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<br /> _ • (1 Yezs'I'�+eas�Y Ind�-Rate d,'a�) ��,,. ������ .,M.�..,_
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<br /> TKIS ADJUSfAH}.lE RATB ftIDER is ma+de this 30'�M day of SEPTEA!l��R �3`��`__ .
<br /> .t�nd is anwrporated into and shal! be.deert�ed co ame�and supplement the Mort�tge.Deed of ° _
<br /> � 1�96 n �=='�,.
<br /> Tnsst or 5ecurety Desd(thQ"Security InstrumenY)of the s3me date given by tGe w�dersigned(tl�e"Bonuwer")to �x.�,
<br />. `"`, secure the Borco�ver's Adlast�te�tate Nase(the"ldose°)to ��'c�
<br />�`-� tAe EpuitaDte 6uilding an0 Ease Assaciation ct 6t�nd Isltnd, �aDnaka� A Ftd�rel S�viega Benh v�-__-
<br /> . � (the"I.ender°)of the sams d2te and coverin�the property described in the Securiry Instmcetent and lccnted at: r„•^--:-
<br /> 2�» a��a�r��ewo a�►Na asu►Na, �e�as�� sa�o� -°_--{-
<br /> ` THF NOYE 60NTAItiiS R3t0lIISIONS ALLOWiH�a FOFi CN�IfiIQES Itd THIE I?i'f'�E.Y -`��
<br /> AA'�E AN6 THE MONTliLY PAYMENY• T�'E� NOTE 61MfTS THE ARlt�v�l'P 'faDE ��--�;
<br /> BpREiOWER'S INTEREST FtATiE CA[d CHA4IIGE AT A(�OIP OL�IE TliiflE AN�1 Ti�E Q�
<br /> , � MAXIMUM EiA4�d T9iE B�RROWER MUST PAY. ���
<br /> � , ADDS6�iBIe1AE.�Oi�EPIANT5.In addition to the wvenants and agr�„e�ents made in tfie Secu�iry Iastram�nt, ,
<br /> '•.� �;`;�+4��'� Bonoarer and I�eader fureleer covenant and agree as follnws:
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<br />:;:�:�. o-: .. _,C�,I1�TF�.STRA7E��k�4011T��.YPAHNI�'�CH�iHcFC . `"`�::�;.
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<br /> - � . �z"�=.�,..�^:.:a„.:°,f�.,.q�;�;�a/inrc-n+arr�cf Z�.�aS �.TheNotiep.ati'�for�o�� ' �s
<br /> , . � f:�i�^:�;aate and the asonthtY F.�y-r����:s i:'s;s�a: � - -
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<br /> .:.;�� . .,. 4.�8-'�'�R'RA�TE AND Nd�\"�tG�55 iP��S�h'Tf�EL�.'�&�� .. ' .; ���';•:�.
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<br /> •:;,.:�:,;� , (A)�E D� �.,;'c'r_•:
<br /> Ttte interest rate I will pay may change on ths first day oflCTOdER ,200/ ,and an that . _s�.�'-
<br /> � . day evecy 12th momW thereafter.Fach date on wlrich my imeresc rate could ciiange is called a"Change Date." ���;
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<br />. . � (Bi The Ind�s _--
<br /> Beginning with the first Change Date, my jnterest rate will be based on en�r,dea.Ttie'Indes"is the weelcly
<br /> . averzge yield on United S[atzs Treasury se�rurities adjasted w a wnst3nt maturity of 1 yeur,as mcide available by �. •.
<br /> the Federai Res�rv�Board.'I'he mast recent Iudea fisure avaituble as of the dnte 43 dayg befare eacb C�ange Dato ���- y���
<br /> � is calted the"Current Index." .� �.
<br /> If the iadex is no longer availatrle,the Note Hold�er wil!rhoase a new indes�vi�fch is ba�ed�pon�mparublo ;_..3`
<br /> ' � iafomnatioa.Tl�Note Holder wili give�notice of tlus choice. -_'�-_ .
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<br /> (�Ca1cu18ttOn Oi C�n$�9 ■�s. :
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<br /> � Befoie each Cbange Date.the Note Holder will ctticutate my new intere�i�sUe 6y adding
<br /> -'�3 •: :: :'.•.�•,: perce�tage poiat(s)( 2•0�+ 96)to the C�t —,
<br /> ��_:
<br /> � � � Index. TEa*Note Ho!der will then rourtd the resalt vf d:is a�;�'tion to tite near�t oae-eig6ttt of ona pr,�tagcs �•
<br /> . �o�:.;�4�'35a).Sub;ec3 to the limits stated ia Sec���a,tD)6elcjvr,tLis rounded amovnt will be my new i�,^e� _—
<br /> ' �d�c=r'1�e next��a Date. � � --
<br /> " ' Tt.��Haider srifl►1 z�en det�rPmine the�o�{�f the montdlY Paymemt t�.at wautd 6e snfficient to�t2�� ' . ,
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<br /> � unpaid�.ncipal that I asn expecta3:v�a�e at the C��nge Date i�fntl on th.e Mxturity Date at my new int�r�t rs� . _.
<br /> . . in substantially egual Paymenu.TLne�+c.,s1t of this calculatioa w�;t me tha ne�v aicotuu of mgr manthly p�yme�t: . �-
<br /> ' � N)Limits oe IInCnn..nAst Rate Changes . .' �f
<br /> W�f�T
<br /> � . � The interest rat�I�n required to pay at the F.��t�Change Date�will eiat G�p�ater tt�an 9.37 5 g�, e,.�{�
<br /> � � or less. 5.375 ' �.Therzatter,my i:�rzst rtte�;I n�ever be imcr�ased or dec�easa�on ;;���
<br /> , �n�e Date by moie than two percentage points(�.��"o)from t�e rate of inoecest I have ban Paytng ;�';s
<br /> .. �Y`� b 12.375 �. " , : ,�t•�:;
<br /> far ttta prece�ing tvielve manths.My interest rate will never be eater t6na ��,,
<br /> `��` � My interost �a�e wi11 never be lawer �han 5.3T5�i. .
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<br /> .:3 `:: (�EtYective IYaate of Cbanges -
<br /> • `" My ncw�aterest rate will become eff�dve on each C'nange Date. 1 will pay the amount of my new monthly
<br /> �v_t:
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<br /> ment 6e ' on the.fi�st ranndily payment date aRer the Change Date until the amount of my monthly ��
<br /> PaY S�BB li%u�,f
<br /> • payment chan�es again. �_
<br /> �. . (Fy Notice of C�nge9 ===���
<br /> . ' Tho Notc Holder will deliver or mail to me n notice of any chenges in my intemst tate and t6e amount oF my ���"�'�`
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<br /> • montiily puyment before the effec�ive date of any change. The nodce wlll include information reequirecl by law w � �31��1!;�.
<br /> : be giv�n me and �Iso the title and telept�one number of a person whv wilt answer aay question Y m�y havr� ��;��°
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<br /> . � regarding the nocise. . � ;`.:
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