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I ADJUSTABLE RATE RIDER Sg,_ 102675 11 Year Treasury Index ---Rue Caps) t (� THIS ADJUSTABLE RATE RIDER is made this day of ........Tr w ............................. 19 R9..... and is incorporated into and shall be deemed to amend and supplement the Mortgage. Deed of Trust or Security Deed (the "Security Instrument ") of the same date given by the undersigned (the "Borrower ") to secure Borrower's Adjustable Rate Note (the "Note ") to ..... XoYw,5 t...13�11? .. P�?Kaslcar. ;�j�F #olt l AG.�c►�_i _inn ........... I .............................. ......... .................................................... ....... I........ (the "Lender ") of the same date and covering the property described in the Security Instrument and located at: 1<... Min....QrAia ? 7 s.� �nc3.s...��.fir.asl:rt,. 6Af��? 3 .................................................... ............................... ItTwpetty AdAff-.0 THE NOTE iaKi1m ms mvUSI.( s lAuowiwa IFem eNibtf an lowme Im1Tfrmait RAAX E AND TNC. A(t40 MItIM10Y A/AK�fiI1�N1 ., i11.tj� t. om lU�llms TwE lgNl(itinr *E f6(�S,OiiiiGGEA, fNTEREST RIAirE C", I Q AiNPM_ AT ANY ONE. TIME AND THE MAXIMUM RATE THE BOR- ROWER MUST PAY. ADDITION 41. CoVF`A`T%. In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree as follows A. INTEREST RATE AND NONTilLY PAYMENT CHANGE.% The Note provides for an initial interest rate cif The Note provides for changes in the interest rate and the monthly payments, a% follows d. INTEREST RATE AND NIOV11'111IN PA%MENT CHANG S ( A t Change Date% The interest rate I Will pay may change an the first day of .ltutc: , 19..901.. , and on that day every 121h month thereafter Each date on which m) interest rate could change is called a "Change Date." ( B) The Index Beginning with the first Change Date, my interest rate will be based on an Index. The "Index" is the weekly average yield on United States Treasury securities adjusted to a constant maturity of 1 year, as made available by the Federal Reserve Board The most recent Index figure available as of the date 45 days before each Change Date is called the "Curreni Index."** If the Index is no longer av,*dablc, the 'dote Holder will choose a new index which is based upon comparable information. The Note Holder wilt• give me notice of this choice. (C I Cakubtion of r'hanges Before each Change Date, the 'Vote Hoiden Trill calculate my new interest rate by adding .....T.wa..and._one...... nix..,. :...........:.. percentage points (... 4s T......`f) to the Current Index. The Vote Holder will then round the result of this addition to the nearest one-eighth of one percentage point (0.125 ). Subject to the limits stated in Section 4(D) below, this rounded amount !will be my new interest rate until the next Change Date. The Note Holder will then determine the amount of the monthly payment that could be sufficient to repay the unpaid principal that I am cxrected to owe at the Change Date in full on the maturiry date at my new interest rate in substantially equal payments The result of this calculation will be the new amount of my monthly payment. (D) Limits on Interest Rate Changes The interest raze Q am required to pay at the-first Change Date will not be greater than ..l.Q...7.5........ i, or less than b...7.5....... ..: Thereafter. my interest rate will never be increased or decreased on any single Change Date by more than two percentage points (2 017,, 1 from the rate of interest t have been paying for the preceding twelve months. My interest rate will never be greater than ...11.25......'T. 1 E) Effective Date of Changes My new interest rate will become effecti%c on each Change Date. 1 will pay the amount of my new monthly payment beginning on the first monthly payment date after the Change Date until too amount of my monthly payment changes again. i F 1 Notice of Changes The Note Holder will deliver or mad to me a notice of any changes in my interest rate and the amount of my monthly payment before the effective date of any change. The notice will include information required bylaw to be given me and also the title and telephone number of a person who will answer an) question i i-my have regarding the notive B. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Uniform Covenant 177 of the Security Instrument is amended to read as follows- Transfer of the Property or* Beneficial Interest in Borrower. If all or any part of the Property or any interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is-not a natur -il person) without Lender's prior written conserst, Lender may, at its option, require immediate payment in full of all sums secured by this Security Instrument Now rues; 2aasoprcon shall not be exercised by Lender iEesercise is p+rot.,tbited by federal law as of the date of this S,ccunty Instratnent:. Lender also shall not exerccse tlss Option tf. i a,y Borrower causes to be tubmittGefi ro Lender information required by 1_ender to evaluate the intended erarsferee as if a neiv.oa n were being made t- the te4nsferee. and (b) Lcridei reasonably determines that Lender "s securAj wall not be impaired by the loan assurnptcnn and that the risk of a b -each of any covenant or agreement in this Security Instrument is acceptable to I ender ••Ihe Intl:. t1yurt•.n,nl.lhlc...• ,•1 1 1 Hate the 111111.111nlrrr,1 i.oc 11.1.:b. ivy rn r,41 for ilit, loon ti .1, 1),I {y I , MIAs 5Tt1I AD:u,!AF.'.iF V V t u1 it, 1.057 ra•*Mae 5•0410 Me• . . .•cs.� ^Ono 6 ,.,m tt!i 1 `I'.