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- �,tP7if F� . . . . _ .�.;_. . ,1. <br /> 1-����� ' .. - � �r. � t�'r, �. . � . . . ' _ <br /> . . 'o�•;:�: <br /> . . - . . . . .�`�.�••y��\�.�i�.:_.. <br /> �... . <br /> i"V�!l�I�' , i .�..K�� — <br /> , , " `'. . <br /> _._. ...��.�_. • _.. <br /> �. , r' •—__: .'�n.,:�nt+aw.mw. : <br /> .�sr�[ht±- . . • Ll.: ....�...,.._ <br /> ♦ ;� �el!l9�ii�`w�+.,,... _...._�---------•----- ...__.----••--- �----•- -- ---._�_.__._.._. ._, + _— <br /> ! .. -- <br /> ' �;..�-,- <br /> � � , • ��._ <br /> EiIAT�JS'TABL�I�TC RIDE�3 ��� �C��.��� � . <br /> ' (Wall Stmet Jnurn�l Pdmc Rate) <br /> � , � „� �t;�i9'7 , <br /> ,.> THIS R►DJUSTABLB RATE RIDERis madc <br /> ' and is incarporated into nnd shall bc decmed io amend and supplement the Jvlort��+ge o�f 4F�cr�tr�►fdate given by the undcrsigncd <br /> r (thc"Barrowcr")to secure Borrower's Note(thc"Notc")to '�' '��" '' � '� � � <br /> i ,.`�- <br /> ',;,+-��t �ri t i�it�r,� c�'.'���� Y c.r r i u i ��he "Gender")of thc samc datc and covering the praperty dcscrilxd in thc Mortgngc and <br />'����� locatcd at; . <br /> �;�;ntJf� IGi .'1PJi�. �•ll: E.:L'��.� <br /> _ a �.,� I I I 't I I '.I� (t'raperty A rcs�l --- <br /> ; C(DNTAINS PROVISiONS f►4WWING F�DR CHANGFS 1N THE INTERFST RATE AND THf r' <br /> �`�� THF. NOr1'N <br /> . . �! -- <br /> • PAYMENT5.THE N�['E I.IM175 THE MAXIMUM INTER�'T RATF.TH�BO12ItO1VFR MUST PA . — <br />- ADDITIONAI.COVENANTS: In addition to the covenants and agc�eements made in the Mortgag�Borrower and Lender <br /> - further wvenant and agme as follows; <br /> ' IN'CEREST C�'IANGFS —. <br />= :: --- <br /> .� Chpnge Dates r�r�/97 — <br />���'``•�`��. Thc interest rate Borrower will pay may chanBe on the first day of '' <br />�'F:.:�,` and on the first day of each month after that date until the maturity date.Each date on whlch the rate could change is called � <br /> }t;�, <br /> -1. t�• a"Change Dace:' <br />��.::�,,t;�,;- <br /> -kt;r� . <br /> 4ti:'��`�� The Index <br /> n�a1�t rt <br /> -� ?•' • The intemst rate is based on an Index.The"Index"ts the Prime Rate(the highest prime ratc published daily in The WaA treet <br /> �_� <br />"°�"�"1 Journal"Money Rutes"table). <br /> ���..,. : <br /> a.;.; _�.�, . Li . <br />�.......-J; i,. .. r!..BQ %. <br />��:,'`;�•���.��+:r,i� The[ndex on the date of this Note is <br />_���.�.;.�. <br /> i;L�o-,,r.=r•n,. <br /> �T.,�;�,;�„�.� Ca�kulydon ot Changes � ��_� <br />""`'"�'"'``" On each Change Dat�the Lender will alculate the new intec�est rate by adding <br /> :ti:�::�, 17.�i� %. <br />'°`'"`-'�"�`�"�� pementage point(s)( ��1� % )to the Current Index;however,the interest rate�vill neverbe gmater than <br /> �'� The amount of the scheduled payment will not change.Increases in the interest rate may cause the�in�l payment to increase. <br /> �$�'�P"�L� <br />, __ _ Borrower may ectend the payments for up to six months. <br /> --.,=.�P�� <br /> __�---=� NoNa ot Cluinges <br /> ---�—� The Lender will send Borrower a nodce once a year.The notice will include:the current and prior index values and interest <br /> rates,the loan btilance and the payment amount necessary to pay the loan in full by its stat�d maturity date. <br /> � BY SICINiNG BEIAW Borrower aocepts and agrees to the tem�s and covenants contained inthis Adjustable Rnte Rider. <br /> - -- C� � <br />--__-..-- ' � �v,,ez,rl,� G .� � <br />�_ - --- � <br /> '� -:-.i_� <br />__ --- -_�� <br />-. --•zu�A�):��i7 <br /> —__—"=3G_��•�'� <br />—-��Sr���+effi�� <br /> ��Y�i1i0 <br /> —_�:�L'�� <br /> '';�'rT:�e��` �. <br /> -� _ki7�K.�1� — <br /> _--=ir�,;[_r.t;�,;�; --- <br />--.•.0 i a •:,�: <br />__°� � <br /> �vrT s� _ <br /> -_ ,r."' i-,q.,� _. <br /> � . _�x � <br /> --_- • . � _ '��♦ _ <br />-- , . _� - <br /> ' •n' �L' <br /> .__4.i�:� `. <br /> -rr . <br /> ''�Y�Mr�r+i•r . <br /> I <br /> �� � NC 300J4 MTt3 f'J�BP32107)�700 <br /> � . _ _ _ – - - . . __ � _- <br />