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<br /> ' MOIR'E�Y P1�1f�IT. THEli1aTE L1MNT�'T1��M0[1NT'Tt�00lMIOwYEl1'i iKT�'�MT�CAN--�--�-,-- -
<br /> , i:HANCiE AT AMC,OME TI�AIID'�MA�IIMIIM RA`'�T1��O�O�Y�ElI.MtIdT MY � . �
<br /> . ADDI�O[�I�►LaOV@IAAtlS.Y�ad�tios�ofLeco�eiw�a�dsp�ea��M�deir�le3a�itri�Me�e�t;HoRO�ets�di�edec
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<br /> � A. .Il�i1F1tB1TitA7EANDMQ�N'if1L.YgA�Il1/�RCBAI�IOES �� • . . , <
<br /> - lyeso�ep[oyidesfaraa�itLi�eee�t�d� . 5.700 . '�r.Z'�eNa�ept�avidesfac�m�esi�t�eiw,ae�t
<br /> i�candtie�!'P�j�eal�„a�foII°'�nr - , • .
<br /> i �I�TtG18ANDMOK1fQ.YPAYMi�NPCHANGES .
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<br /> _ ' '1LeiMeiestr.�elwmp.3►marc�ea.tlesacdsyot �7ot.4 � ,199a ,a�do.mcasytvay6d�� ;
<br /> diadeatla Padd�tean�m�r�nlaoduld�isdieda'tbm�eDaie.' '
<br /> -- (B)Thetodex . � • ' . . .
<br /> • Be�w�tth9�efiatclmae�at�.mi►intaestrate�rillbeh�sedmaalad�ex.Tbe'1nde�'iaWew�eetlyauctionavaaae
<br /> '� (iavc�mcut)ar f�mooth tt�a�tybills.sa md�availablaby tba Fedetal Rese�ve Ba�ed 1be moet ieixatbdac fi�e availaWeia of tbe
<br /> =- . due4Sda�rsbd'ae�eacbQm=eOateisc�lledthe'C�armt�adwu" - �
<br /> ,_:,;:� Ittbe iadWC Lsno Iaaaaavailsble.tLel�Tote Haldet��ill cb�ose in�►��fiicn is6e.ted oponoamqtabiefiofaem�tlae.lbe Nooe
<br /> HolderMtll jh►eme noticeof tbia ehoioe. .
<br /> -� Befazacb(�mE Dat�dieNataHoWeraillc�atltttmyAeN►iata�estnte ad8�o�� � Paoeats�ePuivta( a.375 74)
<br /> , an�Glureot Iodex.11ie Nae Ef�idawiU them muod tbeas�[t of tbis addiHon w tLe ar�est ooe-eiEhth dboe pe�e point
<br /> - (01Z3'X►).Sa�ect tn tLe lim5s�ftstedin Sectioa�(D)bela+v.tl�fs samded amo�t w�U be m�►n�►iat�t rate mdl tl�next Qmae Date.;
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<br /> - ,,:, amexpoetedto owe u tbe Cha�ge Due in�r:Y on the matm�tg dau atmy new inter�tnttm subsnadallY Wual P►Yments.lLe nsutt of
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<br /> � � f�{qICII�On W�bE tbC nqR�1'30YIl�Of Ll}I m011�j►pi�CIIl' . ,
<br /> - - . . �;i`:�. ���1�15 O�TII�CIC�R1LC�nECS . •
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<br /> �': - � �:�t T6e mtarestrita I am tequ�+cd to p�y stthc fitst Change Dau wUl nat be gnaterthan 6.45' 0 96 ot less tlna �•950 96.7Lera
<br /> ' � aft�my inurestratewlU�re�be�dor decirasedoa ariy singte Chansc Date by more th�a 3/� pe�st��epotnts A.750x) , -
<br /> f' ' . :. ,� ` frae�tbe tate of interest 1 Lar.e tr,c�P1Yia8 for tLe p[�ecad�.agsix moaths.My intarst tate wI11 a�werbe geater t� 10.70ar. .
