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• (~~Yl~'~`'Iddex - Periodic ~ed l:ifE Intetes~ Ra1e C~p:)
"f111S'11DII1S~AQl.[i RAT1i RIDGR is m~de this~'1~ `di~ af .°~?P~ 19~8 ,
p~ : pp . g ge~ ' y Deed (~h'e "Security
and is i~c rated iato ~d sh~ll be deemed l0 3mead and lement thoPl11ai1 a pecd of'~liust or Secur~t `
` In ~nent'~ .u~th c"`daio ~iv b~~ . ~de i ~ (~lib"[fonav? ure aortarti~t"s' d' a Ratd Notc"(tho "Nae'~ lo ~ ,
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~°(Uie "Le~idE~7~~f lh`~ ii~ne dato uid zovl~tidg llib"~il~°'desCribcd (~"Ih'~ Securily IastNme~t and located ~t:
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Ad~itionil~ Cb~~enants: ln ad'dit~""~`the fovenaMS and agrcemeMS'fiiid~'in~~h`b"Sccurity Iditn~mtirf; Dofrtow~'f~nd Lende~ f~irther
oovtn~~il~i'~'d`i~~t~ ~f follciw:: .
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f~A'~`'11~SN~I'~Y~~'J?Yi~t~NT~NA~~:S.
~'Ihe~ofSRp~tsvide~'for ~t1' loitiil~lfi`~`fcSt R3Ct of B~'2 5 96. ~'~l~"Nde rovidi~'k~'th~nses in"Uie'trtl[e`rcft tatc in~dlh~ moa~hly Qaymenu.
u fdlows:
, 4 .~\~7~`'R~Fi:~'R~`1.A\'~5'"~5\~ilS"T~.~V,~f~~`'1`"(`i11C~'~:F:.ti;'~'R~t~"~C~~t',~`~~`fl~ifi'.C~h7l`l~~iF:,\`I'
~ CA~"C'h'Yiig~ Q~tes
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7?ie intercii n~'1'vi~i11 ~?aY'tn~y"ch~nge on the first diy'bf . 1$ 9 , and on tliyl diy evlry'12th
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"°montNth2'ttaft~r:" Gch'datE on tiKfitth iny intereit ~~te cduld ~Fi~ng2 is c~ilod a~Ai'Sng'e D~ta". .
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De~inning w~th tht fiR(`~.limgc Date, m~+ intere's'1 nte w71f be" Dastd oe s~ indu. 'I~e "Indtx" is the vil2kly avenge yilld b`tY'UditEd
° ry ~ties adj~stc~"to 3 constaiii muunty bt' 1 yc~r, armufr~w~i~le by tAc" Federaf`Reserve'Doatd. '-`Ilib'most recent Index
`States`Trcasu secu'° ' ' ' • ~
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figute tv~ilable ai`~Sf I?ie'dite"d5-days beforo ea2h"Ch3nge Date'ts calied ihe "NRent Index
1( th' g able; tht`Idote No1dFt'w~iU Elioos2"3 ~2CV index which is bued upon fbmpanble ielortriation. •7ht Nbte
! Index is nb"ibn ~tyv~il~~
Itoldr~wtill gi~'l~Mt~olicr"8f this~thoite. ~
' (C`~"1 Cal .
• ~ cuiaUon "I~f ~hanga
DefQrc each"~Cf~an' ge Dile, Uie Natt Holdlr will caltri'~1ri!'i~iy neliu interesl nt~ by addiag percenuge
~ '3 ~ ~ 5 ~ ' ddiGon to lhe nearcst oti2=ei~hih 6f one
mis ( SG) lb`ihe'Curreia~'Indtx. Tht Note 1loldet will U~th raund tfie rcsuH`of~this a'
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f perctMagb ~fidt (0.1~.S9b). 'R~ts'raunded amou~t will'be"my aew intcrc3t nte uMil'ihZ nl1~1'C~furigo Due.
