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<br /> AANSTABLE RATE RIDER �
<br /> THISAD7USTABLERATERIDERIsmadethis..�,8th..dayof.....A��X�..�9.�A...........,
<br /> and is incorpora�ed into and shall be deemed to amend and supplement the Mortgage, Deed of
<br /> Trust or Security Deed (the "Security Instrument") 4f the ss�me date givai by the undersignexi (the
<br />, "Borrower"}ta secure Borrower's Adjustable Rate Note (the "Note") to F;ANK.S?F..W�,�?�Yk�••
<br /> �.Fi�TA�,�S.�.�S�NP.........................................,..,,,.,...... (the "Lender'7 -
<br /> of the sutne date and covering the property described in the Security Instrument and located at:
<br /> �2�:t..W.�.?:�I.,.4�ND.ZS�?.,.i3�...�8�Q3.........................................,,............,,.......
<br /> �Praperry Addreu]
<br /> NOTICE:THE SECURITY INSTRUMENT SECURFS A I�OTE WHICH
<br /> CONTAINS A PROVISION ALI.OWING FOR CHANGFS IN TI�
<br /> INTEREST RA'I`E. IN'CREASE.S IN THE INTEREST ItATE WILL
<br /> ItESIJLT IN HIGHER PAYMENTS. DECREASES IN 'I`EIE INTEREST
<br /> RATE WILL RESULT IN LOWER PAYMENTS.
<br /> ADDITIONAL COVENANfS� In addition to the covenants and agreements made in the
<br /> Security Instrument,Bonowet and Lender further covenant and agrer. as follows:
<br /> A. INTEREST RA'PE AND SCHELULED PAYMENT CHANGES
<br /> The Note provides for an initisl interest rate of............�:.59996.The Note provides far changes
<br /> in the interest rate and the payments, as follows:
<br /> 3. PAYMENTS
<br /> (A)Scheduled Payments
<br /> All references in the Security Instrument to "monthly payments" are changed to "scheduled
<br /> paynxnts."
<br /> I will pay principal and interest by making payments when scheduled; (mark one):
<br /> ❑I will mttke rny schedulal payrnents on the first day of each month beginning on ...............
<br /> .........................................,...,....................,......,
<br /> �I will make rny scheduled payments as follows: 16, 1999
<br /> o� tYie 18th day of each month beginnirr� on Jarn�Y
<br /> OIn addition to the payments described above, I will pay s "balloon payment" of
<br /> ...................,.. on .................. ..........,. .The Note Holder will deliver or
<br /> $ ............. ..
<br /> mail to rne notice prior to maturity that the balloon payment is due.This notice will state the
<br /> balloon p�yrnent amount and the date that it is due.
<br /> (g) Maturit�DAte And Place of Payments
<br /> I will �nako these payments as scheduled until I have paid all of the principal and interest and
<br /> any othtr charges described in the Note.
<br /> My scheduled payments will be applied to interest before principal.If,on,A��'R�x..���••2Q��•.
<br /> I still owe amounts under the Note, I will pay those amounts in full on that date,which is c;alled
<br /> the "maturity date."
<br /> I will makemy scheduled payments at P.,R,..&�.5��8....G�A�?..�SI�:A�,..N�...68�0�.....,...
<br /> .................,,,,,,,,,,,,,,,,,,,,...,.,...,........ or at a different place if required by the Note Holder.
<br /> MULTISTATE ADJUSTABLE RATE RIpER �p,pe �o�31 .
<br /> B�Nce�Sy�Hmt,Inc.,S�•Clr.d.MN form MLR 91�8/9E
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