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<br />` � THIS AQJUSTABLE RATE RIOER is rtrede thta 16th da}r af JaanasY . 1998 ,and is itu.aipotsted itdo =
<br /> , ;, � •: and�al1 be deemed tcthe im�tst ed(9ie Bo�ttowe�bo secme Horrouue�s A�us�et Rate Nais(Uta��n���� ` __..__
<br /> 1�18�1119 dH�9�Y8 b}I �
<br /> � • C ,d1'ID�RCZAL Ctt33DIT COItPORAR'ION '��.•"';,=
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<br /> `` FO 80% 492 407 9PBST 9TA WOOD RIVSA, NB 68883 �.';��
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<br /> THE NOTE CONTAINS PROV{SIONS ALLOWING FOR Ci�UWGES IN THE INTEREST RATE MID THE MONTHLY '� �� --�
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<br /> _ . � ppYMENT.THE NOTE LIMITS THE MAXiMUM RATE THE BORROWER MUST PAY. y o �;'
<br /> ' � Addttanal Cauananta In a�5lion Uo the covet�anta�d ag�eements mada in the 8eauity Instriment,Bacrower a�M Len�r � . 'x:,:�'
<br /> . � twthar�renantanda�eeasioAo� . . ':.`��'j''`:
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<br /> INTERE8T RATE ANQ MOMHI.Y PAYfVIENT CHANOE3:The Nota pmuldes tnr an ini�al interest rete set foM In the NoGa : �..� �
<br /> The[�ote provides tor changea fn the interast rate and ihe mor�ty payme�.as toltow� ° —=
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<br /> �: � The intetest rate Botta��rer vuill pay msy change on the 3 month annlve�sary oi the Oate oi Note and every 3 momhs � .`�,�..
<br /> :� ,. , tltereaftar.Each date on vihich Batrati��s intewst rate awdd change ia called a'(Nianga Oata' `� ��
<br /> ;1� • ": ' BeginNng vyith the flrst Change Oate and evary 3 moMhs t�ereafter,Bomc�refs tnte�est tats v�t11 be ohanged to�he tndm[ � � ;;`;�. ;-_;q�u•,�
<br /> Ftate piva a margin as eet fo�in the lVota.The'IAdex Rate'is Iha hi�ast pdma cate P�ashed in tl�e Monay t�Lea coliunn y:r f ��, .,
<br /> � of The Wsll S6est Joamal on the catendar day immedately pr�eosdmg the C1ian8e Oate;or,ii the irtdax 4vas aot p�lished on : ;';��'
<br /> �. ' thst day,that cate on the next p�ece�ng dafl on which it�vas p�lished - .��__-.rt_
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<br /> ' p1.TERNATE tNDEX:it tho Indax Rate is no longeravallabte.Len�r u�i8 choose a new{ndex Rate whlch it belisves�fill mast � .,:�,,_
<br />. . , ' closety eppto�dmata ihs fomier tn�x Rate. � .#�..
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<br /> '`� � LIMITS ON RATE CHANGfS:Tf�a maxmum and MNmiun inte�est rates�ning Ute lite aT Wa toan me settorth i�the Nota. . . '��.-:
<br /> �° • � .�; MOMHLY PAYMENTS:Prtndpal and interest shall be payaDle in co�ecuHve monihiy instattments.ti the�ate oi inte�esl " . .. ... �:.,
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<br />- :;: � chattgea,the ntnt�ber oi monthly payments will not changa.The amoimt at the mo�ht}I paymertta will change ts tha montldy . .
<br /> � � �, amotmt needad to reAaY the remaiNng unpaid pdndpal balance p(us interest as changed in tho remaWng n�nnber oi ,
<br /> � : {�a y m a n�,a s s u m i n g that all p a y ments due efier the calcula�on ere made a[e pald as sche�ed.The fl�st change,ii atry,�� .:` .., ...` ..
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<br /> . � ` the monthtyt P�►ent amount v�lll beoome etiective on the 3 mo n U i ann i v ersary d a t e o t 9 h e 8 r s t p a y m a n t d u e d a t e. . '
<br /> � S�sa q uen!changes in the monthty paymeM amounl may ooc�on the paymen!due date every 3 momhs the�aiter. , '.
<br /> �.� � . Esch new payment emount v�ill remain in eftect wtll the eftecUve date oi the next payment change. .
<br /> . � � OEFAULT:N Bortower taits to pay ar�y paymenta when due.Lender may�xert�sa erry remedtes permitted by tl►e Sec�trfiy •
<br /> �� Instnment in the case M deiautt •
<br /> • . ' By Sl�ing Below,Bortowar acoepto end a�eea to the tertns and covenants contained in U�a Adjus�te Rate Rider. � . �
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<br /> . . � � (� �arower �Bortowar �
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<br /> • ' 298873 8/97 Otiginal(Roaorda8) Capy(S�ach) Copy�Cuetomer) �
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