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<br />83_005985
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<br />2120 South 72nd Street. O~ahB, r:phraskn
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<br />~P124 "
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<br />I will malee my monlhly payments at
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<br />or at a different place if required by the Note Holder.
<br />(B) Amount ,,(Monthly Payments 4.54 . .5.5
<br />My monthly payment wiU be in Ihe amount of U. S. $ . . . . . The Note Holder will change my
<br />monthly payment a. required by Section 4(C) below on the 6th Interest Change Date and On that day every 36th month
<br />thereafter. Each of Ih""" dates is called a "Payment Change Dare. "The Note Holder wiU also change my monthly payment
<br />on any Interest Change Date if Section 5(B) below requires me to pay the Full Monlhly Amount.
<br />(C) Calculation <Jf Monthly hymenl Changes
<br />Before each Payment Change Dale. the Note Holder will calculate a new monthly payment sufficient 10 repay the llnpald
<br />principal balance on my loan in full on the maturity date at the Payment Rate in substanlially equal payments. The "Payment
<br />Rate" is the sum of the Index figures on Ihe five Inr~:~~shChange Dates pr:ceed~~!2'!> Payment Change
<br />Date plus the Current Index. dmde<l by tbe number 6. pi!!, . ':....." percentage pomts ( ......... %), rounded to
<br />the nearest one-eigMh of one '''''centage point (0.125%)." YC~'rt '. hn the. na>:imu,., ~ntere. st. .rat:e cll.a. nged
<br />, shall nOt: exceed 13.990,,-
<br />I will pay the amounl of my new monthly payment until the next Payment Change Date unless Section 5(B) below
<br />requires me to pay the Full Monthly Amoun!.
<br />(0) E1feo:tIve Date of Paymenl Changes
<br />Unrll my ""JOlhly payment i. again changed. I will pay the anK\Unt of my new monthly payment eacl1 month beginning
<br />on the first monthly payment date after the Payment Change Date. or ItllereSI Change Date if I am required to pay the FUll
<br />Monthly AmounL
<br />5. UNPAID PIUNCWAL BAL<\NCf:
<br />(A) C/Jange< In My l'npaid Principal Bal;mce
<br />My monthly pay~nt could I"" Ie" than the .moun! of the nne",st portion of the firsl Full Monlhly Amount I owe or
<br />iess than tne intere't po"",n of my fim Full MonthJ;' Amount after an Interest Change Date. If so, the Note Holder will
<br />subtract the amfH.mt nf tn,v momhiy payment from the amount of interest J owe and will add the difference to my unpaid
<br />principal balance <ea,h month ,,"ultne he" Inlere" Change Date, The Note Holder will also add intereslon the lIDlOWlt of
<br />this difference ~o my unpald prmnpal ba1an~~c citl..;"h rnomh. Until the next Interest Change Date when the Note Holder
<br />detenntftCs my new ratt -of imefe""llf on my ttwo unpaid pnndp-ai balance, th.e rode of interest on the interest added to principal
<br />will he the rate determmed In SI,"t:-UO-l1 2. abt)'....e
<br />My rnrmlhJy payment i.'fluid he men,; than tl".e J'mount of the Full MonthJy Amount. If so. t.he Note Holder will subtract
<br />the dUferern:-.e from the unpaid pnrn:lpal NlafK"C 0-1 my loan cJt'"h Jl10nth untillhc n-(~'t lnferest Change Date a5 if I had made
<br />a partial pn-p~yrnen1 undi'r Section' helo\,\
<br />(BJ Limil "n Unpaid Principal aalan<<; Requin-d Full Moothly Amount
<br />My unpaid pnn..::rpa! h\llaTh:c- t.~n nCVt.:f l;'\I.~I..--ct1 J. m.nunutll amuunt e-qual to one hundred twenty-five percent (125%) of
<br />.he princ.pal amount I rmpnali; """"....ed If my pay.ng tbe amount of my munthly p.yment after:my lnleresl Change Date
<br />would l'ause the unpauj pt1.finp~1 tl.:.dm",'-c tp CX_(C\."ll fhat Il'UU_lmUm am-uunt at any time, I must pay instead the fun Monthly
<br />:\mount a,,~ my monthly ~)'frrefH unlt! the n~\1 Payment l1tange Date
<br />6. NOTlet: OJ. t:flANt;f:S
<br />The Nott Ik!M('-{ UotH rIli.ui ~)( ~h.'!nt'f h! me <I !liJl!\,'e ~"lf any chang-e~ in the Full Monthly Amount -and my oumthly
<br />paYUtCnI heton: tlv c-ffn'tn't: darL' ;:If ;:in} ~:h.ange The (k)UCt:' wdl ioch..-oe In(o-mUUtun required by law to be given me and
<br />alsu the_ litk ~nd ldt"pht)nc nUiJ:"tber ttt it J:'1Il.'"{'-'.m ...-no wdt .m~~'er any que~hon I may have n:garding the n~)tke,"
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<br />8. CHAR(a:s: up,s
<br />
<br />Umfonn (\t\CfMtH ~ pf rhe Sn'unty In;.,if\wlCfit t" attk;ndt.'d to read ,<is foHt)\\-\-,:
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<br />4. Charees; Lieits-. &Hf"-tJ\\t'-r ...tt"H p4)- ~lJl t~I"\"'~, ,1~~~..mt.'ll"l!'l. ar",j m~r \.'h.dIges, tint!' and imf>',lsitions attributable tQ the
<br />~rt) whh:h mii] ;,-tn;;sl!1 .a pii>,tfHy H\-,.;f tn.h S<<:unry InstruulcnL and ica."\C:hoJd p.aymenls or gH.)und rCOb, if any. in the
<br />manner ptnvtdni under fXi.r'"d:ft:Htpb 2 !lch:'.-vt .)1. It I\(,{ ~~J In _"-lit.:h I)~r, by B-orro",'er makIng payment, when due. directly
<br />to the payee the....,,,!. B"rlU"~' ,haJl p",itlplly iun",,!; to Len<ler aU notico, of amount> due under lhis paragraph. and in the
<br />-e,"'enI Borr-o"''Cf ~a.u mai.~ ~laynli:nt J:m:-..:U)~, Bi.}rrl.)~t~-r iinaH promptly fuml~h. bJ Lender fC4.:tipts eVideot..:ing ~uch payments.
