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Home My WebLink About0952 . ~ . - _,...i - - - ~ ~ _ • ~ : . . G~A,DUA,TED P~YI1~dE;~l"~' ~~D~+:~ . ' (With iiiterest Rii~c Chaiiges l:~~cr~~ S Y~~urs) . T}IlS GRAl~UA7'FU 1'Al'A1ENT Rtl)t:R is mad~ Iiii. .28 il;~~' ~~f 19..~2..., :~nd is inror~wratc~l intc~ a~~d ~h;ill tx~ ci~ti•m~d tc~ .~meiul .~n~l .u~~~~irmcut thc :~1~~rlg:~~~. t?~r~l ul' ~i'ru~~. „r I~r~~~l i~? Sr~urc Ihbt (thc "Security Inslrumrnt"> uf Ihc ~~tn~ Jute givcn h~ Ihr un~l~~r~i ~nc~l (Ihr •.Il~?rn~~~~cr..) ~u.r.•~ur Il~,rr~~~~ rr'. ' Gr.~~ua~«11~uyment Nutc tu ..LOGAN...I~T~RI~ATIQNA~-...INV~~TMENT.~...I~C.. , {thr "I.rndrr..) ut~ Ihr sam~ clatc (Ih~ "I~'utc") :in~i c~~~crin~; thr . ~ rnsrerl~~ drscritx~i in ihc Sccurit~~ Iustrumrnl:~n~i lucatc~l ;~1: ~ . . ~ ..~~66...C~r.na.~~.pn..R~.ad,...Part~..St.....l.~~i.~.'..F.lor.~da. 3.34~2 . ~ i . (Prapcrty Address) - . i f The Note co~t~ins provisions allowing for changes in the. interesf ~ate ond manthly ~ paymenfs. • ~ i - The Bo~rower's manthly payment wil) inc~ease by 71/2% each year during the fi~st five i years vf the Note. Tha Bo~rower oiso may be nble to ii~ti~it moMhly payment increases ~ - ~ to 71l2% ecch ye~r during~ the second flve yea~s of the Note. The rers~aining monthiy ~ ~ . paymenls also could increase or decrea:e, depending on change.c in tlie interest rate. . . - - . F The principal amour~t the Borr~wer must repay will be large~ than 4he amounf oriyinalty ( borrow~d, but no! more t~an 125% of fhe o~iginal amount. ~ . ~ ' AI~INIIt~~:~l. Cu~'F.~A~'fs. .In a~t~lition t~~ thr c~~~•en:~nt~ anil a~rcrn~rnt~ ma~1r in Il~r ~:run~~ lnti~run~riii. Il,?nu~.r~:ui~iLrn~l~rfurthrr~uv~i~an~aii~l.i~rrcu~folli~~~s: , . - - ~ A. I\'TER1:S'I' RA'TF~ A\U Tt0\"I'HI.Y Y~l1'~tl:ti'C CttANG}:~ ' - I li~ i~ut~ ~uu~idr~ li?r ai~ L~ilial R:~~~ c,f lnler~~t ul~......~~.~.~V.....~~ . tirctiun~ 2 through uf ihr N~?t~ ~~n?~i~lc li,r ~ I~.~n,~~~ " in thr i~urrcrt ratraii~l th~-m~~utt~ly Iia~m~i~ts.:i~ fi?{li~~+s: . '2. 1\7'N:Ftl:ti l' ~ - 1,~1 Inlerest OHCS! - lnt~.~~tit w•ill b~ ~harged un Ihat ~~art uf ~r~neipal ~•hich has nut bren ~~aiel. I~zlrr~,t ~~~ill br ri~~~rgrd hrr iunii~~ ~,n ttir ~ datr i,l ~his ~li~l~ and runtinuiug uiitil th~ full amuunt of rrinripal has h«i~ ~?aicl. ~ lirginning un ~h~ ~lute ~~f this h~1tr. 1 Hili oN~e is~l~reai .~t u yearly ra!~ ~~f .~6...~Q.. ~b. Thi~ rale i~ ~;~lt:•J Ili~ "Initial Kat< <?I li~~err~1."Tlre rate ~~f i~~~~rc,t I Hill ra~• ~sill ~hange iit arcordanrr i~•itl~ Sertion 4(A) of thi~ I~ut~ ~~i~ ~h~~ :ir~l ~l:~a ~~I' .....~une.,..l.................., ly.8i~.... anJ uii th:tt d.i~~ c~~~ry 6Oth t~un~th thrrraflcr. Earti ~i,itr ~~n ~~I~i~h in} ratr uf' IIIIiiC~l CuUIt) ~'I1:l1i~C 15C:IIICII an "E~itrr~~t Cha~~ge [:;U~." _ - (!i) "Thc ]ndrx - An~•.han~rs in niy rale ul'interetit ~+ill tx~ basec] c~n rhanges in thr I:~drx. "1'hr "In~lrx" i~ th~ ~~~r~•kl~~ a~~va~.r ~ irl~l ~m l~i~i~~d Statcti Trea~ur~~ se~urities u~iju,lyd tn a cunstant maturit~• uf s~~rarti. a~ ~n.uic a~ailahfe b~~ the [~«I~ral It~tirr~: ~ 13u:~rcl. Thc most rc~~nlly availat.le In~ie~ tigure ~~s c~f th~ ~ale 45 ~la~s bt(t~rc r.ich lnl~rr.t Ch:~i~~;r t):i1r t. c.