|
'� ' ��+` Il ..._ i,�..,.. ,; .. ,. .�� ' . . : �+t ��.'4,�I:Ni.31�f: .
<br /> 1 .�r� �„�'t�; �;�"-- ��j . , • i•�r,,,�..�arr,;�. . � �f ;.�1II�
<br /> 1 p 1� , P 4 �,�y(�e�sYt�r..� , . i.'1' ' . . ,.- .�5 I��• .z+� ��' �::-+�Rt"y�ri '•�
<br /> tStilr �YWLk• •.i� � i A�M�s.•...Yr.� �.wL._:.:_.���:.''3�'.__, �s'�.��W'-�� i'�� � 1 ".- ` � .'. , . — .
<br /> . �l'�'���'�:7R� .•�h�u'W,'�4tr:y . •u..�ary. . . . '^�u�`"�.-. --
<br />._ � .�� .__"_ ,..:"e�� ._ �.,,..__�'p`7��M�i.V�'�_..._.. .._... ._ , . . _ ____T= .
<br /> - � . ._ �'�w,'aC'.AJ+-rTf,. . ,c .
<br /> . -L.. . __ _- _ .'
<br /> ..�'_—_—
<br /> '..�' �"..�"=_l'8._..,m.e,.....
<br />.�— _ . . _' io.�:� .— _ _— -
<br /> F •
<br /> ;_. .-:.� . . . . . . . p� �ne� 92, l0�,�*3
<br /> , .
<br /> . . ,
<br /> ...� � 1992
<br /> , � , , ,
<br /> . � ;� . THIS PAYMENT RIDBR is made �hls ...1471i.... day of .........t.................................. ond is
<br /> '. �� � � lncorpoeated inco and:hal1 6e dctir.�ed co amend and supplcment the Morcgage, Deed of Tnuc or Securicy Deed
<br /> „ (the "Security Inscrument")of chr same date iven b the under�signed (che "Borrower'7 co securc Borrower': � _
<br /> Noce co ....'1�F.�,'�iS.NA'fil�k.�.4�!'.. .e.�4.. �..cITY............................. ...... . �"--��
<br /> .' . � ............................................................... . . he Lender )
<br /> .........................................
<br /> ..... . (e � ..
<br /> , -..- of che same ciace and covrring che properry desccibcd in che Secucity lnstrument and located ut: _- �.�-----_----
<br /> � . " ....l.Z].4.yTFr9�l'.(�RL�6.r►.�ii�I�W..T13t+1u'W...�'i �9�0� ......................................................... _"
<br />�� � 'n"°"�'��'
<br /> '� ' � ,.. '
<br /> ADD�IlONAL CdYBNAMS.In addition ro tMe covenu►cs and agreemencs made i�the Securiry lnsttument,Bon+naer � •- �T
<br /> and Lender furcher covenanc and ag�ee as foliows: ° :—
<br /> - - '" . A.SCI�DUI.BD PAYMBI�iI'3 OF PRUVC�AI.AND�l'l'IBNB57'
<br /> �-_- _....T.
<br /> � The Noce pmvides for scheduled paymena of priacipal and inceresc as follows: L_••°��6=
<br /> . . 3.PAYA�NIS
<br /> � ° . . (A)scheduled P�y�o�eat�
<br /> � ,, 1 wiU pay principal and inceersc by making payments wben scheduled: ��
<br /> O}Olwill make ....�9............. plymencs af=.....478.13..............,........... euh on che .......... ��4°�'-:
<br /> � .....5�'H..................................... of each .....��..... ...�,��sZ......................... � �. . .1 -_
<br /> ..........
<br /> .. .................. beginning on ....�4'�'.r..�i ....................... -�.t-�.
<br /> ❑ 1 will make paYments as follows: � '° •:.
<br /> .%;�,;,i`^�:�
<br /> �.�;'-
<br /> i . iYr:wrM...�' F
<br /> , ;L_'�:ti�;�����5�
<br /> - Ox1p addition co che paymencs described above, I will pay a "baUoon payme�t"oF= ...�i?��e84.... I`•�•*���' ' '`.�_
<br /> � ._
<br /> on ....IrAY..5.�.1R97................ The Note Hotder will deliver or mail co me nocice prior to mnturity •�•
<br /> chac che balloon paymenc is due.This notice will scace che balloon plymenc amount and the dace chat ,......., ••_— .
<br /> - --_- �:� �'�!:.
<br /> - !t 15 dllC. p ��•�-' -
<br /> �� (B)Madirlty Date Aud Wwce of Payments � ��`'
<br /> 1 will make chese paymencs as scheduled uncil I have paid all of che principal and inceiesc and any other �' ' , �
<br /> charges described below chac I may owe under chis Noce. My scheduled paymencs wil! be applied co incerest
<br /> befom principal. If, on ............................�X..`a.i..�:�97........................, I still owe amounts .
