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s�-- 002132
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<br />PROTECTED ADJUSTABLE LOAN RIDER TO THE MORTGAGE/DEED OF TRUST /DEED TO SECURE DEBT
<br />(AML)
<br />NOTICE: THIS SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS A PROVISION
<br />ALLOWING FOR CHANGES IN THE INTEREST RATE. INCREASES IN THE T
<br />RESULT IN HIGHER PAYMENTS. DECREASES IN THE INTEREST RATE MAY INTEREST RATE MAY
<br />PAYMENTS. Y RESULT IN LOWER
<br />The Note has an initial interest rate of,___ Lh 14. The interest rate may be
<br />increased or decreased
<br />e, _"C
<br />in 6th Month o TC hdnqe Date," as described
<br />in the Note. Changes in the interest rate are governed by changes in the
<br />Index as defined in the Note. The "Index" is the average of the twenty-six
<br />(26) consecutive weekly auction average rates on Treasury Bills with constant
<br />Federal maturity of six (6) months, as Published by the F u
<br />l Reserve Board. The
<br />maximum change in the interest rate at any one time is one -half of one per-
<br />centage point. The maximum interest rate variation over the life of the
<br />loan 15 four (4) percentage Points over or under tne initial interest rate.
<br />The monthly payment kimOU"t IndLY ,')e d(.1j"Sted every 6th iTionth to take Effect Of)
<br />the month following each Change Date Ac, lescrmlbe-d in the Note. The new
<br />monthly payment amount Is )dSed on the interest rate in effect On the Change
<br />Date and wi I I remain in effect anti I the !,,x)ntn"tijj lowing the next SuCcePd1,r1q
<br />Change late.
<br />3. LOAN CHARGES
<br />If a law' Wh"Cri dPl)l 1CS t") thlR lodf)
<br />I me
<br />--0 Trl,111' the interest, Jr ot, r 10dn Cndrges cjIlected Qr
<br />f indl ly Interpretea wh�cn Sets AdMMumi loan cndrijes., is
<br />t A) b e C u I I e C n q,� �', t I i,; I 1 04 to t ri 1 0 X C e (1�1' t I e pte rin . t t j-
<br />tnen: (1) tole Fjter(�St rdte or d0y suCh 10dn C'Idrge M, t S,
<br />SAdi I be reducea 1)y the
<br />dMunE necessary to reouce trio ('11 1
<br />Sums alreday ajj tj t�) t ' ted I drio 'ifly
<br />_�tf_ rr, ),,
<br />� � I e o r r,)we r i7mlt5 will �)e,
<br />retunijeo tj tne The Note Huiijer ;,njy c",
<br />r(adUC,,nq the prin—pd], ot trip t,) ref and by
<br />)F� by d dl; rest pdynient. t.o the
<br />Borr�mer. 'it i retund reducers )riric,,paj , ,,ne reaULtluf) wi i I `)e treated dS j
<br />Partial prep,j.�!,jerjt.
<br />C. CONVERSION FLA T',,Jk F
<br />Borrower ;ady, cit, Horrower", ,apt on anid
<br />rre i) rov,je
<br />( 3orr,)wer PldS been
<br />Changrt on the h),j,1 each tw,)nto �f ) tvelv? tlunths prior to the jpp
<br />jCdh1e a)t j,
<br />tne indebtedness Secijr�4(.j to I h
<br />Ctldnue jdt t-. At
<br />i;orr owfa r ;tE,j
<br />J,)t 'it) io rate ioar 'lly
<br />"V NOtV IfIZJ d f 7 xetl rVp .11 l rep'l 'A
<br />'qua
<br />Molithly Pdy(?ents ')t pr,,ficipaj jna over Lnt)
<br />the ljon on
<br />J
<br />Not 0 H
<br />'I .)F
<br />�,
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<br />v er i p r i
<br />)i 1r t 1 V 1 4 1 71
<br />iior r"iWe r V
<br />por t y
<br />3 S I n t, u
<br />, I t I �e f ?i 9A0 tiN
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