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<br /> •� 4� TNIS A!?11197'RI�11.ti ItATti IillatiEi I�mndcU�l�. 1Q��t dciy ot .�.--------- 1unC�---------------�11i����_, � _ _
<br /> - - and Is lnrorporntcd Inta and ehall be ciccmccf to anccnd und siapplt•mcnt�Uo M��rt�yagc, R�;,�1 oP 'I�ruu�,or SceuritU lk�xl Ut1p"f�tci+rlly �i ^� -
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<br /> ' �- -- ':- Instnin�cm"1 of ihc s�me dnto(tivrn by Ihr�mcirrsfe_�hd(tha"liortoti�•cr"1 tn ic�-ura t3arean�u'e AcllustnAts:ftste Nata(tho"R�r,n"!cn ��,���t ��---�=-
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<br /> _ _ ����,pa��e�as a�.o�,n�ns��tr���c�hti_aF e�a�aca�s�aw�.N�aA�►�NA(the"l.cnct;r") ol tt�F tamc dntn nnd covciinn Ihe � �..� .
<br /> - �_ � p:o�c�YdescYltxd 4n It►e Sc'curi�g Insuument nnd locat�d ar; E - �
<br /> _ � � ,
<br /> - -- t�218 i�tos� i-iw '3�_G�,nn�i_I,.l_�C��a.y hrca������FC1,j, ,.,�. . - `_ _
<br /> , ; ` � ° (Properlg Address) � r�'' ,�
<br /> Thla o�ta canlnd�� prorlxluna Rtlnwta� (or c��ngc� in my (utetrSl rutn and my atontRly � `������
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<br /> pnyme�ln.TAIe aato al�o Itml�s�ho nmonnl my totcec�t mt�caa cbenga wt sef ana tlina and ,
<br /> �tEO tAa mfnlmum aad�ho m;Winnm reta 1 mus�pey. �m •-, _ ,
<br /> ��.
<br /> AqI�1TIGINAI.COVGNANTS.In uddhian to thc wvcne�nts and ngmamcntE mnd�in thn Secodty Ineuuntcnt, Ilm�m�vc�anA l.cndcr '
<br /> -• fUnbcr wvenant and agrcc os fullmvs: . . _ .
<br /> '? A. IN'Pi:R�;t3'if RATE ANW MtDNT1aA.1f PAY�lC:N7'fMANGI� ' .
<br /> ; ,,�?,:,'' Thc Mata pmvldc�s fn�nn inidal Intcrest ratc af._._Q•2� ___._.�o.Scctlan 4 af tha Nnto prAVidi�s fur chnn�cs in Ihe Intcrat�occ nad tha •+•r:��=i�,,:
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<br /> i;�;� ��, muiqhip pcYmcnta,as folli��vg: �,.
