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<br />83- 1J04870
<br />ADJUSTABLE RATE RlDER
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<br />THIS ADJUSTABLE RATE RIDER is made this .12t.1:1., day of ...........S.e>lt.emOet.......;.......19;,83....
<br />and is incorporaled illto and shall be deemed tQ amend and supplement IheMortgage. DeedofTiust, or Deed; tQ
<br />Stcure Debl (me "SeeuritylnstnllTlt'lll") of the same date given by the undersigned (the "Borrowern)toSec\lre
<br />Borrower'. Adjustable Rate NOle 10 ..HOJllE..f.E:DfBAL..5Jl.1LlN4S..&,l.OAN..ASSOCIA.T.IO/ll..Qf....GRAAQ...ISl.AMl...
<br />........................,........................................,.................. (the "Lender") of Ihe same date (the "Note")andeoverinll'clhe
<br />property described in the Security Inslrument and located al:
<br />
<br />J.7.1:UvIaSLAona...GI:ancl..lslano...JliL........58BJJ.L......w................,............w...................................................
<br />(I'ropooty A-I
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<br />The Note c:ontaIM provlaioM lIlIewlng for cMneM in....~ rate. If....~....
<br />\Mr...... tile ~.1I'ICIIItItly .-,-ta wlIt .,. higher. H u.~..
<br />dIofnTTT, the 8cMroww'. __ plIplllIlltlwIlIlNi.......
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<br />AootTIONAL COVI'NMITS, In add'lion [0 Ibe covenalll and agreements made in the Security Instnunent,'Borrower
<br />and Lender funher roven.nt and agree a. follows:
<br />
<br />A. INTERfST RATE AND MONTHLY PAYMENT CHANGES
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<br />Tlte NOte provides for an Initial interen rate of .. ,11.25......... 't. Section 4 of tbe Note provides for changes in me
<br />mtetelt rate .ad lite moathly payments. .'1$ follows:
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<br />.. INTEREST ItA TE AND MO,vTHL}' PA YMENT CHANGES
<br />(AI (~ Dalfl
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<br />The tnteret rate I WtH p3)' may change on the ..,~.kL ._. day -of .>....NR.v"~,rob.eru........~u.~........ 1983...... and
<br />oil Ill.1t d.1Y o( the m<"'111 ""ery . C , .numbs lllere.1l",r, Each dare on ...hicit my intetelt rate cotdd dtlt!1IC
<br />~'i eaUed. a "Chan,e D.lte," ~hr~ ~,::i:,:::~.i'~ ~"0tQ )1.:1rQS~C! t;..:i11 :}e flO less than 9..5't and the
<br />(8) 11ae-l_. ''"'i1'_t: ;;"'ol.J:i';\ r dte :i:::H'q~:c: wi},.i t)t7' more- than 14. 5~.
<br />
<br />Be,mAID' with lite tin, Ch.ng" Oale, my .meresl rile WIll lte based on an "Index," The Index is the weeltly
<br />;t....-crol,J-c "iJ-dd llC. Unt_ted Sta~cs rrcaiut)' ie<'-Ur1tJe'} Old,Ullo1Cd 10 ,a; ,-uns.tant mafUnty of . ,..UllEt..,.._.,....." yeam. as made
<br />aVAdable by tlu- !'clen; R<se"'e Bnal" T'he 010>1 r<<-enl Ind.. figure available liS of 45 days before each Chanae
<br />Date a (.aUtd [he' -'ClJrrenl 14dt..\ "
<br />
<br />II the Inde. " nt' Im'iter "H.IJbk. ,he ....,Jt" Holder will elM'.".... " new 'ndex ...h1<;1115 bas.:t1 upon comparable
<br />.nfot'm4tK)R The St,)tt Hr}h.kr wtH ~n,'(' me nouee nf tt~ (~-w;:e_
<br />
<br />(el C..k.....u.....r (1)..__
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<br />fkfor-c <:-",,,-r; Ch,;ngr n,J:~(,~ the- '{}t~ Hd\.1cr wdJ (:;Ikuiat~ my new lO:lCf('-lit talC' by addmgft\tt'aL
<br />;~r.;,:'Cn{,)~( r>t-~mH i '~, J h; lht ('iJfn:nt h:}d(\ I"hc ;oum wdi be my new
<br />
<br />,ntc-r('!l~ f:ltc'1
<br />
<br />_.-,,-~,-~
<br />
<br />>"31 f.\~. ':
<br />
<br />~C
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<br />The- No(,(:- lh4dt'f 'IHH th~n .Ji;iicrtnUlC the ~1tfinunt pf It1t' Hlonth!y p-4'(m-em th.u WHilld he -:\utlk'lCnt to fi::'pay Ul futl
<br />the- VfU\(l:-pat ! ain C:l.pc,tc:-d k'- ;:,;\'C ..-tl the Ch->tnt(' D~Je in 'lo\lt't~tJ.nmdi! e\luaf p4ymcnt~ hy the malufuy dale at my
<br />l')CW ;lll~fC'l,t ate The rnUJ~ -d ihrlo (.aku!auon "'-tH be' the fiC'" JtTI.)utH of my monthly piJ)'McnL
<br />
<br />I D) 1'Jft<'lrt" Oak ..t (n........
