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<br /> n (CONOITIONA6 MODIF CAYIO 8 BN810N OP LOAN TERMB) _�_
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<br /> r <;� �,1 TIIIB lALLOON RIOER b e�N M!� .M� Y � 199! ub 1� lnco rot�d lnt0 MW ���ll 6� � . � _ ___
<br /> ; dMnd to wn� onC aq1NM! tM HoM�, OsaC of Twrt or Oxd to twur�O�Ot ltlxi•Nwr11Y --
<br /> ��`t - � IntlnsNlY) oi tM �YS Oat��v�n by tha u�Nrslpn�0 INs ^DOrrow��") !o �wur� 4M EorroxaN• �`
<br /> 1 1`ir Ibto to�,� "^"O ,"�',,�o_A0�! w,,�/_Aw ! tttla ^�M7�r^) of l r'� _
<br /> m �� y` 1�s srs E�f� �nU oo�l�i�p�n� prop�rCy daia�lbsd !n h� E�eu� y InNnm�n rna loatW�4� - s
<br /> .�, �, � II211 YFBT 10UI6H BTRF[T ORAND ��AND. Ni 6��BE�O�l� �^ � - "--
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<br /> � � lt�a lnteraa! ro!e �t�ted en kM Hob f�e�ll�d tM ^Net� RNn^ ilr LL+b Of lha HON !� o�llid L.�;� t � _ -_
<br /> > ;s-�t�i tM '77eq O�t�^ I u�Grst�nd !hf L�r�w tnnsf�� lh� NoN B�eu�lty InitrWnt m7 this R1Gr. -- ---�-�� - �
<br /> �a*T�'`�� 1M Land��e��nyan� Mro tNcu tM Nol�. <M B�ovrlty Instna�n��E thio Rlda� by hanti�r �n!Mw '" ___
<br /> w .}��..a' '�' is entitl�d !o ne�iv� oay��nSe uM�r In�xoS� !�osll�d th� ^NOt� NolA�r^ �- T3�-�,�:_
<br /> `� �t; ` ir� >1a:���'
<br /> st ` ADDITIONAL COVENANTS. In waitton to th� eovmvnb uw �on�e�nt� !n tew E�wrily _? � t� �r.�Z n:__
<br /> + -��� Instn��nt. Borro��� �nd Lxw�r furlhar eoimfnt and �9h� �� tellox� (dupit� �nythlnp to thf �-��" "
<br /> ,':�4� eoMrvY �hfn�tl fn tn� 8�wrltY Instnaw�t or fM Ibt�l� i�- ' �d„!{�:,- .
<br /> 4`._'._�%R'� t,<3 �': -
<br /> x f''. 1. Conditlonal Modifleation end 8xtenalon of Loan Terma. �t tn• x.t�rity a�t.or tn�xot. :Yxs,� ; �z-.��,'::
<br /> �1,:�<�:�;»� �ntl E�eurity Instr�u�n! t4M'7laturlly OaSNI• I�111 6� Wl� to oxt�nA th�Xalurlly Oab !o "'=f� tifa,��>:. -
<br /> �_ r.i:: .Nly L 2023 . Nd catllly tM Hot�INto to th� ^HeAlflW Fix�d Rat�^ d�llnitx0 in -k„�� � r ' .:;
<br /> ' - -�� naoorEane�vlth S�otlon S b�loM Sf �11 th�Condltfon� Orovltl�tl !n f�otlon P wC G b�lo�er� wt lth� ��Av, e -� _,G�a,�'_:
<br /> -- 5.•': ConAltion�l Xod111o�tion �n0 ext�nalon OpHon^l. It ttws� eantlitlont�r� net a�t� I ub�rst�nE 3i�nF- �rv �� -
<br /> M1,;K'_�:.r� Mat tN Nob xoldv !s imd�r no ab110�tlm to r�Hnane� or wtllfy th�Nol�, or ta �xtxb 4h� :ts)�,;; ,,�_ �.1=�
<br /> t :(.; M�turlty ONb v�A tha! I xill luv� !a nO�Y tM Nol� �ro� �y om r�sourou or f!M � lu�M� �1111np •2i��s- �� y�__
<br /> t to 1�n0 e� th� nonW to npo7r t�� Hob. - �� � :- -
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<br /> Y , 2. Condittone to Optlom :r i �ant to.x.nss. tn. eonaitzo�.i noasesutaon .nd [.t•nszon � � i �"
<br /> '� }�. ,{;� OOtion at eeturify� o��t�1n eonEltlons wit 6� e�t �� of t�� N�tarlty 0.�t�. 1MS� eo�dltlans �ro� % 'frl^; j� �
<br /> . (1] I nu�t �tlll 6s tho owmr �nJ ooaNant of !M prona�ty suElw! to th� S�euritY Instns�n! ltM ' ,r t .m-��_--
<br /> ` ^prop�rty^b (27 I nust b� Nrnnt Sn ey eanthly p�ynlnt� �nd ofmot Nv� 6�M �on thm EO d�ya � .� � s ili -
<br /> � -' l�t� an �ny of fh� 12 sCh�Au1�0 �onthly pWmts 1��tl1�t�ly YnGtl1n0!h� IlduPlty O�tq IE) lM �';{ ti.� x.`��-�
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<br /> - Modifl�C Not� RN� oumot b�eo�� than b p�ro�nt�0� Voinb u'ov� !h� Mot� RNU (47 I �us! ��k� � ?..F�1;���.
