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��15�3��1 <br /> �B3 The �ndex <br /> Be�inning w�th the first �hange Date, my int��est rat� w��[ b� based vn an �nd�x. Th� <br /> "Index" is: Treasury Constant N[aturity 1 Year <br /> The mast recent �ndex figure a�aila�le as of the date: � 45 days 0 <br /> b�fvre �ach Change Date is called th� "�urrent �ndex." <br /> If the I ndex is na ��nger a�ai�able, the Nate Haider will chovse a n�w I ndex that �s based <br /> upon camparable �nformation. Th� Nvte Hv�der will gi�� me natice af this choice. <br /> �C} Cal�ulation of Changes <br /> B�fore each �hange Date, th� Nat� Hold�r wi[� calculate my new �nterest �ate by adding <br /> T1i►�D AN� 875110a� p�rcentage po�nts <br /> � 2.875 °/o} t� the �urrent �nd�x. The Note �[alder wi�� then r�und th� resu[t of <br /> this a�idition to the � Nearest � Next Highest � Next Lowest <br /> 4 �.125flfl °Iv}. SubjeCt <br /> ta the limits stated �n Se�tion 4�D� b�[�w, this rvunded amount will be my new interest rate <br /> unti� the next �hange Date. <br /> [.� The Note Holder wi�l th�n determine th� amount of the monthly paym�nt that would be <br /> sufficient to repay the unpaid princ�pal � am expected tc� owe at the Change ❑ate in full on the <br /> �Vlatur�ty Date at my new �nterest rat� in substantially equal payments. Th� result of this <br /> ca�culation wil� �e th� new amount of my monthly payment. <br /> � interest-�3n�y P�rivd <br /> The "Interest-Dn�y Per�od" is the period frvm the date vf th�s Note thrvugh <br /> , For th� �nterest-vnfy perivd, after ca�culating my new inte�-est rate <br /> as pro��ded abo�e, the Note Holder wi[� th�n determine th� amvunt of the m�nthly payment <br /> that would be sufficient to pay the int�rest which accrues an the unpaid principa� �f my loan. <br /> The result of this ca�cu[at�on will be the new amount of my month�y payment. <br /> The "Amort��ation Period" is the period �f�er the �nterest-on�y period. Fa� the <br /> amortizat�on period, after calculating my new interest rate as p�o��d�d abo�e, tne N�te H�fder <br /> will then determine the am�unt of the monthly pay�ent that wou�d �a� sufficient to repay the <br /> unpaid principa� that I an� �xpected tv awe at th� �hange Date in full an the Maturity Date at <br /> my new inter�st rate in substant�aily equal paym�nts. The resu�t vf this calculat�an wil[ he the <br /> new amount vf my mvnt��y paym�nt. <br /> � <br /> s �r s'�� <br /> �[..��t�a�s. � <br /> �-899F� 4�510} Page 2 of 5 <br /> a � <br />