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<br /> A w�t� �r;t?yfl'f'���? �W2At f�Q8E01Ct8S:1�IC COAYP.TS�0II0[1ti0II.�Ll1L1St�lI'S[ifL�.Cf C2I�i11lY C(lJld14lQIIS.�1QSC CdIldlfiOIIS SYC 1�lAk(i)�1IillSi � �•� ? � --
<br />" � '�< �r'� � : givethel+Tat�Hol�raotic�tliatlwanttodoso;(iijontHeCam�erslogDate,im�astaatbe�ndefaultuaderttteNoteorthe `�"�"���"—�•--
<br /> ,� - � �ec�arity�nstrtu�enr,(ui)by a date sgsclfied•b�the i�tote Halder,I�ust pay die Note k�adder a conversiom fee of U.S: �� — __ .
<br /> ` `. � .Ofl :aad 4iv)I must sign and give tEe�ate HoIder any dacumeats the Note HoldeB . ���.. ��.
<br /> . . reguires io effect the cornersian. , Y "`�`� -
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<br /> ,- -> . ;.: . . .. •_.. . My izev�,fixed interest rate�e�l:lia��tjtial tli;the.Federal:�Nahai�A1,Mhrigage�s6�se�s►iibn�t�qtiiied-net yield - .��tY,,���
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<br /> i �...7'.�'r;L«{it'�:r�.: .-•:R&.Q��B dAtB$Ild�11P,.Of d3y/$� .°Y• .{�:�`,+',�� 1 _ ..�:. ;�'����i`������Yl�::ti���'i 6�J�;
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<br /> {y�rr .,�,:3U`�jf�:��I$d`f�tC;�UpH$p�4:fi�CPV:���°��,,�%�j' ,�>�p,� -�, 7�,.. �{, .y ,,, .�� t��'���i�,.,.,.�.:
<br /> �� ��. �3 },,,..,t. {� �' yr��ro �ures't.�n bf'pnc-i�r+ceni�tg;�._ �if�(Rif*;�.�1o�i.tir . �<; , �.Y;,;�
<br /> '�i. Ji..�.:.�- i�1�! � .'v�:Qb�� Bn.C' n�8 '�°.�p��fi��.iiY.:lY`����ni�lu+jW��+�,Ai?�. �6,��". �:• � . S,,r"j•<! ..
<br /> _)' ���i����`��a ,:ei. �r,'•:` �!„�.,.�.�..?+4 Y r' i:� BSCOYCICd In�WQ
<br /> s,�.•�T;�'i:�:.��'�` � f�3;���i�;�rig�a1"terna;b��tlifi��;flote��s IS��isa����=��,�e�rfixed rate mortgag te b�i ap��b , y. ` _ ' .
<br /> "_';•,�;.�1<'�3�%"�,� r > � `�;:, - �crianda'tary delivery commitments,plus�iv�i`s of one percentage point(0.62590),rounded to the nearest � .
