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<br /> BALLOON I�IDER � � . �. ' :� -_
<br /> � 0004581469 '
<br /> (CO��1TI0`AI.VIODffICAT'IO�A��EX'I'�SIO\OF LOA`TERVIS) _ . x . �.;.�x--
<br /> � :t.., _ _
<br /> ... .. ` � -
<br /> :. ........and is incorPorated into and shall be . .;:-,::j�, �
<br /> = THIS BALLOON RIDER is made on ttns .1at.tisY.•a�of trust oz Secuiity Ueed (the °SecuiitY Instrument`� of the �. ;..�-_
<br /> . .. lement the Vlortgage, . �
<br /> deemed to amend and supp :`ote to �- -- •:.��
<br /> . ', same date given by the undersi (the wer 7 o s o w s ' -
<br /> 'Borro..............t..........�......�stiiiai..�....a..l. �
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<br /> :' ...N�Ei1�tES7.MS�RtCiA.C��..IN�..................................... ent an oca a. , - .
<br /> � ' 3�
<br /> � • ...................... described in the Security —
<br /> __ ,.
<br /> - of the same date and cavesinB the property .
<br /> � �
<br /> (the 'Lendet) . .� '.�:�i;'��� �
<br /> .f ...................................................�7.Q�.RIS?..G.EiAM0�.�1RC........................._._.......................................................................... � ... .,.., �r:�' r . .
<br /> ..........................................................................
<br /> .....G4iAN.D.l�1.ANA..N�..�B$Ol........................ -
<br /> ..... .. � �a
<br /> ...................••............_....... tamnertr Aaamss) �
<br /> ' The interest rate stated on ��ot� ��theeti e�tSecutitY Instrusnenteaad this Ridere The Lendertor '' •{ , `
<br /> . 'Vote Date." I understand the Y uansfer and . . .�•". '
<br /> Inscrument and this Rider by , r; �'.- �
<br /> : anyone who takes the vote, the SecutitY . g; �.
<br /> w h o i s e n t i fl e d t o r e c e ive pa y ments under the �fote is called the"",iote Holder." . 'x:.;;
<br /> ents in the Security . .:' �'.`'��
<br /> pDl)TITONAL COV�VANTS. In addition to the covenants��f llowsr(despite anytlun� to the .. .. � `,�
<br /> Instrument, Hoaower aad Lender further covenant and agree •..k�`iz�;
<br /> � conuary contained in the Security Instn�ment or the Vote): ----_. t
<br /> date of the �ote and Security Insm�ment sr;, :`
<br /> ' tlon and Extenston oi I.oaa Terms.At the matu�tY �e Vote . ��
<br /> ,. . 1. Condition�! Mvdifica . . �` � �,'- _
<br /> .,� (the °Vlaturity Date7. I will be able to extend the viatunty Date to ...M�Y..]..�427..........................and mod�fy . . ✓�r�
<br /> Section 2 and 5 belowa:e metR(the 'Con�onal Viodificatd ion and Emensi n Option'��If those conditions apie no�t melt . -
<br /> .��- .•.-
<br /> , .-.:'�?�••:
<br /> ��, i unde;staad that the Note Holder is under no obligation to refinance or modify the Note, or�ti��dth e�oney to �� __.__Y'� _
<br /> � � Date, and ihat I will have to repay the�ote from my own resources oz find a lender willinS -, - -
<br /> " repay the Note. � '•� ��
<br /> t •.: .'9��;�- n
<br /> ` , ,:�`� Z. Condit�oas tu pptlon, If I want to exercise the Conditional viodification and Extension Option at matuiiry, certain .,,1�� :�i'
<br /> �' conditions must be met as of the Viaturity Date. These conditions are: (1) I must still be the owner and occupant of F_>� ' _
<br /> . � the property subject to the Security Instsument (the'Property'�; (2? I must be �n�tsmi nmediat�e Y P��S he -...°,.._.�•_...,.-- •
<br /> cannot have been more thaa 30 days late on any of the 12 scheduled monthlY paym '"'�
<br /> �...
<br /> Maturity Date: (3)the viodifiedo e�Ho der prnovid in�Section 5 bel�ow(S7e th lien oth Security Instnune)nt must : . . —
<br /> make s►written re9uest to t •
<br /> be a first and prior lien against the Property� (6) I must provide the Vote Holder evidence satisfactory to it that the
<br /> - r,�is of!he o�»n�s of other security interests eacumberin8 the Property are subordinate to the ri�hts of�ote Holder, -- --
<br /> includiag, among other things, subordination a�een►ents and title insurance rudore�acnts in farms acceptable to the r'
<br /> � Vote Holder;and (� if there are aaY other secuntY interestg encu��g the Property,.1 must satisfy aud comply with
<br /> . all other requirements of the Note Holati n�orthe Feg.deral Nome Loant�/Iort�Be CorP mu°n ia effecc a hetime of � �
<br /> the Federal vational viortgage Assoc+ �••
<br /> maturity. . . �_
<br /> ° �.
<br /> ' Form 3780 07/69 lPaqo�of 2) r .
<br /> Substanhauy Sim��ar to MULTiSTATE&4LLOON RiOER ��pgp�Rav 07/25/95 � , � .
<br /> . S�n9ie Famdy•FNMA Undorm�nstrument • . _ _
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