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<br /> ' 1� ` 3QTH �CT08ER , tq g3 � : ` ,�
<br /> t' ',• ' THiSAA)USTABl.BltATERIDgRlfaudet*�• e�yor.. � — . `
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<br /> ` : ,, a �, , � en�N taoo�pom�ed Into�4 thaIi beduasdm�d aa3�em i6eKmrc�Be.Deed otTnut.or Securtty Dood(tde•'Savrity Iaunttnau")of `� ` µ"��� .
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<br /> ' fl�aame d4n given by tAe uadenty�ttd(the"Bonower")to tecure 8ocrowec'�AdJustaDte Aate Note(tIIe"Note")to MOME RE11k't1Al1�DRANO �4, ti`° ,. ,�
<br />_ '`, F. � . . (�tt6e"Lenda•'1 ot tRe tetAt dt4o and oDVedng tRe pro�at9 d�aiEe4 is tAe Savdty[nstrutneat aad locazed at: ; _-'` �'- -
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<br /> �- � aF�,--- 7ti�aotR M�►tRlm provlilmm�ltoe[n�tor a�aScs tu my tnteRai rate and aly moet� :° ~` -� �
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<br /> F: � p�7rmenv.'i'd!i aote ntso Wntb tde amouat my interat rate can cnange nt aay one time and i< x
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<br /> .'� :,, aLia We mlatmum and tEe aautmam au l mast ps4y.
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<br /> , �Y , AODri'IONAL COYENAMS.In add3tlon to the coveaanu and agreements made in tIle Secvzity vostmment,8ormwer and Leada P 1( �-
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<br /> , t:° `' °` fluther wveaant and a�ree at foRocvc: .R . r
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<br /> ' �:` �`' �,. , A. Il�i?ERFIST FATE AND MON'1�LY PAYMF.NY CHANGE4 �' '
<br /> }�;, The Note provida for an initial interat rate of 5.875 4'0.Sxtion 4 of the Note pmvides for changes in the inta�st rate and ttre a � _ -
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<br /> f. ; v 0. IM�'REST RATF AND MON'/t/LY PAYIKENT CHANCES . .
<br /> � � � (A) t�anseD�s ' - 94 . � •- � ���� �`���'�
<br /> � ;� '` w � <`i ' . Theintesestrate 1��3Lpay may change oa the t"ust deY of N[3UEIY1$�R. .. ,l9 ;and aA�a�3ayevery
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<br /> -��, ' � r`' � L,� Z 2 moatPs thaeaft�.8ac6 date on whicb my iaterea rate could ehange ia w;teda`�hange Dazr•' r��f ..s`�<.�;'�t s�'� -
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<br /> ' {�i �''��'_.�.� - Eeginning with ti�fim C�anBe Date.my mcrnst mte will be basedoa an tndea.'fAe'Iad� u th2 aee'dciy av�yidd on lJnitod States . . .. ^i� .
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<br /> x �_ � A t s 1Yeatury socurttia�djusted to a rnnstant maturity of 1 year,as made avaitab2e by We 1Federal Rawe�Baard.lUe mast reoent Iadea figure .
<br /> r ,>ti '�.w�,.,"`;��(` availableasofthedate45daysbetoreea:hC'�angeDateiscalIedthe•'Currentlndea.° _ •� �' � `
<br /> ��"�'� t �� if the Index is no tonger availab��e,the Note Ho1Qer will choose a new index which is based upoo comparable information.'!�e Note .z s �. -�`
<br /> 1 ;h�i�,���'��j��'` � x:-
<br /> `s ':{��i,�, �t�'� "- � Holderwillgivemeaatbceoftl�ischofoe. t f3t�� , '_-S ,�__
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<br /> � t tHREE ANO ONE-HAL� ` ;� �._
<br /> `` �e�} ;°'� Before eadt Chaar�e I?ate.the Nole Holder w�71 caicuTate my new interesc race 6y adding Pao�ta8e .<_ t'�
<br /> _�'' i ���'�r"'�'i-,�,1 0 � �•5 th t Iadex and roun to the aeazest 1/Sth of 1%.subject to the limits stated in Scction 4(Di 6e[ow. :•' ,'.".'-�y`-
<br /> '�'.��� `;Y oints �o)to eCluren din8 ' ��t k , ,
<br /> �r`''• s f ��Yi This rounded amounre+il�be my new i�taest rate umil che nezt Change Date. � .:_
<br /> �- •���r;,7, ����` The Note Holder wig ehm detamine the amount of tIle monthty payment that wou2d be suffdent to repay in full ths prinapa!1 am ; T•. �.
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<br /> � .:�;�, :,�;�.;,.•�. e x p x t e d ro ow e on that Chan ge Date in substanHally e qual paymenu by the maturity date at my ncw interat rate.The tesult of tLtts plcula@on --���.':"'
<br /> i • . r?i`��'3�?{;`; �n'U be the new emount ot my montnTy payment. `�Y-'. _
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<br /> � � 'the interat rate 1 am requirod to pay at the first Change Dace wiq not be greatu than �-8�5 °10 or Iw than , '..�� ;
<br /> % � � , �-p7-r+ %.Thereafcer.mK inserest rate wiii nevcr be incrrased or decreased on any singte Change Date by morc than r�m __ . � �'
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<br /> �. . , � ' .�'',��;;r � -� from the rate of interall hare been paying for the preceding tweh•e months.Thc minimum Inteast rate on this toan will never be � . � •:
<br /> } .;,f i,,! ��y�h� 3.675- —�'o and tAe ma�dmum interat rate will never be greacer than 7�-875 R'o. • . � . • ',
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<br /> My new tnterest rate wil!�teo:n:eI[ective an each Change Date.l wiil pay the amount of my new monthly payment beginning on the fitst ,
<br />- ��. � '�`:�,°;} monthty payment date after tAe CAange Date until che amount of my monchly payment changes again. -• \.�
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<br /> . ; : ,.� � , ;_` ,:.`�:';�� (F) Noticeoiftwnges . � ,.
