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84004849
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Last modified
11/20/2008 8:26:04 PM
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11/20/2008 8:26:04 PM
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DEEDS
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84004849
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<br />(8) Additions to My Unpaid Principal: If I choose to pay the Limited Payment, my monthly paymenteould <br />be less than the amount of the interest portion of the monthly payment that would be enffieieat to-.y the <br />unpaid principal I owe at the monthly payment date in full on thematurity>datein .... .... ~ . <br />payments. If 80, each month that the Limited Payment isles& thantheinterest:pertion;.tbe;lf.' <br />subtract the Limited Payment from the amount of the interest portionand\l;ilIaddthe' <br />paid principal, The Note Holda- will also add interest on the amount of tbia~;to..tnt <br />each month. The interest rate on the i.nterest added to principal will be the raterllquiredby <br /> <br /> <br />191 Limit on My Unpaid Principal; Increased Monthly Payments: My unpllidpriJdpal <br />maximum amount equal to one hundred twenty.five percent (l2li%) of the principal <br />rowed. My unpaid principal could exceed that maximum amount if I paya Limited; <br />that my paying my IJmited Payment would cause me to exceed that limit,l will~; <br />monthly payment until the next rate change date, The new monthly payment wiDbe;fi1c~; <br />would be sufficient to repay my then unpaid principal in full on the maturity date at my" <br />in !lUbstantially equal payments, <br /> <br />(10) Required FuU Payment: Beginning with the fi.rst monthly <br />will pay the Full Ps.yment as my monthly payment, <br /> <br />B. LOAN CHARGES: <br /> <br />It could be that the loan secured by the Security Instrument is I!'Ubject to aIaw whiclnl~lta; <br />charges and that law is interpreted so that the interest or other lO">l" ,c,,,llI1'ges "ollected OI'to,liie <br />nection with the loan would exceed permitted hmits. If this . ~~e Cl!t9..e. th6.t: III any sUch~ <br />reduced by the amount necessary to reduce the charge to the permitted limit; and (2) any 8lmltt. . <br />lected from Borrower which exceeded permitted limits will be refunded to Borrower.Lender;lll8~;,.. <br />make this refund by reducing the principal owed unda- the Note or by making II direct pIlyJl1ent'to,Bdi~~!l<~'" ;. <br /> <br />C. PRIOR LIENS: <br /> <br />If Lender determines that aU or any part of the sums secured by this Security 1l1lltmmentuesubjecttoi. <br />lien which has priarity over this Soc-urity Instrument. Lender may send Borrower a notieeic:lentifybigd;l~atc, <br />lien. Borrower shall promptly secure an agreement in a form satisfactory to Lender subordinating thatliesrtoc <br />this Set.'Ul'ity Instrument. <br /> <br />D. TRANSFER OJ<' THE PROPERTY; <br /> <br />If there is a transfer of the Property as described in the Security Instrument, Lender may requil'enlan~ <br />crease in the current Note interest rate. or (2) an increase in (or removal of) the limit on the amount of any one <br />interest r8t~('han~ (ihhere is a limit;, or (31 11 chan~ in the Base Index figure. or all ofthese. as a condition of <br />the Lender"s waiving the option to accelerate provided in the Security lnstrument. <br /> <br />By signing helow, Borrower 8Cl'epts and agrees to the terms)Yld covenants contained in this Adjustable <br />Rate Rider, // _" ~ <br /> <br />//~f/ f) -?:2~'~ <br />"//' / ;;:;:;?:. . ">. <br />A--~//t:_c. "",~r <br /> <br />Borrower <br /> <br />i)2u"1.L;(c!....._-:l(__Lll~.e~~_ <br />. Borrower <br /> <br />:1:>> <br />= <br /> <br />,." <br />::J <br />o (I) 00 .. <br />g~ ~ &. <br />--I I <br />..:trn <br />-<0 · <br />~~ f~[~ r <br />~ ~ fk,l~~ ~ <br />~(I)~ ~. ~. <br /> <br />(I) <br /> <br /> -.' <br />P ..." <br />CJ <br /> r'fl <br />:- m <br />)0 '::::> <br />iJ) <br />CD <br />tIl <br />..... <br />;0 <br />)0 <br />~ <br /> <br />y, <br />:0 '~:" <br />in <br />;;.-.) \; <br />, <br />p <br /> <br />.. <br />QO <br />..c <br />V) <br />"" <br />"'t> <br /> <br />~ <br /> <br />~~i'~, <br />" ~ <br />... <br />t <br /> <br /><::> <br /> <br />-- <br />co <br /> <br />AOJUST ABLE RATe LOAN RIDER <br /> <br />f fUn .... <br />
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