<br />B..'>I1\)....er shall pl\.mptl) d,,,,harg~ .In) hen "hlL'h has pnonty o..r this s..:urilY Instrument; pro.ided. thaI BOlT\l....er shall
<br />n;}1 ~ reqUi<<.'d to t.i1Sl:hMgt.' <U1) ~u...-h hen :"!\l) lUIif!. a;. Borrower: (a) shaH agox- in ""riling to the payment of the- obligation
<br />secured b}- ~\Kb hen H\ ;.1 manner auyptAbk fo Lcn-def'; i b. ~hall in gtxxi faith contest su(;h lien by, or defend against
<br />en({,lI(\:C'mcnt of \.u~n lit~n In, Ie-gal Pf\.~:Ct;::-dlflgs \\hi("h in the- \JpiOlon of Lender opcr.Ut to prevent the enforcemem of the
<br />lien Of t,)ff~iturc l}t the Pru(l('rt)' t>r om) pm thcrcuL er {(: I s'haH SC\,':UfC from the bolder of su(h hen an agrc,eult:nt in a foml
<br />sati~iKtof) to,) Lc-n4.""f ,,"utxm1maling ':>-lli.'h hen hi lhl.ll< Sc:.(:urity In.s~rumenc
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<br />If Leftdet detcflninc~ t~ aU vf iiny !}Mt ut the Property i.~ S-UbjcCI tQ .a he-n \\--htch mil)' attain a priorilY uyer this Security
<br />lnsuumcnt. Lender shaH -send Bo:rt\,JwCl nOlleC-- identifymg. sUi.:h Hen" Borru\\er shaH ~tJsl); such lien or tak.~ one or more
<br />\)1' the- -3l;t_Kfn,j, sct ti..mh ab(.\-e "' uh.in ten da);'!, of the gi1dng of notk.'t'.
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<br />C. SOTIO;
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<br />lhufornl COV(nMt 14 t,Jf the So.:UfH) instrumcut 1_\ ;,un~ru.ied h) read as foUow.s;
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<br />14. ~_ C-\cept fot iiill)' Il\ltice t~wred wld(:r apph.cabk- law to be given to anvt.her ma.n~r. {a) any notil.;c t-o B-tJITowt:r
<br />PN~rde<l fin m thL' s..:urity I.."rument ,hall he gtVen by delIVenng it or by mailing rl by first da.. marl addres><:d 10
<br />~\1t'(:t at Iht:. Prof~rt} AiJdr-~l).,."\ or at 'Ui.:h ofhl:f ~ a~- Borrower lllU.} de!'Oignalc by nuti('f.~ to l...e-nder as pnwitkd het'Cin.
<br />qd (1;.) -any !\Otii.'e to l...efilkt' :-;haH hi: t\}~cn by tiN da>~ mail [0 l...emlcr"b a-ddrt:.'i.S stated herein lJr to su~h other .addres.., a.s
<br />~ n'HtY _~"irMlk by l'K.lli-n: to Bonower 3,.", provlded herein< ,;\ny fl(ltk:~ pronded fOf in UU!-'l Set:urity InStrumenl -shaH
<br />be- ~med t!J ha""i} ~n gl"en tQ liorn.n.\'e-f l)f Lender ~':hen ~iven In the manner de.signalcd h~rein"
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<br />n. UN~I MORt'GAGE. (iO"'~NlNG LAW, SEVf;RABIUT\'
<br />Uaii_ Crni"'_115 "I the s..:Wlly IIlWum<nl i. ;uucl\dc:d to ",ad a.v foU"""
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<br />If. lldunll ~..: G...er'OilIa 1_; ~.....biIlty. Thi. 1l11trl of Se<:urity In'Wl1WDl combtne.s uniform covenants for
<br />~ lM ~ 'lkwH.ffii:forTl! rove:nanL'io ",dth limited \':iJ1'tltion~ by Jurilid<<.:tiO{\ to l.."_!JtSUlute a unifiJtrn ~,,'unr)' iru.trtunc.\l'1t
<br />....-i n:;;1I.ltll'enyn... s.,.:u:rtry l"",rutl.."t ,hall I>< ~'1wem;:d by f<tlentl I... and II>< la" ultt!< .rr""dM"," In which
<br />- ~~rt) i~ h~~~d ht W <t,'""'tim lh4i any llfO\'1:Sioo nf' dau~ uf thu ~:tint) Insinmwnt nr the- N\.){t' ..vnt1h..'t~ \\tth
<br />~ hilA'.. ~~h ~';mtb..:l :--bal! ;)ift atft,n ntbtr pht\i'a-l'}~b -9f Ul-i.\ Sc\:"wjty In,,UU-Hh::nt or t,h\.' ~"1tt~ \l,fu...J\ ';';Ul~' ~p.:rn
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