Laserfiche WebLink
_ - <br /> . ..... <br /> 1 .. . , ....,....., . �.��;�i�'�..'�:.., _.f:.�.5�:� <br /> . • 7t.r. � , . <br /> • r'�*'}7�lV�r': ,��..'. ..� r . �e 1w+1.�� .-c. 1: . ��. <br /> u � �� -'l�s'YJ N-.��.: <br /> ����� �tE�.��� f�:�. a � .-f z3- _ - <br /> i — <br /> �i,..;{.n:.r��:.�x,A�t��y�r.:�w�tal.- i�n� F" .�c.� . _. ....__._._ . <br /> .� <br /> -- ---- . .u..,_:.I` � � 7ii� ilY�•u• <br /> _ _ _' ___ _- <br /> _ __ Z�iN �: 013115893 <br /> GR30T <br /> ' � ADJUSTABLE RATE RIDER - <br /> • � 1 Year Tre�sury Yndez--Rate Cwp9) RE-RECORDtiD 9/��O cJ�� <br /> THI$ADNSTABLE RA'TE RIDER ia made this 16'1H dxY of OG'!C�IIt, 1997 ,and is incotparated Into and �.. <br /> ahap be dcomed tn unend r�nd supplement the Mongage,Deed of Tn�st ar Securlty Dced(the"Sccurity Iasuumcnt")of thc samc dnte <br /> given by the uttdersigrnd(the"Botrawe�")to secw�e Burrower's Adf uatablc Itatc Note(thc"Notc")to <br /> O�i�T+ !'�i1►L� CC�PORARZQI <br /> (thc"Lendc�')of tha etme date Rnd coverlug tho propetcy descrlbcd fn the Sccurlry Instrumeut and locuted at: <br /> Z02 a 3RD 8'PR1�SP. D�. I�: 66838 . <br /> [PropwlY�►dd►M�1 <br /> THE NOTE CONTAlNS PROVISIONS ALLOWINO FOR CHAtN�EB IN THE INTEREST RATE AND 7HE <br /> HANOE AT ANY ON�IME AND HE MAXIM M RATE THE BORROWER,MU6T PAY. RATE CAN <br /> ADDITIONAL COV�'IVANT3.In�ddiUoa w the covenettt�and�gncmcnts made 1n tho Securlty In.rtrumcnt�Borrowcr end Lendat <br /> fluther covenant and a`reo�s follawe: <br /> A. INTEREST RATBAND MONTHLY PAYMENTCHANaES <br /> 'Tha note pcovidienfur�n ialtltl iatctest nte af 7.Z50 9b.The Notc pmvidea far cheages 1n thc interest <br /> nto and the moalhlY pYments,�s follows: <br /> 4. INIFREST RATB AND MONTHLY PAYI�'NT CHAN�ES <br /> (A) Ctunge Datea , Z000 ,and on that day every lath <br /> 'Il�e intereat nte I will pay aaay alnnge oa the fi�st day of I�X7f1Pl�t <br /> month thereafter.Each date an which my interostnte could ehenge[s ca�ed a"Change Date." <br /> (B) 'Ibe Tndex <br /> gegirmiag with tlie first ch�nge Dau�my inurest rate wlll be baged oa an Index.11ie"Iadex"is the w�ckly aver�ge yleld oa United <br /> gtates Treaauty Securldea uljusted to a consw►t maturlry of 1 Ye� ,es made ava9lable by the Fedetel Resetve <br /> Boanl.'Ihe mast cecent Index tigure availwble as of We dau 45 daya before cach Chauge Datc is called the"G�rrent Index." <br /> If the index�i no longer�vailtble.the Note Holdet wlll choose s new index which is based upon wmpuable 3nfornution.Tbe Note <br /> Holder wW glve me nodce of thie choice. <br /> (C) Glculadoa of Chwgea ��r <br /> Befot+e each Chanae Date,the Note Holder wlll calculate my new intcrest ratcby a�ding� � ��n 8�I���( 3.]95 `%� <br /> to the Cur�ent Index.lIle Note rioIder will then couud iLc ic�uii of ihis a�'c�idcu io the stGSrtsc ans-z��h�t�f�^I-'!'r�nuge polnt , <br /> (0.12396).SubJect to tLe limit�atated in Section 4(D)below,thla rounded�mowit wlll be my new interest nte unW the neat Change Dau. <br /> 'Ihe Note Holdar wlll then deteemine the amount of the montlily payment that would be sufficient to repsy tha unp�ld pdncipsl ihat I <br /> �m expeetal to owe at the Change Date fn full on�h�maturitY date at my acw inte�est tue ia subs►anHally eqwil payments.'ILe c�csult of <br /> thie calculadon w1111�e the now unouat of my monthlY pay►nenG <br /> (D) L�m{ts on Intereat Rate Clunges <br /> '�he inkres�tate I im requited to piy at the fitst Change Date wiU ttot be greater than 9•250 �or less tbon 5.250 <br /> 96. 