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<br /> � � . . � • PAYMBNT RIDBR �
<br /> 4260'7 °�-=:---
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<br /> THIS PAYMENT RIDER ia made this ..:'�!'::..... d4y of ;!)4?'• ' �'''',: .. ............ and is .. ,
<br /> .l i r................ .. �::_�.,�:.-:�
<br /> � � ° .° incory�oraced into and shall be deemed ro amend and supplemenc che Morcgage, Deed of Trust c�r Seruricy Deed " ��"-:`-
<br /> �� (che 'Security Inacrument") of che snme date fiven by che undrrsigned (the "Bormwer'7 co secure Barrower's `". - "=p���t!qr:�—
<br /> I 111 I IU�U tt5 ti�(�\'I1 };1�;1, �;1 ,� ��. .....�.. ......... y',.,J . :',"�,c�
<br /> NOttt0 ...... .. . . . .. .. . ..... . ... .... .......�.................................... . , _._A...-
<br /> ' � ` . .... ............................... (thr�.:l.rndrr") n' :�,--�,.,,�.,�.
<br /> - - -- ........................................
<br /> .................................. . . ._ __
<br /> � , • ,, . of che same dace and covering the p�npeccy descrlbed in che Secu�lty lnscrument and locaced at: � ;,��:e�,::,�.`__
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<br /> .. t3.b L\��l' !,Iti>Ilf2li 12i�-u�:.':K 1;U (�;i,�1�1.'• :t, i„trin'.......................................................... . . �.
<br />, ................. .. . .. . . . . . ..����aa�i• .
<br /> ' ••::;,: , –
<br /> � ADDI710NAL COVBNAPTI'3.In addicion co che covenancs nnd agreemena made in che Securicy lnscrumenc,Bamaer -• -
<br /> ,� ' and I.cnder furcher covenanc and agree�.s follows: ' ��. : �
<br /> � • A.SCNBQNBD PAYl1�NT3 OF PRIIVC�AI.AND IM'BRFS7' '"�°, , .. .
<br /> - �15 11. ' ".'.;ti��l.•a••.y��._:..
<br /> • • ' �;:ti The Noce provides for scheduled payments of principal ond incecest u follows: ' � -
<br /> _ :y,I`vci...
<br /> . ,. .. .: 3.pAYl1�N'I'3 p� � . . ,,�.•:-.��.
<br /> , ,,,
<br /> ;... ,
<br /> ' -, �; (A)3chednled Payme
<br /> , • � I aill pay principal and inceresc by making paymencs when uheduled: .,� •1��:• "'� "�4
<br /> '; aymencs of 5...:!�u,��E�............................ each on che .......... �I.; � ~'�'
<br /> . ��I will make ..... ............... p . ,
<br /> ';t�; . ............... of ea�ch ..:Y.:ITlJ................................................... .
<br /> '. ....: . ................... .. .
<br /> ................ beginning on ..:1ciill....:?.....��,:................. -_
<br /> . ...... � . �.
<br /> p I will make paymencs as follows: 1 , , � "
<br /> F . :�:-t'.'.'
<br /> � �__ :
<br /> .:�,-.
<br /> C �;x�':f�
<br /> � b;r_:.�–
<br /> � , s�i'.
<br /> (51'�In addition co che paymencs described above, I will pay a"balloon paymeni'of= ..::..::�..�.:.;;...... ►: . .
<br /> _�
<br /> on ..::�...::;;.r?�..!.'.'::�.............The Noce Holder aill deliver or mail co me nocice prior to macuriry F � ` .
<br /> __ -__--- cl�c th-_ lr�4loon gaymPn� ic due. This nocice aill scace the b�lloon payment amou�c and che dace that � �.,s .%
<br /> it is due. � ��� �
<br /> (B) Matneity Date and Place of Payments �•��y ..
<br /> ' I will make these payments as scheduled uncil I have paid all of che principal and interesc and any other , •,
<br /> • � charges described beloa chat I may owe under chis Noce. My scheduled paymencs will be applied to inceresc .
<br /> before principal. If, on ..........................:I�lt':!�..;1....!:!'.!?....................., I still owe amouncs
<br /> !
<br /> under chis Note, I will pay chose am�uncs in full on chac dace, which is called che "macuricy dace." • '` �
<br /> I will meke my scheduled paymencs ac ....l,;:d.J..::�JS1:�......,J.'�t.t7!:....�1....ilitt�i.l...�::...�vJ:.:::.
<br /> ........................................................................ or at a different k . ,.
