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HomeMy WebLinkAbout0919 Adjustable Rate Rider tilntere;t Rata Lun=tsi Th~s Ad~ustaUle Rate R~der ~s made in~s ~LZI_ day o! TttnP _ 19 85 ded ~s ~nC~rE;or<ite:i ;ntu andshailbedeemedtoamendannsupplementtheMu{tgageD~edofTr~,storDeedtoSecu~2De~tlThe Secun;yln~trun.~ent the same hate g~ven by tne unCers~gned ~The Borrower l to secure Borrower s Ad;ustabia Rate NotP tc u.. u.,..v .,F St LLC3P ('ountr Ilhe Lender 1 of the same date IThe Note i and covenng the p!operty descnbed :n the Secur~?y Instrument and ~oca!ed at xxx S. E. Esterbrook Street, Port St. Lucie, Florida 33452 ~ ~P~o~;~~~y a~d~ess~ Th~ Note oontains prorisions allowiny for chan~~s in the interest rate every year sub~ect !o the limits stated in th~ Note. II the Interest rate inc~eases, the 8orrowers monthiy payments witi be higher. If the interest rate decreases, tha Borrower's monthty payments will be low~r. AdditiOn~ICOVMH1tS.InayCf~l~~On?:)tn£•iU~."n;~.^.t5an~::~C'CY'r,•e.n~S„~~~:ft~~nrr,f'Sr,....i~'vi,?itr~"-,f„1! 6.,;r•~,~r..'a"7LE'n(4'r'_, ;n.aCOVd"..l". an : aqre~~ as'onoas A Interesf Rate And Monthly Payment Changes n o Thc: NG!ft prOViC'.e5 ~Ot a~ -n:I~d' ~..^.ftl~S! !0•e - 7• o~ ~ S : C;'~.;n -3 ~i~ ~~~:e NO'B 0,. ,:,j i~~• Cnd~1qF~ ~"7 .hi: ~.I"ltf~~c;. ~ ~ fl'F' ~i.^.d i^c: mvn~n,y G;y~, ~~,ents as `o:!o..s "4. Interest Rste And Monthly Payment Chsnges ~ ; (A) Change Dates p~ ' Th . ! C'~! ' r-:i h f! !nn ~~fS? :lcl\' i%~ July _ ,s 5?51_-__ _3'1C: CP' ,^ii~ _^.8`i ~ ~~rn . . e~^ er ra!e ~~!i ~ay ~ti~ c~ ~a~~ ;e o 7 ,.Cd"f'~ FBC~• C?'B O~ ttih,;;n T~~ .ne~''eS~ 'd'~' ..:;UIC: C!13rlqn i;8~.t'~: ? C!!(1^y? ~i3!P (B) The Index an,~:~r~..- ,~fn rtr.~ , •S• (~nPr,yC li8'E "rr `~'._'i'~S a. . U~' U35F.~ On 3n i~ ,~Y !h-~ . ,..1x !hf ~.tiC~~n'•~ !3:1f' J~~ U;,.~•~il S'a'E~ T~ 8d. ~,._,~.?it?5 d~'US'C'Cj'~i 2~~`,n~!3^; R7d'.Wi(y 1 y'ndr 35 ~^8~c a:8~~:~dDl~~ ~j~~ thc ~t~lf'f3'~ R%'SB'~:E' 8~.:,.''J Th~, .~':iS? !"C~~1` i!1~.~'Y ~.^yu!C 3:d'Lf~J~P 3~ .hP :13tE' J~ C:~+ti'~ Dc"Jtr'• cc3C'! ~^8f:C7E J8[8 ,S C'3-IE'~'!~P i..'~f.'fli I^di'x i~ .h~ ,,.•x ~ ,.,'yc.r d~. "d~~'~8J ~V.:. ' Ht. . C d F.,~ ...~E:~ .:^,"'h . .d~• . , .,3~ 3J~ _ _ . 'Yip 11~;E HO!~(~f c' O! '^~S ChOiCEP (C) Calculation ot Changes 8e!ure each Ct~aoqe Date thi' NOi~ HJ,C2~ rr~i C81C~ '~'@ tT:y ~E::•; ~n~~~CS( ~3iF' bJ 0CC ^G tW0 t4 5n /ln~. p<<C~_^i~3yt' L'C ^'S ~ , 2. 