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<br />My !lev.- HltcrcM fatC' ""dl hC;"1.,mc cne(tPo-e ~~rt c.u.:h ('hari'C' Date i wdl pay the -allwunl of my new monthly
<br />pa)'tnetU beg!ftn-m, ~1}i: thJ;" rt~l fl1o-t:'uhiy p-fl:tmt;ot date- Jftef It)c Change Di!k unitt the amount ,-,f my monthly
<br />p.ay-~nt ("iu:n,c.s :tlltUl
<br />
<br />IE) N........O((~
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<br />1M Note Hl1f<ler ....Ii In."l .'t Jd..,,, '" me a n<>l..;e belL,,, tach Chance Date The nouce w>ll adY10C me of'
<br />
<br />(~! tn.: nc''IiIt' uUcf(:j.. r.Ui: un Ul) k..n .H. uf the: Chance Dale:;
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<br />(l; i !Ite ~tn<>\Inl of m) lOO<llbly pll)'meOl followlAlI tlte (,hanae Dale.
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<br />lilt) an} olddukulal fnaCh:t$ wiuch it)t' NQt~ Holder IS requtred to} Jt.S("jo-!iC~ and
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<br />'.I\' I tbe mic ~Ild ICkl'hone ..umlter vr . ll"n<>D "ho ,"iii an.wer Jny que".ion I may haye regardinl the
<br />OOtK."t".
<br />
<br />.. CHARGES; UENS
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<br />lJlUlOrl1l C~ll;lftt 4 of tlte SKum) Insuumelll .. amended to read a' lolio..,,'
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<br />.t. ~ U- B.u..."..er wll pay alll.a,xu. aMeWllCnlS. and "Iher charco. fines an,' Impo"mon' attrlbUlable \<l
<br />lhe Propert) 'lrimb ma) anall! . pnont) ""er till' Secumy IflW'Umenl. ,;n.! lU$Choltl paymenb or ll,,"'und renb. If
<br />aay, in tlw __r pnmded w;der para,raph 2 hereof or, ,f 001 paid m ~""b manner. by Borrower maklDll payment.
<br />"bell d_ dtte<<ly 10 the payee lhe,eof Borrowet .hall promlKly (urn.,," 10 Lellda .11 nolle... of amounlS Jue under
<br />llU& paracupll. alld ill the eYe<lt &mower ,hall mau payment dlh:<:tly. Ilorrower .hall promptly furnish to lender
<br />~ ~III m<:il paymc$ Borr~r sl\a.ll promptly d.sthafe<< any hell winch has pnoruy over th.. S<<umy
<br />l_~ howcva,lk>nvwet dJallool Ix- reqUired [0 dlJdlarlle lIllY ,uch hell ,,-,10111 a. Borrower: (1I) ,hall allree In
<br />"l1UliI {O (bot pay_lit of the ""hli"\lOl'l l>eCtllcl by """h hen In a fMl\Mr ll<:lOCptable 10 Lender; ( b I shall m lood
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<br />G8IUll '............. _0lIl AOJUSJA8L( RAU lOM-iJllWllIl'IlllllO)-JI$J
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