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<br />—�-�� • ` . ` �+�V�l�1tL'r�iri �iL�, �
<br />_ __-- , ` ' . (lYeuTteuutytKtddc•I2ataCa9s) � . ���'�'������
<br />---_= � 24TH � : �� 3RNUAt�Y . . � 95 � .--
<br /> _— -� ` , '1'tiL�f11�1I3f5TABLBRA'IE3t�1ERbmadetiAi� e°Yoi� � - • 19 -- ` -----
<br /> ----`y ,. �d 0 inmtpon.tsd into aad�haD Iss detmtd to amsnd and su�ptrment the MottgaBe.IIad oY'Frasi.or 5stivrity DeeQ tt�e"SC�ttsiry[tf�rtrmtns'�04 . ' --
<br /> _---==,� • tLe aune due given DY c�e�(the"Barroeer")to fecuse 8artosva'a Adjuua�le Rate Nota(tLe Nate"�to tjOY'iE EE�ERAUi�MP1D -- ---- ----
<br />--_-_ l,�4lN�(the•'Le�der"1 of�Le saese data an�wvaia8�=D�D�Y descrlDed in thr Secv�1�9 Inswment aad tarstcd at:
<br /> � } � � --
<br /> `µ�, � � 1419 N PIPER� GRAND ISLRND NE •S8�Q3 ' � ' � � _ __�',
<br /> ' (�D�NAddress) �� ��
<br /> ���� � 1� ---
<br /> -'r� 7�b aate coaLfa�Qras4doa�,aIIowln�f�s c�a�s in mY taterat rate�ad�al��Y 1��'J�r`��
<br /> --_- pumestr.'E�b eote�lso t3mdb tDe amoaat my taLeresd rafe can ci�ja at BY o�Ustir aQA �:�._r-�--��--_
<br /> --_-==�<. . a�oeeemrntma�.�ef3emst��ateaaosewa. � . , ,�Z,�, - ------ —
<br /> . �;.'�:�ai+�ss�=-.*_�-
<br /> " - M,DIITONAL COVENAt�TI'S.In addittoa W the mvenaais aud a8�mmcs msde ia the Suuriry[astcu++tb+�Boirowu aad l,eadQ �3�-.--_ -- -
<br /> _ '•,' fnrthacvveaaataad asfollows: • ' � . ��' - -::__
<br /> -� agee :. _ -
<br /> �� � �� � -
<br /> = A. QPI�FSP BA'FE AND MUNTHLY'PAXS�IT C�ANGES ' °�'�'' _
<br /> �a,�:� 'Rit Note Arovfdes far an uiisial intetest rate of ?•5._,�.—se.SecSnn 4 of the Nate prov3ds for chang�in the interat iate and tht • �-�. - ---�
<br /> -,-„''-• � monthIgGalimarts.esfoIIows: � �;�-°'q°----_
<br /> -:_�,' • - --- ---
<br /> �c;,t • ; ' ' � x --_.__
<br /> - I. QVTERE4T RATEAND MONTHLY PAYMFMCNANGES , •'' �::
<br /> .�: � (A) �DaOts � � ' `:����_.
<br /> �:. ' '[neintelatratrtwmDaymayceangeonthetirstdayot_ `FEBRUARY ,� 96 ,andonthatdayevery ,-_
<br /> .��' 12 manNLSthereaftar.FacL date oa w6ich my intaat rate conld changeis ralled a"(�anBe Date.•• , } --
<br /> _�. � --,-- � Tie6ta — - - ---- - `- - - - — ----- ��_--_
<br /> BeginningwiiDt6einstCliaageDaL�aryinfadlra�ewIIllie6�b3T9�1Ltdex.'fh�••Iuties•,�isUtewetYZyaveragepieidanUrnuAStaus- -
<br /> y
<br /> ��:=� 'Ytras�y aceutitles ad�ustxd w a coastaat matntity of 1 ycar.ss made availab2e by the Fedual Raave Boud.�e most raoent Index figme ^�_ .
<br />:'-;�'� avaIIableasoftIudate43dapsbefo:eeachChangeUatetscaitedttre"(�rrmttndes.+' �w'�-�,::'' _�—
<br /> ��
<br /> ` If the Inda is ao longer awt�7aDte,the Nau Hotder wID choose a aew iada[whic�b Ls based upon camparabls informaSon.The Nate ''s �
<br /> . .
<br /> -
<br /> � ,
<br />__�:` ' ' RoiduWU�vemenatiaoithtschoioe.__ � . _. - - ._ .....__. _... . . ..... �
<br /> f; �.:
<br /> — (C! �',atalstios vf Aa�s _ .. :. . . .. ... .. �� '`j�..
