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HomeMy WebLinkAbout0961 cE~ N~e~ or cn~g~ ' The Note Holder will maii or defiver to me a notice before each Change Date. This notice will advise me of: (i) the new interest rat: on m}~ laan as af thc Change Date; (ii) the amount of my monthly payment F'ollowing the Change Date; (iii) any additional matters which the Note Holder is required to disclose; and (iv) the title and telephone number of a person who wil! answ~er any questions 1 may have regarding the notice. B. IAAN CHARGES It could be that the toan secured by the Security lnstrument is subject to a law which sets maximum loan charges and that law is interpreted so that the interest or other loan charges collected or to be collected in connection with the loan would exceed permitted limits. lf this is the case, then: (A) any such charge shali be reduced by the amount necessary to reduce the charge to the permitted limit; and (B) any sums already collected from Borroaver which execeded permitsed limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal awed under the Note or by making a direct payment to Borrower. C. PRIOR LIENS If l,ender determines that al! or any part of the sums by this Security Instrument are subject to a lien which has priority aver this Securiry Instrument. Lender may serid Borrower a notice identifying that lien. Borrower shal4 promptly act with regard to that lien as provided in paragraph 4 of the Security Instrument or shall promptly secure an agreement in a form satisfactory to Lender subordinating that lien to this Security Instrument. i i ~ D TRANSFER OF THE PROPERTY If there is a transfer of the Property subject to paragraph 17 of the Security Instrument, l,ender may require (l) an in- crease in the current Note intecest rate, or (2) an inerease in (or removal 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 Lender's waiving the option to accelerate as provided in paragraph 17. ~ ~ E. GOVERNING LAW ~ ~i The Note and Security Instrument are to be construed and enforced in accordance with the laws of the State of Florida and the law and regulations of the United States of America. In the e~~ent of conflict between Florida taw and the laws and '}I regulations of the United States of America, then in such event the law and regulations of the United States of America shall gavern. . t . I~ By~ signing this. Borrower agrees to all of the above. i i ~ - ~ i i . : ' (SEAL) _ € Kin Londo Borra+~~er ` RESURN TO ~rst ~~tiZE~s ~ederal ACSn. .~~.~.a-...._.'..:._. ~~0....(SEAL) ~~~~ngs & ~oan Jo dra A. Londo Borrawer ~ . '716595 ~ ~ ~ k ~ ,~11 24 P 1 :40 p ~ FILEC ' ~t, . - RO~ER ~ ~ ST ' - ~ ~ € ~ R ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ tl~t ~ 1 ~ ~ ao~~ pbcE ~ ~ ~ ~ ~ _ ~ ~ - •~~r ~ ~ ~ _