83006624 - Laserfiche WebLink

Browse

I" L g3;;;;r 006624 (8) /\oxJ.nt of ~y PaJ'llBlt8 IV lllCI1I:hly payIlIl!O.t will he in the llllIIlnt: ofU.S.S . 347.60 . ~Note Iblderw.l.ll cl1ange. my lIIlldl1y~)'IIB1tasJ:'l!qUiredbySecdon4{C)bel.oilon the bth Interest, ~DateardOll'1:hat day E!ftly 36th DJ:lIlth thereafter. Each oftheae: dat;es isca:II81'il'1'aymeot Cliaoge Dite." The ~te Ho1der will also~ myllDlthly plI.ylEl1ton anyInlmestCbange DatellSecdon 5(8) bel.oil~' me topsy theEW.1~y AuIu:1t. (C) CalculationofMxlthly PajllBll: <1liqes . ....... .... .. .... .. ... ..... Before each ~. Qlange Diba, the~te Holder will calculate a newlllCl1l:hly~suffid.ent to repsythewpa1d pr:in:1pal balance on my. loan in full 00 the D8tUrlty dam at the~Rate;in sub8tant:Lally equal payments, ~ "PaJ'llBlt Rate" is the sun of the IrxIex figUres 00 the<five Interest Olange Dites preceed1ng a PajllBll: 0mIlle Date plus theQJrml.t Inlex;divic:ledbytbe'~ 6 p1us 3.150 percentage paints ( 3.150 %), ro.mdedto the nearest:~ of. om pen:ent:age p:>int (o.LZS%). Except: the JSJ'IIBlt rate will not exceed 13.990%. . (D) Effective Date of PaJ'llBlt <1liqes Until the next: Pay\elt Olange Date, I will psy thHllJlll1lltof my newlllCl1l:hlypaymenteach.mOOI:h ~ on tIE f:iJ:stllDDthl.y pa)'llB1t date after the~ Cbange Date, or InterestCbange~Dit:e'if Section 5(8) bel.oil mquires me to ply the Full MxIthly Atmunt. 5. UNPAID PRHICIPAL BALANCE (A) Oalges in ~ Unpaid PrinclpalllalaDce ~ lllCI1I:hly pa)'llB1t could be less t:Im1 the amount of the interest p:>rtion of the. first. EW.1 ltxtthly Aawnt 1 C>oe or less than tre interest portloo of my finlt full ~yAuru:1tafter an Interest Change Dite. If so, the Note Holder will subt:mct tIE amotnt of my umthly~frciqtbe _t of interest 1 aoe am: will add the differeiIce to my unpaid principal balance eachDJ:lllthwtil the next: Interest Qlange Dite, ~ Note Holder will also add intel:esl: 00 the aIIIllIllt ofthia differea:e to my unpaid principal balance each DJ:lIlth. \hill the next Interest.Olange.Date when the Note Holder deI:elmlnes my new interest rate 00 my t:!en lIlpaid principal balance, the rate of intel:esl: on the intenlat acIded to principal will l:e the rate det:eImined in Secdon 2 above. ~ 1lIXIthly paJ'llBlt could be IlIlte than the aJIll1llt of the Full Itlothly Am:lu!t.If so, the Note mlder will subtmct: the differea:e frem. the unpaid principal balance of my laln each DJ:lIlth until the next Interest 0Ia0ge Dite as if I had U8de a partial prepa)'llB1t wder: Section 7 below. (B) Lhait 00 Unpaid PrinclpalllalaB:e; Required Fullltlothly AlJDtnt My uapaid pr:incipal balance can never exceed a IIllIXiIIuJI amount equal to one luxIredt:went:y-five pemenI: (l2S1) of the principal aJIll1llt I originally bc:JrrowI!d. If my plying the amount of my IllOOthly plyment after any Interest Change Dite \oD1ld cause the unpaid principal balance to exceed that IJIllXlaa aII:Ult: at any tiDe, I IDJSt pay ir8tead the EW.1 Itlothly Aawnt as my IIIlIIthly pa)'llBll: tntil the ~ Pa)'IIBll: Oa:lge Date. 6. NOTICE OF CHANGES ~Note Iblder will mail or deli-ver to me a llOl:1ce of any cbmges in the Full Itlothly h10J l: am: 11fT.lIDDthl.y pa)'llB1t before the effective date of any change. ~ mtice. will itclude infomadm required by law to he given me am: also the title am: telep.ooe ntIllber of a person Ib:l will _ any <p!Stioo. 