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<br /> ADJUSTABIE FiATE RIQE1i "'" d°"'°'� x
<br /> THIS ADJIlSTABI�E RA7E RIDER is mede thls i�th day of December ,i996 , .. .
<br /> and 13 Incorporatod into e�� r!hn�� be deemed to amend and gupplement the Mnrtgape. Deed of Truat ur Security
<br /> Deed (the "Security InstrumenY'1 ot the same date piven by the undArai�ned (the "Borrower") eo aecuro aarrowor'�
<br /> � AdJuateble Rete Note (the"Note")to CONl�'IBRCiAL CRBDiT CORt�ORATZON •
<br /> r� (the "Lender")of the same date and covering the praperty described in the Securlty Instrument located at: �. ;
<br /> �� 4083 ZOLA LANS aRAND ISLAN�� NB 6BA03
<br /> . � lProperly AQdrese) �:�:_
<br /> . . , 5"_
<br /> THE NOT� C�lNTA1N� P6i0VISIHE MAXIMU 1�RGt'T'E T E BOfiROW�TC►NUST PAY�7 RATE AQdD THE MONTH�Y :�,.
<br /> � � PAI�MEPf�'. T�tE NOT�U9v91TS T `�`�
<br /> n �`�'
<br /> ' • ,.�' Additlunal �av�nants. In addltion to 4�e covsnants and aereemenxs mode in th� Securaty Ins4r��nen3, Borrow�r and
<br />_`1�.,ti ',: ' 'r��. Lender f�rther covena�nt and�grea as{pl;ouv�: '+
<br />�;'.,';�, ,�.�`:.:y,, —
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<br /> ��'�?'�� �NTERES'�R�ATE_AND MONTHLY PAYMENT CHANC3ES; Ths Note provides f�r an initlal interest rate set forth es in -__
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<br /> `.���� the Note.The Note prov i des for c hanges in the intereat�ate and the monthly paymonts, es followa: �_::
<br /> � `?��' The tnteroat rate Borrower will pa�r may chanpe on the3 month anniversary of the Date of Note and overy 3 ` _
<br /> " " mon t ha t h e r e a f t e r.E a c h d e t e o n which Borrower's interest reta could chenqe la calleal a "Chanq�Oate."
<br /> ' Be�(nninp with the flr�t Chanpe Dete and every 3 montht thereafter, Borrow�r'e interast rete will bs chenped to =
<br /> � ths Indsx Rete plua e msrgin as aet forth in ths Nnte. The "Indsx Rete"Is ths hiphoat prime rate pubti�hsd In ths
<br /> .,�. Man�v Rstes column of 7h� Will Stre�t Joumsl on tb a��snd�r d�y Irnmedl�tsiy p±eCAdl Wp�shs�hha,�e�ite; or, if
<br /> ���- ' ' �� the Index w��not publiched on th�t d�y,�hat rate on m�n.R�N�:�:���•��=�a•• ••�'•-� �- -----
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<br /> ��„=;;,•„ ALTERNATE INDEX: If ths Index Ret�Is no lonqrr swllabte, Lender will choose e new Indax Rete whlch it beUsves
<br /> ��'��� will most claiety approxim�te the former Index Rate,
<br /> - ���":�#�'
<br />__-�ro:���� LIMITS ON_FiATE CHANGES: The meximum and minimum interest ratea durin� the Ilfe of this loen are sst forth (n -
<br />---..��:.,��3�� the Note.
<br />°�`^s3','t�
<br /> -°�="`"-'�'r MONTHLY PAYMENTS: Princ(p�l end tntereat ahall be pnyable In conaecutive monthty fnstAllmenta. If the rdte of
<br />_._.,_x;_�L-�::�
<br /> =�`�"'r'""� Interest chanpss, ths numbe� of monthly paymente wlll not chanpa. The amaunt of the monthly payments wilt
<br /> __�.,,�:�a�,�
<br /> `-" """' chsnpa ta ti�e monthly amount needed to repay the remafninp unpald principal balence qlus Interost as chanped n
<br /> _-�-�� the rsmainin� numbar of payments, nse��mi�sp that sll Daymente due efter tha calculation ere m�de are paid as
<br /> -��1���•���'� acheduled. "Che flrst chanpe, if eny, In tho monthly payrr+ent amount wil{ become a�fective on the 3 month
<br />�-- --""�T`� anniveraery dete of tha flrst paymen¢due date.Subaeq,uent chan�ea in ths monthly payment e�mount may occur an
<br /> -� --- the RaYment due date every 3 months thereafter. Each new peyment amount wili remain fn effect until the
<br /> ----= effective dete of the n�xt p�ymsni chenqe.
<br /> --:_::,;�;:��
<br /> --__._--`;°=`:�
<br /> °•���� DEFA LT• (f Borrower fafis to pab any payments when due, Londer may exerclae env remediea permitted by the
<br /> � --��_?�= 5ecuritY Instrument in the case of default.
<br /> �-:����� By Si�nin� Below, Borrower accepts and e�rees to the terma end covenents canteined in thi� Adjusieble Rete -
<br /> :-�'-�,'� Rider.
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<br /> _ ;`,�,..,..r: , 158a1) i!i��-9Jd�..L l/� v=.-......��_ -eiSow.�
<br /> � .- •Borrower __.
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<br /> , . ,�' 29887-7 (�l94) -
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