<br /> Before eaeA Cdaage Date.the Nate Holdet aDl ralsulate my aew httctest rate by adding 71df1 amm �RF-Htll F percmtage '' '• �_•
<br /> 'r�- ���y� Z.5 9i)to tAs CVmeat Index and mandiaB to the neasest 1/8th of I�A.snbjact w the timits stated in Section 4(Dy besow. ', '.,� .
<br /> _.;�� h . ,
<br /> - 1�lstwnded amanat will bemy aaw intecasc nue unti�the next C4�auge Date. '
<br /> �_� The l�iou Roidu wiD then determine the amommt of the manihly yaymeat that aronld be suff�ciient to repay in full the priaciDal I am
<br />----'�{`�' expated to awe on that Change Date in snbstantiallY�N�D�enis by the maturity date at my ne�v imerest rate.T6e ta�tt of this caIailatloa . ..-
<br />=—�= wiil6etheaewamauatofmpmonthIypayment. , �F
<br /> ��� W) ILtbw[stse�tRatsl�n� . ,��f.
<br /> �'''� 9.50 ` �.,;,.
<br /> _-�T�,' The mte�at rau I am roqirited to �y ae the fust ChanSe Dau w� aat be gzrater than. �'• �0 than '. �= -.
<br /> - �t� . : 5.50 o,�i.Thatafter.my intaest rute an71 nevet be iacreazed or deaeaaed on any single CLange 1?ate by more tban ,:.�.
<br />-','`,;�''' �
<br /> -�. �i,;. —(Z.�_fram tae rateof interat 1 have been paying for the preoedu►g tarelve months.The minimum interat rate o��hLs toaa vn'0 neva be ': �1�.�',- ,�,,_
<br /> - -'`�' Ias tLan � 5_SD t'i and the ma�timum iaterest(ate will never be�nter than 12.50 %. 1•�.
<br />;.s�"3��' � ��;?
<br /> :_' (A F1[edI�eOlateotGt� �
<br />-_-- 1Ky new interat rate wID Aeco�e effective on each Ch�nge Date.i wiU pay the amouat of my neov cuanthly paymmc begtnning on tQe fust .�` � .
<br /> - - monthl9WY�dueaftertheC�anBeDateuntDtIleamountoimymonthlyGaYmen�cAaaB�sagatn- . . „,..a-
<br /> --- - (F) NWloeoiCi�� . • , - -• �� .
<br />-i.� 'PbeNateHolderwiflmu7ard�livertomeanotloebeforeeac6ChangeDate.7'henottawilladvisemeof: � ` �.�.�`'--.•.�
<br />°:� (� tt�aewintuatrateoamyt�aasofthe(�an3eDau: j �
<br /> ��::...•:..
<br /> -_�� C� �eamovni of mq mont6Ig Dapmeat foIIaaing the G9�wgeDat� � '
<br /> �w
<br /> i.,�"°� ('i117 SDj18�1LIQI13IlOSt[tt'JWbICAIIIEI�IOICHO�Q�SI�[Od1fCI05C.� - • � .
<br /> _ '""�: ('rv) theaddnssoftheassnci�tionyoucautdeontactrcgardinganYqnGStioasa6omcheadju�stmaunotia. " •
<br /> _..��,...
<br /> --_�l. -7 . �
<br />...- �. �i�S � . .. : . •
<br /> -�:,,;. . UJnifotm Cavea�nt 4 of the Ssc�uiry Instn�eat is auseaded to read ns foliows: ,�. . '
<br />�-�`"� !.i�r�s:�ien-Barrovrer s�ll�Y all 1axd,assessmmts.aad othu charSes.fiaes.en4 impasitions atui6utablt to the ProF�Y wt►fcA may • . .
<br /> -�-`=� ` ' sttai�apiioiityovathisSenuirylattn�en�andG:asehoIdpayuteassofgoundreats.ifaay.inthemannerprovidedunderparagnDb2hereaf . • •
<br /> _��_„�. • _ . � .
<br />=-:,y;�+' or.if not paid ia snch manuer.bY Sonowa m�ldng paymtnt,whm due.directty to the papoe thereof.Borrower shall promDBy fumtsh Lendc , .
<br /> -�`,� aU no�ces n!amouats due nnQer thi�DalagaA�.a�in ehe event Borra�wa shall make DaYment di+ectlY.Borravva ahall D�DVY fumish to . • -
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