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<br />83.....()(J4367
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<br />Loan No. ."".5.4.Utl.::.t::-.l.lL".
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<br />ADJUSTABLE RATE LOAN RIDER
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<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.
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<br />This Rider is made this .. ...~f),...,..w,... day of ........~!?t.,",..................., 19.?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 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'" .,......,..""...'w.
<br />Eix .s.t. ..f.~.d.E\t:al., .S.a yj,JJJML lUl<L J,Q .au ..A!l.$,O.~j,R,t.i.Qn.. QJ,. .~i 11!;9J..n ""R" .Uni,f;,e,9. ..~,f;,~,t.~!l...~Q.J:1l9Xa!;iQXL.
<br />(the "Lender") of the same date (the "Note") and covering the property described in the Security Instru-
<br />ment and located at ..l..flQ~t.J&Q!lgmQ.I1.t;"."..."".......w.."....... ............i>x.and..b.l.al1.d,.."Nl:.b,'n':;JNLfl88QJm..."."
<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" oLw.12..2.50".. %
<br />Interest rate changes may occur on the 1st day of ...."...m'''.w.........,..Deceroher;"., 19"8!l,, and on the
<br />1st day of ".",,,,,..'..""."m......MI1Lc.h,.,,.w.., 19.85m and on the 1st day of ,....""....""..",.".Ju.ne.."."....., 19,,85.,
<br />and on the 1st day of ..",,,...,,,,....,,,,,,..,....S.apterohe.L. 19..85" and on those dates of those months in every
<br />year thereafter. Each date on which the rate of interest may change ~ill be called a "Rate Change Date".
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<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 oL......,...".:"......".....,;5-e.pLember.:.., 19.85... and on that
<br />date every "..:-:=.-:":-=:,,:-:...., year(s) thereafter. Each date on whu:h the pnnclpal and mterest payment may
<br />change will be called a "Payment Change Date".
<br />Changes in the interest rate are governed by changes in an interest rat~ index c~lled the "Index".
<br />Check box(es) to indicate Index.
<br />(1) 0 "Contract Interest Rate, PUl'chase of Previously Occupied Homes, National Average [or all
<br />Major Types of Lenders" published by the Federal Home Loan Bank Board.
<br />(2) l[] .A,!j.....H. <!J? J.I;'.,. R !l.tl'... Ng .1;.\".,::.. ):1.9. n .~h. ~.Y...'1 yg 1: iJ ........:f.~ 1: ,hI, '" \In,. .~!.,,:i .,,' T 1: t: A.S,.... [~.. '"'...',..,. ,""'" on".
<br />Se eu ri,t.i!l,L"'\!j),1.~,t~fl".t\LiJ...~9.n~.~.~.p.i,.. .!!'.'H.'Ar: .~J:i.. q L.!" ::.~ilX...P,\! R1i~,\l~<.j,,,9Y...,,!Jg,.,' f.~>!g:r,{!J...B&~~x,y,"'...!lQ.a rd ,
<br />C heck box ( es) to indica te limi ts.
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<br />(1) 0 If this box is chocked, there will be no maximum limit on changes in the interest rat~ up or
<br />down. The Preliminary Rate rekrred to in the Note, will be the new interest rate.
<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.
<br />(3) 0 If this box is checked, the interest rate that I pay shall not d~.:rease more than "..h.h
<br />percentage points on any Rate Change Date.
<br />(4) [J If this box is checked, the interest rate that I pay shall never be more than ..1.1.950.",,%
<br />during the period I have my loan.
<br />(5) I[] If this box is checked, the interest rate that I pay shall never be less than ."9.950.",,,.%
<br />during the period I have my loan.
<br />(6) 0 If this box is checked, the principal and interest payment that I pay shall not increase more
<br />than ..h.....h"hh". percent on any Payment Change Date.
<br />(7) 0 If this box is checked, the principal and interest payment that I pay shall not decrease more
<br />than '''h..on''''',"h' pe.rcent on any Payment Change Date.
<br />The monthly payment amounts will also change on Payment Change Date6 as provided in the Note.
<br />Because payment changes may occur less often than interest rate changes and/or may be subject to certain
<br />!imitations described in the Note, the monthly pa)'IDents may be insufficient at times to pay accruj'lg
<br />mterest. In such case, unpaid interest is added to the principal balance of the Note and itseU will accrue
<br />interest thereafter.
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