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<br /> � ' RE IiECORO�D
<br /> _ • . 9$— 1c�s�
<br /> ADJUSTABLE l[�ATL� RIDER �B��,OS"�62
<br /> xs�x ar,y ot � , 1990 .�nd�
<br /> THIS ADJUSTA8IB RA'I8 RiDBIt i�tnade this t the Mcxtpge.Deed cif'Itust a Sa�uritY Deed(tbe"SecurisY
<br /> ;,xbrMxMOd ina wd shd!be Aeci�nedtiy��1�PP�
<br /> l�ulr�t")af ttw arr�e dke i thc"Borrov.°u') to x.cure Borrowu'a Adjusu�k Itato Nwe(d�e
<br /> �N�'��a HOt� PEDIIWW 9AVIN(i3 fi IAAN AS90CIATION OF (i�ND ISLAND
<br /> �the~�,,enckr")o[the s�rne dMO�i oovaiu�d the ProP�Y daacribed in tlio Secudty Insanimau and locaad at:
<br /> 50d-511 M 7TH ST
<br /> pg�ip I8L11NU. NfiBRA$W► G08ih��Addra�l , .
<br /> THi9 NO'PB CONTAINS PROVI3I�N9 AL40WING FOR CHANGi6S li� MY II�iT�.R�S'1' 1tATB AND MY
<br /> MONTHLY PmXMRNT•��T RA7'B WILL RBSULg T IN LOWBR PAY�T I!N HIGHF.�t PAYMKNTS•
<br /> DKl".R�A,3&S
<br /> MDl'170NAL COVBNANT9. In �dditioa w��covao�a�s aad r�{r�n� c'ade in ths SeCSa� kn.�cran�ot.
<br /> Bo�rorver�S.a�dor fw�lar oova�nt rnd p�Cee ',t V
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<br /> A.IIVTBRBS7'W►TE AND MONTNLY PAYMFNT(:HANGBS
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<br /> 'lbe No1e P�'ordrs [a�e � inlaceat rale of 7.5 00 'J5.Tl�e Nole provides far c1►�gas in dx �.
<br /> bMai+ep t�sle and tho n�ontblY Pa�m�^�.as lollows: ;-
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<br /> 4.IMBRfiS7'RA7'S AND MOM'HLY PAYMEM'Cl�AN(;&S , ;,,
<br /> f!►1(:luu��ee DNq j1<<,`:? _
<br /> � Ou It1e fir�t d�y Of 1499 .aud oa fitt dq ',1::<..,
<br /> The uMetest rat�o I will paY Y�� �Y ti called�'C'h��" `.",.:
<br /> �, i2TH mon�fi��.Fxd d�re on whicb my inoaest�:oould clunge' ,,
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<br /> g�ioni�with tho frrst C1wt►Bo D�.r�ey ini�ore�t nle will be ba�od an�n Ic�dac.'the"Indea'is: `�: . ,
<br /> � M�1CLY �VBRA�B YIELD QN i1l1ITED $TI►TBS TRE118URY SBCURITI88 ]1D�7ZJ8TED TO 1►
<br /> COlISTU7T N11TfJR�TY OF 1 Y1SAR. 11S MAnE AVAhL11BI,E HY TIiB PSDBRAL RL4BRV8 H011RD•
<br /> T7�e mwt reoent Index.��z���of tbo dabE: � 45 day� �.�:.:,�--
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<br /> 7• bdote acfi C�i�UaAC iR�C�Od Ehe"Cuc�4nt Index• ' .. . ' '
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<br /> . �v�i,W�ie,d�e•No�e Hoider will cl�ooyc�ntw index th�i���°�°�°'
<br /> ,. . If�4e Iadw�n no lo�br�',. �o� ,;
<br /> � .;t�i�iole Holrla'w�ill Blve irv,;�Totict of dua clwix. • ,{.,
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<br /> �:� (G�C�u'.�1ior ot C��ad�s , '
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<br /> ;.'��. Ddare eacih Cl��1�4C�the Na1e FbWer rviU calcuttte mY ua�v�l�t ocnst tAle bY�ddmB
<br /> �' TNO 111iD ONS HALI+ !: PQ'��Pd��� � 2.SO Q x) 10 f6e Cu[n�nt lndex•
<br /> IVat1 Ltl�at
<br /> �'� Tha Nde Holdec will then�und Ihe rault of Ihis addition to the �� `�.����� ,ia� ." ' %
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<br /> � ass si��ia Sectia�K�)�b'"'+����will be my new ia�aa�,s;�Ae uaW d�;?�tt C�e'
<br /> , ;., $ObjpCt b dIC � :�;
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<br /> The I�Ia1e�ioider wrill dwi ddamine d�e amouoat of t!�n�oethl�'1xya�oc t�t wouW be a�'ia�ak e,�a!�:��
<br /> �o mre at die C���in fuU on die m�puitY dMa�t my ne�aUet�e�t;�,��}r?�+!M�y
<br /> � . ��1 qy�oAs.'ILe r�t�this c�icail�tion wW bt die et�v amoumt d my Qaoad�ly pYn�- . ,' '�';�.� 'i
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<br /> t�) '1%,i1►?;�;syai�liare�t�C�6ax is clla'lr�d d�ert wiCbe�o n�,G�it on�ehat;�es:) ' ''`��''� `.�. '
<br /> (1)c 1�w+�wnl�lh�.����tbmit aa iowaeitc.�ctMe ciw►ga. �� . '9.��� . ` 96
<br /> �c �2}7'f�c ieleire�c iaiM�e I am re9i!a1 w f�'�t�YYe fi�st CA�aaa D�e wil�nm�'le�C&��'�
<br /> ar le��c�n 5.500 %. � __, _ ..��.n...,�n.r_hv mne d�n
<br /> 1"J«�y pBRCBNT �nCOC[bC if�cceasou ar aa�c�•����s----�--- -• Z.0 0 0 'X) it�an d�e
<br /> ra�o o�la�eu I n.va bea�p+►ring ror zne p�ecadins P�i2.s o0 9�.which is Guoa t6e"Maximwn w�e.,
<br /> Ll(4)Y►'�r��c�a�e w;n nevsr he�awr►
<br /> THB "MTNIKUM RAT8" NII,L IilN81! SE LBSS THJ#N 5.500#r. �
<br /> YULTISTATE ADJIMTANLE IIAYE IIIDER•Sinpl�F�enNY '�� «s
<br /> VYP M011TOAOE FONMI•f�001�1•7�1 InkNb:.---. -
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