<br /> 'at-`;:>-.'� ,;�; • erltbn nW�st to tM Hot� HolOar n ororia.a tn SM!!on b E�lor) Ip th�1!m o1 th�E�eurlty _`,'-.?:Y��'•�f1;�'.---
<br /> Inst�ro�nt ea�t b� � 11r�t �nd pr1o� 11an�y�lnst th� �rop�rty) f6) I w�t orov1G fh�Net� Ho1Gr : ; .�. -,'
<br /> �, - f'- w1A�ne� ati�t�otory ta !t tMt th� r19hb ot 1M ornv� of otMr s�curity 1nt�n�b Upq�lnat th� ! 't 5 .� _;
<br /> sWOMin�t on 9N�MM� Nd`�S�1�a10fYrYK� �da���eMts 1n�lorni �CC�Pt�bl� to�th�hlbf� HolU�ry �nG ;'!� 5 t�e.��a�.-
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<br /> OI 11 tMn �n �ny otMr i�eurity 7nt�wb �nc�mb�Hn9 th� Pro➢�Ny I sot oHNy hd oo�ly {ti. .[. :.
<br /> xlth �11 oth�� nqulne�nb of !M Not� Haltl�r fa nart9+9�+ �1N aubordlnate �1nwel�q� eh1M "� "s":-�.-
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<br /> •ay lnelul� nVUln�enta of M� f�tl�Nl X�tlonal Mortp�p� Aswoi�tion o� !h� hAeral Ibx Loan .i-fi;•..)Tr_ _ '
<br /> - — �.-v�iy.y: Gi:v-v:.Slu-. la �fixt �t 4h: !3�a! H:turiSY• "�' ��e ° -
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<br /> 3. Calculating tha Modliled Flxed Rete. nu xoaai.a xo�. x.t.+iii w . ri=w .at. ot Snt�nst , i{ '� y: -
<br /> �w�l to IM F�tl�r�l Natiorol Hort9�9� Aswal�tlon'� nwind n�t y1�ltl for SO-p�r t1xW rot� `��? ` ��t ��1� ��
<br /> �e�tY�9�� ��7�0! !o � 60�day eaMfto�Y tl�llv�ry eoeoltemt. Olu� MPNlf of on� p�rCYd (O.bX7� . � -�y3� �'
<br /> �ountl�d to M� nnnat onr�lyhth of on� p�rwM t0.12SX1 RN '71od1fLtl Nob R�t�^l. Th� nw1nA i � l H _ n- '
<br /> n�t yl�lA ahall b� tN �YYISabU n�t y1�ltl Sn Nhot on tM Eat� �ntl t1n� of A�Y M�t I no!!fy tha =�� �5 �=1�l,w��
<br /> � Nob Holtl�r of q �l�otlon to �xvo1�� t��CunEl4lonal Xodiff<a11on W EztsNlon ODtiM. If ih1� f
<br /> nqulna n�t yL1A 3� not wa11�b1�� th� Not� NolO�r xill Aet�relro tM FbtllH�tl Noh �ta Eq u�i�y ' ;�".°4°���;
<br /> �� � oonp�raOU 1MOreation. . -`:"]�:�11'-f7
<br /> � q. Caleulating tha Naw Paymant Amount. v�o.sa•a tn. xoeas.a Noa x.t• ■, eaiw►.aa in .,'� f 4 �
<br /> - S�otion E �EOr� U not p�nbr !Mn E p�rtml�9�Vo1nt� �UOV� M� Hot� R�b v�tl �11 otM� oon01t1oro � �J- + e .