11lBY have ~ the ootice.... B. CHARGES; LIENS tmifollll CcM!nau: 4 of the Sec:urlty Instnuent is aIlll!Died to read as fou.-: 4. ~; Liens. llorrooolar shall plY ail taxes, _SIlI!l1tll, am: other clmges, fines am: {~ti__ attr1butable to the Propen:y wtdch IIl!IY attain a priority over this Security lnstrIIuent:, aaLleMeawl pa)'lll!!Dl:S or gron:I reat8, if any, in the IlI!llDl!l" provided uOOer paragraph 2 reIeOf or, if llOl: paid in such 1ll8l'OI!r, by llorrooolar lIIIIlc:ing payment, ..t1en due, directly to the payee thereof. Bo-.:rawer shall praIIptly furnish to Leo:ler all notices of BIJIlWts due uOOer this paragraph, am: in the l!III!Ill: Bo~ shall ....... plJ'llBlt directly, Borrower shIIll pmaptly furnish to Lender receipts ~ such~. llorrower shall praoptly discharge 8lJ'} lien Wrl.ch hils priority 0ger this Securit:y Inst:r:uBlt; provided, that: Borrower shIIll mt be recp1ired to discharp,e any such lien 80 la1g as~: (a) sbell agxee in writing to the p!I}'lII!IIl: of the olJli&adon secured by such lien in a _r ~"I:>''il to Lender; (b) shall in good faith cootest 9UClt lien by, or defend ap:I.nst ~ of such lien in. le8U proceeIiqpl wtdch in the opininn of Leoler operate to prevent tre ~ of the lien or forfeiture of the Property or any part thereof: or (c) shall secure frog the b:llder of such lieD an ~ in a !om eatisfactory to Leoler. subonlinating such lien to this Securi!:y ~. If Leoler dM-_""" that: all or 8lJ'} part of the Property is subject to a lien wtdch IIl!IY attain a pdority oooer thls Security lnst:rouent:, Leoler shall senI ~ notice idmtifying 9UClt lien. Ilom:aler shIIll satisfy such lien or t:ake <:no or lime of tIE actions set forth above within ten days of tile gi~ of 1lOt:ice. C. NOTICE l.lnifora CQuoemnt 14 of the Sec:urlty lnstrIIuent: is ~ to read as follows: 14. Nodat. ll:xz:ept for any notice requited uOOer applicable law to l:e given in another ll8tIller, (a) 8lJ'} notice to llorrooolar provided for in this Security lns1::ruEnt shall be given by delivering it or by ~. it by fimt ~ IIIlil ~ to ~ at the Property Address or at such other address as ~ a:T des1pteby notice to Leader sa provided berein, am: (b) any notice to.LenIer shIIll be a;t'el by t'1DIt ~ 1IIlil. to Lender- s addren stated herein or to such other addmstI as Leo:ler lIBY ~. by notice. to am-r as pr:avided hend.n. My notice provided for in the Security ~ Iba11 be ~ to ~. ~ given to Borrower or Leoler wbIlIl gi\lllln in the IJa'1ller; looal._~ hmdn. 1>. 1lIl1l0lK ll&1ID OF TIUlST; GOVEllNINC LAW; SEVERABILITY \D1flXII ~ U of tbe Securl.ty ~ is ...sed to ftlId as fol.lA:Nt: U. l!ll.Ut.mIlliIleIi of 1'nat; ~ laJI: ~ty. This fom of Sec:urlty Instr\llllnt ccmhims ~ -.u:a for natinnId ... end ~otlIl ~t8 with lilllU:ec1 variatiala by ;riad1ction toCllllRitutll s unl","* aec:ur:ity"~ ~ real propol!l'ty. This Seorlty lnst:ruuent shall