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� . - ' f.N�>1 Y.� i. ..:..� � <br /> '�; ��S� ��� Y�,vt}; �.t'��'; _., J <br /> , . �"'".;c11�,� '+Z,'. �x h�;- ..4i•.. <br /> ,�, � <br /> ---°','--iT'a-- —--- — - ... -- --_ <br /> n " . . - �. , . . . <br /> ., f) . . . . „ . <br /> Vt�����y�f�M�7'�'^"1 ., . h. <br /> • Qi�1N10/� . � . . <br /> �aa��.w�t aa�o _ <br /> G11Ak�IlLAND.NE ��Oa � �� <br /> �u�rAeu� R�►� A�aE� ��„ i,t,�3ie <br /> � (� r«r Tr«ww+ry N�dar�-a�a c.�pa) . <br /> 'T1M�ADJ�l�fil6lE RA7E pDE.�1,l�nwM 1h1�t�tl1 d�1�ot�•��•r � .,�l4 .�nd fs <br /> w�no�,a�e ha.na s�w a d.�»a a.�na o±a��ov���•a�aw a�wa a r�ax�y aa c+M'�ou�b�+�� <br /> ot th� ww dw o� a'!► MN und�tipMe (th� "eorrow�r') �o s�cun earo+a�fa AAuiuDM F�M MoM cu» 'No�t•) �o <br /> ���ITen�1ClO�elf� r�Yl[ AflaWf lOI�M� _ <br /> . ��■.rv y� ...�w�rs_a��ay�� rr <br /> nw 1�a a��.aM.ma eo�rp u+.aoc�+r��„a�•s�y�•�w we.�.e.a <br /> 9��►����o___�'o�.•�o NE es:a� ---- - <br /> �...�,,►..�... <br /> THE NOTE CONTAlNS PRQVISIONS ALLOINING FOR CHANGES IN THE INTEREST RATE <br /> AND THE MONTHLV PAYMENI: THE NATE UlY11TS THE AMOUNT THE 80RROWER'S <br /> INTEREST RATE CNli Ci11WGE AT ANY ONE TIIYfE AND YHE MI1Xt11AUM RATE THE <br /> �ORROWER �IIUST PAY. <br /> ADOPf10NAL COVENI1Ni�.ln addkion to tM co+NrwUs �nd apn�rr�nts mad�in tM S�cur�►Msaumin�BoRmror�nd l�furthr <br /> �o+rNwH me apr�u tollows: <br /> A. INTEREST RAT� AND MONTHLY PAYWIENT Cf1ANGES <br /> TtM Nol�Pf41►!d�tor�n htial h�t aM Of .8 260lL. TM NoU P�►1dK to� �I�arq�s h th� htMrtt tat�and th�ntoflthb <br /> pqn�nti,as bbws: <br /> 4. INTEREST RATE A�iD MONTHLY PAVMENT CHANGES <br /> (A)Ch�rfps Ortes <br /> n»t�t aa�w�pay mar o►w�on en�1_.,st_asr��+ptember .1996 , ana on u�a ay �wf► <br /> 12lh maNn t1�MMf[� Ea�m d1r on whiai�ms ini�r.at.aa�.cvuki t��s�d a`�lxssp=�•• <br /> (8)The fidex � <br /> 8pinntrp wiMe th� lirat CMnp�OaU.my int�at�aU wiA b�bas�d on�n Indrx. TM 9rtda• is tM r�eMcN�v�l�� yWd sn Unbd <br /> States Trwsury ascurtY�s adjusted to a conatmt maturity of t year.as ma�e avaii�ble by the Fedeni Reservs Board TM most caoent tntlex <br /> t�n nvaWbM ar of ttw dW 45 dtri bNo�wah Ct�n�Dato ts eaYsd th�'Curtent Indmc'. <br /> If th�1nd�c ts oo IonDM'ivaAobN,th�Not�Hoider wAt chooso a rww hdex wAiah Is based upon eomparabk hfortnatton. fia Note <br /> Hoidr ww phr�rtw notic�Ot thia ehotc�. <br /> (C)Cafculation ot Chanpes <br /> Bsla�Mch ch�p�Caw.1A�Nou Noldr wfl e�lculue my new intecsst rato by addhp <br /> Two and b00l1000 D��►� ��ry <br /> pp(nri t Z.6001�)to tM Cumnt tnda�. iM Not� Notdu wiM thm round th�rauk of this addiNon t0 th�nwrst onwi�hth M <br /> pn�p�rcmfap�poht(O.t2616} Subjeat to th�Bmks state0 in Secibn�1(0)b�bw.this round�d�nbunt wW b�m�► nMar