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<br /> ' � Ma!{.!i���l)!JMl1:1 li�L"Srl!!1 li����ii ��� �,�i��4�� �-_,,a,�---,n,T--- _ - -
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<br /> - _t` � (1 YeaeTP¢a5ltfV lndCX•RIIt�CeP�) _- :� - - -
<br /> � ..3. . ` June �� � -
<br /> " 'I'FII9ARl,II.I:iTA{���3IlA'1'13RI►lI�\{LI1111R(IRUtI4 1� ..��Yf1� .-._•-----"_!-..'--"-°-._.T_ . . ---.l9� ..r-z�� �' -F
<br /> � °.;",�• �� en�i la IncotporatCd iotS+�ni! du111 bn dr.cntni lc�amr,pd and eopPlcmcnt Ihc Marigngc, p�d at Trust, or Sccurity 1]ccd ld�a "Stcority _' �°� __
<br /> , . _ - ._ _
<br /> ,_,_. :., .-: - In.tstumsaC')a[t�q�rma dqtc�Ivcn M.r thn undcrs�qnr.d[ttcn"flquo�YCT°)���a��uro qorrow•cr'a Adju�tnbtc Ratc Notc phc"i�otc"1��R�+�Q , ,� -
<br /> � � �O�RAL 9 Vlal��.�t�:k�}��.��i r,��J�R�.���N�j.y.z'�tA+'�,I1�,,,,�,.E�RAEilfA(tlu "L.�iuler")af thc enms dotc ond rnvartt�g tho -� .,� -_
<br /> t--- -� prau:nv descdhrcl In Ihu S�.urttx[4guum�ne nnd tocntcd ut: �' �
<br /> �Y, :'N - .,� 21A lE1k�a7l��C� tlr.i.�r�� Grand Y�l�t�tcl, N� 6fi801 � _._.T . __ � `�`�•�_
<br /> -__ � _ ......... =o;.�:,t:;A�.t.een► ��'_- - - --- - -
<br /> __i�. ,. 7'hla uq�i cartivlan pmvtslonn alia�tap RV cAnnnn lu Ny Intere�l mte �nd my mos+thly . ' � �
<br /> _ -• pay�uanRr�TMa u�r.v al�►.Umik�ttro am�nn�Rnv IxO.vrcet sato c�n cdwaae al nny aae Iln�c end +
<br /> �� ` : � nIan thn minin�um anA firo mn�louun�utq 1 muAt pnY. . _
<br /> `.",:,..•. :r ._.,, An}tiff[AI'I.�L,COt��?�qN'f.�i. !n Rad!ti^�r��hn cnvoimnt9 nnd nsrccmcnta mucic In the SccuHtY Instrument,Harrowae nnd l.cndcr � '
<br /> ..,,-•---�--- ,
<br /> , . 1linhar covpnnr.tnix}t�r►'�as fril�����v: . , .
<br /> _ . ' �.i�
<br /> • �. IP1Th?�h..��'L�LA'�'k�AN5)!1tqNT{,II�Y 4'.A3 A6[:NT�lI�1NGl•:�
<br /> °• • '��e l�mn g�Y�tii�t�,�fc'v nn inUtnl iLJr,rest rnte oc_._...�. °Jo.Sr.etion 4 pf ihe NotC►+mvidts for chan;es In Ihe iaterest rate«nd tho , � ;`�
<br /> .`•.it;'S• monchlp paym��»4v,cu�o!(a�vs: .:�_.,''� .
<br /> • , _ ''"�'�. . : �'s�
<br /> ° • 4. INTER.£S�'D«9T6'�IN�AlONTIfI.YF;4YAfENTCNANGk'ti ��.'�•�• �.� ,
<br /> � (A) CQu►�aet'�ttea . ��'11`��� ���;-.
