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<br /> � ADJU8TABLF RATE R1D�R ���-i��•
<br /> . • ' �� r..r r�w.�nr ww.�• �aM. c�a�) ��—�'��3
<br /> .. �ra�r,�et�w►�no�t�.�,.d.uw ii dn,a,�•w,L..� —, t'a�. ,�
<br /> Is Y�ooryonMd kHo and N�b�dMnMd fo�nwnd�nd ruppi�n�wd tM Mort�9R�d�nnt or�ou�N�r[f�d(lhs'Ma�►Inw��w19
<br /> of 1M wrrl�d�{�BvMt bY tM u�d�aipnad Ilh�'don'ow�r')to waK�Borroww'�Adlwt�hM NN NM�(NN 'Not�')b
<br /> _ _ ----.- (th Le' endet')of tM�d�N�nd covMlnp th�propNy d�sa�ud In qw MarkY M�twrwn�nd ba�Md�A:
<br /> Onnd •' _'J .._�..__L_l��A�
<br /> I�aa«e�"wl
<br /> THE NQT� CQNTAlNS PROVISIONS ALLOWING FOR CHANOE8IN TFIE INIEREST RATE
<br /> AND THE MONTHLY PAY�AENT. THE NOTE UMITS THE AIAOUNT THE oORROMIER'S
<br /> INTEREST RATE CAN CWWCiE AT ANY ONE TIMB AND THE MAx1�AUM RATE THH
<br /> BORqOWER MU8T PAY.
<br /> noornowu.covewwTS. M aaa�uon�o sn•co,�.n.m.and+a«m.��m.d.�n u�.s.a+�+�►u�sm,m.n�.aoROw.�ana�.nd.r�xu,«
<br /> - - cov..Mnt.na.p....rotow.: — -
<br />"r:��• A INTEREST RATE AND 1AONTHLY PAYMENT CHANOES
<br /> ;',,� Tlut Not�p►wW�a tu an init�l intrest rat�of 4.2�0 %. Th�Not�provWu for chanpss in th�int�nu�at���
<br /> .�, mootlYY P�Sm�nt+�as folowr.
<br /> 4. iNTEREST RATE AND MONTHLY PAYMENT CHAN�ES
<br /> (� C�� �� Msrah 1995 _..nd on that d�y
<br /> Th�int�rat►at�1 wfM p�y may chu�pe on th�fkst day ot �•
<br /> ' evwy tw�lfth(12th)month thr�fla. Each d�t�on whksh my int�t ab could chanp�b c+iwd a Ch�nye D�t�'.
<br /> ,• (B) Th� Ind�x a,uniad
<br /> '':;7. BpNninp wUh th�Ilrst Chanq�Wt�,my Int�tstt nt�wW !»b�s�d on an Indat. Ths'Indut'is th�monthly avKay�yidd
<br /> � t� � � � � r as rn�ds avaWabla by tht F�d�ral RKarv�Boud. The moat r♦
<br /> . ��. - �stcs Tr�ssur;sccudtl�,ad,uslcd!o a constant maturfh�M!+n. ��YM. .
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<br /> :;�.�;,., � f• •: cwnt Indoc Npun avaYabl�as of th�d�t�fary-flve(43)daya befon oach Chanpe Oate Is c�M�d th�'Curnnt Ind�x'.
<br /> ' . �'��'�""'' Ii ths Induc la no Ion9er Avaii�ble,the Note Hold�r wUl choos�a nsw Ind�x whtoh Is brsed upon comper+b�e inlomwtlon• Tne Nott
<br /> .:r�:•.� ..,-
<br /> • • .;«�;� �.i�.�.. Holder wW qHe m��otic�of this cholce. —
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<br /> ��' �� (C) C�Icul�tion of Chanpas
<br /> . �.:=i:.:;-:: . a:.:s. 2 490
<br />- BNan wah Chanqe Oate,the Nate Hddor w41 c�Icuiate my naw Interest rat�by adding _
<br /> � percentago polnts to the Curtent Index. The reauBs of this addition wiq be my mw Interest ate until the 4_
<br /> � � . .�: ,� aext chanye datt. SubJect to tha Wnits stated In S�ctlon 4(D)bNow.this naw amount will b�my naw intarast rat�until tha a�xt
<br /> .',. Ch�nye DaU. --
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<br /> � � The Nott Holder wW than dQtermine the amount of the monthy payment that would be su(flcient to repay the unpald p►Inc(pal tha!1 an _
<br /> : . :,,,=-,
<br /> � � • w�pected ta owe at the Chanye Date h full on th�matu�ity date at my new intarest nta In substonUally equal payments. The resutt of ihis
<br /> c��ul�Uon wW be thQ nw�v amount of my monthty payment.
<br /> (D) Ltmita on Intarest RAt� ChangQS 4-,
<br /> The Interest Rat�I am requtred to pay at the ikat Chanpe Date wiN not be yreatw then 6 280 x• ;�"�=_.
<br /> ��• • T he�eallx, m y interest rate wYl never be Increased or decreased on any single Change Oate by more then 1.9y0
<br /> ��"�=
<br /> , pacenuye pofntn from the r�te of interest I hava baan payk►q tor th�precedlnq twelve(/2) montha. My interest —
<br /> � nt� wlu never be yre�tar than 9 990 %. `"
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<br /> � � ; . (Ej Effectivo Date of Changes c
<br /> � :.�. . , My new interost rate wili become eHective on each Chenge Date. i will pay the amount ot my oew monthy paymant be{�innl�q on the c;_
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<br /> +� Cxat monthy payment date aft�r tho Chan9e Date untU tha amount of my monthly payment chenges aqaln. �,�`:`.
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<br /> (F) Notic� of Changos ���
<br /> The Nole Holder wiN deliver or mail to me a notice of eny chenges In my fnterest rate and the amount of my monthiy payment before ,
<br /> � ' the eftective data af any chonye. The notice wi1 InGude Intomwtion required by Iaw to be given me and aiso the titie and telephone .
<br /> � � ' number of i person who wAI answer any question I may have regarding the notice.
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<br /> _ t MULTISTATE ADJUSTABLE RATE RIDER•ARM S•2- s�o�^ca�r,��r-Fannfe Mae/freddle Mac Unitotm Instrument �FFL Modj 3/B5
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