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<br />84....... 002492
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<br />ADDENDUM TO ADJUSTABLE RATE/GRADUATED PAYMF.NT RIDER
<br />(FL\l.'U I{alt:' <. 'Ullvt.'p,um OplWII)
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<br />r
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<br />I illS ADOENDlJM TO ADJl!S'IAHIl. RAIl' RIDER OR GRADUATED PAYMENT RIDER is
<br />made ,hI' 9th d,I\ "I' May I ~ 84, ,,,,,t " IlIcorporated Ill'" alld shall be deemed 10 amend alld
<br />\-upplc:ml'lll the AJju'tt.:bk Kale KU.icr or Gr~ldu,Jh.'d P..I} "h:1l1 RIlIer hhe "Rider", to the MorlPJC. Deed -of TrUfit._or
<br />IJecd 10 SCl-urc Ddll {(he "St,,\:uflty In~lrumcnt"). C';'h.:!; of whld\ bean the s,ame date shown above and is PVeD by the-
<br />Ulld.,,,.glled (III., "Borr"..e,") to ",-,<,ure Borro..er's A.IJu"rable Kale Note or Graduated PaymelllNolelO ,........,..,..........,.
<br />. ~.:i.o);..MoX'tg<;\ge,. lOCo . ... .. 'u" ....,..................... (tbe"Lendet")
<br />"fthe same date (lhc "No"") and c,,.enllg the property d,,,cnlx-d III IlIe Security Instrumenl and Ioc:atedu:
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<br />24.2J~~t !,.pui~e Gr:Clrp..I'?J~r.K.i/....~....,~!?,8.2,+,...................................,
<br />[propetty AddreSs.)
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<br />In addition to the prov.I._1 contoin.d in the Rid.r, thi,.ddenduM_y
<br />p.nnit the Bonow.r to conv.rt the odjultobl. rat. loan inta a flx.d rat....v..
<br />pay",.nt, fully a",ortizingloan.
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<br />.-\DUITIO!'ll-"l. CU\ ..J'''~'l'~. In addHlon to the ((}\cUanb i.l.lld agreements made an the Security IllSlJ1UDent--and-"the,c
<br />Rider. Uorrl)WCr ;1nd Lender funha c..)\'enant and .1gre~ -iJ;~ foilows'
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<br />A, OPTION TO CONVERT TO "'XED RATE; CONDITIONS TO OPTION
<br />I EJl.cept a.'\ pn)\'I(kd Ul St.'t:llon A .2 below ami nOlWllhsl<md-lOg anything 10 IQe contrary in the Nocc or the-Rider, I,may
<br />l'hl)O!\l,; !II ..dll\-ert fH} ..adJu!Iolablc fall' li1h:rc~1 payments w fixed rate anttresl payments, as of -the fim day of
<br />~J_W1~ . lq 87 or a~ 01' that day of the ~fn~ Inonth of each of the following ...2.... ...... ca&endar yean~-_Each
<br />Jalr- a~ of Whh:h J GUll.hoo~ to couvert my Ullcft..~l p4)'lHCllh l~ L:aHc:d. "C\.:nverslon Dale." Tbe last pouib1e Convenion
<br />Dalt'h June 1 . l'-J 89
<br />If II.:hi..Jth-t' hl ma...c IhI,) (l.lll\('fSHlO, I m~t ~1"'C tho.. LI.:nd(r n.~tlc" that I am dOing ~U al least 30 days before the neat
<br />COll\tnshHI Dale" Hhe "Ttlt:l:tJH' CUU\o'ef"IUn Dale" 1_ I abn nlu~t )'lgn and give 10 the Lender a documcnt~.in .nyform,tbal
<br />thl.: L:IU,kt rll.s}' 1~'4UIII.._ ~ jl.1ugm~ (he krill) uf (hI: N"H~ .1:\ IlL'\.:t.:~lY 10 give c:rfCC-11O the convenion.lkatnninIJ~i._h'IJac
<br />I-:tlt:'\:l1\'t.' l\Hl'''cr~10n Datc, It 'lh.:h I.\Ju.~r~wn tu.' been ChlJ~CII, m)' mtc:fcsl rale wiU be eqLUU-to the-Federal-National_-
<br />Mortg.ge A""'ddllvn\ pubh.!,oo '<-quJfcd Ne' Y,eld h" .l1J.ycar, fixed rale mongages covered by 6O-day maodalOl'Y
<br />ueh\-cf) _ l.:umnuHfI~Uh Ih4t 'Aa,) HI dt~1 a~ ~)f the dale 45 days before the Etfecttvc Convcrsioo o.te. ph..
