|
`, ���� _ _�,�� 1_ t�� � .,_t .t . .
<br /> t�.,� n� c � 4� r- � �i.��_.9�'-•�="� - �,,,,,,,�^"r<� � ��.t�s �f fe -^��.:
<br /> ..�; =s . �n �„'�"'.�,-ti;... i .r t� ��'
<br /> ��t_`N,- ` . - - � M t d �� �....��-+.-�-�.� � �. � .�.�,�,f��s.
<br /> a`v., i• u ` ,. � - � ' 't .. ��:�- . S a .-
<br /> C r. 'Q. {' .� . 4 �
<br /> t. `v ::,,?S%i i4' � {x .,t t e . �� _ � � � � - �t' t�1 .S��1..�r-a*-:.-��`ifx�iE'�e "�4'`'�'�►R;ri's _ -
<br />. V _C;c- l�� ��'y',�yc _{. ��' '�X"'.�a..:i'9F�9�� c. _ == =_
<br /> �Y i�A,..0 ..CY •
<br /> .� '' . ` ` . . < , ` " ` . v .. . ` ; ' .. . . . ' , ., ,( ' �_.
<br /> b P -, . . . �. , ' • . -
<br /> • . , . � . . , .. . —
<br /> � . ' . . . � e . _.
<br /> A . . � . . ( ������� ` . . --
<br /> . � '. ' < . ����1��.�''��� ���, �� _-.
<br /> _. �. . . .� � , tl Y�Te�,s�'y tnd�-1R�teCaFsD `2Q027d40 , _
<br /> • • . , . � �
<br /> � ` .. . THIS ADIU$TABLB RAT�ItIDEA is made ahls. 2aTH . ,. �d�y of AUQUST � ,, � , � �-
<br /> � 4 9�5 into�td shall.be d� ta`aatert0 aAd eiappiement the Ma�tgagcs,Q� af , �aW
<br /> r .e�td is.incnr�uate� _-
<br /> . � � Tiuse or Setwriry�(t�a"S�CUricy Insuumeat")Q�che saias d�e given 6y tLe uudersibruetf tihe°8flriorl�°)m =_-
<br /> . ser,ure the Barro�ear's�djusffible ReLe Note(ti�°Note')to -_
<br /> � TAe EquitaDle BuiiGing an4 loan Ass�eiatiort of 6rend Island, R�Draege� p Fedarat Savtnga 6aat , _
<br /> � ,`(the"Lea�er')og the sa�se date and oovering the�P�i�Y descn'hed i�tiie Secunty Insirument eud Ior�ated a3: —
<br /> � 2803 W WAUGH ST QRAND 'YSIA�Ib�N�EBAQR�ASSKA 888a3-1���7 ` . ; . .
<br /> � THE'i1[0"�E CONTAINS PbiOil[SIOldS ALLOWtt1IG POA CH1011iQES tN_Ti�� t�R�b"1' `
<br /> ' RA'gE ANQ gi�E lMaI�i4HLY. FAYHAENT. YI{� NO'fE UMITS� TidE; AMOIfNCE ?if�-� .. .
<br /> 80R�OWER'S i�iTEFi�ST l�QTE CAIU CblAhiGE AT. d�6Y ONE ?tME AlNtl, THE . � .
<br /> ' � ' MAlQMUM RATE 7HE BOR�O1NEFi MtJSY PAY.. � �
<br /> . , > ,
<br /> �iDDI'i7'iONE�.Ct1�'BVllN'TS.In 2dditi�n to tl�covenants�aad zgreeme�ts made€n the Securltl+I�p�e�. , . .
<br /> .. . . Borrower and I.�er farther eovenant aad agree as foYlows: , ' • �
<br /> . , . �: .. . . ... . . . . .. �
<br /> . �.��T RAT'�ANdD I�ONTi'�.Y.pAY1t�S�GH�AIITGL�S ` ' � ' .
<br /> _ TTie YVota pmvides for aa initial interest tate of ,7.125 � :'o.'I�e Note grovides for changes In ' .
<br /> . - t�e i�teresYrate and the mantbly�payme�s.as folla�,s:. ' � � � ,� . . .
<br /> ' . �.'1�iTEl�.ES°r RATE.AN�D MUNTHd.F PAY1Vffi�'P CHl�NGES , ' ' , �
<br /> . � (Aa�e�tes . � , . . ,
<br /> � . , ; 1UQ IIIte�st ,�,I will pay may chan�e o�tYce fust day of S�PTEINBEt3 , 2000 ,aad aa t�si� � .
<br /> . day every 12t9''�rh e�es.Ear3i date qa wluch my i�erest:ate coutd c�hange i�called a°(�ange Daus.° . - r
<br /> . � . .� - � � � �, . � � � . ,:F'��� � � . � �
<br /> .. -'ly�.�:.a"�111�8 '. I��...., ' ' • ' l.,%•c;:t � • . .
