Preview
FILED: KINGS COUNTY CLERK 07/13/2022 04:50 PM INDEX NO. 520498/2021
NYSCEF DOC. NO. 52 RECEIVED NYSCEF: 07/13/2022
EXHIBIT B
FILED: KINGS COUNTY CLERK 07/13/2022 04:50 PM INDEX NO. 520498/2021
NYSCEF DOC. NO. 52 RECEIVED NYSCEF: 07/13/2022
TRUE CERTlRED COPY
. Loan D #
InterestFirst= NOTE
ganuai*y 31st, 2006 BROOICLYN, NEW YORK
(Date] . . .. [City] FState).
11207^
639 HENDRZX STREET, BROOKLYN, NEW YORK
Address]
[Pmporty
L. BORROWER'S PROftilSETO PAY .
in return for a loan.that.I have received, I promise to pay IJ.S. $455,200,.00
. (this amount is called
plus interest, to the order of,the Lender.
¶Prindipal"), First
The Lendec is SuffolicMort!age .Corporation
. . .I will
makeall payrnents under this Note in the
form of:cash, cheek or money order.
Iunderstand that the Lender.may transfer this Note.
The Lender or anyone who takes this Note by transfer and
who is entided to receive payments under fliis Note is called ihe rNote Hdid6r."
A INTEREbY ,
Interest …ill be charged on unpaid principal until the foll
amount of Principal has been paid.
I wU1 pay interest at a
of- 7.125
yearly rate %.
The interest rate re!uired by tliis Section 2 is the rate I will
pay both before and after any default describettin
Section 6(B) of'this
Note.
3. ..PAxENT
(A)·Timeand Place.of Payments
a payment every month.
I will.make one
This.payment wil] be for interest only for the first
Hundred. Twenty
months, and then will
consist of principal and intereât.
I will 1sti
make my itnonthly payment on the. day of eacli month.begitming on March
1st,
2006 I wlli
make thesepayments every month until I have pak1all of the principal and interest and any
other·charges.describe&below that I may owe undeithis
Note. Each monthly payment will be applied as of its
scheduled due date, and if the paynient includes b'othprincipal and interest it will be applied to interést before Principal.
If,on Pedruary 1st,. 2036 , I stit1 owe amounts under this Note, I will pay those amounts in full on diat
Date."
date, which is called the "Maturity
I will 14·76
ináke rhy monthly paymentsit bEER PARK AVENUE 2ND FLOOR, NORTH BABYLON, New
York 21703 or at a differect place if required by the Note Holder.
. (B) Amountof MonthlyPayments
-My monthly.payment will be in the amoutatof U.S. $2·, 702 e75 One
for the first Hundred Twenty
nionths of-this Note, and thereafter will
be in the anjount of U.S. $ 3 , 5E3. 40
. The Note Holder will notify me
priorto tlie date of oliange in monthly payment.
4 · TORROWER'S RIGHT TO PREPAY
I have the right to make paymentsof Principal.at aFy time before they are due.
A payment of Principal only is
·a' "Prepayment."
know as When I mak'sa Prepayment, I will
tell the Note Holder-in writing that I am doing so.
I
may'ndt designatea payment as a Prepaymentif t have not made all the monthly paymentsdue under the Note.
. I may make a full
Prepaymentor partial Prepaymentswithout paying a Prepaymentcharge.
The Noto Holder will
use niy Prepayirients to reduce.the-amountof Principal that I owe under this Note.
However, the Note Holder may
apply my Prepayment to the accrued and unpaid intereston the Prepayment amount, before applying my Prepaymentto
reduce·the Principal amount of the,Note.
If I make a partial Prepayment, there will
be no chatiges in the due·dateof my
monthly payment miless the Note Holder agreesin writing-to tilose change½.However,.if
the partial Prepaymentis
made diaring the period when my monthly paymentsconsist only of interest, the amount of the monthly payment win
foi·
decrease. the remainder of the term when my paymentsconsist only of interest as.well as during the time that my
päyrrients-consistof priincipal and·in'terest. If thepartial Prepayment is made during the period when my payments
consist of principal and interest, the-amountof my monthly payrnent will
intdecrease;however, the princ
st and the
interàt
required-under this Note will.be paid prior to the Maturity
Date.
