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<br /> .�e�a�oorva•aa wo..a�u uo a.a�a�o.e�+ea.nu a�o�a�a��Maww,u..a or t�a,a a�a,�xr.w.e�a�. "s�a��r
<br /> Iw�u•')ot t��as�d�i�ftvw�M�tlN undRdind(tlw•�eoeo�ra•�)a�w�/aro�wr's A4JuwbM�at�Nofe tW�•[Nat���1 W�
<br /> RlO�RAL MNIiDi�LOAN A�iOCIATIOM Oir OMND IiLANO.�ElIIAlKA l�At•'l�der�•)of Ilw aaM dM��aA o�rwr�M W
<br /> pcap�rq dNaib�d W 1M 8rarcity larttwamt�ad Io�Ud�t:
<br /> -�----��-�-- --- 10(19 E. Nebraeke Avenue� Grend Is�eed. td� fiA801
<br /> (Prooeny�ddrcar)
<br /> '11U MM co�q�ht M+�MMr �towi�t/a eMi� Y�v IsMM hM Mi �7�MYd►
<br /> M��wb.1'rl���Ynlls Ib�rt�11tUr�t nw a�eMi�d Mq'�tl■��M
<br /> NN IM�I�w�MA IMe�w nqe 1�MI Np.
<br /> ALIDITIONAI.CAVBNAN7'S.la�ddidon w the coveorou�nd at�eemena m�de ia ibe Sauriey laarm�e+oi.Baroxa�ad I�aaA�r
<br /> Ilutbaoo�v�nt�ad�paew[allo�vi:
<br /> A. IN1E�4T RA'fB AND IHON771LY PAYMENT CHANGFS
<br /> 7fie Nate provJde�Rx w iaiN�l Intaeu rate of 5•0 9U.Sallon A of Ibs Noto provldes for cJwua ia Ua Waat nte aad t6�
<br /> muu�hlY PRY�f�Iu1 folbrt: '
<br /> ---- 1. INTEREST RATE AND MON�1`�LY PAYM�NT CHANGES �
<br /> .;� MI �'`��
<br /> 71ie iaterat nto 1 wil)PaY rtwy chan�e on the Grat cWY oP AUgqet ,19 94 .�ad oa lhat day arery
<br /> 12 months theroaiter.E�ch date oa whieh my interat rate conld cFun�e u calkd a"Chan�e Drte.••
<br /> - (�) 7tie IMex
<br /> -- , Be�inn(ng with t6e f3rst Chonyc Date,i�iy fntcrest ratc wiU be based on on Index.The"IndGC"is thc wakly avera�e yidd on United Stata
<br /> - - 7Te�ury securida adJusted to a cons�ant maludiy ot 1 year,as nwde avail�bk by the Fadaal Reserve Boud.Tne mat reoent Indefc fijure
<br />�''�� availabk s af tbe d�►te15 drqn betore each Chan�e Date is callcd the"Curreat Indac."
<br /> _ It lhe lnda�ic ao lon�eer avaUable.1he Note Holder will choae a new luda�c wbich b ba�ed upou compsuable iafonnufon.Tha IVote
<br /> - Flolder will�ive me nadce ot thli chala.
<br />`-` (c� csk�4qa�o[c� Two and 4ne Half
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<br /> -------`-- � Befora ach Gffa�e Qate�tht Note Hotder w!U plculate my new Intera[nle bY addlni PeRenaLe
<br /> •� potnu„ 2•5_,. _�lb)ro the Cunent lndac�d roundinQ to the narat 1/Bth of 1�4,abJat to the Ihnita wued tn Soction�1(D)bdov.
<br /> } • This�ounded amoynl vili be my aew interat rale until the next Change Date.
<br />_ " .� L- !':.�a TAe Note Hokkr wiU then detennine the amount ot the monthlY paymen►ttut would be sufficicnt a repay io fuN the principal t iun
<br />-� , espected to owe on thu ChanQe Date in sulntanHally epual paymenu by the matur(ty di�e u my aew interest ratc.The rdult of tt�:a::a!»�css
<br /> •={U�'� rv1U be the ne�v amount of my monthly payment.
<br /> .
<br /> - ". .r r�•„�; ` i,: (D1 Uola o�I�tenN Wu(�
<br /> ��.,��. 'fh interect ra�e 1 am requiral Io pay at cht fir�t Change Orde will not be Qreater �han �'� 9i�1w�las than
<br /> ��.�j,�vr�x�' 3•� 'h.7'hereafter,my iaterest rate will never be increa.xd or decreueci on nny clnQle Changc Daic by more thnn
<br /> •,.,;•-. �.;•:,: 2.0�
<br />� . ,;�., from tAc ratc of intcrest 1 have bcen paying fo�the preceding tweire momhs.The minimum imerest ratc on thic loan will nova be
<br /> _ A"�',,'•;
<br /> ���;;var+'�cuia__;' Iw th�n 3•0 qi and the mwdmum fnterat rate wili naver be�rcater�han 10.0 �.
