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200214399
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200214399
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Last modified
10/15/2011 1:01:45 PM
Creation date
10/22/2005 11:23:17 PM
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DEEDS
Inst Number
200214399
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200214399 <br />ADJUSTABLE RATE RIDER <br />THIS ADJUSTABLE RATE RIDER is made this 18th day of December, 2002 , <br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or <br />Security Deed (the "Security Instrument') of the same date given by the undersigned (the "Borrower) to <br />secure Borrower's Adjustable Rate Note (the "Note ") to Coamarcial Federal Bank <br />(the "Lender ") of the same date and covering the Property described in the Security Instrument and located <br />at: <br />11551 WHITE CLOUD RD <br />Cairo, RE 68824 <br />[Property Address] <br />THIS NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN MY <br />INTEREST RATE AND MY MONTHLY PAYMENT. INCREASES IN THE <br />INTEREST RATE WILL RESULT IN HIGHER PAYMENTS. DECREASES IN THE <br />INTEREST RATE WILL RESULT IN LOWER PAYMENTS. <br />ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the Security <br />Instrument, Borrower and Lender further covenant and agree as follows: <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />The Note provides for an initial interest rate of 7.250 %. The Note provides for <br />changes in the interest rate and the monthly payments, as follows: <br />4. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />(A) Change Dates <br />The interest rate I will pay may change on the lat day of January, 2008 , <br />and on that day every 12 th month thereafter. Each date on which my interest rate could change <br />is called a "Change Date." <br />17247175 17247175 <br />MULTISTATE ADJUSTABLE RATE RIDER -Single Family <br />0995 (0009) 0 <br />Pagel ors Initials: °n /-'t <br />VMP MORTGAGE FORMS- (800)5214291 J <br />
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