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<br /> ��obo9 � '.` `. . - � HALLOON RIDER _ � .. � , : �. sFU.a-�k�u
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<br /> � TEBS HAl1�ON RiDER iS o�Yde ibis Q4• diy of BEPT£MB�F: � -.�9 1492• and is.' �"���;� — _
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<br /> _ -- - .- �e�n aeds�lt Lt�t�amsn�a�d�ppiar�mt tLe Mattg��e:DeeQ ot TRSt a Oeod ta Socure Qebt t�c"S�ritY � �tr�-- � . -_
<br /> taswmmt'7 of dre aaae d�ie�m by d+e�mdas�aeQ(s6e••Borrow'u")to sscu�e s!rc Borto�er's Na�e to ' � ' ' � '.'�',>� L,�'s�t-
<br /> NORWE5T -M�RTc;AGE, INC. (dre"l.tnder••); . . .:;�.;t;;:�'�;
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<br /> _>___ Of tbC S�C d�G iBd 1a11'C�IO�t�1G QRllpOtlY dC9�71�lA iflC SEY�'11Iil�I�IISi[1ItOCbI a0d IUl`iti�d�i: , E *�
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<br /> 4315 BLRUVEl.7 ' G�AND I SLAND , N� 68801 � �;-�:�'' . • -
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<br /> �= Tf�c i�aoere.st rate staEOd oa tbt DTote is callod�he••Note Wwo.'•1be duc of tbe Nde is dbd d�•'Note Wto."!understand . ..
<br /> �,��� ti�Leadat nny C�art6c Nole.Sectuit!►Ia�uu�t aad this Rider.The I�et�detur aa!►ax wAo t�ices tbe Nac,the 5aurity I�uument _ . . . _...-
<br />` .a�; F a�d this ttfder b�r�and v�rM is ea�utTeQ tn�eaeive payments undet tbe Noie is called tbe•`Nate HoWcr.' ;j . '
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<br /> AOti1tIQI�AI.CaOVEDiA1�TS In addttioa to t6e cov�muus aod ag�ceem�NS ia tHe Savrity Insmutw�t,Bortowet�ad I�nder _`
<br /> co�ined'm t6e Secn i�tnuneot or the Note): ,s�. .
<br /> �,-: .... .,...�, ' fact6ec aoveaaqtaod sgret as fntbWS tdespite�nY�B���Y � ' a w� ---
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<br /> c - �F�`��„�•„'.J .dite of tbe Na�e aed b►suumeot tthe"1N�tucrtY i)ate'�f� i will be abk:ia obrain a at�v Imn( New - -,-- - _�.,.
<br /> ��-F—�,.� -- At�the maenri"tst - ��!! � .- - - - - -—- - � �llv�:�.._,s
<br /> °Y .�: Lt�„)wrtth a a��D�of SEPtEMBEFc iST 2422 ZO .ancC. `ta r�e�est�e eyoai m We �--� �-„� _
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<br /> '��s-- +�:�• �•�eiv Note R�oe"determiaed ip�xw�oiot with Sectian 3 bebw if aN the ooadi6ons p�Yidoit��2�d 5 6eio�r zte u�ec '. �"" _-
<br /> {f;�° {�e�;`Coaditio�at Refia�acin�U�iOn").[f those.eoadidva5 are noe met,I:�nderst�nd IWeE itie��i¢'�iitda is irodec na oW'rgatioa ` �� ' � j-��_
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<br />. - " - to�ore ar modify tbe 1Cote�iir to extad the Mamrit�Daoe.and ttiat i.w�l tisre bo iepay the Note from m7F.owt��or . '�'>' �•. :
<br /> ' t"',� '�' find a lender w�tm�w leod me the money to s+epay tbe Note: . • • . . 'k'�±i� _ �'�.
