ORIGINAL - FCI Exchange

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I Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any Interest In the Property Is sold or transferred (or If Borrower Is not a natural person and a beneficial Interest in Borrower Is sold or transferred) without Lender's prior wrlllen consent. Lender may require Immediate payment In full of all sums secured by this Securily Instrument. However. Ihis option shall nol he exercised by Lender if exercise Is prohiblled by Appl1cable Law. Lender also shall not exercise ihls option if: (a) Borrower causes to be submlUed to Lender Infonnatlon required by Lender to evaluate ihe inlended transferee as if a new loan were being made 10 the transferee; and (b) Lender reasonably detennlnes ihat Lender's security will not be impaired by the loan assumption and ihat the risk of a breach of any covenant or agreement In this Security Instrument Is acceptable to Lender. To the extent pennllled by Applicable Law. Lender may charge a reasonable fee as a condition to Lender's consent to ihe loan assumpllon. Lender may also require the transferee to sign an assumption agreement ihat Is acceptable to Lender and ihat obligates ihe transferee 10 keep allihe promises and agreements made In the Note and In this Security Instrument. Borrower will conllnue to be obligated under the Note and this Security Instrument unless Lender releases Borrower In wrlllng. If Lender exercises the opllon to require immediate payment in full. Lender shall give Borrower nollce of acceleration. The nolice shall provide a period of not Jess than 30 days from the date the notice is given In accordance with Section 15 within wblch Borrower must pay all sums secured by IiJjs Security Instrument. If Borrower falls to pay these sums prior to the explrallon of this period. Lender may Invoke any remedies permitted by this Security Instrument wlihout further notice or demand on Borrower. WITNESS THE HAND(S) AND SEAL{S) OF THE UNDERSIGNED. _____________ - (Seal) ___________ .Borrower (Seal) .Borrower __________ ~ (Seal) .Borrower _____________ (SeaI) .Borrower 00622439 M-alSN ItUI3) JB05OOO5 (2I2J.Jlll NOTE MULTI STATE) __________ (Seal) .Bonower ___________ (Seal) .Borrower [Sign Original Only} Pogo'01' Form 3590 3199
PREPAYMENT RIDER TO NOTE 006~~439 This PREPAYMENT RIDER TO NOTE is made this 2 3 r d day of Dec e mbe r , 2 0 0 5 and is incorporated into and amends. modifies and supplements the Note of the same date given by the undersigned (the "Borrower") to • c (the "Lender") and any riders or modifications thereto ("Note"). In addition to the agreements made in the Note. Borrower and Lender further agrees as follows: 1. The section of the Note entitled" BorrC7NS" s Right to Prepay". is hereby deleted in its entirety and replaced with the following language: 4. BORROWER'S RIGHT TO PREPAY I have the right to make payments of principal at any time before they are due. but the Note Holder may apply any tendered payments first to any amounts then due and owing under this Note or under the Security Instrument and then to principal not yet due. A payment of principal only is known as a "prepayment". A prepayment of all the unpaid principal is known as a "full prepayment". A prepayment of only part of the unpaid principal is known as a "partial prepayment". When I make a prepayment I will tell the Note Holder in writing that I am doing so. I may make a partial prepayment without paying the prepayment charge. If I make a full prepayment within one (1) year of the date of this Note. I agree to pay a prepayment charge of 1 . 00 0 0 % of the amount being prepaid; If I make a full prepayment more than one (1) year but within two (2) years of the date of this Note. I agree to pay a prepayment charge of 1 . 0 0 0 0 % of the amount being prepaid; if I make a full prepayment more than two (2) years but within three (3) years of the date of this Note. I agree to pay a prepayment charge of 0 . 0 0 0 0 % of the amount being prepaid. If I make a full prepayment more than three (3) years after the date of this Note. there will be no prepayment charge. The Note Holder will use all of my prepayments to reduce the amount of principal that lowe under this Note. If I make a partial prepayment, there will be no changes in the due date or in the amount of my monthly payments unless the Note Holder agrees in writing to those changes. 2. Section 3 of the Note regarding application of payments is hereby amended by adding prepayment charges to the list of "other charges". ~. /'\. ~aI ~ /2-2.J-oS- (5eaoJ!! t £) ________________ .(5ea1) MI Prepay Rider 1st Lien J8/12131/02 (rev 7/2003) - _______________ .(5eaI)
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Page 3: 7. BORROWER'S FAILURE TO PAY AS REQ

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