<br /> . Ju1 �g 92 nndonthmda.cti�ery ' �tl����' `
<br /> Tho intcrest tata!�viQ pe�Y n�u�y cli+inp�an th�(irst duy�f — �. � �� ' �>k,;;,ti��'`
<br /> ` twel�e ,.,__mcn�.Fh tt}m'eaft;r.f?ach datc on whirA rtU 9ntcrc�l ratc cauld chungc is c�iled n'•Chongc Dntc. �,�:`-��•�-,
<br /> . � (B) Tho Irrtoa . ;I�"i:;
<br /> • ylt.(,
<br /> " • t{cgin»)�,��vith thu first Channo lauta,m�interest rnte wiil be b�sed on an Indcx.The"Indcx"i9 tho wcekly ovc�n8o Ytcld on Unitcd States �,
<br /> � Trca4ury scc�iaiti;a ndJusted to n constant mnturity oP 1 yenr,na mndo nvwilable by the Fcdcrnl Re.gcrve BoArd.The most rcccnt Index f'i„�ur: -
<br /> � nvnUublo as o!'the dote AS doy�betore ench Change Dute Is collcd the•'Corrent Index." "
<br /> Ii tho Indox is no Io�Lxer avallable,the Noto Holder will choose a new index which le bued upon comptuoble InformaUon.ThC NOIC '�,�
<br /> , Haldcr wiU g{vc me nodcc af ihis cholce. � �:.
<br /> � (C) C�SculAtionotCt�ar.ges ''�•° `y"�
<br /> thxee and one/half ��. -
<br /> • HePorc each Chnngo pate.thc Notc tEolder will calculutc my ne�v intere�t rnto by ndding. -pen�enta�e , ,1'.;��.
<br /> _ ___ _ . �;�;= 3_� ¢��se��!A���r���c�nde�und rauudine to the ne�cc�t E i8th of 1�lo,subJect to thc Iimit9 statcd M Sccdon 4(D)beiow. � ;:.
<br /> - _-- -
<br /> 'f'hl9 roundcd nmount�Wil be my new interest ratc unUl the next Char�GC Datr. �
<br /> � Tho Note Halder will then dctennine tho amount of thc momhly p,ayment that would b,.sufticlent ta rcpny in full tha Drincipal 1 am
<br /> " --=--- .. exocctcd to owo on thut Change Dnte in aubvtonUally cqunl pnymcnts by Ihc maturlly dute nt my nc�v intcrest rmc.Tt:a result of thls calculntion •. ?
<br /> ....___ _=°---- '
<br /> _ _ - � . _
<br /> - � will b.^.the ncrr nmount oP my monthly paymcnt. I - .
<br /> . , (D) 41m11�an intetesl R�te Chnngcv 1 1 �a �o o� Icss than •+
<br /> Tho lnterest rnte 1 nm requircd ta pnY nt tha r,cs� ct�nnac D1to will not bo Rrcuter than .._._ • two pP.TCF'f1t � 1
<br /> � �-� %.Thereniter,my intcrc9i r�uc will never be incrcascd or dccrcascd on t►ny single Chnnge Dntc by morc tt�nn �
<br /> ,_____�_from the rnte of In�erest I Auve bcen payinp fu��he prcceding twclve months.Thc minimum intctcst ratc on this loun wip naver bo
<br /> °, icss thun 6 ?5 %and thc maximum Intcrc9t rate will ncvcr bc srcatrr�hnn �� °�o•
<br /> (F.) Ef(cetive pAte ot Chonqcs
<br /> � ' My new interest rate will become effective an each Change P1te.1 w•i91 pnY tho amaunt of my new montAty pavment boginning on the fizst
<br /> , ' °.,5;t,, monihly puymcnt date c+ftc�the Change Antc until tNe amoum af my m�nt4�ly payment chaages again. ; '�..'"•
<br /> 'lr"i� (E1 Natice ot Chwnges � •
<br /> -- ' ' . The Note Holde�wlll mail or deliver ta me a notice before eaeh Chan&e Oate.The nodce will advlsc m.,f:
<br /> (i) tho naw inicrest rnte on my ta�n ns of the Chrng�pntc; •
<br /> , , (U) thc nmount of my mon►Mly paymcnt faQowina tho Changc Uate;
<br />``�''• (ili) any ndditionnl mattcrs�vhich tha No10 Holdc�Is required to disclosc;and `
<br /> � (iv) thc nddress of Iho asscxi�tion vou could cnntact rc�a�dinB an_r•yucstlans uboui thc nd)ustmcnt nadca �
<br /> i
<br /> B. CHARCFS:I.I�:NS !
