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~ " +~r. ~ ~ . s~ ' - , ~ . . _ ' - . . . . " _ . . . . . - ~ . _ ~ • • . . . •.N • ' = ~ • ~ • } ~ '~i ~ . F' .•~~~\1 ~`~~v=~` • ~ ~ i~ . ~L~ . .i- ' ' '.i ~T:i.i~t•~~'. V~ ~3 -:r L .wV•,'~•~.,~ i~• y . ~ : ~ ~ . ~ ~ ~ ~ ~ _ • • : '~•i~ ,~,~W ~ ~~~~~:w~ ~..~w~~.,~%r~'Y I?~~~y'~'~1w ~i~~,~~?.~ • .^..7~• •V : , - - FLEXIBI.E TSRM ~ ~Dr7DSTAHLE RATa L071Ir1 RIDSR :f ~ ~ ~"'r'r ' ' ~ I - ~•r'S~M~L~ a S ~ ' ~ ~IT• ~ ~M ~ ~ I~ ~ ~ '~~'y~ ~ • '`r~~~.+~~ ~.i~ir F~I!R'._ .a~•••~~ ~ • ~~w , j~~ . S!?~ ? -v .i • . !1~%~••r -y. 1 ~ ~1.~~~r e ~.;;~:z ~ ; ~OTICat _'1'H~ S~CORIT'Y ZNST1t~M8NT S~RES I~IOTa s . ~~,,."~~''"'r~ ~T? ~ ° ~SICS OONTI~IN6 ~1"pR~VISIOIii ]1LLOiTING l~OR C87~I~1GE8 . `~~.-~:.;.1~-~• ~ .~i~~?~" ~ : ~ • :.Z _.:~s : ;--~-~M_ ~Ii~CR8~SE8 OA . ~~CRE7~SE8~ :I~i T8E sNS'BREST R~?Ta OM THE _ . ' -`„+4 t' r;'='~.'~'.'~==~~ '.?IZtB'1'_ ZIiITEREST-.R~1TE CBANGE 'D~Ta ~ BVERY • SZx ~+lONT88 ~ st, .o._ _?.~~.e-,~ ~-~L,'~yz . A i 1. AI~1D l~OR CBANGES =INCIi~1SE8 0~ DBCRSASEB~~ ~ ~ ~ N•. ~ ' Il4 TBE '1'83i1~[ O~ .'1'RE 'IAI1U .~':'~y'.~,,~. :,~~-~~l'~,,,= ~.j. ~ ~ S!~ ~~~?y--~.~?C~~ •~I Y r +y yy.r ~ rw„ ~y,I~~~SU~n~~..f~.~`;~~i/~ ~ . ~ " ~ . 3v : i~~,=j'i~ S ~~y ~~I,'`? ~ ~,~""~!~'T~~~~„~ 1~tir li~lr~'~,~ ~ • ~ , -z ~ _ ~i~ Riaes is maae tbit'• day of - ; -19~''; ` •A -a . and ~i~ 3ncorporated into and sha' ~be deem to ame a -s; ~ G;'4~ snppleamt the Mortgage, Deed of Trust, or Deed to Secure Deb!'~~, r.~; - Y~ ~ • ~ ' : ~ . ~the 'Secnritp Instrument•~ of th~ same date givet~ by th~ i, ;;_~z:. ~ i - - ~ - unaersi e~I tLe _ •SorroM~r'~ ~ to secure BorroWer • s Note to ~ ; _ . • _ • st~1.~t ~ sr. ~-~o~C; - - - - ~ the 'Lenaer • ~ of the same _~4 L . h' . - Y._ ~ 1 • ' ~y ~ date ~ "Note') ancl cover ng . e property 8escribed 3n tbe_ ~,:~:y.-~~ - - - ~ ~ • ~ _ . Secnrity Instrument~ a~a located a~ • S'~ ~sd~xfi~'d c~~ ~ ~ . y..- w ' - ~ Pie.roe, Fiorida - 33450 • . - - - ' - . . . . _ - - ~ Property ~ ress - . . . _ , • - . _ ' - - . _3~.-, ~ . ; - - . _ - - . - - _ - • . . ~ _ _ _ - ~ ' • Moaifications. ~Ia a8dition to .the ~covenants ana ~ ~agreements maae in tbe Security Znstrument. Borroxer ana ZenBes ~ - ~ furt2~er covenant ana, agree as folloKSS . . - - . • . : : - ' ~ ~ • - • _ - : - . . . INTEREST RATE~ FZXED Ir10NTHLY. PAYMENTS AND ADJDSTMENTS~IN LOAN ~ TERM • . . _ ~ . ~ _ . - . 1'be Note has an •Initial .Interest Rate' of 12•5 i. The - Note 'interest rate may be increase8 or decreas~d on t~ie 1 day ~ of the montb beginning, oA~ ~r 1 , 84 ana on~t at day _ of the month every = months thereafter. , . ~ Changes in the interest rate are governed by changes in an fnterest rate index callea the 'I~dex•. The Zndex is the monthly - average of ~.S. Treasury Bills With a maturity of six ~6) montbs, . ; as publisbed in the Fec]eral Reserve Hulletin. During the ter~a ~ of the loan the interest -rate -cannot be ` increased or decreased by more tban ~2.~5 percentage points above or belo~? tbe initial interest zate. If the interest rate changes, the amount of 8orroWer's monthly payments will remain constant but the term of the loan will cLange. Increases in the•i~terest rate may, therefore. result in a longer loan term. Decreases in the interest rate may, therefore, result in a shorter loa~ term. Dnder no circumstances will the term of [he loa~ be~less than 9 years or greater than 30 years. - Lo~w c~xcEs It could be that tbe loan secured by the Security , Instrument is subject to a law Which sets maxinum loan charges and that la~ is interpreted so that tbe interest ot other loae\ B~K `!~5 PAGE c~7 ~ _ ~ - - - ~ ~ . • . - - - - - - - - - ~ - - _ .