<br /> -..�;.!.i.;;'.. ��;��i'� ,. 1 ;h*,•s:�'_
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<br /> :+`;:� ;',, 4. IN7�:'!tliS'PR:aT�ANAM4�N7'if,LYPAY-�1f�N1�C1f,a,��GES ; .� .;+-,
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<br /> ' • ,`�.�' (A) CBn.n�e AAitm '��
<br /> . The Intcrest rnto 1 tiv111 paY����+y�hnnge nn 0►c flrr,t dny of __.___..�_1i.t.�_aC._-.______._ .19$2.._.__.and on�hnt dny every ,, ` .R;�
<br /> � ' _�WE�Slf3 mnnth�thcrcaftcr.Hnch d��ta un h�hich x��Y i aterest nuc could chnngc is cnllcd A"Ch�ngc qato." �'�*
<br /> (B) T�e Indc� � ;�:4
<br />'. , ,� '�t Bcglnotng with�hc(i�Et ChanFc It::�o,my IIllC��t TqIC WtI)}fC tii45C(I JIl 0i1 IUIII'A.ThC��In�lcx"Is 1hc K�cckl��a►•artgc yietd on UnitcA Stntca � ,. , -
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<br /> ' �!' Trc.uury securiUc�adJusted t�a i�nsumt m�turscg:F 1 Year,e�.v nmdo nvnllabie by the Fedenl Reserve�o�rd.T�:mvri recent Index iigure
<br /> '� �'•`' avnilnblo ns of thc dntn 45 dnya btfuro cach Chan�c L�atc Is callcd�hc"Currcnt Indcx." � �
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<br /> •�;�.i If�hc lndcx Is no Inny;:r prtUnblc,thc Nata Holdcr wi0 chnasc u nc�v indCx which it Gescrf upon wtn�i:rnblc{ntomtatlon.Thc Notc 1
<br /> . ..:i Holdc�wlll piv.-me n��Qcc��f�his�hufn. i
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<br /> .'''' (Cl Ce��utoslon ot Ch�ug� ; � ��,��e �n[1 Cno hel f rcc�taSC � °. �
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<br /> .•�c�. 8ciatn c3ch�C,bnn�c�atc,thc Nulu Fi'idtltr.ti,ll-:�..aiSate mp new intcresf rn.c by ndding w. P�
<br /> i� `•,';:�; potnts(.....— a � _�o)to thc Currc�1 Inde�.nc4+nunding ta tAt ncarc��UA:h oi i�lo,subject to ihc Umits xt�tcd in Sectlon MU)hclow. � : �W
<br /> :.�,
<br /> 'I'fli�rounded amount will be my new intes�st rnto until the��e�c chnnAe�me. f— --�
<br /> � • � Tho N�to Holdcr will tittn determine the amnunt of tl�c mnnthly pnymeat thut would be suff'icient�o rcpny in full thc principn) 1 nm C •
<br /> , • �`• expcctcd ta owa an thnt Chang�Dute in suD�tnndrlly equnl pnymen�a by�he mnlurity dnta nt my new interest rutc.The result of thifi calculadon �
<br /> -- -:�:� ... _._..---.�.. �
<br /> i�.i wnt bc�hc nc�r�unvui�i u��07���.,�n��Sr�i;s:.:. .. . __. -
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<br /> r' ' lll� I.Im4u on ImcccR�[t4te 4hangc9 � ��.�r� �
<br /> , , Thc iNCresi rnte 1 am rr.quircd to pay ot Ihv first CRan6c Dntc will not bc grca�cr ihnr. _. �lo or Icsa �hnn } „ .
<br /> �.� ��o.Th:re:►hrr,my int�rest rate will never he incrr.lsed ar decreased an nny singlrChnnge l7ate Fv marc�hnn..�U10... 4
<br /> 7.•�1 irom the mte oP intorest I hnve been pay{np far�he}rccedin��w•elve months.Th:mimmnm Intercyt rato an this lottn wiU never bo i
<br /> Icss than 6_Z�___.__.°�b nnd thc mnximum inlorc�l rntc wip ncver bc grcatrr ehan�� °'o. �
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<br /> IF:) 4fPectivo Uatc of Ch�ngcs �
<br /> My new intarest rnic will bccome cffcctive on cach Chnngc Datc.1 will pny tfic amaunt af my ncw momhl�•paymcnt beglnninp on thc firs� 'r ,
<br /> manlhly pnymcnt dntc aftcr thc Chnnac[7ata until Ihc amoum of,:ny monthly paymcnt chnngc�a8uln. ' '
<br /> (�7 Nottce ut Changcs �
<br /> Thc Notc Holder wlll mail or deUvcr to me a�t ice bcl�are cach Chn�ge Pita Thc noUcc will advisa me o0':
<br /> � (i) tho nCw interest rnto on my lonn a��f ihr Chnnge Qntc; ' `
<br /> � • (ii) Iho amaun�of my monttdy pfl?rment foU��wing thc Changc Untc; � . �
<br /> x (fli) any adAltlonnl mattc�s whicl�the Note ltolder is rcqulrcd Io dicclosc;and
<br />, ' pv) Iho addross of ahe nssociadon you could comn.��egurding eny quesdnns nbnui the sdjuatment naice.
