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HomeMy WebLinkAbout0944 E~N1B1T B AAM aid~r to Not• and Socu~ity I~~tcuMnt Pro~r~~s 611.1 ~ 6l?MJ, 6J?SJ. I I?.J ~ 1 AM.! •nd 3JW Thi• Rader i~ a~d~ this __L rh d~Y pt _,_____,Q~Cober ~ 19 ' 4. and i• incorporatkd into~ ~n~l ~h~tl D• de~wed to ~w~nd ~nd •uppl~AOAt th~ NOt~ ~t1d th~ t~~curity I~~ccuw~nt o[ th• ~..u dMt~ ~iv~n br th• und~rol~~~d (th• ~oe~ow to G?cy ?~d~rai B~vin~~ and LoMn A~~aci~cion ('iA~ Not• liold~r) Qv~~in~ pro~ c~y d~•a b~ ?n th~ 8acuricy Iwrtruwunt and 1ucate~ •t: 10200 South AlA ~605, Jensen Beac~S, ~lor~ a 3457 NOTICB TO BOitROWEA: Thi~ Qider chsna~r th~ tesws aE your Not• •nd S~auritr In~tcuMnt ~.n t~o ~ays: (1) Youc inters~t r~te ~h~li ~ot i~cc~~~~ Nor~ than fouc l4) p~rc~nta~~ ~~i~st• ~bov• thM init?~1 tntor~~c c~t• duri~~ th• liE~ ot th• losn and ~Z~ 'lou h~v che option to ti~nat nwnthly pay~+enc incre:~e~ to • 7!X ~n~ual payo~ent i~cs~s~• vhich vill be reflectnJ ISx fuc e~ch 2-year puciod. Modi€ication~; The coven~nt~ and ~¢ree~ent• a~ade io the Note and the Secucity Ia~tru- ment ~re modified a~ follow~: 1) Increarr• in oy interert rate as pec~itted under para~r~ph S(~) oE th• No[e vill De limited to four (4) Qaccdnta~e paiats abov~ ths initi~l in[ere~t ~ate durin~ the ?ife uf tA~ lo~n. 2) Subjec[ to the conditiona ~et forth in Por~grsph 4(C)(3) of the tiot~ and P~ra~raph 4(C)t5) Aelow. on your fir~t Mon~niy Pay..nc Adju~tMnt U~te you vi11 fi~v• th• opt?on to lia~it youc wonthly psyw~nt iacr~~~• •s perwicced in P~c~~rapfi 4(C)t2) ot che Nut• to • 1SX incr~~s~ ov~r th• prior yrar'e p~y~nt. ~ ~ 4(C)(S) Required Rull P~y~~ent Mount ~ , Be~,innin~ vith the fir~t aonthly p~ya~~nt •ftec th• l~~t Chsnft D~ts, I vsll psy ihe i~uli P~ymrnt Aiwunt •o ay awnchly p~y~ent. 9y signin~ this Rider~ Dorrove~ ~gree• to •tl oE the •bove. I Wiine~~: ~ ~ % ~ ~ •1) ~ ~ ~~c, ~.1 ~ ' - ( St ~ ~ RAN I tENTI 6orcawr L~.. ~1 ~~'c'~ r~~ ~h~n..,,~ :~.:~..p.~~ c s~. i ) MARIA PIZZIMENTI ~orrotirer ~ . ~ ~ ~ ' ~ ~ c ~ ~ € a ~ ~ ; i s~~ 445 ~~E 9~Q ~ ~ _ - } ~,w Y¢ .ry= ~ - ~