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<br /> 'IF•IIS ADDUSTABIE RATE 1�Fd3 is made Lhis 2I�9 dny of J�RY, 1997 ,an�is incorpotated inw aad s�all , , ��,;,�_'-`�--
<br /> . .� be deemed to amend aad s�lement the Mozcgage,Beed of'ik�s2 or Security Aeed(the"SecurIry Ins�ument`�of the same daee givea by . . .�'`"x°_
<br /> i the undetsigaed(the"Bornower'�to secate Ban+nwer•s Asijustab2e Rate Note(the°Note°)m , `: ��.`:-:'
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<br />, • (the°1�ende�of the same date uad coveting the pmperty d�ed in the Sec�ity Instt�eat and locateda� ,. —_ -
<br /> . � d404 (�V�I�R. C�tffi� 781IA�. I� 68801
<br /> _. (Proa.rry add�ssaj �T Y�.
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<br /> -- THE NOYE CONTA1�11S PROV�SIONS ALLOWtNG �OR CHAk����IR3 YHE IRi'i`ERES'P'RA'TE AWD'THf -. �° --
<br /> � ` . NlON'PHLY PAIPMENT: T9iE lYOTE U!lAPTS T'Hf A11AOUi11�THE BOiB�YOWEFi'S IIIiT'ERE�T RA7fE C�iPlI '�
<br /> � C H A i i�G AY AlNY ONE TIl�1E AND THE MAXQHfUd1A R�1TE THE BOfIROW�3 M!!ST PAY. ``� '� � �T'�
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<br /> ADDYITONAL COVFNANTS.In addii�on w t�e cavenants and agir,ements made in the Secndty Ins�ument,Baaowet aad Lcnder .. . ` ,;•�
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<br /> ' firrthercovenantaadag¢eeasfoIlows: . �' _�_ ...r��
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<br /> A. �Pc.1'T RA�AND MONfALY PAYMiQ1T CHAIdGES �"�""�Y�
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<br /> 'I�e nnre pmvldrs for an initial inte�est rate of 6.1?5 °,�.1lie Note providss for cUan�s in the int,e�es�t : -_
<br /> � rate and the monthl es foltocv� . --� T
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<br /> 4. IIV'IFRFST€tA1E A1�Sh2 MONIIiLY PA�iNg'NT CHANtiES
<br /> (A)Change Dates � ��y`.. ;� :•
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<br /> , 'Ihs iatensttate I wW PaY�Y�Se on the&stday of J[!LY ,19 99 ,and on that day wery 6thmonth .,;��-�.?�',
<br />. therEafter.Fsch daLean which my interestrarc canld cbange is caUeda°Change Date." �-�-�".--
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<br /> _ (B)'I1�e Indes - -=.
<br /> ' � Beginnmg wIW the fust change Qate,my Iate�a�wIll be 6ased on an Iad�.'ihe°Iadex"is the m�l;�y euctiox►avetage . ='""
<br /> (invesm�ent)an�month�+ras+ayb311s,as made ava�ab2eby the Fedenl Resesve 1�aacd.11ie most cecent Index Sgnre availableas of the �:-Y�„-=,.-�'''.`,:^�`;-
<br /> • date 45 d�ys l�efoze each Change Date is called the"G'�eat Indcx.° ,•.. °.-` __ ,
<br />- : , �f the�is no langer available„the Nota Holder wIll cho�e a new index c�hich is based n�mcamparable Infozma@on.'iha Note ,.�.:__. •. :.• , .
<br /> , Kolderwill give ffie notice of this choice. �T., ����.:..�.
<br /> .� (C� Ca2cn�atianof Chan,ges �+➢D l�L� 3� � �����
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<br /> Befoie each C.�ange Drt�,the Note Hotd�x wiU caZculatemy new€nterest iate by a�mg pem.e�tagepoinm( 2.?50 °�i) • �-=°.:°�� .� ,,'.
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<br />::;r:':��., to the Camnt Iadex.�a Note Iiolda w�l t�en nouad the result of thts addit�on w the nearest�-elghth of on,e geteenmgepcint �'. .�� '��:.:,, ....
<br />:r,� ,. (0.1254b).Snbject w ttu 1lmits stated in Sect�an 4(D)below,this m�dsd amo�t w�l be my�i�unst rart�til the next Chaage Dau. � ,� ". .
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<br /> .. '�e PIote HnIderw�,l c�ra deteemine th$amnnnto�tt�e montbly payment thataer,rnld 1�s�cientto�F��P�dP��P��I ,�,iy��,., ' .� (ry,��.::,'
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<br /> �, . �m eapec�rdw owe at��geDate In faU an the ant�irydate atmy a�w�iate in sabstaatlallye�*,.s�9�ymeaiss.ltte msnIt of ;���,;r.��'
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<br /> _ tl�s cala�mwt71 be the ncw amo�t of my moathlY Paymeat .'}'t�r'ry'r � ..�t:�: „_
<br /> (D) La.,�.:�on lntsi�st Rate(�aages `?>�' , -
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<br /> 'ibe inte3estrauI a�meauired to pay at tLe fimt Change Datewill not be gre��than 6.875 �ai less tLaa 5.375 �.�he�- � ':
<br /> afte�my interest rarewi�s�ver be 9acrr,asedai decreasedon a�r singte Change�.:e 6y mare than 3/4 P��Bs P�A•��b) �- ��''.
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<br /> f�mthetataafia2eaestIhsvebeenPaYinBgorthep�8sisaoanttis.Myintcr�...��..tewlllnevetbegce�terthan 10.6?.'.�. - — -- ---
<br />._;.,;. (�E�eedva D�ef C.l�nges �----� ��-�
<br /> , My newintra�str��r"J became effectivean achChaage Date.Iwtll pay thc�cr�tcr��s�r mantnlY PaYm�►tbe�nnln8 on t�e �T"�- ��.�_� --
<br /> . . Snstmaatblypsyment�:;t�z�thcChangeDate�tittheama�tofmymonthiqL�r"'���S�aB� ����.'-.•-
<br /> .. � (E�Notice of Cha�� - �
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