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<br /> --- y(��7������a�1��1�� �the"I�cnder"�of�hc�siune date and co�eriry{the properr9 dexdbed in 1he Monp►�e�nd �
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<br /> _�_ 11551 WHITE CLUUC? FZU GAIRp NE -- —
<br /> _---.._ --- �k�rc�ueny cesa) ,
<br /> _ - -__,-�
<br /> -- THE N�fE COIVTAINS PROVISYONS ALGOWINC F�OR CHAlVGES tN THE 1NTER1sS'C RATE AND 'i'HI� .,
<br /> PAYMIFN7'S. THE NEI�I'F LIMiTS THE MlAXIMiIM INTER�ST WA1`i:'1'HE BQ1RItOWER MIJ�7'PAY.
<br />�' — A�DDITIONAL COVENANT9: In addition to thc covei�ants and agreements madc in the Alortgagq Bartuwer and I.�ndts
<br /> furth�r cavcnant and agae as foltows:
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<br />,,'�'��'.�;;.�, Cfnange Dxtes 10/94
<br /> �- The jnterest rate Borrower will pay niay change on tt►e first day of. -�
<br />'"�:�,"�,��.;: and on the tir�t day of e�1ch yuarter Aiter that dute imiil the rcaaturity dat�F.�ch date on which che rate cauld chnnge is called
<br /> , n�� u"Change Dat�"
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<br /> _ -_;���.;� The Indcx
<br /> ���c�� � i Tt�e interest rate is based on an Inde�c.'�he"Index"is the 91-day'��asury bill rate(establ3shect past zuctton average on a disca��nt
<br />�;_n����M� basis,rounded w thc nearest.19%)). �
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<br /> °=��7�"'�`� The Index on the dttte of this Nnte is °10•
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<br /> '°` ,�•. . CAkul�tinn of CfiA►�g�w L.65 --
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<br />=;_9�,;u�,���� � On ea.ch ChanSe Aut��e �cnder wi�calculate the new intemst rate by adding
<br /> --:'=,�:._�_Y�, percentage point(s)( �' �lo)to the Curcent[ndex;however,the interest rate will never be greater than_ ' _°lo. —
<br /> _-_—__�=.`-:r`,
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<br /> - - ---��_��j The amount of the scheduled payment will not change.lncreases in the interest rate may cause the final payment to incmas�
<br />:-�.=M���"",_� Borrower may extcnd thc paymenu for up to six months. ��
<br />:-„=a-�r.^t���...
<br />`_':-'-.y�.�� � NoUce of Ch�rtgcs
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<br />--=��=�n=-•� The Lender wiq send Borrower a notice once a year.The notice wiil include:the currcnt and prior indac values and interest
<br />.. '�if Df]G•S.._�^.^"_�Ta
<br /> �_-���,y��-.-_� rates, the loan balancc and the payment amount nc:essary to pay the loan in full hy its stated matudty dat�
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<br /> -^-�-� �-� BY SIGNING l3ElAW Borcower acccpts and agrees to the terms und cov�nants contained in this Adjustable Rate Rider. �.,,z
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