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' ' . ;;t._�ry +�A;: . .�o . ... . ' ' � .iM• , _ I <br /> . �l � <br /> 0 <br /> ,� ' ' ' I <br /> '�: , !, u „ " � <br /> ' �`eL'�d�f}'Q'.�''. . �. � . - 'll - r, -4'��<.r�fYw� - <br /> ..i :� -.�• f ` .. . ..t�jyY�rs... <br /> �...... rn�R. Wd�`:�Y4�G1.'` . . _..._...._...��..+R/R�'S <br /> ��. � ��-��.�.._'_..��..�.'A_.���_O�.�__.�,.�..�+• ' "_��...�.�'__'.��._.����...�.`..._��...._�.Q��..�_�.��.�_ <br /> .. ' � • 1 �-.. <br /> L <br /> '. �_� <br /> ��o�c���� ��_. <br /> . t = <br /> ��_ <br /> . } Tru�tee,without demand on Bormwep,shmll sell the Propepty at public aucUon to tde dighest blddep at¢�e _ <br /> . t[me and p1aEe and under t6e terms deslgnated in the notice ot sale in one or mora ps�blic�enn uarement <br />" � Tru�te�e deteranines.Trvstee may postpone sale of eil or nny parcet of the Prol�ertY bY P =_ <br /> � =%'�'� at the time and placo of any pr�.wlously s:6eduled salr.Lender or lb desfgaee�ay purc6eso the�rogerty at _ <br /> ---�4 aQy aele. _ <br /> �� Upon recefpt of payment of the pr[ce btd,Trnskee ahail deliver to ttie purc6aser Teustee's deed _ <br /> conreytug the Pro�eertyr.The recituls tn the Trustee•s deed shall be prims fecie evidence o[We trntU of the <br /> - ,. ��_ ...:� statemeots made therein.Tn�ste�s shell apply t6e procesds oi the sale in the foliowing orden(a)to al!costs <br /> and expenses of exerctsing the power of sale,and the sale,incladtng the payment of the Trnstee`s fees <br /> , ' actually tncurred,not to e:ceed 5.00 %of the princip9l amount off tke Note at We time of!6e decla- <br /> . u� ratiom of defauit,and r�asonable attoraeya'iees as permitted by law;(bD to afD sums secured by t6is Securtty <br /> Instrnmen�And(c)any�cess to t�e person or persoas IEgally entiEled to[t <br /> � 21. Lten Priority. The ii�U emount secured by thts 5ecurity Instrument shall have the smne p�tority over any <br /> _ ...��'� other liens on the Property es 3f th�ti�11 en►ount had been dIsbiussd on tha date the initlal�At shal!IacI de ell . <br /> reg�tudlean of the ac,tual date of say disburseraeat.The mnowrt secw�x,1 by tiils Securhy <br /> din�ct payments by L4nder w Bmrower and all o1Ler loaa advences peanItted by 4his Security Instrument for eny <br /> '� ,� '` Purposs.Tdis lien prIority shall apply nocwIWstanding any SEate constttutton,law or regulatIon,ex�ept d►ai this _ <br /> . ^ , lien praarPty ahall noi affect the prioriy of any liens for unpaid Smi2 or local govemmental unit special as�essments <br /> - or taxes. <br /> � 4�. ' ZZ. Adjustable Rtte Fes�4urG Uader the Note,the initial�i�►terest rato of 5.9700%whtcb acaues _ <br /> on the uapaid pritta�pal balance("Initial Interest Rate")is subject W chmtge,as daszrIbed below.Whea the interost <br /> . . '-'=a rate chan$es, the new adjnsted interest tata will be app l i e d w t he w t a l o u't s t a n d i n g p r I n c i p a l b a l a n o=. E e c h <br />::�;.'"., adjustment to dia inte�est rate wiU be based upon the weekly average yield on Uaited States Treasnry Securlttcs <br />'��+_' `. adJusted w a constant maturtty of one year,as made avaitable by the F�eraY Reserve Board in StatistIcal Ralease <br /> a=';_�- <br /> _..�'{� H.IS(Sl9)("Iadex'�Pius a margin. If the Inde�c is ao tonger available,Lender wiU use as a aew tndex any indmc <br /> `��±�f'�� prescrlbed by ffie�eteuY. Leader wili give Fxr,��w�n�x af i2se ne��Iad�. . <br />��'�:�'*."���_ Lender will perfotm the calculations desc�bed below to detenniae the new adjusted interest rate.'!�a interest <br /> � rate may change an the fust day of .i[7NE.1499 .and on ❑ thet daY of enah sucoeedin8 Y� <br /> "°,'�°�� � the t'ttst day of esch succeedin8 aronth("Change Date")untif the loan is repaid in S�U. • <br /> - . L�f� 1�ta value of the Tndex will be determined,ushtig the most teceat Index figure available ti��rty(30)days befora <br />'";',�'� <br /> - the Change Date("Current Index`�.Befom each Chenge Date.the new intere.st rata wIU be caleulated by add�g e <br />=°`:��� margin to the Curren4 Sndax.'ihe sum of the mar�ia plus the Cur�eat Index w71 ba called tha"Catculeted Intee�est <br /> -.-;�'_� �a�•, Itaca" for es�h C�ange Date. 'Il�e Calculated Interest Rate will be compnred to the i+aterest rate in effecs <br />--= '��.�':�E't;;� �ediaroaly prIor to the curr�nt Chnnge Date(td�e°�CisUng Intaest Rate")• <br /> :��n�.f��Y:Y.���.:'� � (Annually Adjusdng Vadable Rate Featare)The Calculeted Interest ltate cannot be more than 2.M�o <br /> —.:i'�0�961R�'. <br /> _���.�� higher or lower thau the Existing Iaterest Rate,nor caa it be cnora than S.0%6igher or lawer thHn the Initdal <br /> -- -�--- � Interest Rate. <br /> --_ (!�{ (Monthty AdJusdng Variable Rate Feature)'11�e Caleulated Intenst Rate will nevar iacreasa above <br /> -`-'� FiFi'��N AND 970/1000 percent( IS.97000%� <br /> —= <br />