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<br /> . , _`: TI�N�1'E OONrAMils�1101Aa10111�AI�I.OMIMIIO EOIt C1IAMOES�i T�MITEIE�T RA'�E
<br /> ' AI�77�MOMl�lt.Y�AYIIEK�'1'�lI�TE L�AIT:TIE AMOIJNT T!E�OMOM�7t'f`
<br /> � � �'1'B�tTNATECAMCHANOEATANY01iET1A�ANDTHEMAXMJYRATETtErOlt-
<br /> � � � lIOINEl1 MUST PAY. , ' - --
<br /> �. wnnrrioNwi,covEPiM1TS In aadiuon c8 tpc orn►eaanrs aad sarame�ta maae in rhe sav�icy�n,a�unomt, � '�``'�
<br /> - Boc:owa aud Ixadet fuetber oavensnt and apra a�fdbwx . ' . �
<br /> � � A.I1.�T�T�A'j'E AND 1HOP1TfII.Y rAYI1Q�.NT CHAN�EB - .
<br /> ' TlyeNotepswkle�faaniniti�liotae�trueof�.750 �.7rieNateprovidaforcl�n�eriutbEit�taatrattaodtLe .
<br /> ,� ��Y P�Y��.as folb�vs: � . . ,
<br /> 4.INTERFST RATE AND MOI�FPHLY PAYMENI'CHANGE� . ` :.�. '
<br /> (A)Ci�e 1lates . .. �,.
<br /> � Tbe interat rate I w�l pay m�gchanae on the fiiat day af JANUARY ,�g95 ,aind on that d�y
<br /> every 12th month there�fter.Fach date on which my interest rate could chaage h calted a"C6wge Date."
<br /> a` t�)T�e Lies: .,
<br />:`s He�nnin8 witb the first Ctsange Date.my interest rate wHl be bnsaf on an Index.'The•`Inde��"is the�rrddy! .
<br />'-` -- ava�ey�eld on Unitec!States Treasuiy secuaties adjustod to a oonstant maturity oi-I yau.as wade av�ilable�S --_--�--
<br />- - � the Federal Reserve Board.T6e most recent�figtue available as of the date 4S days before eacb Change Dstc,
<br /> - �is ca�kd the"Current Index."
<br /> � If the Iadac is no tonger availabte�the Note Holder w�l choose a new inda�whfch is 6ascd uyon comparabte -
<br /> ` �„�- �. ' ° informatton.The Note Holder will give me nottce of this choice. e=__
<br />• ,.-_ ,,�.; -
<br /> •�``` : `.�f'�,•� (�Cak�htio�oi CYs�fes � �` --
<br />-� '"�-� . ��'r.' Before each Change Date,the Note Hotder will calculate my new interat rate by adding � �"`=--- '
<br />� "- F's'�`„Y,ri�
<br /> _�: _.�. •�.
<br /> - ; ,� =•. �_� percentage points( 2.000 7��to the Cunent Indes.The Note Hoider w�l then round t.
<br /> ` '-R��=`� ' the rault of this addition to the nearest oae-dghth of one percentage point(0.1259i).Subject to the limita statod 3��"'
<br /> � .. ,.�,;,��
<br />� �w.,�.n.:�:�::.,��� ,r in Sa�a 4(D)below,this rounded�amount w�l be my new interest rate until the next Change Date. ��:�: T,
<br /> `�%•-�"�'` � � �r,; �, '�Note Kolder wdll th��determiae the amount of the monthly payment that aoWd be snfficient w repay =-
<br /> . ��� �� • • . the wrpaid principat that f aa expected to owe at the Change Date in fuU on the maturity date at my ncw inlerest ,`'..�}
<br /> ; - � , rate in substantlali}e�sal pay�ents.The result of this calculation wUl be the new amount of my mQnthiy payment.
<br /> °ti�'`�� ���, �,: � _ `�_
<br /> '��::�,;i�,,;�,:,: (D)Limits os Istereat lt�s�'bseaes ;.,�:.:i``
<br /> r.-:
<br />'?::. .;•�'���'%'``t;:�'r;"'' The interest rate 1 am required to pay�i the fust Change Date will not be geater than 6.7 50 ni or kss than < .
<br /> ' ..,;,.l�.l'`.;'.;,t�. . .
