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<br /> 647 SWAN LANE GRA1�D ISLAliD tiEBAASPJI 68f301
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<br /> A. IN't'�f RAT6 AND NQI�iI'�.Y�AYI�'r1V'S QIANC�B : •� � • `'• �,, ;;;�` ,
<br /> 'iha Ntae t�ov�da ra,n iMei�l+uur.rt�te nr S=(� .��li.ae�tio.�ar W.t�toa aov�+to.:�h..ra�h xa��atlr.st rp:•+NW I�N
<br /> � � 'monthlY�riaa�q��uifi�9lo�s ;� �-: . ' ,;;,:•�',%,.
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<br /> • 1. ,IN'J�BRBS�'RA'I�ANDMON71f14�•PAYAl6KfCNANQBS '. . . . . , . :. ` .-
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<br /> . � Tn.mce�acr.c.twwp�ym.y�tun�e on�neru:tapy ot �A�G'�MBER . . �19 �96 �,a�on ra.ed�rev�y �'
<br /> 12 m011H1t tl�etellft�r.6�Ch dNe Ou whkb Ary I�NO�at aU0 could Cbwo�e u ealbd a'•Chan`e D�le�••
<br /> (�1 '['M IM�t
<br /> 8r/inpin=whb 1be Mt G"hm�o Dato�my inta�t nte w1Y be buod on�u ladwc.The"1Ma�c"b the�reekty av�a�e yldd oa Uaitad StRta
<br /> 7Yawry�curiNa wdJwted to�ooaaaat muurity of 1 yau�a�m�de Rvail�ble by the Fedaal RMwe 8o�rd,Tlw mou nant Inda flWn
<br /> �v�it�bka�otthed�le4S d�ys befanach Ch�n�eD�te b caUd tLe"Curra►t Indmc.•�
<br /> It tb todut D ao lon�er wa11�bM�tlr Na1t Hold�NiN dwae�iMw Indat+hkh d b�Md upoa coaparable iotatsallo�.77M Nalt
<br /> i1WOR wW�iw mi noNo�otthN choic�.
<br /> (Q �1Ya1r1wM��MM 'Ii�IB /UiD �IiE—i�AI,F
<br /> M/on web Chmp Du��t6�Nou Holder wIQ calcul�u my new interat nte bY add�W O�uM
<br /> poinu 4 2,.y �I�i)to the Curnat lnda�nd�ouadio�to�he narat t/&h ot Ib.�ubJ�ct�o t4�Wdts wted in 9�elion�IN)b�ow'.
<br /> 7Li�roundd amount wiQ be my naw lataat nte unW the next Ch�nie D�te.
<br /> Tho Note Nolda wIU then detamine the�mcwnt of tMe mon�hly p�yment th�t would be wtficknt to rcpay In tuU We principd I�m
<br /> arcpea�d to owe on th�t Ctwnse Date In wb�aatW1Y eqwl p�ymenu by the muudty d�te at my naw interat rue.The raWt af tli4 ada�doa
<br /> wiU be tM aew�mount of my monthly p�yma�t.
<br /> (D) Uwib�wl�l�tWhClp��
<br /> The Interat rate 1 un requlrad to pay wt the fint Chan;e Date will not 6e Qrater th�n 7•� ��0� �
<br /> �.QQ yi.Therc�ftar,my Interat wte wlll naver bo incraxd or decra:ed on any sfn{le Chu�e Oate by more Ii�aa
<br /> �2�p�}_trom the nte of interat 1 h�ve ban p�ytnQ ior�he pnceding twelve month�.The minimum interat ate oa this loan will nevsr be
<br /> kp thw � QQ �and tho mucimum iatereu rate wlll naver be�raur ttuu� 10.00 �.
<br />__ tEl �reca�ea.uae�..�a
<br /> My new intaest rate will become effective on each Chan4e Daa.l will p�y the amount of my new monthly payment be�(nnin�on the fint
<br /> mont6ly p�yment date after the Chanee Date undl the�mount of my monthly payaiau ch�n�a aiain.
<br />- (� NoticeotChMe�
<br /> Tho Note Halder wlll mail or deliver to me a notice before each Chanae Date.7 fie notia wIB advise me of:
<br />� (i) the new interat nte on my lo4n as of the Change Date;
<br /> - (ii) the amount of my monthly payment Pollowfn4 the ChAnge Da[e;
<br />- (iU) �ay addidonal taatterr which the Note Holder is required to dieclose;and
<br /> - (iv) the�ddra�ot the auoclaUon you couW wntact re�ard{n4 any puaHons about the adjw�ment notia.
<br /> �. CHARGF3i LIENS
<br />- Uniform Covemnt 4 ot the Secudty Imtrument it omended to rmd os follows:
<br /> 4. C6u�at IJer,Botrower shall pay all twces,assessmenta,ond other chnrQa,lina,and impositions attribuuble to the Propeny which may
<br />= atteln e ptiority over�his Security Instrument,and leatehold ry�ymcnts af¢round rents,if rny,in IDe wwmci providcd under paraQraph 2 hercof -
<br />- or,if not pdd in such m�nner,by Borrower m�kin�payment,whon due,directly to the paya thereoL Borrower ah�ll promptly furnbh Lender
<br /> vl notlaa of amounu due under thfc paraaraph,und in the event Borrower shell make payment dircetly,Borcower sh�ll promptly turnish to
<br />� Lenda roaipu avidencina�uch paymenu. Borrower ahail promptly dischar4e any Ifen which hos prbrity over this Savrity Instnunenr,
<br />= howover.Borrower�hall not be requfrcd to dluharQe uny such Ilen so lona as Borrower:(4)ahall agree In wri�in�to the p�yment of the
<br />— obllpdon�ecured by tuch Nen In the monner acceptable to Lender;(b)ahdl in�ood fdth contat such lien by.or defend�airot enforcement of
<br /> �uch Ilen ie,lesal praoetdin�which in the opinlon oi Lender operate to pravem the enfurcemrnt of�he lien or forkiture of t6e Propeny or any _.
<br /> put.thereof, w(c)r6W:ecuro fwm the holder of wch lien�n aareement in a form satisi�ctory to l.ender subordimtin{sucA tlen�o th4
<br /> Seau�ity Imtrument.
<br /> It l.a�der determina tb�t all or any part of tMe Propeny is subjcet to a lien which may attain a pHoNty over this Security Instrumen�, _
<br /> Lender tiWl Qive Borcower�natia idenUfyinQ iuch 8en. Borrower shall sadsty auch lien or take one or morc o1 tne aMiau aec rone aoove
<br /> �vithln ten days ot the�ivin�of the notice. -
<br /> � C. MOTlCE -
<br />-- Unftarm Covenaat U of the 5avrity lmtrument u amended to read e�follows;
<br /> � U. Notloe.Exeept for any nc�tia requircd under appllcable lew to be given in another manner,(a)any notice to Borrower provided tor in this
<br /> - 5ecurity In�trument ehall be�iven by delive�ing it or by mailing N by tirst cla�s mafl to Borcower at the Property Address or at�ucb other eddress -
<br />- n��orcower moy drslanate by notia to Lender as provided haein,ond Ib)any notice to Lender ahail be eiven by flrst class mail to Lmder's
<br /> -� addreu stated herein ar to iuch mher address as Lender may deaignate by noNce to Borrower as provided herein.Any notke provided ior in this
<br /> Secudty lnntummt�halll be deemed to have ban�ivrn w Borrower ar Lender when ylven in 1he mpnner designeted herein.
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