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<br /> ' �+r�l :f!�:��ra�,..�.'w.�r. � (E) �ffecd�C Dd!of Clull�es
<br /> ������a� =�•R-.� My new intcieat nte wfll become effoctiveo�pcA iChanae Date.l will pay�h¢amoun�of my new momhly payment be�innin6 on the firot
<br /> ��^* : °. t�:: ., mont6lY payment dste dtcv�he Chan�e Da�a unai ihe unount of my monthlY paymen�ehanQa aQafn.
<br />, `.• ,•� cFl notloe or ai..�a
<br /> "4`"" ` ' The Notc Hdder will mail or deliver to me a notia beiore wch Chan4e Da1e.The notke will advise me of:
<br /> ,�,y�;�r:i` . �, (i) �he now intaesl rate on my loan as of the Change Date;
<br /> • � �• {ii) the amaunt of my monthly paymrnt iollowfng the Change DAte;
<br /> ;,�' ' � � �;:�'{`. (Ni) any addiUonal mattcrs which the Note Holder is requfrcd to diselose;ond
<br /> • "' i�"" qv) the addras oi the axaiWion you rnuld contact re�ardlnQ any quations aboul ehe adjustment notix.
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<br /> ''�'°"'i��,� : Y. CHARGF�i:LIENS
<br />_'r"i ,)�"'���ry� �,� `"'' UNform Covensnt 1 otthe Secudry Instrument is amended to read as follows:
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<br /> �'� • � ' • 1.CYu�a;Uers.Bortower shall pay all taxa,auasments,and other chtuges,fines,and impositions attNbutable to the Propmy which may
<br /> .^,'•.�y�r.R�`�-`u,�s,:':' u�in a prtority over this Security Instrumrnt,and lasehold paymrnis of ground rcnts,ff c�ny,in fhe manner provided under paragraph 2 hercof
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<br />� , �C.;<��lt"•?:'! ,t�� a,if not patd in such manner.by Borrower making payment,when due,directly to the payee thmwf.Borrower slull promptly turnish t,endcr
<br /> ,;, ,�? ;�''�� • • � dl nodces oi amoums due under this par�raph,and In the evmt Norrow•cr shall make payment directly,Bortower shall prompNy furnish to :
<br /> e�= "'i."' ' ,�" Lender reeeipts rvidencing such payments. Bortower ahail promptly discharge any litn whieh has priority over thic SeeuNty Inatrument; `
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<br /> Iwwever. Borcowxr sfial)not bc required to discharge nny such lien so long as Bonower:(n)ahall qgrte fn wrlling to ihe pYyment of the
<br /> �r"+�� ��'��-�' ''• obligaUon securcd by such�ien in the manner acc tabk to Lender:lb)shall fn gaad fai�h contest euch lirn by,or defend
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<br /> ,• ep aQalnst enforcemcm of
<br /> ;,;4 :<,;_.�,,.;,. .;'.... � wch iien{n,leyai procculings which Pn dir opinfon of Lander operate to prevem IFie entorcement af the lien or Porldture of the Property or ony
<br /> i�,�;r�i. ry a;•�.o:�::: '• p�����or(c)ahtll utvte Gom the hotder oi such lien an a reemene in a form saUafacto to Lender aubordhwtt such lien to�his
<br /> �st,� B �3' �Y
<br />`�..�iu .�,. . 5ecurity Ipslruta¢at.
<br /> ?.�r;�, ' �"l'" ' If Lendet detecmines that all or any part of th�Property is subJect to a liar which may attain a priority orer this Security Instrument,
<br /> ;� , i.ciwcr snaii�i•c ovrnrwa�nuiKC iurniiiying aucn iicn. uorrower snaii sa�isiy sucn iien or iate one or marc ot«�e ae[ions set tortn sbovQ r
<br /> - .�•����. ' +�ithin tm days of the�Ivin�of the notice.
<br /> i ~�•`�`;,�,i• `��.': C. N07'ICE
<br /> :►�.�e. '^����� ,
<br /> �.�c,- � c UNfortn Covenant 14 of the 5ecuriry Instrument is amended to rcad at iollows:
<br /> " �? ..�� �• 1�. NWice.Ex�Ypt for�ny notia requireJ under applicable I�w to be 4iven In anMher manner.�a)any notia to Borrower provlded for in thls
<br /> •--i�RtA9ft�i`�,•�','�.t', ;" '
<br /> ��a•;�,���:� Security InauumnN shdl be�iven by deliverina I�or by mailfn�It by fint clw md�to Borrown at the Property Address or o�such o�her addras �
<br /> =���„,„+,-�, u Borcower tn�y desipute by notice to Lender u provided haefn,and(b)�ny notia to Lender sholl be Qivrn by first clw mail to Lenda's �
<br /> -wt��`�f"�'� Y�flSS ftated herefn or to auch other addrcsa as Lcnder moy desigmte by naice to Borrower w provided hereln.My notice provided for in this �
<br /> • „�.., �.'l�i..�i ��ry Irotnuaau gh�U be deemed to httve been vcn to Borrower or Lrnder wAen
<br />- i .'ri-`.`=-��.., ` ti �fven iathe m�onerdai�utcdherein.
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