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' �. __ _ L. _ � <br /> -- -.- ---.--- ' • � � BAL100ad RlD�R --_— <br /> � � (CONDITIONAL MODIFICATION AND EXTENSIO ,LOF LOAN TERMS) _ <br /> � ;�,. � 102010 �. <br /> " .� � � �us e+u.i.aoN R�n r M.a.u�.�,�dn►a � ti .1�_, •�a w tioo�o�.ad Mo«w.n.� <br /> � � .: a.aw�,.a a«�d�a W,�,«n a�.Mona�a�.o..d a TNat a OMd to S�ar�O�bt N» '�u+.w�m7 a u�. w,w a.t. <br /> • pir�n by th�w�dwslP�d (Ih�'eonoww')to naw th� eort�oww's Nob to Farm�rs Stit� B�nk�nd TruN Can�y of <br /> . a.....a� --ph�'L�ndu')d tM wr�d��nd eovwMq th�pnprAy dMarib�d M� <br /> . �11�8�pU1ly 111�111MIIOM�11d bO�Md� °7n� �� --...........e1.t..�fi..sd Idi�+d q�hrulrf 1 <br /> " • , Ip'►�y��l �--_.�__ <br /> .:j . . TM int�t�t�Nat�d an th�Nob is caNd th�'Not�Rat�' TM d�t�o11h�Nob a a�Md th�'Nob D�t�.' 1 und�rst�nd th� L�nd�r � .' •''�.'--_- <br /> mry tmslr th�not��B�awMY Inatiun�nt�nd t1�M Hida. TM L�ndw or�nyaN who WcM th�NW�. qM B�owMy InWumNq �nd th4 Wdrr i.°.--�_:_--_- <br /> - , py trandor md who It�nUtl�d to noMr�p�ym�ntt m�d�r tla NW� b a�lbd 1M•Noq Hoid�r.' — <br /> . � <br /> . ADDIT10W1L C011Et�0ANT$. In addNon to th� cavenanb and�qrMn�ntt tn thQ Saaurl�Y 4utnmmt,eortow�r�nd LwiOw iuAMr �.- --__ - <br /> ., cov�nt�nd+pr»a toMow�(dMPk�NY�hM�9 b th�cono�rY oonl�Ywd In th�S�aWMY Yisflum�t a ih�Noty. -- <br /> ' 1. CONDITIONAL MOOIFICATION AND EXTENSION OR LOAN TER�AB �•+��--=--- <br /> At tM m�IwMy dtl�d tM Not��nd S�owfly InsNwn�nt(lh�'Not� IN�duity D�t�7� 1 wll b��bN to at�nd th�Nob MatwNy Dal�to -�,-_� <br /> QFrll 1. 20�2 , ph�'F�dmd�d IN�puky O�t�')and mody th�tJot�Fi�U to th� 'ModA�d Not�Rtl�• �"'=:m=- <br /> datwmin�d b aaacrna�wNM S�atloe 3 bNow N�N th�ca�BUaia providad In 8�allon 2�nd b b�low w m�t (th�'Canditloml Mo�catloe <br /> �nd Exlan�lan Opt{on'►. B tho�eondtlons an no!met,1 wdentsnd lhat th�Not�HokJ�r Is undrr no o�Y p�t l a n to r�nw th�Not�cr ta _-- <br /> . ' modiy ih�NoU�ns�l lh�NoU R�t�a�oMnd ih�nob Maturity Dah��nd ih�t I wIM hw�to rap�y ih�Not�front my awn�NOU►o�s or Ind `�-_ <br /> • a I�ndu wYYW W Nnd rtM th�mon�y W np�y tM NoM. �'x��: <br /> �,...�_:- <br /> 2. CONWTYONS TO OPT10N �"'�"" <br /> 111 w�nt to wc�e ths Canditlonal ModMb�tlon�nd F�4en�lon OpUon, aitain condtlons must b�mel as W th�NoU MaG�/ D�t�, _.... <br /> � Th�oondYoa�w:(i)I muN stll b�th�own��nd occup�nt of iM propw'ty wbJ�ot to ih�S�oiully InsN�nt(lh�'Prop�AY��C�I mu�t -�-__-� <br /> b�awnnt b my moMhN P�Y�b�nd cannot h�vt bMn mae than 30 d�ys wt�on�ny at th�12 �ch�dubd monihlY P�Y���MN a--- <br /> ��" pno�dh�N� Nob M�twNy Datr,(3)th�n�n no Wn�.dd�at��or�n�nas�pNr►st th�P►op�1y� or othw adr� m�tt�n�fk�p '_.�., <br /> ,::�..� � <br /> �;�� titls to th� PropKtY (�xaPt 1ar tuw�nd sp�oW sunamnta not yM dw and WY+�bM1�tny�R�r tM S�uMy In�Wm�nt w�s n�ord� �• - <br /> (�)th�ModlMd Not�Rat�oannot b�mon dwn 6 PaoenUpe Pdnts�bovs tM Nob R�t�,and(6)1 mwt mdce�wrNla►roquat to Ihe NoU G���- <br /> Hold�r ss P��in S�oUon 6 bNow. <br /> � ., 3. CALCULATINQ THE MADIFIED NOTE RATE <br /> Tha Moditad Nota Fi�ta w(N ba�flxad rata of kdxast�pual to Ihe Fader�liome Loan Mat�e Corpondan's requtrad nW yl�ld�c► <br /> 30-yev fix�d rat�mat0aya wbJsat to�80�d�y m�nd�tory dWwry �N.Dlus onehdf of on�p�rcent(0.6li) round�d to ths �nt <br /> one-elyhtb o}on�pKa�nt p.126%)ph�'Modili�d Nou R�t�'). fie nquk�d nat yiatd shaN b�th� appicabh n�t yNW N Nf�at on th� Att� <br /> ' ond tim� ol d�y that 1 notqy th�Not�Holder of my eNatlon b w�xds�tM