<br /> ...................................... �
<br /> , . plue if required by che Nure Holdet ' ''
<br /> B. FUNDS FOIt TAXBS AND INSURANCB _
<br /> ' [Matk one}
<br /> C9��Uniform Covenanc 2 of thr Securicy Inscrumenc is waived by che Lender. � . -
<br /> p Uniform Covenunc 2 of the Srruriry Inscrumenc is amended to read as follows: ..
<br /> 2. SCHBDULBD PAYMBM'S FOR TAXBS AIYD INSURANCB �
<br /> (A) Borcower's 068gaHons
<br /> I will pay co Lender all amouncs nrcessary tu pay for caxes, :usessmrnts, leasehold paymenes or ground
<br /> renes (if any), and hs►zard insurancr on �he Pmprrey and morcgugr insurance (if any). 1 will pay�hose amounes .
<br /> to Lender unless I.ender cells me, in wricing. [ha[ 1 do noc have co do so,or unless [he law requires ocherwise. ,
<br /> � I will make chose paymencs on che samr Jay chac my schrduled paymencs of principal and interest sre due under ,
<br /> the Note.
<br /> � • i Each of my payrnrncs under chis Paragraph ? will br rhr sum uf chr followin�;
<br /> � (i)The estim�►�ed yrurly cuxes and assessments �m ehr Pn►E,erry whirh under che lua muy be superior
<br /> F , co chis Serurity Inscrumrnc, dividrd by che numbrr uf schr�lulyd puymrnts in a year; plus,
<br /> (ii)The escimaced yearly Irssrh�ild paymrnts ur ground renes �n the Pmperty, if any. divided by che
<br /> number of scheduled payments in a��eur; plus,
<br /> (iii) Thr estimrted yearly premium ti�r hazard insurancc rovrrin,� thr Proprrty, diviJed by the number
<br /> of srheduled paymrnts in a y�ur; rlus,
<br /> (iv) The estimated yearly prrmium ti�r mc�rt�;a�;r ins�uanrc(if am•),�1iviJr�l by rhr numbrr uf schrduled •
<br /> paymrnes in a �•ear.
<br /> Ixnder will escimacr fn�m timr cu cimr m�• pearl�• taxrs. .►ssrssmrncs, IrusrhulJ pat•mencs or�mund rents
<br /> and insurunrr premiums, which�vill be cullyd thr"rsiru�v ic�:m�."Len�lrr will usr exiscin�; assessmrncs and bills
<br /> and reusonable rstimatrs aF fucure .►ssrssmrna .►n�l bills. '['hc .�muunts chac 1 p;�y� cu Lrnder ti�r escrow icems
<br /> � under chis Par�grapli ? will b�rallyd chr "�unds."
<br /> � . � (B)Lender's ObHgations
<br /> � Lrnder will krrp thr Funds �n a sa�•in};s ur n.►ni:in� ins�iru�iun wi�i�i� iia� i��ucFx�������r .,�..����ts���sar�.;
<br /> � or gu�ranteed by a tedrral or stacr ��;en���. It Lrn�lrr is cu�h an mstitutiun, Lrndrr mny huld thr Funds. Excrpt
<br /> ' us descri6ed in this Para�raph �, Lrndrr �vill usc thr Fun�ls t�� ��a�' rhr rsrriiw items. Lrndrr will �,ivr to mr,
<br /> , withoue charge. :�n annual a�iuuntin� uf�hc Fun�1s. 'Chat accuuntin�;must shuw all:�Jditi��ns ti�rn�1 drJurtiuns
<br /> � from che Funds and chr rrason fur carh dr�lurcirn.
<br /> Lendrr may noc ch�rgr mr For huWin�;ur krc�•in�; thr Fun.1s, ti�r usin�; thr FunJs tu �+a�• rscruw itrms, ti►r
<br /> ± unulyzing my puymrnts ut Funds,or titt rrcrivin�, vcrityin�; an�! cu�alin�; assrssmrnts and bills. Huwrvrr. Lcn.lrr
<br /> may rhar�e me for thrs�• srn•icrs it Lrndrr�uys mc interrst un thc Funds an.� it thr I,�w prrmits Lcndrr tu m.�kc
<br /> such a charge. Lender will nut hr reyuirr�l «� pr}• me am• incrrr�c ur rarn�n�;� un the Funds unfes� eichrr ��l
<br /> I.endet anu I aurre in writin�, at thr time I sign this Seruric}• lustrumrnt. that Lrndrr ��•ill �•.iy�ncerr,t un chr
<br /> Funds; ur lii)the law rryui[cs Lrndrr [u �+u)' intcrrst un th� Fun.ls.
<br /> MULTIPURPOSE FIXED RATE PAYMENT RIDER IMULTISTATEI
<br /> BANKERS SYSTEMS.INC.ST CLOUD.MN 68302 FORM MPFR-PR 7i16lBB
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