|
'. . n�.. :;� - - '`�. 4 "4'.•{s�t;[' ;I'. . r-�u�._
<br /> dY� �"'",. ' � ' � ��
<br /> I �. ��. _ :t�w o.aa•��r�. :�..'�i �''' L,,,_ r
<br /> � . a...F..- tiM - �� :�''G!.........pa.�wi+:.vcr.+�n�n.r- _.. � � . —
<br /> ��� " "'l.�,r.' . w�w..:...�- -- _� •1 . . �� _ . '
<br /> F � '
<br /> ' �.,:.: ,�'�f i�`_'�.�_: � .. -_ .
<br /> a•, .'S,,y�.G'�y�i. . _ - .._.- -- -
<br /> � RE•RECORDED� _ � uaN «: u�AA����� - _ �-�-
<br /> 92��n�� f.A�06T
<br /> ! �4l��i1*'fl T�•• ' .. •�' �� �:.�
<br /> �d i.. ' • •.. n ^' . � • • ADJUSTABLE RATE"ItIDER Q/—' I,n�o�� --
<br /> ' ,� . }�� ; ; . (6Maab T Bi1„waky Mam Avernle(lo�w�)�-�'Y� i�r
<br /> i HTH 11INF . I au,� ,a1ldYboo�pohtedYiWaud �"`="' `•,
<br /> . �••�• ,-����• THISADIUSTABL�RA78 RIDER Y m�de tAM dn►ot ' -
<br /> ''�� �:�`.-- YullbadoemedtoanenOuWwppkmenttheMortpje�Deedd'IYwtaSeiwityDeed(tha�Sea�tyi��)���0���� �..
<br /> ` • o unden�ned(�ho"Borro�er")a�ocuro BaroweP•AdJuaab�o iWe Nas(the"Nat")a —
<br /> ° " I OMMFAf fAi FFf�FkAI MIIk1��Af�F f�iPP(1RAT111N __
<br /> � (�he"I.e�aer"1 or the�mo a.te.na aooerhy u,e praperer de�aibod ia u�e security tnWrument.ne wcaced u: -�---
<br /> ` • 7�'�l NNFN1Y�111�fi Hi yfi, I;RANf+ t`.I ANfI, bt FiRRQ�
<br /> . ... ,i (�M�� �
<br /> TFIE NOIE CONTAINS PROVIStON3 ALLOIMNQ F�1 CWWdE3 W THE WTEREST RATE AND THE _- _
<br /> � ... • M��AT ANY ONE 71ME M1D �I�AAXIMUM R�A1E THE BORROWER M�pAYST FiATE CJW —
<br /> Ch1ANOE
<br /> �� ---
<br /> , - ADDITIONAL ODVCNAN'IS. la sdditian to thse oova�al��nd�peenknts m�da ia tba Securfry Lutrumeat�Hoaawer and Le�Oet `_ -
<br /> .. ' � futlbet ooveaa�t�ud a�ree�(dlo�vi:
<br /> .. .
<br /> It A�11IiRFSf RATE AND MON'IHLY PAYMBNT Ct11WOFS L.;c.
<br /> G.,��S 9i.7Le Note tor dfan�a in the intcrot cala au0 the monlhh+ �, '-�_--
<br /> . . - ' '• — ,_ 'ttsc aatc�wides far an Wtfa!intete�t nxe d P�'a�+
<br /> �ic,._---- - --
<br /> �'�. � PaYments,a�fdbwx r�._.�---
<br /> .. 4, A�TIB[tPSi'RA1E ANU MOMIf1t.Y PAYI�PI'C(��M1�iB8
<br /> ����°� n F f.F M R f R 19 9^ apd o11 tbot dYy every 6tb nlaalh
<br /> n ue i will chan an the tiut day ot � � �� ^ _
<br /> . 'Ibelnterat poY�wY 8� �._o..._.
<br />- tl�a�ter. F.ach d�te aa�Ncb my interat ra�e ooua d�n�e i�called a"Q�n�e Dae." —���-
<br /> �--=_-
<br />- (B),l�einda —__._---
<br /> Bcginniag witb tbe Mt dwnge Date,rr�y interat rate will be b�ed an aa Indac. The"indac"b the weekly aualaa averAge(investment)an �����
<br /> , . - 6�month tre�wry bilr,�made available by the Federal Rue�ve Bo�d.7t�e mou rcant ladcu B�ure svaflabk ao d�he due 4S day�befae ach --
<br /> Chan�e Date i�caUod tbe"arteot Indac" �':-"'�
<br /> iafaaaWoa.'Iba Nata Hotder '�'��F•::
<br /> � It the Inde�b no lan�er availabk�tde Nate Holdet wUl c�wm a oew itidht whitb b 6r�ed upon wmperebb �,.,,v:�:�.
