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<br />Loan No. .....n~,~,nll::J::-.j,lL.
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<br />ADJUSTABLE RATE LOAN RIDER
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<br />83- 004550
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<br />NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS
<br />A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE1. 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 ......?~1:l1...n..n' day of .nh.......l\tl5l\:ls.th...n''''h,...n, 19,8}.n, 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 n.........'n....hn...n.m......n..........'....m.nnnnnnhn....n'.nnnhhhn.,.,.'nnn"hnn..............'._n...,.......,..._,.n_
<br />",F,~'~~'~n.~.~~~Ea,~"~~:v.~~.'!,,.~~~. .~.()a.~., '~,s.s.~::'~'~~'~~~h()'~"'L.~!:::(;>.~~". .,~,.,~!:5"t,~~.,~.t:,a.t.~~...~.~!:P.()Ea.t.!(),9:..
<br />(the "Lender") of the same date ~the "Note") and covering the property described in the Securi~ Instru-
<br />ment and. located at n.~Pn~~~.'!,~...._~!:.~,()~P.~.n.._.n.nn..n""hn ,nnh'h,(;Ea.!!~n.~."_!!'~~,L.~~,l?,~,a.~~...f&.!?,L.......
<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_.nhth~,~g.n %
<br />Interest rate changes may occur on the 1st day of nnhnm..._n__'......m.nJ?,~~~!\l.l!~L, 19,.,Q~, and on the
<br />1st day of .........nnn...n...mn.nnt1g~.tL...m, 1RJ?5h and on the 1st day of ...'..nnn....mhhnnJ,l.ltllLnn...n' 19...85,
<br />and on the 1st day of ,hnm....n'n......'..,hhn$.~P..,,",1!!2~E, 19,nl?,?, 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".
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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 of ....n....nnhnm.nnnhnn:?~R.I;!i'Jl\R!'l..'n' 19..8.5,. and on that
<br />date every h"'.~.::::::::::-'::.'. year{s) thereafter. Each date on which the principal and interest payment may
<br />change will be called a "Payment Change Date".
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<br />Changes in the interest rate are governed by changes in an interest rate index called the "Index",
<br />Check box(es) to indicate Index.
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<br />(1) D "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 />Sac u r,i.t.~W.!'~J.~~1~~ti~::}:~9::lt.~;lo::;~~~:~(r~::ir::: r:\I;:::'::p.:tU:ii{~:::~;:~S~h.{:::~:;:~~~~::~~~~!;~--;::~~ard.
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<br />Check box{es) tQ indicate limits.
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<br />(1) D 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) D 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) D If this box is checked, the interest rate that I pay shall not decrease more than .....'d'd""'''''
<br />percentage points on any Rate Change Date.
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<br />(4) rn If this box is checked, the interest rate that I pay shall never be more than d..U..,9.:ilL,%
<br />duri.ng the period I have my loan.
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<br />(5) rn If this box is checked, the interest rate that I pay shall never be less than d..9,..9.:i!L... %
<br />during the period I have my loan.
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<br />(6) D If this box is checked, the principal and interest payment that I pay shall not increase more
<br />than dhd'"'''''.''''' 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 />than d"d....,,"d.... percent on any Payment Change Date.
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<br />The monthly payment amounts will alSQ change on Payment Change Dates as provided in the Note.
<br />Because pa~nnent changes may occur less often than interest rate changes and/or may be subject to certain
<br />!imitations described in the Note, the monthly payments may be insufficient at times to pay accruing
<br />mterest. 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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<br />Fonn 843
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