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�� • j .;. . . �• :�i ' ' .�fC._."�_ -- ,..��1.�_ - - - - -- - -- _ � rJ .. .. , . �� - - . .. : � 94- ��s . , — -- — ' nu�us��s�� tn��. �a��u��,wt . - ' tl Ye�r'1're�s��r tnde�-It�le C«��^'��RR� RNIt�:tlMVl1llluq UpI�pN� � 'I'l1�SAUJU3'1'q�L�RA'1'�RlpiiRlam�cklid� T,�gh cl�yvt J � ' i9 9�{ >�n� Is Inrorhor�tcd iwto�nJ �hail be damed 10�me�ut�iK1�u�+len+en111�e Mw�p�e�Ueed�'fruM �_----. _-___,�`� ��Secnrt�y l�cecl(Il�e"3ecuep�r Inttrunyu�t"1 of U►e�eme d�te 41vee�by IQe u��denitnsd(iht"barr�we�")lo errute t�orr�wer'�Adjsqt�ble Rate No1e(tl�r. "NMe")lo COLUMBUS FBDISRAL 3�l�►IlfOB M1f�C (1l�e "Lemle�")at tbe attnte dt�te�nJ covetliq the�roperty desctibec+ n U�e Secnr ty hat�u�neiU end Ipcataet�1: � _, — 4�06 liORDIC R0�1D (iR�IIiD ISL1l�iD, NS 6$803 - p�ropsr�y IWdre�+) " - TNE NQTE CONTAINS PE�OYISIpNB ALLOWINQ FOR CHAN�ES IN TH6INTERE8T RATE � Al�iD THE MONTHLY PAYMENt. THE NOTE LIMItS TNE AMOU�JT THE 80RROW�ii'8 -.�t.'Y ' •• AOJUBTA8L81NTEilEST�ATE CAN CNANtiE AT ANY ONE TIME AND'fHE MAXIMUM �� AAT�THE BORROWER MUST PAY.7HE NOTE ALSO CONTMINS tHE OPTION TO COI�VERT '�-' � THE AOJUSTABLE RATB YO A PfXEO pAT@. �:,: Y; AUpI'1'tUNAL CUV@NAN'I'8. In addttinn!o Ibe covtnanls�nc�c+13�eeme��ts maJe iu Ibe Secnrity Inauumeid� Uorrower attd Lender futther covcunnt anJ�ndree ns follow�: i A. AU�US�ABLE ltA'1'E ANi) Mt�NT11LY i'AYMI�N't CIIANtiI� '!ln Mote provide��vr au i�dtial interat r�te of 6.5000 '�•T�►e No�e provida for cU�tt�es in the��Justable inte�at rate�nd U�e monthlr payments. aa followa: �. AUJUSTADI,B lNTL�ItEB'1' RA'1't's ANU QlUN'1'IILY PAYMfN'1'�:IIANC:IS (A) Ch�n6e I1�tee 'M�e ndjuatable Interist rate 1 will pay mey change on Ilie tirst dey o! Ju1 ' - - !4 9�S .ens!Qst t�tnt d?y every 12ti�monlh tUerea(ter.Ge+ch date on wUicB my nJjustable iutnest rate cou1J chrnae la called a "Ci�ange Dete.•• � (D) Tite Inds�1� ' • ;� Uesinnina witl�tl�e ptet Chanae Uate,my eJjusta6le�nterest rale wu�)be 6ased an nn I��Jex. 1'he"1 ndex"is Uu ,t+ wakly average yteld vn Uui�eti States Treasury aecurities edjusted to a coustrot maturity o[1 year.as made avaitabir by the Cederal Reserve_Svt+�d.YR�c tnost rect��t Inctea�igure availabk es ot ttie Jn�e bS Jaya betore each Ctianga 07pte --- 1 ia callecl Uie"Cutienl.h�dea.•' �= - If tiie lndesc fa tto lange[available�tUe 6�1ote HoWer will chaose n�iew index wt�tcb is based upan c�mperable r r : infonnaUon.The Note Holdet will glve�ae aealice of Ih18 c6otee. , _� _ � °>' t47 C�Ical�tton of ChteEes � ��;� ITefore each Chnnge Date.the Note I Io1Jer wil)c�k��late my��ew interest rote by edding�.'`o`'`=Current luc7ea. 2.8750 �etcenta�e pointa( 2 67�0 The Nale Eiolder will then rouad tlu result of thta additlon to the neerest one-eTght�uf mu perantege poiut(O.ItS'�ir)• 5ubject to the Ihntte ateted in Sectlon 4(U)betow.thla rounded amount will be my new interest rate until tl�e oeal �'+'��`� Chnn e Uate. • � ��`�'�#��`'�• 'I'Ite Note Molde�wiil llo�n a�etennlne the emount ot the monthly pAyme�d U�at woutd be auf(icient lo repay the �'. _ N�� -�. ,. ;,��;-..