5. :LQAN CHARGES
Ifit.1aw, ·which:applies to this loan and which setsmaximum loan charges, is firm1ly interpreted.sothat the interest
or·other,Ioan chargescollected·or to be collected in connection with this loan exceedthe permitted-limits, then:
'(a) any
such·loan charge shall-be reduced by the amount necessaryto reduce the charge to the permitted limit;
and (b) any sums
alreadycollected
fromme whichexceededpennitted
limits
willberefundedtonie.TheNoto Holder may chooseto
make·this refund by reducing the Principal I owe.under this Note or by inaking a direct payment to me. ·If a refund
reduces Principal,
the reduction will be treated as a partial Prepayment.
6. ·
DORTROWER'S FAILURE TO PAY AS REQUIREI
(A) Edte Charge for
Overdue,Payrnents
If has not received-the.full amountcif any monthlý paym'entby the end of Fifteen
the.Note holder
dalendar.days afúir the date it is due, I will pay a.)aticharge
to the Note 1folder
The amount of the charge will be
T;000 % of my overdue paýmont of interesi and/or principal and interest.
I will pay this late charge promptly but
only once on each late payment.
(B) Default
ifido liotpay
the full
amount of each monthly payment oI
the date.it is due, I will be in default.
(C).Notice
or·DeihuIt
J am in default, the Note Holder may send me=ewritten notice telling me that if I do not paý the overdue amount
by a certain date, .the Note Holder Îay-require
me to pay immediately the.full amount of Principal which has not been
.paid anall.the.interest finit Lowe en that amount.
That date must be at Ieast:30 days after the date on which the notice
idnilledto me or delivered.by other raeatis.
.
NEWYOSKInterestFhstilXED RATENOTE-·SinglePamlh-hnnieMaeUNIFURM-INSmUMMIT Porm32n.33 1/D1
.· .. (pase1offpered
NYt1F1.-on32001 www;MortgagenañktugSystenu.com
FILED: KINGS COUNTY CLERK 07/13/2022 04:50 PM INDEX NO. 520498/2021
. ... .
NYSCEF DOC. NO. 52 RECEIVED NYSCEF: 07/13/2022
.- Loan ID #
·_(D). No Wniver NoteHold r .- .
By . .
Even if, at·a time when I.am in-default,. the .Note Holder does not require me to pay inimediately in full
as
ill still have the right to do.so·if I am.in default at a later ti'me.
described abqve, the NoteEolder
(E)· Payment .of Note
Holder's. Costs and Expenses
. ..
Ifthe Note Holder-has required.me to·pay immediatély in full as.describedabove, the Note .Flaider will have the
right 16be.paid back by me.for idl 'of its ebsis·nudexpensesin enforcing this Note to the enent not pr6hibited by
applicable.law. attorneys'
'include, fór example, reasonable
.Those·.expens'es fees.
7. GIVING OF NOTICES .
. Unless.applicable.1awrequires a diffeient method,.any notice that Inu'st he .given.to me under this Note wilt
be'given
by delivering it or-bysmiúling it by first classmail to me at the Property.Address above or at a different addressifl.give
the.Note }Iolder a notice of my different address.
Any notice that must be given to the Note Holder under this .Note .will be given by delivering it or by mailing st by
first classmall to the Note Holder it
the addressstated·inSectici13(A) alpve or at a different,.addressif I am given a
notice' of:that
different address,
8. OBLICATIONS 0F FERSONS L1NDER THIS-NOTE.
Ifmore thaDone-person.signsthh Note, .epchjperson·isfully and.personally obligated to keep all of the-. romites-.
made.in this Note, including the-próinlse to.pay the.fu]l. amountowed ·
,:Any -personwho is a,guarantor, surety or. :
endorser of this Note is also ghligated to do thesethings. ' Any person uho takes-over these obligations,
this' including the
obligations of a·guarantor surety or endorser of
Note,. is also obligated to keep all of the promises made in· this
Note, The Note,Holder may eriforce:its rights under this.Nóte against·eachperson individually or against all of us
together.
This means tliat any one of us inay he.¾equiredJo.pay all.ñf
flie amounts owed under this Note.
