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MAR.11.2002 10:30AM 110.476 P.41/67 200203008 ADJUSTABLE MONTH TWO YEAR/ SIX MONTH ARM 9970788MEX ( LIBOR Inoax • Rota caps) THIS ADJUSTABLE RATE RIDER is made this .................... . and is incorporated into and shall be deemed to amend and supplement the Mortgage, need of Trust or need to Secure Debt (the 'Security Instrument-) of the same date given by the undersigned (the *Borrower#) to secure Bormwer's Note to .... 1.11 ....................... ........................... I..., . ............................. . ....... ...................4S FARGOHOME M 0RTGAR!INC, ••••••.•••••••••••M, j...1 .._.111 I .. ........... {Thz -Lender-) of The same date and covering the Property described in the Security Instrument and located at; ............................. .... ........ IProparty Addross) ... ...... ........................ THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE RCI`ERRST RATE AND THE MONTHLY PAYMENT. TIM NOTE LIMITS THE AMOUNT THE BORROWER'S INTEREST RATE CAN CHANGE AT ANY ONE TIME AND THE MAXIMUM RATE THE BORROWER MUST PAY. ADDITIONAL COVENANTS, In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender finther covenant and agree as follows: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Note provides for an initial interest rate of.... p:g6p the interest rate and the! monthly payments, as follows: The Note provides for changes in 4. INTEREST RATE AND MONTHLY PAYMENT CHANGES (A) Change Dates The interest rate 1 Will Pay May change on the first day of APR!LL.I.Opj .............. . and on that day every sixth month thereafter. Each date on Which MY interest rate could change is Called a "Change Date." (B) Theindex Beginning with the first Change Date, my interest rate will be based on an Index. The "index" is the average of interbank offered rates for six-month U.S. dollar-denominated deposits in the London market ("LIBOR-), as Published in The W471 Street Journal. The most recent Index figure available as of the first business day of the month immediately preceding the month in which the Change Date occurs is called the 'Current Index." MULTISTATE ADAISTABLI! RATE RIPER - LIBOR INDEX. Singi. FAMIly Fmddla Mae )nlfm lnomm,nt r"OrM3182 1,01 EC 1081 Ray, 11l15N0