<br /> ,a, one-eigiitb of one percentage pa'snt(O.I259oa.1t�'this required net yield cannot be determiaed because the agpli-
<br /> � - �' � cable commitments are not avaiIabte,the Note HaldEr wili determine mp interest rate by usiag eomparabte �.° '� �
<br />- ":'�� . . iuformation.MyrtewratQCalculated�mderthisSecfianSfB)wiltnotbegreatert6untheMaximumRatestatedinSection 4_.JSA„vi•r.(••,,'�•:!�+j:.��- �,.��._
<br /> ;����� F .� 4(D}abase._PN INTEREST RATIE WILL N�VER BE GREA'FER THAIV 12.500 PERCENT. . . :,� :, <<
<br /> 4z G�fii �.1, � .� - � . , � � � e r
<br /> - `r' '"�` (C1 New Pay�ent�Amount aa�Effettive Date . , '. , ���
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<br /> � ��` � If 1 choose to exercise the Conversion Option.the Note Hotder wili determirte the amount af.the monthlX � . ��`:<��:Q
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<br /> . ". �° �;r+;� p�yment thut wavld be buf[icipns to repay►tte unpaid principal 1 am expected to awe on the Conversian Date in � � , .: .,,� �A'
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<br /> '� '" �`� ''� ` `'` _ , . fu!l.an l�.�mnturity_dnte nt my_new_�xed i�terest rcite in substuntially e ua! ayments.Thg resalt af this cutcu- ' �� ,;..t�.;�,;;;,�;;,��;��:;
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<br /> lation�vill bc ttre new aartount of my manthly payinent:8e�'inning�vifh riiy first�ietamhty payrnent uftcr�thc � � ,,�
<br />- ;.�'„. .,`'�.' Conversion Date.!�vip pay the ne�V�mount ns my montbly Qayment until the Maturity dute. . �.;'=;,, ,
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<br />_ :,,;<,�;,..�;;:.:,:;.,;;.;�r,� �.TRAY�ISFEB OF TH�PItOPEE�'�Y O�A B�IVEFIC�AL INTEREST IN BQ�CR��JER ,: .��;?' ,-T. �-
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<br />_ - , - 1:Until Barmwer exet+cises thc Conversion Option under th�conditions stated irt Section B of this Adjust- � ' �.�������'����=
<br /> ' � � � abl�Rate Rider.[Jniform Covenant 17 of the Securiry Instcument is amended ta read us foAows: �'" !�
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<br /> � � � Tea�uster oP tpee Property or a�eaeficla!lnt�rest N�aerower.lf ali or any part of the Pragerty or any interest .,, :f,;,;�`�;�,�`:;.M ,<:
<br /> �• �•'>, ' �`��;:;,`� � in it is sold or transferred(or it a bene�cial interest in Borrower is sold or transferred the Borrower is not a "i��' ��`�:� ��.•�•
<br /> I',,c:�;'�'..;,;:�,,.-�;.. . .rr i�[*%'::.Y:r".1:'��'<<::gi.�C n- -..
<br /> • natnral person)without Lender's prior written consent,Lender muy.at its option.require immediate payment in � , ,., t, ,,
<br /> ?�: ' ��•:::•,��:��.:� futl of all soms secured by tbis Secnrity lnstrument.However.this option shal!not be exercised by Lertder if .• '�i-_ .p'� �
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<br /> �t� • _°�� exenise is prohibited by federal law as of the date of t1�is�c+uity Insuument.Lender also shalt nc►t execicise t his E;,._:�:: ;.:,�;, ; ; �� �
<br /> ',u.���. , . �•� option if•(a)Borcower causes to be submitted to Lender ic��.�smation required by Lender tu evaluate khe intended �`-��:'�':�_.''�-;:'' �,: ; .'
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<br /> transferee as if a new loan were heing made to the tcansfcree:and(b)Lender reasonubly determiues ihut Lend- .f�,s-;:�;'•,;':..::?"�i�':` `
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<br /> ��.1 '.' • er's security will not be impaired by thc loan assumption and that the ri5k of a breach of any covenant ar �.
<br /> ' �",+�:., a�r�eement in this Securiry Instrumer�c is,acceptable to Lender. '"(�' '""
<br /> , . . _ ...,qa,.�,_ ; . '...i� fr'� f�S�+Z
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<br /> ; '+;;:�::, •�• • � ' To•t�e extertd ermittedb a <<��re�'a�+. I.ender m� char e a ceasonable fee as a condition to I�n der's ..,.'s_<<��,� �';
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<br />-�� P;';lr;�`�.;;.' ' � .'`:��� '''�� ' con►se�t�to t he la a n a s s u m p t ion.Lender a➢s���r e c suire the transferee to sign an assumption��ement that is � .. ',�,i•.�
<br /> ��t``c '�� s :,,� � . acce���le to Lender and th�t obligates c6e,rrrsCerce to keep all the promises and agreements:��e in the Note E' � . ,.;�y
<br /> t ; s,f� +{ .:• and i��is Security Instrument.Borrower aii[continue�-EO be obligated under the Note and this��r,�rity Insar.u• �i��/`
<br /> .:,�,t,t�<•��� � ment dnless lender releases Barro+r•er in writin�: . . ,�. `�"�-..' °'' `
<br /> . . - . 3. .v..�i:.:.�u,:..:�•';:
<br /> - -� . •� � � ` If Lender exercises the option to req�sie���a�mediate payment in ful l.Lender sh�Et give Bo:r�ituer notice of . =..:::��_,;::_.