..
9. WARERS ..
- .Pand any other person who has obligations u°der this Note waive the rights .of Presentmentand Notice of Dishonor.
Presentment" means the right
to require. the.Note Jolder "Notice of Dishonor"
to demand payrnent of amounts due.
means the right to require die Note IHolder to give nofice to other pairsonsthat amountsdue.)ave not been.paid.
10. UNHORM.SECURED NOTE
This Note is a uniform instrument with limited. variations in some'jurisdictions.
In addition to the protections given
to the Note·Holder under this Note, a Mortgage, Dead of Trust, or Security Deed·(ghe"Security Instemnent$, dated the
same.dateas this Note, protects the Note Holder from possible losses which might result if,I
do not keepithe promises
which I make in·this Note.
That Security Instrument describeshow and under that
conditions ·I may be required.to
malie immediate paymers in full
of all amountsI owe unÂlerthis Note.
Some of thoseconditions are descritied li
followä:· --
Lender may -require lintnediate payment In full df-all Shms Secured by2'thisail· ér -
Security Instrument·ifany
part of-die Pr perty, or if any ·right in the Prop¿rty
is sold·or transferred without LeIder's
prior written
wrmhsidn,·If Borrower·is not a natural person and a benefloini interest.in.Borrower is sold or transferred
without Leader's·ptior
written·permission, Lender alsiVrnay-reqsitiPiziunediatepayment in full.
However, this
option shali not bewercisèd
by Lender if such exercise is prohibitEd by Applicable Law.
IfLender requires immediate payment in fidi under this Stiction·.18, Lander will
give me a notice which
states thisqinquirement.
The notice will give me at:1east30·da'ysto·make the required payment.
The 30-day
. period will
begin-on theÄiate the notice.is given to ine in the manner required by Section 15 of this Secutity ·
If I do·not malýthe
Instruinent. required paymerit during that periód, Iznder my
act to'enforce.its fights
..
.under.this Security .Instrument without giving ane any.further notice ór..demandfor payment.
.
€1TNRSS TBi.HAND(4 ANDÈAL(S) OF THB.UNDERSIGNED .
AES .FREDERICK . . . . -. . -Bo rower
. . .... .. .-. .. . .
(Seal)
PAID TO Tl-tE ORDE OF
TSean
.W1
. OUT
. . REC R Barrower
LON
MARIA· M. PÒDRAZA (Seal).
PRESIDENT °'""°r
.-
(Seal)
. -Borrower
-Borrower
. [Si8n Originiti
Onlyf
NEWYORKinterestMrstPix1m RATENOTE-.sigleFåmiy FannieMueUN]FORMINS tUNiElfr - Form3271.331/01
. I Se2 of 2 pages)
NÝ1HG- Ott3200f .. .. www.MarigageBankiâgSysteiluxem
FILED: KINGS COUNTY CLERK 07/13/2022 04:50 PM INDEX NO. 520498/2021
NYSCEF DOC. NO. 52 RECEIVED NYSCEF: 07/13/2022
Loan. ID #
PREPAYMENT ADDENDUM rO NOTE
DATE: ·3anua 31st, 2006 .
BORROWER(S): ,7AMES PREDÈ1tICtt. . ..
Tllis Prepayment-Addendumto Note FAddendum") 31pt
in inade this day of . January, 200 6 . ,
niid is Itcorporated into and shall b
deemedto amend and.suppitanent;thatcertain.promissory note ("Nòte")
of the'same
diateninde by the undersigned ("Borrower")
in favn- ofrirst sunelle Mortgage corporation
("Lender")
.:.. . . .
·Borrower understandsthat Lenaar spay &ansfe'rthe Note, the related Mortgage, Deed of Trust, or Security Deed
("Security Instrument") and this Addendum. Lander, or anyone who·takiesthe Note, the Security Instrument,. and &is
Addendumby transfer and.who is entitled to-receive paymentsunder ihe-Note is called the "Note ·Holder.
In consideration of Lender's agmement to provide as loan evidencedi.bydie Note, and as a material inducementto
·
Leader to:grant such;loan and the terms set forth_in the Noto, Borroweragrees fo the following provisions,
·notwitfistandinganything contrary contained in'the .Note, Security Instrmnent or other related loan docúment:
repaymestPeníait .