5~ ~oi IO 'h2 ~U'~2~' In:~.'x The ~IG;C H.!dgr :^.i'! inen rG:;nd t~., r~S~~:! pf ;h~~S 3~.7d~ii0!` !O fh? rea~est Cf`@~e~,yh:,h 0^c: . - .,•3•: c:~: r~ ~0 !C~ S ~ . C ~...~~.(S 5'.9i~7 SC~t ;n .(DI DE' . ~.~,5 !~Jl.n•~~! a~.i~.;^t .ti~.'.~: trt.' iny ne':1 :n'2r~t r?1~ ;,^•t~"hn f'.c^xt ~~d^~~_ C}3?t' , r~ . u ,,a~a~~"~e i r_ , i~ F"„ ~rr `._~.E~~.~~~.nE ihe a'• ~~,f`: . , . _:h:`. .~dr~ ~.E'r.••ng• :.;n. b~ S,, „ 8; .^P . ~ . . . .;3f1 I c3T f" .._•C'c...~. .,.":i~ . ?C"d- i)8?f. n v(I'~._ c.... :d'B c~.: 'r~ ~8'~ 5~...,_~.dr•.~~ , . . Jd;r '~.Er",'~ `n . _ . ' j C~i~~.,'8r._)" D~~ . ^~c'~.. ~'~1C:.n'.. , 'Ci~n'h^. L%c"!y'I''~^~ (D) Umit on Interest Rate Changes The rate ot ~nterest I am required to pay shalt never be ~ncreased or decrEased on any s~ngle Change Date by more than ~ ~ ? one percentage point (1.0%) 0 two percentage points (2.0~'0) jCheck on/y one boxJ from the rate of mierest I have been ! paying for the preceding twelve months. My interest rate also shall never be greater than 14 f~7 5 (E) Eftective Date of Changes h"•y ne•h~ ~nterest rate w~il b2come effec'~~e on each Change Date f w~it p8V t"E? a~~~'vUf?' 0';T'•.r flE'Y.' tTJ!1',^~,''~ F:84^'E~~~ .'~,c ~~r"';n.~ - on !he f~rst mc~!hiy payr^ent Cate after the Change Date urh! tne a^~,o~nr .,i ~n~ r., ~~r:y ;;ay~~~en' changes aqa~n ~ (F~ Notice of Changes ThE' NJ22 HOiCj@f tiYi~l r~2~' 0~ dc:~!VE" ?G' c~ il~: C@ CF 8nY Ch,c7ngE'S ;~l'.'lE' ~~,Ci~~^~ ~ .,^,rn~y ~d•~'~'~.~^•I bc`~..ft'?•.~E ~,~af;~~i. E ! dB~B 0! 211y Chdfly° The n0'.iCF? ~'1CIUdP.. ~~!OfT:B!'un f~~~re:! !3:'i ?~l bE' C~~gn ~~~E' 2~~ a'~~~ "~E,''~',;g ~n~ ~E-t':~^~,'1^8 f'U^~DE'I G` a € :;er,on :vho :s~ii ans::e! arr quES?,~^ ~;ng;, r,a.e regarc,na t~e rc:~?!Ce B. Charges: Liens ¢ + ~ tn r~ r t~,, t -~n ~ s ~ Un~form C.~~:eran? ~ o: e Se...; Ins•,,.,mer. s a~-;~ r d'o rea., a~ ~'~~:rs ~ 4. C~'18f92S; Liens. Bo~~o:.'8f S`~2:; r8y' 2,! raxes. assess~ 2^IS 2^d Oi'te~ ~h8'yc.S r'•.;.5 ~"F`O5 !~:~5 ~7'ir C,~:BDiE•!:i Pr~.;~, eriy ~.vh~ch may attan a enor~ty o~~er tn~s Sec~r~ty lnstrument' anC Ieace~r~C ~ayments oi g~ou~d rent~ any ~~r tne manr.er ~ pruv~ded urd~r paragraph 2 hereof or !t rot pa~d ~n such rr,anner. by Borrcvrer ma~~na paymer? wh°_n duc e~rec?