<br /> . � � �� �Beginni�;,r�tB the first.Change D�ai�;;a3sy inte��r�tc will be based on an lndex:',"�e"Iadex°is the woe3dy ,..:
<br /> .:%,:;��•;;�,. �verage rieG�.�;�n��S���'.����II constent m�i�►of 1 year,as m�availaD2e by -•�r,;:;
<br /> 4 ".., fi availat�te as af tIte date�5 days before�t.l�ange�ata r�;
<br /> `'ii;: . t�'E,�?ed2fdl�e.;'S�s�tteB�D�?'d.'�le mOSt I�QP�:�¢ 811� • � ':i;;-
<br />_ . . , _I,��tZIC��ll[CIIL TI1t�X.° `", r .
<br /> . . I�the In�x is no lo�ei avai1a61e.the Nate Hotder wtt'�3 cdiaase e cmw�c w'ro�i��d�On oor•s�s:��;�-,
<br /> .iBformatian.lhe Note Holder wlll giv,e me�.otice of th'i.�chuioe� ` : �,;;,;,,� <':�
<br /> ,.;; :�,,;.:.
<br /> � ''-:. ,: .� ;�, � ;��.,..:.
<br /> . .C��orc�ai�es , : � :�::� : .�..'.'::.::: • . � ,���•. . ' :�-,��
<br /> � , ',r:.,;,• .,.;,
<br /> � . Befa�re each CY�agC Aate;.�te l�iote Holder avill t�alculate my c�r f rt��st rat�.�,��.�8 .� ��t.�,,-., '�.:
<br /> ' . 'fW� ' ' .. PeraentaEe Poimt<s)(•� 2.�(i0 ���;�,';::;;y, �)to tt�t�u+�t�.,;s`:,
<br /> � ' " Ipdea.Tt�e Nou Holder wIll�thea raua8.�e r�Wt of t�is udditia�n�ta ti�,asart;st'cYio-eightb oE one percent�j;,:�?'..
<br /> � . � poiax(Q.12596). SubJecx ta�the limits�stizts�Us Setifon.4�D)6elaw,tltis ravn�J�anio�nt wil!be my new tnt,qrest •
<br /> . xate undl the aext�7aauge Date. . .. `• ,
<br /> The Note Holder will the�d�tem�ne t�C amouns of the montW9 Payastnt�tbat Nonld ite sdfHcieat to repalr t� .
<br /> � � a�aiA principa!that I�a�expe�ed to owe at t:��hange Date an fal!on'the Maturity Date at my naw iaieinst tau
<br /> , � ii�snbstantially�nat�qay�tss.'I`be cesult of fl�is catcu�asinn w�T�e 1�re;aew amotint af my.mai�2Y PaY�� .�. .
<br /> . • .� ` .. . � . '
<br /> � � f0)�St�ap�at�es2 Rase Cbangcs � " ,, � 9..125 . �96 . .
<br /> T�e iiue4est�sRe I c+m ce�uire�to pay at the�ust Chauge Date will c$t be greater than
<br /> . ar tess than ., 5.125 �.'PhereaRes.my intemst rate wjll nevar be incrrased or decreased on . �
<br /> a�ny single Change Date by maie Ehan taro peraentage.poiats(2:09b)fra�m the 1 2 oi 2�5 Ss�I l'�►ve boen�]ag
<br /> �'ar the �ocedtag twe3ve'tnuicths.M inter�st rete will aever 6e gtszter than � . .
<br /> My i�nterest rate w31�1 never be 7awer tAan 5.f2S�. . �.
<br /> �'.,..�
<br /> � (L�E�edtve Aate oiC�es � • ' .
<br /> . � My aew inierest rate aill beoame effe�tiv�on each Change.Date:I witl pay tP�e atnoun�of m}t new'�anti;3y. .
<br /> . pay�nt DeO1�±ng on tae first monttily payment date after the Change Date wu�l tha uaount of my.�un�f3� '' '' .
<br /> . . PaY�aent ch�nE�s a�a��• , . � . .
<br /> ,� .
<br /> �. (Fj 1�Yo+tPce olCLanges . . �
<br /> � '�'6e Note HnIdor will deliver or mai{to mc a natice of mry chaaSes in m3►iu2erest ratc ar,�the amount oY my „
<br /> � . � monthiy�ayment before tlte effective date of�ury chaag,e:'Y�e notlne wiIl incIude�aformaiian required bq lsiw to .
<br />- ' 6��iven me aaid nlso th� 6tle attd telephoae numDer of n p�s4n wIlo will a�iswer any quest3on I may �ave .
<br /> regardiqg the.uotioe.. . � .
<br /> ` . .
<br /> �
<br /> ° 19A1dLTf5TATE�IStJl1STABLE RATE RibEit-AflM!&Z-Sic.�io Family-Fannte MselFraQdfa G'ae tintbrm tnetrtirtteM..r �?y .
<br />� . .� �
<br /> �_ . . ,��py�� vrEa�doarc�aseearti�s-teomsa�•sss� �w�eeoant�evaaa
<br /> .. �. _
<br /> .
<br /> � _.._. .. ._. .._.._._ . .. • , . . _ . . _ . . . . . _. , ._ .__. .
<br /> . .. . ...
<br /> . . �. .
<br /> � , .
<br /> �. � • '
<br />
|