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<br /> 7'tuS/►u1U9i'AUt,13R1y�1�iRtt�l3Rtn�t�ncletlii� 27th Juna � °
<br /> - 19 94 . Nud la Incvrpot�aGC1 tafa e►ed sl�t�lf 6e dcc�ncJ�ila Nuund���d:tu��i�teu�ent IDie Mat�e�e,t?eKl aI'Stwt
<br /> or Sectuily UaJ(tlte•'SecW�1Y,���slruuuut"1 ut 16�a�aM dMte�lveu�1►Ihe un�iq�i�(liK"porruwer")to�eeure
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<br /> - �-:-- -- —=-_-� Uvrrnwer'�Adjt�sMbts RRIe.PEtHQ lfit!"Nu1�1"1 tn
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<br /> CQI�7�!lAt18 ��DFRAJ, S1IYINCB �K ' tQ�i�'•�i1ile�•'f�+t 1�. �
<br /> "'f antne date snJ wverin�Il�.ptaixity des�►lhad Ic► the Secn� Ir Inritume+N onJdtx�ieJ�tt�..
<br /> 1409 BR�ip�Na IRAIi G�l2�6 GR�►HD IS1,AlID, NB 66803
<br /> �' �Prqpt�ty Addu�s)
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<br /> 7HE NOTE CON�`�11NB PRQV6$I�iNS ALLOWlNO FOR CHANABS IN YNE INTEAEST tilitE "-
<br /> ANt�TNQ MON1iA1l,Y PAYM!&NT. Tl��i NQT$LIMII'8 TFI� AMOUNT THE BOIIl�OWER'S
<br /> ' •• ADJUSTABl.�It�'��a�s7 R14T�QAN t2NAQ��i�At Alr1Y OI�E TIME AND THE Mf�xIMUlM
<br /> �naTE rH�eot�p�W�n MusT,PdbY.1Fl�N41t�ALSO CONtA1MS 111E OPTIOt�TO CONVFitt
<br /> tHE aDJUBTAt�1.6 RAtE 7tl�P�FIXED t�A��. _
<br /> .:�• - H AqUi'1'IUNAt.CUM.tiNAN'1�. In.�r1�i61iun to tt►a ccevennnts ond ng�ccnrrn�s mndc in thr Srrtnitq k�sl�u�we�t4. �
<br /> . . ,,, � •,
<br /> pono��c�end Lender futitter covennnl�attd naree aa t�flu�vs:
<br /> ���- � A. AWUSt'Ati4P, ltA't.�03 ANp MUN'1't11.Y PAYM4�'C��ANl:P.B �. •���ie Note provides tar chnu�es �
<br /> �:�::,. . �... .,..;��:, Tbe Note providca t�x a+�Initla!Int¢rest relc vf 6.5000 �
<br /> k,,�.�;��,�;;;; °_,��� in the rdjustrbte inlera►i rAla nnd llie roiq�tlhty paynsRqis,ns tollpws:
<br /> t�.';-..�....!�.�rt,,.•..
