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<br />II
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<br />AVIHTIO;\.\1. CO\ E~A..r'TS. in additiol1 10 the \"'o\'{:I1ants and. agrcem~~Hs
<br />ikln;:I,\t:r ;wd 1.l.:iHkr further covenanl ;:'lld "grn: a~ 1{111tWiS:
<br />
<br />
<br />ADJUSTABLE HAlE RIDER
<br />((nk,",t Rate LliIlil alld Payment Cap) 84--.... 0"04"576
<br />
<br />r
<br />
<br />"lllIS A!)]USTABLE RATE RID!J, ", made'
<br />.i..lnd IS llh':tJrpnratt.:d. into and shall bt., deemed lo llHWi-ltLfnd
<br />Dd); (the "Seutrity Iliqrument") hy
<br />Adjusf::lble RatL' Nme to >
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<br />,
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<br />t
<br />t
<br />t
<br />i
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<br />The Note contains
<br />subject to the limit stated in the Note,
<br />monthly payments maybe higher,
<br />monthly payments may be lower. The Borrower'also
<br />payment increases to 7 '120/0 each year,
<br />
<br />rhL' ;\,;ph: pn;\ idi.....I;'lf:Hl illitial'iOlere-.t r~d,' "r
<br />rat,-' ;md I ilL" 1l1.O!l\hly payments, as f~}jh)w~:
<br />
<br />A, I!\TERE~T RATE AND iVIONTHLY PAYMENT CHAN"l<;S
<br />10.7
<br />
<br />{:;-" St
<br />
<br />'-'on 4
<br />
<br />,he Note
<br />
<br />"4, t:>;TEREST fUn: AND MONTHl.Y I'A\:\IENT CHANGK'>
<br />(A) Change Dates. .85
<br />1 he Hllere"" I a:C 1 "Iii I'"\ Ilia)' change <HI Ihe 1:"t .b)' ,,' JulY" '"""..,,".. 19,,"....;..,"'.
<br />t:\d.\" 12th 111(lnth {hf..~ft.'al!n. l::a.cn dak nil wfllch illY lltt~n.:~[ rate l'Duid change is called a "Change-Date~U
<br />
<br />(Ill Thl~ ludn.
<br />IkFJllllil:r \\ll!; ih. it!>! <. 'hal1!~~ Dale. :~l:. lllkn...."! Llk' ,\ Iii lw ha::.cd on an Im.i1.':\. The
<br />\\'.:1--1 un UnHl.'d SI.,.11-.:" rrl'~l::,uIY ~t'(utlll<..~'" ~~dpl"lt.'d \<" ~I \:C;I'-.talll maturity of I 'y~ar. a.s
<br />K,:c,u\\..> n{l,lr~t rh<--' ll:\l'>! ft\.'l.'II! Indo. !It.!.;.fC ,\"..ll!.:t!'k' il:-' "f tht: date 45 ddj'S bd()fc'cach
<br />"CU! r\'1i~ lHdL'\ .
<br />
<br />1r d:~ lmL:.'- h 1h1 It.)ng....r ,1',.llbbk, ;he ~\Hl' t-hkh.~l :\"dl ~boose- a,_ new
<br />li;1liHl,\!h~jl I'h~.- "",'h.; lhlld'~'f \~lUp\:1.' 1111.. lj,-j'L'-'\,f thl-"....it~J!(l'
<br />
<br />;("1 ('.llt"l;i:lioB HI {'!l<Uil..:.t:S
<br />Bd,\:-: C,h l; i ;:,:.t:'_" t)~lt" lh,: i'~i,'it: Hd.k!' ,\ ill, .IlI- Ul.':l' lll\ PCW llllat;_'lt rale by adoillg ..}.~.~..... pei'ccniage point~'
<br />1.9 :.11,-'/:1 hd__.\. fht 0f0h: I illhk; \~ dl,it'.'H n_:tt1hl thr: n~':,u!l of this ~ddilion tQ the ne8rest,OJ)t:_--eig~th'c
<br />,u" "" "-. '''',;, "uVJ'-"-' ",l "_,iil.:..! lit :);;,'~';jljli ';'1 D) hdow. tlu:) rounut:o amount.wiiil~~~:-_rny'-new
<br />llll.n-\',,: rd~,' I:;, ~! ~l Pc \.1 {'h,,,,!!1..' D.llt:
<br />
<br />I L,: -'tit" I id,>~; '\ ill t~H:1l dt."kl ~ilHli. lb_' ,1lh'Ulll ;\1 nIL' n:\oalhly p~ty-nll~nt that would ,be suffi,c-ient to 'repay: the
<br />;:r:i .ii,) : 'J ;!ll !j_.l; ~ ~ LU", f iH~ Ju,w I Jill l.:\p\"l..'tn! l~l "\\ \: \ 'II I Ill. ChauW..'- Date III full 011' the, maturity' date at my ,new
<br />Ul:r:i,-~,; "t,\.- m ".tll....t.H1l1,I.i!l ....'--I,hi! i:;-;J.)llIt:llh ill.: IL",nlt .,r tt;h ...'.lktlhalluU b l.:allcd the "Full Payment Amount," and it
<br />\\di b~' ~ !II.: :l>':\\ ,tH1I1111;! <.': .il.~ l!Hlnltli;1 p.l) :lI'l'ql hnk'" Il hnl\"~ lhl" .H!lt)unl permitted by Sectioll,4-(E) below.