I haye-a right to make payments of Principal.'atany tinie before they are due. -
A payment·of Principal only ja.
known asa "Prepayinent ". Wlien I mahma Prepayment, I will
lell die Note Holder in writing diat I am doin-g so.
..If within the first
Twelve . (· 12 ) months of the.l-can, I^make full Prepayment or, a partial
Prepaymentwhere the total of such partial Prepayment(s) in any twelve.(12) month period exceeds Twenty
. percent.(
20.000 %) of the
original Principal amount of the loan, I will pay a prepaymentcharge·("PsepaymentPenalty") equatto
Six
. ( 6 ) monthfinterest (at the ratrin
effect at thesime Prepayrnent occurs) on the·amount-by
which the total of my Prepaytnent(s) within that twelve·(12) month period·exceeds Twenty
percent (. . 20. 000
%) of the original Principal
amount of the loan.
Thereafler, 1 may make full Prepayment ona partial Prepayìtent without payfug any Prepaymeat
P nalty, .
Tlie Note Holder wul use.all'of my Psepaymentsto reducethe amount of Principal that I owe under this Note.
If I
make a partiaf Papayment;
the e will be no changein the due datesof my snontMy paymentsunless the Note Holder
agreesin wridng
to those:changes.(If this Note provides for an adjustable.interestrage, my partial Prepaymentmay
reduce the amount of sity monthly payxnentsafter flm firât Change-DakiTujlowing my partial Prepayment .Howiwer, any
reduction in the amount of my monthly payment due to my partial Prepayment may be offset by an interest rate increase.
Any of-the foregoing provisions to the con¬ary notwithstanding, such Prepayment Penalty shall not exceed In
right to charge soch Piepayrnent Penalty shall not remain in effect contrary to or beyond.,any
amount, and tI
limitations itnposed by applicable law.
BY S)NYNG BELOW, Borrower.accepts.and ajinies to the terms and covenants in this Prepayment. ddetidum to
JaÓua U.st 20.0.6 . .
Date AMES' FREDERICK
. -Borrower
-Borrower
Date .. -Bormwer
Ulite . -Borrower
Date . . otroter
Date -Borrower
PPP-YemioI#1 . ... .
AANKA1-Y1152004 .. www.Proclose.com
"2002MortgageBankingSystens,
Inc.
Preview
FILED: KINGS COUNTY CLERK 07/13/2022 04:50 PM INDEX NO. 520498/2021 NYSCEF DOC. NO. 52 RECEIVED NYSCEF: 07/13/2022 EXHIBIT B FILED: KINGS COUNTY CLERK 07/13/2022 04:50 PM INDEX NO. 520498/2021 NYSCEF DOC. NO. 52 RECEIVED NYSCEF: 07/13/2022 TRUE CERTlRED COPY . Loan D # InterestFirst= NOTE ganuai*y 31st, 2006 BROOICLYN, NEW YORK (Date] . . .. [City] FState). 11207^ 639 HENDRZX STREET, BROOKLYN, NEW YORK Address] [Pmporty L. BORROWER'S PROftilSETO PAY . in return for a loan.that.I have received, I promise to pay IJ.S. $455,200,.00 . (this amount is called plus interest, to the order of,the Lender. ¶Prindipal"), First The Lendec is SuffolicMort!age .Corporation . . .I will makeall payrnents under this Note in the form of:cash, cheek or money order. Iunderstand that the Lender.may transfer this Note. The Lender or anyone who takes this Note by transfer and who is entided to receive payments under fliis Note is called ihe rNote Hdid6r." A INTEREbY , Interest …ill be charged on unpaid principal until the foll amount of Principal has been paid. I wU1 pay interest at a of- 7.125 yearly rate %. The interest rate re!uired by tliis Section 2 is the rate I will pay both before and after any default describettin Section 6(B) of'this Note. 3. ..PAxENT (A)·Timeand Place.of Payments a payment every month. I will.make one This.payment wil] be for interest only for the first Hundred. Twenty months, and then will consist of principal and intereât. I will 1sti make my itnonthly payment on the. day of eacli month.begitming on March 1st, 2006 I wlli make thesepayments every month until I have pak1all of the principal and interest and any other·charges.describe&below that I may owe undeithis Note. Each monthly payment will be applied as of its scheduled due date, and if the paynient includes b'othprincipal and interest it will be applied to interést before Principal. If,on Pedruary 1st,. 