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<br /> . `::``` � APRIL � 1997 ,Sad 1S ts.
<br /> � 7°E�S ADIUSTABLB RATfi R1DfiR is madB t�.4 22FID og �t�g°$ORIIiIy � . ��
<br /> � ' a�y�us1 shaIIt�dce�e�t�o�d a�sa�P�ttheMartgage.Ueed cf Tiustor S�xaitY '`%
<br /> �' IIs the°Brnrawd'?m se�Bomacuer's Adjagable Rezs Nois(the �'�� -
<br /> _ Instanmeat�of the sam�date gi�►e��y the uadea�ed 4 . .
<br /> � S.. ..: ��'�
<br /> �''�' S�MS PBDBRAL SAVZrICiS & IAAN ASSOCZATI O I i O F G R A B ID I S I.A I�
<br /> � ��,:��'�``� �•
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<br /> ' f � (the°l.e�der�of the same date an+d cavering the F�F�Y d��in tbe 3ecaciry lmsorau��lurated� F�
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<br /> � � � a3os pia�atc �.vn
<br /> . .' . . . � �y,�. HgggpSRA 6880!
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<br /> ''.: _�;:; @A'�G/�M7� k ..�=
<br /> ��.; ..,: 'i'�51�I�E CONTl�IYS['ROV�QNS ALlAWII�IG FO�CMAAI�BI�ULT �IIV tn��A�• ,',t:
<br /> . .�'�;,.� p1�lOI�iT�LY YAYNffi�P� II�iC�iEA�S aN THE� ,.�;�'����.+-:::
<br /> •' " ��,,,rutr.ec�C IPi'!'��1'�T�W6�.L ELtSU�.T IPI LOW�PiRYR�'S• , ;-.;
<br /> � - - ADDITIOFVAi.COVO�IAPiT�. Tn add� to ttte� � �� � in the 5�13► In��. , _
<br /> . `` � ���and agcee as follow� � ` .
<br /> : - �� ',`� Smmwesaadlr,nd� _:..�� `
<br /> . �.4. : .l"' p v a �... �
<br /> _ . '"�,'•�c'! A.i1��issu���L�s�EGtfa.,ail'1�i�4iL..a 1Ct'�i1vaT.tsa�+�ef��afA7 . .,;;.=j1'``.
<br /> .r� •,,.i.-• �.: . .�...� � � t'�,.
<br /> v�;• �j ` � initial inlPdCSL 7.750 °'v.'1�•NOtC ptOV"tdes fQr d��iB�fiB
<br /> � t 1he Note pmvtdes tnr an �°f � .
<br /> �`:-� inicaest rate and tfle atonthly paym�ts.�foiloau� _�_;. �_ -`� -
<br /> ' A 0.II1Y�F�tE�T I�A'i'�AND MO1VT�.Y FPA��CHANti�S � ` �
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<br /> . .,� -_ . (A}Cdsnge Dat� � rt'
<br /> . ahe f�c day of �►Y . 2ooa ,an��a�atday ��'_�_�
<br />- . � 'ibe�uest rate I w�paY maY ds�=`+�- �i�te conld chm►Se is c�a'�e�� � ----
<br /> �`� � �2TA monthth��d�onahirbmy' , .�
<br /> . e�►ery _ _ :--;
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<br /> (B)T�e Ittdrss �;_
<br /> '. ' . e m mte�est�ate aiIl be basz��t+�►Index.'il�e'7nd�c�i�. � ' `� . _-
<br /> .Z� ..
<br /> �_- - � geginnin8�aith the 6rstG�anB Dat� Y ' -
<br /> � Tgg up,B�,Y AVSRAGS YISLD ON IINITSD STA^a83 TRSASDRY 9ECiJRIT28J ADJG�D �'��'� -
<br /> ;: .> B��:..
<br /> . .•,� Q� I YS�R. 1�13 ND1DB AVAII+AHI+E HY T� FSDERN+ RB6��' . .
<br /> ' . rv`�r�f CON3TANT N�'ORZTY. . -- -,
<br /> � rr � . . of�ear�D asaay�❑ �:::,�_�:
<br /> � �• `� �memo��uraa�rtfig�`ava�a5r�u� „ _
<br /> �. , , � ,. befoie�cb��is calted the'C��� —- _
<br /> . aiTabte,the.Note Hold�c��chaase a new index tLat�S based upan compt���'�dn•
<br /> I ` If d�e lndai is no to�ms� .. - _
<br /> � ,"` ' '•:: �-���.' 1heATasc Koidr�w�1 B�te eceandce of dris c,hoic� . ---
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<br /> . � (�Catccdatton of Clta�tp . _=.
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<br /> Befosc e�fi C6ange D".�,.1�e Noie Holdexw�l calculate a►Y nea'intecesttate�m�dlJinP, �70)to @�p�CSn�t ltlQes. �
<br /> ,�`` , . i TWO AND THRLB�G�' . , P���D°�8) � Na�iLowesl
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<br /> . . ,. . '�e Nate Holder wvta�a mmta mc re�:�:a�3n,s aamt�an m me C,Ne�ss a Nax�HIg6e�c C7 � ._.
<br /> ; � .ias� �90). `
<br /> . ams s:c�xu . � ra�s�mW�te aeat ChanSe �
<br /> - . .�i Subject t4 A�e liauts ststeA in Se�an 4qIDD��i c�mded amount�vi11 be my nev�iao�ess _
<br /> �, . , ; � �_�,
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<br /> ;r? ::°y;�f. �7he No�Ha2der wiIi t�n de�ar�e�e�a�aza�dF a'�monthtY paYmenc��vautd be suf�t a��e�u►paid 6
<br /> wit -"
<br />- .. , . prmc�pai thas Y mn exper,ted ta aA�e�d3��n8e II�:=sa fnII on the tnatutisY date at my nea►�st rate ia�tia11Y -,.:,.;
<br />__ equal paymeam.T�e�Itef t��wiUba the new ammmtof my mantNY Paym�t - � .
<br />__- . ��•�y';;�:��,.' . '
<br />–- � .' '';:!�°: ' N)Mmib cn In�¢�ate C6ange�
<br /> . i1:•:�•� �
<br /> - . . aase cherlcapp�ap�urteboxea:rjrsoboa L�checked.there ivii!Be no mmat►�urmGmfton changeJ) • ;
<br />-= . . `.,�° (1)Thae will be no maximum llmit an int�est rate cLaugw. `
<br /> .. �(2)'ltie mtrre.st rate 1 am rr�qu�ed oo�►ai the f�st C�ange Dtate a�ll nat ba�ter than 9.�so %
<br /> -_�- .'� +� � mless 5.�50 �.
<br /> �� . : � . �ac (3)NES►mt�esita!e wtil nev�be in�ased QrQ�a�ued on m�Y s�8��°Bg��Y°�0�`° .
<br />~�';� � . .. �ro Bsaesrrr DeneamBa Po�us) ( a.000 �o) gmm �lte
<br /> _- .. . ' � �B Qg' I 63ve ltee�p�t►g far the precedlug D��12.7r90 �0�W��$�+'w�elr��n '-
<br /> . . ' . �c (4)My inter�t r&te will never be�ter tham
<br /> — _ . --- T88 ^r•ntiZMtiM RA'f8° w2i.i. r1svER sB r.ss5 TSAN s.75o�. etaa
<br /> ' � , �9Ul.T18TATE A�tUSTABLE RATE RIO�A•Singte Family vr�o+a�a
<br />•_;�.� � YYP4fOp�0ECOAf18-t3:a,ss+•r�� '°"'�':-----
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