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HomeMy WebLinkAbout0934 ~ ~ 3, ~ ~ v , , , ~ - ' g n Decreasesin(heinie~e~~~~le;ina~~c~9 eq t~ ~ttt~~C~rRS'"~~`~tec~ian es resu~t~~plowerpay~n~~C§afteraChanpe~8~t~;subjQct , . _ ~ . . ~ Y4 ~ _ _ . . to the lim~"ifatio~~~s~'~~tYii~Sep on ~ W e: seutn the amount d~'i~~dritht ~'~men~~Ju~~~iter e~~~han~~ ~~tA, as ; 9 ~ prQvids~i'Sec~f~"~d~~`j''$~`if~l~t8;~ h ~te~l~Ide~rV'Villassum9~fia~~l~te`~~teres~`i'AteWi~lt~d`t~Fi~i?~~~~ga1~i~'~C~i~l~i~~`~Pti°~~ ~ Payment i~~`. ~ _ . . , . : . ~ ~ . 8. S~~~~~ ~ ,P~KA~~ A11~0~ ~ . . B~ g'~~ o[~. L' Ol ~$9 , and o~th 1ST da~i of th8'~~t~"'e1r~r~ ~ ;l~:~LV}~ i~l~?'I1~1S ~ ~~hereaite~~he"'C ~~te"); ~he'~V~t~Y~l~id~~ Wilt'ilete'~`mi~~~lFil~f~'~lh~n~{amoU'~~t ~ ~ , 4 - ~ . - ~'~'~1e, al`"1~h'~i`~~°Ir~teresi~r~te; in'~ibste"~ti~il~'''~`jUal • will be SuN1Cie~t~l`l~ ~e~ay'~iti~x Y ^ . ~t~) b~lance ~ ~'I~ti~ ~I'~i$~i Pa'~`i~i~ reslill ot ~~il§~~1~~llatibYi` WUI b~'`Ffil'''~°9~~1tlily : payments, ass~m'T~1hat'ih"~`~~"is~`'f~t "~fiA~~''tn~tti8°(~1~'i`e~~t~le ~T~fi . . . . ` w' . ~ • ` ~c . K paymeiri. ~te~r o ihl~a"y"~'~~ att~"~'Ch'~'"~~'~b~t~ will be"~h~''~ie~"~n1o~i1. ~ . . _ . . _ . t0'T~GE O~ H ES _ ~ ~ . ~ 5. N . h~lbt~'~f~i~`'i~rili ~a~i ~ne ~`tiCe ti~"1t~~lass'inail ~'t leasf'~h'~fi'~'~`~b"~~9~i~t~ th~l~`dt~2i ~n'~ 1we~?t~'i~~~ys ; . befot8 ed~^l~G~f~~t~~~I~~~e~it~'i§~t~h~~ge,' T'~'~'~i Cic~ Wiil'~ci~iise m~~~~~ new ii~terest'~ate~t~ii"i~g!'I'~a~i;~''~he ~ ~ . amount o~m~v~o~llhlj~a~?ii~i~t; antl~(lil)~~i~~? ad'd~ti~*ai linalt~rswhich''~hi~'~~t~~~t~i `i~'~l~ecl't~~ls~~lose e. CHAR(~~~L1~1S ~ ' . Uniform oVen`~'t~4~~~N(~"~`g~ is a~nende~`t~`~e'~! a~`f~iTf~~is 4. Ch~~ges'~iens.°B~'"ow8'~"~Fi~ll ~~fl'1'~tes, assess~V~r`its~ cti~es,l~?ies a~d~?iV1j5~tlbns'8ttri6~Si~bl~ to~'Clti~'`P`i$~'~tt~wh~h . ~ ~ , , . _ . ~ may altai~~~1$`f~ij~`~~~i`~Rf~S~'~i`itj~lii§t~riBM,~'~~°~~leaseh"~ild!Ppa~enlS"~~"cl~"~ts; if a"ii`y~B~WeY shall'pa~`t~~'se . obli at~~ns'i~i'1ti~~~~i~~b~itded'ir~~ ~~r`a r"~'~'h`"~;~i"~t~~5~id~i~~~t "~ner; BoY~ow~r s~ialf~ a'~"tFi~~n 1i~ ti'f~1'~'`tli~e~ti~lo t 9 p, 9 _ , . A,.,~~. ~:.a ; .