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<br /> tlf�4AkD I�IJIN�.N� eR�o� . ��u�T�18t� F�ATE RIDF.At
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<br /> b inaa'Pa�Md M+lo.�nd�h«A M�d b a�Mnd and M�M�K 1h�MI�Mq�M. OMd d'�hMt K�aNR��d AM'�wM In�1�M9
<br /> ot p1� � dw 0� �Y t� �� t1h� 'Sortorwr") lo Ma� Bonow�s hdjuwbw 11rM ►�4M tMw �I�MM�1 »
<br /> rq»'l.�nd�r'y a tM u�dM��nd eorwM�01M Pr�d�orWd ti tM 8�wrih'M�++'�iwid IeMMd..!k
<br /> ��Q4 N BRt9A0W�33L__QRANO�,.�,��0= ,
<br /> �owcy aal+rr�s
<br /> THE MOTE CONTAIN8 PROVISIONS ALLOWINO fQR �HAN�ES�IN THf INTERE�T i�ATe
<br /> AND THE MONTHLY PAYMENT. 'PHE HOTE UIIIIIY8 THE A�AOUlrT THE �ONROWER'�'r
<br /> 1NTER�.gT RA7'B CAN CHANQE AT ANY ONL' TIME AND`THE IIAAXIMUM HA'�E 7HE ' .
<br /> BOI#ROWER MUST PAY. •
<br /> ADGI1lONAL CWENANT9.in addlNon to tM cow�nts �nd �grNrn�nn mad� fn th�S�cur�r h�sbur:wet. S�.r�a�La�+x!�lxe
<br /> covrnrK r+d�a�oaows.
<br /> A, INTEREST RA7E ANO MONTHLY PAYMENY CHANGE8
<br /> Th�Not�pravld�s tc►an hkial intsrKt nri ot 8.2601�. The Not�provW�s for oDW�s in tM Intrr�t ntte�d ���l►
<br /> P�l�b•�s tabwa:
<br /> 4. IPITER�ST RATE AND MONTHLY PAYMENT CMANG�S .
<br /> (A�C�np� Qaks
<br /> rn.r+t.na aa i wN p�r m.r onan�.on tn.l�ii _day or Ootober � � _.1 9• 9 6 • .na��an cn.r d�r •wn►
<br /> '� • �• 12th month tlur�tt,K Eaeh dtb on whtet�my iMlnst ab cout0 chanpe b catbd a'Ch�nQ.9 Rsh'.
<br /> (B)The lndex
<br /> �y' BpMMnp wlth the first ChonpY Oato. my htmpt nt� �rM b�baesd an �► Indox. Th� 'index' b tM wMky av�tp� ylNd on UnM�d
<br /> � �� ��'�� g�Tn�sury s�aur6tW adJu�bd to a ooattOnt tn�turiq►of 1.yetr,as mad0 av4iM41�by tho Fed�nt WtMw Bo1rrl. Ttw mon�nt fnd�c
<br /> ��`�N.h�?�� flp�ar waY�bM�s of thf dab 4S d�ys b�ton�ach Chpnp�Cat�is caWd tfii"Cumnt�nda'. •
<br /> . ,f�..:., •i
<br /> , ��=;.'�"�`',..' If tM Ind�ot is no bnp�r avall�bM.tPN Note HoWer wW ohooa0 o new indwc whbb Is �aa�d upon oom}9�robM plfotrt�4bn. Th�NoM
<br /> �`"'�;,f{'+4�� HOid�r wil ptw mo notic�ot tAM oh01C�.
<br /> ..,aYYt�;;-,:t.i�r .
<br /> • �� � (C)Catauiation ot Chan�es
<br /> •Y�:,�,4.�.;ri<�-.�.,
<br /> •::r.»,,�.•�;�p• gdpto MCh Ch�r�O10�,ths NGb Hold�r w{N CitCUlrts my new hEerest tat�by addinp TMIO e11d 60 1 DM��
<br /> �`-,`o�;.:{�-"" poh�( 1.60_O�li) to th�Current Indra. Ths Not�Holdrr wiN th�n round the resuk ot tb(s addRlon to tAa nMnat or�tphtl�o!