2036 , I stit1 owe amounts under this Note, I will pay those amounts in full on diat Date." date, which is called the "Maturity I will 14·76 ináke rhy monthly paymentsit bEER PARK AVENUE 2ND FLOOR, NORTH BABYLON, New York 21703 or at a differect place if required by the Note Holder. . (B) Amountof MonthlyPayments -My monthly.payment will be in the amoutatof U.S. $2·, 702 e75 One for the first Hundred Twenty nionths of-this Note, and thereafter will be in the anjount of U.S. $ 3 , 5E3. 40 . The Note Holder will notify me priorto tlie date of oliange in monthly payment. 4 · TORROWER'S RIGHT TO PREPAY I have the right to make paymentsof Principal.at aFy time before they are due. A payment of Principal only is ·a' "Prepayment." know as When I mak'sa Prepayment, I will tell the Note Holder-in writing that I am doing so. I may'ndt designatea payment as a Prepaymentif t have not made all the monthly paymentsdue under the Note. . I may make a full Prepaymentor partial Prepaymentswithout paying a Prepaymentcharge. The Noto Holder will use niy Prepayirients to reduce.the-amountof Principal that I owe under this Note. However, the Note Holder may apply my Prepayment to the accrued and unpaid intereston the Prepayment amount, before applying my Prepaymentto reduce·the Principal amount of the,Note. If I make a partial Prepayment, there will be no chatiges in the due·dateof my monthly payment miless the Note Holder agreesin writing-to tilose change½.However,.if the partial Prepaymentis made diaring the period when my monthly paymentsconsist only of interest, the amount of the monthly payment win foi· decrease. the remainder of the term when my paymentsconsist only of interest as.well as during the time that my päyrrients-consistof priincipal and·in'terest. If thepartial Prepayment is made during the period when my payments consist of principal and interest, the-amountof my monthly payrnent will intdecrease;however, the princ st and the interàt required-under this Note will.be paid prior to the Maturity Date. 5. :LQAN CHARGES Ifit.1aw, ·which:applies to this loan and which setsmaximum loan charges, is firm1ly interpreted.sothat the interest or·other,Ioan chargescollected·or to be collected in connection with this loan exceedthe permitted-limits, then: '(a) any such·loan charge shall-be reduced by the amount necessaryto reduce the charge to the permitted limit; and (b) any sums alreadycollected fromme whichexceededpennitted limits willberefundedtonie.TheNoto Holder may chooseto make·this refund by reducing the Principal I owe.under this Note or by inaking a direct payment to me. ·If a refund reduces Principal, the reduction will be treated as a partial Prepayment. 6. · DORTROWER'S FAILURE TO PAY AS REQUIREI (A) Edte Charge for Overdue,Payrnents If has not received-the.full amountcif any monthlý paym'entby the end of Fifteen the.Note holder dalendar.days afúir the date it is due, I will pay a.)aticharge to the Note 1folder The amount of the charge will be T;000 % of my overdue paýmont of interesi and/or principal and interest. I will pay this late charge promptly but only once on each late payment. (B) Default ifido liotpay the full amount of each monthly payment oI the date.it is due, I will be in default. (C).Notice or·DeihuIt J am in default, the Note Holder may send me=ewritten notice telling me that if I do not paý the overdue amount by a certain date, .the Note Holder Îay-require me to pay immediately the.full amount of Principal which has not been .paid anall.the.interest finit Lowe en that amount. That date must be at Ieast:30 days after the date on which the notice idnilledto me or delivered.by other raeatis. . NEWYOSKInterestFhstilXED RATENOTE-·SinglePamlh-hnnieMaeUNIFURM-INSmUMMIT Porm32n.33 1/D1 .· .. (pase1offpered NYt1F1.