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<br /> � � ADJU�TABL��AT��UER . �a"?�69 ;`
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<br /> ,'11II3�►n][is'�'AatE.IU►�t�e�IDOt r s.ae�hit 3,prS d•r d �. t�c�. 1993 .•od i��ooep�ated i�O..a,i�tl
<br /> . be doeared w asead misu�piemebc tbt Ma�tp�Deod vf 71ro�t aSaat�tjr Deed(�he`Sa�rigr I�tume�'y d�e�me d�te�vea b�►
<br /> tbe unideni�ed(t�a"BmqMe+��o sxt�te Bot[o�nr's AdjarC�ble Rale No�e(�e'Na�e'to
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<br /> ' (t6z'Lmde�d�e sune due aa�co�aias thepeopectydes�,rlbedin the Searity Instnaieata�bcatedu
<br /> : : � Z33Z V�Lxi�'. QI�llO I�. ]E 68803
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<br /> __,____. --------- ::r,-=_.r.�E . . - � -- - �Iii�f3 i�7i�-f�i'i�IfiESiii��ii� cn -�l3�=�"!� _
<br /> M�MTHlY PAYMENT. THE NO'�'E 1lMlTS THE AMOUNT tHE BORROWER'S fMEfiEST RATE CAN
<br /> ;. CHANGE AT/WY ONE'FIN{E ANb THE_MIIXIMUM RATE TliE BORROWER MUST PAY. � �
<br /> � MDIIIONAL C�OVF�TANTS.In ad�tim to the coveoantsands�ts��de in tT�e Secarity I��Bo�rowea ard l.�eader
<br /> firt�c6veaaataadiaseasfolio�-:. � � �
<br /> = A. IId11RBST RA1�A�ND MONT�ff.Y PAYl141�YPC�ANGES � `�.`.`--::'�, , _-,,:�_-
<br />_— lbanotepcavldc�farmLOitiali�eeestnfeof :�•;:�.700 ' '.�.�Notepeuvi�esfar�iatheiatarst _
<br /> = . ttteaed�diemantfltypaymeatr,asfolloavx � , • , • . `
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<br /> - 4. Wl'PRFSI'1tATE AND MONI�II.Y PA3iD�YT�: i�?�'`„`-=_=',-
<br /> (A) C�taEel�tes 5:::-; . . . • ; �.' '.•::� � � `�:.. . . 1(�h -
<br /> _ 'tlieinteresttue�w�l�►ymaycLanEeant6e�.�graf .-�;a7Q+F'� . �; ;,� ,199� ,aa�taar3��3sy�waybtltmanth `: ci��,"
<br /> . et�a e Ls cailed 'Eliau�c,�ate."� aa'E , ��
<br /> � th�a�R�Fsc6 d�De i��fiicb�inte�sstt�i�cc�13' � ,a ":;'. �
<br /> (B) '1��`�' :.: . .: : .. . ;: ` :�.'�`. �:� �
<br /> '= �S�Switi�$�fi�r����m3►inrerestntew�'bc�asedoaanlAdex.'1Le"Yn�x°iss8csveekiyauctioaaverago .� �hF��;`�1;.�=
<br /> - (inve�xnt)ua�a�i�b�;asm�deavaiJsblebytHePedet�lReserveBoard.'I�e�isce�i7n3eafig�u�eavailableasof�6e'�` '�hr;:�Y ��'
<br /> �,, d�te45dsysbefin��ea�rEeC�,a�e�'ssealledt�e,°Gute�tladex.° . . ��rk�� ��--
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<br /> � ff tl�e�adcaa�s��etsv�'tgtl�e Nate Halde�a�lchaasc snewiadoa whie6 is ha.�a�pa��omp�a'610 dnfoimatian.T6e l�ax `. .t��,�,ys,,a� _
<br /> � � is `• �Aoldes�dg�reCOetic�iCeoftlusclt�iice. , . .,. .. ' ' �,`jF�;r`n'��' _
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<br /> ' � " ' Befare each t�an�e D'ate.tl�e Note HoW�a w�lcalculaumy new intecessaase by addinE ''�x�nis8�Po�nts( 3.375 96) v��,..s'��.3,�,,;.
<br /> ;,�< ;,;.;;<,,.`i;,�,� :_; tolheCturentLdex.T]seNoteHalderwilltheara�dtLeresultoftbisad�uvatothenearestono-eig'�m�maepet�centagepoit�t �'r•'�`'.
<br /> .,�y'�-'_ N1Z5'bf Subj�to tbelimits stated in Sectioa4(D}beiow,Wis rawdedamouatw�i 6e myaew incc�trate�til thcnextC.twuge Dace�. '= �`
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<br />_ • ,,S , ;..•,� 1be Note Holder wiil then detert�e the amo�nt of the monthly WYment t h atvr o u l d b e s u t�"icieac w�+epay t L e un p a i d princi p a l t L at 1 _ ..
<br /> :�:•��_ _;: -.; .
