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<br /> :_ ,; �, �� . � � .� `FIfA MULT�STATE ADJi jS�����E RATE RIDER , . ` , .
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<br /> ., tl�e �o�tgagc. Deed of 1iu5t or Sccurity Dccd ! S+ecwityE,.IWItp;e�S�;} �t.,1l�c��samc daL�givcn lsy thc utx�p�i�¢.. .
<br /> ° — ' ("Barawcr'�ta secvrc Bortowcr's Nntc t"Nutc 1 ta
<br /> � C�lUMBUS FEDEttAI. SAUIt�S:.BRNK.. .
<br /> -- � � (the"txader')of the samc d�tc aad covcdag the rnatx�tY Jescn'dcd in thc.�cc�ui[!E��tn�:YflF�.I�x,�.leci a1.::;�
<br /> ' � . " I71I NORTH CilSTER
<br /> - ''�•. � ' 6RAND ISLANQ, NE: 688Q3 �
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<br /> . t tPru�+rnX Add�tss.f . _---
<br /> ` ' _�:`:.�` THE NOTE CUNTAINS PRUViS1UNS �ALWWIME's� �AR,�;�1�NGFS 1N TH� �`__
<br /> � , . : IMI'EREST EiATB ANU TIIF. MOriTH1.X .P�YMP•N'�: TI�,.;N�'�'� i.lMITS TilE �,_._
<br /> . � _ _, . � ''- ;:": AMOUNT THE Bf,�i�t�WF[t:S INTFREST.�tK�'F.i:AN CHA,N4i�4�T,�ANY ONE TlME ' --
<br /> `�`'` ' � � : .'ANp Tl��11fAXI1V�I(Rt�RATM TIiF�1pRR�1YCsR MIiST�'AY., ���
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<br /> � "��'�'�� tc madc in ihc Sccarit Inytrumcpt. ���-:-_
<br /> � ="� ADDTf10NAL COVENANTS. tn additiun tu thc..rarccr�•;�t�,:agaC�ny�, .Y __
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<br /> Bomnwer and Lend4r furthcr covenant t�nd agrrc ac fi�ttuWa� �' ` �
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<br /> -- - -- 1 �A���;1;' IN7�iEST RA'fE ANU MQ,N'l'111.Y PAYMGNT CNANG�'a , ' —_�� y. '`�,�.i�,
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<br /> `,, ;f . . � � �A)�Change Oatt ��°;.. '�`;"_�.—
<br /> :��:�; Januarr L, 1'�93 ,.r., „�
<br /> •. `*: • The interest rafe�inay cfiad��on thc fiRt day uf .mx!tT�.at day af each wcc�c�in�yc�c..,,. �' ;;y,, . ��;.r�
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<br /> .>,.-; "Change Date"means cacb datc cct wbich the intecc�t ratc cuuldch�itgc. �<� "�
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<br /> a•.. B The lodes , `'=%��=I-
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<br /> Be innin with!he ficst Chan Uatc.thc,int�tc�l mtc will bc b:►sed an,ayt,f�lcx. "1nJca mepn4 tha,F+rcqriy uvcragc.•, ,� ;r;,-�". � " -
<br /> �� ietd on United Statcs 7irasury 5ccuriticti aJju,51c+1.ta a ran.�innt,n�aty{ity af,qnc yc�r.as madc uvailablo.�yilhG,�cdcral .. � ��~
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<br /> ``'�'; '"`�'' y� 0 da w bcfurc thc Chan e i7atc„It ibo,Itxicx ' '""-
<br /> , '�. '� � Reserve Board. "Curtent IR4ea"meaac the nwrt reccat(flc1�X figure avail��l�q� y. S , ���t_.
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<br /> •: �'�:, (as,definr,�l above)is na longer avnilubte.I.ender will u,cG�.c�ncw 1ndGri:�ny,�nJe�prescribixtby the Secrciasy..As usa�1 iq�,. •j ' :,_:'��-" ;..
