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2� 1 ��544� <br /> {By The �ndex <br /> Beginn�ng with the first �hang� Date, my interest rat� wi�� be based an an Index. The <br /> "lndex" is: Tr�asury �ar►stant Maturity l Year <br /> The mast rscent Index figure a�ai[able as af the date. � 45 days � <br /> before �ach Change Date is ca�led the "Current Index." <br /> If the Index is n❑ Ivn�er a�a�lab��, the Note Ho�der wi�[ ch�os� a new Index that is based <br />� upvn camparable infarmation. The Note Ho�der wi�� gi�� me notice of th�s choice. <br /> 4�� Calculatian vf Chan��s <br /> BefQr� each �hange Date, the N�te Holder w��� calculate my new interest rate �y adding <br /> T�+1a AND 87511Q0� percentage points <br /> { 2.875 °/o} t� the Current �ndex. The Note Ha�der will then �aund the resu�t of <br /> this addit��n to the � Nearest � Next Highest 0 Next L�west <br /> t D.125�� °/a�. Subje�t <br /> to the limits stated in 5ection 4�D� he��w, tl�is raunded amount will be my new �nterest rate <br /> unti! the next Change Dat�. <br /> �The Not� H�lder wi�� then determine the am�unt of the monthly payment that wouid b� <br /> suff�cient to �epay the unpaid principal � am expect�d to owe at the Chan�e Date in full on t�e <br /> N�aturity Date at my new �ntere�t rat� in substantiafly equal payments. T�e result �f this <br /> �a�culation wiil be the new amount of my m�nth[y payment. <br /> [� �nterest-�nly Period <br /> The "Interest-�nly Per�od" is the period frvm the dat� vf th�s Note thr�ugh <br /> . Fo� the interest-on�y pe��ad, after ca�culating my new �nt�rest �ate <br /> as pro�ided abo��, the N�te Hc��der w��� then deterrnine the am�unt af the monthly payment <br /> that wau�d �e sufficient to pay the �r�t�r�st which a�cru�s �n the unpaid p�incipa[ af my loan. <br /> The ���ult of thi� �alculatian w�ll be the new amount �f my month�y payment. <br /> The "Am�rt��ati�n Per�ad" is the period after the inte�est-only pe�iod. Far the <br /> am�rt�zation peri�d, after calculating my new interest rate as pro�ided abo�e, the Nat� Ho�der <br /> will th�r� c��t�rrr�ir�� t�� ���u�t �f t�� rr�c��t�t�y p�y���t t��t wvuid b� suffic�ent t� rep�y ��� <br /> unpaid pr�nc�pal that [ am expected to owe at the Ghange Date �n fu�� on the Maturity Date at <br /> my new interest rate in substantia��y equal payments, The result of this calculatian wili be the <br /> new amount vf my month�y payment. <br /> � <br /> �n�t�a <br /> Qy�--8�9R ��5��� Page � of 5 <br /> � <br />