|
_ . ;.L_� . . r , ... - -- °d __.
<br />.r 4i.>, '
<br /> �pr.�s ofli-sivaa� -
<br /> �� • - --
<br /> .F -- _:
<br /> �,� �
<br />-.-.- �3�TST��I,� �A'T� ��� ������� �"=
<br /> . �_
<br /> iSTH MARCH , i996 ,aIId is �_
<br /> �y``�1. TFEFS ADJ[TSTABT�S L�?►'PE 1�II3 is made etris duy of
<br /> �a`` mc�garat�in�o and sLnF�Qe�ed o�amead ancl su�Q2�t t�e ftrl�ge.�d o�Tiust��aaity DeEd(the"Sec�ity �
<br />.. InsOrm�te�4f the same d�e giv��y nite nndas�ted(t�e°B�r�.vea"j tu s�cun���c��'s A�;,ust�2e Rate N�(�e °�-`_
<br /> �.,
<br />�`,;.." "Na�'��u -
<br />_ - � �ns�t. savn�ras � r.At�v Assocxr►Tiori aa � isx�t�m ��
<br /> �-
<br /> .:t,;=::���. �
<br /> P,�e"f�"�c�die same dut�e 2ad�¢he dcsta�'Ce.s°is���S Instsu�necu����� K-'
<br />`;:.�. �,.`.',: . 3425 CiR1lHAPR AVIIS� � 3�AHR.f4 Fil�n GRA�SLAND, E ``�' �,
<br /> `.:;`;••:; . GRRi3D ISLAD3D. L5B8f�3SFC1�1 68803 —
<br /> Y", IPta�enY aadce:al .
<br /> '.'� 7�3►3�YY'E�OPI7'AII�IS�1���t�PIS AH.LOWIIIIG R01�CBAIYGFS IA1 MY Yt�3'EREST ItATE AND biY
<br /> MOI�i'�J�.Y PAYMENT. II�FCREA�dN 'PHL�E�f �ATE�L RF�UI.7' �1 fQt�� PAYIV�EPP['�. �`-
<br /> � pp.[�tw�s�.lC II�l'�'�II�1'i'�Y�4"I'RA'TL�FII.L IiESULT IN LOWLR PAYN�N'I'S.
<br /> ADDITIONAi.COV[�td��. In ddiSa� ta tbo cava�sat� aad agirements made � tis� Sec�uity lnsYs�cab �"
<br /> � Barrower ond�.eada fiutIxa cavmant aa�ag�ee a4 foIIowa
<br /> �
<br /> , ��
<br /> A.IIePtE�'Y"I�ATE AND PYgOPI'['#�LLY PAYNl�F�Cl�AN�
<br /> �� 1he F�Tot�gra�vides far 2t'► initial intrrc3st rate of 7.o00 �c. The Nate pnovides far cltnnges in ttxa F.'
<br /> tat�rest tato aad the moatblY P�Y��•as foIIaw�
<br /> , �.Yi�PfL�RF.S°3'I3A'II'8 A�3�D I�'ZON7'E�.Y PAYA�I�YI'C�Ag14iES �
<br /> � .�
<br /> • � (A�Cl�aaie Uatcs �.
<br /> . `�� Tbe int�rsi:ate I w�l paY mtY�an��t day of �'� . ��9 .a�oo tbat du�?,
<br /> � �� o�r�sy 12TH mon4�thaeaft�r.�a.�a�F�my mtere�mte wuld ct�ange is��'�e�ge Date." .
<br /> «.,, -_
<br /> . ��1 . (a)3'�P IInd�
<br /> , .Y�; � . --
<br /> ;;%�;'; Beginning wityh tha Sc�CbsmEe IYCa,�y inte�est r�ta will bc b�qn aaYndeo�.�a"Inde�"i� .
<br /> �t�;:,i'' . , .