Mt�nst�aE�untY th� <br /> �Ch�npe Oat. <br /> 1M Nob HofdK wii tl�an d�l�ine ths unount of th� monthy paymoM that woutd bo suMbMnt to repar th� unpaid P�inebal that 1 am <br /> �o�lCt�d to ow�at ih� Ctt�npo Out�N!u1 on ths maturMy dtta at my nsw hta�st�ate h substantiafy equat paymatri• TM nsut of this <br /> �ateuluton vril a tM nsw omourtt ot my monthN Psm�+t - - ` <br /> �,� <br /> (D)i.tmib on�n4lorrit Rate Ghanpes ;.�•;t: <br /> �f�;: <br /> ltw tit�st al� 1 �m t�qutrsd to pay at tha tirst ChAn� Data wW no2 bs proater thsn 5.�509i or 10.Sa than "- <br /> 4.25074. TMr�aRr.my hbntat�te wW ns�er bs inereased or deCro�s�d on�r►y ahp�Chenps DaU py mo�then <br /> �y,�p p�p�}p�ppf�a(2A%) ko�tha�ata o! btonst 1 Atvo bean payMQ/or ths precedMp twsNe months. My htenat ratf wil never ba <br /> pnetw q�n 1l.250%. <br /> (E�EQAecttve Date of CltanQes <br /> Nip r�Ht�t rat�wiM b�can�dtlaoilur an wch CDanpi Dat�. 1 wi1 psy ths amount o!my new montRy piymont bpinntnp on the <br /> ttrat monthy pnym�nt daY9 ift�r tM Chanps Oats untN Me amount of my monthly paqment chanpes a�ah. <br /> (�NtiliOd O� `�11�Ei <br /> TtM Npt�Notdu wiD d�ibM�or m�Y to m�a notlC�ot an�ch�npes in my hterest rets�nd tM artaunt of my monMy payrt�ent before <br /> !M MNctiu�d�M ot mr CIM�rq�.7M nottc�wYl heluas Ntorm�tbn rpuir�d bY taw to be QMen ms and atso the tYf�and teYphone oumber <br /> a a o.rson vw�o w�sns.w►�ny�,aaon i may na�e reouaho cn•noace. � <br /> g. TRApSFER OF TIiE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER "� <br /> Unlortn CovMtIM 17 oi ttl�S�eu►=y mswment is�srtded iv re�o as ro"�..�: <br /> 1RAN$FEp QF TF1H pqOpEii�Y OR A BENEFICIAe.IN7EiE3Y UH BOi�10W'R If n9 0��nr piUt Of tho Propaty Cr eny htQtost h R�s <br /> so10 or tmst�rt�d(a M a b�neticW M�t�rat M Boaow�r b sold or transieind a�bd 8arowor b not a naturai person) wkhoal l�nd�s prior <br /> wt(tNt� Cpei�nt,L�nOK rtKy.�t its option,nquirY trm�odtii�p�yrtwnE b NI ot a1 6ums s�CUrod Ey tAL9 S�CUrYy lnsWm�xtL Howwer.this <br /> optfa�aho�noQ b��ocrrck�d hY L�ndw M a�citr b prohbRad by ledKd f�w 4t ot Ma dato ot thb SwwAy tnsWment Lendor also sh�il <br />- Aot aueiq tAk a0� r(�)8or�ow�r qusa to M su0m�d to L�rtOK hfoimtion�qutnd bY t.�nd�r to�vatrat�tM htondrd tnnalereo <br /> a M a f�r lom ww b�tip mtd�to tM hsnat�w;and(b)Undr�aonabb dR�rmims tlat LandM'e s�eudqr w1M not ba 1mWhd OY tha <br /> Ipan asfumption and that M�rkk of a M+MeA of�ny cownant or�rwment b Mia S�cur�r inatrum�ni b«qpUbM to lende►. <br /> MULT19TAlE ADJUSrABLE M1E R�DEFi-AF�A 62-ShpM Famy-FannN MnlFroddb Mao U�ftorm InsWm�r►t Fortn 3/11 3/85 <br /> �tOq.LMO pAt) Py�t of! <br /> � �•n�::;.. + <br /> N.:i��,� �:`'.:. <br /> ;• <br /> '��;�i.!'�ti���� � � <br /> � _ �:.�. <br /> ����� <br />