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<br /> � '�.� �' . L C�N'DrlIIOI�S't�00PTION . . ._. .' ` , _ ;_ . ' ��ti —
<br /> � . �, - . � ry . If I waat to�aceacise the Conditional ltefiaaae►ng Option at maturiry.certain coiditions mast be ma as of the Matutity bau.. .. ``�����
<br /> . ';�.: •, :_`:�` 71KSe conditions�(1)1 musE saU 6e the awner and occvpattt of the pmpen7t subjoce m t6e Securiry 1a5vument.(the"Property.)� � , _-,� ,.�_
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<br /> . , . • ' (2)1 must 6e c��tta't in my monthtY PaYm�a�and�f bace been more d�n 30 days late on any,of the 12 scdeduted moatbly �. ��
<br /> �, � p���P�8 the MaUuity�aze:(3)anY;G�C�ns(except for taxes and special ass�not y�et�Fe aad�a3�� i � �_`�f��
<br /> ' • � r • agaiact dte Pl��i.ddu[tl�:tllC licat t E,ender iu�t`otigiflat Se�uri[y InurumeA�mw1,�e�nace�7t��2t�t•�r�!'++F- . :';;. �� ;tei�a
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<br /> `� `` " fit�t E�s tQbe�'J`'ry�.eadgiwtieffnastce my taan at Ma(�u�lx �f'f����wn i.cnder��:t2�rtat��:�s�a�i'nisc 1'i�`c�iti�L'ne��:-;' $,��r ���,�� �
<br /> <;'`�en?'�. ,:1�Ik�oUt���„�;�I�i�t l.et�der wi�!s1a�t��,-;.a�;.�:'1a�'Ic�}7he 1!�N��'�he ratxt�qae::�,�rt��'� ., „ + i~ � i
<br /> �� y:' • ` _ I must'make a '��1��:;;�te I��i"aa provic�ed ia'Sectio�5�.~r � . �•;':' ,� �
<br /> py,� .: '�a!?pLS:a�i��.�:�.'�vl�tia�;':diea�t� +vi�p��+�ie�l.�':;i. . , < .`�: � '� • i
<br /> S�FF ';:�;f� � S`� `'� ` `� t,� • �e
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<br /> - -----= 3j, ';.: : ::.,. �.,, . T�£NEW NOTE RA7E •,•...; � •..- . . � . .: �
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<br /> ,�7s�.�kv>�q�ate will be a fixed rate of interest equas;o tlie Fa�'rrat Natiarol Mortgage AssaciaGon's required net yteh�€�it' �: . ;
<br /> � .- " ,. ` 3�jra�i�ied 'r`.irr mortgages subject to a 60�day mandator,r ilelivery commitment,plus one-I�atf af one perceatage poim(0.5'��. �- `. '
<br /> - •`..' . ' �oi5aic�to the nearest one-eightb of one percentagc point(0.125%)(the^New Nate Rate").The required net yield shal!be tl�e ` ' . : � _.
<br /> �J""`` � a p p l i c a b t e n e t y i e l d i n e ff e c t o n t h e d a te and time of da y that the Note Holder receives notice of �
<br /> my electianto eaencise t�e Canditional � _
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<br /> : ,,,Y.�::^�j�f{`��',;'?:���li�t,• RePu�xting Option.If this required nee yietd�is nat available.tfie Note Halder will determine ihe New;Nou Rate by using campa.c�te: ! •c
<br /> ' ' � � 1�.�+`��X.uA- �ORI4'1[IOO.