-�.-- =± unpaid ptiucipal that I am expeeted to owe at Use Cl�ange nate i��full vn tl�e�netiarity date et my new tnterest �ate �� ° � . , in aubatantielly equal payments. '1'he reavit o�thla calculallon will be tl�e new emount nf my monthly payment. '"`� � (U) Llmfls on Inlcteat Rsle ChsnReb �e -�� • '` ' '8'heinlerest rete 1 otn rcquired to�ay at ti�e(i�st ChanBe Uate wi(1 not be grcnte�tl�an 7,S�OQ " - ._. .r'.;'y�:,�,:;. or.iess ti�qn 5.5000 S'i.'1'hereafter.my adjusteble interest rnte will uever be iac�ec+sa or dccrcased �`,�: . ,.. on dny aingle Cl�enge Dale by mure llian ane nercentage poinl (1.OS'�)frow Urc rnfe of iaterest 1 Have been q�nying . , . �-�s.':f: for tite preced➢n�t2 mo�ril�s.My interat tote wi01�tever be greater than 10.5000 qe,�vNicU i�e�ilec! �'�`� U�e '•Max6num Rate". '• "�•y� . .� , rll (�1� �i��lC��t!V��!U��IN11dl'a ='�t:''�'c:'�: .,° ;" My new h�tetesl rate will bacome et�ecUve on eacb Cl�aage l?ate.l will�iay Ihe amount of my new monlhly pnymem ��`t .� ' .�° �';.� be6inning on Ihe first month8y�ayment dete after tfrc ChAnge Uet e uatii the amouot of my n+ontidy pnyman rhanges ;};,-�:_::;:.;:_.;;:A..t� again. .. ��,<�;_�,y:-':-. t� Nntlae of Chwnge� x3'-��::. 'i'I�e Nvte t loldet will deliva or mait to me�nvtice nf any cl�rnge�1n mY ndjnstoble interest�Ate nt�d tl�e mnount �� - �f.u�y monthly maynnnt be�ore Ihe eifective date of Any rhnnge.'1'I�e irotirr witl inrlude infnrmatit►n requircd I�y la�v �'��:�_-„_ __.__ , . to 0e given ms�nd also IQe tttte�ud telepl►nne no�uUer ot a nerxo�e�vlw wiU�nswer n�ry yuestion t mny hnve�egnrJiug � =T � the nottce. . . .�.s.MaN�aa�r ��'tC HU•�'ft\N .•:; -_ - - _---- D� l'iAGf!tt�47S1�cA• t�is�v v. ..v.. - ---- �: .�' ��_''_ 't'he Note provides for tl►�Oo�rowe�'a option to convert f�om c+n adjugtntnDe interest rate�vitb adetext rate Iimits � :5a.;'.,:,��:,,., .. to o�ixcd inte�est rate, ea fotluws: y��'�"'�' " 'f S. EIXEU 1NTI:RCB'1'1tA'�C CUNVGIt8�i1N OP7'WN .,�:,:..�•. •>. . � � f . ' ' �i�w.1v:::1'� �� I ,enfi.�,�'.;i:F�� ;� eA) Oplion to Convert to �ixed Itsle . w�•. •:` � � 1 liave a Co»veraion Onitou 11�nt 1 can exercise uutess 1 em in defeult or thia Seclton S(A)wiil �iot peru�il me � _. a;�•;�:'r � •' �;� to cto so.'1'tte "Cvnveraion Optton"la my opUon to convert tlu interesl cate 1 am�equired Io pry by�his Note trna� n .�"•'��:�: .� -'� an adjusleble rate with inte�est rate limits to the fisced rate calculateJ m�der Sec�ion 3(U)below. I ..��,�°::.� �.:_�'�?: ,. '1'he eonversion can only tnke piace on a Jnle(s)apecified by die Note i laWer cluting tl�r perinJ begim�iug m� ( Il�e ftrat Change Unte end ending on t6e t{ftl�Cl�anse Uate.L=ach date oa wl�ich mY acljuslebk Intercst rrte cnn ron�er� • .g to tl►e n�v fi�cect rate is callcd tde"Co�warefott Unte." • t.. , MULTiSTA?8 AOJUBTABLB pATE RID�p -AAM FiAN 8�-Single�emSIY-Farads Nlea Uatlotm Instnlmeet 1'enrt 3118 12181 I , �. U � •(14�At�1p� v�NYOIHOA�r Mrs�!• qt�11�7Atda�tl�O+sf�tl�1 I � , � .... . � — �...�,...:_-_ • . . — - -^.+ �