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<br /> .-` i- Y7av:.�.cJi.Yi.`+'iMwwiuieazNwiid+Llb�e.," ___ ' _-_' � . .•-
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<br /> .;.�zos� . i ����.(19�Q2 r•Nn�z-�iir�.•v��
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<br /> AD39STABI,�RA`f�R1�FR �
<br /> �-. - — , _ tlYsnr7Yeas��rYindts�R�teCwps—lixedB�teConvtratnnOption) • �
<br /> 7H1S ADJUSTAbLp RATIi R1DIiR le maclo this 23fiD dayof OG7pBER , 19 92 ,and Is
<br /> tnsor�rated Imo and shall bc deomed to amcnJ nnd suppiemcnt thc Mortgag�.Iked af'hust nr Sccariry ikcd
<br /> (tl(o'.S curity Jns�rument">of d�o snmo da�o glvan dy the underslgned phe"Borroxer'y to securo f3orrower's
<br /> ' • A�jusla�ic Raro Noto(iho"Noto")to NURH�BT MpRTQAqE� it8:.� A NINNE9DTA
<br /> upRPARA7SON pho"Lendcr")of thc snmc datc and corcring�hc property dcscribcd In .-- -----
<br /> tho 3ecndty lnsiniment nnd locntcd nt:
<br /> LL�'
<br /> 142h 87Af�(eC(JACH RURD ORFINU IBLANq� IVF 6f3C�07 ��:.:�:.
<br /> [PropcnyAddrou) k (._-. �
<br /> �__.t ,� -:�...
<br /> YH��1����'�7AMli;e RfRQ�Ft`3IQNa^A1�.1.QWINQ IFGNfF CHANQE8IN 7H�INYERHBT RA78 jy;'._-=
<br /> AItiQ�VOSIE AN@�O40ff��'�A�OF�PBV.TiUEfE L'6�it41E 4�I4P.ht,ae 2GFE AMOUN7 TNE OORHOW�q'B �=.c .
<br /> ACt�F�sYAf6hf�E�'O�IEl3:e3'ff 6�ATI��ACO�PEAMtir AY G.[WY ON�71ME ANA TNIE APA2Qi.aPrS�2 -•.:�
<br /> 'AGl4� 7�aIC �06{�l��°9E6i OdODST PAY, Y091E PiPD7[ AI.RO CON7AB[M� VP9� Si' i� -_
<br /> OW'dd�S[�'N�COTiVER7 TilE A"�hC^157ABl.�PiAT�n�A L�OX�D RATE. ��'�°r -
<br /> ADQITI�y�A�.�CflYF�NANTS.InrhY,litiontolhecoveaantsar.dayreemrntsmadeinthr.Sacvcilylnstrumen4 �, -_F'��=-
<br /> •�
<br /> 6orrower and 1.8a9rr tstthecc�+cepam nnd agreo as foltows: - -:•,�;;;�;•�:� �-"���-
<br /> A.AD,tUSTAAt.ES2A'ft,:iNDM6NSf71LYPAYMRNTC19AiY�G6 �'+¢�;°� —
<br /> Tho Nme v��ndes fn7 an inl�inl Intzresi rete of b.250tb.The Notc provides ihe changes in the adjusmble ; r<"j1`•'.:�-�—'�:
<br /> Q: �i,>y_�:,,.—...
<br /> ' Interest rnte Tu3 cne mon�hly paymcros,na followa: -fr�y;'�;t�--
<br /> - - a.b}u•-t`
<br /> 4:Ap.IUSTADi�B EN'fEREST RATE AND Ai0`1f711.Y PAYMENT CtiANGES '�hu:`:.
<br /> ,�iiP;t s,:��•:_
<br /> (A)Cllapgk])AtM �y,��� _
<br /> Thc adjustable iNCrcsl mte(will p;+v may change on�hc firs�day of NQVEMHER , 19 9� , ,�F�t _ _
<br /> , and on that�ny overy 12th month ihereai¢er. 8ach date on �vhich my odjusmble interast ram could change is `-�iYi�:--.:-�,�„�.
<br /> � tniltd a"Chan c DNa" - � - t�t���- ---
<br /> . 8 G'-.�r'`'.'�::::_
<br /> _..__. .___
<br /> - (8)Thclndex �y,,s;�,,� .
<br />- � Ueglnning with the firsi Change Datc,mp ndjnstabla Imerest rate wlll be•ba:cd on anlndtx,The"to:lex"is . �,rfi 4Y _:
<br /> - the weekly.�•erngs yleld on United Stmes Treavury securitles adjus�ed to a constnnt ma�urFty c+(f yxnc ns made ��r.z';qt%%_[;"-
<br />� . emllable by the Pedernl Reserve Qoard.�h.mos�recen�InJex figure�vaflnble as of the dacr•'.5 dnys btfnro enth ''%��;�,j�,;;; _;
<br />� ChangeDntritcnlleJihe°Curcentlndex." . �'���^!?�""-"°`
<br /> If thc indax (s no longcr avaflablc, Ihc Note FbS<Icr elll choose a new index that Is based upnn comgsrablc ..�€�:�?�'��"?�•
<br /> �' !"s .
<br />- intotmatlon.'fhe Notc Holdcr wlli givc mc noNcc of ihiscimfce. ��:"ip;`�.�i�,�:�:�
<br /> (C)CelwilntlonotChengcs � - ��t y� rNr �.
