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<br />83--003662
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<br />Loan No. .m..?}Z2,~.:J.::JAL,.
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<br />IJIIll1ICOI..N
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<br />NO'I'ICE: THE SECURITY INSTRlJMENT SECURES A NOTE WHICHCONT ArNS
<br />A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE. IN-
<br />CREASES IN THE.INTEREST RATE WILLHESULT IN HIGHER PAYMENTS;
<br />DECREASES IN THE.INTEREST RA'fE WILL.RESULT IN'LOWER PAYMENTS.
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<br />ADJUSTABLE RATE LOAN RIDER
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<br />This Rider is made this .J.~.~......'..m day of .......q~~y....m'..........m......." 19~.~m., and is incorporated
<br />into andshall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Set.'Ure Debt
<br />(the "Security Inst.rument") of the same date given by the undersigned (the "Borrower") to secure Bor-
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<br />rower's Notel to ........'...... ""m"" ......... ...... .... .m..m.... .......... ...........,.. .........' ,... ..... 'm....... "00 ..... m ..._. m...........' moo..,......
<br />.!':.~,~.~.!:..~.~.?:'~!~.~...~.~:':'.~.?:~ ~...~.?:?..~.<?,?:~.. !':.f?IE}.?~.~.~.~iQJ!,. g.t., bi g,c;.g.~g"",a....RnJ. ~.~ g...$.~.?:!~.!?, ,.9. 9;t;R9,r.~.t;.:i..9.n...
<br />(the "Lende:r") of the same date (the "Note") and covering the property described in the Security Instru-
<br />ment and loc~ted at .}.?:?J.o{~~.t.J.?~}L .......00..... ..,...... .........,'... ......,G.t;: ?:n~..J .~J'<![I,g.,.. J~g.l?.r.?:!?J<:~...f&~.9J. ..... .....
<br />Property Address
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<br />MODIFICATIONS. In addition to the covenants and agreements made in the Security Instrument, Bor-
<br />rower and Llmder further covenant and agree as follows:
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<br />A. INTER1~ST RATE AND MONTHLY PAYMENT CHANGES
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<br />The Note, has an "Initial Interest Rate" oL.....U.!.f?9.... %
<br />Interest l'illte chlln~es may occur on the 1st day of w...,,"'.....................Q.?~~ml??J;;..., 19..84.. and on the
<br />1st day of ................................~~,;:~.h.........., 19.~,?... and on the 1st day of ' 19.J~.5..
<br />and on the 1st day of ......,..................,......$.~.P.);.~l'!l9.Jn:., 19..~.?. and on those dates of those months in every
<br />yen:r then:ta.f1;elr. Eal~h date on which the rate of interest may change will he called a "Rate Chan~e Date".
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<br />Changelii iin priincipal and interest payments to adjust amortization of the loan to correspond with
<br />int1~teJilt 1'llte changes shall be made on the 1st day of .....,.........m..............~{'.p.(;..e.lTlp.~.L... 19.85... and on that
<br />date ",vft.ry ...::::.:::-::...::;:::;:;..... year(s) thereaIt(!r. Each dat~ on which the principal and inten:'!\t payment may
<br />chllinRe will be called a "Payment Change Date".
<br />ChangClli in thl! interest rote are governed by changes in an interest mt,. index called the "Index".
<br />Cbiock box(es) to indit'ate Index.
<br />. OJ rl "'Contract Interest, Rate, Purc:hase of Previously OCt-"Upied Homes, National AVI'rage for all
<br />Major Types, (]If Lenders" published by the Fadernl Home Loan Bank Board.
<br />(2) ~~~~j,l;l.~I.~.~.bJ'?, .~<gf{:,,~(),~,~..::,. ~,o.llt~JY,. .;!.v.~. r. ~g.,~ .'1.i ~J<;i.., im,. U'!'~'"
<br />Se ':u r ~.~i~.lF...~!l'J!-;I~J ~~. ..~,~. .:'t..~.9:!"!!;,.~,<,l.n~. . ,!ll.'!.!:H}:.~.tY. ., <?t,.~.. .Y.~~.r:.. j?,\.1 "J,i.$.h~g, J?.)'...I;J.tf.:,. ..r:l':~~.t'.d..Re.l:i,l;:X.v,e..
<br /> ,l\ Q.iil rd .
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<br />Check boX(EiS]f to indicate limits.
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<br />(1) [] If this box. is checked, there will be no maximmn limit on changes in j,he interest rate up or
<br />down. The P~!limillary Hate referred to in the Note, will be the new intert'SL rate.
<br />(2) Ii this box is checked, the interest rate that I pay shall not increase more than
<br />perctmtage point..,,> on any Rate Change Date,
<br />(3) 0 If this box is checkl.'<.i,the int'llrestrate that I pay shall not decrease more than .".........""...
<br />percentage points o,n any Hate Change Date.
<br />(4) KJ If this box is checked, the interest rate that I pay shall never be more than ..1.4...Q.oO...,,%
<br />dming the PieJ:iod I have my loan,
<br />(5) ~ :If this box is checked, the interest rate that I pay shall never be less than ,,~Q..OD.Q....%
<br />dOling the Piel1iod I have my loan.
<br />(6) If this box is checked, the principal and interest payment that I pay shall not increase more
<br />than ................m. 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 ................m. plrn:ent on any Payment Change Date.
<br />Themoll1thly payment amounts will also change on Payment Change Dates as provided in. the Note.
<br />Beca.usepaymlent changes may OCCUt.less often than interest rate changes and/or may be subject to certain
<br />limi.tll.tioDSclescribedin 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 'tself will accrue
<br />interestther~Lfter.
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<br />F....... 843
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