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<br />. .; 88- 10221,1 ,"
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<br />AdjUlUlleDtNotlce will set fOM (I) the date the Adjustment Notice is given, ~ii) the Change Dlte, (III) the new Existing
<br />innt 'bt. u acljultlif on the Chanae Date, (iv) the amount of the adjusted monthly Installment payments, calculated
<br />U' provided above, (yjdle CurRIn Index, (vi) the method of calculating the adjustment to the monthly installment
<br />lIAyD1eDlI,aad (vii) IDY'" information ~hicb~Y buequired'by law from time to time. '
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<br />(b) '. Monaaaor'QreIOPa.Y~ ad)U.ted mOJithly tnstAumellt amount beginning on 'the nntpayment date wbich, ocCun
<br />..ai leat thlrty(30) da,.'aRerMOr1iaaeehU81ventheAdjUs~ent Notice to Mortpgor. Monplor will continue lO, pay
<br />the adjuSted monthly bUiallmellt,ailiOUDt ietfo~1n t~elutAdjllltment Noti~,s1Ye~bY Monll~ee 'to Monlllor until ,
<br />the f\nt payment . date ,which ocl::iinat leu(~(3O) days after 'MonpaeelWslveila' further Adjustment Notlce to
<br />Morqqor' 'NotwltbltlDliina" ,IDJth\JII' ,U),.' ~..' COIlU'lry ,. contained Inth!1 Adjlll~ble~teRlder "or the ,M,onaqe, .
<br />MOnPIew wmbereUMdof'uyobupI10DtOP.Y~aDd Monlalee WIll have forfeltedlurighttOcoUei:t;'IDY incraie In
<br />the mont:blylnlta1liDeDt imoIIDt(c:auaedby the reca1cu1atlonohuch amount \lnclei' SUbPmaraph4(a)) for any paymllllt
<br />date ~,Ieu~~~ (30), daYl~t.f~,bu s1veD the,appllca~I~'~jUl~,~.otice ~,titonP,lOf'
<br />. ,.;,_" :'. '_":' :.,1.,'"., :'" ".:,. ,,:<.';<' ',: ",\.'~ : ":'.. ,_-", ' _,' "_ ;. ..:-.., ,_ .,:, ;:,,_;'~:'>'__"~ ,. _ " ,,:,-.' _ .' -~_..,,' - .' ;'.-1. _, .. ,:' _~. _',;"_ ',' ..., "I~. ~- . . ~"';',' ,'~_-~ -..-"-- .' ",' ..
<br />(c),J~ot.ri~.itaytbin. COtltalMdiD,tbiI~\lltable. ~ ~ ; in, the'ev:enHhat{l) the;EmtlDl IDtenlIt Ilate
<br />',wu.reduc!ed, Dna c:baqe Date,,1ftd (U), MC!I1IQe8 failed 'lCI"JivetheAdjUlUlleilt)\ilotlc~~,hen~requlrcd,aad '(Ill)
<br />. ~OI1IIior.COIIICquelidy, ,bel lllldeuymc:mthly inItaIlJDent pa~enll,ln excess ,of the amO!lllt wblcbwould have been,
<br />setfonhiDlUch AdjUlUlieDt Notice (UExceu Payments"), then Monllaor , at Mon8l80r'IIoleoptioni'mayelther (I)
<br />deaaddleretU.m ft'QID Monpaee (who for the purpl)lllS of thluentenc;e will be deemi=dto be themonsqce. or
<br />ID~' WilD ~lUChExceaPaymenll"whether. or not any such mortgaBllesubifqullIltlyUsianedtbe
<br />MCIrtIIP) 01 an tl1' lIlY portion or suchEleeu Payments, with Intereltthereon at a rate equal ,to the IndeX: on the ChlDJC
<br />~:'!'~cin~EXisiiqIDterelt RIle Was 10 reduced, from the date each such Excess Payment Was made by Monppr to
<br />repaymeDt~,or (2) request that all or,any ponlon of luch Excess Payments, tOBether with all intereluhercon calCulated IS
<br />pioOvided above, be applied IS paymentsllplnst principal,
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<br />5.N~dlinacODtailledln this Adjustable Rate Rider will permit the Monpaee to accomplish an interest rate adjustment
<br />~u~e(ordecreue) to tilcunpaid principal balance, ChangllS to the ExiltinaIDterestRate mayomy be
<br />iefle!:t.ed tbnNah, adjuatment to MonNor's monthly Installment payments of principal and interest, u providCdfor
<br />herein. '" '
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<br />BY,Sla~OBELOW, MonlQOr accepts and agree. to the terml and covenan.ts contained in this Adjustable
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<br />-...... . ~~ . !SEAL]
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<br />Mon.... Dale A. llo11ibaugb
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<br />~'. "- ,( '., ~,c~L,~t.\>,~. -" , , ,~(SEAL]
<br />MonpaorLesl1e L.Hollibaugh
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<br />I'HA ADIUITAIUIMTI RtOlll
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