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<br /> _ - -._,. _____ _� j�{g ADfUSi'AQLQ RAiL'RLDCR k auut.tGla...�-daY cf JLl V .---- .19 ��--•
<br /> — - - - �nd u InoorPo►M�d Into uid YNII M d�Nd to anNed ad�uppinnrat tM Mott/�{��I)aC ot Truq,or SrcudlY�d pqe"SrcuNly leanwnent")of -
<br /> �M wM A�a�Ive by tlw und�ard(�M"�ono.re")10�ecur�oorrowtr'�AdJwtabb Ratt Note(1M"Na�")w
<br /> �R(un��t...a�r��or�r..waaa�a o�u�t�a�r a.�c�aa w�uN s.anur uwn�.0.�a wea.e�:
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<br /> _ -- 3027 � IY2IVE � I�RASK�I 6H�Q3
<br /> :'P' (Property Addrea)
<br /> - - -_-- --� 71da�nM ra�W���Yiw w�MN� tK eY�AM I� �!r{NK�sI 1�M Yi�'/IMtW . -
<br /> � pyMw.1'M4�ot��Yo Mwiu 1M uw�l nr I�t�l nl�a�eM�e n wf'oM IIM�M
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<br /> - �- ADDITIONAL COVENAIYI'S.In�dditloa w the covm�nu�nd+�{raemena mada in IM SeewitY Instnumat.Bonarva�nd Lwndw
<br /> ---- funha oovmwat aad yroe�u followt:
<br /> A. IN'iF.RE�7'RA7'B AND MONTHLY�AYMEN7'CNANC&9
<br /> - The Nott provWa tor�n WtLI iiwrrat rate ot 6.0 4b.SxUon 4 of the Nott providea fw ch�n�a In Iha iaterat rau�ad th�
<br /> -� �—-- ---� awntWY PaYo�e+m.a�followr.
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<br /> —_-- _--— �. /MI�REST RATE AND AlONTHLY PAYM6N7'CHANIJES
<br /> =-`T ��:ir..°`.�.. (A) CM��I+DdM
<br /> � The intaat nte 1�rill p�y may ch�n�o on the flnt day ot ��m .19 93 .and on tp�t d�Y�Y
<br /> ---- 12 months thercatur.Gch d�te oa which my intaat nte cauld chu�e is alled�'•CA�n�e Due.••
<br /> __L`, ,:��, (�) TMi�da�
<br /> -�� Bqlnnin;wltb the fint Chtoje Due,my inurest rote will be bRSed on�n IMex.Ti►e"Indac"i:the wakly avera4e yleld on Unitad Sata
<br /> Trcuury iecudtia adjwted to a consw►t muudty of I yar,aa m�de avdlable by the Federd Reierve Bavd.The mat reaat Inda�ti�ure
<br /> ��l' } ,r` avWabk at oP the data 45 days befote eich Chlln�e Diue is�wlle�l thn"Cunenl Itidex.° �-
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<br /> If tha Indac I�no lonyer avallable,the Note Holdet a�ill choose a new index which i�based upon compu�bk intom�don.The Note
<br /> -- Holder wUl�ive me notia otlhi�cboice.
<br /> �-"'� � ���� ,. (Cl C.dc�MUo�ofCM�
<br /> � ��.`���4 ,-.�:`'.�Y� Betorc each Chu�e D�te.tha Nate Hdder will calculate my new loterat rate by addin� '� ��-�� percenu�e
<br />� f� poinu( 2.50 qri)to the Cunent tndac and roundin�to the nearat 1/8th of I�Y,wbject to the Umits�Wted in Section 4lD)below.
<br /> � ` ;� �r� '�•.. .e 7bit roundod amount wlll be my new inurat rate unUl the next Chanae Date.
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<br />__- ' ` . .4 The Note Holder will then determine the amount of the monthly payment that would be aufiicimt to repay in full the pdncipal 1 am
<br /> _- �,;ti''" ; •�r acpectal to owe on that Change Datc in substantfally oqu�l paymeme by the mawrity date at my new intercst rate.Tha rault of tAia�akulation
<br /> _ ��:�:.:.' - wfU be the new amount of my mon WY psyment.
<br /> '�; , •'":` ," . ` ' (D1 LWd or loteral WIeCYu�a —
<br /> - ''�� �"�'�"K � 71w interat rate 1 am rcquired to pay at the fint Chnnye Date will not be greater thon _.$�.�_�Fi or las than
<br /> �.•,.. J 5 a . ., 4_0� �.Therwfter,my interat rate will never be increased or decreued on any sinQle Chan4e Date by more thAn '� �
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<br /> �� �,�;� ';., ' "a;-. (�-��) from the r�tte of tntaest 1 have been paying for the precediog twelve montha.The minimum interc�t rate on this ioan wfU nevu bo
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<br /> � '�s�.�.,; ::�•,.'.: �,p� 4.00 9i and the mueimum interat rate will never be�reater than 11_00 qi.
