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<br /> ADJUSTABL]E RA►T'� RII3E1� zooaea�4 �
<br /> — (!YanrTr�eawry ladex-Buta,C.ups) —
<br /> 19�'�IS ADJUSTABLE ItATE RIDER is madathis a�T� day of 88P'�BNBBR ,
<br /> ° .and is incorporuted into und shall ba deamast ca amand anA supplement the Mortgage.Deed oP
<br /> Tniat or Sccudry Deed(the"Securlty Instnament°)of the sama dattt givoa bK the undexsigncd(the"Borrow@r")to
<br /> s�rg tg�r,c�up��'S Adit�t461e(tate�Vot (U�e� "Noia')to
<br /> Q�Ol [ llQit� rt0 60q AffOCltt��lof GtiAd I61UQd� 18DYd4te�A:f�2�ta1 91riEq11i�2
<br /> (the"I.ender")of the sarae dute ttnd cavedng the proparty describad in tha Be¢urbty lnsmimsat and iarntod at: �
<br /> 204 8 ROBNIO ST aRARD IS�RI�DD, NB$Rl18Zlll f8801-1896 '
<br /> tProtxrtr Aaarcss� .
<br /> Tli� NOTE CANTAINS PROVISIO(1aS A�9.I.OWING+.FOi� CHANQES IN THE Ii�TEREST
<br /> RATE ANO 'rHE MONTHLY PAYME(WY. TH� MO'f4 UM1T8 THE AMOUNT YHE
<br /> BOEiROWEH'� INTEREST RATE CAN CHAMCf AT: ANY ONE TIME AND THE
<br /> MAICIMUM RATE THE BORROWEB MUST P�lY.
<br /> ADBITIOPTAI.COVENANTS. In additlan to tha oovenauta attd agc�eemeats made in iDe Secw�ity Inst�unaent.
<br /> Borrower and Ixader further covena�nt aad agree as follows:
<br /> A.D�RATE AND MON'�'HLY 1'AY11�NT CHANt�ES
<br /> �e Note pmvFdes for�u.inidal interat rats of �•�Z�• �Yo.The Note provldes for chauges In
<br /> , ,yqhe.interest rate and t6e monthlY PaYments, asfaUours:
<br /> 4.lNTET��ST RATE AND MONT�Q.Y PAYMF�IT C�ANGES .
<br /> � .,.
<br /> (A)C�ange Dpt�es,� ? pC'1'OHBR � , 2003 ,and on Wat
<br /> The inurest rate,i;�va.:�g�y may chenge onthe,ti�st.d�y•of
<br /> duy everg:.33ih_montti'IEh�Fe�fter.E�date on whlch�rnp•interest rate oould change is catled a"Change Date."
<br /> •��" ' ;�. � , � .
<br /> ' ' (�k�.� � ' ' •'.•. . �
<br /> :�.',���..�,S�q,�with the;�rSt ChanBe DatO. emN,�'�tate will be based on�lndex.The'Index"ia the weelcXy
<br /> �-;,;:av�rago yl�ld on Unite�5tates TYeasury secvritf�est�tjvsc�d to a oonstant matu�iey a�f�1 year�as made availa69e by
<br />: t6e Rcdeai�p'9Re�erve Board.The tnost rooer►t�ladex figun available as of the date'�q5'days befo�eash Change Date
<br /> is calied'a'he�ment lndex." .
<br /> . If tbe;�x�s no lqnger svait�Jbte,�the l�ma•Holder will chooao a new inde�a+hich fs based upon aomparabl�
<br /> . information.The Note'�older�wiA�gi<<pma natit�of this choice. '
<br /> � (C��alatlatlon c,t CMapg�x . . , . . . � ,.
<br /> F2e4'o`re:each Cinange Data.t1l��►�at9 Holder wiU calcWate m�y aew interest rate bY addin8 .'
<br /> ,, •'1".� :�.�: �. ,� . peroemage point(s)( 2.00� ' �86)w the t5�roeat '�.
<br /> .�:;�itade�c.,'�StiC Note Holdur aill then mund the result of this addition to the nemrst one-eighth of nae peroe�tage '��
<br /> ,•.. pbunt(0.12596). Sub;ac't t0 th6 limits st8ted in SeNiOA`�)belOw,this munded amau�t will be my new 1tt�erwct ,�,.�';�
<br /> rate as�.��•ehe.QeM G�iaqg�Date. ' , •.
<br /> 'T�e�luti�Io2der wli!tlx�determina ths aoaouut of We montbl9 PaYment�het would be sufficieat w c�epaY tt� ;,;`�,� ,
<br /> unp�id Frlacipal tbat I am expacted to owe nt the(�ange Date ia tWI on the Maturlty Date at my new interest a�.� �,, .°,.: �,,
<br /> in subsiandally equal gaymenta.'Yhe cesult of this calculatton will be the new�count of my aQOntb1Y PaYm�axi; ,,,, ,,;;,,,,;'•.;,��
<br /> ;
<br /> (D)Limits on Interest Itate Chnuges .� ' ��
<br /> T�e intenst rate I am required to pay at the gust G'hr�ge,Date wW not be g�t�r than 8.b25 �'
<br /> or less thnn 4.625 �.��.�€�terest rate will�."+cx be iacr�ed or decteased on ;,.�
<br /> any single Change Dats by more d�nn ewo p�lc�e goints(2.096)fmm t�e rate bf interest t�uve bmea payiug
<br /> for tha pmoed[ng twelve raoaths.My�nterest rsin•wnR.R never be greater than �1.625 gQ�:�:
<br /> , Mp iAterest rate will aever ae loxer than 4.62�5�. �� ,, �
<br /> (E)Etfative Date o!Changeg
<br /> My aew interest rste wtll b000mo effective on euch Cdange Date.I will pay the araount of my aBw momtily
<br /> ; paymeat beginning on the 8rst monthlY pay�+enc dat$efter the C6ange Date until the amouat of my memthly
<br /> . paymem c!►anges agaia.
<br /> �Fy►�ctice oi��
<br /> The Note Halder will defiver or mnii to me a noi[oe of uny chunges in my interest rate an�the emount of my
<br /> month{y payment before the effective date of any change.The nodce widl iacludo infomiwdon requined by law to
<br /> be given me nnd nlso cht tide cu�d telephone number of n pesson who will aiisswwcr any questton I may 6ave .
<br /> negasding the�eotice.
<br /> MULT18TAtE AdItJSTABIH RATf:RiDER-ANM 62•6in�te Fnmfly•Fau+M lUselFnttdf�lYlaa Unftam patrumee►t
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