<br />
<br />
<br />101 tiliut uti Intt.TI,:~t kllh.' (,hufl.~t:~
<br />~1} llllu \",1 ',Hl' ,ll,d~ in:..-!.:!' he !;;fi..'J.i\'J iknl
<br />
<br />18.7
<br />
<br />lL) IlUlT\f\-'H.T's, Hi~tlt to Linutt.'d PU)OIl'm _\lnHullt
<br />l;llh:~" S...'\.'1I01h 4((,) ,md 4(Hl hdnw "ill IhH I',...:rmil ill"; it.) do ~d, I may ;,;h(l()sC tu limlllhe ~lttounl-of'my new
<br />Ifh.lHl.hly p,,~ym-;:H\ flllkwing ,I Ch~til.~t DJlt: k l!i...' .tlll\~lilil I Ln.... bt..'~~l: pa)llig muhiphed by the- number 1.075, This amount
<br />h -..:..dkd lilt.' '.I.l!lUit"d P<.lymciH Amounl." If j chollse the Umikd Payment Amount, I ,must give the Note HoI... notice
<br />that I am doinJ; ~o at i;;a~t IS dH,)'~ befurc illY hl':!)l nc~ IHtHuhly p..}'Uh~llt i~ due.
<br />
<br />lF1 Addithm~ to :\-ly Unpaid Pri.u:ipH! H-alulu:c
<br />If f dl'J\l:-'~ thL' J ,inuh:J P,lYIHCil; Amoulii, my IlldJi!hiy pay l~h.'I1l ~'lluid be Jess. than tht"amount of the interest portion
<br />pI .J HhHllhJ} p--tYllll.:nl \\'IU,.J: !hen \~<luJJ h~ ~lJili':l~hl i,~ H:pd)- Ill} uup-uid principal balance Hl full on the maturity date at
<br />rny '''':~.H't.__fit im1.:n:sl l~t{l.," In :-uv;<.t;.ili.tuliy ('~U;t; P,I\ m,'!Jl-' I.I"~, c.lt.:h month tllat lh~ Limitoo Payment Amount IS 1t.'Ss than
<br />th: Hlkn.''>.{ !K'fllon, the Nntc Holdt-r \l, IH '\uhILh.'r lh..~ 1 tnlll-l'd Paynu:ni Amount from the amount of the interest pot1ioJl
<br />J1H.1 \\."lll ~i...J.J lh,' dln::r";rl":':~ it) my Ulip.-I.HJ f,Lf":ll-',-d b~il.lHL'I.: 1 hl' N\lle- H01Ja will ~lbt) add intcn.,~t Dn the amount of this
<br />.:.hth;fqkc lc;- fn~ UliP;HI.! prin..:ipal baL.I~,....;,; 1.:;.1<..11 [J;(,'Bth ! he trH'~::c~! r<.lk" on the ia~\:re~it aJdcJ \0 principal will be: the rate
<br />!"I.."quirt.'d by s..:..:tH~n .t{C, 4bo\.-c
<br />
<br />L
<br />
<br />~(~-' Limit ~]a Unp;:W Prindp;,d Hal.mrc IlH::n.:~.'.rd \lonthly Pa)"tnCiH At\lo.unt
<br />~'t) il!lp.~ld p; lih:1P",! haJ~Hh.-t' t';.tH l1t\~'f t' \~-n'~J .; Ill.L\J1'lWlll ';HilU\lI!t I.;':";,lallu fl\\.- hundrl'U l\\~llly~fivt:: pt:rccnt (j 25%)
<br />\,1"11\(,: pWhlp.,J .iJ;.it"nmi f mq;in.J!y r.uno\\t,:d M} F.\~l;ljl ~l.llIllJtLU P:l\--m.;,:,'lH Allwunt ufter auy Change {)ale~l,Juld,ause
<br />m:. UHP,J..}\J prtti-...iiMi bulJ/l-.;,,- lu n.i...:ct.:,-; Ill.H 'il.l \'Hl!,.<lll JfllOUllL lr ~~}, nn [h~ UUlt,- IfHH my pu)'inS il Linutell Payment
<br />AW_-I.'nU \..'(,ul~j i;'lH_I\\' {lit I.V l':.\,-,t:ci! ih,1! IIlhll, t ',~:~: !it"'k.~.: h':t;li. p.l)ilng a Il\:W 1"...11\(111) poL)mcnt \lntiJ th.t 11(;:.\1 Chung(
<br />D~d-.t:.. Th-c fll>Jf_:tol): p..jlHcnt 'A\ll i'~ H. ,l;i ~l(i" \~ in... h W\l>.lld h~: ~uakit.:lll 10 rqM) Ill} ~ltc!t unpaId pdncip,d bl:lhult,;e
<br />w (ull ;lii m"n '.1: H) dtHt: ~H toy .Lwre1Jt Ii!l~'r..:~l : _l;i__ d. ,,(jl;"'!iUHl.di) t'qual p.lymt:iH'::.
<br />
<br />ADJUSTAl1lE RAre RIl)U--P14n 1\.1-; 4 '"n""
<br />
<br />fNMA Uf\~tj)fm t1uttV'm\"u;
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