HomeMy WebLinkAbout0991 The Nate Hoider will deliver or mail to me a notice ~f any changes ~n my interest rate and the amount of my
f monthly payment before the effective date of any change. The notice will include informat:on reqwred by law to ~e
~ given me and also the title and telephone number of a person who will answer any quest~on [ may have regard~ng the
notice.
( F) Borrower's Right to Limit ?~tonthly Payment
Unless Sections 4( H) and 4( I) below wil{ not pernit me to do so, I may choose to I~mit the amount of m}• new
monthiy payme~t following a Change Date to the amount 1 have been paying multiplied by the number 1 075. This
amount is called the "Limited Payme~t." If 1 choose a Limited Pa~ment as my monthly payment, t must gi~~e the
Nole Holder notice th~t 1 am doing so at least 15 days beiore my first new monthly payment is due.
(C) Additions to My Unpaid Principal
- tf 1 chcwse to pay the Limited Payment, my monthly payment could be less than the amount of the interest
pon~on of the monthly payment that would be sufi~icient to repa}~ the unpaid pnncipal I owe at the monthly payment
date in Cull on the mawrity date in substantially equal payments. If so. each month that the Limited Payment is le~s
# than che interest ponion, the Note Holder will subtract the Limited Payment from the amount of the in~erest pc~rtion
Yl1tT1~TATE ADJUSTABLE RATE RIOER- F H L B C o s t o f F u n d s I n d e x
a~~`~~ ~4Z t ~~,E 991
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