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<br /> . ADJUBTABI.� RA'TE qIDER . �
<br /> . . • ` (1 Ywr Tns�wy Ind�-N�ir.Crp�1 . . �° ��I(�f�� �
<br /> ni�s�a.x�r�►ei.e w►�R�n k n,.a.ur. 1� d�Y d �1°�"r ,�_._,_:�,n,a
<br /> Is kioapontrd Mo�nd a1W W dwrod W�rmnd and wpplNn�nt th�Mat0�0��M�d oi'frost or B�aeMy DMd(a►�'MouNIY Inq�wn�R9
<br /> d n+�w�d�t�pMwi b�►th�w�d�nlpn�d(1M'Bo�rowr')eo s�oun Darow�rs A�bN R�q No1�t!M'Nol�'1 b
<br /> � e_�_�. ._�_ �� �_ .�.�.,.�.... .,���nedn
<br /> pn.��.�a«ry a a,.�.m.aa.e...na oov.�w m.aop.�y a..o�e.d�n m.a.ou�a�►�n+�+n+.M.na�oowd�a:
<br /> 18�4 Norlh �rtnm cou�t � --
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<br /> THE NOTE CONTAINB PROVISIONS ALLOWINti�FOR CHANOE8 IN TH� INT8R�8T RA18
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<br /> :�: AND THE MQM'NLY PAYIIA�NT. THE NOiE I.IMITS THE A�AOUNT TM6 QOpROW�R'R
<br /> INTEREBT MTE CAN CHANOE AT ANY ON�TIIIAE AND THE MA1t11UUM RATH THH
<br /> BORROWHR IIAUST PAY.
<br /> ADOITIONM.COVENAMB. M►�dd�lon to th�oovl�ls�nd��r�nmh m�de In Ihs 8�a+�tY Mstrun�nt�Bonowu�nd L�nd�►Mw�tMr
<br /> %. . �; y •,•M�,`,'�. �ove,,ern�na�qrp as foNpws:
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<br /> . • .:i. *: • � :. A. NJTEREST RATE AND MONTHLY PAYMHNT CHANfiE8
<br /> ,.r. a videe iw oh�n es In 1fie int�rat�I�ta and th�
<br /> 9i. Ths Not O
<br /> ��a�,{�+� ,�{� �.�,�f:��. Th�NoU prorld�a la en Inll�l k►tare�t M�of P�
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<br /> .S;x. ..i.ff`6.,,1'. t. � MOM�I�I a�111N11i.af�Op01N/:
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<br /> `"�+�s1•:(}�:,�.w: 4. N�ITHREST RATE AND MONTHLY PAYIIAENT CHANQ�B
<br /> : �,�;:�,��:�*,`•%-'s+��r��;;;f (A) Ch�npe Dat�s
<br /> " . .•t , Th•Ntaraf r.t.l wAI p�y m.y ohpnpa on th•tkst d.y of S�ot�mb�r , 1994 .�nd•on th�t d�y
<br /> �� ^ n�""''•,;.'�,ti�':.�''•�,�:�, w�ry twdith(121h)monlh 1h�R�r, Eaeh d�t�on whlah my InU►at�t�oould alu�nye Is cW�d�'Chany�Dst�'.
<br /> f.s;d��".D.��.i�::'• �
<br /> •• • . � 1�1 T'h� Ind�x
<br /> • ,`,z�'. ,':'•;,� ` g�p w�lt!he llre!Ghen�Dete,my Mtar�st nb wW b�b�ted on�n Indox. Ths'Index'is th�monthy�v�ny�yNld on Unibd
<br /> �~ �,�i,�.�����' �� 31�us T►eawry t�ourides�dJu�ted to a aonst�nt maturlry ol one(1)year,�s m�de�vaYebia by the Fede�l Rss�rv�Boa►d. The mon►♦
<br /> `� ' � �'"`' ` a�N I�d�c Ilyure wall�bli u ot the d�te toAy-flve(46)d�ya bNon�oh Oh�nye Dtla Is aalled iha'Curt�nt Indix'.
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<br /> • If th�Index Is no longer w�ll�bte,tha Note Hold�r will ahoo:��new Index whloh Ir b�e�d upon aomp�r�bl�inlomwtlon. The NoU
<br /> ; ,. . � ; . � HoIdK wW qh�m�noUa�of thls aholce.
<br /> ' f � � ' � (C) C�Iculatbn ot Ch�n�eq
<br /> � : � "� � Bdon ach Chmpe D�te,the Note Holde►ww cakulate my new Intere�t r�te by �ddMp 2 490
<br /> �� ' ' ' parcentaya polnts to the Curtent Index. Th�rosulte ot thb addqlon wiA bs my new interest nte unW th�
<br /> ��, '�'•��1• , � nsxl ohriye dde. Sub�eat to th�Ihnite eteted In Saotlon�1(D)below,thls nwv smount w1U b�my new Int�re�t nte untd th�n�xt
<br /> ' ,:�.�y; Clw��e O+ite.
<br /> �' ~� ;; �� 'r' � The Note Holde►witl then detemiine the amount ol the monihl�payment thtl would ba eultident to repay th�unpald pdneipol 1h�t 1 un ;
<br /> ���" •���,;.i�'.% wqHCted to owe A1�he �'hangv�ait in IuN on lh�ne�turiry date a:my new interost rak te suf;eataMlaly equal paymenta. Ths reauR ot thl�
<br /> � t,':� . cdwl�tlo�w�b�tne new�maunt o7 my monthly paymznt. �:F�
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<br /> ! . ;' �.� (�� �.�mits mn in4o�ast Rate Changas
<br /> •� � *!ha Inlemt Ratr I am requhed to pay et the Aret Chenge hatr w�u n�t Ae�►�tar then ��^..BD —%.
<br /> • 'theraadar,my Interest aie wip never be increased a decreased on eny akigle Change Date�y mare ihpn 1•890
<br /> . pereent�ye polnla trom the r�te of Int4reet I have been paying for the preceding twelve(12)moMha. AAy Intermat
<br /> , � " • ' at�wiq never be y►eatQr thu� 9.990 7�.
<br /> `, �, .,��..1' . lE) Efhctiw D�ta of CYwu�ges '�
<br /> ' � �'�` My naw Intereat rate wil become eNective on eath Chan9e Oate 1 wiA pay the amount of my new monthy payment begtnnhg om the
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<br /> E , � ���;�.{'!�,� flrel monthly payment date�itar the Chenpe Dote untli tne amouM ol my monihly payment chenqes again. ,
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<br /> ,:;�F,;. (Fl Nottco ot�P�angos ��'
<br /> ''• � � '?;"��•., The Nota Holder wlll deAver or mall to me e notice of any ehan�ea In my Inte►eat rote end the amount ol my monthly paymml aeforc �
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<br /> ���' ; � �:����,,;�•' 1hs oilecllve date of�ny clunge. The nolke wlll hclude Inlorrt�ai'or requlred by law to be qlven me a�d elso the Wle end telephene '�.�•s
<br /> i ; ; � number of s person who wiill answer any questlon 1 may have regn�dmg the notlee. •���4i
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<br /> . � � � , MULTISTATE ADJUSTABLE RATE RfOER•AWW S•2• s,�Qic F���y •Fannle M�e/Freddle Mae Und�me Matrument ��Modl 3183 •
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