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SEP. 4.2001 11 :31AM WELLSFARGO MTG RESOU <br />N0.998 P.63i73 <br />200109280 <br />ADJUSTABLE RATE RIDER 4297753MEX <br />TWO YEAR / SIX MONTH ARM <br />( LIBOR Index . Rate Gaps) <br />THIS ADJUSTABLE RA'P'E RM ER is made this ............... . and is <br />incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Deed <br />to Secure Debt (the "Security Instrument") of the same date given by the undersigned (the "Borrower`) <br />tosecute Bormwer's Note to ........................................................................... ............................... <br />WELLS FARGO HOME MORTGAGE, INC ; <br />� � <br />... � ................... <br />of the same date . and covering the property deseribad in the Security. Instrument and located at: <br />GROD.r~SI;ANbs ..... ..................... <br />iP►oparty aiuna9j.. .... <br />THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE <br />INTEREST RATE AND THE MONTHLY PAYMENT. THE NOTE LIMI'T'S <br />THE AMOUNT THE BORROWER'S I NMtEST RATE CAN CHANGE AT ANY <br />ONE TIME AND TIM MAXIMUM RATE THE BORROWER MUST PAY. <br />ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the Security <br />Instrument, Borrower and Under further covenant and agree as follows: <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />The Note provides for an initial interest rate of .... AA R......... %. The Note provides for changes in <br />the interest rate and the monthly payments, as follows: <br />4. INTEREST RATE AND MONTHLY PAYMENT CHANGE'S <br />(A) Change Dates <br />The interest rate I will pay may change on the first day of ocTOeER1 ?003........ , and on that day <br />every sixth month thereafter. Each elate on which my interest rate could change is called a "Change <br />Date." <br />(B) The Index <br />Beginning with the first Change Date, my interest rate will be based on an Index. The "Index" is <br />the average of interbank offered rates for six -month U.S. dollar - denominated deposits is the <br />London market ("LIBOR'), as published in The Wall Street .IotQnal The most recent Index figure <br />available as of the first business day of the month immediately preceding the month in which the <br />Change Date occurs is called the "Current lndex." <br />MULTISTATE ADJUSTABLE RATE RIDER - LIUM INDEX - Singh Famlly Form 3132 1/01 EC106L Ray. 11/15/00 <br />Fred&& Mae UolfcM Inskumsnl <br />