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a <br />87-104699 <br />Loan No......TA 44,- 1_- 18..._. <br />ADJUWABLE RATE LOAN RIDER <br />NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS <br />A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE. IN- <br />CREASES IN THE INTEREST RATE WILL RESULT IN HIGHER PAYMENTS. <br />DZCRZAM IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS. <br />This Rider in made this ....7 th ............. day of ..... AuBuat ............................ 19... & 1, and is incorporated <br />into and be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt <br />(the "Security Instrument!') of the same date given by the undersigned (the "Borrower ") to secure Bor- <br />rowees'Note to ............ ............................... . ............................................................................................... ................ <br />First FAxleral.- Savings, ... A ¢ d- Loan.A waciA tim- oS..Llaq.9111.,..104ted ... States oorporatian...:. <br />(the "Lander") of the same date (the "Note ") and covering the property described in the Securi Instru- <br />ment and located at .. 608 .Hprth Gra�e ............................... °-- ..... Qnn- 4.. .......... <br />Property Address <br />MODIFICATIONS. In addition to the covenants and agreements made in the Security Instrument, Bor- <br />rower and Lender further covenant and agree as follows: <br />1. INTEREST RATE AND MONTHLY PAYMENT CHANGE DATES <br />The Note has an "Initial Interest Rate" of .......7.950....% <br />Interest rate ehangea may occur on the lsg day of ...................................... Oetober....ril..I .9�.... and on the <br />let day of ........................ January and on Ist day of ...........AP. . <br />......................... 1982.... <br />y .. ..ly ....... I9 --- ..... and on those dates of those months in every <br />and on the let day of ......................................... <br />year thereafter. Each date on which the rate of interest may change will be called a "Rate Charge Date ". <br />Changes in principal and interest payments to adjust amortization of the loan to correspond with <br />interest rate changes shall be made on the 1st day of ......... ............. O'&obgr................... 198P... and on that <br />date every ........................ year(s) thereafter. Each date on which the principal and interest payment may <br />change will be called a "Payment Change Date ". <br />2. INTEREST RATE CHANGES <br />(A) The Index <br />Beginning with the first rate change date, my interest rate will be based on an index. The "Index" <br />is the: (cheek one box to indicate Index) Purchase of es Rate, Previously ,National Average for <br />all Me* Ty L s" published by the Federaal Home Ln Bank Occupied <br />(2),ir1 ffontA y.. average..] Cilia gm.5i4it..immurY....4.gri lo....... ...:... : ....................... <br />adjusted to a constant saaturity of 1 year published by the Federal Reserve Board. <br />FWN 00 . <br />� a "! <br />