<br /> pePorc each ChanBe Da�c.�he Note Holder wfU calculatc�n} n:wincerest rntc by nJdir� 2.750 - -.y. ,, �„-.
<br /> �.750� !! � , ,_;,u,
<br /> � percenlogc poln�s( k)to thc Currem Indes. 7hc No�r�1,Sdcr will�hen round the resid�of�hfs additlon 1�-�:L f , .
<br /> � zo ahe nenrest ono-c{ghth oEone percentage point(0.t25'.i>.Subjeci to�hc limin s�x�cd in Secdon A(U)below.�his 4f ,�f� -
<br /> � r�nxnded nmoun�wfll be nry n.w inceres�rmc umil the Rzct Change Dmc. �5`rrf��'{,��--.-�.
<br /> � The Note Holdcr���ill ihcn dcicrminc�he nmoum o;�ha monthly payment ihal a'mil��he suffident to repay �\'��f��lf°
<br />- �he unpald principal that i am expecied co o�te ai�he Chan c Dace in fr.11 on thc Afamrh �Dacr 3�m new intcresl :Iq,4 r�a
<br /> 8 3 Y 1�..,;..Y�,,,rtt
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<br /> rau in subsmmially cqual paymcntc.The resul�of ihis cakulmion .+ilt be thc new mnoum of my monthiy pay- :f$„-.�,j.=k y__.:.
<br /> menl. i� i sf�
<br /> (D)Llmitson Interest Rnte Changes �•
<br />- The imeres�mtc 1 am required�o pay.t thc firsi Change Da�e�vill no1 ix grcale� Ih�n 8.250�k or less t i"'�' �
<br /> than4•2�� �`t.Thereaf�er,myaJjus�ablcintercstmte�viilne��erbeincmueJordecreucdonanysingleChangeDa�e �cri,{�fi;:;;:���_.
<br /> by more tl�.�n Tw� perccmage point(s)(2•'�)from�he rate of intercst I ha�r b.en y�ying for thc prcnttdfng 12 momhs. `�j"9 i'^�
<br /> Sly intercst rme will rc�er M grcater Ihail z•25n�,�.�ihich is called�he"�tax7mum Ra�a" (�����',`v,_-.
<br /> (E)F.ffecttve llnte oP Ctmnp,es '�'`• -
<br /> �c�P���cu;:'=_r'.'--_
<br />.. My new interesl ra�r�.�ill Mrmnr rfRcii�•e nn each Chnnge Data I u•iil pa. �he amount of my ne�v monthly :�v_z,�-:�-- �:
<br /> a ment be innin on�he firsi momph � ment Ja�e af�er ihc Ch�n � Dat: nmil Ihe xmount of m momhl �%.�"'+'°'�'�r^��:-�
<br /> P Y 6 R P•Y F' Y Y :�-iz�`'�iT.;:;..;
<br />.. paynxntchangcsagain. =�45';<r��;::�-..'
<br />-.. (ryNoticcofChnng.s " 3i`'�'��:".--:
<br /> The Noie Holdcr aill delirer or mail io+r.c..antitc of any rhanges in m� .^.djusiahlt iNrrest rsc anA�he �,�;;!sf�s-,:.:: -
<br />. .s 3!�'.,}�Y�,. .
<br />_ amount of my inond�ly pay�mem before c��:_'�r;ti�.Jare of any chang.. The notir. u�il1 ixluJe ir;e:mation .�..,.l.,;,,.. .:-
<br /> rcquired by law io lx gicen me and al.� �i�.:�.r and icicphonr numlkr of a penon u�ho«�i� .�a.wer am yucstinn . ` -.�._ .
<br />�- 1 may hm�c rcgarAing�hc no�im. :�'.�� - -
<br />_ ..�•..
<br />�- 13.FIXED INTHR[3STltATEOk'TIOY i ' .r{,� - .
<br />� The Note pro�'idcs for Ihe 13orroucr�np�inn �n comcrt lroin an aJjmlablc intcrci� ra�e��ilh inlere�l r�1e ��. -
<br />-- limi�s to a fixeJ intarcv�atc,as follo���- �1��:L;:'",`- �
<br />- �'e::
<br /> S.F'IXEUiN'fENFSTRATECO,Y�'L�Y.>IONOI'TIOY ,.�.`�".- �
<br /> I"_::,;.
<br />- (A)Oplbn lo Cum'cr�to(lxed 1lntr ' .�_ - "
<br /> I hare a Comrninn Uptinn�h:u I ian.xrrcisc unle.. 1 am in d.faull or Ihi�Scc�inn SIAI will no� pennu
<br /> mc ro Jo so.Th. ^Comcninn Op�:.��i' l.m� ONGoO lu CUlnffl II1C IN2fCbl fJIC I am nyuimJ to pa� bp�In,Note �!�'.'�:�,��•�..
<br />_ timn an adju��ablc rate ui�h iNerc.�ra�c.�nin�o tlk fi�eJ ratr�al vla�cd unJer Sa�ion 9�U)tklow: 1 .
<br />- {'�,<ti
<br />-. The comersion can:nl� �aV.c plac.nn a data.e,pedficJ M the tiotr HoWer during ihe perioJ Iwginning on � ,' . .. .
<br />- the first Change Date and ending an Uie (if�h Change Ua�c. la.h d:n.on•.h�ch np�adjuslable int.rc.1 rale tan ' � .
<br /> mmrrl m�hc ne���fi�ed rate is calkd eicr"Con.rri�n[ht.° �'::'�,.•���---
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