<br /> E'. ^�,
<br /> .. under chis Noce, I will pay chose amounts in ful! on tbac dace, which is called the"m�—acfuri_cq date."
<br /> I will make my scheduled payments at ......��Q..�i..e.�.�r�..�.�.28 e.�!.CITY,.lVE..,..
<br /> ....6Q826.................................................................................................. or ac a differenc
<br /> .�.n
<br /> place if requiced by che Nnte Holder. � . . =�..
<br /> B.FUNDS FOR TAXBS AND UVSURAIYCB � ���`�t-
<br /> (Mark one} � �Y�;
<br /> ❑ Uniform Covenanc 2 of che Securicy Ins�rumenc is waived by che Lender. • -�::-�r,s_
<br /> � p Uniform Covenanc 2 of che Securicy Inscrument is amended co read as follows: " x�7�;; �
<br /> � 2.SCIIBDtJLBD PAYIHBIYIS FOR TAXBS AND INSUMNCB � , ., . ..
<br /> F
<br /> • , (A)Borrower's Obligsttlons
<br /> I will pay co Lender aU amouncs necessury co pay for �axes, assessments, leasehold paymenes or ground
<br /> rents(if any), and hezard insurance on the Propercy and moregage insurance lif any). I will pay chose umouncs .:..
<br /> co I,ender unless Lender cells me, in writing, chuc I do noc huve to do su, or unless che laa requires ocherwise.
<br /> I will make thuse paymencs on che same day thnc my scheduled paymencs of principal and interest are due under _. .
<br /> � the Note. °
<br /> Each of my payments undrr chis Aaragraph 2 will be che sum of the fallowing:
<br /> (i)The escimaced yearly caxes and assessmencs on the Propercy �vhich under�he law may be su�erior
<br /> co chis Security Inscrument, divided by the number of schedulyd paymencs in a year; plus.
<br /> � (ii)The estimated yearly leasehold payments or �n�und rencs on che Property, if any, divided by the
<br /> i number of scheu��led raymencs in a yrar; �+lus,
<br /> (iii)The escimated yearly premium for hazard insurrnre coverinR che Propercy, divided by che number
<br /> of scheduled payments in a yeur;plus,
<br /> (iv) The escimnted vrarly premium ti►r rnartga�;e insurnncr lif any), divided by the numbe�of scheduled
<br /> payments in a yrur.
<br /> ' Lender will rstimatr from cimr ru eimr my yrarly �.ucrs, rssrssmrnts, Ir,urh��ld �)'mi:ncs ur�;round rents
<br /> and insuranre prrmiums, which will br called the"cscnn�• itcros." Lrn�lcr will usr exisring assrssments und bills
<br /> and reasonable escimaces uf fucure :usrssmrncs and bills. The amuuncs chac I pay co Lendrr ti�r rscmw items
<br /> ' under chis Puragruph ? �vill br called che "Funds."
<br /> ' (B)61ende�e Obligations
<br /> _ 1 Ptlr1P! tllIII �PPII r6N F����l< �n :� ����nus�x hankin¢ inscicuciun which has ics de[x�s�ts or:►ccuunes insureJ .
<br /> ' or guaranteed by a federul ur scate c►Rrncp. !f Gen.�rr is such an insticu�iun, Lendet may hold che Funds. Excrpt
<br /> � su described in this Psra�raph ', Lendrt�vill usr thr Funds n� ray the escaiw icems. Lrnder will give to me,
<br /> ' wichuut charge,un annuul ura>unring of thr Funds.That accuunting musi shuw all udditions to and deductions
<br /> � from the Funds and che reason for euch de�u:ciun.
<br /> Lender may noc charge me for holdin�;��r krepin�thr Funds, tiir using thr Fun.1s co pay escn�w items, ti�r
<br /> Analyzing my paymencs of Funds,ur fur receivinK, verityinK and nxulinK assessmencs an.� bills. Huwrvrr,Lendrr
<br /> � may charge me for thesr services it LrnJrr pays me inceresc�m che Funds and if chr luw prrmics Lender ni makr
<br /> surh a chuge. Lender will noc lw reywred tu pay mr any incerest ur earnings un che �unds unlrss rither U)
<br /> I.ender and I agcee in wrieing, .�c thr cimr I sij,;n this tircurity Inscrumrnc. thut Lrn.�rr w�ll r:�}• intrrcst��n thr
<br /> I Funds; ar(ii)chr law t�ryuires Lrndrr co�ay�ntercst un thr funds.
<br /> MULTIPURPOSE FlXED RATB PAYMENT RIDER(MUlT1STATE)
<br /> I BANKERS SV3IEMS.INC.,ST CIOUD.MN 88302 FORM MVFR-PR 7�18�88
<br />
|