<br />lIS '" one I",,,:elll (. 375. ','j. 1i"Uch re4ulfcd Net Yield IS nol avllilllbJe, Lcnderwillddermiacmy
<br />He",". hAell Hlh:rcl!tl ralt: by u~Ulg a ..:vmparabic hgufc
<br />2 If the ""I>d.d pnnnl"'l oal.""e 01 my loall I>1l the EIf."",e ConversIOn Dale Will be grealer than the oriPaaJ.ptjacipllJ
<br />amuuHt ul HI) l\Jan. the L-t.'lh.1cr m",,) re4uire lhat a 4u..lh1n:J (c-al ~tale apprau..:r. chosen by .be Lcndct.~prcJ*rc:"
<br />appnu~j ft:J.-~H'l on the \'<:s.!ue of the ~\';'Uf.:d prupc{(j I "4tU p<1} the Lender a reasoruablc:: fee for Ibis. appraial-rcport: Iftbc
<br />uup.uJ prUIl..1IMI n.t1.11I..\,." <If my lu..m j'll the ldiL'\.:tl\-c Ctm\-cr...lou Dale Will be: an amount grQh:r lhan,95% Oflhc ~.tuc-of
<br />the plolxn; "'~l,,;unng IH) huUl. .is OI4.bh\hcd b} tht:: .irpral~l repon, I Will not ha....e the optioll to convert my _.djU5laWe
<br />fOlk lHlclt.''.101 J1.li)llh.:Ub JO\..J1bc:d HI Sc:\.:th.U A I at~,J\~ IJnk...... l pa)' the- Lcndc;r un amount .suftit:icnt to reduce the unpaid
<br />pruh.:lp,.I.i hatiJ:B~~ IU l h..l( 4UHl,JUut
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<br />B. [n,:rt:Hi\J1NA nol'o U~ l'ot:w l'A nl!::'''' ,~,\I0li!'. r
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<br />If J \.~hu()'M:' to l,.:'l,)ll\cfl wa thcd {.lle of Ulh:(r:~t;.13 PfO\IU~J. m St:"~uou A above, the Lendc-r will then determine the,.mount
<br />of a mtHllhl) p..l)mC-Ul th.u VlI"-IUltJ be ~U"K1ellllo fe-pot, (h\:' ul\pauJ pnncipal balan~e afmy loan I amCl.pec&ed to owc OIl-the:
<br />llt'o.:H\C CUIl\-~I:\h"m Dale- ill full un lhe 1H.i(Ut1() Jd-lC..it fH) lIeW Ultefil:~st rah: U1 MJb:!tlaJUU.Uy equal paymal&s. Thcrawlof
<br />Ihl3t 'ak\lt.UhJU WIU be tht: 11(,'" alllount of en) monthl) pol) lHcnt (lhe "New Paymc:m Amount").
<br />
<br />c. PAnU:l'oI OF !'ol:'\\ PA\'Mt:NT M.IOVNr;CO'T1:'1olJATlONOF FIXI::DRATE
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<br />lkguHlulg With my nf~l m,omhl) po1yult:nl aftef the Lth.'dl\.~ CtJn\'crslon Dale. 1 waU. If I ha~e cbOiCD the fOfaoina
<br />~I.IU"Cf'\tol\. p.J) lhe ~C'" P3)-mCn\ Am\.)UH( .1~ 01) l1Iwuhi)' p~'-Uleut. and the interest nne:- J pay will nOl chanac from the
<br />lu,t."tJ rate ~t....hh~haJ a.. 1.11 lhe l:tln:u\Oe Lon..-enluu u.ut:"
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<br />I), "A \' MI:'!\i r O~ CUI'lo' ERSIO' ~E"
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<br />f-or dtllU:.-lfIg h) ""OU\cH HI) adJu:.I.1bh:: InllCfl..""lol 1.1lc p.J.}lIiJ:iib to UAcd HUe: paYlm:nb, a~ pro\'lded above. J wall pay the
<br />Lender <<I 1,."\.'nH:n~-h.H\ f\."\: equal to 1.5 pCfl...:cnl t 1 ~ :) %) of that pan of prane,pal that. as of the Efccti\'c
<br />C..me""", D.te. tlil.> IIot been paid p)ll> t.:::o. $ 100.,00 (1101 10 eAceed SIOO.OO). I wllI pay the
<br />f,.'OU.Vt:f\w!1 f<< on o.~r txtl1fC the Uale vf m)" h.hl muitthi} p:.a)-rncut after the EIl'echve Couv-crswo Date.
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<br />E. NOnn: B\ I.t:ND~_R
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<br />Bc:IUtC' lhe_ ~..:ltc: uf IUI hr~I intHuht} Poi) tH(,111 <iHt,'f lia.' I.Hcdt\t:' CUH...~~lOn Date, lhe L-.:udcr win nwail or \khvcr 10 me:: a
<br />ROU,,"C' of In} It;;-.... lIIh.'tt1ot r.ut' ii.) uf the- En"C\:o\>c CnRH!f"-h,Jt D~tc. the amuulU of my New Mumhty Paymenl; the- .mount.
<br />of the l..'otl'.c-rW:(JU lb:. -amJ olI dace toot l..llcf thaH I ~ Ud)" trdlU the JalC Ih~ Lt.'udc:t ,K.l'o'c." !H(,' fhe notte-c) by whu;h 1 musI SigJ'
<br />~uld In'~ tbt t('UUf:.r .a (j.~~UUl-ctH m4~mt Ih('.. h.1h~l." !;,lIH': :"'llut~ thai lire JH..-":t';o.~,ry tu pru\'tJ:e the new h.l-N IOJuat flUe:,
<br />llw IWlh.'\Z 'l\\U mduJ... dU mfHrm~li~m 1'l:\4ullnJ t,~ LI~ 1<1 t~. fl\.!:1l flk' and aJ:::.o the:- tltie and tdephone- number of i per:s.on
<br />wAo "-JiL".u,'*a .ail): IotUt.-~li...m f UI") h.t-\"e 1C',:;ah_hu~ ,he HU-i I.. C
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<br />~M to MlJlln..4.I lAll/GIADu4no 'AYMf,Hl RlCIf.
<br />l'''~ \iv lit,,,jJ:-- '~-"'-A, AJt~ ~'",*M Piwlj "" I A-'] ,4, J aiW,j j Ij
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<br />ff'ill r;eo}.~iy ~n.4e" w;fh Con..rwon Ophon-" HUU
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