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<br />Loan No. .......$,4.~Z4::l.7.l.!L
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<br />83';;;;' 004582
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<br />ADJUSTABLE RATE LOAN RIDER
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<br />NOTICE: THESECURITY INSTRm1ENT SECURES A NOTE WHICH CONTAINS
<br />A PROVISION. ALLOWING FOR CHANGES IN THE INTEREST RATE. IN.
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<br />CREASES. IN" THE I~fr~~' P..--\!J3E- W!LL,P...EStJLT'IN ,HIGHER PAYMENTS-~
<br />DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS;
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<br />This Rider is made this .."..".~2"""b'" day of ..."....~,."..................., 19b?}.., and is incorporated
<br />into and shall he deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt
<br />(the "Security Instrument") of the SlUJle date given by the undersigned (the "Borrower") to secure Bor-
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<br />rowllr's Note to ...,.....'........................'....b...'...................,..,..'..""".....,.,.....,,'........"..,...............................................'
<br />..g.~D!~...f.~!t~.~.~J".?.<tY.J,~L{I.!liLr,..9.{I.!l..A.~.!!Q!;.t~!;J,Q!t.gJ...\;J,g!;9.!!!J..fLV.!!.t~.t'.4...Ji,1;l!t;ell..c<;.21Cll;>Xl\!;!gJ;L
<br />(the "Lender") of the same date (the "Note") and covering the property described intheSeeurityIIllltlu-
<br />ment and located at ...JQ.Q't..ll.\.e.ut;{Q{;l,Q.,.!;QMtt......... ......"............,Gz.a.n.:l.aland........'leln:aaka...6.8SD.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 covp.nant and agree as follows:
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<br />A. INTEREST RATE AND MONTHLY PAYMENT CHA."iGES
<br />The Note has an "Initial Interest Rate" oLhMll..2:'lL%
<br />Interest rate changes may occur on the lat day of .......hm.........h.. ......D.e.c.em.be.c.., 19...8... and on the
<br />lRt day of ''',.'''" ...h......h:ia.J:Cb......... 19..1!.5.. and on the 1st day of . ..n.....n.........b..JJ.1ne....h.....' 19..,85-
<br />and on the 1st day of "...."""" ...MW.....,;).ep.te.mbe.r, 19...d.i and on those dates 01 those months in every
<br />year thereeiter. Each date on which the rate of interest may change ",;1\ he called a "Rate Change Date".
<br />Cbangel! in principal and interest paytl1<!nt8 to adjust amortization of the loan to correspond with
<br />interest rate changes shall he made on the 1st day of ............. .".....".".......3.ep.tembe.r.... 19,115.. and on that
<br />date every .....:c:c.=;:-:c.. }"E>lli"tll) thereafter. Each date on which the principal and interest payment may
<br />change will he called a "Payment Change Date".
<br />Changes in the interest rate are governed by ehanges in an interest rate index ealled the "Index".
<br />Check boxt"") to indicate Index.
<br />(1) C "C,ontm.ct Interest Rate. Purch.ase of Previously Occupied Homes. NatiOllal Average for nil
<br />~~jrn Ty~ v:- ~~ P'ih1~~ by t..~ F~ Horr'.e ~ &nk ~rrl.
<br />{2} G' "' ~~~j~~ ~:~. ~1-5:~. <~_~. ;;_~._;!.~ ~.~_ .:~_ _,::h~ ~,~ J:~~.Y~ T _~_y_~. r~ 3!L.J: A~ J~. _' 9!!..iJ"!.~""HX;:: ~{l.~~Xy"., .__.". UHh+ __ _.~_u
<br />Se c u-,:AJ;J::.ll.. .;lg.i\HL~~.4...;. 9. .JL;;, Q!M~.{\ 111;., .!(1.~ t,!i rA .~i '. 9.t..~,. .i. lid.\.. "'.11 )JJ,.l..$.h\\>I...b.Y...tD.e.M.t.eJU.ill..&:.1ilUYlt.llua rd .
<br />Cheek 00"'("') to indicate limits.
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<br />(I) LJ If this bo", i.. checked. there will be no maximum limit on ehanges in the interest rate up or
<br />down. The Preliminary Rate refl.rre<J to in the Note. will he the new interest rate.
<br />(2) [J 11 thill box is cheeked, the in_t rate that I pay shall not increase more than ___M..,"
<br />p<-'ttentage pointa on any Rat... Change Date.
<br />t 3) [J If this box is checked, the interest rate that I pay shall not decrease more than ....................
<br />percentage pointa on any Rate Change Date.
<br />(4) [] If thi8 box ia checked, the interest rate that I pay shall never be more than ...13...9.50....%
<br />during the period I have my loan.
<br />(5) [l If this box is checked, the interest rate that I pay shall never be lesa than ...3A,9-50......%
<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 ,...............'.. pereent on any Payment Change Date.
<br />(7) 0 If tbia box ill checked, the principal and interest payment that I pay shall not decrease more
<br />than ...........m'..... percent on any Payment Cbanp Date.
<br />The. monthly ~t amounts will also change on Payment Change Oates as provided in the Note.
<br />BeamlI& \lIII)'tMnt . may occur I.... often than intere8t rate cbangll5 and/or may be subject to certain
<br />!imibltiona de8cnOed in the Note, the month!). payments may be insufIicient at times to pay accruing
<br />m~ In auch cue, unpaid interest is added to the principal balance of the Note and itself will accrue
<br />~ thereefter.
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