<br /> . r.wt�.a f� S�otlon 2 �bov� �r� ��tlafl�tl. tM Not� Nold�r xlll tl�Nn1n� tN �eowt of th� wnthly t . '�� s,:
<br /> payant th�t �lll b� �ufflof�nt to r�p�y 1n full f�l th� unpaiE prinofn�l. �lu� (E7 �Ceru�A but �ro.ta � � -�'�� �
<br /> - SnLnst. clus lo) all othv suns I rill on uM•r tM Hota sn0 9eeurlty IndrvMnt on�M Mdurlly �'�-� �1 -.
<br /> - ' Oa;e foasunlny ry nonthly ppn�nb lh�n �n ournnt. .. �w�ir.a �na.r s.otfan z .no..�, ow� 4�� � %• � ." '
<br /> - nminln9 �xl�M�tl t�rw �t tM XoEiff�tl Not� R�t� Sn �Wil Mlllhly 0�10��k4 7O� ��Nlt 01 thl� ��' _ �: -
<br /> qlaal�tlm xlll be tM n�e�nount of ny pAnolpal �ntl lnhrut p�y�xM w�ry noMh aifl th� Not� 1� � -' _ � �
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<br /> fu11Y YHA. ":'ry"?•:':'-:
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<br /> 5. Exareising the Conditlonel Modlileetlon end Extenslon Option. n�. xot• imla.r .zu notur •,r,",._;;�;
<br /> ' e� �t lud 90 wt no! nor� tnan 120 w1�nm� aar� in adnne� of !h� xatur9r Dat� nne Wviu n of � -�_ ���„
<br /> � !�a prinafpol. xero�A bu! �npaltl iM�r��t. nnE�11 ot�v wn� I �� a�maotW�ta ov� w tM Mat�m!!y r-. �_ -
<br /> Oatb Th� Not� Iloltl�� �lto x111 aAv10 e� that I eay ez��o3w l�� CoMitiaul NotlifSr.atlon �n0 � - � -�
<br /> - Ext�ntion Ootlon Sf fh� eonEltlont !n Sw21on 2�EOV� a�� n�t. iho Mot� IIOlE�� wfli oravia ey � - - �;°�-' �
<br /> payemt neo�G lnfornatlon� top�t��� xlt�t�� n�e�, titl� entl �EOr�as of tN p�rton erpr�sentl�q th� F -
<br /> - , Nob Holtiv thN I nut! Iwtiq !n orC�� la exarols� tM Contlltlonal IbtllfSO�tlon �nC Fzt�n�lrn . ' " �
<br /> Optlon. If I ee�t tn� eontllliOn� o} 3�OHm 2 �OOV�, I eay �x�rOltO t�� CoMltiOn�l Xad1110at10n
<br /> end Eatenaion Outlon Oy notlfYfn9 th� tlot�Holtl�r no l�br tn.� as o.i.�a.r aays D�SOr So tha �
<br /> xot��s�v o,t.. m• Nob No1E�r +Sl� ealwlot� kM fiz�tl HoEfff�tl Nob Rot�EasrO uYOn tM F�Gral
<br /> Natlonal Xortya9� AsaeelelSm•� �pp11ub1�Y�D11�h�A requlrDE Mt Yi�ltl Sn �ff�ot on tM Oat�
<br /> noklfiaa!!on 1� �oe�ir�tl by tM Nots Ho3Gr anE�� osleul�t�E /n Swtfon 3 �sove. I �lll M�n havo
<br /> SO eal�Mar Oar� !e orevlA� M� Kob Ib10v uit�aee�pNbL nroof of nY rowl�od omvtl�ip,
<br /> OCeupmey enE P�ePe�ty llen Stoht. 9afOn fM tleturity Gat� lh� Noi� Nold�r w111 �Arlte M of lh:
<br /> Mw 111���1t� �H�� fth� XOd1f100 N0�0 NB��7� nor nonthly POyNnt BEO�YI� 111E � EO��� �SCI 0110 OIN�
<br /> �t �h1Ch I Ou!! �pp�ar to �1pn �ny dolvnMb roWlreE t0 <OnOl�l� !��r�qulr�A nOb e0E111Cation
<br /> er�i Malurlly Oat� ortmsian. I �mAeralaM !h� Xola He1E�� xill eharp� n� e�250 prooasiny tn
<br /> e�M tho eo�t� e�soei�t�G w1N �oants� tro titi. �o.��.oe• oelley� if any.
<br /> By SIGNING BELON, Borrorer eeeepSs oM e9rws to fM lerm entl earmm�t� eonT�inatl 1n l�i�
<br /> lall dn pltiv. y `-���
<br /> y� �i i. _ X .H-C<C(/ ISE�U _.
<br /> ' DEhTlIS L. SCOTT -60RROVEY
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<br /> SU2MWE 5. SC -BORRWE�
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