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<br />I <br /> <br />r <br /> <br />~ <br /> <br />UNCOlN <br /> <br />83-004556 <br /> <br />Loan No. m...?,~?~I:-.k:1.~..... <br /> <br />ADJUSTABLE RATE LOAN RIDER <br /> <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. <br /> <br />This Rider is made thisnmhm2!i:nn..m day of nnh.~~@~.nmmnmm..h.h' 19,J~.1., 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- <br /> <br />rower's Note. to 'nn..nnm.m'nhn.m.mn.'nn....'....h'..m.nn.."m.n'..','.n'nnhnh,nnnmnnnnhh".nnm'''hnn,'',''m..,..mmn <br />.HX,!lJ;,Jfg,4~J:!t+.)~"YJ,m~!L!~.mL1g.?!!nA"',9.Qr;Jf~.,UQJLl),:L1;i.nc,o.J.n,"nsnlIni.t.edn.S,t.ate.lLcorp,Q)::a.ti.an,n <br />(the "Lender") of the same date (the "Note") and covering the property described in the Security IDstru. <br />ment and located at ,'nmm.nWg!?+.~,L.9J.!:r;1,"".n"n..nn'...'n"','m,....J;>.Qn;i.l1hatl"nHe.lu::aJ>.Mh.6,(l,a~;1.....nn'.n..m. <br />Property Address <br /> <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: <br /> <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br /> <br />The Note has an "Initial Interest Rate" oLnnl2_Z.5,Om, % <br />Interest rate changes may occur on the 1st day of hnnm.hnhmmnnhm.necemberm, 19,Jl.4... and on the <br />1st day of 'h'hnn,mnmnmm.mMaJ:Cb..mn'h' 19J1.5'h and on the 1st day of m'h,mmmnn.mnJ:une...mm..n, 19...85.. <br />and on the 1st day of .n.h.nnmmn.hnmnnS.eptember., 1R,8.5n 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 /> <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 nnnhn,mnnm.n..,n.n.Sep.te.mbeLm, 19.85.n and on that <br />date every nh::::-::-,=::-::-nn' year(s) thereafter. Each date on which the principal and interest payment may <br />change will be called a "Payment Change Date". <br /> <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. <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. <br />(2) IJQ .Ad.iuata,b.l.e.,R.At:,e.,J~.Q,t:.e..~,.Man.t,b.l.y.'nav.eJ::ag.e.ny.ieldnDJJ.nU_S~n:IreaaurY.mn."'n.nnm..n'" <br />Securit.ie,$madjJ.\$.ted,nt:,Q,.fL.C.QDJ>,t,ant...IRat:.uJ::i.t:y...9LJ.'h.Y.ea,L.publlaheJinb:J(",t.he...Ee.d.eraL.ReSeL1CehRaard . <br />Check box(es) to indicate limits. <br /> <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, ",ill be the new interest rate. <br /> <br />(2) D If this hox is checked, the interest rate that I pay shall not increase more than nmnn'hnmm <br />percentage points on any Rate Change Date. <br />(3) D If this box is checked, the interest rate that I pay shall not decrease more than .nn,mmm'hn <br />percentage points on any Rate Change Date. <br />(4) I[] If this box is checked, the interest rate that I pay shall never be more than nJ.3~9.s.Q.... % <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 .,,9~95.Qn.... % <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 """"m".u,,,. percent on any Payment Change Date. <br />(7) D If this box is checked, the principal and interest payment that I pay shall not decrease more <br />than .".".............. percent on any Payment Change Date. <br /> <br />The monthly payment amounts will also change on Payment Change Dates 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 />~tations 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. <br />Form 843 <br /> <br />u <br /> <br />L <br /> <br />L <br /> <br />~ <br /> <br />L <br />