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<br /> � . � pYarTes�eTltlalbOeCaR) , ,
<br /> . 1'HISADlUSTMLStA'R�1DEIti�mdetW_�_ . dU� Deces6er ` ' -!9 93—,
<br /> ' aed is iaporponted fato�ad�be deemed to a�aend aod wyplanenc the Mottp�e.Oee�ot Tna�t,a Searity Deed(tEe"se�vriqr
<br /> ' ' . .Iaq�'9 ottLc�ed�Stveo bY iLS.uadenlpd(tLe a8orrowa„�w�e Borm�rer'�AdJustab�e R�te NOte(c�e"Note'q W F�Y,
<br /> _ �ns.•. �vu�ea:8 LO�RU A�3tiC1ATiON OF{�iRAND tsLAN�MEARASKA(the"Lmder�ot tbe a�d�te and ooveliot t5e '
<br />_ prapertydt�a�OtdloteeSacurit'Imtr�aau�ad(ootedat: , . .
<br /> � � 2111-21IS W.. iOth St. Grand Is2and,•I�tS 688E33
<br /> � � (Propaty AB�a+)
<br /> =------=.-___ 1��a�i�aleeit�iwaa�wi�_,trr-eY�ety.Rl.iddet_nfe ui�I�aMh
<br /> -�-- � -
<br /> - — - — --- --
<br /> ._- --
<br /> �p�a�lr.11ts MIe�MM�tla tre a�wt 4 i�lens�rate as elwe at at:re tf�e n�-
<br /> . dw�e�trir�aMtit�alel�rt�l.
<br /> ADDIiiONAL COVffi�tANiS.In ad3iaon to tLe covemnu nnd�e�eats made in tLe S�tn�rume�,.Borm�a and l.ender ,
<br /> futtbaoove�ntanda�ee asfollows:
<br /> ' A. II�JI'FiEST�K[E AND 1VfOHTHLY TAY6�N'f C9ANGF5 , �:':;.,-�`
<br /> 'lbe Note ptavldes for�iniwl intenst r�te ot 4.875 ilb.,Sectioa 4 af t6e Note ptovides�g��to�es in tix iaterest ra�c and tAc —.
<br /> . moethy Pa7mmrs.as fdtawx , ----�
<br /> . . _ _
<br /> 1► INI�T RATE.�lND MONTHLYPAYAlENT CNAN(iES . - —_-
<br /> 'ILeintemt true w�lpsymtrchao�eonthefustdayof r�.+„sr� � .t :;1�;:;.�:=,,�udaatiQC�zs�sr � -
<br /> 12 � '. .. - .,�.: �--
<br /> mon�hstbereafca.F.�chdueoo.vhiehmyimaatratecouWchsa�eisnileda•'C�.+�e��`' .
<br /> � 71efMes • ; .,� . �_.:;.�.;�;�.;%.:,r' �'.:.'':;'.'.:, °",--.---
<br /> ,,. B�.-ti`--�'-
<br /> Bqinqin�withtUefustCh�nReD�iGmyiataatrate�llbebaso8onanlnde�.TRe••Inda••istLe�YaveraZe+�3onUa��tata . �.�'�.�
<br /> Trasury sewtIda abjastad w a coa�ttmaturitg of I yar.as made ac-.�le dg tlse 1'ederal Raave Boud.77x mo�t seceat tcl��r� ���_�,�=�_,
<br /> sv�itabkasottbedate43daysbefaee�C6�cyeDUeiscaIIcdthe"G��:• • . .. ��.��
<br /> :,.rr. _,.:-
<br /> .-�r.�__'�,..
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<br /> If tGe Lada�is ao ta�er ava?aWe,t�e Note Hotda w�c�aosr a t.�eVv'i�;s�ds is lused�on compasabk information.�Note -f:-,�;r--
<br /> I�Ioldet��ivemenotioeoftHuctpice. ' � • ..���3�`'k�°-�
<br /> , � ' ;`� , ,��K�
<br /> �� �K� � two and.one-half ,�'`
<br /> Betae ac6 Chso�e D�tbe 1�fiolder M7!�Icuhu mY new interat rne by addinj D�*°�� --_-
<br /> p�s r_ 2.50 �li)to the�i[adex aad mundin�to the netliat 1/8th of 1�Fi,subjat ta rlle�aiits state�!in Sactton I(D)Ddop. �r.�::=
<br /> 'lbis roanded a�oouat wDt be?�Yae!�am.+�st ratetwn7 tLe rxat Chan�e Ikta , . .. ;:. . " ..::�' .,�� , __�,��'��`
<br /> Tbe Note Hotdec,m'�cE��the amaunt of the moathlY PaYment that v�r3�_�ir�+r��~�'::s ie��i�££u�she pdncipal 1 am • %-�:�:<.--
<br /> :�:y=
<br /> expaetedtooweonthuC�,�4I��s�;."stand�YoqaalP�bythemat�rdaa3c��ue��irate.'tffeces�•itofthisr�tcuJatioa :��.,:.: _
<br /> , -��
<br /> vr➢Ibethenervamountofzay��a*[:[y"��.;�ent• , � . __
<br /> �> Il�i4o�I�lere�El4ee�s
<br /> . � �:��,' �:
<br /> The arterat rm L aar. :�-1:r�"io pay at the fust Change Date an'II not be grcacsr tlian 6.875 �•two�� :. d;<�
<br /> 2.875 yy,�-,�,�r,��rest raeewill aevu be increased or docrpsed on any single Change Erite by more than �_
<br /> . (2_(lo�)fraa the ras.:,,'�u�I have boa�psyina fos the D���B��ve months.The minimum intcrat nte on this loau�vill aever be •
<br /> 9.875 �`
<br /> .'���las tt� a�.:875—.-.+�►a�ct rY�e cr.�3mum Incera[rate will never be greater than 9.. �`�'�:.r��,;, r
<br /> ._- 1._,
<br /> . � � f3fietl�eD�k WC�a_ .• � • .r.:f,;>'�:r �•:
<br /> F °�;�;�.� .�..
