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<br />Loan No.. ..m'y~Q~~:~.:~~...
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<br />83...Q04017
<br />ADJUSTABLE RATE LOAN RIDER
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<br />NOTICE: THE SECURITY INSTRUMENT SECUP.ES A NOTE WHICH CONTAINS
<br />A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE. IN-
<br />CREASES IN THE INTBRElS'l'RATE WILL RESULT IN HIGHER PAYMENTS.
<br />DECREASES IN''i''IHfI'N'i'EREST RATE WILL RESULT IN LOWER PAYMENTS;
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<br />This Rider is made this ......~~..,..... day of ...................Jl.1ly.'....m.....m' l!B3.m" and is incorporated
<br />into and, 8ban be deemed to amend and supplement the Martgage, Deed af Trust, ar Deed to Secure Debt
<br />(the "Security Iniltrument") of the same date given by the undersigned (the "Borrow.e1"") to secure Bo1"-
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<br />~;~~!~~~~I::~~~~~~:::.t:~~::~~::!-\~:~~~:~~~!.?~::!;I.:~~:~c:~~~.;.::~::i!~~~~~:.:~~~:~~~::~~!ii~!i~Iq~::
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<br />. (the "Looder") of the ~me date ~the "Note") and covering the frpe~ described in the Securi~ Instru-
<br />ment and locatEd at ..,~..,~..,~,~,~.....~.~.!;_............,........,..,.................t:a.~~...~!!.t~,!!~......l{!\~)';~.~.~..,~!U?L......
<br />Property Address
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<br />MODIFICATIONS. In addition to the eovenantl; and agreements made in the Security Instrument, Bo1"-
<br />mwtl!' and Lender further covenant and agree as follows:
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<br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES
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<br />'The Note has an "Initial Interest Rate" oL.. .lJ.,.?5,(}, %
<br />Interwt rate clumgt;<l may occur on the 1st day of ................................!?!il!;.e,'!lm:x.., 19....tl.4 and on t,he
<br />1st day of ........M,a,t:!'I1....,., . 19...8,5., Wld on the 1st day of ................JlJ.Q'~.m..m..' 19,...a5
<br />and on the 1st day of .,.... ............,S~i'.telll~.r. 19.1;\.;;, and on those date!! of those months in eve7
<br />yeftl' "tlmreafm. Each date on which the N1t.e of inme!!t may change will he called a "Rate Change Date' .
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<br />C~ in principal llIld interest payments to adjust amortization of the 1000n to correapond with
<br />intemlt rate ~ shall he made un the 1st day of . .."...,.....,m..........~IU)J.C\ll.b~.L, 19.JlS.. and on that
<br />date tM!IfY .....~::-=::=... Y"41'(s) tlwreafter. F..ach date on which the princitml and interest payment may
<br />"hange will be called a "Payment Change Date".
<br />t~ in the int.ere..t \'lIt.e are governed by ehanges in n.n inten...t mte index called the "IndeJ;".
<br />Check hox(es) to indi,;ate Index.
<br />(1) !J "<Antract Intern! Raw, l'urd_ of PrevioUll!y (x'\.'Upied Homes, National Avemlle for aU
<br />Major Types of Umdertl" puhlWled by the FOOeml Home Loan Bank Board.
<br />
<br />Secud tl~;) "f.} u.~~u:~ :l:!J?tt:~:ot!.t;!JITtth!{tV"':~":E,'!t;;:b;;i.t~,' ~rr.iaSI'r.L..~. acd.
<br />. ......'........ .J.......,........ ...... ..., ""...",...,. .....'!., ..., . .y........Il,.....,.....'.m.....'t..UL,....!:.4~J:d...Rl:I!~.r:..lL.~,Q
<br />Check !lox(a;) to. indicate litnitl!.
<br />(I) D If this box is ch<;cked. tMre will be nt) maximum limit Oil changes in the interest \'lite up or
<br />down. The Preliminary Rate referred tt) in the Note. will be the new interest rate.
<br />(2) CJ If this box is che(-ked, th.. intel'l'8t rate that I pay shall not increase more than
<br />pen:entap points on any Rate Change Date.
<br />(::I) [J If this box is ch<<ked, the intemot rate that I pay shall not d,'ClelISC more than .
<br />poen':tln~ pointa on an)' Rate Change Date.
<br />(() !1t If thi.tI box is ebeclled. the illte1'ellt rate that I pay mall nevlll" be more than ..T3A950... %
<br />d~ tha. period I have my loan.
<br />(5) rJ If this box is ebeek<<l, the interollt rate that I pay shall never be 1_ than .".2.~.iO,.." %
<br />dl1lUlg the period I have my loan.
<br />(6) 0 If t!M box i.~ c-hocktld, too principal and interest payment that I pay shall not incre4lle more
<br />than ......"........ ~t on any Payment Change Date.
<br />(7) 0 If t!M box is ~ the ~ and interellt peyment that I pay shall not decrealle more
<br />than -.........,.."". ~ on &I),)' Payment C~ Date.
<br />'T'be monthly ~ 8m()tlUta will alao change on Payment Change Dates as provided in the Note.
<br />a-USOPilt)'mlmt ~.may oocur 1_ o..fte:n than intemot I'lIte changes and/Of lII.IIIy be subject to certain
<br />lhuitatioil$. described in the. Note, the monthly pa)'IDtlllls III.III}' be insutIlcient at tim!lll to pay ftccnUng
<br />~ Ii\ aueh. cue, unpeid interest Is added to the principal beJance of the Note and itllelf will ...'ClUe
<br />~ theredter.
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