<br /> � � The Note Hotder wip maii or dtlirer to me a notice befote each Change Date.The notice will advise me of: �.:�
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<br /> � '„="rt:'�:��,;:.:?��� (i1 the aew interesl raic on my loan as of the Change Date: , r� �
<br /> ' ` � ;`�,;.;::,,;;� (ii) the amount o!my monlhJy payment fotlowing the Change Date; ;y;,a�� _; �.
<br />'�`, : ;;� ��';�i��<�j;�;)?�.�,:, (iii) any additiona!mattttt whlch the Note Holde�is required to disclose:and � .
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<br /> ,t � � :�;, :'4.�: ,�5��,;>.fZ`;� (iv) theaddras of the associadon you could contact regarding any questions aboW the adjustment notice. . '_ ,
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<br /> i`�'�. .,,�•,��.�� � .:;� B. CHARGFS:LIENS �.`'_�;;,� � •
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<br /> Urriform Covenant 4 of the Secudty tastrument is amended to read as follows: •;�•�?����
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<br /> ` �r:., . >>_,:. • • 4.C6ugeas lAea�.Borrower sAali pay all tazes,assessmenu.end other charges,fines.and impositions attributable to tRe YropMy which may �:,,.,`.�L�, •
<br />" '�`° �`�' �'�'�� `'� •� �' attain a pdority wa szis Security Inauummt,and leasehold payments of ground renrs,it any.in the maaner provided ua3er paragraph 2 hereof ;= '� • •
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<br /> ;.s„; ..�;,,.:,.:�,,,�';�.;�; or,if not paid in suds►aanner.by Bo�ro+rer makirsg�ent.when due.directly to cise payee thereof.Bonower shalt prompNy fureish I.Ender (
<br /> • � � ���, �• a11 aotices of amounts due under tT�£s paiagaph,and in the event Borrowe�shal!maFce payment dire:tly.Bonower shall yrompdy fumish to 'sz
<br /> �� ��>� ' L,ender receipta evidendag sucR payaunss.Borrower shall yromptly dlscharge any lien which has priority over this Security IIc�rument; '`�
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<br /> j• �_ •���1� , hore�er.Bonower shalt not be req�ired to discharge any such tien so long as Borrower:(a)shait agree in writing to the payma1t of the � ��•�
<br /> � '�� � ` � obli�uion secured by such llen ia ttie mm�ner acceptabte to Lender,(b)shatl in good faith contest such lim by.or defend agalast enYon�tment ot ,
<br />_ � � anch tien in,legal proceedings whicA in the optnion of Lender operate to prevent thc mforcemmt oP the Uen or forfelture of the Property or any
<br /> - ' part Weieof;or(c)ehall secttre from tfle hotder of such lien an agteement in a torm saNsfactory to Lender subord(nating such lien to this � •:I . �
<br />_�' ;,,.:''�' , -`4 $dt�J!'ItytllSttUtRMt. . �
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<br />'�' iY'•.�=4�� � It Lender determtna tDa[alpoe aay pan of the Pcopeny is subJe+et to a ilen whtch may attain a prtority ovu thls Securiry Eas�umen� � ...�:�,�, �
<br />� ,."�`"�'�`'` "",." � Leader ehall give Horrowee a notia ideetifying such llm.Bortower shall saHsfy sach lim or take o�e cr more of the actions set forth above � �;:`�iy�
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<br /> • •���rr.a=Y �itNntenQaysoftheg[vingoltIleaatiee.
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<br /> �<.r...•..... .' �'` lttiliorm Coveeant 14of tIleSecur1cp la�trument is emendtd to read as foltows: ��=•:,°::;'.:
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<br /> -"�=,� t4:I�SotitG Huept tor aay noaa eequ�eed under applIcable law to begiven in anothee manaer.(a)a-.}nor.cr es]�asrower provided for in Ws S ':��4•�t�.'�t�• '
<br /> Secnrity Intteument sltai[Qagivta�p dtlivuing it or by malting(t by first clau tnait to Bottowet at the Ptopetty/Rddt'rs9 or at sach other address � ,� •` . .
<br /> - _:_�1i;�. � , . , '. ;:.
<br /> tu Bbrroarer may designate Dy notice t4 Lcndu a+provided hereln.aad(b)any notice to Lender shall Ae given by£irst class mail to txndu's ',,
<br /> ed6tess atated�erdn or to such otRer a�rw es l.ender may daignate by aoScr to Bonower ag provided 6erein.My noua proviQed tor in thts • �
<br /> 8eturity Itnttumeat s�all 6edeemeQw�,ive 6een givm to Borrower or L.eader wt►en given ia the maaner daignated haein.
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