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HomeMy WebLinkAbout0962 ~ I GROWING EQUITY MORTGAGE RIDER Thiti Rider i~ incor~x~ratrd intu and am~nds anJ ~upplcmcnt, thr Nute ~?I the ~amc Jate rxcruted by the unJer.igned 1"Borrower'). Tu the rxtrnt that this Rid~rruntlictti with the trrm. and runditium.ct I'orth in th~ Nute, the term~ and conditium set fonh in this Rider .hall cuntrul ~hr right~ and uhl~gatium ul the BurroHer and the N~~tr huldrr. 1. MONTHLY PAti'l11F:ti7' SCHF UIJI.E Prinripal and intere.t ~hall he pa~~abl~ initi~ll~~ in ron.ecuti~•e munthh~ in.t~llment, ut .~9.~?t.~~ ~ . . tw~ent~.i.tWo and_ 88/100's . . . . . . . . . . . . . . . . . . . . . . . . l~~ltan IUS 5 . . . .822._88. . . . . . . . . . . . May..15. . ~y.83.. on the . 15t~1~~y ~~j ~;~~h munth tkginn~ng ~?n . . . . . . . . On the . 1~~? day ut' . ~Y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . • 19. . 84 . and on that d:~y ut the munth e~~ery : tw~eh•e months thcreat~ter, until the entire indeMedne~. cvidenceJ by the Note is tully paid. the munthly in~tallment amount sh~ll # t~ inrreased by an amuunt eyual to .3•~$. ~r~ent uf the munthly imtallm~nt anwunt payahle immediately preceding such ~ inrrease. ~ I f ~ ~ E ll- ~ . . . . . . . . . . . . . . . ~ Tt~tias J. , Jr. ~ ~ ~ ~ - ~ ~ ~ W ~ ~ ~ ~ ~ ~ ~ '~R ~ BODRc~ ~AGE L~ ~ GROWING EDUITY MORTGAGE RIDER - 682 - fHLMC U"I~FOqM INSTRUMENT ~ ~ - ~ .,dtt,~. - ~ - ~ -