|
E� _ _ . _
<br /> ��JUSTABLE RA1'E RI�DER 93� 104•��
<br />. . . � ) (IYarTrnsnrylMa-RamCaps)
<br /> THI5.1I!IUSTABLERATERIDERi.+madetRis �5T myof JUNE ,�9 93 -
<br /> .. .. i. co�,x'.mea in�o and shall be Emnetl b cn✓.M wM svP➢lemmt @c Morigrgc. paeE of Twi. a Savri�Y �� (�M "SCUniY
<br /> � �� u :)c; ncdaoc5hmby�ncunGmiy.eephe^9ono-vv'�)v-,ucureBarmna'sntljusubleRimNqepAe•'NOte'�mHOME �
<br /> FEOEAAL SAV M1GS _LOAN ASSCIATION OF GRANO ISLAYD NE9RASKl1(ihe"f.a�Eer")o(thc ume dele er,d mveri�y tlie
<br /> pmpcny0nrnbrJ n . i [ 1 vc:mrn:a�Alxe[etlac
<br /> 2�3 mO4TH SHERmRN, GR0.ND ISLIIND NE 68803 =
<br /> (PmOmYMErasl _ —
<br /> TM1L note mnb!m prowlom �Ilow�oF !O/ aMqe le mI lalemi nY �vE m> manlM1i�
<br /> p�Ymeeb.tFis vale��v Ilmlb I�e�mooe�ml Inlemt nle m ch�e{e�1�q om Ilse�ed
<br /> •bolheNnlmom�M�trcmvlm�mntelmmlw>. �
<br /> ADDITIONAL COVENANf5. In aatli�ion w the covenann enE agrcem<nb made in Ihe Secvrity!mirvmmt,&,rtower and tendn -
<br /> ;urtM1Cr covcnant avd aqrtt az lollom:
<br /> A. INT£RF_4't RATE AtiD MONTHLY PAYMF.NT CNANGFS
<br /> The No�e C'�v dez for an"n enl mhrrn nm of 6.75 So.Sen�on C oi�he Nom prov�des(oe cMnga m ihe�ma at re�c�nd tM1e
<br /> monlhlyp ,.mlolloxs:
<br /> I. lh'T£RGSIRATEANDMOA'THLYPAYhfEh'TClfAh'G£S
<br /> (A) CM1mR<Mln
<br /> Thenceremtrlwllpavmay.h�nR�onth<frstGayof 111� V ,19.�i—,ar.dontM1e<dayaery �
<br /> 12 momlvtM1Crafkr.Fa<hCateonwhsM1mYin¢ratra�e<oulEChaoB�iealied�"ChenBCDete.••
<br /> 161 TFelu�Ja
<br /> &gn�npwinihefrs�CFanp<Uar-,mynmrarramwdlbebascdonanlnd�x.Thc"!nd<x' x�M1ewakiyavengey+<IdonL'nimES�atcs
<br /> '. amry sr.vn:es ad�mkd to a cons�ant matunty of i yaq as madc available by tM1e FMcnl Raerve Board.The most renm InEa fgurc
<br /> avviable as of eM1<tla¢Ci days baforc nah Ctunge Dele is caIIM tM1<"GLrtm[Index"
<br /> If th<Inaex s no;ongcr ava L bi< thc Nem Halder wi!I choose a new ndc�•vhich ie bazcd upon comparablc mformv�ion.ihe Nom �
<br /> !loltla will F�'e me nance of Ihis eM1Oice.
<br /> �C) Cvlivle0onofCXarzµa�
<br /> PforteacFChang^Dam,iFeNOtaHOlderwilicalalalemynewmea-s�ralobyaddingTHR�F RNp ONF-HGIF perttntage
<br /> �ima(��y__?o)lo tFe Currmt Inaex and mundinR�o the nearot V6th of 1^e,rvbjM�o�he limrts ste�cd m Section d�O)below.
<br /> TM1is ronndad amom�wil I be my new in�ern�rate un01�he nat ChanRe Da�e.
<br /> The Nme Holder wili IM1m determ ne tM1e amount of Ihe monthly paymrnt�M1a�would be mffnmt m repay in (ull lha 0�����Oal I am
<br /> exptt�M m owe on that CM1ange ba�e in substanhvy equal 0aymrnls by�M1e memri�y tla[e at my new intna�rem.The resull of Ihis raliviation
<br /> .;n c�m<.«�amo�m or�y mo�roi.paym���.
<br /> (D) Llmlbonln���slNeteChvnga
<br /> Th< ntvrevt rale 1 m. reyoirN to Oay a[ the �r2 Clange 6ett w'il m� be greamr tM1an 8.75 q or Irn thnn
<br /> G 95 r� TM1neaficr my nmrvtmeew�Ilnevttbmncreeudordecreaudonenye�ngleChengeDembymoref�an TIIfI
<br /> �Z.��fmn ifie ram o( nvrat I ha.e bttn qNnB for the PrecM nH tweivc monW 'ITe mm mum�nmrcst nte on�h�s loen will nner be
<br /> IastAm�_ 4,'/5 moand�hema��mumimera�nttw�linanbcgm(crthan=l .?5 r�,
<br /> (!') Ef[tttlrtDVleef@vogn
<br /> My new�n¢res�mm w 11 becom<etfm:ac on<ach Change Dete 1 will pay tM1C ameurt of my new monthly paymnn hginning on t�e first
<br /> montM1lypoY �-��dalee(¢r�heCM1argeDamunlillF.eamounlo(mymOn[FlyOaymentcF.wigyegun.
