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200500076
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200500076
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Last modified
10/17/2011 12:53:40 AM
Creation date
10/18/2005 3:04:24 PM
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DEEDS
Inst Number
200500076
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200500076 <br />If within TH I RTY - S I X ( 36 ) months from the date the Security <br />Instrument is executed I make a full Prepayment or one or more partial Prepayments, and <br />the total of all such Prepayments in any 12 -month period exceeds twenty percent (20 %) <br />of the original Principal amount of the loan, I will pay a Prepayment charge in an amount <br />equal to S I X ( 6 ) months' advance interest on the amount by which <br />the total of my Prepayments within any 12 -month period exceeds twenty percent (20 %) of <br />the original Principal amount of the loan. <br />Notwithstanding the foregoing provisions, I may make a full Prepayment without <br />paying a Prepayment charge in connection with a bona fide and arms- length sale of all or <br />any part of, or any legal or beneficial interest in, the Property after the first 12 <br />months of the term of the Note. The phrase "bona fide and arms - length sale" means a sale <br />in which all of the parties involved in the transaction, including without limitation, the <br />buyer, seller, lender, real estate agent or broker, are independent of one another and <br />unrelated by familial or financial interests. I agree to provide the Note Holder with any <br />and all evidence reasonably requested by the Note Holder to substantiate that the sale of <br />the Property is bona fide and arms - length. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions contained in this <br />Rider. <br />c <br />&U , (Seal) (Seal) <br />STIN KLUSKA - Borrower KIMBERLY . PADILLA - Borrower <br />_ (Seal) <br />- Borrower <br />— (Seal) <br />- Borrower <br />(Seal) <br />- Borrower <br />— (Seal) <br />- Borrower <br />MULTISTATE PREPAYMENT RIDER - SPP DocMagicAWts 800- 649 -1362 <br />6/03 Page 2 of 2 www.docmagic.com <br />
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