<br /> � ' . ' ' acceleration.The notice shall pravide a.�e�:���of not less[han 30 days from the date•the notice'ia delivered or , ' "� ' . � `
<br /> , . mailed within which Borrower mtcst��g a'�sams secured by this Security lnstrumea,k- !f Borrower fails ro pay � � � , •:'�,j�';:,:;�`;�.�,
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<br /> � `•'�_,.,.. . .` , .�'�j({j',•��;�'�J'�`.,u::
<br /> f?�' ' these sums prior to the expiratior�oa�ti�is�eriod. Lender may invoke any remec2E�:s�RS+mitted by this Secarity � '••.•.;,{��„��,�,.,;,;�;..
<br /> ` � ;��'��';L�� " Instrument without further notice o+:d..^�r�an3 on Borrower. • ' ` `;`�`k� ;`'' � �
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<br /> • 2.If Borrout�r exercises the Cvnv��i�r�ntion under th.conditiair��stAred in 5ection B at this Adjustable . ° -``
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<br /> ' ',����..,i?,: ,• , Rate Rider,the amendment of L'�ifQtasi��?���4nt 17 of Ehe Securit} In�acument caneained in Section C 1 above ; �
<br /> r �:.�� ' ;t;..,,;(sit,ti: . � shall then cease to be in effece.a��the provisions of Uniform Co�•enant 17 af the Security Instrument shall .
<br /> _ ;� �' , ��'•`�"'-',, instead be in effect.as follaws: .
<br /> ' ��:`' � : ' 'IY�nsfer of the Property or��ene�tt�:s,il fi�¢erest in Borrower.lf all or any part of 1he Property or any interest -
<br /> �. .
<br /> �` ' ` �. : . in it is sold or transferred(or if a beneficia@ enteiest in 8arrower ic�old or transferred and B�sF.*o�ver is not a F,:. .. � . :�r•
<br /> t''^ " naiurnl person)without Lender's prior written consent.l.ender may,at its opdan.require immediatc payment in f+ , , ''�.
<br /> ' full of nll sums secuted by this SeCUrity In�trument.Howe��er.this option shall not.be exercised by Lender if �� ;
<br /> - `. i, , , ., ; exercise is psohibited by feders�l la�v as ai the date of this Security In�trumem. �� �'��-
<br /> ` ' iP Lender exereisea this option.Lertder�shall give Borrawer notice of'scceleration. T6e natice shall pravid: r, � ,
<br /> }:#,�. ,: ` . ;
<br /> � :: • a period of not less than 30 days from the date the notice is delivered Ar mailcd within which Borrower must p�y
<br /> . ; , : all sums secured by this Secutity Instrument. if Bormwer fails to pay thcse sums prior to the expiration�f this •
<br /> . . �,.
<br /> � +.�: � period,l.ender may invoke any remediec permitted by.this Security In�trument without furiher ndtice or den�and � �_
<br /> �
<br /> 1�:.' . .. ' � . on.Bonower. • . '
<br /> �:i ��.k� � � ' � BY SIGNING BELOW.Borrower accepfs and agree�tn the terms nnd rovenants rontained in this AJJ'ustable
<br /> �°3' ` ' � � Rate Rider. �
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<br /> � ;�t .' .�i,;Ei. ,� � �.�,�i„�„�........... ! • . '
<br />_ �,?�d;.. . . ................. (Se�l) .. .�scalr
<br /> ` ,.� i,. 1,' , .................... . �Bacrou�tr �' .�1��. _7'_'. Borroa�er (' � .;i�..
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