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<br /> ti. :i11d"�n� ��Yf�,���IYG.�E N0�¢HC�l��ll�i� �C,�0�1�01' ` .
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<br /> �� � , ,{OqY�lq IO C�{�Y'tI1C COOM!'(l�OR• �'. • ` ` ° , .
<br /> . (�j frlillM�E�i�t/i�N!' . '.� .... ' � .
<br /> ' My aew.fi:e�interat ratt witl be eq�a1 ta the,Federai Nstiaasl Ma�rtfa�e Asaoriuiort's reqnirod aet yiekl as ol a
<br /> � ` dau iud time oidiy spo�i6ed 6Y tlre NoRoHolder foc(i)if t6e oristo�eE tera�of this Note it=rater�of oat paaata�e`
<br /> � tw�ed nu a�octp�s ca'etal bY�PP��bie 60dsy manditorY dcliY�ty commitrinents,pius 5rc�eish
<br /> � _ poier(0 62s�+).ror�aed cothe eearest tr�ichth�'�x a��P��(o.12S`�).oc(u3 if t�e ari�n�l cum of ttiis
<br /> � � Nate is 15 Yart a k�.�i5-yar fixed rau mortp�ea coverod 6y applicabk 60�daY mandatorY deliver�►oommitmenn.
<br /> � pias 5vo�albths otone pera�ata Pdnt(O.b2S96j.r�eedod W tbe aearat a�e-a�htb of oae perceata�e l�int(0.f 25�).
<br /> < U tbis required net yiekC cannot 6e dettrmined baaase the appGsabla aimmitments are�xst available,t1►e Nuta Hdder
<br /> willdetami�e,my intaes�nta 6y usin�oompasabte iaformatiar: Myne.��u�ua�naer�issaxioo sts)«�u
<br /> sot y��ter tbae tLe-Muimum Ratcatatod ia Sxtioa dtD)a6an�e. •
<br /> �C� iVe�p�a�E Aw��t ar'Eteethe Due , '
<br /> If t cl�oo�to exa�cise the Conv�rstoe tlptiort.tbie Note Holder ww�l detenailw the�mount of t6e mon[b1�P�Yment ,
<br /> ti�st wouid besu�cient to tep�y tLe unpaid princiPal 1 sm expectcd to owe an t6e Conve�sioa Date in fall aa tbe a�atarit�`
<br /> data at my nnr Sxod intaest nte in substantiillY o9�WY�►ts. Tl�e res�ttt af this cakulatied wiU be tba nar amouet .
<br /> oPmymaubiYP�Y�►1: ��ng�iwmysrseraonewy�y�ent�awe.c,�enionosc�t.��axu�e�:mo�wc
<br /> — � . .-. �s�y��r��t.onni.���w�ty aat�. . � _ . �=:"-;�..:� __ –�--
<br /> -:"� G T�ER OF 7'tl�BAOPER7Y Olt A B�NEFiC7AL U�fEAEST Qi;�CNtROWER ��. �<;::�:;;�-��
<br /> __ - 1. Until Boirawer exorciaas ti�e Coovarsion Optiou unde�the ogmditioe$�in Section H of this Adja�a`�ile Rate_:
<br /> -- ---_ - : Etider.iJniform Cwee�nt.1T of the Securiry Instrumeiit is�anaendbd w reat€'��dlow�s: ,.�..
<br /> Trwfir�fdiePn�rt�l.era�i�ati�B�nwer. Ifalloraliq:p�toftbePropertyaaAY�iaiRis .
<br /> � ,�°:wld or transferiod(a�if s beneficiat iaterest in So�t�nwet is sold a transferroi�.'ud BotraNer is not a mtfijal person)
<br /> == - �.': �vithout Lender's pria written c�ansent,Lenda may,at its oppon.nquire immadiate payment in fuU oF aD sums soaued
<br /> -��� -. b7►lhis Security I�wm�nt.� Horrever,this optiansbalt not be aaerciso�hy Lender if exeecise is probibited by foderal iavr ' ' _ -
<br /> ,. as of the date o�'tbis Socurity Instn�ment. .Lender also st�all�not exercise this aption if (a) Borrower causes to be .
<br /> ---- - �'��:sobmitted to i.ender infarmation reqaired by Lender to evaluate the i�trndod transferce is if a new loan wers being made . -
<br /> ��"'`: .�'to the usnsfen�and (6� Lender reawnab[y determines that Lender's socurity will not be impaire�,:by the loan -
<br />_ "'_i.�!,.,t its:.5 . . . .
<br /> .;.��':�=-'�=`r;.;. `aasumpti<m and that the risk uf a brracb oi any cuvenant or ageement in this Security Instrument is,�aaceptable to ,
<br /> -�•� � c:�.:,� _i-P t,m :, ,,,:.