~y t~ the payee ~ I'lE'te0' g0"O:':e~ Sh~i~ r'C'T'~pt!y !u!n~sh to Lender a'i not~ces ot amoun?s due u!1dB' t~~s naragrap~ ana !fl !he B`1Bf?' BO!I0.'r~' Sh3'' ~ ~~~.aKe paymen? d~rectly. Bcrro.ver sha~i promptiy furn~s~ lo Lender rece!p?s ev~cenc~ng such payments Bcrro.ver sna~i ;;ro.rpt ; d~scnarge any ~~en wr~c!~ nas ~r.or~ty over th:s Secur~!y lnstrum~ent prov~^ed that Borrov.er sha~~ no? Ge ~equ~red to d~scha!U~ a~y ~ St1Ch I'Eril SG ~C~~ 8S BO!'Ot:ef ia1 Sna!! a'~f8@ !fl W~itt:^.y lG 1hQ pByRle~f O` ?hc Ob'iga,~0~ SeCU!E-d by' SUCh i;en in a!?i3f1RE'! ~ acc~pt~bie?o Lender ~ b~ sha~l ~n good ta~,h co~test such ~:nn by o~ de!end aaa~ns! enforcemer; o! suc^ i:en m!ega! proc~ed ngs ~ :~:~!c~ ~e OµiftiC~ Of ~e~~der operate to prevQn! the et~!orcement of tn,e ;,en cr `orie~;U~P, Of 1~?@ P!G`[;8!'`; Cf 8ny par: ±hereof c! ~c~ ~ ;ha!I 5ecure fro~r !he ho!der rt such •.en an agreemen! :n a to!m sa',~cfac?ory to Lercer s~bcrdmat~~ g such !~en to?h~- S~~cur!ty ~ ln~trumeni ~ !f Lender ~etern!in~'S ':hZ? a~i O` c~~'j par, of ?~e P!C~~P.f!}/ ~S S!ib~~ct to a~ien ,vn~cn !'~2~ 2?',d',~ 2 U~'G~~''r ~~'.P~ (h~~ ~CU!!?~ ~ I!1~tfU!nf'.n'. LBf1CB! shaii send Baro~.ver r:o?~ce !d?fllify!r(~ SI:Ch I,P_fl SOffGh'Q~ ShB~~I 58hSrf SUC7 ~',8T1 Of ?$%:E' v!'~ C' !n~~'2 0~ t~P ' 2C1j~'v~5 SE'? ~Of1,h BbvVe r:~:tr.:n ?en Cays of'h~ grr~rq o' f!OtfC~ ; C. Notice ~ Unrform Cpvena^t ta o! rhe Secur~?y Instrument ~s amerded',c reac as rcii~:.s ~ 14. NotiCe. Except for any not~ce requ~red urder appi,cable law to be g!ven ~rr ano?ner rr:arner ia~ any no?~ce ;o Bo%~o::er prcv,ded for in th~s Secu!~ty instrumeni sha!~ be g~ven Gy dei~venng ~t o! by ma~l„~g by t~rs; c!ass ma~~ addressed to Borrower a'?he ~ Property Add~ess c! a' such other address as Borro~r~er may descanate by nohce to Lende! as pro:~,de ; here:n and ( bi any noLC2 tr, ~ Lender sha~, be g~ven by hrsi c!ass ma~i to Lender s address stated herem o+ rr such o',ner aCdress as Lender may des,gnate by r,ot~ce tc Borrc:.ve~ as prov~ded :nere~n Any rchce prov~ded fcr m rh~s Secur~ty !ns?rumen? sha! be deemed tp ha'.~~ bee~ g~~~en te ~ ~ B~rro:ver er L~nder w^en y~ven m the m2nner dec~gna?ed here.n ~ ~ . ~ ~t-~ ~ 4 . ~ ~ ~ AdjustaWe Rate Rider-Plans A-2 and A-3 1-a Fa^~-,~y-9 83-FNMA Uniform Inairument o9x~~ate.~+eaz~cr ~ Aa p~ev+a.is ed'~an a~e ot~wie!e ~ ~o`;x 4~~' PacE 9~9 ~ ~ ~ , G ~ ~ ~ ~ y;.,~ } . - - - - - ~ ~ . ~ ,~.i _