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~ 83-003838 ADJUSTABLE RATE WAN RIDER Loan No. .....?}9.9.7.::-1::1!L.,. NOTICE: THE SECURITY INSTRIJMENT SECURES A NOTE WHICH CONTAINS A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE. IN- CREASES IN THE INTEREST RATE WILL RESULT IN HIGHER PAYMENTS. DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS. This Rider ill made this ....):?~.L...m day of ......".h.hg9+Y.............".." 19,~.~..., and is incorporated into and shall be deemed to mnend and supplement the Mortga.ge, Deed of Trust, or Deed to Secure Debt (the "Security Instrument") of the SlUlle date given by the undersigned (the "Borrower") to secure Bar- !.r;:t'~.~.L:$:a:yi:~i~~~~I:~:a:~:::~:~:?~!~:tI~~::~;f:::~~~~~J ~:;::~.::~~(t:~4::~!~i~~:::9:~n;Q:i~~:~Qi:: (the "Lender") of fhe. llIItne dam (tJle. "?;late") and covering the property described in the Security Instru- ment and _ted at Jg~..~~m.}!!:~.;.~.l~!'!...,,,. ..... m.'.'...............~".~.~~.J,~J.!mg-'...l!~!?x,~!!~...9.!H!9J.....,..... Property Address MODIFICATIONS. In addition to tile covenants llnd agreements made in the Security Instnnnent, Bor- rower and Lender further rovt>nant and agree as follows: A. INTEREST RATE AND MO:NTHLY PAYMENT CHANGES The Note wan "Initial Interest Rate" oL.....11,.7.5.9....% Interest rate changes may 0c(''Ul' on the 1st day of.......'''..m....... .....,P~.C.!H\l.Q.~.L.. 19..1i!t.. and on the 1st day of ....,",....,.".........~J:.~.IL......... 19.~2... and on the 1st day of. ..................J.une..m.......' 19..85.. and 011 the 1st day of ............_............Ji!ll!,.~..,Q.g:_, 19..ft5... and on those datell of those month.~ in every year themfrltar, Each date on which the raW of interest may change willl){! called 8 "Rate Change Date". ~ in principal and interest paYIllt.'l1tl1 to adjust amortization of the loan to t'OrreBpond with in~mte changes mall he ma.de on the 1st day of '.._ ...... .........S.'l\j:!UlIlb.er...., 19.8:L, and on that date twill')' ._._==.-;;:-:::::... yeu(s) thereafter. Each date on which the prindpal and interest payment may change will be called 1\ "Payment Change Date". Cbanl!llil in tbe interest rate lire gm-crned by change!! in an interest rate index called the "Index". Check 00x1""\ UI indicate Ind~. (!) 0 "Contta.ct: Intel'e!lt Rate, p~ 01 Previoull1y Occupied Homes, National Average for all M.ajor 'l'ypea of Lendtllll" published by the Federal Home Loan BlUlk Board. (2)ft Mj~.1~He~~.t.._..1i<) t......::. ~!?1I ~ 111.1... ~"er",g",.s ie .1!i..q!l.l}.,.;kJx~lI!!)'!x.Y...... '....m._ ..... Seeu1"HJ...~!L:'Ll!-!!.~~~...;,'!..!! ..~.'!!l~t.!l.",;..~.tu.!':.i:~y..~ t.!. Y.~!!:.,l'.I}.!!.U.!!!~q.J?'y__J;b~L_.f~~~x.\l.k.Jl&~u.V,ILllll/l rd. Check MX(es) !.() indkat.e lilnit&. (U 0 If tb.il:t box is. cheeklld. tbertt will he no maximum limit on changes in the inmrest rate up or down. The Preliminary Rate referred to in the Note. will he die new inten.st rate. on 0 If this. OOXill cb<<ked. the intetest rate that I pay shall not increase more than .....HO... pereentqe poini4 on any Rate Ghanllt' Date. (3) 0 If tbis box is checked, the in~ rate that I pay sbal1llOt dec_ more than ..,................ ~.tap pointll.OIllWY &te Change Date. (4). KJ If t.lIilI box lit ehllCked. the intli.'lllllt raw that I pay shall never be more than ..L4.~1l00.....% ~t.M period I ba.w.my loan. . (5) IJUthi8 box ill ehecked, the intelellt rate that I pay shall never be 1_ than ..1.1l..00tL..% dl.u:ing. the pericxi 1 haw my loan. . (6) 0 If thie box ill checked, the principal and int.ere6t payment that I pay shall not increase more than .................... pIlra!l:lt on any Payment Change Date. In 0 If thiabox is ~ the pPncipa.l and int<<e8tpayment that I pay shall not de<:reue more .tbIm ...._............. ~ton any.. PaymentCbange Date. 'I'b..... . ..1JlOO .....t;::.......~.. t. .antOUnts.. . ...wm ..a1so. change. OIl.Payment C.hang. e. DatEIJ as provided in the Note. .~. ..... .. may. occur _ often tbm). interr:!8t rate changll$ lUld/or may be subje<:t to certain . .. ..... .... m. the NIlie, the moothW paymente may be insufficient at times to pay IlCCt'Uing in~ In lllleh<'lllle, unpaid interest ill added to the p1'incipa.t balance of the Note anditaslt will aceroe ~~.' _HI L -.J I "-