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<br />Loan No. ...,...?,;!,~ZZ::-.l::J,~.....
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<br />~..'.:.-........................;....................
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<br />ADJUSTABLE RATE LOAN RIDER8' , .,
<br />3-(J0179i.
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<br />NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS
<br />A PROVIS10N.ALLOWINGFORCHANGES IN THE INTEREST RATE.. IN-
<br />CREASES INTI:IEINTERJ!:ST'RATE WILL RESULT IN HIGHER PAYMENTS!
<br />DECREASES IN. THE. IN'f'ERE8T'RkTE WILL.RESULT' IN. LOWER PAYMENTS.
<br />
<br />This Rider is made this ,......~~,0......., day of ..,..,....~~.~....,.....,...,......" 19,,8.~.., and is incorporated
<br />into and shaIlbedeemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt
<br />(theU~ty Instrument") of the same date given by the undersigned (the "Borrower")tosecUreB~r"
<br />
<br />rower's.' ]\IJ'ote to ..".,',.,..,..,...,......,..,.........'..,...,.,',....,.".,.,...,"..........".,...,.......,...,..,....".........."...,.~.."...'.'...',...,....,..,...,.
<br />,.F.iJ;:Il.t...F.ed~x.al..S.axj,llllc~..,am!..t.9.;uLA..$.I>Q!;,:kl\J;,t.Q.!L.Q,L.!A,~~.QJ,g,>.,.~..!lP.J,J;~4..,$J!!~.~.?d:;!?X.P,Qf!!-f.~'9,!!7
<br />(the "Limder") of the same date (the "Note") and covering the property describedintheS~fclnStru"
<br />ment and. located at ..J:j;,f1"l!.Q.tJ;n..Wl\J,J;!'l.",..............." ..,...,..,...".",..c;.~~p.4..,1!!1~.1!4...,.l'J,~,!!f~,~.~..p.~...2;J,.,,'......
<br />Property Address
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<br />MODIFICATIONS. In addition to the covenants and agreements made in the Security InStrument, Bilr-
<br />rower and Lender further covenant and agree as follows:
<br />
<br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES
<br />The Note has an "Initial Interest Rate" oL.....Lt.,.f,.?,Q...%
<br />Interest rate changes may occur on the 1st day of .,.......,...,...'......m...'J!~,<;,'E.@J?!H:.., 19...?~, and .on..the
<br />1st day of ...........,....................Max,c;,n...,....., 19..aJ.. and on the 1st day of ,..................,......;!).!..!!'!'............, 19...??:
<br />and on the 1st day of ........'mmmm..'....m,S~.p,tem.b,e.t:, 19...lt:!. 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''.
<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 ........,.......,.........,......ll,~.P.r&,1I!,1;>.'E.L., 19..?,?.. andonthllt
<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 />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) DlI ,Adj.u.s.ta.b~e...Ra.t.e..NQ,t,e...::,J1Q.u!;b.1.y..,ily,e,t:ag~,.y.1~l>l".Q!!..!J."S.,...J,r.~il!>),I,r.Y...,...."..".."..,......
<br />Secu:dtie~,adjJJ.S.ted...t.Q..iLC.QlIll,t,<\nL.!Q.n..I;.\\r.!.t;y,.,Qt.J,.Y,~l\LJ?\\!!H,Ii.h'E.\'!...l>y.,'J;).}..~".,f.~!!~,~.?,J"J~.~.!!.~fY~",fl.9.ard.
<br />Check box(es) to indicateJimits.
<br />(1) 0 If this box is checked, there will be no maximum limit on changes in the.interestrateup or
<br />down. The Preliminary Rate referred to in the Note, will be the new interest rate.
<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) []If this box is checked, the interest rate that I pay shall not. decrease morethl1n...............,....
<br />percentage points. on any. Rate. Chllng~ Date,
<br />(4.) Gll If this box is checked, the interest rate that I pay shall never be more than'..)"4,f.QQ.Q,,,_%
<br />during the pepQd I have my loan.
<br />(5) GaIf this box is checked, the interest rate that I pay shall never be less than ....J.Q,.9.9.Q... %
<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..."..........,..., per<:ent on any Payment Change Date,
<br />(7) o If this box is checked, the principal and interest payment that I pay shall not. decrease more
<br />thap. ...',..,..,........, percent on any Payment Change Date.
<br />b__ Themon~y Wyment amounts. will alsO. change On Payment Change Dates as providEid in the Note. J
<br />~~P1lymlll;l1i.chalw~may ~lessoften than int.erestrate changes and/or may. be subject to certain
<br />!furlJ;atiOP8~)!ld 1D. thee Note,. the monthly payments !fillY be insutlicient at times to pay accruing
<br />!nt;eJ:est. Insucbcase. unpaid interest is added to the principal bli1ance of. the Note and itself will accrue
<br />mterest the~.
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