96103633 - Laserfiche WebLink

Browse

Y.4,�n�+ . �:'::;� . . ._..�-. :.�-�--, ...,:,,. t�d.:Y.� � ' . -d.�r+4anw,. . (�. . � . ....,.. . ..��.ec M,r.� - . . _ , �i .� � , ' . , .jr.'.�;<. _ ____�.__.__.. .. ." � , ' � , '., i�"_::•`�{'-�.. _..... • .,. ..:=fi;'� _ _N.�.,.. �a.+I� a�;�,�..tis-J 1�.�Y'q�!'!r'Q� ,.� i;�..- ��1��$'�..II'�"�n' Y� ' �� 1 ,.__. . .. ..a:,avrsd�.--: t t'• � i r .��A. -�in .v.�.a r _ _ " .�._.,. . ......�..�_.._." � � _ __ — --_ -_ "'_ ._-."—Jf-•••�7.YYR�!'F71!K!l�.T�!5f1rY)F�6R[:':lT�"'_�_:::r..-r.c::rr.v:e�r�r..a.i'i—�.1l.lT.:�.S::1i11 _ _ _ .RL4R��r.rra�R�.�-.��_:va�ws�w�ow ��----... ' ADBLN 001-6050i0Q1 �Ei�� •�.)S�7)N�� ; L AI�JXJS'TA�I.E RA,T� RID�It TEIIS ADJUSTABI.F3 RA78 RIDIIR iy mudo this 1oTH �y of ��Y , 199G ,und is incorpornted into and shall t►r decmcA to amcnd nnd supplement thc Mort�agc,Dccci of Trust or Security D�cd(the"Sccudty � T � N�l n��F�a��wv �i�s nlv„w hv Nh�n��ralna�rl ftha "Anrrniva►"1 tn cnrnrn i��rmwrx'a AAin��tthle 12atr.Nntc(titc Aiwea uvu�/v v w p•. vJ v ...p..-� �.�.— _ � . � ��N�tQ11>�� FIOME F�DERAL SAVINOS & LOAN ABSOCIATION OF �RAND ISLAfJD �tho"Lcnder")of thc samc dute tu�d covering thc property describul in the Securiry Instcumcnt and located u� ?711 COTTONWQOD c3l7.11fID rSLANll, N1�BRJ13if1� 68801 [Prapeny Addreu� TQiIS NOTE CON'I'AINS PROdISAONS AI.I.OWING FOR CHANGES IN MY INTF.ItEST RAT�:AND M1f 1NONT1iLY PAYR+i�NT. INCRFASES IN fHE INTERE.�►T RATF V'�YLL 1iC:SULT IN FIIGHER PAYNl�NT3. D�CREASES IlV THE INTEREST RATE WILI.RF.SULT IN LOWER PAYMENTS. ADIYITIONAL CUVENANTS. In addidon to Ihe covenants f►nd agreements made in the Securlty Instrument, Horrowcr and I.cndcr furthcx�covcnant ancl egcec as follows: A.INT�REST RATE AND MdNTHLY PAYMFNT CHANGES 'Il�o Not� provides for an initial inurest rate of 6.25o gb, 'Ihe Notc provldes f�r changcs in �1►e interest rate and the monthty payments,as follows: 4.INTERES'C I3A.TE AND MONTHLY PAYM�NT CHANGE� (A1 CSan�c D�tes 'Il�a interest rate I will pay may changc on the flrst day of NN� , 19�7 ,a�d on ttwt day every 12TH month the�eafter.N.ach daW on whlch my interest rate cauld change is called a"Change Datc." (B)The Index Beginning w[th the first Change Dace.my interest rate will be baad ort an Indc.x.'Itu"Indea"is: TIiE WEEKLY AVERAOE YIEI�D ON UNITED STATLS TREASUkY SECURITISS ADN''uTED TO A CONSTANT MATURITY OF 1 YEAR, A9 MADE AVAILABLE BY THb F�AERAL RESERI/B BOAItD. Tbe mast rece�.t Indea figure availabb es of the datc: 0 45 days ❑ bcfore each Cha��ga Date is callcd tho"Current Index." If the Index is ra longer availmblc,thc Noto Holder will choosc a new index that Ls based upon comparable informati�n. Ttw Note k%aldar wlll g�tva me notic;e oi this choice. (C)�picuiA'rion oi i.iu�nger Beforc each Chango Aato,tho Notc Holdcr will celculato my acw intcrest rato by adding 'TWO AND ONB FI11LF percenw$c Poim(s) ( a.5no �)to ihe Currcnc cndox. 'ilio Note�oldcr will thcn�raund the result of this eddibon W thc xx Nearest [] Ncxt Highcst Q I�Text Lowcsi oNa szaxrx ( .ias g�,), 5ubjxt w tha limits su►ccd in Sxtion 4(D)bclaw�this roundcd sunount wiU b�my new intcrest ratc uutil thc ncat Changc �AIC. 'It�c Note Holdcr will tl�es+dctcrmine thc sunount�f thc monthly payment that would be sufCcient to repay tho unpaid principal that I em cxpocted w owe at tha Cha��ge Dau; in fall on the maturity datc at my ncw int�rest rafC in substaattially equnl pAyment,.'ll�e resutt of�his calculaLon wiU be the ncw amnunt of my mo�uhly paymen� (D)Limlt�a�Interest Rpte Chadges .i I use check approp►iare boxes;�'no boxls checked,there will be no marinu�m ltmit on chunges.) (1)fhcm will ba no maximum limit on intcrust mm changes. xx (2)'lf►a intcrest raw I nm r�quircd to pay at tho fust Chango riutc wlll not 6�e grcatcr than 8.25� qa �u•1r�thnn 4.250 9'e. xx (�)My lnterrst ratc will naver tx:incrcased or dccrcNSed on any singlc Ch�ngc Data by more d�an . TWO PERCE2�T pc;rccnmgc point(s) ( 2.00� 9'0) from lhC eata of intcrest I have becn paying for tho preceding perlod. - xx (�)My{nNrest ratc will n�vcr bc grcatcr than 11.2 5 0 96.which ls cullcd tlic"Maximum Rutc." THE "MINTMUM FtATE" WILL NFsVER H� L�88 THAN 4.250�. - �IULTl9TRTE ADJU9TABL6 RA7F.RIDBH-3lnpla Femlly BIO4 P.p.,ot a _. - �j �6�A�(CtOY) VMP MORT�AtiC FORMB•(000�62t•1291 INtlab: _ _, ,_. ' .pQ,� -. , .