<br /> ?;'�;�;:;- ..�'' ,� �1. A1/1U&TAIIl.� IN1C�31tC,r.9'f ItA'1'I:/1,NU I►1UM'iHbY PAYQI�N'I'Ct1AN1;IS
<br /> :, :` �•�;;. :. (M Chsn`eUdea
<br /> ti:i ft�•a`.;_.y:�.�' —
<br /> -.�•t.=.;,.� ;: • '?,��� 1'be eJjust�ble G�te��t rat�s I wiil�ta�Y a�Ay chn�r�e t�n Il�e fitsl dor ot July � ---
<br /> �..;,��;. 95
<br /> ,.���.'.:, . . • 19 .end on lhmQ�dny every I IlD tttaitti�Ilte►ca(ter.Bacl�Jnte on wldcl��coy adjusleble Inte�esl rate rnui c�anse _
<br /> _ _ y __: ., ::;`f'� is c�iie�f s "L'ir�aa�ge:i2s+ic... -
<br /> � ,,,; —
<br /> � :.,, ". � (tl) Ttre Qides
<br /> ��?':�,�:°;,,:,,�. : ' �e�inni��wiq�the�tt�at Cbauge UaAr�my adjar�tu6�le�uterest�nte wilt be lr.ased nu a++inJex.'1'6e'9ndax"is the
<br /> '�.;;�'�',;'c� . • ' �
<br /> weekly evetade yield vu�Unitcd States7'►cpsury secu,zl��r��ljuated to n cnntimnpt a�aturily of 1 year.es mar�eaw�fiabte
<br /> � ' by the 1'eJael Reserve Uoard.Tl�e mos!recenlluJaa fOBu�e nv�ilable n�of IAn d�4e 4S clays 6efvre each GEo�n�Gge Un1e
<br /> � �� ts cfllted Uiz"Cur�ent��ude�c."
<br /> . `•'.:,,`. . . . If tlrc Index is na ianner evai{abla. �Da Note Hnider will clrocose e new index whict� I�based u�wn eampmebte
<br /> ''°`'''� '�� ininrmntio��.the Nots IOalder �vil1 glve �iee��otice of Ihls cl�oice. � '
<br /> S A`-�-,
<br /> �o�•;t
<br /> �:f"
<br /> '.LAV;�:> t� .....,-� _
<br /> , -°. Y= . (t,� Caleul�lion oi�Cha���en .�:-_�
<br /> � ,; '._,'.. � , Uefore eacb CIeRn�iDate.lt�e Nata!IcstJer wtll calctdnte iuy aew 6�tercst tate by aJdtng � �,i
<br /> .,�.,�r:,,.,.. •: ..� 2.8750 peteaninge pnttHa( 2.8750 4r8Ddu t��e Current tudtx.
<br /> ��-,��r:�,..� �;.... .
<br /> .:.T,,.::. ; . .,. '!'!�e Note 1[alder wilt Ilteu rocmd lite reeult ot tide eJJiUm�tv the uenrest nne•e id id h o f o n e p c r c e n t s g e p oi nl(0.125l6)•
<br /> • . �••.. �� Sublect to tiie Iimi�a statad in Section 4tU)t�etow,t8oa�rounded amount will be+9+y new iutetest rate unttl tlie nex� � '�`,:
<br /> �;I;;•:•� : . Cl�ange Uale. '`�`i
<br /> w��{�<<;: .: 'fUe Nvte tlnlcler�will tlun cleten�flnre 1Qe mnount of U�e�a�oo�6ltly pnyment I�uN woulJ be eut�icient to re�y tt�e
<br /> , ' �`<,' $• " ^ uupnid prittcipal ll�at�l am e�c{rectcnf t�owe al Ute Cl�m�gc Unte.tlo fuil on Il�e tnalu►ily dale et�ny aew interesl tate
<br /> � �,��:;°�:,'" in aub�tenileUy equal;payo�ienlo.�'I�e reault ot tlds calculatlon wpi be tl�e new an+ount ot mr moutbty nayment. �,.;'
<br /> , ,�:., �:�:�.,
<br /> � �St,�5.: (Ul Limtts on U�ler�ei Rate Ch�e��tee
<br /> � �'�t�;��`�. '1'I�e inta�t rMe 1'�~��A���ted lo(ray at Ii�e fi�sl Cbauge Unte will nnt be greater Ihan 7.5000 4'i ���;��;�`
<br /> � or lesa IQan 9A.'I icerentter�my ad�uatable inte�eat�nte will neva be tncnrsat or decreased
<br /> ;� ' '.
