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<br /> �" ' �" THIS AD�tTSTABI�RA�`RIDE�is mx�te�his ais�r , d�y of N�� , 1997 ,and is � .:.r;
<br /> `'� S DeeA tthe°Sec�uitY.
<br /> '� .' � . �i ut�aa d s h a U 6 e d e r a ned to amead aud st�pp2e�tt�Nlort�g�Deedof 1Ynstar �rit�► . � , __
<br /> � Ip��� a�eat�of d�e same daie ga►�n 0y the�(�$°Bos�a"?m se�e Ba�°�°�'s Ad�stable Rase l�tate(the ,,. 4
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<br /> . i.�°—' . , HO:dS FSDER3IL SAVINQS & IAAN A880CIATZON OF GRA1�ID ISLADID ;:'s,
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<br /> , - — � . • tclie°i�)ofthesamedascandcove�ing thegra�$��in tfle5eaaitY Ins��sudtnc�tedax � , -�l-:
<br /> a3sa ra�mc3s Aou� 'K-,
<br /> � ��` � r � CiIiI�ID ISI.a1PID. N.SBRFlSRA 68803 ` Aiddrea+l ����
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<br /> � �s warr�co�r�s�ovts�ows�w�c Fo�t�����nr u�r�sr���� . , �;,
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<br /> �MONf�i.Y PAY�iT.ENCREASLS E1ei T�[E�YT�'1RATB WfE.E.�11-T�Pi ffi�PAYMEl�F�S. . � x :-
<br /> .,, ,' �E .ASF�IN'!'�A�"g'�A.'�WI4L HESULT II+I I.OWEB PAH1VII�d�TB. . . :�
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<br /> -..�"� �.�c:". ' li�au� 10 �IP. S� ,...�+p"'v"`� . ''..__,
<br /> , . � . � �D�?ITLONAL COVENA�iTS. tII�� tU thC C8vEi13iiLS SII� �� . ..,.c:�
<br /> ` -` t ' $orta'w��I�eudgr fm�dte,r coYea�tand'eg�e a�follflws: : . �
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<br /> . , A.��T BITE AND M�11iT�rII.Y PAYMRd�1T CRafNti�+S � • : , —
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<br /> '-. r _ ' 1ffi PIaRe prov�des f�aa initial mi�est tate of 6.50o qo.The Not�p�vides far cS�anges in the �
<br /> �'�•� iaL�e.stirai�c ami themont�ly peya�ts.asfoIIovr� . , , —
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<br /> ' `:� °� .. 4.I�RF�i'LtATE AND.IV�OPITH�.Y PAYM�YP CHANCs�S .- • _,•
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<br /> . . 'Iiie iute��e I cn�l paY maY c�ui��the fi�,t daY of DSC�e�t � 1998 .OIId OA tI13i dey � J:
<br /> . ; �y z 2� c n o n t h t h a e a f u:�Each date oa which my fataesirare contd cbaage isc�lled a°C�ange Dat�° � "�' —
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<br /> � . � • • (B�'t�a�Iat2�x • � • . � �=::.:�:
<br /> _ . � Beginning with tbe fisscCdange 1?ute�mY int�est sata w�l Be ba5ed an aa Index.'I�e"Indea i� �• , . . �_.�--
<br /> � . . . T&S W88F�+X AVBItAt3$ YIELD OI5 tJNITBD STATSS TRI3ASURY SECORITISS 31DJOSTBD T4 A • • .-::�,
<br /> .. .' . � COi3ST31NT MATURIZ`Y OF 1 YSAR. }15 MADB AYAILAALS SY THS FBDS$AI► RBSBRVL{ BOE1Itn. �-Y�.,�_
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<br /> . . .. -. 'Ihe mcfstnecent Iadeu fig�ue ava�D�e as of the date:Q 45 days C� �'_I�-:.:
<br /> ^. � .. . hefose ezst�C�aage.Date is caiied the"�ent Yndex." , . . . �.itt__
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<br /> .. �f the Index is no longea sva7able.the Nnte HoldQa ai11 cQflose a aew indea that.is ba�ed uaon wm�1e info�manon. �;_:i`
<br /> � _ ;�:> �-�'�. . .'IheDtose Ho2der'w�l give me notice of this choice. , • � �.;. �
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<br /> . ' �.� :, � � (t,7 Caleatatton oY Cltaoges , �, . �:-
<br /> � Hefase eacb CAang��ate.the NaLe Hotdrs w�l calcnlate my ne.w utteaest rate by add�8 � �
<br /> , ,. ' �a Arm orra �.r p�a,�se pain�(s)( z.sa o �)ra i�e txment v�. . '
<br />., . � � . 'i h e N o t e H o�d e r vrilD tI�mund We resi�It of this addition w the �Ne�est �Next Highest 0 I�te�ct Lawest•
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<br /> � , Subjecc m the llm�ts stated'w Sec6nn 4(Oj be2ow,this munded amount w�l De roy new inte�st rate unt�the riext CAange .
<br /> � Date. � •
<br /> . � �•• The 1�Iote Holdet wiD then detenoine the amomst af t�e montiily Payment t�wantd tse suft�cient w repay the unpaid�. .
<br /> u '� . � _ ytinciDat t�i am expected w awe at tAe Change Date 3n fuU on the mauuity�te ai my new intcaest rate in�sub�►dalYy
<br />- . , :� equal�ayments.'i8e�[of this caitvL�on vrill be the aew ainount of my manthly payment . :
<br /> - � N)Limim nn Iateres!Rate Cbanges �
<br />�� % � � P ease check apyroprlate boaes:�f rro 8ox is cF.er�d.the�e wili be nn nra�irucrri limis an changes) � �
<br /> .. . ,,, (!)'ihere wiU b$ao maximum limit an intere,�t rate changes• a.s oo % y
<br />_ � _ � (2)The inUerest zate 1 am requ�ed ts pay at the fuai Chanige Date wi11 not be gceat�11ian
<br /> '. . OIIC3st� '�.500 %. .
<br />-t,,,�` . . ... Q(3)MY interest rate wilt never be increascA�decteascd on uny singte Ct�anBe Date by more than
<br />- � . Two PsRC�rrr P��3e pou�c(s) ( 2.000 �o) from rfia
<br /> � � tate af intgre,st 1 have be,en Daying far the precedin8 P�ad �
<br />.. � .� . ' � 0(4)My ir►taest zate will never be greatet drm 11.5 0 0 %.whicA is called the"Maximum Itsitc." .
<br /> . . ' ' TH$ ��MINIMUI4 RATE" S9ILL NBVER SS LBSS TAAN .000$. 8/94 . .
<br /> , . . � l3ULTl9TA7E AQdU9TA�l8 HATE itiOEi�•$Ingle Famiiy Pago t o12
<br /> . � �•BS9Qt�oB) Y6�7670RTOAQEFORM9•I800)521•7291 InBlate:__
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