<br /> �. ;�,.; 4.00 °1..Thereafter,my interest rate wiU never be increased Q�decreased on any singte Change Date by ,
<br /> �-'''�; more thau two pen�2�gt points(2.0�/i)from the rate of interest I have bee��aying for the preceding tweive irtontt�s.My
<br /> � ' ;:;i`''�;;;�;, interest rate will tr��:'be grea2er than 9.7 50 %. � ..�
<br /> . .:�.:, �'•
<br /> • ';?;��' "• � � QE�EttecHre Da1e ot Cianges ,
<br /> 4. � . ecH �� � .
<br /> • , .� . �� My new iaterest rate wi13 b�,.�ome effective on each�CS'r�ge Date. 1 will pay the amount of my new monthty
<br /> �, � '��'•.,•��.; �paymeat beginniFag un the t"ust maaalely Dayment dute after iF:e Ch�ge IIate until the amount of my montdly pay .
<br /> ;'",`�'• ' .�' •ment changcs again. .
<br /> ��.�'`'.�,��,�,;t;: . ' � (�Notke ot C�a�raes . ' • :,
<br /> ' `'`"''' The Note Holder will de�ver oa mail to me a notice mf any changes in m interest rate and the amount of my �
<br /> •.q�s,.;,:�r;;•�::.:;,.� y
<br />--- ' ''YI'��;�:�� °� monthly payment before the t�f:sti�.�e dat.of any ehan e. The notice will include information requind by taw to �� �j`
<br /> �•�•e'i�: p �
<br /> l ti ..�i7�!a l� �'.• . � (, .
<br /> r`�r.��;::. be Eiven me and atso the titls and telephone number of a person who wll!answer any quest ion 1 may have regar d i ag ; .
<br />� .��''"` . the nodce. . '•
<br /> �=. ��' • .. B.TRANSFER OF�'i'HE PROFEltTY Q��t A SENEF�CIAI.IN'FERFST IN BORItOWER �
<br /> -- ''� ,� Lniform Cavenant 17 of the 5ecutity Instrument ls ameaded ta read as follows: � �
<br /> _ "r• <,".
<br />- .�;�t';•. Tn�fter ot tNe Proptrfq os a�eiettdal Ieterest in Eorro�rer.lf at)or any part of the Property'or any intcnst I .
<br /> = ���• in 9t is sold or transfened(or if a'beneficlal interest in Borrower is sold or traasfened and Fbrrower is not a natural �
<br /> �..1= � ! . ' person)without Lender's prior written cansent�Lender may, at its option,require immediate payment in full of �
<br />' �� - ��+:.-='�:== all swns secured 6y Ihis Security lnstrwnent.Hawever,this oylion sbeli not be exerclsed by Lendes if cxctcise is �
<br /> :� ��'•'�° �� �� • rohiblted b ftderal law as of the date of this Security Instrument. Lender atso shall ttot exerclse this option if: , �
<br /> �.:•__...._.... • ... P Y
<br /> r; ` °' (a)Borrower causss to be subinitttd to Lendcr information required 6y Lender to evaluate the intended transferer . �
<br /> ��=�:�,..���',�r':�_�* as it�new lo�a were ixing made to the transferee;and(b)l.ender reasonably determines that•Lender's security ;
<br /> �,�,.�:;;-,' � ' will not be imwired 6y the loan assumptlon and that the risk of a breach of any covenant or agrcemeat ln this Securi- ;�. . .
<br /> �j�"�� ty tastrumeet is acceptable to Lender. � �..
<br /> - -- -'"` •"�'"- = . Ta stte extent pecmitte�by spplicab2e la�r.leuder may charge a reasonable fee as a condition to l.mder's cort- ___..._
<br /> � ^`'� '� ': sent to the toan assumption.l.ender may also requ9re the transfuee to sign an assumption ageemmt that is accept-
<br /> . . �ri �
<br /> ' � '� '���`� abk to Lender and that o6ligates the transfera to Iceep a11 the promJses and a�rtments made in the Note and in s •
<br /> `..F: c��•�.�.�•�; thia Security Instrument.Bonowet wiU continue to be obligated under the Note and this Securiry lnstrument anless. ;; ,
<br /> ' ",,,``. Leada teteases Borrowu in wtiting:
<br /> 0'�1.' .��: , , - ' � ' .
<br /> _ti�.���.� �. . . .,
<br /> .�ti- . .y �-•
<br /> Mutmt���ouusT��u►Te wo�-�urr sz-s+�e c,mi�r-x.w.w.�r.�wo vd�a�r�nn.�.�r rw�.a»>an�
<br /> . . :);ts. .� --•ajjA��� Y61/IMOrtf(iAGE iOMtS�1l19Ptl3a10Q•IdO0t52f-129t .
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