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<br />r <br /> <br />Loan No. ....m?,M~9.\I:::t::.J.JL. <br /> <br /> <br />83_0b4695 <br /> <br />Qz <br /> <br />ADJUSTABLE RATE LOAN RIDER <br /> <br />NOTICE: THE SECURITY INSTR~TSECURES A NOTE WHICHCONTAINS <br />A PROVISION ALLOwtNG l"OR'CllANQE8 IN THE INTEREST RATE. IN- <br />CREASES IN THE I~"TEREST RATE WILL RESULT IN HlGHER PAYMENTS; <br />DECREASES m THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS. <br /> <br />Thia Rider :s made this .u..~.,..u..... day of u.....u.....,..~~...,..., 1R!!,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 ItI/lttumt'nt") of the same date given by the undersigned (the "Borrower") toseeure Bar- <br /> <br />row&"'s Note to "'_n""'''''''''''''''''' mm__uon"'''''''''''''''''' ......... ...."........... ............'........u..........C.........m__....._'__..,.... <br />.,F.!.r.!.L~~~.!:!'}uuS.~!!EJl!L!!~..~~)l..~!!}!.~t.!!.~l.~.ll.,f!f,..~~n!;.!/JJ!.,..!t..\!DU.~.4,J~JAt;IlILC;QXPD.t.at.1.o.n.. <br />(the "L.endm-") of the same date (the "Nobn and covering the property described in the Security lDsttu. <br />ment.and loatted at .. ,~;~!~..~.~!!.I:...t.!!~... ...,.................. ...... .......,....gr-'.n\Ll$.l.i\m1,...NlUIX.ll1ll!.a..flll.89~.....m' <br />Property AddreM <br /> <br />MODIFICATIONS. In addition to the covenants and agra,ments made in the Security Instroment, Bor- <br />l'O\ItW' and Leader further covenant and agree as follow.;: <br /> <br />A. INTEREST RAn: AS>> MONTHLY PAYMENT CHANGES <br />1"he Note has an "Initial lnt('nll!t Rate" oL,H,.;.;HL% <br />Int~ t'llte chAnge. may ~'CUr on the 1st day of .. .u.Jl.Lllc...... ,.., 19...85. and on the <br />1st day of ~~!1H\\1Il1l:J. HIll:!. and on the I.t day of ........~.., 19..,85. <br />and on the ht day of.. ". .... ....l'Ill,T.ch..", 19.J1P. and on thOM dates of those months in ever;( <br />year t~, Eadl date on which the rate of interest may change will be called a "Rate Change Date' . <br />C~ in principal and intt!mot paymenUl l.(l adjUlit amortization of the loan to t'OlTl!flpond with <br />int.enlBt l'lIte ~ shall be l1'.ade on the 18t day of , ..... '....'....m. .l'la.1:Ch..h...... 19Z6.. and on that <br />dau. li'\'WY ...~=. YNU(8) thereafter. Each dat" on which the principal and int.n'flt payment IIl1\Y <br />d... will be called II "Payment Chang" Date". <br />C~ in the. int""",,t tIlle lire governed by change!! in an interest rate index ("alled the "Index". <br />Chock bo1(M) tn indkl1te Indt'X, <br />(l) 0 "CQQtnlct Interet;t Rate. Purd'''lle of t'rt,yj,>wUv Oc<:upied Homes. National A vt,rage for aU <br />Major TyVtft v: r .rT~1~t1;n jNhllio.~ t~ ~~ P~! H~~ tA'y'_y! f{.a.nk Roard~ <br />(2) iXl~j!''!t~bl.,..P'''t!,.N''t'!' .~~ontJ' ~Y. "~e')!1!.e.yJe.la..,.,).~.!l~.$.. .rX.e.l.l.n.ry.. ...... ....... <br />Securl..;J.'!.!L.~9:h>~t~<ci.t<! .~...j:,<>,~t...RL..~;; 'HAt "I. .Q;' .J..Xlljj,r..llu.lli~..l1~. .Lll.L..fll.4e.r.a.l..1\e.s.eJ:lle..llaa I'd. <br />CbKk boxies) tn indicate Jitnib;. <br />(I) CJ If thiJo box is checked. then. will be no maximum limit on c.hang;es in the interest rate up or <br />down. The Prelimimuy Hate reterre.d to in the Note. will he the new inten'lOt rate. <br />(2) D If tbili box in cheek'i!d, the int.et'Ult mte that I pay .hall not incre_ more than <br />pen.'erttaltti puinbl on any Rat.. Change Daft!. <br />(3) [1 II tbia box ill dl<<:Jted. the in\.tmlllt rate that 1 pay llhall oot decrease more than .................. <br />~ puinta on any Rate Chance Date. <br />It) lJ it tbia bos: ia dttlclted. the inttuest rate that 1 pay aball JltMIl' be more than ...13..9.50....% <br />~ t.I>e l*iod I htlve my loan.. <br />(5) ltllf tbia box ia ~-ked. the intefto!t l'lIte that I pay ..hall never be 1_ than ...9.950......% <br />duritl( t.bt> pm'i<ld I have my loan. <br />($) 0 If this bmr. is <::heckNi. the principal and interest payment that I pay .9halI not increase more <br />than ....... ......".. perceut 00 my Payment Change Date. <br />(7) 0 Ii Wa bo& is checked, tn;. prir.tcipal and intemst pa}'mlmt that! pay !!bal! not decreaee more <br />the ._._..........~. ~tO!111t1y p~ ~ Date. <br />'J."blo. . mcmthly payment &lIIQUDtB will aIm cb.enge on Payment Change DatelllUl provided in the Note. <br />aec.- ~ ... may 0l.'CUr .. often t\lm interest rate ~ and/or tnJiy be lIUbject to certain <br />!il!l.-.... ~m tM N!!t@, tM monthly ~_ta may be insuilk.ient at timM to l'8), accruing <br />~ lit -a ClIUIa; unpaid interest is added to tire ............paf balance of the Note and it!lel1 will aCCl'l1e <br />~~. ,..-- <br />-- <br /> <br />u <br /> <br />L <br /> <br />.J <br /> <br /> <br />L <br />