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Home My WebLink About0937 . - . ~s:~~:l?11~ , ,o / . . : : , , A~~;~1~~`A~?~.:E :RATEfi~~~i~~I~A?G~b~~~~t . . . . . x ,t. ',d:.... ',@ 1: 5 , ~ . . F / `_r , 0 . TH~~~GU~tI'~~~'I'R~~NT SF~~.S ~~~,V~~~~1~~'AII~S "1,1 ~~tU~ l~~i~~ ~11~`(; ' N!;~GF.S ~'f~E~n~1' ~ RE,ST RXT~ 1~CN~AS ini~,T~l~~~'['F.R.~7' R~~ w~~.~ R~.S~. ~ ~3~~~t ' PAl'AtE~''I5:'1).~CR~ASE.S~ t~~~ l~"PER~I'' RAT~aV1~1.~ RE.~U~1'`I.~l.~ll~'BIt~PAYA~EN'I5. ~ii~~~~d~r i~ ,m~d~aihis . ,.,~.~,~~.rti~~~s~ ~!°d~y of p.~.::...~~~d~t~."~ ?~~;~`t~`3ocurc''~'kb~`Cth~.~,$Sec~~~ ~ ' ~ix~~ ic~incor`~ia't~i~ii~`~n~di shaii t~""deemod~a~cf s~ipplcr i~C~i tlw i~ ~itga~c; _ .'~e~ " Y- . , ~ tre , 'la"si'~n~'mcn'i'~`'~~'~h'~ s~mbiTate-~Ivcn~by~ih~~ndc~si~~e~ (th~ "~o~er"~`i~'1 secu(c ~a'~c7r's Notc~i~`Firsf Cit~zens Feil~rl~l Savings and I~oan~ Associxtioo~f~hc~"l~cnde~`'1~~t~~'same'~dato-(thc "Noto"f`aiid~~ovci~ing"`the:pfbpcity'desC~ibed~in tFic ~ " ' ` .......:.m-°.7 ~0 ~~1. bt ~`~'~n C~~.~`~, '~~~'~3t ~ SeL~1~`iE~ I~i~tiT ~nd~lo~ated ~t y L1~~i`~ ~ ..FL'~~tla 3'4~52 , ~ ...~Y~~,..1~"'~'~1Ydrc.$~~'~.Y9.'~.a~tii:i:'FS'tT~i.•~~'i't"i si.~rii~Ywi"Pti:.. i 1~1o~1nca`tionsrlh°i~~`I~t~`th~'~~'~~is"and'agreeme~tsimadc~i ?~ih~ Sec~l~itjj`~'°ns ~~'~ii'S~°t~t;~~B~+oN~t~'~'~nc~~L,endc~r" fii~- ~thc~'~~cri~ni and~~ rec as' f~lldws: - - g A. 1~RE.ST RATE=AT~VD N~O~~L1~' P~~tCHA~~S mfhc-NoCe prrn"~i'des` fi~T'~'"T~~tial intere"si'~rafe~'of ...:~7 ~ 75~.~...~:~ SE~It~h 4~`ot~``~ n Ce prrn~ide~~'~t~~'~~h~nges~ikc . „ interesl"'~at~~"d'~the ~bnihl~'"pa~ments,~as~foildws:. , . ~ ~ _~.m . , y..: ; .r_.:, .R~ : _ :`4. : In'TERE.ST RATE<AND hf0\~'I'HL~' PA7~11E1~T~CNAlVGF.~ . • = : - _ Change ° Dates . ~ z . . . ,,,r. • , , i' ^ . . ~ ` :The~`ini~rest~tate l-v~ll~pa~~..it?ay~~hange on°thc:~:..;~1~3;tf+~ ..:.:~day~`of ..~:r:~~~~1~;;,~rYY3z~,~rrY~t,~,:.. 19~.$$~.... and bn~that"'d`a~ of`ft~~`~mmtth~every~.~2~rti~~ttu'th~rcafter. EacH*~d~f~"~~""`~i?hii~h~y interest`~t~rroula~~hange`is~called a ~~r~hange ~ Dafe ° _ _ . ~ 4 B) `The' Inde~c • I RBegin~iin~ with~"tti~`fii~~~hange~~ate.`mj interesl~rate ~K~ill'be based on`a~i`'"Index.'~~~'i`h~wlndex''is tht~vueekly avCrage ' vie~d on Uni~"ed~ ~i~tes Treasury ser~'~ities adjus~ed to~~F~tinSt~nt maturity bf .:~P.