84002228 - Laserfiche WebLink

Browse

r $4=-~ 002228 (B) Aaost of Maachly Payeerts i't9 ~hlY PsYltt will 6e in rte aoDrsit of U.S. $ 3RC.54 The Note Eblder will ~ aY ~Y Payer ~ ~~ by Berrien 4(C) below m tt thhe~Interst Charge Date a~ m that day suety 36th Booth ttreresfter. Eadt of thde dates 1a nllsd a '~ huge Data." 1te Note Holder frill also droNe =Y ~Y Payort m ary ]srscast Charge Date if Beerier 5(B) baler requires m m pay the F\tll 16othlp Aasrat. (C) r innl.ri... a£ Zbrrtit7,Y Before salt Paysart Chugs Date, rte Note Helder will calatlate a new mothlp payreot aufflrleit m rapap the unpaid pritcipal balance m ~ lom in full m the nruaity dux at rte Paystr[ Race in subs~~Y efi~ payaetta. Tte "Pageat Fate., is rte era of the I:deoc figia+as m the five IKereet Chtge Deter pteosadf ng a Payesat Qro~ Drte plus ttre Cis`eeoE Indmc, dluided by the ot~aT 6 Plus 3.7 5C pp~a ( 3.1 ~} ;), roralei! to tt~ t ore-ei~ of one petoeotage~125Z). FxrePt tt~~ ~ay~mnF'?3L€ k~1I1 not e~;ceesl .`} (D) Effective Disro of Payeeat CFoges ftntil the neat Paysert Chage Date, I will pry [te aanurt of my rev mttttiy psysea[ each math hegianitig an the first ninthly P date after the Pagsat Ctteage Date, ar Interest t-'s~' Date if Section S(B) hela+ requtrs me to pap the Full Monthly Ammt. 5. UNPAID PRINCIPAL BALANCE (A) Che[ges in Mq Uapsid Principal Balaaoe My mrthly papseit catld be less clam rte asount of rte interest portion of rte first Full Mmrhly Amutt I owe or Iesa ttrn the intersst portion of my fiat full Moetttly Aoat after- ao Irttszvst Clrage Data. if so, the Note Eiolder will subtract the scat of a¢ ably psy~rt frog-the. asst of iatervst I sae and will add the difference m sy unpaid principl belarns eadt nth uattl the nr~ Interest Clerge Date. Itre Nate Nolder will aLo add interest m tts soot of thilt differ+moe m oy unpaid principal hs]aooc each mrttt. Urtil the nett IttetasE ~ Date iiru'the Note Nnlder deteafzs a9 oar lateresc rate m aY tten ur;+eid primipal taLme, the-rats of 3adenst on the i:teraec aided to principal will be t!e rate detemdtrd in Section 2 shoes. Mp ~ehlp paysert could be rare then the amr>r of the Full Monthly Anat. If s, c!r Nate Holder vlll subtract tie difference frm rte urpid Principal balance of o9 lam each msit until tie np~2 Interst Cttage Dane as if F had ®de a partial is'e~rpeztt user Section 8 belay. (B) Ludt m Unpaid Principal Halartre; Requited Fu11 Mnrthly Aoat 'iY umaid Pritr3pal telacne cm reaer ewoeed a mmdaa serer equsL co one hundred t++aaty-~ftve percaY (IrR) of the Principal amratt I originally Horroaed. If mY paying the Boat of ey enrtldy pay~t after arty Interest image Gate would cause the iapaid prinrlpai be]atroe Co atoesd flat modes gout a[ atry [im, I mat pay instead the Full hbrthly Amur s my ®aehly payaenc urtil tie rraR Payasc Charge Date. ~. CDNYRBSION TO FIRED RATE AND PAYMENZS tA) Right m Cattvert. I have the option, prier to airy Fav~ C7iarge Date, of cOnuertixg this lom Co a fled I,rrerrac rate std fired mortttly payo~rrt Plan as provided in this section. Once I true omvertad sy Ism, rte interemt sate acd rte regular ®athiy peyoztt will resin undretged for tt! rest of t!s ten of tie lam. (B) Rase and Papeeat after Csxtueaion. Lf I elect to cnavert qp Jgtn, ttm rte interest rate for t!e raninirg tea ~dll rest aessd rte "Fi~ad Rate IndQ" plus ~ • `'' The Fled Bate &rdatt is rte act yield ragtdrrm of Federal Natierrl Mort~e Aamc~a~aa (l3M-) for 60•day sudamry delivery of ar find;rats 1asA-a sudt Fled Ratc Inds is available V~o [te rate q••,r~i,•• refrrrad m in psra~oph 6(C)(2) belpr is rids. The rear fined rate will be effective m the next Psyeett Charge hate. 'fiR oar find laf~ awrot will be the coat which 1s auffiriert m repay the unpaid principal hlYOOt of ~ lees in fu11 is wtbsostially egral paysRS try ire sshtricp date. I will pay etds ast fisd. seat EeRinrdas m rte fist ninthly pryest date after t!e Payout Chga bete m aittelt I caaraeead. (C) Ferries of Fined Rate Optim. {I) Bagttst for Quotation. If I a istaraettl fa convertirg R loaf, I mst notify rte note holder, In vrititg, that I wiait to have • find tare sad psyeaa[ quoted m m. I mat recd this request for-quotation after nensitlas a Paysant Ctt~ Notice udez section 7 std at least 30 days before the Payout Choge Dan. t2) Quotation. film it reoeivea ~+ request for quotation, rte note holder will seed sa a entice quoting rte fled Cate and paysat hefty offered and the coaaeraim fee drich I will have to pay if I decide to omwrt. fie canteasion fee will cot etmeed 2.0±1t,±1t,° p~toent of the urpaid pritclpsi balats~e of tls loot m the Paymnt Qrrge Date. The note !older vIII lead thla quotation at Leeet 2U hr¢ m one that 30 days before rte Payast Cb~ge Date. t3) Aooeptigt Quotatim and Canvertiag. tf l vidt m omvect sy loin ac rte find ran std papaac quoted to s, I vist ratify rte moo holds of agr ancaptaoae is voting. Sud- notice oast be received by the ante holder at lest )S dqs before rte Payeeat Qrrose Data and serf ft acm~iad by rte oosenioa fee. (4) Rairstlm a£ Tine Perlads. If flat Pert Ctge Notice 1a rat seat try rte rate holder at last 35 daps before rte Pay~t Qslge OMs, ttaa aieh cis pseud ataoed above shall to Mroed by Hve days. E1i~' Tite~osvga of Careersisn Optlsa. If tta Pied Rats Indrtt aver aessss m be publiatad or ode avsilahls by p11N, ar if FNM ever oases gnatia~ sad pre^drsairg enet~ loses m the brie mfr raf'Lccad by the Fitrd Rate Inds. cram tlda etmwpias option slrll ueeEaeoe and this sactian 6 stall canes m trvs aaq effect. Flouever, ~ sa. ties, I true alrasdp aooeptsd a qurtatian and anraiertad sry lom, atra3t tesiascloa will not Mp fled tape and pnysot will, in ttru souse , resin in full fame sad effect .