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<br /> ` 'f HE MOtE CONi'AM�IS PAOVl�qN�AU.OM�lO fall'`,CEW�Mlt R�M'IHIEST AA�E` . � .
<br /> . � . , s AND.1'�iE MONTt1�.X PA1ffiAEIIIT.THE NOT�I.IMIT�THE�1MOIN�IY'1'1N��OIp1UWEl�� , .
<br /> . . ...AQ�IUMA�NrTB1�T RA1'E_C/1N CH111�qE A�ANY ONE TMI�AND Tt�c MikXM�M , ' .
<br /> � � WITE'ft��MU�1'*A►Y.THElIIQTlALSOCOI�tAM�TI�EO�itONT�CONVHET ; � .
<br /> � � �� .THE AOWStAa1.E RI1TE TO/4 HXED RATE, � � . - � `
<br /> , ... << _ � _ . � .
<br /> . �9D1T1Q1Yi�4 S?O'V£NAN'!'S:le sddi�to Hra cova�sets`an�d s�reea�nas!na�1e ia ihe Secrrih►��•. ' -
<br /> • ' Boc��ror snd I�ender furtber aa�aau�t an�qra�s followst_ . : . . �
<br /> . . � A.'ADIUSTAflE�AT6 ANO M�NTHbY fAYMENT QIANGtS � � ' . ' . .
<br /> 'Yfie Nvee pravlda for#A intW�i inucat tue ot' . �: �.SOOQ. �fr.The Nate povides tor¢bao�a
<br />' --- in the adJo}table iptaat t�te�and the moathly P�Ymenls.at fdlows: '
<br /> : . - -
<br /> - - �� - - - • - -
<br /> �. ApJUgTAg1,E INTBREST RA?E ANU MON'[iiLY PAYMENT.C�ANCFS
<br /> - tA) Aau�se U�ta ' � , �
<br /> Tbe�djustable interat rste 1�►ill psy may cMr+se oa the tirst dsy o! Jnly
<br /> . 19 94 .�oa tl�t da�►avary►IZth month thadita.E�efi date aa which mY bju�k tntaat ruecauW disnae
<br /> - 1s s�lkd a•�Cl�anse pate,•• . .
<br /> ts) YMe t�/a
<br /> ° Sesinnins aith the#i[st�han�e Date.my uljusta6te inteteg►at�w�lt be Msed oa an ladat.Tfie"tt�dac"is the
<br /> � vir�eicly sraate yidd an United Sutes Treasury secudtia acljoNed ta a�nsant mswdty of f yeu.as made ivdlabk
<br /> � by the Federal Reserve Boud.The most recent lndex t�ure svaib�ble as oi the date 4S dsn beiae aeA Chinse Oste � _
<br /> is atlkd the"Cutrent Index." '
<br /> If the lndac is na lonjer svailabte.the,Note Holder will choose s new iadac whkh is based apon conrp�rabk. _,.._-
<br /> � informati0�.The Note Holder wiil give me�oUce of this chotce. � � r�_-
<br /> �:.._
<br /> � (C).Gkrutb�ot tiu�a . ' "-_=_�--
<br /> Betore ach Cbaa�e Oate.the�Note Holder will calcvlste my new interat tate by addint �=.-,-_.
<br /> � 2.7500 peroents�e poleu E Y.7500 Xr)to the Curnat tnde��. �'�_=_
<br /> ;,':___ The Note Hotd�vvi11 then cound the resuh ot thb addidon to the narat om�dihtl�o�one paanta�e O�t(0.12S9i)• � -i;_a,
<br /> -,:�-•�-. ..._. .
<br /> _ �"'"' : SubjeA to the llmtts ststed in Sation 4(0)below.thls�oanded amount will be my new interat nte uatil the aact -
<br /> _ C y.• ,:�, „ �a_;i'i-;,-.
<br /> �;::i:_�_��:..: CG�IIj!�lIC. (p . . . ,.
<br /> The Note Hofde�wlll thrn determtne the amoupt of the montl�Iy p�yment thtt would 6e:nfticiaat to tepsy the ��r':y�
<br /> ;..-:..���.: � ..