<br /> � vvill�ive me noliae ot thi�d�oioe. v
<br /> (c�ca�,w�ooac�.nw
<br /> �---- Befaae,,�rLCBaa�D�te,ti�r:atciIo�dcrwfUrslaslatesay�+rintern��ntt!ya!�ing ;� t�4 percent��tepoint�( ^. 75n �� �- -
<br /> tothe(x�rreatlndac.ThaNaeHolderwW�henroundtherewitotthbadditlontotheneareatane�eigdtho[oneperaeata�epoiat(0.12596}SubjeCt .},e���
<br /> w the Ilmiu Kated in Seabo 4(D)below�this raunaed wnouat wfN be nry new interat rate untY Ibe am Change Date. . - _-,
<br /> .. 11�e Note Raaer wiu then aetermine the wnoun�or the monmly paymem�hac would be wffident to rep�r�ne uapaW Madpal u�ac I an .� -
<br /> � expcaed toowe at the C6eage Date in full on the maturi date at new interat rale Iq w6Weatlally oqual peymeMS.'Ibe�It otth4 c�ulatbn �::• ` ..�: -'�
<br /> . �Y � ''���~�::•t:
<br /> <, wUl bo the ae�w amoun*t ot my mpa�n��thly paymeot. ` ': ,
<br /> S ' \�r/W WY�YMf�i�a 1{�l�� V�' ' ^i�'L
<br /> r
<br /> 'Ibe loterw rate I am roquircd to Ewy at the Mt Change Datc will not be greater than 5.A 7 5 g�r or tat tbaa a. �7`+96.'Il�erealla. �
<br /> , my interat race wUl never be inareased or decreaied���8k C1wn8�Date by mare than s�n pereentage poQ u(?F•7�0 �� ;
<br /> � from 1be rae oi interat I Iwve ban paying for�he ih months. My Inten�t�te wiU n�wer be�ater tlwa `1�. . _
<br /> h
<br /> . �- °"�
<br /> (E)BHocli�e D�ale d Gl�noga . - _ - -
<br /> My new iaterat�ce wtU become eiCecNve an wch Chenge DAta I will pay the amount of my new montUly peyaent be6inn�ag au�be 6nt - -
<br /> moothly poyatient date a[ter tha Clwn�e Date until�be amount o[my monthly payment dwnga again. . -_
<br /> (E�Ndbe dCl�mga �-
<br /> 'Ibe Nate Hdder w�ill deiiver rx mefl co me o naioe of airy clwnga in my intereat rete and the amouat of my a�oatdly p�mxat before ihe , .�"�-'•="
<br /> � eReai�re date otaay cbange.'I�notia aUl include infnrn�ation raqutred by law to be given me and ala tde tltk�ad telephone aumber da penon � .^�;.--
<br /> ' wbo wW araMret any queatian I may have rcg,arding the natfa. '�: _
<br /> B. 11tANSi�t OF'I'�IE PROPBRTY OR A BF.NF.FIG7AL II�'fERLSi'IN BORItOWF.R .�ti��`��
<br /> Uaifarm Caeawat 17 of the Security Insuument b omended to rcad a�[dbwa: . ��
<br /> .� 7lraorta d t6e a�barcd�i�!btaat io banvMer.If aU ar any pert of thepropeny or e�ry intercst lo it is wtd a transferrcd(ar If �
<br /> a benefldal Wcerat ie orrow�er b wW a tramfertod aad Barrower Is not a notural per�an)adttiout Lenckr's prior wri�teo oonieat,Lender may. ;
<br /> at(u oplian,requUe immedtate peynKnt In full ot all aumn aecured by thia Sau�ity Irotrument. Lender also ehaU not axrdK thb opUoo iF(a) �
<br /> Horroarer cauxs to be wbmitted lo Lender intarmatfon required by Lender to evsiivate►he intended trarokra as if a new ban aerc be�ng mado
<br /> to the tramfera;and(b)i.ender rcawnaMy determines that I.en�kPs e�ecuNty wUl not be irnpalred by the ban anumplion ond that the riWc ot a `
<br /> breacb of aay ow¢nant ar agrament in thl+Securiry Instrumeat b acoeptebk to Lender. F
<br /> ` To 1he eztent permittod by applicaMe law,l.onder may charge a rcasonabk ta a+a amdiiion ta Lender'a oorssent to the loan aswm�tk�n. ;
<br /> Lender rtwy W�o raquirc the t�anstera ta�gn an asaumpion agroement that is aooeptabk�o I.ender and that obligata the trans(erce to keep�ll
<br /> tbe promtxa and agraments madc ia the Nae and in this Secu�ity Uutrument. Borra�ver will continue to be obligate�under the Nae and thiR
<br /> Security Irotrument unlaa Lendcr rcteates Hartawer in wnting.
<br /> � It Lende�acerd�s the option to rcquirc immediate payment in full,Lencler ahall give Borrawer noda ot axtkration. 7M ootfoe�daU
<br /> ptovkk a period ot�ot ksa than 30 days from the date the natia i�delivercd or mailed within which Borrower muu pay all aums aecured by th[s
<br /> Soaidty Irntrument. If Borro�uer fafls to pay tlxse sums priat to thr pq�iratfon ot thls perfod.Lender may invoke arry rcmedia permitted by this
<br /> Secu�ity Iatitrument without further nolia or demand an Borrower.
<br /> BY SI(iNIN(3 BELOW,Hortower acapts and agrea to the terrtu and oovenenu aantalned in thfs Adjuatabte Re1e Rider.
<br /> , � . • - ( ) . � �� � 1 1 . '
<br /> --=-- -_ . � _ t• ' ' - � (Scal) . � - ' '� ��eai)
<br /> � .1 I f r�,, •�,:. _gonayu . . , ,. • -Barow�r
<br /> �y��� (Seal)
<br /> _g�,� -BaeowK
<br /> /s�s►�o►+��++��NI
<br /> MIULi1STATE ADJUSTA8IE RA1E RIOER—ARM 5-2�Sinple Famiy--Famie Me�fteddie MaC Uni{ortn In�nrnet�t Fam 3111/�185
<br /> MC�3Q93(REV 03/81)
<br /> 1
<br /> . :��
<br />
|