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<br /> � B. CNARCF�3l.lEN9 '
<br /> . Uniform Covenant 4 of thc 5ccurity lnsuumem is amenArd tv rrad ati follaws:
<br /> 4. ChYfRC9�LIlM19.B(1��O1YC�SF1ilII PAy AII lil%C9�usscssmcm>,�nd o�her characs,fincs,and impusition�nttribuc�ble to the Property whlch m:►y
<br /> � �un1n a priority ovcr this Sccurity InsUUmcn�,nnd Icacchold pA��mcnts of pround rents,lf nny,in the�nanner provided undcr paragmph 2 hercof
<br /> or,lf nni paid in such munnce,by Uarrowcr maGi-�9�y�ncnt,whcn duc,dlrcctly tn thc pnycc thcrcoP.Borro�vcr shall prompUy Purnish 4cnder
<br /> � nll natices of nmounts duc undcr thie p�rngraph.and�n ihc cvcnt Horrowcr shall makc puymcnt dirccily,Burraver sht►11 pramptly furnish ta
<br /> � _� Lender receipls evidencing such payments. Bo:rr��cr shall�+romptly di�chnrge��ny Iicn which has prioricp ��•ar this Security Instrument;
<br /> hmvevcr, Hurrowcr shall not bc ccq�dred to diachnrpc ar.y vuch lien so lan�as Borrotircr:ial shall nflrce in wriung ta the payment of Ihe
<br /> ` -' obtigatlon secured by such tie�in ehe manner nccep�nbic eo i ena�:th)she�ll in goi�.i iaiih.�nic-'.�u:+t II��bp,�r drirod a6:inst etsfararaent ot .
<br /> such lien in,Ieg�i proceedings«hich in ihr opinion of l.enda ope:a�e io prevent clie enforcemem o(the Ucn or furteituw of the Praperty ar nny
<br /> part thcrcoF,or tcl shall sccuro from thc holdcr oP+uch lirn an aKrccmcnt �n�furm snlis(uctory to Lcndc.subordinating such Ilen ta thia
<br /> Secu�ily Ineuumen�.
<br />' If Lender determines Ihat all or.��,y pan of lhe Propere> u subJctit io a Iirn which may anain a priority over itds 5ecurity Insitument,
<br /> • 4ender ehall ylve 9orrowcr n noiicc idcntifying such licn, lluiruwcr shall satisfy such lien or lake ane or morc af the actiom scl fotth abnve
<br /> wlthin ten days of lhc Qiving of thc no�icc.
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<br /> I C. NO'M'1('IF:
<br /> UNform C'ovcuant 14 af the ticcurity ln9uument is amendcd Ia rc;id a5 foUmvs:
<br />' I 10. Notlee.Czcept for any noUce reyuired under o{�plicablc law io be given in anather manner,(a)any notice to Horrower provided fnr m this
<br /> I SecuNty Instrumcro shall be pivcn by deU��ering it or by mniHng it by tirst class mail to Aorrowcr at ihe Nropcny Addrcss or ul cuch uihcr nddress
<br /> � as Borrowcr may deslgnatc by nadcc to I.cndcr as prnvidcd hcrcin,and(b)any naUcc to Lender shall be gi�en hy flrsl cl�ss mtfil ta l.cnJer'a
<br /> addres�etaied hereln or Ia such other nddress as Lender may de+iynatc hy noticr to Horrower as pror•ided herein.Any natice provided for in thie
<br /> , Securlly In�trumenl shall he deemed ta ha�•e becn gi��cn to Horroacr or Lendcr when given in Ihe rnanner de,ignated herein.
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