95102821 - Laserfiche WebLink

Browse

R� ' • ' F VSN .'*tit`,yVi�'FO . n .. _ �.. + j`?'.� .. .. . � . . � �� FFS 1 b[UZ,TISTATE ADJUSTABLE RATE RIIB r,R gs_ AC;2.A21 THtSADJUSTABLGRATGRiDERismaACthis 26th � dsyof April, 1995 andisinrnqwrscdinroandsha'iFn,deemed�oamendaa�zuyplenen� the Mon�aga Dad of 4ust or Secufiy Deed� ('Smurity insimmenf') o( the same dam giaen by �he undersigned ('Boi.owcr")m securc 6ormwer's Nom('NO�e")to � Wl.Ib�US FEbER.1� SAVINCS BN�K � (the"!r'n:ter I of Re v:*c Cam and cwcr ng @c propeny descrilud in the c�uriy Invvumen'and!wmed a:: 3117 W STATE STP.EeT � � . GRtJv'D ISLAND, Mc b6803 IRUp[n>AJdtc.i � � 7lit, \'OTft CONTAIN$ PROV[SfONS rtLLOWiNG FOR CNANCF.4 IN TIIR INTEkGST RA'1'Ii 4N0 T}IF, T10N7HLY PAYMt:NT. TflF. RO'1'F. I.IMI7:S THF, AMOUN'f TfiF.ROP.RQW F.RS I�TF.RISF R.1"fH CAN CIIANGF.AT ANy pNF.TIMI? � � � ANlll'HF.�7.4%IMUMRFTETNF;ROhR04VEP.MUSTPAY. ADDI"IIONAL COVE�:AVTS. In uJAliion �o ihc covemm�s nnd a�memcnts mude in the Scwriy Inarwncm. Burmwer und Len�er Cunher meenvm and vpme:m folinw,c INi[RESTR.4T[ANDD10\TfILYPAYMLKTCH.4NGE5 � Idl ClianReDa�e The�nicrem nic n,n ch:mgc or ihc fnt day of JuIV 1, 1996 ,anA tha�day of evch xnccced:ng ycar. "Ch:�nge La!e n�cnns cach d:ne on which Ihe inlc¢st rale muld changc. (R7 Tbe Index � � Reeinning with the fni Chanee Daie,�hc meres�n c wrll M FuN n n Index "InACx" mcans ihe wccki� .�venFe ;IC'A on Unite� S��.nes Tmi�wry iccvri�ie. aGjunetl m a cons�am muuriiy af aic year, a made availaM1le by thc PcAr�I P � e Bo:rJ Cu rcm Index m nz the mo.�i mcem Index I purr avu lablu i0 dayv Mfore�he Change Ua�a If�i�e Index ❑�f d.M )'� �I c �� l Glr LrnA^ . - - Indcr:any mdcx p .c hed by ihc Sccretary As u�'cA{�� t�- R'd "5 t n. fi Se tarv ef I I usng and Urban Dc+clopmcm or h s m hir dcsignce Lender wi11 give 3 rowcr nm c of he e.. nuex � � � �� fC) Cal lat fln�cre.tR teChnngc Bforc ICk CacL d . - i 1 � ,vmmrcv�ru�cny,iJJnfamnrpno� � Two ano Cne Flalf pemrnmsc ��: P ^�� 2.50�0 -� �o ih � Ind . i d ng �he sum m �he neareze one eighiY of one pementagc pcini (J I 5��). Subi��i.a ihe I�mnc siaicd'n Paregmph(D)o(�Fs Rider his munded nmoum w�l'be�he new�n�eres�ra�c u vil tir.next Cnz�r:Cate . �D) I.imic on Interest Ra�e Changes l'b;in�cren r.nc u'II nacr mcreasc rn Aamase b��morc ihan one pemcnt,ec poim�I.D"b�)o anplc CI anFc Dac. 'ITC iniaes�rere will never bc mom�han fvc pe¢en�aFe poimn(S.Okj hlgheror lower than�hc n i nlnmcrost rare. IF.) Calculatinn of Pa�menl Change � If Ihe in�eres�rate changes nn a Change Dn�e.LenAer will catcul:ve�he amoum of monthly paymem of princip;J nnd in�cren xhich woulu Sc necessary b mp�y�he un0�� principnl baW��ce l� fuil a�he�mamriry�aie a� �henew inerest ra�c �hro rer u hsmm vil� cyml pa�mcnn� In mekmp such calculalinn.Lcncicr will inc ihe unpaitl princip:I bvl:mcc whitl:would Ix owed on�hc ChvnFc d tc ifthcrc hoA becn m Acfaui�in pnymeoi on�M1C Yote.rcdu<ed by ihe.�nio�n�o!any O�c� �ymen�x �.principal. The result oqhiz calcula�ion will be�he amoum of tFe rew mon�Fiy pa}mem af prmcipai,mA imrresi. IPo `1o6unfChanges enAcr v II g've notice m�onower of¢n} chnnpe'n�he •nerca rem �n�ivun�hiy puymem nmunm TM1e ioi�re mun I c p'vc m I�us� '_5 Juyc before i�c n momhh puvmeni n nwi . due nnd mus� sa fonh lil �he dme of ihc no�ice. fiil ihc Clmnec 1)me (' ) ihc aIJ 'n�crca ev�c f vl �he n n�ere+� raie �v) iFC new momhly p;�mem n- n nL Iv'� ihc Cm cnt Indcz mA �hc Jwc ii � p biichcd. �v ) iha meihod nl calculming ihc ehunpc in munihly paymcm ucio mi.and (�' ,xny mfer'nfurm,i on which may be re�nircd hy law fmm�ime m�imc. e�us. ?x .�I^pall'�eeaJ mnm��n +m -.� nin��nupi � � . rt .��`_.,. ',,.