|
. . . .F. � . .,. . . . .. .. . . . .
<br /> � ' ' • - . t } - , . .- . . . � ' � . . . . .� _ � . . -:-�'�`q_�...,i„,'
<br />��L�. �� , ` -- ' � � �� -
<br /> .�. . . ,, . . ... . .
<br /> �'--
<br />� t ` . • . ' APBLN 001-6U812012 ---.
<br /> `
<br />_vJ,4
<br /> .`{
<br /> � '.t '
<br /> •} _.
<br />. r�I�J�JS'I'�LE ��'E RIDEl� �+�'D ������ � 4 .
<br /> h
<br /> r �'
<br />.]i�.` .
<br /> �r,.��
<br /> -,� THIS AWUSTaiBLE RA'i�IsYDF�is msde this 23lltD day of ssPT�iHSR , i996 ,alcd is � .:;
<br />����1� mcniporated iata and sb�Ji Qe d�tu amend and suppi��t th�Ma3tgage.Deed of'Trust or Seaaity De�d(the°Securiry .
<br /> 4 :';
<br /> Ir�craa►Y�of tltr s�d�2e given by dte undetsigned(the°B�rowca'�L�sec�rre Barrocver's Adjvsta�te Rate Notc(tt� _
<br />�;�t_ °No+�")tn
<br /> . HdMB PSDBRIIL SAVINIQS 6 IAAN ASSOCIATION OF GF�AND ISLAND
<br />�' , �:._ -
<br /> (the°Icad�of ths�m�dzre and cove�g the pmpescy descn'bed'an th�SeGaity Ynsmimeu3 and to�:ted ax �-`�
<br /> . . � �-�
<br />= iaia xoR�x s�rmtr �._
<br /> 5;•i,. GRA2tD ISLAI�. NSBRASRh. 68803 �==
<br /> .4 t; ����1 �-'
<br /> r;t�, t. —._..
<br />-r. ;j lt� --
<br />.��::4�iv��:
<br />_.:Y�,�3{ T�QS AIU►['E COY�'A1TIS PP�OVI�IOYS Al.l.O�V�IG FOR�HA11iG�IN 1�llt If�iT�lt�f YtATE�A1D tbsY ��_
<br />.r j�< MONTID.Y PAYIi�N'i'. dNCREASE� 1N '€RE II�"Y'EREST RA'�i'f�.L RL�iJLT IN AIG�R PAYIV�N'I'�. �`�°
<br /> DECREAS�IN TflE ENTF.ISE�T RATE WII.3.HESLTLT BN LOQ�PAYR+�f�}TS. ��--•=
<br /> .. , �n�=�.�
<br /> �. .--
<br /> ADDII�`IONAd.COVENANrS. In additann ro t�e cav�ants �d agreemeats rce�ds in tk� Sec�ity Insirum�nt, e�=;=
<br /> Bo3mwc-�an�Leadcr furthrr wvr�ant aud�ee as foltovr� �
<br /> o m �_.�..
<br /> �,.`� -- -
<br /> .. A.�RE�P ElATE AND M�N�'HL.Y Ph3fI44EAiT Ci�ANG�S r
<br /> -- 1'�a Note provides for an inidal 'mteaest rare of �.soo 56. 7hs Note provides f�r changes in tLe �=
<br /> = interest r�and the manthlY PaYm�is,as follow� .�
<br /> : _ �-�-_
<br /> • 0.D�i'i'ERF�3T�TB AND MO1�P�HLY PAlilNENa CHANGE5 �a::�-
<br /> �..
<br /> ' (!�}C6�nge Dute� . Q.
<br /> ____-``' �'!�"-
<br />`-:";`1; 'flhe int�rst iate I wU ch�u e on db:fiist da of oCTOeER is44 �.'
<br /> DaY�Y� �� Y , ,aad on that day . �:r�,�,
<br /> evc�ay 12TH �th thrr�aftea.Fazh da�Q�w6icb my int�rest r�+e cats�d change is calYed a°Q�n'�Date.°
<br /> y «:�.__
<br /> -;�'•. --.._ ..
<br /> -:;;s'. (B)'i'h=Index •�..�=
<br />`�, Begonnmg witb tI�c fast Change Dase.my uiterest iate w�be based on�Yndes.'EF�e"irede�c"is: ��a.R,a_
<br /> Ti� WSSI�Y AVSf2A(iH YISLD ON UNZT� STATLS TRBAS�RY &SCiJItITBS ADJUSTED TO A :�-.
