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2� 1 ��8552 <br /> 4B� The Index <br /> B�ginning with ths first Cnange Date, my interest rate wifl be based on an lndex. The <br /> "Index" �s: Tr�asury �onstant Maturi ty 1 Year <br /> The mflst recent lndex f�gure a�ai�abl� as af the date: � 4a �fays 0 <br /> befare each �hange Date is ca�led the "Current lndex." <br /> lf the ln�ex �s na longer a�ailable, the Note Holder w��! chv�se a new �ndex that is based <br /> upon cvmpa�able informati�n. The Nflte Ho�d�r wifl gi�e me natic� af this choi�e. <br /> t�� Cal�ulati�n �f Changes <br /> Bef�re each Change Date, the Note Ho�der wi�� calcu�ate my n�w �nterest rate by adding <br /> T�J� AND 87511��0 percentage points <br /> t �.875 °/oj to the �urrent Index. The Note Hv�der wi!! then �ound the result af <br /> this addition ta the � Nearest 0 Next Highest 0 Next L�west <br /> � �.1250Q °/a�. Suhj��t <br /> ta the iimits stated in Section 4�D� below, this rounded amount wi�� be my new �nterest rate <br /> until the next Change Date. <br /> � The Note Ho�der wif� then determine the amaunt flf the m�nthiy payment that wouid be <br /> sufficient ta repay the unpaid principal f am e�pected to owe at the Change Date �n fui� an the <br /> lVlaturity C�ate at my new inter�st rate in �u�stantiai�y �qua� payments. The �esu�t af t�is <br /> caicuLation wil� be th� new amvunt vf my monthly payment. <br /> � Interest-Dnly Per�od <br /> The "�nterest-�]n�y P�ri�d" is the period frflm the date of this Nate through <br /> . For the inte�est-an�y periad, after calculatin� my new interest rate <br /> as �ra�ided ab��e, the Note Holder will then determine the amount of the monthly payment <br /> that would be suff�cient to pay the �nt�rest which accrues �n the unpaid principal of my ��an. <br /> Th� �esu�t �f this calculativn wi�� be the new amount �f my monthly payment. <br /> The "Amartizatian Per�vd" is the pe�ivd after the interest-�nly period. F�r the <br /> amortizati�n per�od, after ca[cu�at�ng my new interest rate as pra�ided aba�e, the Note Ho�der <br /> �rvil� t�en determ�ne th� amount af the monthly payment that wvuld be sufficient to repay the <br /> unpaid principal that � am expected to ❑we at the �hange Date �n fufl vn the Maturity Date at <br /> my new interest �ate �n substantiafly equal �aayments. The result �f thi� calcu[ation w��l be the <br /> new amount �f my mvnthly payment, <br /> .� �,�. <br /> �nitials.. <br /> ��89�R ����0} Page � �f 5 <br /> 0 <br /> .�.� <br />