-on32001 www;MortgagenañktugSystenu.com FILED: KINGS COUNTY CLERK 07/13/2022 04:50 PM INDEX NO. 520498/2021 . ... . NYSCEF DOC. NO. 52 RECEIVED NYSCEF: 07/13/2022 .- Loan ID # ·_(D). No Wniver NoteHold r .- . By . . Even if, at·a time when I.am in-default,. the .Note Holder does not require me to pay inimediately in full as ill still have the right to do.so·if I am.in default at a later ti'me. described abqve, the NoteEolder (E)· Payment .of Note Holder's. Costs and Expenses . .. Ifthe Note Holder-has required.me to·pay immediatély in full as.describedabove, the Note .Flaider will have the right 16be.paid back by me.for idl 'of its ebsis·nudexpensesin enforcing this Note to the enent not pr6hibited by applicable.law. attorneys' 'include, fór example, reasonable .Those·.expens'es fees. 7. GIVING OF NOTICES . . Unless.applicable.1awrequires a diffeient method,.any notice that Inu'st he .given.to me under this Note wilt be'given by delivering it or-bysmiúling it by first classmail to me at the Property.Address above or at a different addressifl.give the.Note }Iolder a notice of my different address. Any notice that must be given to the Note Holder under this .Note .will be given by delivering it or by mailing st by first classmall to the Note Holder it the addressstated·inSectici13(A) alpve or at a different,.addressif I am given a notice' of:that different address, 8. OBLICATIONS 0F FERSONS L1NDER THIS-NOTE. Ifmore thaDone-person.signsthh Note, .epchjperson·isfully and.personally obligated to keep all of the-. romites-. made.in this Note, including the-próinlse to.pay the.fu]l. amountowed · ,:Any -personwho is a,guarantor, surety or. : endorser of this Note is also ghligated to do thesethings. ' Any person uho takes-over these obligations, this' including the obligations of a·guarantor surety or endorser of Note,. is also obligated to keep all of the promises made in· this Note, The Note,Holder may eriforce:its rights under this.Nóte against·eachperson individually or against all of us together. This means tliat any one of us inay he.¾equiredJo.pay all.ñf flie amounts owed under this Note. .. 9. WARERS .. - .Pand any other person who has obligations u°der this Note waive the rights .of Presentmentand Notice of Dishonor. Presentment" means the right to require. the.Note Jolder "Notice of Dishonor" to demand payrnent of amounts due. means the right to require die Note IHolder to give nofice to other pairsonsthat amountsdue.)ave not been.paid. 10. UNHORM.SECURED NOTE This Note is a uniform instrument with limited. variations in some'jurisdictions. In addition to the protections given to the Note·Holder under this Note, a Mortgage, Dead of Trust, or Security Deed·(ghe"Security Instemnent$, dated the same.dateas this Note, protects the Note Holder from possible losses which might result if,I do not keepithe promises which I make in·this Note. That Security Instrument describeshow and under that conditions ·I may be required.to malie immediate paymers in full of all amountsI owe unÂlerthis Note. Some of thoseconditions are descritied li followä:· -- Lender may -require lintnediate payment In full df-all Shms Secured by2'thisail· ér - Security Instrument·ifany part of-die Pr perty, or if any ·right in the Prop¿rty is sold·or transferred without LeIder's prior written wrmhsidn,·If Borrower·is not a natural person and a benefloini interest.in.Borrower is sold or transferred without Leader's·ptior written·permission, Lender alsiVrnay-reqsitiPiziunediatepayment in full. However, this option shali not bewercisèd by Lender if such exercise is prohibitEd by Applicable Law. IfLender requires immediate payment in fidi under this Stiction·.18, Lander will give me a notice which states thisqinquirement. The notice will give me at:1east30·da'ysto·make the required payment. The 30-day . period will begin-on theÄiate the notice.is given to ine in the manner required by Section 15 of this Secutity · If I do·not malýthe Instruinent. required paymerit during that periód, Iznder my act to'enforce.its fights .. .under.this Security .Instrument without giving ane any.further notice ór..demandfor payment. . €1TNRSS TBi.HAND(4 ANDÈAL(S) OF THB.UNDERSIGNED . AES .FREDERICK . . . . -. . -Bo rower . . .... .. .