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<br /> � . . ' " . � : . � ��� ` AWUSTABI,L RA1'E tilDRR ���'��'�^� ` � .� � _
<br /> � . ` ' . ' tl.Yat Tre�iy'tM�c-rR�le C�-fkM RNe C«nw�t�1My4 � ,
<br /> . • � < � � . . . ,
<br /> � ' �TH1S AD!!1S'!'ABY.B 1tATB RtDBR b aade tl�is � • d�►ot. • �
<br /> , � �4` ..na is�cora«•ce9 l�o.sa�16e�aeanea�t$�aeae n�a tbe�'r�=ue�,d or Tr�t � .
<br /> or ��ity Dad Ethe"Se�wdty taqrMmeat•')oi 1he�rame due�n.b�r t1K�wd�(i1K••8oaowa+h to reauc
<br /> . Soi�owa's Adjwtabie Rate Note(ebe'•Note")to � _ �
<br /> p��y �� � � _(�he'.'1.e�der"I ot tAe .
<br /> srme date and oovai�`a��piop�atr�d�acribe�in�S�CCUrity tmtrwneat aAd Iocated M: �
<br /> . . _ .c�
<br /> � , 3028,li t70LL�GB OR1111D ISLIIMD: 1[�. 68803 , '
<br /> lr+a��A/i��W
<br /> n�Na�caHr�s pnov�swNS a�tow���s�t�.�sr rti►�
<br /> v . . AND THE MONTHLY PAYMEI�rf.TNE NOTE LMMTS THE I�MOl1NT THE�OR110WEl1's
<br /> '�� _ADJUBTABLE MRERE8T pATE CAN CHANOE AT.ANY,QNE?NME ANO TI�IE MAX�IJM
<br /> RA?E'IHE BORROYYFA MUST PAY.7!�IIIQTE ILLSO CONTA/IIS Ti�OP�ION TO COMVERT
<br /> � THE A0.lU9TABtE RATE�A FlXED RATE. ��
<br /> ADORIUNAL COVENAN7S.tn additioe to ti�e ccraants snd a�eaea�ts made in the Searrity in�trwnent, " ----
<br />_ Sorro�we�aod I.ender fartha covenant�nd yree�s[oQoar�: � . --
<br /> A.AWUSTAdLB AKiE AND MONTHLY�AYMENT CNANCLS ' . _--
<br /> Tbe Note pravldes fa�n tdiial iMaat rate ot �.0000 . 9i.Tbe Nate povtdes far dau�a
<br /> -- in the adju�sbk ineaat rate uid tt�e moatht'wpmena.a=[ollow�: � -___- _
<br /> � 1. AWUSI'AS1,E tNTERE91'MTE ANU MONTIILY lAYM�1!IT_CHANGES • '��"�-
<br /> ��--.
<br /> � - .. . . ��:;�.-:
<br /> IA)Qn�e D�ta I�_��.�.-'_�*_"~'```^'.
<br /> 77u adjusubk intecat rate!wiU p�y msy ch��e on tl�e first day ot Febsuary� , _�
<br /> - Y�� 19 95 .nnd on th�t day every 12tb monlh thera[ta:Ezch date on�vhkh my�dJu�wbk intaat rate couW eha�e �. �w�
<br /> r�,=":°"��' b c�tted a•'Ch�nse D�te.•• . 'r � �-
<br /> ��,�-�.
<br /> '' , (0)TMe INia� ��.
<br /> - "'����� Bejtnnins with the iirst Chan�e Date,my adJustable interat ate wi116e b�sed on�n Indea.The'•[�"ts the �--_
<br /> . weekly sversae ykld on Uaited St�ta Treasury securitia adjustai to a coauane mseuctty ot 1 yar,as made taitabk �=
<br /> � ;'�=w°-_--�-
<br /> `' ,it�r.�'_': by the Federal tteserve Board.'f Ge most recent indeac tiaure avaiTsbte as of the date 45 days betae a�ch C'h�n=e Date , ,;�,�"'�.:
<br /> -',�f,�'��' .� ` � pqed the"Cunent Indea." :���.�:?�'����
<br /> �'•� �'�`-"� ' � lf the Indeu is no lonaer availabte.�he Nots Holder witi choose a ne�iurdes which ts based upon cornpsa6le ��`��` =-
<br /> ; ��: �.,-_�•.._ �_. � � �.
<br /> '` '" '�'�� � " .` informatton. The Note Holder will give me notice ot tl�is choice. � �"'-
<br /> '�i�`i(,r:::- - ��; : � : ,,
<br /> :il. .., . . �' � .' . �•
<br /> �-,�•- . , ; . _..
<br /> : ,m :�,:-.;:,..�� (G� Gtcut��lo� o�C�aa�a , ,,. , .ss,:.�:
<br /> �.r ,.��'��`���'�fi; � Before each Chsn=e�ate�the Note Hofder will ca1cuT�te my new intass�nte by addin� ��•'���`�•` �'�`A
<br /> 2.7500 `':.`';, �
<br /> 'i ��zT�:`",�:� . • per�centqe points( �.7500 •�ij to the Cnrrent Inde�. 1��;?;;;° , " .
