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<br /> �� � • ,� canstant maturity of ono yenr� as mado av:�ilaible by the F�doraf Resorve Boturd. "Cutrant _
<br /> .�i.� [ndex" meai�.9 the mast eecont Index figure uvailoblo 3Q cinya bflfore tho Cban�� Data�. If _
<br /> ' �;:�,, tho Inde,r. (tiY doflned abavo) ig no langor nvAils�blp Lendae will use us a new Inclg�c any -
<br /> " �-�' .�.�,;;a;�4���� indva prese�ribad by tha Se�;reu�ry. A9 used in th�s RZdar� "Sccrctury meanv the Se�rotacy of _
<br /> , '''��'����. Houslc�g ait�ti Urbnn DAVelopmont or his or her daqignep." LAnder will give Hpr��aw�;r
<br /> � notice of tht� ne�w Indox,
<br /> �: , (C)Calcula�on of Ynter�st Rafo Chauge�
<br /> - ���y' , of T i0���'�SMpv�A�ATS�RB er will calculato u new interest rs�te pY��pnt��v,s pa i na{�)
<br /> ( a.?90 �) to the Curxeiit Index wad rounding the sum to th�.n�ar�st
<br /> -. `::..;,-�` oue-ei�Ath af ane percenta�e polat(0.125 45). Sub.+eet to tho limits�tntwd in pa�a�vAph(1a)
<br /> ,,�• af thi� �33tlar, thiis rnunded aa�aouat will be the new interest rAta�mtii tho next Chaa�g�Uate. _
<br /> _n , ,_ , (D)�Llmlts on Intorest Rate Chungcs
<br /> -- -= = The existin$ Int�rest rate will naver �ncrease or decr�s� b�� mora thtui ane p�raent�g�
<br /> - ;;,.;=y�"' poiat (1,0�) an �uy single Chango Dato. 7fi� interest raw �v��i never be mora th�,n froe�
<br /> percent�a points (5.0;�) higher or lawcr than die in#tial intere�st rate, AS�3t8d�III P�A�YAp�1
<br /> _. :. -.� �� 2 of ths Not4.
<br /> ::`� �,.��
<br /> ,,�-:-;-�.. ,r;: tE)iCal�nlatian of Pay���Ch��
<br /> - � ; �� � i�Wr�! race �� � s �;t�s�e i�. Ix�slsr �� �:�� �h�: •n nf:
<br /> '�`' -��`��� ��� monthIy paymont of princlp:il mnd laterese�vhich would be neG�ssary W repay tha.un�p.z�icl
<br /> ;1 prtncip�l balanco lu �ull at tho Maturity Aas� at t..h,�u^_now int�reqt rate t,,h2,r�augil,�,,,eub�t�ntin99y
<br /> _ - - - Ph111� �{tt1�_21�Q. Ill Mfl{C�ll� AllCil ['AICLfIAfIOfli �y�y�y� w� 1�$8 �juj�illy��lly�.�� .
<br /> ,� � �� w�ich wautd be awc�i��-c►n tTie Change Llab if tk�ro had bean no dafault i�p�,ymm�s on th�
<br /> �; Nvta, realuced b�r tha amount of nny repaymanta to princlpal. Tho re�sult of thts c�l�vl�qi�n
<br /> � will be A�a a��wuut af 1he iiew r►lon�y p�ymsat c�f prinaipul and interest.
<br /> '�°� ' (k�Nattce of C6anges
<br /> = � ` Lender wlll give natico t� Darrower of any chttnQo in the interest rat� atr,ti ntt►ttthty
<br />,i;�-�` —� pay�iieiit a►nount. The notic8 must bo given at louat 2S days boforo the naw mAathly
<br /> < payment amaunt is due� and ni�s3 sot fanh (i)tho dato of tho notice, pi) the Clian�� Dt�ts�
<br /> ''' -- ^ ` lil tho old lnterest rute, (itir)�.�e now inter�st rate� (v) tho now monthly p�ym�n� t�cn�unt�
<br /> �' �vi� the Currant Indoa suid tRe date it w�s �ublishett. (vli) tbe� method of calculatlag th�
<br /> ,.�� chac�ga in manthly pay�nont a�mouat, and (viii) any othor informatlon which. may bo
<br /> - reqnUe+�@�y law from timo to tira�M.
<br /> _ (G)Effective Duto of Ch�ge9
<br /> - A new interest raW calculated in acegrdaace wlth paragr�phs (C)and (D)af t6is Ritte+r
<br /> :;� will become offective on the Chan e Dat�. Borrawer ahall m�lce a payment.in tha new
<br /> � monthiy amount beginnlna an tho �rat paymont date which occurs ot least 2S day;� aft�r
<br /> �� Londez has given Barrowcr the natico o f o hangcs requircd by paragra h f th" �Itfctar.
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