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<br /> 699�l90 CA11-3118-1
<br /> 97- 10�05�
<br /> ADJUSTABLE 1tA'I'E RIDER
<br /> - (1 Yezu'7yrerr�ury Lickx-RAtc CAps- Flxer�Rp,te Converston Option)
<br /> THIS ADIUSTABLB RA.TB RIDF3R is made thi�Z�ND
<br /> � 1t1►Y ,1�97 , and ia irn;orporatod Into and shall bc deemedy to
<br /> amend and suppl�ment the Mortgage. Aeed of Trust or Securit�► Deed (the "Sxuriry
<br /> Inswment") of the sanae date gived by the undersigned (the Borrower") to secure
<br /> Borrower's Adjustable Itate Note(tiie "Notc")to�toA�B�' l[OR'�►pa, 3NC. _
<br /> � same date aixl covariag tht Praperty dcscribod in the SocurIty Iastru�nt and joeate�d�a e
<br /> 413 �3T OX�HWfl1. aR�1�PD ISI.111fD, 1��t719�l, 6880X
<br /> ;�. l�y nacrw�l
<br /> ' THE NOTE CONTAINS PRCIVISIU�IS �1LLOWINO FOR CHI4AIQES IN
<br /> TNE INTEREST RATE AND THE MONTHLY PAYM�NT. THE N07E
<br /> . _ LIM17S THE AMOUNT TH� BCIRROWER'S ADJUSTASLE INTEREST
<br /> � RATE CAN CHANGE AT ANY ONE TIME A�ID TH� MAXIMUM
<br /> RAT� THE BORROV{DER MUST RAY. THE NATF e��en �AR�Tw�a�n
<br /> � �r+t �r����i� TO CONVERT T�iE r..^,,;e�NDLC nia i c i u fa I�I�KED -
<br /> � RATE.
<br /> � ADDITIONAL COVENANTS. In addition to the covenancs and agreements p�ade in
<br /> , ' ' the 5ecuriry Inswment,Borrower and I,,ender further covenaat and agree as follows:
<br /> 't
<br /> � �� A. ADJUBTABLE RAT'�AND MONTHL`Y PA,Y1I�.NT CHANGES
<br /> ��.{ The Notc� provide� for an Initlal incerest rate of 6.6Z5 y�.
<br /> The Note provides for changcs in tho adjustable interast nte aad the uwnthiy payments, aa
<br /> ��`� foltows:
<br /> ,� .
<br /> ;;� 4. AD�'�TSTABIE INTERF.5T RAT�AND MONTHLY PAYME1vT CNANGES
<br /> ' (A)Cban�e D�t�
<br /> ;' 'The adjust�ble inierest rate I will pay uiay c e on fhe firs��'�y of�s
<br /> ; i998 �and on tbat d�iy. every 12th mon thereafter, �ach ciate on which my
<br /> ,r adjustable interest ratt could c9�ange is called a"Change Date.'
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