Hoµtv~~; m intercst fate shall nev~'f b! incrcaud ~t decaaud oo a~y single th~oged di[e by iriote than 0 8
~ perceNasc point~"'(2 ~ 0 56) from'~he" nte o( interest ~ hib Deea p~ying`immediatdy pti6f l~lh!'chang~ date, ahd iny att of inteteu shsll
' oevltltCttrise ~r darcase b'~ rrioro" Uun 5"+ ~ 0 peamuge pani~i • A~'X~~ fnbni` ili~ Iniiiil Intuesi~Rate ov~ lh~ `ttm? di the :
~'i ~f3ata
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' dettrmin'e the amour?t otilit'ti~"thly pa)tinsnt that wd1iJ be iuiticien"i io ieryy tli~`'linpaid printipll th~t 1
' am exptrtrA to ovve 31111ie~Ching~Due'in full o~f`?h~~ rtutilrit date 3~ m ncv~ intercst r+te in substantiall e ual meMS. ~'(l~e tesult of 1hi~
I ~ Y Y Y 9 PeY
, nlcul5tion wi11 tir th'e new amount df iriy"monthly payment-
"Ii. 'I'RaNS~FIt°dF~'i'NF. I'y[tn{'ERfi~'"OR-A i3~~~FICt~~[;~1NTF.R~'..~`7'%~~ [i~a12O~V~:R.
! ' Unifomi Covenant 17 of ihe Setunty (nst"~Umt~?C is amea&d io rc3d 3~'foflow~s~
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I `''fransferof lhryF4 ~'rt '"o"r a'Beeefldat Interest`li~°ilorrmser. If all or my pyrt of~Ih~ Pl'operty or aay intercsi in ii is sold br
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traosferted (ot"if a Deneficial iMerW in Eibrtowcr is sold dt tnnsftrred and [iorroK•et ?s aot a aatunl petson) without Letdei s pridr v~tiiUen
oonunf; Leodei r~y. ss its option, requiro immeAiate paYmem in full of ~U `sUms secured by"thi3 Searity InsWment. 1lovvevcr, thts`OpticM
sh~11 ndt tii txercistd Dy Lendff"if eacrcise i+i'~iroliibited ftderil law`is t~~lhe date ~f Ihis Sccurity Instrunxn~ Lender also shall Abf Exercise
~ this°tiption'if: (~)'Dofrovrcr causeY io be wbmittcd to LlndE'~ iAfamatiai ~qUirEd by" LeBdlt' tb'cvaluate Uir YDtead~d~tnesfea"e at if a new Iban
wcrc being madE td ~h2 transferee; aed'(~) l.endlt °fe~tad~bly ddermiaEs thal Lebder's se2orify Will nd[ tid impoirEd by the Iwn sssumption and
~ ~hat 1h"t`nsk of a' bteyth of anycoveoant ~r agretmenl i~i this SEhtrity (nstrUmcM is xcepUWe to l~ender.
To tlit`exuot pertniuod by applicaAl!' I~w, Lender may chuge a rcasowDle fee as a ooadition"'io'l,ender's'consent to~th~"`loon -
a:wm~ion. Lcnder may alst? require ~ht tnnsleree ~to sign°ae assumplion agrcertxnf•that` is acuplable'tti'l:fi~det aed ihat'obligates the
Cnnsferee to lceep oh th! promius and agrcemeM! madE i~'tht'Nde and in this Secu~ity Instrument:~Ddlmw~t w~ill tontinu"e Cb bt°o~ligatEd
und~~'th`! Note aiid ihis Security (nstrumeM unletsLendf/"rtlease's 0omowti in writing.
11' l.tnder'exereises the option te tequirc immeeiata payment in tutl; LtddEr s1i~11 gvt Ddfrower notiu of ~t~ekaGoa. The'naiu ,
shall provide a period of nbl less ihan 30 d~ys hofn the date the naice is"delivertd M nuileA wi~hin Khich the I3orrovt~ef'must pfy all sums
sEtwurEd by thi "s StHirity3thstiumen~. If atimov?•Ef fsils' l8 pd'y~il~ese wms prid'r rb tlie expintion df lhis pcriod, LlndE'f rtny involct any temedies
permdted by this Securi~y Insliurrkill ~c?tithalt fUnh~r nolitc or dertund tfn 0ortowet.
" bl' SI(i~1~(~ H!?L(y~Y, borrawer xccj[s and agree's Cb lh2`teriris and covenants coeuinfd"ii~ ihis Adjusubk"Rue Rider.
° W~tness tht'h~nd{s) and ual(s)'df`'lhe undenigned.
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