~r p , . he _ a 9 P eo ~oWe make§'~ e~1ua~~tis~'8i ~~iI~B~'~'i'W~ af~`end~` a~lli ht~~ncf~~?ec~it tse~iiien~~'~~`t ~payifie Fg,~ ~:~Ii ~ . _ ~ y ~~s1 ~ ~ ; ~ ~ Bor`""7bw~~'~i~ll~'~il~ df~ti~fi`ge`any'Li~i~w~i~l'~ti"8~fi~`it~ve'~'Ilii`'s"'S~tif~f"~ ~i41~"r1t"~I~`s~B"~~`bwe~4(~'~~~*iri wnting to'~h~is~i'i~fiE~~h"~li~~tt~`~~~1~"~b'Sf'th'~`l`t~"~8tlner'~~C~~t~bt~`t~~Le~ci~r•i~~'71te~is i~3'~c~ fait~the Ii~Sb'y, ~ ` ""~i ~ . I~g~l~~edmgs"'t~ht~h`~ tli'~'l'~~`~"'`r'~"~'~f~T~~~'t'~t~ t~'T~V~~t~h'~nf~'C~~~~t ; = or detends'a n~t ~td1~~'~t~~~~i~`li8~i~i~ - ~'n . ~ ~i se~~"t'e~f~`b't~°ih~ hol~i~~ the U _ suboi8i~~t7r~t~rfe I~n t~`tht `~S~c~Yi~~t~~tns~~~" ) . ~ ~r ~i~ agreemeM sati~facl~~'`t~`Le~d~~ ~ ~ ~ ~ ~ m S "~'l~"p~irtj~"is ~l~je~t t~di'itL~i w~Titcn'~Ytia'~I ~ ~f'it. li'L°~i`d~'T°`d~t~tl~ii~iesliS"~t ~n~'~'~ft~ , . . aitain"~f~if~"~?i"~'tiiisSec't'~`~'it~/InStf+~i~1t,'L~nd~a'~f~~'t'ower""a~iiy~ti~~identity~r~'Chh'~Ii~r~B'~i v+~`8r`~sh~~l'~aU~tytheili~ii"~'`t" take one'°~`~~bfe ~~e acti8n~"s~`"~~iH' vs~itiitn 1`0'~la}1~~~~ih~'`~i~?ln~f~8tice. , ~ ~ C. ~ Pf~~fICE . Unito~r'~~oven~~I~14 ~t'~~h`~~`vl~t~"~`ge~is a~~'d~'"d 1l~"'1~ead ~'~'t~iibws: ~ ~ 14. N~~iii~es~Ai~~~oti~t~~~fowef`~it'ov1`d~ilfb"'~~`'tliisS~~~t~ty'~ri'~f'~`~t~~hallbe'giV~~i'ti~'ti~1iv~i`i~ig''it'~i'b~°"r'~allt~~"b'~ilrst , j clas`s`-maii uriless`~~ftc~til~'lar~~t~~i~s~s~"6f ar~~~tne~~~~its~a~Tne ~~ifc~`sha11 be~diteLt~`t~1h'~F~~p~h~/~`dii~ess br an~:'~tlier i . , ~ ~ > ~ f € - - . , . ~ ~ _ s'rriai~`t'~5'L'~ti~r sad~~es~"§t~ted ~ ~ heae ri~ ~~th~aacl~~ess"l`e d~~ie~ig tes b~/' ~tic'~t~Bb~toHie ~A~i"~~ti~°~~`d~ided ifi'f'i~i this`~$eCt~rii~'~liist~tt`rr~~~it`shalT'b~ ~ deeme~td~habe b~~r~``~iV~~t~°~B6~i~oWe~k~'~'Ls~~itler w~~~i'~iv~n as°~~b'~tr"d$~1`I~`itii~"p'~~~~Y~"~h, . ' D. ~UN~ORNf'S~Ct1~ITif~1NSTRUME~il7;~C;OVERNING~L~AWrSEVERA~iL~T~f - ' Uniforrti"CoV~~1an~~i5"'67~th~'`3~~~tY`Tit~1'~in~trilir~`~'~it is~am~ded~t~Y~~"~dras'ft~iloWs: . 15. ~'Governing L"aw; Severa'fi((ity TFiis~~itj~~§tr~~nt ~h~tl~b'~`'j~v~i~ned b~'t~tf~~~~la~J'v-a'n~'~he'law~~f'th~~jr`1'ti~"di~ti87~'fn ; wn~cn~in~~P~a~~iy~s~i~c~t~a}I~~`the`eVerittFi~t"finy~'~ovisl"bh^'bfcl~Iis~"bfttil~S~~~`it'~?'