<br /> ��"-'�' :'•, .:.�, thi�,�iid:l:.,'Sccretary"means thc,Seqetary af Ilou�in�.:+ncl.,Vrl��pavctoDA1cnt or his ar trc�dcsigncc. Lender�wA!�sc, . ' . : -
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<br /> �- -;'•"�.�,i B�rowesrsotice of Iht ncw lndc�. ' ,� -
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<br /> �� °�`� �� (C) Calcul�tioa ot Interest Iiate Chan�es �
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<br /> �.�:;'�.�,:-��;�;'�; Hefore cach Chungc Datc.l.endcr wi0 r.drulatc a nwut i��tyrlt�i r�tc,h�:tdding a margiriaP .. '
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<br /> , '.:�4�.,E.o,�;'�t.l�:;;.� 7wd perCCnlagc � .
<br /> Yru;;�a+��`�_'. .0000 cr•;
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<br /> sr� `+ y� '� ints � �Io)to thc cuacnt tnd�tl,��d„ruunding�he sum to the nearc�t urte•eighth uf ar.�:.percenlage point . ,
<br /> f..�a :'�;'�'�..�..�., pp f R '': •
<br /> � � 0125ryo). Suh ect to�hc limi�s stated ii�Paru�r:lplt�U)ut Q�iy l{idcr.thi!�.ruundcd anit�un�will hc ihc ac��intcrcrt ratc until
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<br /> . . •• the,neacChangeUatc. ••� �
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<br /> �r . (U) Limits un Jnteresl Kute Chvngcw � ' , .
<br /> . . .�• Thc intcros�ratc will nevcr incrca�r nr dcc�:a�by ntu�4,'I�an��i�o prrccntagc p��inl l 1.17�/0)un.u�y siu�;l�•(:han�¢llatc. .
<br /> �� " Thc interest rate witl ncvcr bc murc than fivc��crccu�:�pr�K►iiUy,1S.�1Si 1 highec��t lu«�e�Ihan tlse initial iaterrtil uitt. ; . ,
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<br /> � `9,:,c��r, (�1 Calculalian olPaynient Chnn�;c
<br /> ,�,..:';'�i`�';��I��"�:''' IP Ihc intercst racc changcti on a Chan�r Uatc.l.cndk��,»�ill talcut•rtc thc m�tuunt uf mantitly,p�yr.ier,ti uf pria4ipa�:u��,� �
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<br /> • "���'��'f?;;�:!:;;���'r'�' intcrcst which wUUld tk:t�cccs+ary w rcpay tltr,u»paid princip:d 6:ilancc in full ul thr m:durity.datc u�thtw•nc�v intcrt�l rotc � j
<br /> �,�V��i ,; •:�.. ., • througit substantit+ity cyual p•ryincnts. In maF�ing,tiucl�culculati��».l.cndcr will uso Ihc a��id principal hal�u��whicl�a•uuld t
<br /> '� . `.. : . be owed on thc Ch�ngr Uatc it tlicrr huJ I+ren nn deGwlt in paya�c»�un�in Nutc.reduc�Yt by thc:miaunf uf uny pm►wYnunts : `
<br /> . . .. '.:.��•�%i:, to princ3p�a1. 'fhc result ut lhiccalculati�u a•ili lx�ihr uraunnt.nf�lir�icw muntlily paynnn�af prinripsl uit�l iuicrc��. .
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<br /> .• .�'-�: . -'� ' li�l NoticeulCh�n�es
<br /> , . � Lendcr tviit givc noticc tn ifur��r�vcr uf�:viy chan�;c iu tl�c iutcrc�t rat�anJ tii�un�hly payuunt a�iwunt. 'i'hc nutirc u�u�t .
<br /> ?� • . be given at tc:u� 25 daya bcfarc�he nc�v manthly paymrnt amnont is duc�and must.a iunh (il �hc daic uf the nuticr.
<br /> ' ;'. � . � �ii)thc Changc Uace.liii) thc u1J intcrest�atc.liv�thc��r�v intcrc�t rutc.(v)thc new munthly p;�yment amuunt.�villhr
<br /> - ' �r_-;_-_-..=.___:__—;;, � �:�erene lyd: sns��hc d3!e i! w�s j���hli�hevl.lvii/Ilu u►rQeix�of calcul:ui�tg 1hc rh:tn�;c.in tnuntlily payunnl�muunl.;u�d _ _ . _
<br /> _�':��_,_;_._:.,1 (viii)any tither infonu�tiun which m;iy 6t rcyuircQ hy taw fruftt rinfc tu timc. 29t - -
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