Laserfiche WebLink
<br />I <br /> <br />(8) Additions to My Unpaid Principal: If I choose to pay the Limited Payment, my monthly payment could <br />be less than the amount of the interest portion of the monthly payment that would be sufficient to repay the <br />unpaid principal I owe at the monthly payment date in full on the maturity date in' substaIltiallyeqUal," <br />payments, If so, each month that the Limited Payment is less than the interest portion; the NoteH()lderwill <br />subtract the Limited Payment from the amount of the interest portion and will addthedifferencetomy:un" <br />paid principal. The Note Holder will also add interest on the amount of this difference to my unpaidprinCiliai <br />each month, The interest rate on the interest added to principal will be the rate required bySectionA!3)above' <br /> <br />r <br />" <br /> <br /> <br />(9) limit on My Unpaid Principal; Increased Monthly Payments: My unpaid principal can nevere.xceed,'" <br />maximum amount equal to one hundred twenty-five percent (125%) of the principal amount 10ciginallYbor' <br />rowed, My unpaid principal could exceed that maximum amount if I pay a LimitedPayment.'Ifsoion the datil <br />that my paying my Limited Payment would cause me to exceed that limit, I will insteadbegin1lB:yinganew <br />monthly payment until the next rate change date, The new monthly payment will be in an amount which' <br />would be sufficient to repay my then unpaid principal in full on the maturity date at my current interest rate, <br />in substantially equal payments, <br /> <br />(10) Required Full Payment: Beginning with the first monthly payment after the final Rate Change Date, I <br />will pay the Full Payment as my monthly payment, <br /> <br />B. LOAN CHARGES: <br /> <br />It couid be that the ioan secured bv the Security Instrument is su:-, 'oct to a law. which- sets iI'iH,dmnm"loan <br />charges and that law is interpreted s~ that the int~re~t or othe; . lllr: . ,.arges collected or to be collected in con- <br />neation with the loan would exceed permitted limits, If tj,js ie ."" case, then: (1) any such loan charge shaiibe <br />reduced by the amount necessary to reduce the charge to the permitted limit: and (2) any sums already col- <br />lected from Borrower which exceeded permitted limits will be refunded to Borrower, Lender may choose to <br />make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. <br /> <br />C, PRIOR LIENS: <br /> <br />If Lender determines that all or any part of the sums secured by this Security Instrument are subject to a <br />lien which has priority over this Security Instrument. Lender may send Borrower a notice identifying that <br />lien, Borrower shall promptly secure an agreement in a form satisfactory to Lender subordinating that lien to <br />this Security I nstrumenL <br /> <br />D, TRANSFER OF THE PROPERTY: <br /> <br />If there is a transfer of the Property as describe<! in the Security Instrument, Lender may require (1) an in- <br />crease in the current Note interest rat", or f21 an increase in lor removal ofl the limit on the amount of anyone <br />interest rate change !if th,'re i$ a limit}, or 1m a change in the Base Index figure. or all of these, as a condition of <br />the Lender's waiving the option t.O accelerate provided in the Security Instrument. <br /> <br />p <br /> <br />~~J ~ <br />,~, k'.' <br />i/.' '_, ~...:___ ~i-_...,~:;-;k_~-fi:.:-!:!:._ _..__._ <br />Leo L~ske <br /> <br />By s.igning heiow. Borrower acceplS ano agn>es to t.he terms and covenants contained in this Adju~t.a:ble <br />Rate Rider. <br /> <br />:- <br /> <br />,-f..-, ~_I,""'_'_/"_';';__._"''''''''''_'~_' :',_,-"',_"._,._~,.,.,~_..i_/,, ,../.', <br />' Liai~ Liske - - <br /> <br />)> <br />OJ <br />U'l <br />-I <br />~ <br />)> <br />() <br />-I <br /> <br />L <br /> <br /> . <br /> 0::> <br />~,_l'--'" r" <br /> , \ """ <br />:N ,~'-i' = <br />fl " = <br />,;') \, <br /> '-" <br /> ~-;~\ -0 <br />.::::) \'....... <br />, , i.\ " ::x <br />"':1 , <br />c-;> ~~ .-. <br />;'-' ., <br /> t ~.L7' <br /> <br />ADJUSTABLE RATE lOAN RIDER <br /> <br />Borrower <br /> <br />Born.wer <br /> <br />(lOg' <br />g ~ .e:.~ <br />C;~ 1ft <br />:":i f"!1 ~~ ,::> Q <br />--< 0 "~ ~_~ ~~ 7: <br />-~ ~ ~\ ;l~ ~ 0 ~ <br /> <br />"'~:.:.lt kl'02 <br />"'A1, ",I 1\ ~J <br />:- ~<.~$r '. -~;;5 <br />~,"'..,I ~ <br />>1' (...)""'7" <br />-"'''--' <4.. <br />en 1'\>9 <br />V> <br /> <br />* 8tt-l4-84 <br />