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v i. ~ RINAL. MONTHI.Y PAYMBM'S
~ 8sgin~ir~ wiLh Lhe first ~onthly pay~a~t attsr Lhs fourth Change Date~ I will pay ~
the PUll P~y~ent A~ount as ~q? ~~hly p4y~ent.
7. 1NCRBASBS IN TH6 PR1NC'IPAL~ AMOUM' TO BB PAID
(A) Aiditio~t to My U~ii Pri~eirl B~I~ce
if 1 choose to pay a ~ndwted monthly paynKnt cakulated undet Section 3(A) above, my monthiy p~ymeet could be
leu tha~ tfia amount of the inte~+at ponan o~ a momhly payn~ee~t which thm wou{d be :uMkieet to npay my unpaid
principai balance in full on the malurity date at my cument interest rate in:ubstantially equal paynxets. lf so. each month
that the amou~t of my manthiy payment is las than the intenat portan. the Note Holder wiil :ubtract tl~e amount of my,
. monthly p~rment fmm ~he amount of the ieterat portion and will add the diRerrr~ee to my unpaid principal balar~ce. The
Nwe Ho{dK wiU also add interat on the amount of th~ diRerena to my unpaid principal baisnoe each n?onth. The
inte~at ate on the interat added to p~ncipal wili be the rate requirrd by Section 4(C? ~bove.
t8) I.iwit ou My U~p~W Frhicip~l Bala~oe
My unpaid principal bala~ce can never exceed a maaimum amount eqwl to a~e hundred twrntr•Ave percent (12596)
of the principal amamt i originallp borrowed.
S. NO'17C8 OF CHANCES ~
The Note HoWer wiU mail or deliver to me a notioe of any chansa in the amount of my monthly payment before the
eRactive date of any chanse. The notice will include information requirod by bw to be given me and also the title and
tekphone number of a pecson who ~rill answer any question 1 may have regarding the notioe."
B. CHARGES; LIENS
Uniform Covenant 4 of the Sccurity Instrum~nt ia amended to rad aa follows:
4. Char~ Lieas. Bormwer shall pay all taxa. assasma~ts. and other charEd. sna and impoaitions attributable to the
Property which may attain a priority over thia Security Iottrument, and lasehoid paymrnts or grcwnd rents, if any, in the
manne~ provided under paragrsph 2 hereof or, if not paid in snch manner~ by Homower making p~yment, whrn due,
" directly b the payee thereof. Borrower shall promptly turnish to Lender all notices of amounts due u~er this puagraPb. ~
and in the event Borrower shaU make p~yment dinctly. Bomo~ver shall promptly furnish to l.ender reoeipts evidencing ~1
ruch payments. 8orrower shall promptly discharge any lien which has priority over this Security Instrument; provided,
that Borrower shall aot be required to discharge any such lirn so bng ~ 8omower: (s) shsll asrae in writing to the ~
payment of the obligation aecurcd by such lirn in a msnner acceptable to Lender; (b) a6a11 in good fiith contat such lien
by, or defend againat rntorcemmt of auch lien in, lepl pr+ocxedings Mhich in the opinion of ~.ender operate to prev~nt the
rnforcement ot the lien or lorfeitun of the Property or any put thereof; or (c) shall secuce from the holder of snch lirn an
agroement in a form satistactory to Lrnder aubordinating a~h lien to this Security Inatrument.
lf Lender determina that all or any paR of the Property is subjed to a lien which may atttin a priority over this Security
Instrumrnt, Lender shall srnd Borrower notice idrntitying such lien. 8orrower shall satisfy such lien or take one or mon of
the actions set forth above within ten days of the giving of notice.
C. NOTIC'E
Uniform Covenant 14 of the Socurity Instrumrnt is amended to re~od ss follows:
14. NoHa. Facoept for any notice required under applicable law to be given in another manner. (a) any notice to
Borrower providod for in this Socurity Instrument shall be givrn by delivering it or by mailing it by 6rst class mail
addressed to Bormwer at tl~e Property Address or at snch other addras as Borr~ower may daignate by notioe to L,rnder as
! providod herein, and (b) any noticx to Lender shall be given by lirst class mail to I,ender's addras stated herein or to such
i other addras as Le~der may daignate by notiee to Horrower as provided herein. Any notice provided for in this Socurity
~ Instrummt shall be damed to hsve bern given to Borrower or Lender ahen givrn in the manner daignstod hertin.
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~ D. U1vIFORM SECURITY INSTRUMENT; GOVERNIIVG LAW; SEVERABILITY
~ Uniform Cavensnt 1 S of the Security Instrumrnt u amended to rcad as folb~vs:
~ l5. Unifonn Secnrit~? Instrnmen~ Go~ernln~ Lw; Se~enbillty. This torm ot Security Instrument combina uniform
~ covenants for national use and non•uniform covrnants ~vith limited variations b~r jurisdiction to conatitute a uniform
ucurity instrument oovering r+eal property. Thia Securiry Inatrument shall be governed by fe~ideral law and the law of the
juriadiction in which the Property is locatod. In the event that any provision or clause of this Security Instrumrnt or the
Note c~onflicts with applia~bk law. wch conAict shsll not af[ect other provisions of thn Securiry Instrument or the Note f
wrhich can be given eBect arithout the conAicting provision, and to this end the proviaior~s of this Security Instrument and E
the Note ue declarod to be severable.
E. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER
Uniform Covrnant 17 of the Socurity Instrument is amendod to read as folloaa:
~ 17. ?ransfer ot tbe Property or s Beneflcial Intaat in Horrower. If all or any psrt of the Property or an interat therein
is sold or transferred (or if a beneficial interest in 8orrower is sold or transferred and Borrower is not a natural person)
without Lereder's prior written rnnsent. Lender msy, at [.ender's option, doclare all the sums securod by this Security "1
~ Instrument to be immedistely due and psyable. However. this option s1uU oot be exercised by Lender it exercise ia not
~ authorizod by Fedaral law.
~ If Lender exercisea such option to accelerate. I.ender ahall mail 8orrowa notics of acceleration in eccordance with
~ puagraph 14 haeof. Such notice shall provide a period d not less t1~an 30 days from the dste the noticx is maikd ~vithin
~ whieh 8orrower msy pay the sums declared due. If Borrower fails to pay such :ums prior to the eapiration of such periud.
Lrndar may. witbout further noticx or demand on Horrower, invoke any ranodia permitted by paragraph 18 hereof.
F. C'OVENAIVT DELETED ~ '
Non-Uniform Covenant 21 of the Security Instrument ("Future Advances ~ u deleted.
~ g~ 418 P~ 944
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