~ll~ci il~~~ ~ ..Curr~nt lndcx... If the InJrt is nu IOI1~Cf :itJ1I8I~I~. thr ~l~.~te }lul~l~~r ~ti~ill rh~n~sr n~~~ indr~ wfurh i, ha~~.f u~„Tn r~,~n~,:u:~l~!r . iiili~nna~i~~n. "I'hr N~~te I l~~l~lrr H~ill ~i~•~ nu n~~Ii« t~f Ihis ~l~~~ir~. ' ' - (Cf lntrresi After Uefault _ - l~h~ ratc oPinterest required b~ ~his Sert;~~n 2 t!nd Seciir~u (:1) hel~~~c is Ihi r,~l~ 1»~il) ~~ay hulh h~ti~;r.ancl :~t~~r ~~n~ ~irlauli ~i~,~rihed in Section 12 (t3) hrlu~~~. - 3. 't't~ll: AtiD NI.ACE Ot: }'.11'~f1:ti'!:ti . . ~ ' ' ~ I w~ll prinripa) anJ int~re~~ h~~ n~akin~ ra)~inentti c~•rr~~ ~n~?uth. ~11~ n~~,~~thfy~ ~~~~~~t, «ill h~• :~~~~~~ir.l tu iu:~rr,t ~ ~ txfi~rrrrinriral. . I~cill ut.~ke iny mc~nthly payi»~i?1~ un t1~r lir.,t ~ay ul~r:uli m~~n11~ hc~;n~n~n~ c?n aU~y.. ! i'~.. ~ 1~~ill m:ikc Ihetie ~i:~}•ments r~~cr~~ rn„nth until 1 h:?~~e ~aiil all thc ~,rin~iral anil ii~I~rr~t :inJ ai~~• ~it~srr rharLtr~ elr.rritkcl I hrl~,~~-1h:~~ 1 ma~' ow•~ uit~ier li~is Nutr. fl; on ....__.J.u11L...~........:.>::.° zc~.:1.2..., 1,till :~~~~r a~i~uur~ts t~ncicr thi. 1 . H ill ~~.iy Ihuse amuunls in full c?n that ~latc. H•hirh is raltrd th~ "rnalurit}~ ~I:~1~... , ' 1~+il~ n:ake my munlhl~~ a~ni~nt~ at ....LQGAN...~N.T.~R~AT.~~I!~AI.. INY~$~M.N INC. ~1 ~ H~ hwa #i Fort ~ erce ~'l~or~~da ~34'~Q . ; 3222 Cen~er SoutF ~ _ ~ ..............................~................................~.._....Y.........~......_..._................ ~ . _ - - ~ ~~r :i~ :i diflcrcnt place i~ reyuired by thr Nute tlul~t~r. - ~ " - 4. 1'Ul.i. PAY!NENT AAfOUtiT - (A)- C~lculAtioa ot Full Yny~mrnt Amount . ~I Earh of my first 120 monthl~~ pa~•mrnts a~uld bc.lrs~ lhan a i~ull 1':~~•mcn~ An~c~uiil. A..Full I~a~•ni~nt A+n~~un~'' - th~ m~inlhly :~mount suflicient tu re~a~• ~he anic~unt 1 ori~;inalty burre~~?e~1. ur th~ un~.:~~~i ~r~„~~r.il h:?lance ~~f m~~ I,,;~n ~,f ~ an Intcr~~s~ Change Date, in full iin the maturity date at 1l~c rate of int~rr~~ I am requirecl t~~ pa~~ b~• Scctiun 2 cih~,.L ur chi. ! Srcliun ~3 (A) in substantially equal rat~ments. t3tginning c?n the date uf Ihi~; Ne~te, mv lir~l l~ull Paymei~t :~~m,t~nt ~~ill hr U.S. S.4~J.~...~.~ unt~il the first intrre,t ChahFe i).iir. My first ~=utl P:~~•mrnt Ainuunt ~~~ill hr larg~r . - than each of my first 6a monlhly rayments. ~-ry~,,~ I I3e{'i~re each Interc~st Change Date. the Note Huldrr ~ti•ill clcter~nin~uf n~ t Paynirnt Anuwnt Ik~m~~ h?:i(~;i i= ! ~ Y~ 2g~~~~~:~ ~ 7,$~i4~? ` ; N~i1r H~~IJrr wil! first calculate my ne~v rate af interesl h}• aJding , g' l~ • ~ Currrn~ In~lex. The Note Holder w•ill then roun~l thc result of this .iJ~iit~:ii, 1~~ thr nr:irrtit ~?m-~~~;hth ,~I~ ~~n~ ~xr~r~?i~~~;r ~ ' ~x•int (0.1?S~lo)- This ruunded arnount H•il! be roy nrw rale o~ inf~rr~I.unlil !hc nrx~ In~crest ('ha~i~r I):~tc. 1-h~ \rtr ~ Dl~~ld~r ~ti~il) then ralcuiate the new amc~unt ~~f a monlhl~~ a~men~ tl~at ~~~r;ili! i>~ r;ufli~ icnl Ic~ rrra}• m~ u~>>-,aiel ~iri~irirai ~ ~ 1~J ~ - i - ~ ~ b~-~ec~r~ 8~ac ~ I~~. . GRADUATED PAYMfNT RlDER - Plan 6 GPARM-Single Fomily 4 82-fNMA Uniform Ins~rumen~ . . ~ ~".~Y~wiw.wwv~r._r...=.~+..rY3-".Sf-+a'~F.-.asa.'uc~:-a._c..~ . - - _ . a... . . .