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<br /> — : FHA MUL'C[b"f'AT�AQ.IUSTAB����AT��tIpER" �� � . - ---
<br /> � '' THIS ADlUSTABL�ltK(E RtDEft is madc thit. 3€�t�i a`'�'`',< - , da��f.
<br /> _ _— Se�tea�ber.. 199t � ar,d"us:.'st�.diit�ett+��+�N�Tf�`•_doemealtuantmxi.andtupptctnr�t
<br /> � We Maisa�:lJe�'b of'[i'ust a� Sa��ity,Qca! /'Security tnstnxtir►�:taAY!�aE�;tY�r,:�tv:d�tc givrn.�6y.thc u�xfe�sigts�xt
<br /> �"Bamxec'�od s+ec�saima►sr's l�tatc t'Nr�e')ta .
<br /> — CpE:E1M�US.FEDERAL SAtiIN&S BANK
<br />=�.i . ftha"l.e�t")�f:th:s�FS�eduean�rovc�ingthePr��Y,�ccit►:d'anAtr:.Scr�rityfn.strumcm��tc�ttrd�t:.
<br />=1%,� . , :3?.A�SOUTH PLUM
<br />�,��� � �� 6RANQ ISLASJA, N£ 6880f• � `--
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<br /> � ". �:�. 1�IQ'�'.CQ3�1TA1N9't't�OVY:i[(D11S.,A.i:L@tVlNtt: Rt�11��l.71ANt:ES IN TIlE'
<br /> ��f.:, �';:t ' ',.jf�3tF,ST.RATE ANif�-T3II� Ait]NT1[[:1f.�:NIsYlMI�I'fPi T$!� Ki)T� I.11ti1lTS TFIF.
<br /> - . . . '��jylyl(�DUNP THF 80It[tU�VIfA'ti 1t1iTt:NV•.4I'l11�`�'�`�:1y�FC1fAPIG�AT ANY UKF.TtAI� " —
<br /> . ��,E. ; " , ;�-�•��l�T1ik bfAXIMUM EI.�Tl:TH13 U�Di1Htb4Vt:H,l�itl�fl?PAY. ��
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<br /> L`' . . ADD17'lONAL CC�I'�NAN'{r.: r�it{iili�ysiiun ta•tfy: co�cnaru� and•a�ts madc in thc Sccurity lnstnrmcnt. �•���='--°�-" -
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<br /> . �:� . . `Hsnaower and Lender(uslh:e.cavetdus�aricisgcc uc tattciv:in., . .. ' ' �€���:
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<br /> . � ���;� IM!'ERF�f"RATEAN�MONtfI1�Y:Y��'�M�M'.4`itA1�i(�6St:� . . '�'_:�_
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<br /> ' �` � �� `tA) C(ra�ige Oate � �- '_
<br /> � r ` � .''i'he intercst rate may change an Ihe fir�t�lay uf 3$��utlrYl . 1993 ' .�na�t�y ut cach�ucraai�ag ycar.
<br />' • - ;: ' ��"Change Date"means each date on Khub the intcrcst ratc cuuld changc. � ,'� ,. ��
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<br /> �� f=�- • � '�' IS) Thelnde�t .._��;��;s-,.�_-�.
<br /> � `� Bcginning wilh tlie ftrtt Changc CLih„,�t�:'.interc.�mtr will bc basaf un an P�ni�q. "indea"ntrans thc wcckly avcmgc : •= ;�.-� ;,_,.-
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<br /> •• _ _ _ " • .::,.yield on Unitcd Statcs Trcaslsry SccociFi�s.+.a�ju.tcd w�cunstlnl n�aturity of ac�:.yc:.r.as ma�k nvailablc by thc Fcdcr.il '--�'"F�:�^',
<br /> � �`' �ttescrvc Board. "Currcnt(n��x"mcac�ilz rru�s�rcccnYtrnlcx��urc available s���+'�lurc thc Chan c IY.ar. 1f ihc fndcx ��`"���.;_
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<br /> . , (as deflncd ab�iYC)is no(onger.availabt�;.LuiJer��•ilf u�c as n ncw fi�f:c�asy iczdcs hrt`-�:ribcd by ihc Sccretary. Ac v�ed in , , r,
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<br /> � � _� . ' this Rider."�e�tary"mcan�thc Sccrclary uf Il��uring and.Ur(sa�t t�s�.�ta�smcnt ar hic��t hcr dc�ignce. Lcndcr will gi��c . •.:r;r;,; •f��_
<br /> ' �'" ; Borrower natice of thc new tns�ex. . . , �: '°: '-
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<br /> • ', , ';: ' • !C) CalcufAtian uf latcrest Katc Chs�n�;e+ . . , �����ip?: _
<br /> ' -.�,;, t::-, ' . Bcfarc cach Changc Uatc.l.cndcr wi0 catc�iiam�nc�v intcr���rhtc hy sui�ing a margin of - i -
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<br /> . j'��r ' ' � �intst 2.0000 �!r) to t1�; curreut ludcx aud nr��ii{�ng thc �um cu thc ncacs�i ��nc�cighth ut unc �xteeniagc puim �,:.;;j,,,r,!�s+, .�,.