~Q ycars, ag ~iilade availa~le~by , the~ Federa~"~Rcs~'rvc`Bo~rd. Th~~bst"~ctnt?Iride~~fig~lre`available as'~f°45 d~ys~b~fbr~°eacti ~hange~Dat~.is~called`~1i~`'~'Ctt"r- ~ rent~' iridez : . _ -1f the'Ind~x is`~"~Ifitigtr'av~il~lei`tl~t'Not~~loide~ will°Chciou ~ neW~ index wtii~h is tiased~~~i~~dfi~p~rabl~'~inf6~itta- _ ~ ~ tion.•t7`he •Ff~tt~Si~~~`'i~ill~givZ~'~ti~~'i~tiC~"bf='itt~~tfioiCe. . (C)~'C~lcuiatibrl of Ctisnges : - . `Before cach`Charige~Da~e~ t}ie TNbCe~`Hofder will"eslc~l~t~~'my oew interest'rate~by adding'4e?.9~?~?:O~I~. H~centage 4 ~ .zz~.:'Xa to~~the~'~~tren't'I~idex Tht'~~1ote~f~t~ will`thenarourid ~the~~~result "of this-~additio~"~t$"''tht tiearest f ~ ~2:~=~~ ~ ~ ~ ~ onc-eigiith'~t''bnr"p~~'c.'~'~lta~g~'poi~~"(b:"~5~6).'t'fiis,.r~ifiif~`d'~f~<iut~t w~'~`~~'my'nett~'~iilterest"fate'ft~til"ttii~'t~ezf`Idtere~~`t~~hange Datc: 7'he int~ttst~rat~ ~djustmtriC'~nay be"i~~~t1i~`f~t`~ot~~"waf~"i~i~tease o~ ~'"fate`decreau: INy'-fir3t`• intercstyrate adjustme~lt - - - - _ - , . . - _ : „ . . . wiU be'lirtlited to M~ interestpr~tt ~~d~U3tftlChts thCreaftdr willrtbe limited~~'to ..~;:p4..~+.~...~:~bvtt`~tfie - tenn~,of¢r~y loan,' my~~intetestrratt will~rtitvt~ ei~cted .~y~::~2~~:~5...,.....96. `~ThepNot~~N61'd~~*will'the~'`~ete"r~iinZ`~tht'amoun`r"~f UiC monthl~xpaymerit°~(}i~t`would'be Stiff('t~ienf to tepay iri fulf"the " prii~ii~al~`1 a~ti1 eiipcctetl`id'awe ot~'the Changer~at~~ii~`suastantially 2~jr~~l pgjitnents by the~matu~try'dat~'~`f`tny`~new i~tlerest ~ rate. ~h'he~iesuli~'t~i`'thiscalculatl~i~~will°ti~'tlie "new ~mount° bf'~ti~q"it~'if°thl~`pay~~t. ~ ' (D~~~ftA'~ivr `Date ~o~g~hanges - ' effec'tive`on ef~~i~~h~nge~~atc.'i ~111Fpay'`the atr~ourit~`ot'my`r~ew rrtni~ihly~~payment 'My new'ihitre3t rate w~ll become - - be{tt~ning isn'`°the ~`i~t`il~iifithly~pay~met~i~"d`aft~aher the Ch~ng~~D~tZ i~r~tif~tN~~~mour~t°of~m~ ~iti~ily p~yment~changes again. ~ - ' . ~ CX~11l~=Ab~l~Ad~i.E iti~~ 11~ORI~GAL`E RIDER tiREASt7RY'iI~DEX - Lb~) - I : . ~ ~eo-067~ . I . ~ . . . ~ 1 ' ~ v . , ~ . . , ~ ~ . . . . ~ . . . '~j . . . . . . - . . . . i . . . . ~ ~ ~ ~ ~ . ~ T . . ~ , . . . , . ~Y` ~j+ . . . . . . F . ~1•` ~ I . ~ . . . . . li ~ ~ . ~ . i ' . . i ' ~ . . . ~ ) _ ~ . ~ ~I ' ~ `'k ~ ~ e~c~~~~=~A~ ~~V . , ~ , 1 + . ` - . ~ . . , . .t: j . ' . ~ t . . f . , . ~ : . , . . . . ~ ~ . ~ ~ ~ ~J . ~ t . Z ~ ~ _ Y w ~ . 1 ' 1-t-S. . ~ . . . ' . _w~.v~_ .~v.a.r- _...~si.....s~..., . . . . . _ . . . . _ . . ' . ~ ~Y.-., . i. . - j.r _ . ,r.-.. ~i"'.~.ets.z- ~'.s.::~ .