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<br />83-+; 0 43 6 5 Loan No. ....,..?l,?J?::kJL
<br />ADJUSTABLE RATE LOAN RIDER
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<br />NOTICE: THESEC(JRITYINSTRUMENT 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.
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<br />This Rider is made this ....,),,9th..,m... day of ...'..m.......:@~.tn..m'......, 19J!Jm, 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 Instrument") of the same date given by the undersigned (the "Borrower") to secure Bor-
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<br />rower's. Note to...............m'm.m.................m..'m.........m.......'.......,...........,..,..................m....m...m.m....mm.............
<br />...~.~.:.~~..,!:.~.?~E~.~,..~~,~.~.~~~"~,~~..!:!:'!~,~"~\~.~.:>'~~~,~.~,:>,::..~~,..~.~,~::~.~,::!...~,. g.~~ .~!?,<!,'~,~.~.~.~~..::,<?EP.~~~,~,~~E-..
<br />(the "Lender") of the same date (the "Note") and covering the property described in the Security Instru-
<br />ment and located. at ,.,'~~,~,!..,~~~.':'.~,~..!?~,~.y.~.............,...,"',..".."....,.,~E~.~<!,J:~.~,~!!~,...,~~!?E~,~.~?..~.~?.Q}"..,',.,'
<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 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,......tt~,?.?.Q.. %
<br />Interest rate changes may occur on the 1st day of ...m..'mmm'_..m.......~.".~~....mm' 19....??. and on the
<br />1st day of '..m..m....'..m..'.........ii,~.Pl,~~,I?,~.~ 19...!l2. and on the 1st day of ..............,............R~,c,~lJIb~.L, 19....a5
<br />and on the 1st day of ..mmm..mm'....m..mJ1.~,'-~!L.m" 19..Jl.~ and on those dates of those months in every
<br />year thereafter. Each date on which the rate of interest may change will be called a "Rate Change Date".
<br />Changes in principal and interest payments to adjust amortization of the loan to correspond with
<br />interest rate changes shall be made on the 1st day of ................,.....,.......,...;1-,"','-"!).",m....., 19.J~.9.. and on that
<br />date every ....,.::::::-,::::::::... year(s) thereafter. Each date on which the principal and interest payment may
<br />change willbe called a "Payment Change Date".
<br />Changes in the interest rate are governed by changes in an interest rate index called the "Index".
<br />Check box(es) to mdicate Index.
<br />(1) 0 "Contract Interest Rate, Purchase of Previously Occupied Homes, National Average for all
<br />Major Types of Lenders" published by the Federal Home Loan Bank Board.
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<br />Secur i t i~2J gju}/et:>t~ay~.o~:~c:'~~~E~a.~u~lti?H, r.;f.:::;~'.!t{Hi~:d~..~'~''?t.;;p.~':~~.~~i:''R~~'~~~~''i~ard.
<br />""......".."...........,"'.............'...m..mm...hm..'m.............,,.... ...,.m...mJ?m....mh.....m.i.......m..........m.m...m....mmm,m.
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<br />Check box{es) t~ indicate limits.
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<br />(1) 0 If this box 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 Note, will be the new interest rate.
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<br />(2) 0 If this box is checked, the interest rate that I pay shall not increase more than ....'..."..........
<br />percentage points on any Rate Change Date.
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<br />(3) 0 If this box is checked, the interest rate that I pay shall not decrease more than ....................
<br />percentage points on any Rate Change Date.
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<br />(4) [J. If this box is checked, the interest rate that I pay shall never be more than ..,Y!.~,9.9.Q... %
<br />during the period I have my loan.
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<br />(5) [J If this box is checked, the interest rate that I pay shall never be less than ,..,),Q.~,QQQ.., %
<br />during the period I have my loan.
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<br />(6) 0 If this box is checked, the principal and interest payment that I pay shall not increase more
<br />than ..'......"......... percent on any Payment Change Date.
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<br />(7) 0 If this box is checked, the principal and interest payment that I pay shall not decrease more
<br />tllan .....m...m...'.. percent on any Payment Change Date.
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<br />The monthly payment amounts will also change on Payment Change Dates as provided in the Note.
<br />Becau.sepayment chaI1ges may occur less often than interest rate changes and/or may be subject to certain
<br />!iroit.atitmSdescrlbed in the Note, the monthly payments may be insufficient at times to pay accruin&
<br />mtereat. In such case, unpaid interest is added to the principal balance of the Note and itself will accrue
<br />interest thereafter.
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