<br /> Uniform Covcnant 4 of the Sccurity 1 nstrument is nmcnded to rcad as(ollowi:
<br /> 4. Chargest l�ens.Boriowet shall pt►y nll tavcs.lssessments,und other cP_arF;c.Hne�,and Impc�sition�attributnblo ta the Prope�ty which moy i
<br /> � attaln n prio7isg ovcr thia Security instrument,and lcaschald paymcnts of grot:��rcnts,if any,in the mnnncr provided undcr pu�agraph 2 hcrcof i
<br /> �, .` � or,lf noc pa��in such manner,by Borrowrr mzking payment,whe�duc,direcdy to Ihe payee ihercoP.Borrowe�chall promplly lurnish Lender ,
<br /> nll nolices aE�maunts due sir.der this paragraph,and In the event Borrower shall mnke payment directly,Borrower ahull promptly fucnish to
<br /> L.ander�cceipts evidcncin$�u:h paymcnts. Borrower shnl) prampliy dischargc nny licn whlch has prlority aver thls Secu�ity Instrument;
<br /> howsver, Horrawer shall not be rcquircd to discharBc any aich licn cc. lonb a5 Borrawer: (a) shall agrce In�vriting ta the payment af the
<br />� . obHpatlon secured by such tien in Ihe manner nccepinble�o t.ender,(b)�hsll m guaJ faUh coniesl such Ucn hy,nr detend agamst enforcement v(
<br /> sueh Ilen in,legal proccedlnps which in Ihe opinian ol Lender operate to�-rc�c:st the cnforccmeN of the Ucn or forfeiwre of ihe Proper�y or any �
<br /> pa�t ihereof;or(C)shall secure from thc helder of such lirn an aFrccinem in a form satis(actory�o Lender subo�dinating auch Uen eo this
<br /> Sccurity Instrumeni.
<br /> If l.ender determines that all or any part a(the Propeny ia cubJect�o a llen which may auAin n priority ovcr ihis Security Insuumem,
<br /> Lcndcr shall givc Borrower a notice idcnrifyin�such licn. E�orrow•cr shall satisfy cuch Ucn or iakc onc ur morc of thc t+clions sct forth nbovc
<br /> within tcn days of thc giving of thc noticc.
<br /> C. NOTICE
<br /> UnlPorm Cavenunt 14 of the Security inserument is amended ic.read as follows:
<br /> 14. NoUce.Except for any no�ice required undcr oppHcable law to bc givcn in cmothcr mnnner,lal nny nodce to Barrowcr p�ovidcd for in IMc
<br /> i 5ecurl�y Instrumeni shnll de given by deflverinA it or by mailiag it by fint class mnil ta Norro�v�r nt ihe Properry Addres�or at such ather nddress
<br />. ' as Borrower moy designnte by noUce to Lender us provided herein,nnd Ib)any nodce io Lender shall be given Uy first class mall to L.ender's
<br /> address statcd hcrein or to such other address as 4cncicr may designatc by naUcc to Bor�owc�as pravidcd hcrcin.Any na�icc provldcJ for in ihi�
<br /> 1 Security Instrument shall be dcemcd to have bcen givcn lo Hatrower or I.endc�whcn givcn in Ihe manncr dcsignalcd hercin.
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