<br /> -�!'i'..t�� �ING�•.•;..' _. —
<br /> s R a�1"' . �i ' Tdt�exteat pemiitted by applica�le taw.Lender may eharge a rc�sonable fee as a canditlort to Lende�'s�oasent to ,
<br /> ` `� �� �����" ��. . .,.;.;��t1�c�aa ascumptian. [ander aLca maq rcquirc thc iransferu Lo sign an a�suc?,�ioa agrament that is�c�ceQtabte to _ __-
<br /> `°"J. [IL>" .
<br /> � s �- ��;;�,� `�'�e�a,adtt�atobliaatest�etrar�sfereetokeepafl�proniisesandagrar�cii�made�itetheNoteand'u_E�;Saurity _
<br /> '��,;�;i�-- �-� �''� . , -
<br /> �.,,,�F:......: ...:.rt��,�,.• -....,�-j�trn�;;�orrawer Mn'll continue to 6e obligated�Snder the Note anQ this Se�.'ntr lnstrument untess La,m�rr rel� �``__ _
<br /> - � �;���7Jt� ' �osrower�ic�writing.
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<br />__'' �� • lf Lei�ei eaeercises the option to require immediatc payment in full,Lender sBall give Borrower notice af accetera- � ��r -
<br /> ±-�?�'�" - � tion. Tha noticx shaq provide a period af not less than 30 days from the date the naticx is delivered or a�iled within
<br /> �_.;_;;,.'.,.�;_,.� _
<br /> �'Y��..,:�: �. � which Borrower must pay all sums secured by this Security Instrument. IP Bonower fails to pay these suma,prior to the �
<br /> - - expiration of this perioa,Lender may invake any remadies pcmutted by this Security Instrument without fur'thar notia � - '... .
<br /> :,-�"` =� `• or demand on Borrower. t � ,°
<br /> :;t�`.�:.-.:., ( ' � .,a,.;�:
<br /> � f �- . • ' 2, !p gpnower exercises the Comersion Option under the�conditions•stated in Sectian 8 of this Adjnstable Rate
<br /> _ _�;��,, '¢:�- � '&tider.the amendment ta�aiform Covenant !?.ot the Security Insuument:Cgntairted in Section C I abaxa siiall then ' ° -
<br /> . : rovisions of Unifarcm�a�;�enane:l 7 0[the Securit}�Yn3trnment shall instra.s�t�ia effect.as �� .. .::'v
<br /> y� o�s e t o b e i n e ff e c t,a r.a s c�-p ,�
<br /> -7fTu'`� • ' .` � ' `�����5. ''�. ��� �'`� � �' - •�• I • � —.
<br /> ' '�� �'r�t r ut tre pr o�e r t y or s Bnre�icisl l�tecest i�Borrower:� 1f all or any part of the Property or a�ty i�;itest in it is � � �'
<br /> `�t�`t.,':;,..,.���?� _ • :, . .
<br /> �t': ' '''''�` � ` �;':���atd or tr�nsfened (or if a benefici�J intesest in Borrower is sofd t�r trans[ened and Borrower is not a trn.tu��l person) � '
<br /> _� r�,;t�s. � � , �.� '._.�, �_
<br /> :1R � ''r± •'"; '' �.: �vithout l.ender's prior w.ritten consent.Lender may.at its option.require immediate payment in full oi a�}stt.ns secarod ! :.�-.•
<br /> °�"�` '.'' � �;," ' b�r this Secarity lnstrus:rauC:.However,this option shall not be eaercised by Lender if eaercise is prohibitodb��-f�oderal law �
<br /> } �,� . . . � � �. ,- .
<br /> �k� r f�i�;, � � _� ,as af the date of thia 5ecurity Instrument. •� ; .;
<br /> ~ r ,,,�,:,„ � :,.�t��Cidcer eaercises this option.�ec�der shall give Bonower na��ecaof acceleration. The rraedaeshall provide a period �
<br /> ;��_ ,;�S4xt : � .;' '�'�a�te��7�n 30 days from the dat�tl'�.,e notice is delivcred or mai;zd within which Borrow�rrrs►VaY al!sums secured
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<br /> -_�'=i�a;.,::.,.,�,� �
<br /> v�,,.,,��,�,,.,,�r, � ' �y t�iis Security tnstrument. If Botrower fails to pay these sums prior to tha e�xmtion of t3u�s�criod.Laac!i:t may in e �
<br /> -- ''�'t'�;.;;= � any remedies permittod by th9s Security lnstrument.witl�out further notice oa��e�rn3 oa�arrpwer. �• "
<br /> _�--.__�i� . . . ' • � i
<br /> `� BY�l'C•NING BELOW.Bonower accepts and agrees to the temns and covenanu canta"�er,.ed`in ttris Ptd:�;;�table Rate �• .� .: ' .
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