<br /> _ ' (E)F�ective Date of C6aages
<br /> . My now interestnu wi116coaa�e e�bt6�e on each Change Dat�.I will psy the amotmt of my uew monthlY paYm�nt besinnins oo the
<br /> . _ .. __..:.t:;;:,}`j_ titst moatlilY WY�at date after tase C9�.a�ge�9au uaHl the amo�mt of my montblY PaYa►ent changes asain.
<br /> . .. ... ,:-:�,s:;,:;`.:
<br /> (�Notice of Changes •
<br /> '�;:";:;;�•... .." �• . 'Ibe Note Holder wili d�1i�a csr mail to me a notice of any changes in my iaurest rate aad the amouut of mY��WY�t befaoe
<br /> ..'+'�.� �--.,;-' - .. 'the etrecHvedate of any cha�tge.'the nodce will lnclude information toquirul by iaw w be givea me aad also the 6tle and telephooe
<br />- - • -. . ',..;':::: �� namber of a peisan wha will answer aay qrr�xifln I may have reaardiag tae aotice.
<br /> ' . .''; B. TRANSFQi OF THE PROPEZt'iY OR�BBNFFICIAL W'IFRFST L'�i BORROWFR .
<br /> ' _ , tiaifortn Covenaat 1�06 Qce Sec•�Ity ins�ent is amended to trad as foilows:
<br /> ' . •! � �� 'Fiansfer of the properey cr a benefsc"sa3 intetest in bot��r.If aU or any pan of the property or any iaterest is�t�sold or traadetted
<br /> - . . . • { (c�r if a beneficial intetest in FSesenwer is se!d or transPetrcd and Borrower is na a nanval petson)wit6out l.ender.'s priatwritten ceoeeo�
<br /> - � Lender may,at its option,require immed9at:payment in fu11 of sU sutns sec�ued by tl�s Security inso�ea�Lendet also�hall not exet�cbe
<br /> ' E • ' .,•;^! this opdon if:(a)Botrower causes to be�au[ted to Lender informanon rcquired by Lender to evalu�tLe intttde4 traasieree as it a ay�v
<br /> . � lo�n wete beins made to�he tr�asfcne:a:,d(b)Lcndcr reasonably detetmines that I.zader's securicJ+w:11 notbe lmpaind by the lau
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<br /> �! � ' assumpdon�ad tLat the risic of a tveach of aay covenant or agreemcnt in th3s Security Inst�aent is acapta6le w Lender.
<br /> � � • To the exunt pemilued by applicab2e law,Lsndcr may chatge a trasoeable fee as a condidoa to Lendet's coatent W the lo�n
<br /> _... . . a�aupdon.Len�kr may also nquire the�Fene to sigo aa assumption ggneement that is acoeptabf�ta Leader�nd th�t obUSates tbe
<br />- . �, � , . traasfene tn keep all the p�om9ses and agce�nts made In the Note aad ia this Securlty lastrument HccroweewlU eondnue to be. . . ,
<br /> � = . obllsated uader the Note aad this Seciuity Iastrument ualess l.ender nleases Borrower in writ�na. . , " -
<br /> 's if Lendcr esercises the opdon to rcquin immediate paymcnt in full,Lcnder shall give Batrowernotice of acce�t:�on.7bc notice
<br /> ..• �' ��.- _-- ._: ^-.---_-- shall provide a perlod of aot less thw 30 days from the date�1w nodce 1s dellvered or mailed within whiah Boaower q�s1 pay all sm�s
<br /> =-- �.� securedby 1Lis Sec�uity 1�trument lf Bomower fails to pay thcsc sums pdor to the eapiraH'on of Wis pedod,Lender may invotce aaty
<br /> t�euiedies pttmitted by thls Security instrument without further nodce or demand oa Borrower.
<br /> - - - - . SY SIt}NING BEIAW,Bon�awer acccptsand a ta the terms and covcaant�wntainedin this Ad ble Rate Rider. °
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<br />- • . � . MULTISTATE AQlUSTABLE RATE RIOER-ARM rr2-Singls�amily-
<br />� � ' Fannir Mat/Fnddi�Mae Unifortn tnstrum�nt Form 3111/3/85 EG3033.(REV 03/93).
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