Laserfiche WebLink
The mcwt recut Index figure available as of the dates Ib days before each Rate Change date and <br />45 days before each Pa vment Change bate is tailed the "Current index^. <br />If the Index is no longer svidlable, the Note Holder will t xxw a new Index which is based upon <br />comparable mformation. The Note Bolder will give me notice of this change <br />(B) Calculation of Changes <br />Before each Rate nge Date or Payment Change Dar the 'tote Holder will calculate tsty new <br />interest rate be adding ... percentage points {.__ `.' ..._._.. -. ► to the On Tent index.. 77he reaWts <br />of this addition will be my new interest rate until the next Hate Change Date or Payment Change Date- <br />On each Payment Change Date, the 'iota Bolder will tirm determine the amount of the inontirlt; <br />payment: tl-,at would be sufficient to repay the unpaid primipal balance of my loan I am expeLted to once on <br />the Payment Change Date in full on the maturity date at ray necw intered : rave in substantially equal pas- <br />=mU. The result of this calculation will be the ammunt of my new principal and interest. Past Until <br />my nett Payment Change Date. <br />M If this or down- t'1Rse nu"*t ratte"as is checked, calculated > n 2 ((B will be the new � aim interest rate up <br />( 2) '-I( if this box is checked, the interest rate' that I pay shall not increase more than ... ifs . <br />pwomtw points on any Payment Change Date. too <br />c 3) -� if this box is checked, the interest, rate that I pay shall not decrease molt than <br />Parentage poitk4 on any Psyramt t: hange Dam. <br />141 " "' If this Fox is checked, Ilse first nit rate that I fray shall not 3rxWrrase ttt,�sr:= than <br />�� Liss crn any Bate Change Date. <br />