<br /> f���1�j��'����y,�7r� . . - . �; -
<br /> +�.;.��,} :=� , a:.�A:I.CULATINC Tf�11bEW�AYMENT MiOtJl��. � � `" �.�,.' ' . ..'. < < . {
<br /> :1�,��.��' - . � ;�ri�vidod ihe New Note�iatr�calculated in Sectis.�_�a#�ave is no[greatcr thai���r�,r,�'�:.�'?�iiis�fac'r��9��i�21���,�1 I;��� , �:;
<br /> F �°;t, '' . �b`��ter�di�o�;r��e��s=;s�ion 2 a�p;are s�n�.rhe NotC�v��der will determine t�e;�rm�t of the�st�i���€�,?: :::�;�.' '' '
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<br /> • that wifl be�e�'to repay in faU(a1.Cbue;a1;��ed�ir�;i�a}.plus(hl`�?:�ed but unpaid intere�.'�Stus(ef all othet s�s,�±��1�;;:j . •
<br /> ,:}� -��. ,. awe o�ndet the��and Security lnstrume,u�vit�ti.:s"���:Sr Datc(assuming my monthlY payments then are ctitnens.�s��iva�,�•. • , � _
<br /> . qndec Section 2 above).over the term of the I4%rn���*,•,e.�.+�.Vew Note Itate in equal manthly payments.The result ptf aL.,ti's,��a'iu+��" '
<br /> '. ' �,; s- -.. j w�fl�e thc amoont of my new principal attd 3n�ce�t'�w�se�rt evcry manth until�he New Note is fully paid _ �' . .l.'` .�. .. • _
<br /> ��,� "��- ! S. EI�RCISING THE COIVDITIO�i1�.�I!'�,,'.��WM"�v OPI'ION .� � ` , . �
<br />"=;'t•.. ; , , � The Note Hotdet will notify me at tq:1`6E����:�r'',t���`�n advancc af the Mau,ri;r�!�ate and�«sc me of th�,�,1i'jr�tip�1.:� , � '"
<br /> ' �'�`�: but un id intetist.and all�w�tl.S 1 ani:'se�es��.t?�;��k�,;�the Maturity Date_��.TM�e�tc Ho'dc�211:u,witi aivi���ie that$:rEay
<br /> ;;.` .{,;,. npa , _ _, .
<br /> ; • Ej ��;}�:_• • er,e�cise the Candidonal Re�r�1��Optian if the cori�.lTis i�a Section 2 above are,ineF."l"tie rate Hl��fder wi11�t+u±!iii:,?3a;:,�fayatent
<br /> `t: ' c�mrd infom�ation,tvgether wii�t the name.title and�.4��st the per.u�n represeyJ�iF��'k+�Notc HoIdcr that 1���s�.��{�;ti��arv�r •
<br /> ,�` � _ ' `�'�'��t�.,, ��i�rcise theCdn;aitional Reflnancing Option.lf 1 mee�{`t��alhditiarts c��s�ion 2�sat•e.D may er,��i�:�he Con�a�aaz�9;4��(�r,�ng • '
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<br /> ` � ''�-%'_,'` 4,�iiro�t b�'��.f1Yi��t1�e Note Holder txi later than 4S catca,d,ar days�rrsR iu+'tbtr Ma:esi�i,ry'datc.i�r:'�'i�t�Ho�der a��7�+`�`r:u3atc d�
<br /> �� ��(ti�'�v.°i'i�l��te besed upam ttte Fedesa!Natiunat Ad'si���.!c As��iatiisii�apa(��s'rrr.�ubj's�'��';ia��ired r�:t+�ii'iir#:���«ri� �: .
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<br /> � : i�iiu�#�art��e�f day notifcratian is receiveaf by the l�ot�°13i�l�er and as calcu�at�;i in�;K�:tion;sbote.t wild�Si.�1�aF+:�I3;:s9;e+a�r .
<br />. . � daye tb ptovicd��!!tp lVote Nutdet with acceptahte{+roofi;i�f.my reyuinxf owner��Yp..Uilr:ujssncy and propecty�iir:Yi.:ta1i��'_�t3c�iir4'th� i �
<br /> ' � Maturity Dace j)i��[lote Hotder will advue�of thc ncw intc�csl�ate�the l�ew� 1Wi�t�Itatc►.ne�v month(}{�ti�l3l}:ii1`iullounC�lu�8 �
<br /> ��. � ` date�time andplacc at which 1 mu�t appe3r Ib�si�n any d�umcnts rcquircd tn campletc thc rcquir��,t rcfinr►t�ihk;'h under.rand the �
<br /> . Note HoWer will C�t�'C`me an�ri�ination C�ee oF 1.Up� ��r 56qd.whichevcr is tccc. `
<br /> ''�� � ' BY SIGNII�Ifi BELE3W. Sorrawer arrcp�s and�grces ta thc terms aad covenan[,containcd in this riaif�x+n Rider. �
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