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ADJUSTABLE RATE RIDER (J Year TrnHrJ I_x-Rate Cape) 88- 103117 THIS ADJUSTABLE RATE RIDER is made this .....J.Q~Pday of .........:l.~~.~.....................:...... 19 !l.IL... and is incorporated into and shall be deemed to amend and supplement the Mortlale. Deed of Trust or Security Deed (the "Security Instrument") of the same date liven bttheundenilned (the "Borrower") to secure Borrower's Adjustable Rate Note (the "Note") to.......,.NR.nr!'!.~.t...I!!~.....fj.~k!.~~~A..~!~~.9.m~l..~.ftg.~!!.t!g.~...................................... .............................................................................. (the "Lender") of the aame date and coverinl the propeny described in the Security Instrument and loeated at: ,.......................,...............J;t?~,.y.~!l~...g)::1.~U::lfl!l..,..g.tftM...X.l\l.;J.!J)\I.~"...l1m...9.ft~.Q.J.......................................................... . I Properly AddrCl_! THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE INTEREST RATE AND THE MONTHLY PAYMENT. THE NOTE UMITS THE AMOUNT THE 8ORROWER'S IhtCtCltT RATE CAN CHANGE AT ANY ONE TIME AND THE MAXIMUM RATE THE B0R- ROWER MUST PAY. ~ ,j ~~t~~ ADDITIONAL COVENANtS. In addilion 10 the covenants and agreements made in the Security Instrument. Borrower and Lender fun her covenant and agree as follows: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The NOle provides for an initial interest rate of ..?....n~..... %. The NOle provides for chanles in the interest rate and the monthly payments, as follows: .. INTERfST RATE AND MONTHLY PAYME/In' CHANGES (A, Oup Dates The interest rate I will pay may change on Ihe finl day of ......JJ.I.b..l........................... 196.9...... and on Ihat day every 12th month thereafter. Each date on which my inlerest rate could change is called a "Chanle Dale." ,I) ..... I_x Be,innin, with the fint Chanle Date. my inleresl rale will be based on an Indell. The "Indell" is the weekly averale yield on United States Treasury securilies adjusted to a constant maturity of I year. as made available by Ihe Federal Reserve Board. The mosl recentlndell fisure available as of the date 45 days before each Chan,e Date is called Ihe "Current I ndell. .... If the (ndell is no lonser available. the Note Holder will choose a new indell which is based upon comparable information. The Note Holder will live me notice of this choice. (C) Calc_tlall of ClJaIlpl Before each Chanle Dale, Ihe NOle Holder will calculale my new inlercal rate by addinl ...1)i,Q..AmI...Qn.~....... ...)::1.<<U........................ percenlale points (...~...S~l......%) 10 Ihe Current (ndell, The Note Holder will then round Ihe resull of Ihis addition to the nearesl one-ciahth of one percentale poinl (0.125%). Subject to the limits staled in Section 4( D) below. this rounded amounl will be my new interat rate untillhe nellt Chanle Date. The Note Holder will Ihen delermine Ihe amount of Ihe monthly paymenl Ihat would be sufficient to repay the unpaid principal that I am ellpected 10 owe alllle Change Date in full on Ihe maturily dale at my new interest rale in subslantially equal payments. The result of Ihis calculation will be Ihe new amounl of my monthly payment. (D I U..lts oa laterest Rate Chances The interest rate I am required 10 pay at Ihe first Chanle Dale will nOI be grealer Ihan ..9..17.5..............% or less Ihan ...5...315.............%. Thereafter. my inlerest rate will never be increased or decreased on any sinlle Chanle Dale by more than twoper,entaBe points (2.0%) from the rale of interesll have been paying for Ihe preceding Iwelve months. My inter!!llrllte will never be Ircater than ...t:?,.J.7.L..%. : . (E) Ell'eetlYe Date 01 aalll" My new inlerest rate will become effective on each Change Dale. (will pay Ihe amounl of my new monthly payment beainninlon the fint monlhly payment dale afler the Change Dale untillhe amounl of my monthly payment chanles apin. , F) Notice of CIIa.... 'TIle Note Holder will deliver or mail to me a nOlic:e of any changes in my Inlerest rate and the amount of my monthly payment before lhe ell'ective date of any chanBe. The notice will include informalion required by law to be siven me and also the title and telephone number of a penon wh!l will answer any question I may have relardinB the notice. S. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTERfST IN BORROWER Uniform Covenant 17 nf Ihe Security Inmumenl is amended to read as follows: T_I. of t" Property or a 8eMllclal Interest II Borro"er. If all or any part of the Propeny or any interest in il is sold or transferred (or jf a beneficial inleresl in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior wriuen consenl. lender may. at its oplion, require immediate payment in full of all sums secured by Ihis Security Instrument. However, Ihis option shall not be ellercised by Lender if ellercise is prohibited by federal law uor Ihcdlleofthis Security (n..rumenl. Lender also shall not Cllercise this option if: (a) Borrower causes to be Jllbmitted to,~r inlormation required by Lender to evaluale the intended Iransferee as if a new loan were beinl made to thc:.'transl~:,~(b) Lendq reasonably determines Ihat Lender's security will not be impaired by lhe lOin auumplioft .:tflat the risk 01 a breach of any covenant or ...reement in this Security lnslrument is acceptable to LCftdv. ' ~: '- "The Inde.ll'n,lIfe available as of the dale Ihe Inllial inlcrCSI ralc was delermined for Ihis loan was ..~:.??.......... 0/0. ""lITA1IIlONSTAILt ~TI AlOttR-4,.. J.3-SonQIe FlIlT'oIw-'.....liIIe"rtdIIIe lilac UnlfOtm Inlm.-t .. '_31113,85 lIIO ",.UMI/U'_