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A. INTEREST RATE AND MONTNLY PAYMENT CHANGES
The Note provides for an initial interQSt ratQ of 12.25 X.
. Sect~ion 4 of the Not~ provid~s.for chan~~s in the int~r~st rate ;
and the monthly payments. as folloWZ:
INTEREST RATE AND MONTHLY PAYMENT CHANGES
(A) Change Dates
The interest rate I wil.l; pay. may change on the lst ~ day _
~ f Julv • , 19~, and on that day of thQ month
every Twelve (12) montfis thereafter. Eacti•,'date on Which my interest
rate could change is called a"Cha~ge Date."
(H) The Index ~ ~ ~
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Heginning With the tirst Chan~e Dat_~.. my interest rate Will
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be based on an "Index," The Ind~QY i~~tha Weekly avQrage yield on
Ursited States Treasury securities ad~usted to a co~stant maturity
of one year~ as made available by the FEderal ReservQ Board.
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~ The most recent Index figure avallaole as o~ 45 days before each
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j ~ Change Date is called the "Current Index."
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If the Index is no longer available, the Note Holder will .
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~ choose a neW i~ndex ~uhich is based upon -comparablQ inPorma~ion.
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The Note Holder Will give me notice of=lts choice.
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