|
_ _cii�'i .�c �__ ,-. .,r::�- ?:,,�_
<br /> .--__� ' . . ,� __ ._. . . ._ ___._
<br /> ___ _._. �_-. ..._ - r ._.
<br /> . _ __-_ v�r L. � __._.
<br /> ' r. .. T _.�'1 . ,.- .._ '___
<br /> .. . .__._.___ __ _-..-� .. .....
<br /> _ —.� __.. - ' �: __..
<br /> I �� �,i-
<br /> � � ' . n.l N �/�{�. � .. .� ua • r�-�..._....
<br /> Y� .
<br /> ' � - pAy�gNT�gR 92-- 106.St3'7 .,
<br /> -___--_-._ --- --�-.__ ____z
<br /> �.�.�
<br /> - - � � - - THIS pAYMENI'RIDER Is made chl: 24xh y ................JulY.�..�P9�............ �nd �s
<br /> ... d4 of
<br /> • Incorpocacad lato u►d shaU be damed to wnend aad supplement the Morcg�ge, Deed of Trusc nr Secudty Deed
<br /> .__,— (ct�e "Secuti Instrumenc') of che �me dscc iven by �he underolgned (che "Hc�rcoMtr°) co�ecuee Borro�ver'�
<br /> Noce co .��.�li��..M9px#�.ca.��.axeae..�i�desA7l.�rAdik.Aa,tou............................ ......... ... -
<br /> _ '� . . . .... . .............. .... . ... . �(cbe "Leodec")
<br /> ........................................................... ....... . ... .. .... .. . . .
<br /> af�he ame due oad tovering che pc�opeccy descr�bed!n�he Securiry In:crumenc and laaced ac:
<br /> ' ._.�- ......................................4�R�.S.DU�..Lane,..Craad..islaust,..�..6;9d0�................................
<br /> ..�,,,�:a9:"'�;�.�3�`� ,ti,.�
<br /> _—"���7[i'6��h:.ill=71�3.�7
<br /> ��•^-�-:s„ . ADDQ'iONA6 OdYi[�AMB.Ia addicioa co che covenana and�g�eemma made ia che Saurfry Inscruraeac.Born�aer
<br /> '�'~"�� �nd Leader furchcr coveaaac and sgcee as folloas:
<br /> � ' ��� A.8C�DUIitD PAYi�T18 OP lRIIWl�ill.A1�iD Q�11'�T
<br /> .,.... r�.�
<br /> '�=�.:.�„� The Noa pmvida for�cbeduled paymeaa of pc�ocipal aad �aceaac a follo�:
<br /> — 3.Mlll�[Pl8
<br /> �'"'�"`�"'"��° (A)&�d�3ed Pxy�ab
<br /> —;����
<br /> --
<br /> �__ _
<br /> -�
<br /> ..:,��,o'� 1 wiU pay priacipal aad iaceresc by making paymena when xh :
<br /> * -�
<br /> . • ;.. �K, . � I aIQ make . ..59........... paymeacs of s.3.45..�4..............................eac on ..........
<br /> !ti" �,.... ..��. :� ''�" .....................�Rt.................... of each ..ut�nth...................................................
<br /> � �:�,. �' ' ....... .............................. ixgiaaiag oa ..............P.............�.................. -
<br /> . . Se tember 1 1992
<br /> t � .•,-�w<<�e• .............
<br /> '�.:-: .:•.•• :"_. � O I alil rtwke p�ymenca as foUows:
<br /> _ •� _ ��„y,
<br /> - ., �1. '�'.V�
<br /> _ �
<br /> - , A.: .
<br /> .'' , n �� ._
<br /> `_;s. � �' � � In additioa to ehe pa mencs described above, I will pa a"balloon payment" of s .4��5�.4r.��•.•.
<br /> y ..
<br /> ._.._� — --
<br /> ° , . :�:a� . : :'`. on.....�tVBVSC..�,... 5��..........The Noce Hoider�vifl deliver or maii tu u►r��r,tice�icior to mArurity
<br /> � .' "�� .�. . . dwc che balloon paymenc is due. This nocice wfU acace dx balloon paymenc amounc and che dace chac
<br /> . . � ic is due.
<br /> � • � (S� ���r D�te aad Place of Paymeata
<br /> , �� � I will make these paymencs as schedulr.d uncil I have paid all of che principal and incen�c nnd any other
<br /> • cbarga described below chac I may owe under chis Noce. My scheduled paymeaca wiU be applied co interest
<br /> " �`" 1 1R9 I s ow omouna
<br /> ,. _
<br /> � � , .,. befoce principzl. If, on .................... ugus .. . .. .,...... ....... .......,
<br /> . A t . ] . . u e
<br /> � ' - • == uader chia Noce, i will pay�chose amouncs in ful!on chac dnre,which is called che"m�turity date."