`In~~~`Uiii'~~1t''b~'`the~~of~wconili~tswith ~ applic~i51~"law, si~h~`~bi~fliCt`~hatler~`~t'~a~fe~ty~th'"~i"~~t"oGi`sibrisi~f ent~s~~~~ty~irist~~~~~`8~`th~~'~F!$te wht~h'`c~a~~ti~'tjiv~~i~~f~~t . . . ~ ' w~thb'Y~~`ttie`~flf~tir~g'~~o~vis`f~~ ~T2~thi's ~~i~he ~~ovis~8n~`~t iHis Se t~i ityi°tri~tr~i~i` _ E. I'RA~I~FER'"~F~Tl~I~OPER~'Y OR A' BENE~ICII~~~`IN'TERES~ It~ $b-AROW ~~f and`the'N~te:a~re deci~~~'d°t~ lie seV~tabie: ~ . ' ER , Unifo~'i~ Cb~ien`~r~t 1~7 ~~'{1~5~ `Se~ii~ ~t~Str~Ir~i`~~t is•aineAd ° tb``lead a~f~llbws: _ . ~ ~ , ~ - .:r s ~ ,~,G. ; p Y' ' 17. T~angi~i~:at ih~`~P~B`p~"rt bf ~`8~`nefi~ial Ir~l~rest tri Borrbw~f~ fi all'dr an pa~t Sf'the Pr`~ ~'rt ~'f'an irlt~rest in'~t iS"s~~ti ~r - Y' . transte~~~il'(oP"~f ~b~eti~fici~!`I~t~ti~~7~Ba~~`dw~`~ i~'s81d~l~~nsf~~f~d ~~i~ B~t~ower' i~"f1~1'~`n~tl~"~fil perS~r'~) WitfS~Tlt L'~~t'd~r~"~~ibr 2, ,r J . ~ ~ y, r P , ~ ~ ~ ~;this'.:S~c~lnty~'tn~t~~fi~r~t. wr~tten cons~nt P end'~~ ~a at ~ts ` tion~f re~tlife`i~iri~diat~ '~a m~ P`in ttlll ~f ay'sCf~s ^:c~~ec'~b , Howeve~,e°this~o tibn`~Fiall not°b~"`e`xe~cised b L~nd~~`if `ex~~~ise: is ~'~hib~t~d4~ti "•t~der.~~ law as bf'th~~"d~t~`~`~t``thi~"`S~~T~ity In`stfilment. . . It L~e?~d~'r°eic~~ise~this 8{3tt6n;~ L"ender shall.~ii~~`B~~rovJ~t ~ti~iic~;~f a~"cel~'~'~tic~n. f'fh'~ ~`~tice sli~ll ~S~O~itdL"~`~~7io'ti'~f ~i~~less . . ~ . . than'~~0'tiay~f~~~i°tlie~`d~t~~t4i'~'r~bti~~'i~ delivered'bf~~l~it~d~withir?•whi~h'~B~~`~oWet r~ust"pay"~!I`s'"1~`~`i~~'s~~~`~~b'~ttiis S~~~ity I nstrument~l~f80'~~ow~'fails~t$ pa~ thes'~"~'t~'i'filii~"~Yi~'t"t~th~ e~t'~3ltdtlbi~l~~'thi~"'~~ri~'d,~lerld~tr`i?Sa~i~i0~if(`~'~h~"~rl~tiedi~s~p~l~~{ttei~ by ; this S~ct~ii~i~~r~strurtnent~with'bi~C'f~~th~~`Ott~L°'a~~d~i~~nd~'t~i~"B~`~1`ow~r. . _ . °l:~'~'d~`r=rNill~~"r~s`~r~`~~t~5'~'s~t~""b°~`t~~r1~f~~`'if.°~~tt$~"'tS'~ny`$~f~~i~sale'~"~ttsnsf~~c'~1)~B~?"t~we~c~uses~tt~ ti~°~tikiirlitt~`f~'L~nd~r . ; . { ~~anst~~~~~~~is it'~`~new loan w~~~'b`~Irl~~ri~~d~ t~fh~`t'~n~f~f~~;"(2)wlhe t~~nsf~tee ~ inform~tt~l~'~`~'~ii"Zd~ti . . ~'l.~r~de~ t8'~V~la~dte th ~,,~titt~i~;"~`p`~`s`li~"~tibi~ 'fb~i , , ~ submitsY` t ~ s~m~ th~ loan. 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