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<br />200610985 <br /> <br />1. As of November 01, 2006, the amount payable in accordance with the Note and <br />Security Instrument (the "Unpaid Principal Balance") is the sum of $89,495.11, <br />consisting of the amount(s) loaned to the Borrower by the Lender and any interest <br />capitalized to date. <br /> <br />2. The Borrower promises to pay to the Lender; the Unpaid Principal Balance plus <br />interest thereon. Interest will be charged on the Unpaid Principal Balance at the rate of <br />7.000% per annum from November 01, 2006. The Borrower promises to make monthly <br />payments of principal and interest of$595.41, plus current escrow of $270.50, for a total <br />payment of$865.91 beginning on the 1st day of December 2006, and continuing <br />thereafter on the first day of each succeeding month until principal and interest are paid <br />in full, (escrow is subject to change). If on November 01,2036 (the "Maturity Date"), <br />the Borrower still owes amounts under the Note and the Security Instrument, as amended <br />by this Agreement, the Borrower will pay these sums in full on the Maturity Date. <br />The Borrower shall make such payments to MidFirst Bank, at P.O. Box 26648, <br />Oklahoma City, OK 73126, or at such other place that the holder of the Note and Security <br />Instrument may designate in writing. <br /> <br />3. If all or any part of the above-described property or any interest in it is sold or <br />transferred (or if a beneficial interest in the Borrower is sold or transferred and the <br />Borrower is not natural persons) without the Lender's prior written consent, the Lender <br />may, at its option, require immediate payment in full of all sums secured by the Security <br />Instrument. If the Lender exercises this option, the Lender shall give the Borrower notice <br />of acceleration. The notice shall provide a period of not less than thirty (30) days from <br />the date the notice is delivered or mailed within which the Borrower must pay all sums <br />secured by the Security Instrument. If the Borrower fails to pay these sums prior to the <br />expiration of this period, the Lender may invoke any and all remedies permitted by the <br />Security Instrument without further notice or demand on the Borrower. <br /> <br />4. The Borrower also will comply with all other covenants, agreements, and <br />requirements contained in the Security Instrument, including without limitation, the <br />Borrower's covenants and agreements to make all payments oftaxes, insurance <br />premiums, assessments, escrow items, impounds, and all other payments that the <br />Borrower is obligated to make under the Security Instrument; however, the following <br />terms and provisions are forever canceled, null and void, as of the date specified in <br />paragraph No. 1 above: <br /> <br />a) all terms and provisions of the Note and Security Instrument (if any) <br />providing for, implementing, or relating to, any change or adjustment in <br />the rate of interest payable under the Note; and <br />MMC Loan #50608476 <br />Page 2 of6 <br />