<br /> (Fl Noll<ealCM1en¢ea
<br /> TFc Notc Hmder will mail or O<I ver•o r.ne a no[ce befom eatl Chan6'��e TT<mf tt will aCv sc m[oL
<br /> p �Mnew merotra¢onmy�oanazoltheChangeDaro;
<br /> �ii) theamountofmymonth�ypaymmtfollowing�FeCLanRCDam;
<br />� ( ) anyatldilionalmav<rswM1leFtheNOt<HOlder'zre�uieCmdsc�os: end
<br /> (i.) iM1ead@asoftM1eazsoceuonyoumuldcontaztre5ertlingx�yquetionzaboinhvaG�m[mentnotitt.
<br /> 9. CNARGF4;IAF.NS
<br /> ❑nifurnCOr<nantiuftM1-�r ity�nsnumrnt!samrndadmrndm^oilows:
<br /> 4 @ar�n 1, nn 6omwcrxhallpayapiaxn,a. ..mmts,andotACrchargee,fna,nndim�qs�mnsannbulablNOG:ePmpcnyuM1icM1may
<br /> a¢ein a pr nr�y wcr�Ale Sttvr�y Inetmmmt anE leaeehcld pavmrn�e of gmund rtnte,if any,in�hc mmner p�ovided unEtt peognph 3�erm(
<br /> q if nm pa d-n mch manner.by 6orzower makinR WYmm�.wh<n duq Eirmtly to Ihe payee tFerroC Bortower ehdl DmmD��Y furni�h LenEtt
<br /> al.noticez of amovr�s du<under�M1in pemgnph,end n ehe evem 8orrower sM1all meke peymem drtttlly.Cortowrr ihall promO��Y fumbh�n
<br /> Lmder re� p. +iJencinR tuch paymmts Norrower zM1aV pmmptly dizcherge eny I en wM1'eM1 �a:pno"5 o r iM1 s $e�,:m ry �nrtrvm:n;
<br /> n�.�.�,, �urco.«.:n.,u �m x rrom,<a m aiecnare�eny eucn�m so ione ws ao.m.ar p)sner aarce in waa�a m me n•rmme ot me
<br /> onra=�m�tia,N er,�=n r��;,,,n�me���.,«m�ani�m c<�a�.,�e�,mm��eom ra�m�omri.��e u�„er.o�a�rme.e�mn<�ro,«mm��r
<br /> ��<er<�:i i., m�an�e, x�-n- n.ov������n.<<a«oM.ai<��n�=•���m«�m«<m��i,rm.i<�o�m,aim�«nn.>.o�,�r�.a�r
<br /> ��,:m.,��,r �� ¢��,wn :«��. r,om m�mm��,or.��n;<�a�.,x�«m�m m. m.m,a�,m�io.r�a ��m�,,�mm��e�me..��n e<� m�n„
<br /> .x ���yi<< .
<br /> � rt i.. i � ��,,,,'„« nar an n.,�r�ere or n�rvoncnr�•���ni�a ic a r��.�i ion m�r a«a n a o��o,�r o.e.m's snmi�r�narumen�.
<br /> �<�a�„i,�u ���n,,,ow«a�ar« ne�r�r�a,�<nr.�� eo«o.«.nau:ai;r>,��nr�„o�ua�o��o�mo��orm�,a;,�..�iro.m,eo�� -
<br /> din�n���a�r ri��l.�„eone<noun.
<br /> c. voncr:
<br /> u��m��nc,,..�. iaorio<s«�nyin,v mrn i,ememcam,�aee�tono.,:
<br /> :a. NoOo- r.rvr «�i�r��'ar<QUroJuwonoo��ceb�elawiobegvminanoinermunneq(a�enynoiae�o9orrowern�ovideoPoNninis
<br /> Sc-ui�yl �mmiehallbeqivenb�tldlvenngiorbpmai�ngi�by(rs�davmal11o9ormwvnilTaPmpenyAEdmsorelrva�oi�eraddme
<br /> o�liortow r mny Jttignam by nm'tt m 1 ender ai pmnJed Foc n xnG(b)any notcv m LenCer fAa�l be givm by fnl ciue mall to LrnCVi e
<br />(f aAJre. .rt.1F � .ucM1otleradtlres�asLendermeyticiguiehynol<em8mrowervspnvEedhernn Anino�cepm•�tletlforiniM1ie
<br />� 4cun�yl�: hnlll<deem<prola.eL�rneivrniolbrmwerorLenAerxM1Cneven�n�h�munn<rd<ienotM'+.rtin. I ..
<br /> 1 I ,,
<br /> C. J
<br />
|