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<br />_���. . .� - A,iJ�USTA�L� RA'�� Ri��R :-
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<br />-- =`"—+- ---��-�� 'FI�lS AR!U&'1'AHl.a RA7'H RIUHlt 1�u�tht� 18T dey��t dULY � �
<br /> - -- -- - - 199 7 .n�Ki iq Incc��+omt�+1 (nt��nnd ahnll he decmeJ ta nncrmi nnd e»pplrment tho Mongc►ge.(kc+1 �t k�
<br /> ..E:;;�`.''�. Tnisi a��Sccurity lTccd ttt�n:�ut{ty{nstnmtznt"1��f�ha anuze�l�te glven!�p tha a�xlcrsinned(1he"i�nrnxvcr"1 to =
<br /> 6�CU1'C lI1Q FDU�R1t9C��8 At��U�iqnlC RQ1C NUIO(IhC"Nate"1 t�� --
<br /> '` 1M EqulUDlo 9uilding �nd lo�n Ae�eci�tlon ol Or�nO l�l�nd, McE►u1�� A c6flm1 B�vin4� 61n1 ��`
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<br /> ____ lthe'I�n dc�")o f t h o F a m o d a t a a m i rn v e r i n R�h e p n+�r o n y d e4cribcd in Ih�S�ceatU y Inztni+nent a�ul lacatecl n�: _
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<br /> - _ . tHE YANCEY CONOW�AtNIUM QRANQ��I9�yA�DU�� NEBFtA�R�.�1 88801
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<br /> "� TNE NC1TE CONTAIW9 RitOV1810N8 A���WIN� FQR G�4A��10�8 iN TNE IN'PFREST
<br /> �°°-�` RATE AND TNB MONTNLY PAYMFNT. 7HE NOYE LIA��TB TH� AMQ'�� YH�
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<br /> ' �-,�1;?,:'•:,, 60RROWBR'9 INTEREST i1AT6 CAN CHAN�E AT A�I�F ONB TIME yE
<br /> • .: MAXIMUM RATE TH�t3ARROWER MUBT PAY.
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<br /> � ° ''=�`'''�°`' AODI�'IONAL CQVFNAN7'F. In acLdUton ta thr c�vcnants and anceementa mada in tho Srcur�ty Instron�cnf�
<br />. � �3'�'A 6orrowrr eixl L.ende�fl�hhct cav¢nur,1 And agree an fi�ltowa:
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<br /> " F'r'.,���;' � A.INTERFbT!tA'1'�AND A10N'f'HLY PAYMC�N'�'CNANVTS
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<br /> _-�������,r 7'he Nmtn providc.9 far an iniNul lnterese rate of 8.600 96.'I'he Noto provldes ior chu�ges In
<br /> .�r�': :•�,. � tho interesl rnte ond tho manthly payment��a9 foltowa:
<br /> � � •• ^�'' �.INTk ltl:S�[tATF.AND MONTNI.Y PAYN9ri�'t'CIIANG�4
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<br /> (A)C�ha�c Ratte
<br /> �� The iaterat ato 1 will pay may ch9nge on the tirst day ai JUI.Y . 2002 .aod on thet
<br /> ' '` _ ���������,��an�e on w�,ich my interesl mta cauld chango la callal a'Ct+ange Data.°
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<br /> � lB)TAe l� Mt)NTHI.Y
<br /> Rrnlnnina �ith tt�e tlrnt Chn�e Date.mY intcre.st ate will bo bASOd on an lndeai.7'�0"Indox"le tNe�ii�dlltl�Jt
<br /> ' _ _ _ �re�e yteid un Uaitc�Stair Trc�u.ry sa�sitlsa adJusttd to�a mn�tnnl tn�tudty o!3 Y�AS m�e iv�i�ie isF
<br /> t�o Federal Reservo[ioard.Thc most te�ent Indsx figure avAilnblo sa of tlto date a3 dayg before e�ch Citu�Oato
<br /> � ia callcd tho'Current Indox.°
<br /> IS the lndcn ia no longcr avaitable. thq Notc Nold�r will chaasc a nosv�t�x�lhich i�basat upon campa�rthle
<br /> - intormatton.Tha Note Holdc�will givo mo notice of this chaloo. �
<br /> -= t�)t�kulatton ot Ciunge�
<br /> � 8afprC!#Ch Chai1$0 O1t0.tho t�ote Holdc�will cAlculnto my now intumst rate by�dding
<br /> �`� Of� MD ONE HI1lF peroentago pctilnt(A)( 1.S00 9B)to tho G1�rnnt
<br /> � Index. 71w Nota Halder will thcaa round tho rcsul�of thi�additian ta tNo�xauest onceiBhtti of c►no perantago
<br /> "'" point(h?�.A2S96).SubJect to tho Iircn�GS statcd in Section 4(0)below.thtn roundod amount will bo my new lnteast
<br /> �';� , twto wiec4 uM ncxt Chango Oate.
<br /> 'Tde Nate Holdrr will thcn detem�ino tha enx�unt of the monthly p�y+�nent thAt would bo sufflc�ent to t+epy the
<br /> ���^``�� unpaid prl�cipal th�k II ra;z►expected ta awo at tRo Chango Date In Ntl an�tho Matudty D�te at my�ew intec�est r�to
<br /> �;�6i� in substanti�Uy equa��rnmenta.Thv re.�sult of this calcalnllao wiil bo th�naw amaunt af my manthly paymenl.
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<br /> �.: (D)Ltmit�on lnterest Mte C�rn�es
<br /> __ 'Il�o intecest rate 1 un cequired ta pay at�r i3rst Chmgo Dato will nat b�greater than �O. 00 �
<br /> ` or lesa thxn 96.'�'q�:�-taRcr.my intorest tuto will novtr be i o�docreated on
<br /> a. any aingle Changc�D�o��y more thni �g �9 polnta(� fivm the rate of inu:rest 1 have boen paying
<br /> ,�.', fbr the prard�na twelve nx�Mhs. My rr � �dt��'v�ill raver bb'�ar than 12.OQO �.
<br /> _T , M���,��g8�e��e��11 never be 1ow�rr then 6.50096
<br /> Pu#y n�v iatec�r.�r.r1.e wil!beoome effective u•�c�ch Chanfie i�a2e• I will p�y the aa+.toc.-at oi my new monthly
<br /> k�:����� - , pnyme�t begir►nI� �,�tha �rst �nth{y payn�+d�to e1Rer tho Chan$o�.:Y,v untif thx amauru af my rnomhiy
<br /> �, pnY�ricaHl chnnIIas ngain.
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<br /> " .;' l�Notk�e of Chu�a
<br /> - 1'ix�N.nte Halder will deliver at n�ail to t��a a natica at any chaogts in my intere.4t ate and the amnunt of my
<br /> monthly p�ynknt befase the effoctive dutp af any change.The natice wlll includa I�formatian requital by I�w to
<br /> " ,,�, ': bo glven mc� and also Ihe tilld and telcphon� r+umber oi a person wha will an.4wtr any quesUon 1 may Gavc
<br /> �:�:� : . regarding the notioe. ,
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