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<br /> �; ' , . �� Ap�U��'ABL�,RATE.�XDER �
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<br /> ' T�Itc I�A.�l�S':Nt�T P�SuUI44!!�LE�`I'HO.IJT T��APA�OV�►T'(lR� `,, . --_
<br /> __� , DEPARTMENT.O�?VET�RANS'A�'AIRS O�TfS AUTHORi�ED�AtiEN'�,��'_ � ._
<br /> TN19�D1USTABI.fiRAT6�IpARism�do�hla llth d�yof
<br /> !iu0u� al, �g93 � nnd la incorporotcd into and ahall be deenied to amend and supplemeni�
<br /> the Ftortg+go,�Deed ot 'ttu;t or Sewdty Dccd ("Sceurity lnswment") of che sam: deto given by �la undersignc4l'
<br /> ('Borrower')ro ucure DorcowerB Noto('Notery w
<br /> —�J I�PCNt&US l6AERilL 13a�V161b8 6DdFR
<br /> . - (tM•I.cnder")of the samo daro wd curering tAe pcopeny d&uri0cd io Ne Secwiry[asaument aad loca�ed nr. : -
<br /> ORMDBIBL�D DNS��68801 . .._
<br /> cAOanr na,�c,s>
<br /> TFI6 N0T6 CONTAIN9 PROVISIONB ALLOWING FAR CHANUE9 IN TNS
<br /> INTBliFSf pATE AND TIIIi M1tONTflLY PAYMENT TIiE NOTE LIid17'S Tti6
<br /> AMOUNT THE BORROWER'81N7'ERFST RATI:CAN C[IANCE AT ANY ONE TIME -
<br /> — AND Tii6 MAXIMUM MTE TIIS BORRO�V�R�1S1ST PAV.
<br /> --
<br /> -_�•�— ADDITIONAL COVENANTS. In additian w �he covenavts nnd agreemcmn made in �he Sceurity lostnemant,
<br /> �-'�� aorrowe�amd i.ender iunher eo��cnTni nnd agac m iuilu�n: � -°� --
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<br /> -��_:�QA i`"1"ERISTRATQANDMONTHLYPAYMENTCHANOES
<br /> ,� ��� tA) Change DaG: ` `�
<br /> The intercs�rate may change on the flnt day of ,1anU9rY 1, 1995 .and�hal d.ry of wch suceeedfng ytar.
<br />-=�`t��:� "Change Dale"means each Jote on ahich�he imercs�mw could ehonga -
<br /> �r�^ —
<br /> .�-�� (0) Thc Indez �� - "
<br /> '�'�`P� Uc Innin with thc first Chan c Datc,thc imcrcs�ratc wlll bc ba+ed an an Index. 'Index`mcans llte wcekl nvem c 6+�-
<br />�;t!'y;k�h� R S 6 Y s
<br /> :::.:J,•r:; yfeld on Unhed Simes 7hacury Securiiies ndJus�ed to o consmm mmuriry of one year,ns made nvallable by the I'�edern7 �;���.�-
<br /> ��'�t� Rexn�c 8avd. 'CWmnl Index means ihe mosi recen�Index figare available 30 days bcforc�he Change Da�o. If�he InAcx � � `
<br /> ' . (os defined alwrc)is no langer availa6le.Lender«�ill uu ac a nea�Index any index pmscribed by the Deparin:enl of Velerons �S •
<br /> " � =
<br /> r.riA�{%, Affnirs. Lender�cill gire Uovo�ver notice uf�hr new Indtx. g'£�;..'..
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<br /> -�s.��._�� (C> (adculatlonoilntereatltmeChnnges F �(.:
<br /> *� `4�. Defnre cach Changc Dale.Lendrr mill rnlculme n nw imerexi rale 6y udding n margin of E ,:
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<br /> s,S ��` Txo pereemage poinis [���,� �.
<br />�':�/{:�i„� < 2.0000`k)to�he curtenl InAa and reunJing ihe wm to�he ncarcs�one-cighth of one percenu�ge poinl(0.125%). ��„�a,�-.
<br /> r'.k Subjeci m�he limits smted in Para�raph(D)of ihix RiJer,this rnunded amuum u�ill M ihe new intemst raie umil tlu nex� _
<br /> �"• Change Datc. �
<br /> t $�+'t �� r_.,'
<br /> `�, �f}' Yi i .
<br /> (D) Limits on[nterest Ratc ChanFes ���z .;
<br /> ' �li; 77ie in�ercsl mte will nerer increase or Jtctca.e Fy man� �han nne percemage puinl (IA'.-7� on any single {i ..
<br /> "�a�L� Change Da�e. The interz.�n�e aill nr��er Ix mnre ihan fire�rrcentage pnintc($_U 41 higher or lo�rer�han�he inilial imere+t �7�'_'��
<br /> -t�:= rala �/ .
<br /> � ,�
<br /> � ;.�� (E) Cnlculntion of Po��mcN ChanRe rrF�,��-
<br /> If the imere<�r.nr rhanges on a Change Rar. Lecder�aill calcula�e Ihe amnunl uf momhly paymem of principal and �
<br />- inlere.t whirh wou1J be neccssary�u repay Ihe unpaid prinaip:d balanre in full a�Ihe mamri�}�date m Ihe riew iNCres�rate t��t' -�
<br /> lhrouth suhsmmially equal pa)nums. In makinF auch caka'.ri:c Is�Wer�cill u�e ihe unpaiJ principal balance���hich acut.l . .
<br /> - be orreJ on the Change Dale if Ih:re haA Men no defauli in p:nrtrcnl un Ihe Kote,rttluceJ by �he amoum of any prepaymrma
<br /> -- �o principal. Thc rcsull of Ihis calculalinn.sill M•Ihc amnum n(�hc ne�r monthl��paymrnt n(principal and imcra�. ,.
<br /> � `' (F) NoHceotChangcs
<br /> Lender will give notice l0 6ottoarr o!any change in the inicrcsl rale and monlhly payment amounl. The r.ntice mua
<br />. ry�,,,_•.: be givcn a1 Icaa 25 daya M(urc Ihc ncw momhiy paymcm amouN is due. and mua se1 futth (i) thC datc uf lhe r.aKe. �
<br /> . �,`;':_ (ii)Ihc Cliange Daic. (iii) Ihe uld imercs� ra�e.lirl thc ncw intcrc.� rne. Ir) the new�montlJy paymem amuum. :vi) thc , .
<br /> .. Curtcnl InJex and lhc date i� �ras publishcJ.(�iil �he mc�hoJ o(ralcula�ing �he rhangc in mmnhly paynunt amoum,and
<br />.. (eiii)any olhcr infomiaiion o�hich may M rcyuircd by laa(rom timc lu lime - .
<br /> .. � VNAUluslaloAtlN51a0bRatoAiEer �PoxN.•/1n�rm . a,"��M�a,�,,,�,ro�.H�T• �,�� � .
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