<br /> CONSTANT MATtJRITX OP 1 YEAFL. AS MADE AVAILABLS 8Y T� PBDIIRAI. RSSBltVB BOARD.
<br /> � . ' 'i�:�c reccnt Index sgura avalabi�a�of rhe a�e:� �is aays ❑ ' !:.`",-
<br /> � ; bef�.�' �ue��,'..'�ate is caIIed ttt$"Orm�antlf;�fra" ��a;
<br /> - � If tbe L�dex is no bnger avaitabte,the Nax Ha2der witb�xoose a new index tLat is t�3 apon comparable�fm¢marion. It.�.�..�
<br />�'-`"' 11t�A�+�fe Ho2dea cvill give me aotice of�Lis choice.
<br /> ri:7' �rc;.,
<br />'�`f t � t�Cakutatinn ot C6anges __
<br /> E�'oce eacD Chaage 1)ate.t�.e Note HoWer arill calcalatc my new iatarest rate by add'mg ��
<br /> --_ ��e� �Nn T�s Gvattz�s D��„po��s) ( a.�so 96)w the C�aenx rm�. �'"'`
<br /> Ttl��1�Y'car�Kalder w�then roand the resuIt of Q�Is addiiksn t�tf� Q Neanest � Neat HigGest Q Kexz:�.�wrst
<br /> , czra szc�x ( .a�s 96). -- -
<br /> . . Subjact to t�e linib stated in Section d(D)bw.l�v,this m�s,ifed am�amt will be my new Inieres!a�rrati the neat Change
<br /> ' ,;,,,. nat�.
<br /> Tise Nose Ho1C�r wlU the�¢di�errn�e the a�nattnt of tt�rnantbt t that cra�d be su�cIent m r a ct��un�ar�d � l'� ",,
<br /> ;=�;;�f� Y DaY� eA Y �' �
<br />:rs�:};��'� pritvi���l that I am�xpected W�,�ne ai the Change Date in full on tAe noatarity date at my new mteresi taie in su'v��."-►3I3� L'-�
<br /> .',,�.., eq�1 paYma►ts.�e rcxula of this calculation will Tae the new amount of my monthlY PaS+��L I -
<br /> � -
<br /> (D)LlrsSis on Intrceat Ita4e Ct�aag�es --
<br /> � euse cluck opprop�lata boxes:�(rro�ox ts checked tf�re wfllbe no masinurm G»rfton changes.) '"'"=
<br /> (ij�hcra aiU be no mauincmn Eimit on int�r�;i rr:E changcs.
<br /> � (2)7he intcre�t rste 1 ani requireri w pay�t the fast CtLV►ge Date witl nat be greater than 9.so o �,
<br /> o112S4 5.500 �, �.-�-,
<br /> �3)My mserest rste wIU neva be i�cre,ased ap decreased on any sagte CGango Dute by mar�d�an ``
<br /> TWO PSRCSt3T P��Se Po�►�(s) � 2.000 '90) fiom the ��-
<br />,.�,. �.' �ate o�f' ,tcaest I have bec�PayirB€a��he PleceOinB D�riod• �-=-
<br /> .� LJ(�)My ia�erest rate will never be gteater tluin ia.500 �lo,atdch is ealled t�e"Maximum I3ate." �
<br /> " ' THE "MINIMVTd RAT$^ W2LL NEVEP. BB LESS THAN 5.500�.
<br /> . YULTt9TA4E AOdU9TA8LE RATB FJIDER-Singto Fnmily g�g� *-
<br /> Paps 1 ot 2 �,,t',
<br /> - �•00lJA[oaoo� YY7 YORTQADE iORN9•(800)51�-720� tmti�b: x�?z
<br /> . , ' . i � ,
<br /> ,,�r,��,.
<br /> . . . � , .
<br /> . „ . . ,
<br /> '•
<br /> .
<br /> . , . .
<br /> . .
<br /> , ., . . ,. . . • ' , �- . - . , •
<br /> . . . " • �. . . , ' •
<br /> . . � . .. , , _ . . _ . . _ . . . , . . . _
<br />
|