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97109043
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Last modified
3/12/2012 5:55:59 AM
Creation date
10/19/2005 8:04:25 PM
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DEEDS
Inst Number
97109043
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� <br /> � _ <br /> ,�-�.:��-- -- •- . __ _.. -- -- - -- .�.°-=-- <br /> � ]1PPLN 001-70l7507! <br /> � . ' ��r�Q9� y 7 <br /> ADJUSTaBLE R�'�E RIDER <br /> TEQS ADIUSTA$IA RA'I8 RIDBii ia ln�de Ihis �7TH d�y of OCTOBBR � 1997 ,�fld 18 <br /> iaco�porated into and eiwll be cioaiied W��x+tid and a�Plcmeat ths Mortgnge�Deed of Trust�r Sxurlty Doed(tho"5xurliy _� <br /> lnmurtient")of the e�ma d�la giva�by tl�e undas�geod(the"Hon�awa")w exure lloctowa's Adjustabb R�ta Note(tho <br /> MN���� HOM$ FLDBRAL 6AVINd9 i� IAAN ABSOCTATIQN OF Ci1tAND IBLAND <br /> (the"Lendar")of the aeme data ued cover�ng the ProPertY d�+aibod in tho Secueity Instrume�nt and locatod at: <br /> 1309 BHSRIDAN PLACE LdT 2 BALVATION SU'B <br /> dgAND I9LAt�]D, 2�18BRABICA 69803 <br /> [proparry Addma�I <br /> THIS NOTE CONTAINS PROViSIONS ALLOWIN(i FOR CHA1�I�i1ES IN MX IIUTEREST R.ATF'•'�ND MY <br /> MONTHLY PAYN�NT. INCREA3ES IN THE jNTERFSr RATE WILL RESLJLT IN HI�HER PAYMENtS. <br /> DLCAEASES II+1'fHE INTEREST MTE WU'L RESiJLT IN LOWER PAYMENTS. <br /> ADDITIONAL COVENANTS. In �dditjat W the covaunte and eBroanents made ln tbe SocurltY Ina�ruma►t, <br /> Borrowcx end I�x�der f�r covGnartt and egree as follows: <br /> A.INTEItEST RATE AND MONfHLY PAYIV�NT CHAN(iES <br /> The Note providrs fa eu� initW i:►tacst cabe of 6.500 %. The Notc providea for chaaBes in the <br /> interesL nte aad tho monddY PsYments�as followa: <br /> 4.INTEREST RATE ANA MONTHLY PAYMENT CHANGIE3 <br /> (A)C�e Dota <br /> Tba lntaest nta I aW p�y may clwige on the firat day of NOVEM88R � 1998 �pnd on thst day <br /> every 12Tx moath t�ar�ftex'.Esch data on which my inkrest ra�e cauld change ia called a"Ctwnge Dit�e." <br /> (B)T6e Iadex <br /> Heginning wllh the fuat Chmgo DWO�my inta+at cate will be ba+ed on wt Indou.The"Jndex"is: <br /> THS W��KLY AVSRAtiB YISLD ON UNITFD STATBS TRS718UItY 88CURITISB ADJUSTSD TO A <br /> CONBTANT MATtJRITY OI� 1 YSAR� A9 MADS AVAILABLS BY THS F8DBRAL R88RRVS HOARD. <br /> T7w mat e�eooat Iadex C�gu�e av�ilabb u of tbo d�te:0 4S days ❑ <br /> bdare ach C'lur�e Da�e is calbd ttie"Cuaa�t Inckx:' . <br /> If d�e Iadeu is no longar avail�bk,tha Nou I�oWer wW clwose a aew index ths�t is Msed upon comp�nibb infa�nNio�. <br /> The Nde Hokfa wjll sive me notice of thlg cholce. <br /> (C)C�ku6tio�ot Ciun�a <br /> Befare each Chmge Date.the Note HoWor wW e�lcuWa my new inu�st rWa5 00�g 96 w the C�t ladea. <br /> �ro Arm oxs xAr.F Pu'�m8e P���s)( � <br /> �e�vao�M►zu�ro�a cno�toem�,aaa�c�co�no �xe�c O�axcw8n�c C]rrexs� <br /> an :YO�cxx <br /> $ubjoct w the limits atated in Soclion 4(D)bebw.this roundad amount will be my new intaeat tWa until tho neuct Ch�nge <br /> Y�e. <br /> 'Ihe Noie HoWu wlll th�t�detumine tho�rt�ount of the monthlY P�Y�t that wonld be suf�'�c'seat to tepay Ibe unp�id <br /> principd thu I Mn axpected to owe at the Ch�►ga Date in full on tt�e muorfty deta rt my naw inter�t rete in subamtially <br /> equal payma�t�.The ccs�lt af this cakul�don wW be tha ne�.��nwunc of my raonthlY PaY�� <br /> (D)Lisita oa Interat ltate Chan`es <br /> P ase cluck approprlata boxes;�'ao box Is chccrtud,there wlll be no»w�dmum llmlt on clranges.) <br /> (1)'iliae will be no maximum timit on intaest rate changes. <br /> xx (2)'Itie intaest rata I am roquirad to pay at tho first Ct�ange D�►tta wlll not be greater than e.5 0 0 96 <br /> � 4.500 96. <br /> a �3)My intaest nta will neva bo increa9ed or decna�od nn any singb Chango Dde by maco than � fran tho <br /> -- Two rrsacsrrr P�n�B� Po�uB) ( � <br />:�� cale o taest I h�vo boen PaY�6 Ca the procodln8 P��� <br /> -", �(4)My intaest rat�s will nave.r be gceater Ut►an i s.5 0 0 9b.which is eallod the Mwdmum Rato. <br /> "=i-i THFs "MINIMUM RATg" WILL NSVRR $S LB88 TF171N 4.S0Olr. n <br /> �� <br /> `� MULTISTATE ADJUSTASLH RATE RIDER-31np1�F�mfiy u�4 <br /> „r�i� P�O�1 0l l � -- <br />:-� VMP YOHT0116E FOR4a•p00)621•7101 InI11Ut:_ . <br /> �:�, <br /> �•I�fA1�o�1 <br /> _:'�'1 <br />.S�{rn <br />'al!f <br />�1?� <br />. '�� <br /> 1 — _ _ _ <br />
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