<br /> ;.�, '
<br /> �,:'rr{,iE',,• —
<br /> '„`�j4���, . ' —
<br /> " T6e masi rocr�tTiWax 5g�re a�au�'f�ic srs of ths date:� 45 days ❑
<br /> ;;;z�;;t��.�. � befam ex�G�wnge Date iscsl2edt�:�'�ti�rterstla��c° � �
<br /> ;.:.,�?, _
<br />::r:t�.; ..; . . --
<br /> ','`,';.��,, • ' . IP t�Iadeac is fto bngea avu''�t�.t�a I�nte k�z�rl�rw�71 Choo.te Snew fade�thai i9 bated upan campaia'bI9.Infapa�adan. .
<br /> ': :,,�:r... .. The Nde�ta93�r w�l gFve me ndi�u���c�oice.�
<br /> r.�< . ' . _
<br /> � � (C}CWcuTatlob o�CLa�ges
<br /> '`"�; � Befae each Ci���th�I�Hotdu will caLcul�iz my new in��e by addi�g ,
<br /> ``�?i�� �
<br /> '''.ty'���� . �o �xn �8s ���xe pa�anwge�oinus)( z.�s o �6)co at+e�aarmc mda�.
<br /> •`'r�:;,�W; 'iba Note Ho1da wiII thea ro�d d�e�t of tbi�additine w the Q Neare�t Q N�t,;��^ies2 �]Next L.awest
<br /> •.:,.,. o�c �ic�rrx ( . =?�5 `�b). -
<br /> :'•`�:� ..: Subject to she fimics stared fn Sec����J)6e3ow.thls rounded a�n�c►t wsil de my_new�..st�r�:s:�,r:d.�i�e aext Cby►ge -
<br /> ;;z�,r �
<br /> " ;�;�:ti 'ti��r'�HoSBcr arill thaa de�s�tho amannt of tbe munthiy p�ym�t fhu aroaiti��t t�rqn+y the m�paid
<br /> �` �;�t�I�;jw p�I�stq�l t�►�,i�l�t nxprcteQ W owya aR.U�Ch�aP,a DaLe ia fall o�f�ha rn�tarity dato at my e�r.�v inimrest rate in snbstaadalty -
<br /> a1�P0Y�U•��af�1sca1calatIon�viU�th�t�cw amotmtofmyt�a4ilXp3ymen� _
<br /> (D)LbsGb oa Latere8!�tate C�aragES _
<br /> � P eust clrtck appsopnate 6�rasts:�j'eo Gnxis chcct�id.then wltr bc no maadmum tinitt on ehanges.) �
<br /> �. (D)'Ibere will be no maximum tlmft on int�aesirele c,lwtges.
<br /> � . xx (2)'I'Lo int�aest rate I am requited to pay ai the f�tst�hange Date wiU aot be�tt�n 9.000 96 -
<br /> : :. a�� 5.00o gb,
<br /> xx (3)My intaest rate will nevar bo incaease8 os de�reaxd on auy single Change Datc by moto d�an
<br /> �0 88xc�Nr pa�a,rase Do�nus) ( a.o00 �b) fram �he
<br /> � ra�o �ntarest I d�ve bee�p0ying for the�ecedin8 P�� -
<br /> �(4).My b�Sxestmte e�iIl a�ver be gr�tD:a 12.000 %n.vfii�b Is c�tll�the"M�[imt�m�Le." =�
<br /> . . - TH8 "bllNZhtfJM RATS" WILL NEV�rA 88 LESS TiIAN S.00Ot}. !�!
<br /> ' ` " NULT[9TA?EADJtl�Tl'a@lI.E:'AA'f'E R(DEB•Sinpto Famify U44 v
<br /> : :;�,���,�, aay��o�a
<br /> . .!1•y,�� �."d�E9DA(QS08) VMPld08i0A0EC08619•@OOJS�L7291 Innlab: Y.
<br /> ..a�$;�
<br /> '"� �-
<br /> . ��.� , �
<br /> V "y�^ 41"
<br /> r
<br /> , . `_
<br /> . . . . .., . , . �,.. . , .
<br /> 1
<br /> , , � . �i; � .� - , � . . � �� , .. . ' . � • � . . � ' .. . .
<br /> . -' . , ' , �. . . �'�_ . .., . .. _ . . . . . . . _.. _ ��1�_ . . . . . : � �'-. . . . .� . . .. ..
<br />
|