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84006279
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84006279
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Last modified
4/30/2008 4:07:16 PM
Creation date
4/2/2008 9:40:40 AM
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DEEDS
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84006279
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<br />I <br /> <br />and will add the difference to my unpaId principaL The Note Holoer will also add imeresl on the amoum of this <br />diiferen<::e to my unpaid principal each month, The imerest rille on the interest added to principal will be the rate <br />required by Section 4( C) above, <br /> <br />(H) Limit 011 M)' UftiIlIid Priac:ipel; IlKreued MGftthi)' Payment <br /> <br />My unpaid principal can never exceed a maximum amount equal to one hundred twenty-five percent ( 125%) <br />of lhe principal amount I originally borrowed, My unp~id principal could exceed that maximum amount if I pay a <br />L,mited Payment, if so. on the date that my paying my Limited Paymenl would cause me to exceed that limit, I will <br />instead begin paying a new monthly payment until the nexl Change Date, The new momhly payment will be in an <br />amount which would be sufficient to repay my then unpaid principal in full on the matwity dlUe at my current iateres1 <br />rate in substantially equal paymeuts. <br /> <br />(II Required FuU PaYlllCIIt <br /> <br />Beginning with the first monthly payment after the final Change Dllte. I will pay the Full Payment u my <br />monthly payment, <br /> <br /><~'\ <br />,'~ <br />'.J " <br /> <br />:.\,/ <br /> <br />..._(..!",.. <br /> <br />~ <br />H':'!"~." <br /> <br />../.;~..C..)<.Q.L.........,........( Seal) <br />.~ <br /> <br /> <br />B. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BOMROwn <br /> <br />U mform Covenant 17 of lhe Secunt' Inslrumem is amended 10 read as follows: <br /> <br />TraMfer or rite Properr, or a Beneficillllnrerest in Borrower. If all or any pan of the Propeny or any in~ <br />ill II IS sold or transferred (or if a benefiCIal Interest In Borrower is sold or transferred and Borrower is not Il MturaI <br />person I without Lender's pnor wrinen -=onsl:DI, Leilder may, at its option, require immediMe pay_t in ful Gf III <br />sum, <'ccured by !tIlS SeCUnly lnstfumem, However, this op'lon shall not be exercised by Lcm:Ier if clIen::iseis <br />prohlhned by federal law a; of the date of this Secunty Instrument Lender also shall DOl exercise this option. if: (ill) <br />&rro...er alU!>eS to be submmed 10 Lender mformatlon reqUired by Lender to evaluate the intended trlIDMCfCe lI$ if a <br />new loan were bem~ malic to tbe transferee: and ( b) Lender reasollably determmes that Lender's security will 00( be <br />Impaired by' lhe 10M assump"1011 and that the nsl: of a breach of any covenant or agreement in rlUs <br />'----rriS"trumen'liSaCcePfllble 10 Lender . <br /> <br />T., the extent permItted by applicable law. Lender may -=harge a reasonable fee as a condition to Lender's <br />consent to the !o!tl1 assumption. Lender may also requIre the Iransferee to sign an usumption IlImement mat is <br />acceptable to Lender and thai obligates the trllnsferee 10 keep ali the promises awl agreemems mllde in tbe Nou: aad <br />In IhlS SeCUnl\' Instrumem Borrower ...,iI conllllue to be obligllled under the Note and this Secunty IflStntment lmie!s <br />Lender reieases Borrower III wn\lllg <br /> <br />If Lender elterclSCS the option 10 require Immedlllle payment In full, Lender shall give Borrower notice Gf <br />a-=cderauol1 The 1l0llCC shall provide; penod of nOlless than 30 days from the date the notice IS debvered Of mailed <br />wHhm whIch Borrower must pay all sums secured by thIS SecunlY Instrument. If Borrower faib. to pay thew: - <br />;lTIcr 10 the eXpIratIOn of thIS penod, Lender may lllvoke any remedies permuted by this Security InstrUment witOOut <br />fur:her nonce c,r demand 011 Borrower <br /> <br />BY SIG~ING BELOW, Borrower accepts and agrees to the lerms and covenants conwned ill this Adj~ <br />Rate Rider <br /> <br />~/. /') /;.,/,/ <br />_,442~....l/.",..~.........................,.......(Se&i) <br /> <br />~';'~..}:;,,::1~j p..;;:ter;j ~ <br /> <br />C1 <br />t~.,,\. <br />J <br /> <br />r J' h <br /> <br />l',:ti...:.r~'~ <br /> <br />U) <br /> <br />o en ~ I~'_ <br />z r- H{1~ <br />1~' I~~~ ~ <br />o ~ t ~ ,; <br />- - e -. <br /> <br />; l't~ it :" <br />1:; <br />1'. <br />.... <br /> <br />'.... <br /> <br />, <br />.'11 <br /> <br />,....., <br /> <br />.... ~~ <br /> <br />c- <br />,Y) <br /> <br />I- <br />U <br />c( <br />IX <br />I- <br />U) <br />m <br />0( <br /> <br />"""I. - <br />to- ,> <br />c.t) f,~ <br /> <br />. <br />- <br /> <br /> <br />d <br /> <br />L <br /> <br />~ <br />.l <br /> <br />.-1 <br />
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