<br /> . nn any sindle ChanR�IDnla by more t0�au axe ixrcenlege potnl t1.OSS)Irom U�elOt 50001erat I�n evi Icle1{.t cniteJ
<br /> ° �--� ' for tbe preccdinb t3 montits.My inlerrst rnte will never be greotet tl�an �
<br /> ,,;�.�.:. . •
<br /> �.�°' .• . tUe"Mnximu�n Rota". �
<br /> .t,�, ' � .:,.,
<br /> � ��•'��'•'��• • ��) Etfeclire Unla nt ChAngee i .'
<br /> ,..;;r::�`'. ..
<br /> � ,_ My new interenl�tafa wiU biconteef�eClive on each Cl�snge Uate.l will pi�y the c�nrouut oP�nyecw inuotbly p�yu�e��t i
<br /> � . beai�mi���on Ihe firat�tnantl�ly payme��!Jnle�Iter Ihe Cl�nnge UMe uniH the a�uount of mp nronU�ly pay�nent rhnnges '
<br /> . ��.; pgain. , '
<br /> � '�•.•`` ' • (I'� NaUrent Chrt��geir � �1�
<br /> ,�!i'+A.
<br /> ,�; .;� „ Tha Note tluW�r wifl dtiiver or tttott tu nu o nottce of miy rl�nnges in�ny nJ�asinbte i�de�eh�atc m�J Urc ai+wunt .
<br /> •. �.` . o!u�y nroulbly payment betare tire eft�rlive Jate of nny�Annde.'1'he nWt�e wiil lnrtude in(nrn�n�iun�cquirect by in�v
<br /> ... tn be gW�n n►e m�J alEO tt�e titic nac�t¢[�t4�Irone nua�ber o��ne�son.vGu�vilt nns�rer auy qccestiun 1 mny I�ave�egmdii�g
<br /> �� � tlte�totice.
<br /> •.''�':� . ''� il. I�IXf:it iN't'I:Itpdi!'ItA'1'IL VC'lIQ)iV •
<br />-. ' '`J' '1'4r Nole Utovitla�fot ihe UorroLVer's op�lon tn con�ert from nu nJju+�abte b�tacst�ate aUh Iuteres�ra�e iimits :_-
<br /> ,. � . . �• � tu n tlR�cl iuterest ralc�as ta{In�vs:
<br /> u° 5. �IREU INl'rit[�A'ltAti3 CUNYCIl81UN UI''I�Il1N
<br /> � . .. (Al Vl�llon tn Canverl lu fi�re�G IdNe „
<br /> ` � 1 8eve A Conve►sldn Opllvn Ihrte 1 cnn exetdse unitss 1 mu h�defRUll ur Ihl�Seetion 3IA1�viil nnt �ttra�h ine
<br /> � ., ` .� Io dn so.'1'hc"Convetsltnt Ohl(ott"(�s my oplto��In couverl the Intc�esi t ate 1 am�equlted Iv�my by Il�is Nole hnm .
<br /> � nn oJjuslnbit mte witl��itNetc�l�ate 1G�uite 10 Ute t{xeJ rale cnlcuiated «nJ�r Seelion S(p) belo�v.
<br /> ,, "' '�Irc eonversion can onty lak��rl+�ce on n JatMB)spcei(!et!by U�e Note Itvide►Jurtna Ihe perluJ beeinninR an
<br /> - � Ilte ti�at Ct�ni+de Unte au�!endtnd on 11�e tiQl�Ch�nde Uate.L�ech dste vn whtth mr ndjuatnb�e imerest rete ean convcit
<br /> :���"p"�:,; ;= tn tite ne�r tixat rnte ir calted tbe"Cnnvcreton Uate." ,
<br /> . �F. ,
<br /> " � MULTt8TA18 AUJUBTAOL[QAIIL�tttOEt1-nRM PLAN O1-st�ie r•emny—iand�Ntte V+dtmm tn�t�umtr�l ia�m�118 12101 .,
<br /> � •OASA�nnt� wm�uonto�nf.a*n�! • ��q�te�mm• �sm+a�►t�� .
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