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<br /> " �� ADJU�TABL� �A'�RII3ER. '��� ���� �,. -
<br /> 'I'HIS AAJlJSf'AHI.�RA'I!�RIDSR ia saoda dd� ' �s�t tl�ty ot �Y� . , i sfs ' .��
<br /> ipoarporaied ipMD md�Ew de�eaned b arotena aal appi�loe i►aory�.ueed at •twt oR aear.�q i,.a.��.`�.w.iq` .
<br /> ' �'�at dia nme dre�iveo by d�e und�r�ned(�e"�')lo�recvrs Ba�o�►e��e A�bb ib�riaM(w •
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<br /> � , xa�s r�n�w�. ea►+ri� � �onx �so��►xlar or a�+xa xer.ui�
<br /> ld�e"lt�aml�`l t�f:84��!�snG`'i�tte u�ocax�irr�.�e�na�ayy ck�cii6�da�ia►.tfw Secwigr InNtraraarit nmid]ac�led�k: ,
<br /> .�;_� �CYi1'�...�:x�'1fi7. Yc��i4° .
<br /> � � WOOD 3L'��l:_7 ����T�1 �e��s:�
<br /> . . �` (Pta��Mdenu3 • .
<br /> 'iA�'fl�NOri'� CONTAINS PItOViSYOri3 Ai.LOWINq,R�DR CHANG�t iN M7*llNf'SR�'8P h,�i'!'E AI�Ip�tY -
<br /> MU�i'!i1l.Y PAYMI�NI'. INC1tEASl� IN 'f� iI+R'SR�'@ATB ONII.[. itRS[l�,�T.•lN 11ICN� l'AYM�NTS.
<br /> ng�Fr,�, �ni9��l'�aNT�iLST ItA't'B WILL:ZESI]a.T IIY LO�I�&R PAYM�V'�'9..:� � . �
<br />. •',:r`:: :• .
<br /> Af)BT�ONAI.COVENANT�. In �rlditiat oc� d�c cove�ts er►d a�aana�ts �pAda.'iu� d�.S,'t�.�4lrity In�wuns�QU.
<br /> • Hormwrr nnd I�ereder furthu cove�u►t�and Wq�a os folluws: ; . ., _
<br /> A.INr�i��.S'T RAT]E AND MONTNL'SC PAYA9ENT CHA1�1G:fsS • ,. �, .�+} ,;,
<br /> 15e Noto proa�[]ies�fn,c M initial 'tnta�est rato af � �.B 75 ..,�'/o.•'llse Yde �ovk3ea Tz;x.'-Cbiiogd Iu'the ,_.
<br /> int�st�str.:aM t3�c�nont�riy ts�ymutta�as followe: , . � •
<br /> • 4.Y1YT1�!R�'S.�'�1��AND MONTHLY PAYII'�3�'�'•��'Vi�l�;S � • � � ' • • ., ' ,
<br /> , (Al.?�'�hsib,ga?Afftt� ,. ,
<br /> T!►e intcrest egta I will pay may cliango on the i'ir4,t day of XOVLMBER , �.99e ,and on��hst clby
<br /> evay 12�f rtwnth tltcreatux.Each dete an which my ihtcrest rat�oould chaage L,etillcti a"Changa Date." ' �
<br /> (B)The Iadeu
<br /> I3egtnning wIth the fi�st Change Datc.my intc�.st rete wW be 6�d on un xndex.'I�e"L�dea."in:
<br /> THF iiEBltL3i A1lSRAf3S YISLD ON UNI'Y� BTATSS TR�ASURY BSCURITZL9 ADJUSTBD TO A
<br /> CON6T.#1NT MATURITY aF 1 Y6AR, Afl MAA� AVAILABLB 8Y '�HB FBDERAL R�'JSRVS BOARD.
<br /> �rne�croc«��ma�r�R��bi��of�n�au�:� as aay� ❑ _ _
<br /> b�.fcxe each Ctunga Dato!s called the"Cum��t Indea:'
<br /> If the Inde�c is no lc�nger availablo,lhe Noto I�o1dCr will chooso a naw index that!s basai upQn compazable informatlon. "
<br /> �lie Neta Hokkr will give me notice of this choice. ��
<br /> �'
<br /> (C)Cakulwtba ot Changes �
<br /> �
<br /> Befoan eac.6 Changa Dnte,the Note Holder will calculate my ncw lntcrest rate by udding �;
<br /> Two t�rm oxs xax�F percentagc painc(s)( a.s o o �) co the Currcac�n�ex. F
<br /> Tha Nate Holda will then mund tho msult of this addition w iho n Neazest [] Neat Highest 0 Next Lowest K
<br /> ONR SIGHTN � .125 °/p�.
<br /> Subjxt tn�Wnits stauel In Secdon 4(D)below.this rounded amaunt will be my new intcrest rate untal thc neat Change �
<br /> � �The r7ote Holda wW thcn detc:mine the amount of the monthly payment that woe�ld 6a sufficient to repsy the unpaid
<br /> principat that I am expccted to owe at the Change Dato in full on�e maturity date at my new intrrest�ata in substandally I
<br /> oqual payrmEnis.'I'he result uf 11►is calculation will Uo U�e new amoeuu of my ittonilily paymca��
<br /> �
<br /> (D)Limita on Interest Rate Cbxngc� �
<br /> (�1�ase check oppropriate Goxes;�f no box!s checked,there wtll be no maxfmarm limlt on c/rangcs.) ;
<br /> H(1)Then;wW be no maxdmum limit on int�est rnte changcs. ;
<br /> xx !9\T6�int�wne rot�i am m�uirwrl fn nav ot t}ue firc)�'Aunu�nnLa will nnt ha amotar�hon A.A7ri CL l_
<br /> �—�a..� ...��............���...�_�..r� —-------v-—�.._.....__��_��.. - - .,,
<br /> Oiiessthatt 4.875 96. ^ l
<br /> [](3)My inuress rate will naver be ina+�ased or decm,�scd on any single Chango Date by moro than {
<br /> TWO PER�ENT per�ce�tage ppint(s) ( 2.000 �'o) from the
<br /> rate o,f i�tcrest I have bcen�ying for tho pra�eding period.
<br /> La(4)My intcrost mto will ncver be greatar t1�an 11.6 7 5 �i,.whirh is callcd the"Nla�imum Rate."
<br /> THE "MINIM[JM REITE" NYLL NEVSR SB LESS TfLAtJ 4.8754. �
<br /> MU6T19TA i'E ADJU9TABLE RATE RtDER-Stnple Femity e�p+ '
<br /> Pap�t ott �
<br /> �•SO�A(0�01) VMP MORT011�6 FORMB•(800)6@t-7201 Inil:ait: _ _ __ ;
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