'Ihere�fter,my intcr�st rate wW never bo incnased or decreased on any single Chonge Date by moro thatt � perccntage <br /> from the rau of lntenst I luve been a g fot the receding tN�lv�e months.My intecest rate will <br /> polnta(Z.00�) P � p <br /> t►everbegceatcxthaa u•7509(,. <br /> (S) Ftfeetiva Date of Changea <br /> My r.�w inteccst nte wiU become�ffuttve oa each Change Date.I w1U pay thc amount of my ttew monWly paymeat beglnning on tha <br /> firat montbly payment dxu after the Chuage Bau untU the unount of my monthly payment changes again. <br /> (�Notiee of Ctuages at before <br /> :tie Note Holderwill deliver or mdl to me�noNcc of nny changcs in my inurest nto and the amouat of my mc�nihly payr�e <br /> the effeceive c4te of�ay change.The notico will include lnformaHoa requited by law to be given mc and xlso the dde�ad telephone <br /> nuanbcr of�peison who wlll uuwer�ny questioa I may hsve regarding the noflce. <br /> B. TRANSFEIt t7F THE PROPERTY OR A BENPFICIAL YNTEREST IIV BORROWBR <br /> Unifam Coven�at 17 of tha Security Instrument is amended w rcad as foAowa: <br /> 'hansfer of the pmperty or a beneflcial interest in botrower.If ell or any part of the pmperty or any lnurest iu it is eold or transfcmd <br /> (or if a benefieid intaest ln Borrowec is sold or n�ansferced and Borrower is not a nawnl person)without L.�nder'a prior wrluen coosent, <br /> Lenckr may.at its option,require immediau paytnent in full of Yll swns secured by thls Security InstmmenG Lender also s}WI not exetclse <br /> this option if:(a)Botrower ctusw w bo submitted to Lender Infottnallon requiced by I.ender Lo evaluate thc inunded uulgferee as if a new <br /> loan werC bcing made to thc transferee;and(b)Le�d�r rcasonably detcrmines thu Lander's securIty will not be Impsind by the!wn <br /> assumption and that the rlsk of a breach of u�y covenaat or agceemcnt ia this 5ecurlty Insuument is acceptable to Lcndcr. <br /> To the exta�t pennitted by applicable lew.Lender may chargo a nasonable fee as a condidott to Lender's consent to the loau <br />-- assumption.I.ender may also require the tixn.sfecee to sign an essumpcion agreement that is acceptable to Lender and that obUgAtes the <br />— ttansf�ree to keep all the promises and agrcemcnts made in the Note aztd in ihis Security Instrument.Borrowcr will continuc to bc <br /> obligateciunder thc Note and thls Securlty Instivment unlcss L.ender rclesiscs Borrowcr itt wrlting. <br />— If Lender exerclxs the opdon to nquira immediate payment ia full,Lender ahall gtvc Borrower nodce of acceler�don.'Ihe nodce <br /> — shall ptovide a period of not les�thsn 30 clryF fmm the dace the notice is del{vered or mailed within which Borrower m�ut psy all aunns <br />— �ecured bv this 3ecurltv Inst�umont.If Fiotrower fails to pay these swns prlor to the expitaden of this pedod,Lcnder may invoke any <br />--- tcmedies permltted by this Seautlty Instrutnent without further nndcc or domand on Borcower. <br />__ BY SIONINO BELAW,Borrower accepts and agrees to tho terms and coveJ���contained in this AdJustablc Rata Ridcr. <br />�: r• � (5anl) �' "�-l�-`C'��`��� C��S�eq <br />-- P I�� -eoRO,w� BEII�RI�IIiE D Iai�4+' -e«ro�w. <br />� <br /> (Seel) (Seal) <br /> ¢ '°OtON"' (Sign Orfgtnal0�) <br /> •;� MULTISTATE ADJUSTABLE RATE RIDER-AHM 6•2-Single Family- <br />,_.,� F�nnis Mee/Freddie Mae Uniform I�etrument Form 3111/3/86 EG3002(REV 10J94) <br /> �� <br />