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<br />Loan No. ......~.?g1?:.!:::~&....
<br />83- 001268
<br />ADJUSTABLE RATE WAN RIDER
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<br />NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS
<br />A PROVISION ALLOWING F{)R CHAN,GES IN THE INTEREST RATE. IN-
<br />CREASES IN THE INTEREST RATE WILL RESULT IN HIGHER PAYMENTS.
<br />DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS.
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<br />This Rider is made this ,...,.!,5.....,....,..,. day of .....,..,...,.~.........,...,...., 19.J~J.. and - is incorporated
<br />into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt
<br />(the''Sect1iityIi1stnunent'') of the same date given by the undersigned (the "Borrower") to secmeBor-
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<br />J'!)Wet'B.-Note to ......,.......,'..........,..........,............m............','.'...".....'....,...",."".,.......,..,........,....,......,.......c...._..."....
<br />.r.k~,L~m!lL$.~.YJ!!&li_'ll!.L4QJ!..!l..A!i.~9.s1Ji..U,Q!LgL.{.J.~!;9.+.!!-'..~,..rl..V:.l;,~!!..~J.~!;!t~..,~QTI!..Q.r~!;!.Q.~,..
<br />(the "Lender") of the same date (the "Note") and covering the property described in the 8ecurityInstru-
<br />meat and located at .,f.l1..Y!-.l!..1!'.!!J?+.L........,...,..,.._......,.........,._G.!'.~.w.LJ.~.lJm4.....,fuL..~~~.Q..J..,..,..,...,.,........
<br />Property Address
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<br />MODIFICATIONS. In addition to the covenants and agreements made in the Security Instrument, Bor-
<br />rower and Lender further covenant and agree lIS follows:
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<br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES
<br />The Note has an "Initial Interest Rate" oL..,..H-..~!j(}.... %
<br />Intenlst mte changes may occur on the 1st day of ........,__...........ml!.~~~~~_r.:m' 19..~~.. and on the
<br />1st day of .,.,......,.......,....'....m~.!:s.!!.........,' 19,~,L and on the 1st day of '.'_..m..'.......,._.....J..~~............. 19.,~.?.
<br />and on the 1st day of _..._'......m..__._m....~.~.P.!:~!!\~f.. 19..~?.. and on those dates of those months in e~
<br />year thereafter. Each date on which the mte of interest may change will be called a "Rate Change Date' .
<br />Changes in principal and interest payments to adjust amortization of the loan to correspond with
<br />interest mte changes shall be made on the 1st day of .........,....,:...............,:;.epUlJilbe.r.;.., 19.85... and on that
<br />date eve!'l-_.=::.7.7.:-:==..... year(s) thereafter. Each date on which the pnnClpal. and mterest payment may
<br />change will be called a "Payment Cha'nge Date".
<br />Changes in the interest mte are governed by changes in an interest mte index called the "index".
<br />Check box(es) to indicate Index.
<br />(1) 0 "Contract Intenlst Rate. Purehase of Previously Occupied Homes, National Avemge for all
<br />Major Type. of Lenders" published by the Federal Home Loan Bank Board.
<br />(2) (] ,M~!!.I;~.~!~.,!Y!~.~,.~.'?,~!..=,.,l!~.!!.t;.I?:!l_~.!!r.q~J.!~,!.~..~"U,l~~.:..I.~..~~!!...~EI................,....._...
<br />Securj,tlJ!.L49.i!1.!!~.J;.!!...LSQnsl,:~...!.L..'!!!;!t~J.u...~Ll...l!H!.L.P.!l_l!.lis..~4...2:L..tt!~.J:~.~E!tL_~~~!I.Y.~..~9.ard.
<br />Check box( es) to indicate limits.
<br />(1) 0 If tbia box is checlted, them will be no mu:imum limit on changes in the interest mte up or
<br />down. The Preliminary Rate referred to in the Note, will be the new intenlst mte.
<br />(2) 0 Uthis box is checlted, the interest mte that I pay shall not increase more than ........,...........
<br />percentage points on any Rate Change Date.
<br />(3) 0 If this box is checked. the interest rate that I pay shall not decrelllle more than ....................
<br />pemlIltqe pointa OIl any Rate Change Date.
<br />(4) -1:"1 If this box iscbecbd, the inre-t late that I pay aballnever be more than ...lil.o.aa....%
<br />durina tht'period I baft my loen.
<br />(6) iJ If this box is c:hecbd, the interest late that I pay shall never be 1_ than ...lo..ooQ....%
<br />dminc the period I ba'V'e my loU1.
<br />(6) 0 If this box is checked. the principe! and intenlst payment that I pay sball not increeae more
<br />than ..................-. percent on any Payment Change Date.
<br />(7) 0 If this box ill checbd. the JKi!lcipd and interest pa,yrDeDt that I pay sball not decreue more
<br />tbaa _.._......~~ on any l'Qment ClvIace Date.
<br />D__ Tbtt___1DOIlthJy ~ _lImOl1Dta will also cheD&e on Payment Change Dates as provided in the Note.
<br />~ ~.... may. ooew lees ofteD tbaJiiD.terellt rate ebangelI and/or may be subject to cerlain
<br />li........~ dl!Iedbed fi the Note. the ~_ PIJIDtID;:a:r- ts be i1iIuftlcient at times to pay acc:ruing
<br />iIttelW.It. In Ill1Cb CllIIiej UJlpMd inteeet is added to the IX;' baJanee of the Note and itaeIf will accrue
<br />iateIeIi theIeefter.
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