-. .. . . (Seal) PAID TO Tl-tE ORDE OF TSean .W1 . OUT . . REC R Barrower LON MARIA· M. PÒDRAZA (Seal). PRESIDENT °'""°r .- (Seal) . -Borrower -Borrower . [Si8n Originiti Onlyf NEWYORKinterestMrstPix1m RATENOTE-.sigleFåmiy FannieMueUN]FORMINS tUNiElfr - Form3271.331/01 . I Se2 of 2 pages) NÝ1HG- Ott3200f .. .. www.MarigageBankiâgSysteiluxem FILED: KINGS COUNTY CLERK 07/13/2022 04:50 PM INDEX NO. 520498/2021 NYSCEF DOC. NO. 52 RECEIVED NYSCEF: 07/13/2022 Loan. ID # PREPAYMENT ADDENDUM rO NOTE DATE: ·3anua 31st, 2006 . BORROWER(S): ,7AMES PREDÈ1tICtt. . .. Tllis Prepayment-Addendumto Note FAddendum") 31pt in inade this day of . January, 200 6 . , niid is Itcorporated into and shall b deemedto amend and.suppitanent;thatcertain.promissory note ("Nòte") of the'same diateninde by the undersigned ("Borrower") in favn- ofrirst sunelle Mortgage corporation ("Lender") .:.. . . . ·Borrower understandsthat Lenaar spay &ansfe'rthe Note, the related Mortgage, Deed of Trust, or Security Deed ("Security Instrument") and this Addendum. Lander, or anyone who·takiesthe Note, the Security Instrument,. and &is Addendumby transfer and.who is entitled to-receive paymentsunder ihe-Note is called the "Note ·Holder. In consideration of Lender's agmement to provide as loan evidencedi.bydie Note, and as a material inducementto · Leader to:grant such;loan and the terms set forth_in the Noto, Borroweragrees fo the following provisions, ·notwitfistandinganything contrary contained in'the .Note, Security Instrmnent or other related loan docúment: repaymestPeníait . I haye-a right to make payments of Principal.'atany tinie before they are due. - A payment·of Principal only ja. known asa "Prepayinent ". Wlien I mahma Prepayment, I will lell die Note Holder in writing diat I am doin-g so. ..If within the first Twelve . (· 12 ) months of the.l-can, I^make full Prepayment or, a partial Prepaymentwhere the total of such partial Prepayment(s) in any twelve.(12) month period exceeds Twenty . percent.( 20.000 %) of the original Principal amount of the loan, I will pay a prepaymentcharge·("PsepaymentPenalty") equatto Six . ( 6 ) monthfinterest (at the ratrin effect at thesime Prepayrnent occurs) on the·amount-by which the total of my Prepaytnent(s) within that twelve·(12) month period·exceeds Twenty percent (. . 20. 000 %) of the original Principal amount of the loan. Thereafler, 1 may make full Prepayment ona partial Prepayìtent without payfug any Prepaymeat P nalty, . Tlie Note Holder wul use.all'of my Psepaymentsto reducethe amount of Principal that I owe under this Note. If I make a partiaf Papayment; the e will be no changein the due datesof my snontMy paymentsunless the Note Holder agreesin wridng to those:changes.(If this Note provides for an adjustable.interestrage, my partial Prepaymentmay reduce the amount of sity monthly payxnentsafter flm firât Change-DakiTujlowing my partial Prepayment .Howiwer, any reduction in the amount of my monthly payment due to my partial Prepayment may be offset by an interest rate increase. Any of-the foregoing provisions to the con¬ary notwithstanding, such Prepayment Penalty shall not exceed In right to charge soch Piepayrnent Penalty shall not remain in effect contrary to or beyond.,any amount, and tI limitations itnposed by applicable law. BY S)NYNG BELOW, Borrower.accepts.and ajinies to the terms and covenants in this Prepayment. ddetidum to JaÓua U.st 20.0.6 . . Date AMES' FREDERICK . -Borrower -Borrower Date .. -Bormwer Ulite . -Borrower Date . . otroter Date -Borrower PPP-YemioI#1 . ... . AANKA1-Y1152004 .. www.Proclose.com "2002MortgageBankingSystens, Inc.