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<br />~83-001364
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<br />Loan No, ....,.?;U9J,::).;:,!.'$'.m
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<br />RATE LOAN RIDER
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<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 />DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS.
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<br />This Rider is made this ...........2L,..m' day of ,....m....March.'m........'......, 19,13.3.., 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 "Security Instrument") of the same date given by the undersigned (the "Borrower") to secure Bor-
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<br />rower's Note to ...,.'....m..'..,..'m.m.......'.,.....,....'m........... ,....',... ....,...,.".,.....,..........."h'..m......'..'.....m...'.................,'
<br />,.F.irSJ:....E.ed.e.t:al"S,alliJJ&S..,alliLl.QaJl,Aali!Kl.aU.QJl..9.f..,!.j.,l\~Qln...,a,.!J,u!.l;~.4...S.t9.I;,e."..!;9,..P.QX9,l;j,Ql},,'
<br />(the "Lender") of the same date (the "Note") and covering the property described in the Security Instru-
<br />ment and located at ..llQJ..lieal;..K.o.en.ig.'mm'....'...., ,....,.,..,...,.h...G[and..llil,aud....J:ieJm~,"l\a,..Q.(l,aQJ,'m......
<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 as follows:
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<br />A. INTEREST RATE ANn MONTHLY PAYMENT CHANGES
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<br />The Note has an "Initial Interest Rate" oL,....1L.25.0... %
<br />Interest rate changes may occur on the 1st day of ......,......,..........,...,..,Dec.emba.r..., 19...&4. and on the
<br />1st day of .................,..........,...Ma.rcl>..,......, 19.i\5.. and on the 1st day of ..........'m.m.'......Ju:a.e,.........., 19,.,85,
<br />and on the 1st day of ..,......m.'...'.....m.'...,Sap.tembe.!:, 19.,i\5.. and on those dates of those months in every
<br />year thereafter. Each date on which the rate of interest may change will be called a "Rate Change Date".
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<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 ............,.,.......m'...'..,Se,ptlllll.ber..., 19,.8.5,. and on that
<br />date every ......"~~~..,,.,,"m' year(s) thereafter, Each date on which the principal and interest payment may
<br />change will be called a "Payment Change Date",
<br />Changes in the interest rate are governed by changes in an interest rate index called the "Index".
<br />Check box(es) to indicate Index.
<br />(1) 0 "Contract Interest Rate, Purchase of Previously Occupied Homes, National Average for all
<br />Major Types of Lenders" published by the Federal Home Loan Bank Board.
<br />(2) [XJ ,.Adj.\J.6.t.ah.Le, ,Ra.t.e..N.Q.t.e.,,;:, ,M.o,nl;h.Ly...aY~,(ag!;..y,ieJ.li,.Qn"lJ,.,s.,.,. ,rx,ea...\J.~'y-, ", ,.,.,... ,..,.,... .""
<br />Se c u r.Lt.ieiL.adj.u.at.ed,..t.Q"a...c,Qus.taut..,.Olll.!;.I.U:.ity.,.Qf,.J..,y.e.ar.,lI,1,lbli,sAed,..by, "I; b.e....~,edj;lx,al"R.e.s.erY.e..,a.Qa rd .
<br />Check box(es) to indicate limits.
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<br />(1) 0 If this box is checked, there will be no maximum limit on changes in the interest rate up or
<br />down, The Preliminary Rate referred to in the Note, will be the new interest rate,
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<br />(2) 0 If this box is checked, the interest rate 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 decrease more than ..............,.,...
<br />percentage points on any Rate Change Date.
<br />(4) [XJ If this box is checked, the interest rate that I pay shall never be more than ..,l4..,QQD.... %
<br />during the period I have my loan.
<br />(5) [jil If this box is checked, the interest rate that I pay shall never be less than ..,lQ~OJlO...,%
<br />during the period I have my loan.
<br />(6)0 If this box is checked, the principal and interest payment that I pay shall not increase more
<br />than ,.......,......,..., percent on any Payment Change Date,
<br />(7) 0 If this box is checked, the principal and interest payment that I pay shall not decrease more
<br />than .....'....,......... peroent on any Payment Change Date,
<br />The monthly payment amounts will also change on Payment Change Dates as provided in the Note.
<br />Because payment changes may occur less often than interest rate changes and/or may be subject to certain
<br />limitations described in the Note, the monthly payments may be insufficient at times to pay accruing
<br />interest. In such case, unpaid interest is added to the principal balance of the Note and itself will accrue
<br />interest thereafter, {) n J"
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