|
• � '�.�E3;•`l S.��,,�ky E. ,1, ��,..,,,�P..
<br /> :•S: '�� ,x:.L `':�:�•�.{��, ' , .
<br /> 4 1 . ,:.f.. . �.
<br /> —.. _ .. �i�� . _
<br /> l
<br /> . ' , rb�Y � ��.�YW�/i�i'
<br /> � ... ,
<br /> �
<br /> + RE�tFCOR13ED , .
<br /> • �������� FHA Gw No.
<br /> 32l.-Y718599-7Q3
<br /> AD)USTABLE RAT� R.I1�EI�
<br /> THIS ADJUSTAHLB RATB RIDBR is made thie � day o?
<br /> 11A�' . ].99� �aad is iacorporated iato tad sb�ll be damt�od ta�smend end
<br /> supplement the Mort�s�o,IDoed of Tr�et or Seaurlty Deed("Security Inetrumoat")of tbe same date�iven
<br /> by tt►e undarst�ned("HorroNer"I to�acure BortoRer•s Nate("Note")w
<br /> �l�L�lL !'�JlL l�i��'�'1'�q
<br /> (the "Lemder") of tha.same date and covering the ptoperty desctlbed In the Security InstrurneAt and
<br /> locatod a�
<br /> ].OS �18'P P'II�' �'. D�i I�E 6883�
<br /> [Propertp Addrasl
<br /> TftE NOTB CONTAINS PROVISIQN9 ALLOWINi� FOR GHANCiES IN THE
<br /> INTEREST ItATE AND THB MONTHLY PAYMENT.TRI3 NOTE LIMITS THE
<br /> A►MOUNT TAB BOR�t.ONER'S INTEREST RATE CAN CHAN(iE AT ANY ONE
<br /> T1IME AND TH�MAXIMUM ltATE THE BORItOWER MUST PAY. .
<br /> AllDITTONAL COVENAN'IS. Ia sddition to the coverieate aad a�+oemeats made In the SecurIty
<br /> Instrument,Bomower aad Lender iurther caovenant aud agcee as follow�
<br /> INfBREST 1tATE AND MONfHLY PAYMENT CHAN(iFS
<br /> y (A)Chan�Dat�
<br /> The iaterest rete may cbeuge on tha ficst day oi �t . L996 .and on that day
<br /> oi each succeeding yar."Cheage D�te"nteaas each date on which the intenst rate could change.
<br /> (B)'The Inde:
<br /> BegirmiAg with the first Changa Date.the ittterest rata wlll be based on aa Indes. "Iadex"raeaus tha
<br /> weekiy average yield on Uaited States Treasury Securittes adjusted to a constant:naturity of oae year,es
<br /> mede availnble by tha FedoraI Reserve Boasd. "Curreat Index" means the most receat 1s�dea figure
<br /> ;F �� nvailable 30 daqe before the Change Date.If the Ind�s(es defined abova)i�ua longRr available.Lender will
<br /> uae as a aew Iadaa a�ay Indos pres�ribed by the Secretary.As used in thls Rider. "Sexretary trteans the
<br /> Socretary ot Hous3ag ss►d Urban Uevelopment or hie or her designee."Lender will giva Borrower notica of
<br /> the nea IadeY.
<br /> (C)Glculation of taterest Rate Chwg�s •"�`�
<br /> '� Before each Chaage Date,Leader will calculate a new interest rate by adding a margin of � . ,,,ti_
<br /> perceatege point(e)( 2.000 °��
<br /> to the Ce�nent Indea and rouading the sum to tho neareat one-eighth oi one percentage poiat(O.1Z5°6). ���
<br /> Subject w the limits etated ia paragraph (D)af this Rtder,this rounded amouat aill be tha new interest `-.x^��
<br /> ;4�. 6., rate yntil the aeat Cheuge Date. �;�
<br /> w
<br /> ��
<br /> :��� • (D)l.iasits on Iaterest Rate C�anges V
<br /> Tha intenst rate wilt nov�r intmasa or dectease by more than one percentage point (1.0°�)on eny
<br /> ;;�� : single Chaage Date.The interest rate will never be more thaa five perceatage points(5.0�) highar or
<br /> ;,�vi.;,A lowet thaa tho initiel Iaterest rate.
<br /> Y�i1',,
<br /> �;T.�.,:o.
<br /> y.�;,,�, va. � or a AHA Moltist�te AAM Rider-t1'9l
<br /> ,,r�,. ��6�1 lot0�02 VIIRP MORTGAGE FONMS•(a1�12B�-d1C0•(b001621•7ZY1 Inittais:
<br /> ,:����',�':
<br /> .�
<br /> �:,,��,.�,�� ;,
<br /> si,:
<br /> � ��• w�-* :�.
<br /> �.:
<br /> f 'y�l
<br /> i� �,4 t _�_ _._..
<br /> '�{:��:' r .,. . . . � .. _ ,• • ..::tiri:.`:' ..:d;::..t'�i.,-, ... ,:�.
<br /> ... _ � ,... ... . .. '� . . . _ .. . . ..
<br /> ���N: � . . ..... .. � �\. ±i• .
<br /> .rl'i.�tyLL: i". . ' � . ' ' .. .r . _ .._ . :.. .,{ _ . . .� . .
<br /> 'l:,:"J�•'>j.x'��vl� .. r' . - . . �n'1i1:+'+,�.�. .��+� . .
<br /> OI�'. `4• . . . T +�R . � .. . ..
<br /> 1
<br /> ��� �1. - . .._ . . .. . . ��:�...elfLhu .. - . .
<br /> ,Zi����. - . :7•. t . ,. .. . ,. ` C1., -� d� �� .. . ^ ..
<br /> � � . . , � .. . � . `� .. 1.4r �Y.vt�.`�}.A� . . ..
<br /> =� . . .. .. . ?Cu¢�� r�i{t �
<br /> ��tr+s �,'• � , ^ . ., j�,',D.:'f'z'�+� F �b7`i �.S'.•. • ..
<br /> ar,y�•
<br /> . �";,'.5�'-s;?�+:,: . _ � , „ _ , . .,
<br /> ,>'�?h �i►µ�:�'�, ' ` . . ' .. ,� � �S� , ., ..
<br /> _NN:,Zt �`` . � . .. • ��
<br /> __�,: . ' .. o , � , � .� ,�tj. . .. .
<br /> �,'. . . -• . 5 . ' . � ' � . . .,., " ''f;� � ,. ..
<br /> .,y..:k.'. . . .. � ` .. .. � - '. ' ��` y ' . .
<br /> ,'�, � � ' ..'It /�}l� ... - ._ .. . " � . ��t�vr ,R� . � .. .
<br /> ,6. - ... . �� . ',i F
<br /> .. , _ . � � . �� . � ' ... ._ . . r_) . ;`
<br /> n _�� i� . , „ . , ,
<br />
|