<br /> H(y u'�r intorest rtte wili baome eftectire on atch Change Date.I vdil pay the amount of my new montAlY paymesst treginala8 on the first E . ' , ;'�,`' �-
<br /> . monthlypsymeatdateattatheChmgeDateuntilt6eamountoimymonth�ypaymentchangesagain. . � • �•.
<br /> ;-�-:•
<br /> (� HotkeofCM�s '
<br /> The Nat Holder�dil mail or detiva to me anotice betore wch Ch�age Date.The notice wiil adv�se me oL• ��. .,'
<br /> (i) the ne�v interest nte on my loanas of the Chanae Datr. . •° °
<br /> (if) the amouat of my monthty psyment foUowins the Change Datr. •':,;,�"a
<br /> (iii) aoy additlonal matters whieh the Noro Ha1Qer is�equfrc+i to disclase:azd ,
<br /> (iv) theaddres�ott6eauodationyoucouldcontactreaardiegaayquestio:sabouttheadjusimentnotia. ,� ��
<br /> i_
<br /> S,� FflARGffi;IdENS • � �'� �• ,.. .
<br /> Uaiforc�Covenaat 1 ot the Secudry Instrument i�unrnded to rqd as fuLs��; • ' � •
<br /> � I,(�;l,lew.Baaawa s1u11 pay all taxes,assessmmts.and other cl�arges.flna.and impositions amibutable to the ProDerty whlch may F " .
<br /> att�in a prioBty ova thliSavrity Imwment.and tasekald psymems olgoanA rents,it any.in the m�nner provided under parsjraph 2 hereof
<br /> . a.if not p�id 1n auch mutnet.by BoiT4Ka�fiakln8 p.'��n^_rt,whrn dae.:3rectly to the payee thereuf.Borrawtr shall promptly furtilsh L�eeder . • � , • '-
<br /> al!notio�s of amonnb dne w�der this t�rs�aDb.and ict the event Boct'�xr shall make payment directtg.Borrower ahall promDtiy furrQsb to �. , : ,:i�+�;.,j• '
<br /> . .:,.?}t,.,; .
<br /> LeidGC�elpts evidrncinpsuch�grsaa�Sortowu sxall yrompity�C:s.^'tiuge any Uee whlch has priority over thb Security irsar�ent; � `• "_'T,;,�:;,,
<br /> boweyar,3larrower shall a�t br re¢ctf.�.t�dixhar�anY such 11en so lona as Barcower:(a)sl�atl ajra in wrltini to the psymece,of the ,..., ..•':;,: .
<br /> oM�ption tecured by�r.l:e�in ttr�e�ur aoreptabtoav F.�der:(6)sha11 in aoad taitb contest such lirn By,or deimd a�aimt eaforcnnait of i � .
<br /> • w¢h 1!a ia.iepl DrooadfieW.rtiicb in�rie opia7on of Lender opente to prevmt the enCorament of the fim or torfeltareot the Prapertq or any ` �, :
<br /> prt thas�of;or(¢)ahall saure ft�im�hc holder of such lien an egaa'rnt in a fomi saHsfaetory to i.eader subordinaHna sucb lim tn•this �: ,�;;,;�fti�;;; ..��
<br /> • SUtlfilghMtrumen� . F ,..,,,;r';,;t•.
<br /> U XtuBer dete�eNna tAat all or aay put ot the Property is subjeet to a tien wBlch m�y�tWa a priaity over this SetvritY Iaruumenf, :ti��t`v:t,; .
<br /> i,mder a�ll Sive 9ortower o notice iQeadtyl�sneh Um.Boriower shaU satisty such tien or t�ice one or morc of the actions set forth abave �_.� _.._._'-• •� ' '.
<br /> wilhiaRmd�ysotthe$viniofthenatice. . . ?- .. . -.
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<br /> � C. A10�flC� • ,
<br /> lJ�Hat�Cove�tllottlaSawk7I�n�enebameodadWrada�foUo�rs: . • �' .�.• , �
<br /> • �I. PMrM.F.�roeDt far�of eotke iequired��PD�+UIe ti�r to be=iven in anMher a�wKr.(s)aay notke to Barowee provided tor in tN� . ,
<br /> • �IC�y]�f�l�[f�bfP�����tOf�fi�lt�fifltt{1N�i�tOBOf[OMlt�tt�6PtOQHtrA�fl�{Otatfli�lldthll�AQICf! ,�1-�'r. ' .
<br /> _._..__y�����bl�aa�ix ial.���!�tov2�!heselltt ted Id?�!►n4flee to,tendeT t1n18 be aive�b!1 fmat etsss nail to l,e�et'S . _- --
<br /> aade�M�oed 6ereu ab�o�het smrc�as teeder�qr dai�e by aodoeto Harower as Ora+ridea M�ta.Anpeodce Drovided tor in Uils i�+' . .' •
<br /> lkrriyleKt�wl�uYObd�e�edtolwe6mijireutoBortowuorl.edOerwLaiyt�mil►tlleluaoeetQ�teehecet0. . . '�.;`� _., � , :
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