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<br /> ' 'I�IIS AUIZISTA�i.��A'!�i RIDBR la made tdiv ]l�l' day of �RII+. 1944 .and is inaoipantcd tnw md e►fnll =
<br /> ' ��'' be deemcd to ameud end supplemeat tho Mcxtgage,Deed ailtutit or Securiry Deed(Qw°Securlty In�teument°)ot tl►e same date atven by
<br /> �_�"------- �` theust�asi�ed(th�'Botrnwer")to secun3�anorra's Adjw-tabla C3at�Nata(th�"t�ata")ta
<br /> _ �.;;::� . �il�CVIL�L��71TB�T �•N=--—
<br /> .. (the°Lende�"')of the sanba data and oovc�ing tha pmpetty desorlb�in tho Secutity iusbumsnt and l�catcdau ti�.
<br /> . _ � � . ' ;. �Oi T�1' Pt�. QtAI+D �Hf�as 1� 68801 i � _
<br /> . IPropwtl►AAdn*�� -—
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<br /> . ..� ' TIiE fd�TE�b(!!1'74l�1a PROVISIONS AWOWIN�FOR CHANGF.� IN fiNE INT�RESY RATE ANiO THE '�-
<br /> .--.:,...._. :,. _ �b 1 ,".w... _
<br /> ,�U"._
<br /> � . MONTHLY PAYMENT. THE NOTE UMI'P8 THE�1Nlt�UNT THE BORROIlUEF�'S IRiTERESY RA���1W .�-__ -
<br /> •`� � CHANaE AT ANY ONE TIME AND THE MAXIMUM RATE TH��ORROWER I!lIU6T PAY. -.
<br /> . � ADD1TlONAL O�YBNAMI'3.Id nddidon to the wveuants aad ag�eements mude in the Secuttty I�nt,Bonowet�nnd Lendea :,;,�.
<br /> �; �aca�enaatand agree as foUotv� ':'�'°='"•_
<br /> �' A. �t7�IRPST RA1E AND MONT�II.Y PAlf1�'C�flAt�� ,�'~�_
<br /> 'B�e ts�u pmvldes for aa iaidal jaterestiuvz m�t 6.000 4b.'the Nase��xs fmr cLanges in tlee intrea�+t �
<br /> rasxmmdt�emonthlyPaym�eaffi,asf�flDawsz . 'a.�,
<br /> ' • 4. II►�FS'I'RA1E AND M�:�TII7f�.Zl IPAYM�t�NII'C�$A[W('n� _-_
<br /> . QI�,)�z@�tss .-:_.
<br /> � TQee n�Cet�sruC¢I�nili 4my�nay c�enQ¢�!!ar ftesu d�q of OL'LC�4 ,1� � ,a�a�t�ic�ay�very 6th montl� A��:�._..
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<br /> tEd¢te�er_�daura v�av9�s�m�r i�u¢t¢st taII¢ooae@d r�ange is caUed a°C,6amge Oate." ' •�.,.�;`=_
<br /> . Ql�)'II'Ihs Ilm�ea �- �----
<br /> ��umia��vioDn the frst e�armge fQmte,my interest rate�vi�l�e based cm an Index.'Il�e°➢a�a°ns t�w��¢Et�y auctiaan avepaB¢ :,•;: w'�"'=—
<br /> (imves�o�ul)�b-amonth tr�eas►uar bi�Os,as made available by�,:Ftdual R�e Baazd.'It�x�nass mecem¢O�rac figure avaalaQ►le as of 4�e �:�: _
<br /> � dau 45 days before eurh Change DaLe is caUed the"Cuttent Iadex." -
<br /> � '�'�� If tLe index is no longer available�the Note Holder wIU choose a new itedex whlch is based upon o��ynatable informaBan.'ILe N�¢ - -
<br /> :,�'� NolderwUl give me noticx of this choicz. ' . _
<br /> (C�CatculadonofChaaBes �� � 8L(�!�
<br /> __ . . _ i"sefor+eeachCbangei3ate�t�seNoteHoiderwiIIcaicuiatemy�ewii►t��sti�byadr`.�$ �xzuata�tFaiassL �.3?s °.�) I . �
<br /> to the Cln�trat Index.'The Note Nolder w[ll tiaea a�muad the nsWt of tl�s addldon to the neans3 mans�iglbtha mS one perceatage point „ , �•.
<br /> , (0.125%).Subject to the limits stated tn Secmo�,�(CD1�below,this raueded a+��cnes wUl be my��ew imt¢m�-a n�ate unt1I the next CtnamB¢�te.
<br /> .. 1
<br /> • 'Y'he Note Holdet wiU then deterailae the amont of the�umtlily payment that would ibd�nziwt to tepay che wm+�e��cipal that I ��
<br /> , , aanexpec¢edto owe at the Change IDate in full on the matueit�r�^�at my aew iaterest rate nua su'b�antiall ual os."dbe t+esult of '`•"
<br /> ;,,',�,...'' ' Y eil PaYmm¢m
<br /> this calcu�adon wUi be the new amount of my moniWy payine�¢. � ' �.
