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<br />=T=��= = _-�:,:.�: � Qo5 �� A�JtTS'I'A�L� RA'T� �IDE� ::, r:��;::.�_:.,
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<br /> ` . . ' • (LIBOR Index-ltat�Caps� �
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<br />. ' .; :.��� ' THtS ADNSTABLE RATE RIDER is made this 30TH �Y of� 'MAY ' -
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<br />- ,, `;` ,. .:� � 1999. .and is isicorporated inw and shall ba deema3 w amend and supplement the Mortgage. . _ - =_ ---
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<br /> Deed of Trust or Security Deed(the°Sectuity Ias4rumeat")af the s&me date given bp the uadeisigued -_
<br /> �' -�� (the"Horrowet")to sECUre Borrower's Adjustable Rate Note(the"Note")to -
<br /> ' � .��� t1i0ATH AMERtCAN 6tORTGAGE COMPtWY � -_='_-
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<br /> � :y : '��; (the"Lender")of the same date aad covering the Propertp descn'bed in the Security Instrument and �,:_.-'�__..
<br /> , •} located a� � -- -
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<br />- � . 1318 WEST 8TF! STREET ��`��r'-�=
<br />- �� . tiAANQ ISLAND, IUE 68801 ' !P�'�;�'' • --
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<br /> ' , , tProgeatp Addressl � ��`�
<br /> . T�iE NOTE CONTAINS PRdVL4IONS ALLOWING FOR CHAN(�ES�IN THG � ���T=.
<br /> , �� ' :< � INTEI�ST RATE A.'VD THE MON'E'�LY PAYMENT. T$E NOTE LIMTPS - . . . �::===-=-
<br /> � .. THE AMOUNT THE BORROWER'S INTEREST RATE CAN CHANGE AT ��"`:�'--
<br /> ���;W. ,�
<br /> ' � _� � ��' -
<br /> �. '�x. :� ANY ONE'TIME AND TAE 1LS.A�MUM Rt�.7t7F:THE BORROWEIt MUST. :�_r,_�..� :::.--
<br /> �. .. � � •:r PAY. . . ::,�:�s.,...:: __
<br /> �� `��.�p � ADDTTI011TAL COVENANI�. In addition w the covenants and agreements made ia the . � "�'"`�'-..._
<br /> `�_ �� .... � ..�; Securitq Insttvraent,Bonower aztd Lender further covenent and agcee as follnwa: ���f'`
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<br /> ' • A. INTEgiF.ST 3RATE AND MONTHLY PAYMENT CHANt�ES � '���.:.�';�'
<br /> . . � � ' Tha Note providea for aa initial interest rate of t t.900 �%.�Note provides for . :'�`'�'�-�.
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<br /> _ � ; � changes in tha iatereat rate aad the monthly papmenta,as follow� � � � ` -° •
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<br /> , . ..�� � 4. INTER�ST&A�TE AND MONTHI,Y PAYMENT CHAN(3ES : " --
<br /> ,.; , ' ����� . (A}�'.L3sage 1)ates �
<br /> . 'I'he iaterest rate I wlll pay may c�aage on the fisst dap o�, JUNE . t999 �anc!on :•'!. �
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<br /> � � � � ' � � �� � that dap every siath month thereafter.Each date on which my interest rete could change i�called a - - --
<br /> �, .,�� "CSange Date." � - .
<br /> - � . fJN1TiSiAIE AWUSTABlE RA1E flI0Ei1 -tl80� l(�E% - Singte Fmnily .
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<br /> : . , - � BLECTNONIC LASEA FOAMS.INC.I800 377•094 I�����l���l$�� ,------
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