|
<br />I
<br />
<br />r
<br />
<br />(81 Additions to My Unpaid Principal: If I ch{)(.se to p"'y 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 substantially equal
<br />payments, If so, each month that the Limited Payment is less than the interest portion. the Note Holder will
<br />subtract: the Limited Payment from the amount of the interest portion and will add the differen,,;; to my un.
<br />paid principaL The Note Holder will also add interest on the amount of this difference to my unpaid principal
<br />each month. The interest rate on the interest added to principal will be the rate required by Section A(3) above,
<br />
<br />i91 Limit on My Unplrid Principal: Increased Monthly Payments: My unpaid principal can never exceed a
<br />maximum amount equal to one hundred twenty.five percent 025%) of the principal amount I originally bor.
<br />rowed, My unpaid principal could exceed that maximum amount if I pay a Limited Payment, If so, on the date
<br />that my pa:;d.ng my LirrJted Payment would cause me to exceed that liinit. I v-v-ill instead hegi.1J. pay"ing a iiew
<br />monthly payment until the next rate change date, The new monthly payment will be in an amount which
<br />wouid be sufficient to repay my then unpaid prineipal in ruB uil the tilaturity date iit my CuiTEnt int€i'sst rate
<br />in substantially f'QuaJ payment5.
<br />
<br />001 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 />_ ....... JI."~ r....,.... ...._"..,....
<br />D. L\.Ir\..1"f Ln^nU~;
<br />
<br />It could be that the loan secured by the s.-urcy lnstn' tt is subject to a law which sets maximum loan
<br />charges and that law is interpreted so that the interest or other loan charges collected or to be collected in con-
<br />nection with the loan would exceed permitted limits. If this is the case, then: 0) any such loan charge sluill be
<br />reduced by the amount necessary to reduce the charge to the permitted limit: and (2) any sums alrea~' col.
<br />lected from Borrower which excl't'ded 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 />I f Lender determines that all or allY part of the sums secured by this Security Instrument are subject to a
<br />]jen which has priority owr this Security Instrument, Lender may send Borrower a notice identifying that
<br />lien, Borrower shall promptl~' secure an a~eement in a form satisfactory to Lender subordinating that lief1 to'
<br />this Seo.:uri t y ! us! rumen t.
<br />
<br /> ci <J)
<br /> .:r tJ) '"'-I J
<br /> z 0 ..n
<br /> ~
<br /> S r- "" "'"' '"
<br /> .. ""
<br /> E lJ) ~~ ...J ~J t;...o
<br /> :> i.~ ~ ""
<br /> V 0 ~ - ~ <. Q.. ~~ r,
<br /> ~ --- -or ,-
<br /> ~ 1'.... i .~-=. It. en c~
<br /> .~ ,,\
<br /> ... '-:'t..~ - .--.. '.
<br /> lID 1 ~c..} <~:.
<br /> 11 "..... ~ >- ,1 11_
<br /> . '-' N Q,.
<br /> ); ~ .:;:;, <:::I
<br /> "\. 1',3,.
<br /> .;:: ~ .,.... <:> .:;r- " "
<br /> c V) <.:> "'"
<br /> .... CO
<br />I
<br />L
<br />
<br />.Q.KoB:&,-.!cT/l!St:ments( L'lC.
<br />
<br />c' _.. _ ~._,-~'
<br />BY:'t( jJ~/r~
<br />-"-"~TII<~-'----~-~~~------~ < k"" '"
<br />lJt;lnald L. ~..~ '$,' 8clrroMr
<br />NI i/ ~....#..4/ ,?, 4Ct./uJ' .::-~-
<br />~ ~ - - -r:. - - I';' l' ~ ~_.'. '
<br />/y/.:o' I " '--- / .~
<br />L ,..,b.~'t..~~j.U f ~,",<--..../""~. tf - _ -- ; _ _,~
<br />c'" /
<br />
<br />. 1.. L,. )1,.c 'f::)+.l~t..u.::,
<br />.~ <' /' _~_ !~1:::'-:() ,;::'~
<br />lI... , 9f"" I: ,0/, ~"':"_,v1~e"tA.'"~
<br />~ ~#~-J/: &~~
<br />/
<br />~ h~6~
<br />
<br />
<br />D, TRANS.'ER 010' THE PROPERTY:
<br />
<br />if 1.h",;; is a trans!e!' "f the Property as described in tbe Security Instrument, Lendermayrequim(llanUt'
<br />crease in the current Note interest rate. or (2) an increase in tor removal 00 the limit on tha a..~.::n!: cd!mY.one
<br />interest rate t'haIl!!" lif there is Ii limitl, or (31 a change in tbe Base Inde:xfigure, oraUoft~as.COlIditionof
<br />the L-ender's waiving the option to accclerate provided in the Security Instrument,
<br />
<br />By signing heJow, Horrower 8Cl'eptS and agrees to the terms and covenants contained In this Adjvsteble
<br />Rate Rider.
<br />
<br />
<br />'\"i
<br />;~
<br />In.,
<br />1\
<br />
<br />en'
<br />
<br />:~
<br />
<br />./ /'
<br />/<<~
<br />
<br />~
<br />
<br />ADJUSTABLE RATE LOAN RIDER
<br />
<br />Ut&t ,.84
<br />
|