<br /> ,. ���:�:;;~;::;'� � Tf�e Note Holdu will then round the rault ot ihts sddition tv ti�se narat an�ei�hth ot one peraantaje point(0.13S9f►)• :•:s,,•°�';.,-...: �.t�_
<br /> � '•,�;"�,�''='� } `�''` , _ Subject to the limitt:htod in Sectban<(D)below,this ro�cnded amount wiU be my�inte[at rate andt the aa� : �
<br />:;` �"< :'�. ���` . Ch�nEe Date. �: �;.
<br /> �.� t,,i ., � J� - The Note Holder wIll then determine the amount of t�cia�nt6ty psg�e�e that�d be sutttcknt to rsp�y the , � � _
<br /> .ti �R ,-•� �,,_...., �
<br /> E � :,�,:= _ . unptid princip�l th�t 1 am expected to owe at tfie Chan�c iDate in fuli a+ca�neatucc¢a date at my ce�r interest rate � ��. :;�'.'.
<br /> _- � ��;;:; •:.c. , in�ubstantispy equsl paymenta.'�'he rautt ot this eakuiatr�witl be tdir�ar+r�uucoo�&�i my month(y paymm� � � : ; �
<br /> (0) Ua�tb oN I�tcral R�te Ch�N�a � �� � ����''�
<br /> .�F'?`,;yl � r . .�r.__.
<br /> , ` �The interat rat 1 aira�r.v pay at the(irst Chm�e�Ce will aot be trc�ctr aT�c : 6.0000 � � �; _���4
<br /> ---;� �.:,:=- .
<br /> �`��;.���," . or las than �'���� ., .�' 96.Thereafter.my adjusta6k interat rate wvl�ever be incrased or deerased ;,,;}... ����--�
<br /> � � 4j.. . , •�_.
<br /> '��;�:::. on tny sin�te ChaRte Date 6�rir�:re than two percentase points(2.096)t�ccn.rt t � intecesll have been p�yta� l��,,;�,�4.; ` .3=
<br /> ,�... ��l�tQ� ;(.. _.... . ��
<br />_ ' ,# for the prccedin�1Z months.!►tyr�terest rate will never be sreater than 9fr.whkh is calltd `
<br /> �� `�{�:��: tht"�+laximum Rtte•'. . C� ... : .,�''�:`,
<br /> ''.` . (JEI+EiieeNre Date of Ch�n�d _. .
<br /> My new interat ate w11t become efi'ective on each Chanye QDate.!wilt pay the amount of my new monthly psynoe:i� ;
<br /> - be{innin�on the tirst monthty payment date after the Chanje Date untit ths�tnount ef my monthly y�ymenl chania i ., �
<br /> — a�in. . . . F
<br /> t� Notke ot CMa�a � . '� j : . . .
<br /> The Note Hoider wifl deliver or maii to me a notice o�any cha+�=es in my�Jjas�abk intsreal tate and/he am�.nt f �.: �� �--� � .•�
<br /> ot my monthly payment before�he ettective date ot any chan�e.'Fhe naice witl include inform�tion required bjc E�w � � � '
<br /> to be siven me and atw Ihe�itk and tekphone numbe�ot a person who wiU�nswer tny question 1 msy have rept�din� ; • . •. _
<br /> �he notice. ' t ;,' .
<br /> s.F17�FA INTEAEST MTE OP'f'[ON �
<br /> . E .• .,_.,. :.: _
<br /> The Note provlder tot t1+e Bonower's optian to convert from an adjusubk iaterett nte with intera!rate:irir�ts i .�. ,�� '
<br /> � t+o�fized intaat rate,u follows: E � �`,-. �
<br /> S.FIXE:D INTE1tEST 1tATE CONVBN$!ON UTTI�DN ' ' r :: - ---..--
<br /> . � �A) O�INN N CMfeN 1�F4ei Raie ; �. .. �
<br /> t I��re�Coavettlo�Opion that 1 an exercise unlas!sro tn detault or tbb Section.S(A)will noi permil.me ' i . , .
<br /> � to dp�o.7'Le"Ca�ver:ion t)plton"b mf opttion to convert t6e iMerat nte 1 am requircA to qy b�i Ihis Note from 1:;;:_ •.�_��,� . .
<br /> � a�djwlabk rate wkh iaterpt ate limks to the fiued nte eakwlMed widtr Section 3(9)6elow. . �. .
<br /> : .. �
<br /> . ----------- -- -=�c�vei�a#:r,�ao�r:�te��ceo�:ds:e(:�s�attteals�cehet�laet�tdad��llx�al�ba�s� �j= � _ ,`. -
<br /> tt�e tint Chae�e Que�hd endiu4on lhe Afth Ch�nie Date.Fach dNe op whkh my adjuq�bk iatera�rate e�a conrert ��� .
<br /> . • to Il�e�ew tixed r�te ie qped Ihe••Conret�ion Oate:• . . °-� � �
<br /> MYl11iTAlE�bi1MTML�M1f 1�1–AIMI lLl�l/�Y–SIn�i�nMl►–hiwb M�i ibi�w�w I��f �i1 t�y7AI �-7� ' -
<br /> : � �M�1 M��111 � MUf10111fA0r�dM1t•qbqqlH00�IIIM�:1'f1H • - .. � .
<br /> ,� � _ _
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