<br />
<br />83_003683
<br />
<br />Loan No. ._..5:331.6:::L-:lJL.-
<br />
<br />AD.JUSTABLE RATE LOAN RIDER
<br />
<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.
<br />
<br />This Rider is made this .......g!:b........ day of ........;r.~L...h......'_.......___.., 19..$J.., and is incarparated
<br />into and . e deemed to, amend and supplement the Mertgage, Deed ef Trust, er Deed to Secure Debt
<br />(the "Se. Instrument") ef the same date given by the undersigned (the "Berrewer") to secure Bar-
<br />
<br />ro' .. ..... .... _....._. .__ ._.._.. ...____..... w.. no. ..._.............., ,____ ............. ''''''h'''''''''''''''' ....... ......'..,.. ............ ..---..---'"''
<br />Xi:;:~~..., ~J._.~!'!Y.iJ~gR...~.n4__.h9,?n..A~,~Q!;i~J;1.Q!L9,f...!~j,.n.;:.9. An,....~.J!J}itg~.J?1=.?_t;g.;;,._;;QX.P.o.h;;.t.iQn...
<br />(the "Lender") ef the same date (the "N ete") and cavering the preperty described in the Security Instrn-
<br />ment and lacated. at ..S:;fl~L~~}!Ill!~L..(:,~;:~J.~_.._.........._......, ._..,..____.,3~;.1.=.;l,nfLJ.~ :L.~.IJ&t..._.:N.~.p.1:i+,~.ka.. ~.8.6.QL........
<br />Preperty Address
<br />
<br />MODIFICATIONS. In additian to, the cevenants and agreements made in the Security Instrument, Bar-
<br />rawer and Lender further cevenant and agree as fallaws:
<br />
<br />
<br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES
<br />
<br />The Netehas an "Initial Interest Rate" af........ll..Z5.Q... %
<br />Interest rate changes may eccuren the 1st day ef ...............................llec.eJll.uer..., .19...8.4.. and. an the
<br />1st day af ......................_........Ma:l:cb...,......, 19..85.,. and cn the 1st day af ...,...,...........,......lune.._........... 19..2.5..
<br />and cn the 1st day af .................w............S.e.pt,embex., 19..8.5.. and on these dates af thase manths in every
<br />year thereafter. Each date an which the rate of interest may change will be called a"Rate Change Date".
<br />
<br />Changes in principal and interest pavments to, adjust amcrtizatian af the loan to carrespend with
<br />interest rate changes shall be made on the 1st day of...............:................;Se;P.t.ember_;.., 19.85... and on that
<br />date every ....::::::::::::::::::::-..... year{s) thereafter. Each date on whIch the prmcIpal and mterest payment may
<br />change will be called a "Payment Change Date".
<br />
<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 ef Previously Occupied Hemes, National Average far all
<br />Major Types of Lenders" published by the Federal Heme Loan Bank Beard.
<br />(2). ~ .Mi\~~.!;R.1;>.l~ ..R~J::.~,.N.Q.t~..::...~9.n.tJ:l.ly',.3j".y.~ r.~&.~,.Y.i.e.l.Q. .QJ.J.JJ.,.S.t...Tl:~A$.\U:~, .... ..,...... ...... .......
<br />Sa eu ri!;j,~.~...$!!j.\l~tg9..J:.Q..!L.~.9.~.g.?.n.t...matuxi.t.y...Q.t..1.,y.eaI...p.uh~is.hed...h}!...l:b.e...Eed.e.t:a1....R.ese.r.v.e..B.o.a rd .
<br />
<br />Check bex(es) to, indicate limits.
<br />
<br />(1) 0 If this bex 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 Nate, will be the new interest rate,
<br />
<br />(2) 0 IHhis bcxis checked, the interl'..st rate that I pay shall net increase more than ....................
<br />percentage points an any Rate Change Date.
<br />(3) [J If this box is checked, the interest rate that I pay shall not decrease more than ....................
<br />. percentl:tge. points cnany Rate Change Date.
<br />(4)1XJ1 If this box is checked, the interest rate that I pay. shall never be more than. .,U..O.D.U,... %
<br />duxingth6i.~riodlhave my lean.
<br />(5)lIDIfthisbox is checked, the interest rate that I pay shall never be less than ...lO_'O.UO.... %
<br />during the period I have my loan.
<br />(6)DlfthiS bex is chE:.'Cked, the principal and interest payment that I pay shall not increase mare
<br />~h!U1_"''''h,h'''''''' percent an any Payment Change Date.
<br /><..(7).E.J Ilthisbox. isc~ked; th6iprincipal. and.interestpaymetItt1:\atI pay shallll(~t decrease.more
<br />tijAA ............._,...... . Percent an any Payment.ChB.nge Date.
<br />Tl1~tll()nt~y t!Ull,euntswilllililo cbange onPaymentChliI!ge:nategas prcvided.. in the. Note.
<br />. InliYoc.CUI,' 18!'S 9ften than ~t~r6!>trate. changeS andlermay.besubj~ to certain
<br />".. J:1eNeU;J;.~ern?ntl1lypayinElIl.tsJ1'1ay be in,sttfficil;!nt atthnestopayaecl'uing
<br />,unpa:idiriterestis added to, th~ principal.. balance of the. Nete and .itl;;elfwiU aC<.>'l'Ue
<br />
<br />
<br />L.....I
<br />
<br />L
<br />
<br />~
<br />
<br />
<br />L
<br />
|