Laserfiche WebLink
<br />200701422 <br /> <br />PREPAYMENT RIDER <br /> <br />0158411058 <br /> <br />THIS PREPAYMENT RIDER is made this ...?~r9....... day of ...f~!?I1~.ARY..... ...~9.9.L... , and is <br />incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or <br />Security Deed (the "Security Instrument") of the same date given by the undersigned (the <br />"Borrower") to secure Borrower's Note to ................................................ <br />..... WJ;U.$. JA.R.qq.!?ANK,JtA................ ........ ............................................ ................ ............ of the same <br />date and covering the Property described in the Security Instrument and located at: <br />.?9.? .~~.9.T..~.9. VIH. .~IB.ssII. ~B.Ar-:J.P.. .I.~~~N P. J. .~~... ~.~.~.9.1................................ <br />(Property Address) <br /> <br />PREPAYMENT COVENANTS. In addition to the covenants and agreements <br />made in the Security Instrument, Borrower and lender further covenant and agree as follows: <br /> <br />I have the right to make payments of principal at any time before they are due. <br />A prepayment of all of the unpaid principal is known as a "full prepayment." A prepayment of <br />only part of the unpaid principal is known as a "partial prepayment." <br /> <br />Except as provided below, I may make a full prepayment or a partial <br />prepayment at any time without paying any penalty. However, if within the first .twa...... (..~..) <br />year(s) after the execution of the Security Instrument I make full prepayment, I will pay a <br />prepayment charge as follows: <br /> <br />If within the first year after the execution of the Security Instrument I make full prepayment, I <br />will pay a prepayment charge in an amount equal to three percent (3%) of the original <br />principal amount. If within the second year after the execution of the Security Instrument I <br />make full prepayment, I will pay a prepayment charge in an amount equal to two percent (2%) <br />of the original principal amount. If within the third year after the execution of the Security <br />Instrument I make full prepayment, I will pay a prepayment charge in an amount equal to one <br />percent (1 %) of the original principal amount. <br /> <br />Prepayment Rider <br /> <br />(Page 1 of 2) <br />PP010A Rev. 09/13/05 <br /> <br />~> <br />