.� .
<br /> - �� -- ..
<br /> • '.r"�?"�4'�*�:� . � , :.,.,,.,,_�;.—�,�;;;.:__� -
<br /> �e:= -- -_ '.-�.:��.v�o,.�d..�-
<br /> __.,_�.,.�.,��,_.•,�.'��..�',- --__--��`__- —
<br /> �?—o����/
<br /> FHA MULTlSTATE ADJUSTABLB RATBQR.IDBNR�er 5-0078
<br /> �a�a Nu�rbsr 321-1877869�-7�9
<br /> THI5 ADJUSTABLB RA'I8 RIDhR ic mada thl� 22nd day ot �CTOBSR
<br /> 1997 and h Inoarporut� ���irumeat"doemod�to��and���Athe undonigne�
<br /> Dood ot'IYwt or Saudty Doed (
<br /> ("garrowet")to Rocun Borrower'�Nou("Note")co IrlOUNTAIN WBST FINANCI �,"��r")
<br /> A CALIP'ORNIA CORPORP►TION
<br /> at tbo���nd oover�t�he 1+roP�nY da+.�n'bed ta�he Securt�y Imuua�ent nnd locatod nt:
<br /> �9 SOUTH/1�ixGHWAY 11, WOOD RIVER, NEHRASlCA b8883
<br /> � �C� [PrmPectY Addra+J
<br /> THE NO'1'�:CONfAIN�PROV131UN5�AILUVYIN(i FOKCHANGE3IN 1NE INTERESTR�►'lE
<br /> INIERF�.4'a'MRA�CANpCl�AN(iE AT ANY Q TIME AIVD THE MA7QMUM RA'lE'l�lE
<br /> BOytAOWER MllST PAY.
<br /> ADD1TloNAL COVENAN'19. In addttbn to tho covenants end egraaxnta made ira ti� Securiry
<br /> Imtrumeat,Bor�r end Lender tl�rther ca:�eqant end�groo s�tollows:
<br /> WIFAES"1'RKtE AND MOPTI'NLX PAXMENT CfIAN(iFS
<br /> (�)���� on we Gnc da ot JANOARY 1� 1999 �a�on
<br /> The 9nurac rau ur,ay cban8e Y
<br /> �2�QZ�4��.rxYling ye�r. "ChanAe Dau"means each dasa on whicb tbe inurest nte ooukt cls�nae.
<br /> �,�I�� DStG�thC iAte[Ctt I8[G WW bC bali0d oA 811 I11dQL "IUdC1�"IriClIIIS thC
<br /> Hegtnnfng with thc 6nt Change
<br /> w+e�kly ev�erage yleld oa Untud Stutes Treasury Securitiea adJuatod to a oomtent maturit1r of ona year,as
<br /> mede avanabb by tho Foderal Resetve Board. "Ctirreat Inclex"mea�tba mat reaqt Itida�6guro m�silnbtie
<br /> 30 claya befote the Cheagr Data It the Indac(as���°thh Rider,�"Secretety"means tbe Sccreu►ry
<br /> a new IMaz aaY inda�P�xib��f'�°��'.
<br /> of Hou:ing snd Urb�a Dcv+ebPuxnt ar hk or her drslgaec. I.�ender wUt givo Borrawer notioo ot tbe new
<br /> Indac.
<br /> (C)CakdNM►r ot Ia�1Lte Clu�a
<br /> ge�o��C�age Date�Lender wW calGUiau a acw intecat rau by e�lding s mergin of
<br /> TWO AND 750/1000 peraategepoinu( 2.750 %)
<br /> w the Gtirrent Indac and roundir�t h�umof thB Ride.r thia raun�dod emount�will be tb�e n�au Intera�t rau
<br /> Subkct to tl�e limits statcd[n ParaB�P �) .
<br /> uncil tbe naa Cqange Deu.
<br /> ' (p)I.Iril�oi Irterat Rate C6a��es mt 1096 OA
<br /> T1�e interat rate wUi nevcr incr�easc or docae�e by moro tben one pccoen�ge� � ' r or lower
<br /> ain�le CChaan�c Dete.The iatoreat mta wllt uever bo moro than fivcs perantaSe Po ( • )1il�
<br /> ct�an s�e Wtfni inunsc mce.
<br /> (E)Ca�rVqor o[Pwpseat Chaa�e
<br /> It tho intereat nte c,han�on a t,'hungo Date�Leader w(1!!celculatc tlse emount o[monthly pe.ymant
<br /> of principal and interost whlch w�nuld be ne�sary to repay the unpaid pr[nctpel belana fn ttill at tho
<br /> matur[ty dete at the ae:w interest rata thcough aubstantially equal payments. In maldng auch caku7etbn,
<br /> I.enckr w(ll use the unpaid pdnctpal balance whlch wouki be owed oa the Chango Dau if thera had boea
<br /> no default in paymeat on the Note,reduocd'by tha emouunt of any Prepayments to prim,�Ipa1 The tcsult ot
<br /> Wts cakutaticyn w1ll be the amount of the new raoatl�y payment of principai and lntenst.
<br /> FlIA L[[1LTLtPA'l8 A[t�[Rl'DEllt C�)
<br /> ' ��y��„a����y� Puge 1 of 2 � � �
<br /> _ _ �`.��
<br /> � � ,. � - �►�.e
<br />'r • - <. �:;•.�- -: ,►
<br /> , , . .-. , .: „ •, ; , ��kT
<br /> , , . `
<br /> . . .
<br /> ► '� . ,. � :. ��� ���C.n. r. CI �'���+h+`° -----
<br /> i 1 �( . , .. ' 1Yp��1rJyl��� }'.i11R����.� t�.'��LTSr---
<br /> .�7� t ' . � . � .�� ' .'lh v�r�r r•'��l.�`� '1� � '�' .'i.'i'a�
<br /> . . . Y?.: .��
<br /> .. , . ., . ,�,. .: �'��:�� �-
<br /> .. .,: ., � � ���t � r ��.�a=:-_._
<br /> _: . . . . --,�� ��,: ,�R=r -�„=.�-
<br />•-�,`- .• . � . � � , . •. ..:.:7. .. .��.5�y-�--- ---__ _�_=--
<br /> ! . - " � ' '9• _- —_
<br />._ . . . . �s,� -_- _
<br /> � ,� •• �►r:.3,��,
<br /> _ --_ — -
<br /> .
<br /> -lt�'.. . . . ,
<br /> .. .. - . --`—t�'" ---
<br /> _._. . . �� � . 'r-:_1'.e'l•�— _ --
<br /> .� ..,11�t-� r . . .� � . . .� . ' ' . . . -f f`3��.A._`�— _
<br /> Y�G'�. '► . ' • . `r�'"�?'"� _ —
<br /> . . .. .. .. ���A��G�— ---'�'�i_Rr..— —_—
<br /> .. • ...�:J•,l�:A.MY N.�.�LYlY�4n71��'_.
<br /> •_.�'_'"'..
<br />
|