Con6UaN1 Modifk�tbn and Extmslat OpUon.fl ti�ls nqulrod n�l __ <br /> ylald It not avaA�b{�.ih�Not�Holdar wW d�t�nNn�ih�Ma6Aod NoU Hata by unlnp eomp�raW�NfanrYon. � <br /> 4. CALCULATiNG THE NEW PAYMENT AAAOUNT <br /> ProvW�d th�Modl{�d Noto Rab n alwlaUd In Saction 3�bov�Is not qre�ter ihan S perantap�polnls�bow th�NoU R�t� �nd al � <br /> ; othar condtlont nquk�d In S�otbn 2�bore�re e�tlsAed. th�Note Hatder w(M determhe the u�auM oi th� monthly p�yment lh�t wll M ��:-'•"'�- <br /> � sufilo�nt to np�y In IuN (�)tM unp�W prkicipd,plua(b)acau�d but unpdd Interest, piue(o)W other wm� I wiN ow�und�r th�Note u�d : <br /> S�anily In�bumw�t on th�Not�IM�tudly D�t�(aswminp my manthly payments then�ra cu�rant,as nqulred under 8actbn 2�bove),over tM <br /> rpr�inlnp ad�nd�d trm at th�ModIIMd Not�R�le In equal monlhy p�ym�nts. Tha rawft of thls a�la�IWon wW be tM nwr�mounl ol my . - <br /> • prY�Cipd �nd inhnst p�ym�nt�vey month unW ih� Noto is lully p�id• :.'��:-"'''r:- <br /> , "�..;�:;,��- <br /> 5. EXERC181NG1 THE CONDITIONAL MODIFICATION AND EXTENSION OPTION ,���,;n:Y_ <br /> ' The Note Hold�r wfN notNy me at Iwst 80 calondu daye In�dvance of tha Nota MatuNty�Data and advlte me ot 1Fw principal, aacrued .��.'�"""- <br /> � �� but unpald Intwat,md W other aums I �rn eKp�ctvd to ow�on th� Nol�Maturity Oata. The Note Hdd� dso wiq �dvls� rt�t th�t i may . . • <br /> � exerda�th� Condiflond MaAficatbn�nd Ext�nalon Optfon B tha canditiona in Sectlon 2�bove ue mel. The Note Holder wiq provide my i, . _ <br /> poym�nt ncond Infomwtion, topether wllh the nune, tlUe and addresa of the pason repres�nik�q the Nole Holder that 1 must noUy M ordar � <br /> , to ucKCia th� Condqiond Modidc�dat md F�denslon OpYon. If 1 meal the conditiona ot Sectian 2�bove, I m�y exe►ds�th�CondNlonal <br /> �, � ModIl�Uon�nd Exlanslon Option by noNlykip the Note Holdar no owNar than 60 calendar days �nd no ater than 45 cataider daya pria <br /> to th� Nol�Maturity Oato. The Not�Holdar wW cdculalo th�tixad ModHlad Nota RatQ based upan tha Federal Home Loan Mortgoye <br /> Corporation's�pplkabto pubYah�d requked net ykld In eBacl on the d�te md tYne ot day noUiication is recelved by the Note Holder end a� <br /> cWcul�ted In Saction 3 abow. I wW than lurva 30 calendar diys to provide the Note Hotd�wBh�ccept�ble proof of my requked ownerehip, <br /> occup�noy�nd property Nan status. Bafon the Note AAoturiry DWa ihe Note HoWer witl advtsa me of ihe new Interaet nte (the Modifled Na� � <br /> R�te), new monthy p�yme�►t unount�nd a date,Ume and place nt whtch i mu�t appear to elyn any doamante roquked to comptete th� <br /> requked Notc Rtle modiilatlon ond Note Meturiry Date extension. 1 understand the Note Holder wIN charpe me�i250 processinp tee and . <br /> � the coata aasoclated wlth Ih�exerdw o1 tha CondNionol Modiflatlan and ExtenUon OpUan, hcludin9 but not WNted to tha eost o1 upd�tlnp <br /> the tqN Ineuranat poYcy. <br /> BY SIf�NMIO BELOW,BORROVYER aocepta and e9reea to Ihe terms end covenents contalned In Ihfa Bdloon RWer. <br /> � •� <br /> � , �� . t . �. (�89 <br /> LYO R. Ozdyah _ eonow« <br /> • l ) .\ <br /> � �� y�-,��.�y\-�l�t �t �' (Seall <br /> � Y11fl �..t01d Ch ' Bor�owa <br /> (� <br /> Borrovra <br /> (5�qn(kiqine�Onyl <br /> MUL715TAiE BALLOQN PoDER(MOOIF�CAT1pN ANO EIfiENS10N�•S�nqie Fomiry• irttld�a Mac UNiFORM iNSTRVMENT Form dt9p�10:'90) <br /> F665�.UN q7/D0) PI3N1) Up/OJ9t1 <br /> i <br /> 119p <br /> � --� — - ---. . . -- — - <br />