<br /> •'�'�'}�'�� ;; � I��2S�i'I. Sub cct to Uic lintits ciatc�l in I;nagra h!D►a*�hi.Ri�tcr.thi�ruundcd�rnuunt will f+c�hc nc�v inseri�.t ratc until :�`t�;�:4.`�`:,;�'.: •
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<br /> �� L.:�_ , . �U) f,(mits un Intereat Itute l'hare�ec ,,.,
<br /> ' t The interc4t ratc witl ncvi�r incrc:t�c ut dccrea�r Isy ntare ihan on�;per�cn�agc puiut l I.IKf�1 un nny xingtc i��,s��e U:�zc. '. .',�.:�:`.`',
<br /> ''•, , � . 't1�e intrres�ratr will ncvcrbe m�rre�h;m fivc�nKCCmagr�+int�IS.U'Y�he�hc�arli�tiar;r It�.m the iaili:�i intcrc�t�atc. • ��'• .
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<br /> � Ifi) CalculaUunu�payn�cnt4han�;e + �� '.
<br /> . It Ihc intcrecl rale changes un�Changc lhue.Lcndcr«itl catdulate ehc amouat uf monthty p���tnrnt c�f pcincipal x»d �.
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<br /> intrrest which wauld hr nccess•rry t��rcp��y�lu unpaid pri��cip�{b;dancc in fuq nt U�c n�atu�ity Qaic at Ihc n�nv i�rt�tcst r.uc ' ,
<br /> � thrcwgh subslantiaUy cyuat paymcnt�. in tnahing vuch calruL��ian.L�adcr will u�c�he unpaid principal hi�I:ItltiC��I1t�I)�YlfUI1J �'
<br /> ,�r 6e owed on the Chaage Date if Uurr had hrrn nu Qcf:�ol�in paymen�un tlic Nuse.rcJucrd by thc mnuum uf:my prc�ymcntw � .�
<br /> . - ;: . ._ . �a.,,� lo principal.Thr re�uU af Ihis catcutati�,n wili hc U�c amnu�u ut�1rc ne�v nu���lhly p:�ynlent uf pt'tn�i(r,►1 at�d iute�etil. � .
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<br /> • ' . "�•�:,�t� • � � Lc�idcr�yiil F�vc nutirc t�+lia��u«��r af a��y cir.�ugr iu ihc inhtr.t ratc aud nsuutl�ly�,aymcnt:m�uunL 'lltr naticr a�u�l ': , .
<br /> .'`�� `;' . 6e given at Ic�.�al 25 daya hcfurc thr ucw m�+nlh�� i inrnt�a�uunt ii due.aud utusl rc1 furth lil lhc datc u(�hr nuliac. .
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<br /> ' � � (ii)the Change Uate.liiil Ihc uW inter4rl tatc.liv� Uic ucw i�itcrc.� rnte. lv�tite urw �uuntl�ly p�yweu� :�uu�unt.Ivil�hr ,
<br /> __- ,_- �_'-,:.::='-::.,.� Custcnt lssdex�tt�thc datc t�ar;�a publi.ft��f. 1�•u�thr uuth�xl uf c;�icutating U�c chan�c im m�ntfily pa�•u�cnt nmvum.�nd , - —
<br /> . !� ._�:J_�,:' ;,�u'_''�� tviii)any ntlier infisnnatinn which in:ry IH:r.YluinQ by f;t+v truut tintc ta timc. i91 . _
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