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<br /> . Ap�"i� � �89`.�' �sxi is inuxpcxxl�ec!intu an�E xlwlf ix dccmGCl tu rm�d�nd a�Qplaeoeat
<br /> ` , tR�e Mo�rtgagC, I)axl oS '�1�st or �unty Docd ("Security Irtstmrnen�") d' thr wur�c date giv�en bY ti�e midts�i�ad �
<br /> ("BcMn�w�`D to s�r.��arYnaerrdti i�lde("Not�c")t�3 � � .. .
<br /> . (Xi�.C1�aS F'F�EAI. SA'D��iGS BANK •
<br /> . (the "[�e�v�t"y'csf ti�;;m�v�dat�:�atu�cove�ring t ix�rrr.+prrty c#�u�ril►eci iu thr Sreitxity Instn�rr+ertt ancl ini:ated.sit:
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<br /> .,,� :, 5 � cr���n Y�t�►�tt.'�:.. NE �S�t43 . . �. . a�{,�'�_
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<br /> ,, . . � � � �� t ,: �:' (Ptuir_rty Adi,css) . ".,,
<br /> " ' 7'}i�!d K(3't'� CONTAUNS k']R(?VISIONS AC,LOWIi1C F(lR GHAN(��'S It�F 7'HF
<br /> IP27['EitE.Si' RA7E AN,IT 'fFTE �v10N'lHC.Y PAXMEN7: 'FHE Pi�I3'�� I,ItvilT'S TH�
<br /> ' AM()UNT'IH�BUItROK`�'R'S IN'I'l:RFST ItA'I'�CAN CpiANGE AT hNY ONE'TIME
<br /> Al�I1fT THE:41A�biUM RAT�TH�;l�ORRAWPER MUST�*AY. �
<br /> �� - AUllLTiUNAI. CUVBJ�tANTS. in nddition to tt�c cove�tants and agrei:ment� mude in tMc Security instrumcnt,
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<br /> _ � B��TUw•rr and;.rendGr furfher covenwnt nnd aRc�ce�foIIows:
<br /> 1N?EREST itAfEi ANQ riON'�'HLY PAYMEN7'CI#ANIGES
<br /> (A� Ct�an�13�te
<br /> � •The inv:rest rute may ch:�nge on the first day of July 1, 1996 .amd that day of each swcceeding year.
<br /> "Changc Dsu.�"rrxans each date on which the interest rate could change.
<br /> (S) 17xr Indtx
<br /> Beginning with d�e�nt Chan�e Date,ts`te interest rate will bc based an an Indc�. "Indca"mrans the wcekly avcra�o
<br /> yietd on Umi?oci States'tteasury Securitles a�justed to a constant mate�rity of one yeax, as mnde avadf�ble by tLe'�ederal
<br /> Reserve Aoa;•d. "Ct�r►t:nt IndGx"means the ntast rece�t Index fi�ure ava�lablc 30 days befa�the Change Uaac. If tAe[ndex
<br /> (as definecl aboc.;)is no longer avaulable,[�cm,rSer,will usr,as E new Index any index presctibed by thc:Depa►tment of Vetcrans .
<br /> Affairs. Len�tr will givc Borrower noticeof�.T:.•new Index. ,.
<br /> (C) CHkufaUon bt Interest Ra�te Chauges
<br /> Before c:ac:r Change Uats,Lender will calculate a new interest rate by udding a margin of
<br /> Tyvo e.� Otee—�Ial f, perr.entage points • •
<br /> ( Z�����;o)to the cu�rent n ex;md rounding the sum ro the neurest one-ei�nth of one percentage point(0.�2S�Io).
<br /> Subject tu the Im�ts stated in Paraguph(D) of this Rider.tliis rounded amount wiit h,e tf�e new interest rate until tha next
<br /> Changc Dat�;.
<br /> fD) Llanits on']fy�Yc:c�t�ts►te CI►anges -
<br /> 11;e ir�':;�t ra.c nti;d ••r,ever htct�c or decre:ise by �nore than one perccnmgc point 41.045) on any singlc
<br /> Change 1Dat�. Tltie int�rest rate wifl ncver be rt►orc than fivc percenta�c points(5.0�70)hisl�cr or bwer than the initinl intetest -
<br /> ratc. _
<br /> (Ej C��tc�ls�tlon o�k'eyme»t Changc -�
<br /> iF ttr:in::�.i�t rute changes on a Chan�e Date,Lender will calculat�thc amount of monthly payment of principal and °
<br /> i�tei�s[wh��il t�oulB!r:necessary co r�pay the unpaid principai balance in full at the maturity date at the new intetLSt mt: -
<br /> ttuougl-�su5arnti:illy cqual paymcnMS. lm m�kin�sucl�c:ilculation,Ler,�CC WIII USC tI1C Ubinllt�l nfIflCln:ll VitIQI1CC WI11CI7 WOUI(I
<br /> ba o«�csi on th�CI1151�'C I�atc if tic,:a�e lissi been no defnult in paymene on the Notc.rcduccd by rhe nmount of any prepaymc�3ts -
<br />• _ t�principal. 'Chc xcsuli of tliis calcuiatiwi wilf bc tne amount of thc:nc�v montlily p�ymcnt of principal and intcacst. _
<br /> (L�) Noticc of Ci�ang�s
<br /> � Lendrr wilt�ivc noticc to Borrowcr of any ch;v�gc in thc intcrest r.itc and nionthly p�rymcnt amount. Thc noticc must
<br /> be �ivcn 1c fe:�e 25 days ocfore ci�3 n�tiv monthly payment nmount is duc:,and inust set fortli(i)die date of the notice.
<br /> (ii)tl�c Chaci�z �Date, (1ii)thc oIa isueii;st�.ate,(iv)the ne�v intcrest rate. (v) the new monthly paymene nmount, (vi)the
<br /> Curmnt ind�x�rad the datc ic was pubaishad. (vii)th�mettivu vi caicuindng ttie cl�ange in monthly payment amoimt, and
<br /> (viii)uny oth�c informa�on�chicl�may�sc rer,uirer�Uy law from tirric to timc.
<br /> VA A1Ui11Std10 AdjUBtAb.'0 R:itO f�ldOt (�°•1R���I2 Pu3hs1 tlrcat Lckc3 Bu_ino.�Fttm�,lnc.�
<br /> ITE4S 7Te�(9212) . ToOrCCt C11:1�800�630�9393 U FAX 6tOd01-1131 ;
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