<br /> `: � . ,;,- . .•-�;.� I will make my uheduled ps►ymencs at ..4R��..�1�tsX.�3�,v�c..Paxk��Y....Roc.b�ssxex...M�1..55901.....
<br /> ` . � .. .;�+ �:; ................. or at a diffec�eac
<br /> �, � .... .• ...... . ............ ......................................................................
<br /> y�»:. • � �
<br /> ' �'�:: - place if requi�ed by che Noce Holder.
<br /> '" . d.FUNDS FOR TAII�S MiD Ni3URANCB
<br /> � 4 � �,.w:�;u. •. . ,
<br /> . . [Mark one3
<br />- �" •�, �� � '�. . � Uniform Covenanc 2 of che Securicy Inscrumenc is waived by che Lender.
<br /> ' . - ❑ Uniform Cove�anc 2 of che Securicy Inscrumenc is amended co cead as follows:
<br /> ' "��:.. � 2.SCHBDUI,BD PAYD�NIS FOR TAI�,S AND aVBUIfANCB
<br /> •• Lr
<br /> . (A) Borru�rerlc ObUpptioas
<br /> ; �'"r'4�.,. I wili pay co I.ender all amouncs necessary co pay for taxes,assessmencs, leusehold paymencs or ground
<br /> +�-"�' . erncs(if uny).nnd h�ed insucance on che Properry and morcgage insurance (if any). I will p�y chose omouncs
<br /> �,y • co Lender unless Lender cells me, in writing, chac 1 do noc have co do so, or u�less che law requires otherarise.
<br /> 'r�'� • I will make chose paymenes on ch�same day chac my scheduled paymencs of principal and interest are due under
<br /> ..,, , . _�� ` �:, che Nore.
<br /> Bach of my paymencs under chis Paragraph 2 will be the sum of che following:
<br /> � =�" ��`''�'�""L`� (i)The escimaced yearly caxes and assessmencs on che Pmperry which under che lua may be superior '
<br /> „ � to chis Securiry Instrument, divided by the number of scheduled pa�ments in a yenc; plus,
<br /> • � (ii)The escimaced yearly leusehold paymencs or ground rencs on �he Propercy, if any. divided by che
<br /> ' ° num6er of scheduled paymencs in a yeur; plus,
<br /> . '��. • (iii)The estimated yearly premium for huard insurance covering che Propercy, divided by che number ;
<br /> of srheduled payments in n year; plus, I
<br /> ' ��` (iv) 'I'he escirnaced yearly pcemium for mortgage insur�nce(if any),divided by the number of scheduled
<br /> ': . payments in u yenr.
<br /> � Lender will estimnce from time co cime my yearly caxes, assessments, lea�rhold paymencs or ground rencs -
<br /> .� and insurance premiums,which will be culleJ che"escmw icems."Lender will use existing assessmenes and bills i
<br /> , . � and �easonable escimaces of fucure nssessmencs and bills. The umounts chac I pay to I.ender for escrow icems
<br /> :�.�r.��v..�-- -'�a.vt+ . �-- '�-!- n--'-�-� �t -'711 L� ..�11�.J .I.e •`F.....�e " ..
<br /> --- ----- - -- ---- � - wwc[ awa r�uo��r�,n �. ...as ... ....... .... ..........
<br /> � �� , � �� . (B)Lender'�ObNgadons
<br /> Lender will keep the Funds in a suvings or banking inscitution which has ics deposics or�ccounts insured ,
<br /> , " or guacanteed by a federal or scace ugency. If Lender is such un institution,Lender may hold cl�e Funds. Excepc
<br /> as described in chis Paragraph 2, Lender will use che �unds to pay che escrow items. Lender will give co me.
<br /> ... without charge, an annual accouncing of che Funds. Thac accounting muse shoa all additions to nnd deduccions
<br /> � ',�: --� -- fmm che Funds and che reason tor ench deduct�ou.
<br /> " '' Lender may not charge me for holding or keeping the Funds,for using the Funds to pay escn�w i�ems, for ,
<br /> � .�,`• analyzing my payments of Funds,or for receiving, veriFying and totaling ussessmencs nnd bills. However. Lender
<br /> ' • . ' , may charge me for chese services if Ixnder p�ys me inceresc on the Funds und if che law permits Lender co mnke
<br /> � � • such a charge. I.rnder will noc be required co pay me uny interesc or eamings on the Funds unless either(i)
<br /> � ;'•` .a„� Lender and I agree in writing, at the time I sign this Securicy[nstrumenc. chac Lrnder will pay inceresr��n rhe
<br /> �• ; Funds; or(ii)the law requires Lender to pay incemsc on che Funds.
<br /> � ' MULT1PiJRPOSE FlXED RATE PAYMENT RIDER(MULTISTATE)
<br /> 4 ' BANKENS 8YBTFM8,INC.,ST.ClOUD,MN 88302 FORM MPFR•PR 7/16188
<br /> t
<br /> �� • � I �
<br />
|