, may be declared
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<br /> Prepared by and return to:
<br /> • Kent D. 4Jilsan, Asst. Loan Officer
<br /> Lu:heran Church Extens ion F'und-
<br /> Missouri Synud
<br /> � 1333 S. E{ir►awod Road
<br /> ' 3t. �ouis, Mo 63t22
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