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<br />200509812 <br /> <br />ADJUSTABLE RATE RIDER <br /> <br />0147827182 <br /> <br />2 YEAR(6 MONTH L1BOR INDEX - RATE CAPS <br />( Assumable during Life of Loan) (First Business Day of Preceding Month Lookback) <br />TIllS ADJUSTABLE RATE RIDER is made this .~~~~.~~Y..'?.t..l?.~.~nM.~.~.~,JQ.Q~............., an.d is <br />incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Deed <br />to Secure Debt (the "Security Instrument") of the same date given by the undersigned (the "Borrower") <br />to secure the borrower's Adjustable Rate Note (the "Note") to .................................................................. <br />.w:~.~.~~..~A~~.<?. ~~.~~}. .~:.'~:...................................................................................................... .(the "Lender") <br />of the same date and covering the property described in the Security Instrument and located at: <br />..... D.~..W.~~I.1RT!i.~:rf.l.~.n,. 9.R~N.P. .!~hA.~.P.,. N.~. ..~.~~9.1.. ............ ........ ................................ ............................. <br />(Property Address) <br /> <br />THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE <br />INTEREST RATE AND THE MONTHLY PAYMENT. THE NOTE LIMITS <br />THE AMOUNT THE BORROWER'S INTEREST RATE CAN CHANGE AT ANY <br />ONE TIME AND THE MAXIMUM RATE TIlE BORROWER MUST PAY. <br /> <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 /> <br />The Note provides for an initial interest rate of .....~:~.9.Q.......... %. The Note provides for changes in <br />the interest rate and the monthly payments, as follows: <br />4. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br /> <br />(A) Change Dates <br /> <br />The interest rate I will pay may change on the first day of 9.~I9.~~.~I.~.9.QL......, and may change <br />on that day every sixth month thereafter. Each date on which my interest rate could change is <br />called a "Change Date." <br />(8) The Index <br /> <br />Beginning with the first Change Date, my interest rate will be based on an Index. The "Index" is <br />the six month London Interbank Offered Rate ("LIBOR") which is the average of interbank offered <br />rates for six-month U.S. dollar-denominated deposits in the London market, as published in The <br />Wall Street Journal. The most recent Index figure available as of the first business day of the <br />month immediately preceding the month in which the Change Date occurs is called the "c...Urrent <br />Index. " <br />MULTISTATE ADJUSTABLE RATE RIDER 6-Month L1BOR Index (Assumable during Life of Loan) Form 51203(04 EC10BA Rev. 09(21/04 <br />(First Business Day Lookback) . Single Family. Freddie Mac UNIFORM INSTRUMENT <br />