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<br /> . .,±,��,y�..r�.•;; prn p�cmtap�poht (0.12bl6?. SubJ�ct M ths Nmita statad h Seotbn 4(D)bsbw.thb rounded amount w1H be my oaw inqnst rat�u�tA tM
<br /> � y..A:}.::>� n�xt Ch�np�Oat�.
<br /> �y ��+Ff 9M!� _ Th�NoU HolatK wIN fh�n detertnine tl►e amount of the moMhy WYms�t ttiat wouW bs suMbknt to►op�y th� unP4id P�hatpal that��m
<br /> •-.,4�.:�_' ..�� •
<br /> �}��;,.,._ •;: ��;� a�eabd to owe at ths Chanps Date in tu1 on the matu�►dats tt my new htereat�ate In BubstantlaCy equsl AayrtMnts. TM roauR ot this
<br /> ,�'�'��= - cataulttton wiN be tM n�w uROUnt of my monthy payrnsn�
<br /> "��.t.,., . . (0)tlmtts on Interost Rete Changes ;.
<br /> 4,. •; ;
<br /> - Thu hteroat rats 1 un requted ta pay at tha Hrst CMnpe Date wiN not be�reater than 8.�60% or Uss th�n ':�.�
<br /> �� � 4.�6016. Thonatter.my ht�st rate wtU never be hcroasad or deereissd on any ehQM ChanO�Dab by mon tMn
<br /> .r-`.. �Perc�ntap�Pohts(2096) irom the tate ot hterest 1 hava been PaYino for tAe Precedinp lw9Ma months. My bta�st rab ww ns�b� `�t.
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<br /> ' � " � � 11.25Dx�.
<br /> - �thtn �''
<br /> ��'�� � (Ej Etfeative Oate of Chan�as �
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<br /> ,�� �t��" ` My new hterest tits wki become eNeative on eaoh Chonpe Oate. 1 wul pay the amount ot my new moMhy paYmFmt haphnfnp on the •.
<br /> � ftret nanthy paYment dtts attar the Chanpe Oate untU the emount of my monthy payment ohenges agah. .
<br /> � (F�MoUee of Chanpes
<br /> ;�,°'�`��`}� � The NoW Hotder wNt dolhrer or ma8 to me a nvt�e of eny olu�nees h my hterest rete end the amount ot my monthy payment baforo �
<br /> ' �, •.
<br /> . tfw efteat�dats of any oAanpe.The�ottce wut hclude hformallon requUed by taw to be pNen ms and elso M� tkk end teMpAOn�number
<br /> �`. ., ot a pereon who wW onswor any quesUon t may hnw re�rdhp the notice.
<br /> � � ' B. TRANS�ER tlF THE PROP�RTY OR A BENEFICIAL INTEREST IN BORROWER
<br /> :�
<br /> Unlorm CovenaM 17 ot the Seaurfty Inshument b amended to read as folbws: ��
<br /> .�Y�:�� TpqNSFER�TME PROPEFITY OA A BENEFlCIAL IN7EREST iN BORROWER. �t aM o�any psut ot the ProP�Y or any htereat In ft is � .
<br /> �, ' sold or transler.sd(ot N a beneticfal htereat In Borcowor Is sold or trensterted and 8orrower Is not a naturet person) wkhout Lendera p�1or f
<br /> . ' , �> wrkten oonsent, Lender may.at ks optbn,requke knmedlate payment tn tuU ot eti sums sacured by this SeourRy Inshument. Fiowever.this I
<br /> � optbn ehatl not be ewrotsed by Lender M e�ce�eise Is prohfbked by fedoral law as ot the date ot thb Seourity Instrumen� lsndar atso shap
<br /> � not exeratse thta optfon if:(e)8orrower oausea to be aubmMted to I.ender htormatlon requked by Lender to evaluate the htended trenateree
<br /> • J as M e new ban were betnp made to the transferee;and(b)Lender reasanaby determines that Lendar's se¢u�ily wW not bo h�palred by tAe
<br /> Ioan asaumptbn and that the dsk ot a breeoh of any oovenent or apreement in this SeourNy Insbument Is acceptab�e to lender.
<br /> � I
<br /> � . •, MULTI9TAIE AOJUbTA81�RA1E RIDER-ARM fr2-3hgle Famity-Fannle MaeJFreddle Maa Unitortn Inswment Form 3111 3/85 �
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<br /> ., .� ' Ff0E0.lMO (7/iq Pap�� of� l
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<br /> 80
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