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<br />Loan No. .._..,?,~~.~.?::-,~.::b,~.....
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<br />UNCOI.N
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<br />ADJUSTABLE RATE LOAN RIDER
<br />83-00185/'}
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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 ___..,..J,?~,__.., day of .....,....A..P.!':!ol.............,........, 19J~1_, 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-
<br />
<br />rower's Note to _'_..''.,''._....,'......_m,..._'.'..,_'..__'.'......'..'_.'........_,......"...,........."'..,.....'.,..,'.__............,,......._..,_....._,...___
<br />.,~,~E~!;,..~~~.ECE~~..~~.Y.~~~_~...~~~...Ic,~~.'!-...~~~!?,<:,~,~!:~,'?.'!-...'?.f._.I.~,'?:~~~?.-_!,__~..!1E:~,t:.~~_.,S_t:.~,~,':,~,.~!?EP.~E~_~,~,~~..,
<br />(the "Lender") of the same date (the "Note") and coveringthe~roperrdescribedintheSecurifcInstm-
<br />ment and located at ",?,?,Q!...!!,~,:;,t:...~,:!-.~~,,~,~,Y.~E...f!.,'??:~,,_"__,,_..,....,_"E?:~!!-...,.~},~,~~~]."~,~.?E~.!?~,,!?~...Q~..,.,,....
<br />Property Address
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<br />MODIFICATIONS. In addition to the coveruuits 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 AND MONTHLY PAYMENT CHANGES
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<br />The Note has an "Initial Interest Rate" oL,....H,...Z.:5.Q.., %
<br />Interest rate changes may occur on the 1st day of ...,.......,......,.........,...p.l:J;,"',1J!9l:.r,." 19___~.~. and on the
<br />1st day of .....,...,......................~ilxJ;.h........., 19..?,2.. and on the 1st day of ............m'.'......,.,!g,Q,e..m'......' 19...8.2.
<br />and on the 1st day of .......__...,........,..........?l:llJ.,(\m!?l:,J;'" 19.__??. 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 />
<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 .................................?l:.P.!;!:Jll.J?,"'.L" 19,~.:5m 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 />
<br />secur,~,t:,!:.:!.,~,~j~:~~:~t:~:?::~::~:?~~~~E:f=~~:~:~~~~i~~f:f:j~;~:p.::.~fl~\;~~::~x~::~~:~:~:~~~:~~r:~~:~~E!~::~~ard.
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<br />Check box(es) to indicate limits.
<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 .........h'..'.....
<br />percentage points on any Rate Change Date.
<br />(4) 00 If this box is checked, the interest rate that I pay shall never be more than h.1!b.9.QQ...,%
<br />during the period I have my loan.
<br />(5) 00 If this box is checked, the interest rate that I pay shall never be less than ...19.!,QQQ.... %
<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 .....h'........,.., 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. h..h...'....,.,.,. pereent on any Payment Change Date.
<br />The monthly tlRyment amounts will a]B() 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 accme
<br />interest thereafter.
<br />Form 843
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