<br /> . �n expectul to owe st the Claage Date ir►fuU on tbe maturtry datc at my aew interest nte in sui�taadaltY eqw�l payments.'Ibe result of �
<br /> J;�� �� ' this calcuktioawlU be thc new amouat of my mouthlY P�Y��� � . `
<br /> r'T�:.' _• . ' (p) (dmitt on Intet�cst Ratc Changes . �
<br /> . � � .
<br />- ':�,. '•. , ;
<br />= ' '• The interest rate 1�m requircd to psy at�he fttst Ch�nge Date will not be�tatut tLaa 5.450 5fi ar less than 3.950 qb.'11�en- ; • �
<br /> ' � �� ' after,my intetrat nu vrlll aever be incrc�sedor decoeased on any sinale Chanse Date by mooe tAaa 3/� percenmge points�0.75096) t.
<br /> . :.�-�; fram tbe rate of iotee�est I l�sve been PaYinE for tbe pecedina si�c months.My inttt�est nu wUl ncvca be grcatcr than 9.700 9b. � • � .
<br /> . • . .. t (� Fffective Dau olC6�nSes C ' . ..
<br />_ • • _- My new inter�e�st nte will becoma cffcctivcon cach Change Date.I will pay the nmount of my new monthly paymcnt beginniag on thc �
<br />- '( .. . � �� tiist monthlY payment date after the Changc Datc until thc amount of my monthlY payment changes again. i� •
<br />�� � • ' (I�Noticxof Chanaes ' � '
<br /> � 71�e Note Holder wiU deliverar mail to me a nodce of any changes in my interest tate and tl�e amount of my monthty payment before ; .
<br /> .� - ,,,, the e�'cctive date of any change.7lie nodoe wil!include information requited by law to be given me and also thc tiUe aad telephone �� � - � ;
<br /> . - ,' "� - -. .... aumbet of a person wlw will answcr any qucstion I may havc ngardiag thc nodce. , •• .
<br /> - '�, .., � ' � B. TRANSFFR OF 7I�PROPFRTY OR A BENFFICIAL II�7FRFST RV BORROWER ' .
<br /> ;-�':�r _ , Uniform Covenint 17 of tl�e Security Instrwnet�t is amended to nad as follows: �
<br />� •`�. :�. TransPer of the
<br /> , � ^�: . ptoperty or a beaeficlal intenst in bocrower.If al!or any part of the pmperty or any iscerest in it ls sold or traas�fctmA
<br /> .
<br /> , � � � (or if a beneffci�l intctrst in Bo�rower is sotd or transf'en+ed and Borrower is�oa a natural pe�san)witha.rc�endcr's prior wriuen co�;c��
<br /> ' . Lender msy,at its option,r�eqiuire iuuaedlate payment in full of ait s�uns sec�rd by tbis Sec�¢iry Inswment.Lender also shali nos ex,�:ise
<br /> r,.!�: r. . ihis aptioo if•(s)Bamswer causes w be subadtted to t.eedcr informatioe rec��ed by Lcnder to eval�ate tLe intended uansferte as i�a�sw
<br /> _ lo�n were beinE made to the ttansferee;and(b)I..ender reasonably determicnc�a�at l�ender's security wijt�oe be impaircd by the loaa � . �
<br /> • �' . - .
<br /> ;, • atisumptlao and that thc rlsk of a 6�cach of any oovenant ar agreemcnt in thYs S^.curlty lnstrument is acccpra9te w Lender. : ,
<br />- ,�• ' • � To t�e exteet permitted by appllcabtc law,G�eatder may chatge a re3sona6;e fee as a condition tn Lcader's canscnt to the laan� . •
<br /> ..�..- �-.�------�-' -•--- �ssvmption.l.ender may also nquite the hatt4fetee to slgn an assumpHon agreement tLat is acceptabte to Lender aad that obligates the . . �
<br /> tnasfet�ee w keep all the promises and ageements made ln tl�e Note and in this Security lnswment.Borrowsr witl continue to be
<br />--. . obUEatedundetthc Note and�his Securiry Iaswment wilesg Lcnder reles�.c Botrower in wriHna.
<br /> . �' � ULender exercisesthe opdon to require lmmediate paymeat in futl,l,ender shaU give Bartowet notice of acceleration.7he aoticc '
<br />-h�=.. _ .. _ abalt provide a perlad of not less than 30 days ftom the date the notico 9s delivct�ed ot mailed within whicb Borrowcr must pay al)�tms .
<br /> �� � • : aecured by th9s Secutiry lastr�ent If Borrower faiLg w pay these sums prior to tLc expUadon ottbls pedod.icndcr ma}r imokc any j �
<br /> . " . nmedIespermitted by this Security Lnshvment wlthout fiuther notice or demand on Borrow�er. ' ?
<br /> -= `- `''=;`� - BY SI�NINti BF�qW,Boaa+r-,�ee accepts aud agtees to We tet�and coveaants co�ra;ined iu ttis Adjustabte Rate Rider. ',:. �
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