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<br /> :A�,,, �„Y.�,,,,. , (C'I EHKMIYlD�IlOfCIYOjlf
<br /> • .�� �'?'•"• My new interat rate will become effative on each Change Date.I will pay the amount of my new mon�hly payment be�innina on the fint
<br /> 7. .•: �'��... _ ..
<br /> �• ' - mon�hly payment date after the ChmQe Date until the amount oi my monthly payment cFwnQu aQain. _
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<br /> ,MJ• ' (I�) IVONCf Ot CM���M
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<br /> � ��'"'''' � `� '1'Fie Note Hofdcr wfll mail or dcliver to me a notice before each ChanQe Date.The nafce ail!advise me of:
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<br /> - ,.' (i) the new intaa�rue on my loan aa of the Chw�e Date; - -
<br /> _,'�„\r ��� ,J-"�k, (ii) the unount of my monthly payment PdlowinQ the Chu�Qc Date; __
<br /> - . � _.,` •,r::•� :- (tii) any additfona)m�ueri�hich the Note Hdder is required to disclose;and �
<br /> ;� :• .: (iv) the�ddra�of�he�swdatlon you could contact rey�rdin�any quations wbout the adJtutment notioe. �-`''`
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<br /> ' ' �' ' � d. CNARGF3i LIENS
<br /> .. '.y'^+�e'�:'�• ^ Uniform Cwenant 4 of the Security lnstrument i�amended a rwd as follows: _v
<br /> • Y " �, CYu�a=lJe�.Bonower sh�ll pay�II uxes,asseumen�s,and other charQa,tines,ond impositfon:attributable to the Propeny which may ----
<br /> ` � �ttain a priodty over this Security Instrument,and leauhotd paymenta of pround rents,{f any,in the manner provided under pva�aph 2 Aereof �'`
<br /> '..� A or,it not paid in such manner,by Borrower makfn4 payment.when due,directly to the payee thereof.Botrower ahvll promptly furnish Lender
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<br /> - •'�' o • ail notfas of amounts due under this paraaraph,and in�he event Borrower shall mnke payment dfrecUy, Borrower chall prompUy furnish to
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<br /> „ Lender reaipta evidencfng such paymenta. Borrower shall prompUy diacharge any Ilen whlch hu priorlly over this Security Inslrument;
<br /> ° ' however, Borrower shall not be rcquired ro dischar4c any such Hcn so lon�as Borrower: �a)shall agree in writinQ to the payment of the F_�
<br />° •�' ' obllaatlon secured by such Ilen in the manner acceptable to Lender;�b)shall in good falth conust such lien by,or defend against enforcement of
<br />„ o _ . such llen In,kge!proceedings whtch fn the opfnion of Lender operate to prevent�he enforcement of the Ilen or forfeiture of the Properry or any �-` '
<br /> ., ''`.' part thereof;or(c)sh�ll secure from 1he holder of such Ilen an a�rament in a form salisfactory to Lender subordinatin4 such Ifen [o lhis ---
<br /> _a�_ _ �jLw;,���-�.= SecuNlY Instrument. �i� :_
<br />�.::r. -w� �� If Lender determines that all ur any part of the Property is subject to a Ifen which may auain u priority over this Stturity Insuument, �
<br /> - ' ,. ; Lender shall give Borrowcr a notitt identifyfng such Ifen.Borrower shall satisry such Hen or lake one or more of the actions set furih ylwve �� ~
<br /> ° �, �� within ten days of the 41vInQ of the notltt.
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<br />, � ' �";•' C. NOTICE � .
<br /> �*:_�- - r Untiorm Covenant!�oF tht Stcurlty Insttument fs smtnded t^read as fcUcws: �`.`�
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<br /> �` . � � 1�. Nollce.Except for any notice requlred under npFticable law to be Qiven fn another manner,(a)any notice to Borrower provided for in this �
<br /> . ;�. �.; � Security lostrumem shall be given by dcllvering i�or by mailing it by flrst class mail to Borrower at the Propeny Address or nt such other address
<br /> ''. , as 8orrower may deslgnate by notice�o Lender as providcd hcrein,and(b)any notice to Lender sholl be given by first class mafl�o I.cndcr's .
<br /> ,,�,,,;,i4,�}' address stated hertfn or to such other address as Lender muy desigaate by no�ice�o Horrower as provfded herefn.Any notice provided(or in thi�
<br /> �� , Security Instrument shall be deemed to huve been given to Borrower or Lender when given in t he munner designaud herefn. �
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