HomeMy WebLinkAbout0960 l~ ' ' ' '
(E) Notke of Chaages
The Note Holder will mail or deliver to me a notice before each Change Date. This notice wiil advise me of:
(i) the new interest rate on my loan as of the Change Date;
(ii) the amount of my monthly payment follawing the Change Date;
(iii) any additional matters which the Note Nolder is required to disclose; and
(iv) the title and telepho~e number of a person who will answer any questions I may have regarding the notice.
B. LAAN CHARGES
It could be that the loan secured by the Security lnstrument is subject to a law which sets maximum loan charges and
that !aw is interpreted so that ihe intertst or other loan charges collected or to be collected in connection with the loan would
exceed permitted limits. If this is the case, then: (A) any such charge shall be reduced by the amount necessary to reduce
the charge ro the permitted limit; and (B) any sums already collected from Borrower which exceeded permittod limits will
be refunded to Borrov~~er. Lender may choose to make this refund by reducing the principal awed under the Note or by making
a direct payment to Borrawer.
G PRIOR LIENS
If Lender determines that all or any part of the sums by this Security Instrument are subject to a lien which has priority
over this Securiry Instrument. Lender may send Borrower a notice identifying that lien. Borrovrtr shall promptly act with
regard to that lien as pravided in paragraph 4 of the Security Instrument er shall p:omptly secure an agreement in a fonn
satisfactory to Lender subordinating that lien to this Security Instrument.
A TRANSFER OF THE PROPERTY
If there is a transfer of the Property subject to paragraph 17 of the Security Instrument, Lender may require (1) an in-
crease in the current Note interest rate, or (2) an increase in (or remaval o~ the limit on the amount of any one interest rate
change (if there is a limit), or (3) a change in the Base Index Figure, or all of these, as a condition of I.ender's waiving the
option Eo accelerate as provided in paragraph 17. ~
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E. GOVERNING LAW I
The Note and Security Instrument are to be construed and enforced in accordance with the laws of the St.ate of Florida
and the law and regulations of the United States of America. In the event of conflict between Florida law and the laws and
regulations of the United States of Amerip, then in such e~ent the law and regulations of the United States of America shall govern.
By signing this, Borcower agrees to all of the above. ,
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