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<br /> ��` ��'i�f',47
<br /> ADJU�TABLE RA,T� RIDER
<br /> (I,,f�olt G�dae•Rate c�pe)
<br /> THtS ADJUSTAal.B ItA'�B RIDBR ii Q�ade thl� 3rd My of Aurtat �
<br /> �99� ,�ad I�U�oarporued into u�d slull bo datnod co ama�d�nd�u�pplemcnt tha Mort�+�ge,beal af Tro�t
<br /> or Sacudty Deed (tbe '�cudry Inurument') of tl�o u�me dete jiven by tho underaigned (the •Borrower")to iecuro
<br /> porrowcr's Adjutt�blo Rata Note(�he"Nate') toc
<br /> IAN(i BEACH MOAT(iAGiE�QMPANY
<br /> (tho"Lender")of the�me d�te+�nd covodn�tho propaty deacribud in the Secudty InsqunaW►t And loc�tAd�r.
<br /> 26Z1 BRAHMA 3T
<br /> GRAND ISI.AND.IVE 6a801
<br /> Rrov��Y�Waroul
<br /> THE NOTE CONTA�N8 PROVIWONS rALLOWINQ FOH CHANQES lN THE Nr'�I�EST M►7'E
<br /> AND THE MO�'�11�{LY �'��.. 'If�RE�1lE UMClS THE AMIOdlIl1E'�'�!}!E�OII�RO�Mf�"S
<br /> MITE��T IRA,'1'E CA,MI CMAMGE A7 M11P ONE TIME AND THE MAXOMUM RATE '�1E
<br /> �ORROWdR MU�T�AX,
<br /> �I,oi>,T.:;:�"i'AL COVEt`3A1'*:�. Rn a�:•r'.aa:a ths anrea�« r,r.�i agcremeat� mde in �hr, �n�riry Imtn�naa�[.
<br /> l8onnow���r�3'i.a�der funt�et oovauat and�c�ee�idlows:
<br /> . �rt,.]Nf�RLSI'ltA1E AND MONIffi.Y PAY&�fV'6'CHA�iGES
<br /> 1?�.�e Note pruvZda for�a initW iata�at rate�f a.000 9G.Tl�e Nou ptovides far d�r�����n tbe
<br /> ' � iote�t ra�e�ad the moot6ly p�ymeac�.�follo�n:
<br /> . . ' 4.a'!L'�"'q�"uo..°:'.°..;:'�AI'::.'K�'!'�.r Pe�►_j►I4+�`_!�!'t`�iAN[;�.5 '•'`�.
<br /> (A�L'��� 19�.,aqd an
<br /> 'It�e i�uenst r�te I wilt pay mtY ds�mte on the Rrr.�a�l�af , . Fp�ir_�z�ury .
<br /> thlt diy t�'aY SZ7Uh iD01Mh thet�e[.F.a�h d�tC OQ M�IICh 111�I�ukreAi'af7�tC OQ111d'c1l�ije ii p11Ed 14�C7171D�C�1Wu1�."' ..,���•..
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<br /> (d����11aE7I ' ' " •�� � ''' .
<br /> -, - �N���.�1���C D�C.mY intcoat r�b w�ll be b���m l�•'x.1��������WG����O� �t
<br /> • �lttMfl�C ORlIOd I�C!f0[��ll-1�IDOth U.S.dO111[-�EOOI�1�i1�OQ�lPOl�ts 1D!bE LqId001O�1GOt(�I.��`).,�!t;P4'l���Od
<br /> � . �� :.,..u�T1ie Wall S/mt Ja�nwL 1Le mat roo�at Index fiEut�e av�il�ble�s of the ciate 45 dtyas behxe a�ch G7�s'�D�e �
<br /> �i', .��1.\, i 'J ��• M ' . '. ' . .
<br /> 1 .• �:1.���l�w`�ViY,��� .
<br /> ;','� �� .' ��,,..U•tl�o:ffi�;��L no longer awti�ble. the Note Holda �vill c6o�+e a aew 3ndac that is bued upop,,�±�+�bk
<br /> �t'� :idtormatk�•:�e,?'1�te��i°Id'a�vill�ive me notloe a��b�s dwire. �. ��;�.
<br /> ' � . . �, ��..�
<br /> � !';' (G�C�t+�sa�1ta't�}�uf:��'���e+ �
<br /> �. � He(q���h�e D�oe.the Nae�I�ldes wll!cilcNlite nht�aw i�taast rata by addin; Far�d'ltir�e ..
<br /> ��. , ,• .P�°�rpa�°c(a)( 4.75� • �• 7G)to d�e G��nut � ;`'
<br /> ���,.: .',:,,•i+.� ,.�' FM�f�s �, eu ,
<br /> ,:�,. ,::;�,',.� �'bdex.Tbe Nae Hi►Ida Mi11 thea mund tlS� crialE o!�thir addltioe cq d�e nearac ooc�t�6tD,oiF_ba Q�!�P�
<br /> "� �' `. " . •.t0.12S%).51+b�t ta the limita etated��n Sr�tiouu4t�7 below.thit rouaded a�ouat will b�nnr��qew i4Ae�i�.ir•�t.e 11�ci1 tbe
<br /> ,.�' . '�y'. �C7Ct Chi0j0 D�C• ; • , ' '.�.�,•�
<br /> � The IVote HdBa Mill then daers�+ine.tbe�maiot of tLe moothty paymeat tlut would be ault3cia�t'ctA��
<br /> '� 1��,�.,': . .�a P�PV tbwt d am expected t�n�owe�t 1he C�o�e Date in tuli oo tbe M�Wity WIe at mry t�cw int4�u ttle in
<br /> • . �ubwotLllY equ�l PsYmatu.'l'Ue eewlt of this ca�culttioa will be the aew anouM of m�► moatWY WY��.
<br /> ' , I,. �p,lU4T�A�1.�1tATB RlDtit•I.Nw1 MoEx �.. .
<br /> hM�dt �
<br /> � ' � �1 '. �•196d00Y t��+a ecc��ii�t�w�s.x�c...ieow����� w,uiwy� .
<br /> /N
<br /> luaon lo►RUr+I rc i.or No.7?72239-3QT84
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