<br /> -{.._. - �
<br /> •..�=;-. unpaid prisrcipt that 1 am e�pected to owe�t the Chsnse Due M tuQ vn the matudty date at my�r intaat rate _�.•:�_
<br /> �:;s� �; ia iabstmthH�►�Wual psyments.Tba rmult ot this caleulatlon will be the new amount oi m�►nwntlar P�l�� `.sn.�'_-
<br /> - ' tD)UaiW or IMterat�tbte t�a�a .. �,`: .:-
<br /> �..�..�� : 6.5000 � • :,_�-__
<br /> 'y;;;:.`,;'�: The intaa`t nte 1�m����ed to paY at the 8rat Chan=e Oste wlll not be�te�thar� . .
<br /> ::�:-�: .� or lessthtn �'fi.'1'heradtcr,my adjustabk intereat ate witt never be inawsed orQecreaed -
<br /> '!�: �":. on any sin:te Chanje Date by morc�han 1wo percentage pointa tZ��'1�)from the�te�o�t�i�terat 1 hive bem p��in�
<br /> - t:�" ' for thr ptecedln:tt monihs.My Interat rate will never be sre�ter thm !6.whtch b alted . .
<br /> `��;�;�''�� �. ;�. tMe"Muimum Rate". . ' � .
<br /> ' "s�::�'��• -- (�Eltectlre Ifale ot CMrn�a � .
<br /> a'9��;N-
<br /> �''� - • �� My new interest rate�r1ll become etfective on cach Chan=e Date.t will pay the smount ot my new monthly p�ynrcn�
<br /> nrc
<br /> I...a�.l ' 4' . il
<br />_'� �;�.����. be�in�n�vn ihe tirat monthly psyment date atter Uie Chanje�ue until the imount of my monthty psyment ch�n�es � :
<br /> ,s .. �.........
<br /> � :a}:°;� . aaain. . - -
<br /> -— .(F�Notkc af Clui�a •
<br /> ; The Note Holder.rill deliver or mail tv me a noNce ef aey chan�e�in m�r adjustable intereat rate and the amount �•
<br /> -� �� of tny moathly psyment 6efure the etfective date af any chanae.The notice wi111nelutk ioformation requiad try law
<br />. �' �i to be=ive+rme and sttsu the titk and tetephone number ot e ptrson w6o will answer any question 1 msy hsve reprdins ,•.•
<br /> - --- the notka.` .
<br /> - d. F1XLb�INT�ttLST RATE�P7'10N � ' � . �.:
<br /> � - Tha Nwe providet tor tbe�ouoarer'�option lo eonvert[ram an adjustable ieterat.�ate a�ith interesi�ste Itmits '
<br /> -- to a tixed intere�nte.�rono�: ��-:��:._
<br /> - ' S. FIJI�U INTERBSI'1tATE CONVBIiStON UPTION i . . ...
<br /> � .
<br /> _� � lA3 OV1ius to Ca��ett to i'ixd Rste " �
<br /> _ ' !h�va a Conversloa Optton�hat I caa exercise unlas 1 am in detanh vr Ihb Sectioo,!(A)will net pem�it me. ' �, � �
<br /> -�` __ ._ co do=o.The"Conveaion Optjon"i�mY oW1on to conver►the Mteatt ate 1 am required ta P�y bY�his Note from
<br /> -:.�._,�.�_...�.�.� -- � .
<br /> �an adjit��bt�f�tE�ilh-Interat�ate�tts tv tf�e�ixed tatt cafcntate�under,Seee�OSS�By-�daxr•- - - -- ., -... _ = �--�=�---
<br /> - '1'tie coqverston cu�onty tslce piace on a d�te(a)spe¢itkd by the Note Hotder durins�he pedod bctln�n�on �
<br /> � � tl�e tlrs�Ch�nte 1)ate si�d en�nj on the fifth Ch�n=e Date.F.�ch due on whkh my�djuatabk interat ate qn conven � � �
<br /> • � to the new tixpl rate b alkd the"Convanicrr I7ate." , . . , . � ��. _
<br /> • Mw.�i►n iiorusTiuts iu�rt�adr-��es-sr�o�.so+aw-F.�.M..u���� , �a�u nm .. '
<br /> - � � �.....«.. • .�.�..erfeunreew�s.nt�lfllrao.uoo�si�ri!t . ` �� . . .
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