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<br />834J0183{;
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<br />Loan No. ...,..??~.~,~,::!::1?....
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<br />ADJUSTABLE 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 .....,..15,........... day of ..........Apr;il,.................,..." 19.83..., "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") tosecureBor-
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<br />rower's Note to '...,....,....,...,..,'.'....".......,..."."..,.......,........',.......,...,..,...,....,...,............."....,.,.'...,.........,'.....,.,.........,...,
<br />,U.r::,,..1;...F.~g,~,r.~;I,.,~-'!Y1gg,~...im4,.,1.gi!])..Ag;!1Q,~,i{3J;.tgJ]..,g,Lr.,J,\1"g1Q.,....~..!J,~H~4,..?J;i!,1;.Ei',!!..fQX.P.QgJ.ig!L
<br />(the "Lender") of the same date (the "Note") and covering the property described in the Securitylnstfu-
<br />ment and loCated at ..,9,Q~,.R~,~J;...4,1;.h.,..",...,.".......,...".....,....,........,.Gfim4..,r&1.:j.,q~..,JJ.'E.J?);'i!.,..l@."g,?,?Q1,....,....
<br />Property Address
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<br />MODIFICATIONS. In addition to the covenants and agreements made in the Security Instnunent, Bor-
<br />rower and Lender further covenant and agree as follows:
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<br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES
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<br />The Note has an "Initial Interest Rate" of...,....J.J..,25.Q... %
<br />Interest rate changes may occur on the 1st day of ...........................,....D~.c;.e.lIlbJli...., 19...a4.. and "on the
<br />1st day of .......,........................Max.<;,h........., 19..a;!.. and on the 1st day of ,.................,.......JlJ.Il.e..,....,..." 19...a5.
<br />and on the 1st day of ...................,............S~lI.~e.m..Q,e.r., 19...a5.. 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 ........,........,.......,...,...S.e.p.tew..b.e.t..., 19,.8.5... and on that
<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".
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<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) D!I ,Adj~a~abl,e..,Ra.t;.e...NQJ;,e.,.::..M9J.\t.h,\..Y.._l!)[~x.af;e....Y.:j"e.}'1l..,o.ll..U...S.".,I..,e.aJi~,..Y.... ",.".."...,..".,..,
<br />Secur,U,;!.!lR..!!4j~,,.,!;.'E.!i,..1;g...i!..,c,;.Q.ll!1J;!mt:..,.~.1;,1J.r.j,J;y".gt:..1..y!?~F...Q."'.p.HRJ1~~.J?.Y..,!;!1~L.Ji'.~\1l~."!!l,.Re.,",<;!,f)[lt,l\.ga 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.
<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 .............'o.-on
<br />percentage points on any Rate Change Date.
<br />(4) IX! If this box is checked, the interest rate that I pay shall never be more than ...l!t,t.QQQ.... %
<br />during the period I have my loan,
<br />(5) IX! If this box is checked, the interest rate that I pay shall never be less than ,..l,Q."QQ!L,%
<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 .................... percent on any Payment Change Date.
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<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.
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<br />Fonn 84S
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