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<br />r <br /> <br />Q <br /> <br />83-003794 <br /> <br />Loan No. ..mY!!!}J.::).::JJt... <br /> <br />ADJUSTABLE RATE LOAN RIDER <br /> <br />NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS <br />A PROVISIONALLOWINQ FOR CHANGES IN THE INTEREST RATE. IN- <br />CREASES IN THE INTEREST RATE WILL RESULT IN HIGHER PAYMENTS. <br />DECREASES IN THEINTEREST RATE WILL RESULT IN LOWER PAYMENTS. <br /> <br />This Rider is made thisH...l.~,thu..u.., day of ..,.,.,J.\!J,Y""H.__...mm",u'Hu, 19,e.:L, 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 Instrwnent") of the same date given by the undersigned (the "Borrower") to sa-ure Bor. <br /> <br />rower's Nota to ......... ..u...,u.....,.".u..,...................Uuuum.. '....u'......' ,,"'..'" u ,....,u.......U'.mu..u.'UU....m.........m......,.__ <br />..F. ~E~E ..F.~~,~,~~.l, ..~,~ITI.~s...~<1<lu .~~~I1,t\:>~~..~~E.;.'?':' ..'~ f. . ':,i,>:,c.~ .1.,:,. ,...;i..l.!.\l.!'!=. ~i!., ,?!=.!!J.<:,1!, ,S:;Q.r'p,9.K!!.I;.h9.!L <br />(the "I.cmder") of the same date (the "Note") and covering the property described in the Security Instru- <br />ment and located at ... ?Q?!..,g..U!;..J.!.~lL..m... H H' u.. ..J!9.11>l. ..alYIU..,...N~.b.r.aliJwLli88J3J...u......uu <br />Property Address <br /> <br />I\fODIFICATIONS. In addition to the covenants and agr<<'tnents made in the Security Instl'UIDent, Bor- <br />rower and Lender further mvenant and agree as follows: <br /> <br />A.. Im-E.REST RATE AND MONTHI..Y PAY~fENT CHANGES <br /> <br />The Note has an "Initial Int.el"ellt Rate" oL."HU..:L5.Qm % <br />Interellt rau, changell may occur on the 1st day of ..... ....__..u. 'H.llecembe.L. 19H8..... and on the <br />1st day of . ,. 11a.c.<:.t1..."...., 19..l:iS.. and on the 1st day of . .","u."lWle...uu"u., 19..Jli, <br />and on the 1st da"v of,...c,uu..c.Sep.tell1he.l:, 19.Jij,. and on thOS(l dates of those months in every <br />YMI'thereafter. Each date on which the rate 01 int_t may change will he called a "Hate Change Date". <br /> <br />C~ in principal and intereoot payments to adjust amortization of the loan to correspond with <br />interest rate dlangtfi!!hall be made on the 1st day 01 U",""uH.m.Sej>t.ellLbe..t:H' 19.8.5." and on that <br />date eYt!I'Y .,,'-:00::''''.''''''00 y~(@} theroafter. Each daro on whkh the pnncipall1nd interest payment may <br />dUlnge will be ca.lled a "Payment ChlUlKe Date", <br />Changes in tm. intenll't mte are governed by chaIll!e8 in an inteJ't>!lt raro index called the "Index". <br />Check box(CiIl} W indicate Index. <br />(1) [J "Conttact Inte"",! Hate. Purch.a>le 01 Pn'"\'iously Occupied Homes, Natboal Average for all <br />Majot ~ of Lenden" publilihed by the f"00el'll1 Home Loan Bank Boord. <br />(2) G~A4j!:'.'H.~111e..R,t ti,!.,'l"t",.~ . .il,!.ot.n.ly.,. ;lv~.r,;&~..Jte..l<lc. ,?{lH'~ "H'?".;.):.~!MHlr.L u."". <br />Sec urJ;J~ ~.. :~,"4j~~_~J.~~_. ,;.9" _ :!",S .t?~!1~!; ~.1!.~, ~ ..~~,t;.~ rJ~, 'i. "I;).t.,..t, 'i ft~. L . 2~~.~~.~" ~ 1~~:~.._ ?1. > J. h~.. X~A~ ~!-!. ~..< ~~ ~~.r~~.. .~.Q.a rd <br /> . <br /> <br />Chedt hoxles) to indicate limits. <br />(1) [1 U thill box is (:htded, th_ will be no maximum limit on cbangea in the inrorest rate up or <br />down. The Preliminary Hare referred to in the Note. will he the new interest mle. <br />(2) [] If 1hill bas is chedled, the intcl'tll!t raro that I pay shall not increase more than .. <br />pere..mtag$ points on any Rate Change Date. <br />(3) LJ If t.his box is checked, the interel!t rate that I pay shall not decrease more than .. <br />pemmlap pointa on any Rate Cbangt; Date. <br />(4) gj If this box ill ,--hacked, the in~ rate that I pay shall never be more than wJ..~AJJ.o.Q.... % <br />durinr the period I have my loan. <br />(5) ~ If this boJ: ill checked. the interellt rate that I pay shall never be 1_ than..J.QA,O'O'U.... % <br />during the period I have my loan. <br />(6) 0 If th.ia box iI! checked, tm. principal and interest payment that 1 pay shall not inc.rease more <br />than ....,..........., pemmt lID any Payment Cbangt; Date. <br />(7) 0 If thilI boll: is cheeked, the principal and interest payment that 1 pay shall not decrease more <br />than ......'..........., pement on any l'a)>ment Change Date. <br />'l'hemoathiy ~~ wilhlsochante Oft Payment Change Datellll8 provided in the Note. <br />~~t may occurhs often than interest rate changes and/or may be subject to certain <br />_.... daIeribed in. the NOte. the monthly payments may he insuilieiel'lt at timlls to pay accruing <br />inten& III ad! tMe, U%lJ*ld interest is added to the principal balance of the Note and itself will accrue <br />~~. <br />-.. <br /> <br />"-' <br /> <br />L <br /> <br />..J <br /> <br />L <br />