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201608017
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Last modified
7/28/2017 10:13:41 AM
Creation date
11/30/2016 9:49:09 AM
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DEEDS
Inst Number
201608017
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2� 1 ��8� 17 <br /> �D3 Limits o� Interest Rate Changes <br /> �Please check apprapriate hvxes: if na box is checked, there rrvi�l be no maximum limit fln <br /> chang�s.� <br /> � ��} There w��! be no maximum limit vn interest rate change�. <br /> � �2} The interest �ate � am required ta pay at tne first Chang� Dat� will nat t�e greater <br /> than �.��� % or �ess than �.��� %. <br /> � �3� My interest rate w�11 ne�er b� increas�d ar decreased on any s�ngle Change Date <br /> by more than �w� AN� 000��.ao� <br /> per�entage points t �.4�� °/o} fr�m the rate of interest 1 ha�e <br /> been paying for the preceding period. <br /> � �4� My interest rate will ne�er be greater than �.OOD °/o, wh�ch is �afled <br /> th� "Maximum Rate." <br /> L� �5} My inter�st rate wi!! ne�er b� less than �.DDU°/o, which �s called the <br /> "Minimum Rate." <br /> 0 ��} My interest rate will ne�er be less than the initia� interest rate. <br /> � t7} The inter�st rate I am requir�d to pay at the first Change Date wil� nat be gr�ater <br /> than °/o or [ess than °/o. Thereafter, <br /> my interest rate will ne�er �ae increased or decr�ased on any single Char�ge ❑ate �y <br /> more than <br /> percentage pai nts � °/o� from the rate of i nterest I ha�e <br /> been pay�ng far the prece�ing p�riad. <br /> �E� Effect��e Date vf Changes <br /> N�y new interest rate wil� become effecti�e on each Change aate. � will pay the amount <br /> vf my new m�nthly payment beg�nning vn th� f�rst monthly payment date afte� the Change <br /> Date until the amount of my month�y payment changes aga�n. <br /> €F3 Not��e of Changes <br /> The Note Hold�r wi�� de�i��r or mail t� me a notice flf any changes in my inte�est rate and <br /> the amvunt of my month[y payment befor� the effect��e dat� of any change. The noti�e wil( <br /> inc�ude infvrmation required by �aw to be gi��n ta me and a�so the tit�� and te�ephone nurnber <br /> of a person who wiF� answer any quest�on I may ha�e r�garding th� nvtic�. <br /> Initial �� � <br /> �--- <br /> �-8�9R ��5�D� Page 3 of � <br /> � <br />
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