94000-ORCF-ADD Security Instrument/Mortgage/Deed of Trust Addenda (vari

OMB Approval No. 2502-0605

(exp. 03/31/2018)

ADDENDUM

(Delaware)

HUD Project Number:

Project Name:

49. FUTURE ADVANCES. Pursuant to Del. Code Ann. 25, § 2118, this mortgage secures future advances up to the principal amount of $ .

50. DEFEASANCE. Pursuant to Del. Code Ann. 25, § 2101, this Instrument is made upon the express condition that, if Borrower pays to Lender the entire amount of the Indebtedness in accordance with the provisions of the Note and this Instrument, at the times and in the manner specified, without deduction, fraud or delay, and Borrower performs and complies with all agreements, conditions, covenants, provisions and stipulations contained in this Instrument and in the other Loan Documents, then this Instrument and the estate hereby granted shall cease and become void.

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THE SECURITY INSTRUMENT SHALL BE PREPARED TO CONFORM TO THE REQUIREMENTS OF THE LOCAL FILING JURISDICTION IN WHICH THE DOCUMENT IS TO BE RECORDED AND FILED.

Previous versions obsolete Page 1 of 1 Form HUD-94000-ADD-ORCF (03/2018)

Security Instrument/Mortgage/Deed of Trust - Addendum