<br /> ' • (D)[�mits on Interest Rate Chaages . . ,
<br /> ;, �.:,.'
<br /> • �;..�
<br /> 'Ibe intet+est tate I am required to pay at the first Char�ge Date wIll aot be g�eater ttien 6.950 9b ot less Waa 5.250 9b.Thet+e- ^�
<br /> �` '�'; att�x,my intet+est rate wlll never be imcreased or decrca.sed on any single Change Date by aeore tl�aa 3/4 percentage points(�.750Sb) � �,;yn►►�
<br /> ;.;�''.�.�' fmm tbe tatc of intcrost I have baa PayInB for the preading six months.My inutest rate will never be greatet thaa 11.0006. � r�'-=:
<br /> ,. '�;;'� <�F1�'eetive Date of C6aages �"�.
<br /> �.,.
<br /> ,� My aew interest rate will bccome effecdve on each Change Date.I will pay the amount of my new moniWy payiment begidning on the '��:��„
<br /> ;;�xr..j•
<br /> . i t'ust montbly payment date after the Change Date until the amouat of my monttily payment chaages again. •(;s,�,�;��;
<br /> ,..,',.; (Ell�7odceofChet�ges � �:
<br /> �''`s;:•� ' '['he Note Holder wiA deli ver or mail t o me a notice of any changes in my wteresc rate and the amount of my monthly p ayment before , •
<br /> • the et�ecuve date of any change.'!he notice will include information required by law to be givea mc and also the titte and telephone ; .;�r4.; _
<br /> numberota person who will answer aay question 1 may have regarding the nopce. �•=�"
<br /> .�1;:,:
<br /> ' B. 1RANSFER OF THE PROPERTY OR A BENEFICIAL IN'IFREST W BORROWER . �• •�
<br /> , � Umtotm C:ovenant I 1 ot tue�ecurity twinunem i�aznendca�o read a�ioiiow�: .•
<br /> Ttansfer of the property or a bcmeficial intetest in burn>wer.If all or any patt of the prapcety or any intetest in it is sold or ttar�.sferred �;,„,
<br /> . (or�f a beneticial interest in BoTrower is sold or tuansfemed and Bottowcr is not a natunl petson)without Lender's prior written con.sen�
<br /> � � Lenderasay.at its option,requine immediate papanent in full of all sums secured by this Security Inswment.Leeeder also shall uot exercise '��;�
<br /> ' t2�is oplion if:(a)Sortower causes to be submitted to I.ender infotmation required by Lender to evaluate the intended uansfetee as if a mew
<br /> Ioa�wete being made to the vansferee;and(b)Lender reasonably determines that Lender's security wi11 not be itnpaim.�!by the loan
<br /> � a��tion and that the risk of a breach of ar�y covenant or agc�cement in this Secutiry L�strument is acceptable to Lettder.
<br /> To ihe exteAi�itted by applicable law,Lender may charge a rcasonamle f�e as a condition to Lemder's consent to the loan
<br /> �•� ' a�utnQtion.[�acc�t may also require the traa_sFeree to sign an amunption agreen¢eat tbat is acceptab[�r.v flftader and that obligates the .
<br /> t
<br /> '� ltar,sferce in keep all the protniscs and agreeT�s madc in the Note and in this Security Insuument.�orrower will continue to be
<br /> � �'� obii,gazcd�uttder the Note an,�i.11 is S�urity I�r�nent wless Lcndet rcleascs Botrower i:c!�.riting. • , �
<br /> • . � !:f Lendcr exencises the�pcou�i t:u rcquin�im�►ediatc payment in full.Lender shall giti�L�irrower notice of acce��-v.��i�:a.�he novice ' �
<br /> ��l1 provide a periad of not I+�s than 30 days Gzuun the dau die notice is de[ivered os u�I�d within which Borrower mccst pay al[s..n�
<br /> � secund by this^secority Iascnm�ent If E3asya4�ree 1�aiLs to pay these sum>�ric�r t,o dZe expirdtion of this peviod.Lsndet may invo'f.e xny '
<br /> ccprae�ts pet'�ttu�II Dy - � uriry- ^ua caiwout itutitu native nr metrtama om¢s,nn.�na�cr_
<br /> BY S1�G W,Bomo agresea�kc�rms and coves�antscc�ntairced in this ABjm-taT�te l�au:Ridce.
<br /> '� . �, .
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<br /> �r � (Seal) _ ��-/�;�����:ilG '�c�•i��-�G��. (Seal)
<br /> - -e�.• 1�� GL41�1 -ao-v:�a
<br /> (SeaQ (Seal)
<br /> -ed.o,�.. a��.�
<br /> /S�en Onerr.alO�r1�•j
<br /> MULTISTATE ADJUSTABLE RATE RIOER-ARM 5-2-Smgle Famdy-
<br /> Fanme Maa/Freddre Mac Un�fonn tnstrument Form 31 11/3/85 EC-3033(REV 03/9a1
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<br /> COPY
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