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<br /> � PAYIVIFNZ'R,�E� > . "
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<br /> THlS PAYMBNT R1DER i�mrr�a thf� .,..��....•••dsy of....$��:�..��4.............,................snd �li
<br /> �.. incorpol'�tOA �llt0 uNI 6�J I1E dE0ft1Ed �O i11110ti�J�RLpQiI81p0i1t t}l0 MO[�jN�O� L�eed af Ts+ut ar Saudty�eed(tt�
<br /> 'Socurlty Instrumyent" aE .������.���Ztho "Aort�wor') to socuro Barrowar'a Note to
<br /> f � ,y, ...............�f.�4�.. .�. ............................�...,....�.; ..... . . .. ...�
<br /> ................................................................................................................................ �(the "Lendet"
<br /> of tl�e�smie date�ad coverin�tisa proporty deacribed�n tha Socurity Inetrumcat ond loctted at:
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<br /> �� • �� ' �4�'�.�.4�'...�r..�'P.F.S��Q�.........i��Md�:f...............................................................
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<br /> �•�.•.+�;;��z� AD�1Ti0NAL COVENANTS. ]n addition to We covenants end a�reements mnde en the Security Iaswmcat,
<br /> ,••�'•'�'�?":?`�•<:" Bornuwer utd Leadcr further cov�tunt�nd tgroe�s foUowe:
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<br /> :�'�:''�::�!'' �:�;;";,j A.SCHEDULED PAYMENTS OF P➢tINCIPAL AND INTEREST
<br /> _� , "�"•'�E`�; The Nots provldes for scheduled pnymer►te of pdncipal and iriterest as follaws:
<br /> ,,;,�r:.r 3.PAY14fENTS
<br /> :}� ;� :;;�;.w„ (A)SsixedvledPlayments
<br /> �,; .•..�'�� :::�:, aad interast by making pAyments when sckeduled:
<br />�"' :.. • ' � I wili matce�59......... ..... pay r: ....222.14 ............... each on I�e.............
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<br /> ascnts of� •:�•
<br /> �' . f. ,; ................................3�................. of ach ........... .....S�EIt.30�,�];994.........
<br /> .. .... ...................... .....................................beginnins on ........ . .........
<br /> � � + ❑ I wUl maice payments as follows: �:;;
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<br /> �., � I118dd1U0A t0 tI18�ymenta described above,I will pay a"baUaon payment'of 5....21,745:81,,,,,,,,,,,,,,„
<br /> an A�C�7i ,9�',3q 7.9�� .......The Note Hnlder well dalivar or mail to ma aotice psior w maturity thstt "�
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<br /> - the balloon payment is due.T6is notice witt state the balloon paymQit a�oant aad the datw ihui it Ie duo.
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<br /> . , (�9 Maturity Date and Piace of Payments :.�..r. :���}
<br /> . I will make tbese paymenta es schedui�xl witil I have paid ail of ttte princi.pa!ai�l,intesest eQd any other c6arges "•'':
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<br /> " descrIbed 6elow tt�st i may owe uader this Note.My schednled paymente wiU be appUed to iaterest bafore priacipal. If,
<br /> .. ' oa ........................... ...:��i.�...30�..1�4�.......... ........ ... :. :.:..... I still owe amounts under thia Nota,I
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<br /> • ":. will puy those amouats in full an ehat date.which is called the'maturity date." :
<br /> _ :..:. .._ I will malce my scheduled payments at ........320.G.S��2F�...P'O.HO�C.x8.i..C�!�AL�.C7,.T.�c.1`?E........_.. ;�,
<br /> ., � 688��........... .... ............ ..................................................................................... or at a dit�at�ent .
<br /> �� , place if roqaired by the Note Holder.
<br /> B.FUNDS FOR TAXFS AND IIVSURANCE
<br /> ^ ^� [IKark onaJ
<br /> D Uaifotm Covenant 2 of the Seeurity Instrumeut is wuev$d by the Lender.
<br /> •. " ❑ Uaiform Covenant 2 of the Sec�uity Instrument is amanded to read its follows:
<br /> 2.SCHEDULED PAYIV�NTS FOR TAXES AND INSURANCE °
<br /> � (A)Borrower's Obligatior�
<br /> , I wlll pay to•Lender ell amounts ne�.sary b pay for taxes.esses.sments.leasehold paymeats or ground rents(if any),
<br /> end ha�ard insurence on tha Property and mortgsge insuranca(if imy).I wUl pey those amounta w L.end�sr unless Lender �
<br /> • � � tella ine,in writing,that I do nat bave to do so.or unless ehe law mquires otherwise.I will make those payments on�he
<br /> . '�,., same day tAat my schedulerl payments of prineipal and interest aro due under the Note. �,i;
<br /> ,. ; Each of my payments under this Pacagraph 2 will be the sum of tho followins: �,,
<br /> .�, " , (�) The estimated yearly tnxes and assessments on tha Property which undar the law may be superior to this
<br /> , „ Security Instrument,divided by the aumber of scheduled payments in a year;plus,
<br /> • . (►�) Tha estimated yearly leasehold payments or ground�ents on the Property. if any,divided by the nwaber of
<br /> ;'� ; �� scheduled payments in a year;plus.
<br /> (���) 'Itie estitnated yearty premium for haiard insurnnce covering the Property, divided by the numbet of
<br /> ' , scheduled payments in a yesr.plus,
<br /> „ (�v) 'Iha estitnated yearly premium for mortgase instuance (if any). divided by the number of scheduled
<br /> � �y��nc��►�y�.
<br /> ; Lender will estimate from time to tima my yearly texes. essessments. Ieasehold paymenta or�round rents and
<br /> 3 , � insurance premiums, which wiil be cailed the "escrow itetns." Lrndnr wilt us� existinQ essessments and billa aad
<br /> � teasonable estimates of fuhue essessments end bills. The amounts that I pay to Lender for escrow items under tbia
<br /> „ Parngraph 2 wip ba cafled the "Funds."
<br /> (B)Lender's Qbligatio�ts
<br /> " Lender will keep the Funds in a savinga or banking inshtution wnicrt nas ics aeposics or eccounis inau�ai ur �-'-
<br /> „ gnaranteed by a f+edetal or state agency. If Lender is such an institution�Lender may hold the Funds. fixcept as described I
<br /> • ,� in ttus Puegrap6 2,I.�nder will use the Funds to pay the escrow itecna.Lender will�ive to me,without charge.an ennua! p
<br /> accountipg of the Furtds.That acxounting must show all additiona to end deductions from tha Funds and the resison fot
<br /> ' . each deduction.
<br /> " I,ender may not c6arge me for holding or ke�ping the Funds.for using the Funds to pay escrow items,far an�lyzing
<br /> �� � � my paymeate of Funda�or far recaiving�vetifyiag end totali�g assessn�nts and biils. However, I,eader may charge me
<br /> .. , for thesa services if Lender pays ma interest Qn the Funds and if the Isw permits I.enJer to make such a charge. I.eader ��
<br /> will noi ba required to pay me any interest or eaminga on th�Fundfl unless either(i)I.Ender cu►d 1 a�ree in urciting,at the �
<br /> �� timo I sign thia Security Insdument. that Lxnder will pay intere.st an thd Funds; or(ii) the lew requirev Leader to pay �
<br /> � `' interest on the Funds.
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<br /> MULTIPURPOSE I�IXED Rd1TE PAYMEN7 RIOER(MULTISTATEI
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