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HomeMy WebLinkAbout0927 ~ ~ . . , . ~ , ; - t . a ~ ' ~ti t . ~ ~ - . ' • - : - , ~ . , . . . `'4 h_ _ . i ' , , ' ' ~ ~ if . . . ' , . . - _ . . ' . - ~ . ~ . . . 'Y~ . . _ ' ' . . . ~ > MaximYei lii~r~t _ - twxunum v.~,rew. _ _ _ _ `2.0~ % wch Ch~nps O~te 2• % aeh Cf?M+~ O~t~ _ ` 2.000 % ~nnwlly 2 • % a~nw~~y 6.~ %lif~tkn~ 5•~~ %lifetimo ~ 4. PAY T AWUS'TMENT~ 4.1 PHiodie A~ustm~nt. If tfw int~?est ratf is +djustsd, th~ rtwnthly P~Y~t ot princi~l ~od intenst d~sll b~ ~diutnd, commsncing montM f~om tM dm of th~ fktt p~ym~nt snd ~+rery ~ montt?s th~rafter lche "Adjuftma~t D~t~"1, to pKmit amortizstion of tM unpiid bsiance with inter~st in epwi monthty ir~LSilm~nK ov~ tht nmslninp ttrrn. 1,2 M~ximwn _,P~ym~nt M~ustenrnb. bLbj~ct ta puilkiny idju:nn~nt~ s~ Wov_idd in p~rapnph 4.3, sd]u~trntnt of the montbly paymMt of prlnt$~ai and Irtt~st ~hNi not ~xcv~! ths p~a~ o e amouM of tM monthty paym~e+t Mnrt?~di~t~h? P~~+g ~rtc r toi{o+~: 1 IM~xknwn tncrwt Maximum O~cnMf UII~37~1t.~lL wch Ae~uwrnnt O~t~ ~t'~ !6 Nch Ad}utun~nt O~ tlnl i31'.ed% annwily ~ Oa].i~tited % ~tm,suY ~~.91~~'~% lifttim~ ~~t'~ % lif~tirrw - 4.3 EquNiz!'~.~ (t era incan:c .act a a~uma, a~d th. moncnN wym.et na ~wc bnn .aiun.d to funy «nortiz. cn.~~paw bN.nc., t~h. monthhl P~Y~t of V~inebr a~d ir~tenst ~+s~16~ ad)ust~d, oonxr~c~rg ~ mw?tM fram tM d~ts of tM tint p~ymont, s~d ewry montht tMn- ~fta, to p~nnit arnortizstio++ ot tM unp~id bsiance with int~ratt in ~quN monthly instailmoe?ts owr tM ~Mnaininp tsrm. Fiow~ver, if th~ monthly p~ym~nt !w bs~n adjutud to at to fufly atnoKis~ the uoWid bNatx~t. tlt~ Prprph I.3 d~Nl not b~ ~pplk~bN. 4A Not1e~ 01 Psttt~t ~s~a~~n~~~nt. At Iwa thkty p01 but not moti thin on~ hundnd-tw~ntll (12U) d~n b~fon snv ~di~ttrt~+t of tht monthty p~Nrr~nt, wrKtsn no~t ti~i-on to Bonarwr o6ntsiekq tM foitowirq inforrnatiotr tiwlar d~e. ~1 71N hat ~nt~1? WYmsn~t on tfiit b~n, tsouhd bY P~o~tY loand rt the aPP?o~uiett ~d~t~s, is ~cMduisd to b~ edN+stW on ~ ps+- (b1 Ths Eff~c~Ae lhtm~t Fteti on t~ io~~n a~ o! tM d~a of notia. kl 11M pwn+~±t N~auM a ot th~ psym~nt Adju:t~nent O~cs. . , 1.6 Suffiei~++eY of Notio~. My ewtie~ ~ha11 b~ d~+nd w hw! b~at OIvM to lbrrowa* wh~n k Md~Podtrd.in the i1e?ited ~tstama:.,?~~PnRa~d addr~asd to Bonov~i ProO~Y dsrcribrd in tM Mortppt a~wrir~ 1hk Not~ a ad? otMs ~ea !or tM Borrow~? a ~hown on t~endk's nco~." ~n pthK ryp~cts taid Not~ ~nd Mort~pe thsll nrnain unafiectW, urie!?irg~d a~d unkt~pNnd by r~uon of tfiq Rid~r. tN WfTNES$ NYHffiEOF, Me Aorrower _ ha~ ~xacutad this Rid~r. ' . ~ 838a4'7 ~ . FAnL J. . ~er~ 2~ a4 - ~ - f1lED ~ ORDEC ~JGLAS ~ CL~RK $T. LUCIE . • ;TY. fl.. ~ ~ • .-t t0~es) PI~E _ . - ~-.s R _ i .