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<br />Loan No. ,...,,).2.f>aa~,l.~.18.....
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<br />ADJUSTABLE RATE LOAN RIDER
<br />83....J} 0 1901
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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 .....,.JJL,...,.... day of ........__.MriJ"..n.....,....m..,.., 19,(:\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-
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<br />rower's Note to '...'n.......'m.......nn...m."..'.....,....'....m...nnm....'__.'...'........m....nm,...nnnmn.....nn......m,n.,...m"m..."
<br />'l:'~.,.~Lf.,~,d.~E~J,,~~y,~.~g~,.,~,~d.,.~.Cl,~~,,~,~,~,?~,~,~,~'.l:.?~n?~..'\:.l:.~!:.Cl,.l:.~.!,,~,.,lJ!'!:,~.~d....~,~,~!:~!~...~?~f!!?E~!:?:,'?~n'
<br />(the "Lender") of the same date (the "Note") and covering the J>ropertt described in the Securi~ Instru-
<br />ment and located at ,,~~!?,?,..~E~.~!:~~.Cl.~,.,l?E,~,Y.~,""...n ,.".,..".,."..",~E.~,~d.,.,"~,.l:.~!'.~,!..,!'!~,~E~~~""~,."g'~n.'.'..
<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 ANi() MONTHLY PAYMENT CHANGES
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<br />The Note has an "Initial Interest Rate" oL,__..!.!.:,?~!?... %
<br />Interest rate changes may occur on the 1st day of .....,.....,...,............nnI?~~~!!':~~En" 19n~~n and on the
<br />1st day of ....,.......n..........n..m!:l,?E~~...n'.'..' 19.~,?.., and on the 1st day of ....,____,..'..,.....mn}.~!'~.'..h....." 19n~'?n
<br />and on the 1st day of ,.,..___,......,.........'...m~''!'.p.'~,~,'!!~~E" 19..~'?n 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 gorrespond with
<br />interest rate changes shall be made on the 1st day of n.....m......m..............$,~p..~,~,'!!!?~E...., 19m~... 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,
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<br />Secur .l:..t.~!c~:~?~,::~~~~r~V::~:~~~~:~~~1:::.~~~~~r~::.~f::i::;;;f~;~~:t:~;~:::~i:::~:~~~~;:~~~~~:::~~~~:~:~~::~:o:ard.
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<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 .............mnn
<br />percentage points on any Rate Change Date.
<br />(4) Q9 If this box is checked, the interest rate that I pay shall never be more than ....l:.~:,!?.9,Q...,%
<br />during the period I have my loan.
<br />(5) Q9 If this box is checked, the interest rate that I pay shall never be less than ..JQ"g,QQ....%
<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 ..............'.n.. 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'........'.n 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 />mterest. In such case, unpaid interest is added to the principal balance of the Note and itself will accrue
<br />interest thereafter.
<br />Form 843
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