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<br /> . :, . ' tC�I'i'IQNAE.AHtaW�TO R�A1�C�3 , .
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<br /> � � � � THtS�ALLOON R1D�is made this t�2 du}►of ssax�sH �
<br /> , � - , aasi is inoo orate.�ir►ts�d s�ll��dee�to amecd aad eupple�eat tt�Martga�e.Oeexi of 7'nist or DeEd co Se�ure .; �
<br /> ' ., . , • ' . Debt(the •�ecauity I�suuffi�nt°)of the sams d�givca by th�uadeisig�(the 'Borroive�')to secuce the Borrowu's . .
<br /> • ,: >«,. .';: ' Note to �xoTZt988� tiOEtTt�.�. �C• � . ,�` 'G.
<br /> � -:'�--�-^-�`�� (t�e'iemier")o�tht sams dat¢�nd cavec�n�the pmPe�Y�In the S�try igs��aad las�d at: � .`.
<br /> '�� -~-�`•_` 3008'COL027il�L LA� . � E8� . 17� 65803 :
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<br /> .�'+.4 .` The inter�st rese stated on the Kote is called�e�'N�aLe Rara}� The date of the Nat�is calIed the 'Natc Date.' 1 '�`""°`
<br /> ��.
<br /> .. � " ` �'� ' uAdeistaad th�Leades�aY transfet the Note.Seauiry Instramcat aIId thls Rtder. The Lender ar a�rone who tatcs the ;��,�.,
<br /> < � .;`�;, Note.ttie Sx�tY Ins�m�t and ttus Rider by tcansfer and who is entitled to teceive paymenrs und�r tfle Note is calle�
<br /> � F t.•
<br /> ;,4••� ` � ����� $1C�NOt�I'�OZdCl.� ' j..-
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<br /> , ' � $i B�tI�II t0 t�1C���IIi2IItS tII t�S��►��W� .�•:ai
<br /> 'r- • • .
<br /> .'j�':�: �j.EtldCr�C[WvPA2IIt��aS fOlI6WS(dESjl�t6 2IIythiII$t0 th8 C0�8LS/COD183IICd 1II t$C��i IDSInIIIICIIt OI ��,��:•::
<br /> '<. x`ltf 1�Ft�0��: �� ` t � `c��.
<br /> - `.r.', ._� , . . . , :. .
<br />-.'Q��. .S . 1•4V!\Liia�l�t9i/1Y.ili�a�i�II'iPai�n+�� `�,t��-_ti.
<br /> -- -'`.., - -- A!iue�Isiiu�it'y 13at�s of ihe 1Vote�d S�auiiy inctmmem(the 'Mamrity Daie�.I anU be able to obtain a en�v la� �;;,
<br /> .: '.
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<br /> ,:�`�,.�a_e #`�:� .... :. .. ...........�.New Lo�g)��a����n►�ate of- -�T•- -----�--��---- • aad �, .,
<br /> u► �S aa mte�.st
<br />, , . :. .. , w the'New Nate Rate'd�in acx�oz��on 3 b�ta��if a11 t�e ooaditlons prnvided�n�xinna2.an��5. . .. :�-+a�:
<br /> �:�
<br />��, ... .-��3r=. � ' below are met t�'��Resna�'sn8 apuan7.Ur those aandidons aie aot aset.I uadetstand that thc PIote Holder ---
<br /> �..: , �.:� ...
<br />�_.;,...,• �..-� ::� :. is ander no obligatIon tu�oe�r modifY the No2e.or ta e�d the Maturity Datc,and�has I w�l E�ave to r�pay►the
<br /> ' `''� f� Y�Iate fmm ary aaru iesouta�ar fr�a lgnder willing do tend me thelmoney to repay th�Note. �_
<br /> - - . ,. . . . . .
<br /> , � '� . 2:COi�T9b��N�TO OP3'ION- - --
<br /> � Y s,- ,. � � - tion at m�UUItY. oert�n oondirIoas �si he,met as of the _
<br /> �.:. ,,� , If I w�t to exentise the Ca�tional Refinancang Op ,��s tt�the�ecurity -
<br />- -- •' •.�• ' �;. � ::•.��nritY Date.,l�se cn�itioas aze:(1)I nmst s�l be trie owner�d occapan3 of the praperiy j _
<br /> "l , ,::•', � . � �d canaot have 6een mioae c�am 30 days laie
<br /> -= . ,•': ` ' • -::�t�the'Psog�'�e(2)I mvst�a Cmrena ia�ty mon4hlY�ayment� -
<br /> :;'�,° .'�'�.. . . .o��y of t�e 12 sche�E�tA�ua�tLlY Ba��ts i�lY Pr�dw�the M��Aate;(3)no lien a�iv�b�P�p�Y
<br /> _ ' ,,.'��;': �. (excePt for�aad sp�ci�1 ags��t yet dns and gayable)other tvan tbai of the S�II�Grdme�c�9 exi�s:(4)
<br /> - ' '.. .x, � : .. t he New Nate R a t e c�n n a t�e m a r e t h a n 5 p e r�e n t a g e g o i n t s a b a v e t]s�N o t e R a t e:a n d(S�1 r a u s a�ske a wriuea r e q nest ta
<br /> . . the Note Holder as prav�;.�ed In Section S below. : . ` =-
<br /> ,„ -� . � .
<br /> � ` - .�� 3.CAI.CUl.ATII�TG'f'i"+ 'NEW NOR'E RATE .
<br /> -`"��::;�. •,:..� PT Mort Aasociati�'s net .-
<br /> ° =�`n•: The New Nate P'�will ise a fixeA effie of��to the Fedee�l �ir.�1 �F� �
<br />_ ��.`:i:�,_.. —
<br /> ',�,_;,�.„�... ��.. - tusono-halfofone ,
<br /> ��, yieid for 30-ycar�r�e mos�gages snbject w a d3�ay maadatory delivery co��,p. . P��e �
<br /> ::,r,�«<-_--_���. , point(0.59b).munded w the ue�st on�eighth cfr�e percentage Pomt(0.125%)(t�.i°i�c�o'�Tate•Rate').'Y'he re4uired
<br /> '� f;i� Y� net y�eId shall be the appltcable nei yiold ia effect ars the date end time of day tha3 the:�a�l�+utder reoeives notice of my
<br /> r ;.����. elec�ia�to exerc�se ti�e Conditional Refinau�ng Q�. If t�is�eqaired net yield Is nci a�vr��ble,ttie Note Holder wiU
<br /> - - deteimme the New Note Rate try using�comparablai�on.
<br /> --- _=;.��i
<br /> -:��_� 4.CALCULA'I�IG T�PIEW PAYME1�PPr AM6�fNi'� • ' than 5 inis abovc the Note �
<br /> � - Provi�oCl the New Nou Rat�as calcalatcd in 5ecdan 3 above is twt� P�8'�Fo
<br /> -- � Rate aad a11 other oondidans r�t�ir�in Slectian 2 a�uave ara saSsfied.the Note Rolder wiU de.tem�ne the amauat of the
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