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<br />Loan No. m...51.611..,..bl..8...,.
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<br />ADJUSTABLE RATE LOAN RIDER
<br />83- 004944
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<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 Iro.'TERESTRATE WILL RESULT IN HIGHER PAYMENTS;
<br />DECREASES IN THE lNTEREST RA~WILL RESULT IN LOWER PAYMENTS.
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<br />This Rider ir< made this. .~~t:h., ... day of ,''''''''~~'''''''''''''P'' 19..8L, and is incorporated
<br />into and shall be doomed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt
<br />(tlul "Security Instrument") 01 the same date given by the undersigned (the "Borrower") to secure Bor.
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<br />rower's Note to P." ."",.' "P."..."......"M"........"........ ,..........uu......................................................
<br />. .nr.II.L!'!l!i.~.l:lH. J'loX!II&\l...,~J)4.. ..\.Qi!!)..j\:Hi;?,<;J3U.t9JL .\>J..;.J.(W,Q.tl>..,.a..UAll:.~d..;ita.ts:.s...I::OXPAJ:aU.Qllm
<br />(!ha "Lender") of the same date (the "Not<l") and covering the property described in the Sec1Iritylnstm-
<br />mant and located at u.lLl~...Q,r.e.IlJ;)i.QQ,L.., "u"uu .."..G.rawL.lldawi...llAbr8sJl:.iL68.8.UL........
<br />Property Address
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<br />l\IODlFICA l'ION8. In addition to the covenants and agreements made in the Security Instrument, Bor.
<br />rower and Lender lurther roVl'nllnt and lljUt'e as follows:
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<br />A. INTERI-:ST UATE AND MONTHLY PAYMENT CHANGES
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<br />'The Note has an "Initial lntcr<>!t Rste" ot. ..;..:...:3U... %
<br />lnleret!t rllte chang'''' may ",."Cur on the l"t day of ' . ....lUIle............, 19..8.5.. and on the
<br />irt day "I .. ....'i",>UllIbe.r, ;9 8.:". and on the 1st day of. ..."......mu'O"c.a.u>be.:..', 19na.:i.
<br />R"d on the IJlt day of .. ... ..,....,,~a.r.c.rL.... 19...au. and on !hose dates 01 those months in every
<br />reMrherealter. ElIch daw on whkh tly, mte of interest may change will be called a "Rate Change Date",
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<br />Changeol in principal and .ntere!!t payments to adjWlt amortmtion 01 the loar '0 correspond with
<br />interellt rate chang"" shall he mad.. on the 1st day of ........."""........,....,;1"-'''--''....."., 19.ob...llnd on that
<br />date OW'1t'V ........ y"arto) lhereaft"r. Each date on which the principai and ILterest payment may
<br />lChanp will be calloo a "Pny-nwnt Change Dill,,".
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<br />Chall~ in the int.eN'lit rate am g""..rn,,,j by dmnll"" in an intert'!!t rate index l'SUed the "Index".
<br />Check 1>1)"("') to indicat" Ind<!X.
<br />(I) U "C_tnct lnt..._t nat". Purc~ 01 P"",joWlly OCl-upioo Bamell. National Average for aU
<br />Major 1)~ of UmOOrs" ImblWte<1 by the FOOer>l1 Home Loan Hank Board.
<br />(2,) :\4j~t~_~? yL~;,_ A\'i_t,~~_,.~~q~ ~ ~f))~~t_1~tr..;t, !~t.t:~'J~~~,.J.t~J5t. QJ).>V<..,;i,;.,J:E-:gn.$.\H~):m
<br />J~P< ~_ ,~;;'9J1~.~~_H.~., ,.\~lt;y"rJ._kr _,,;~_L,.L ':L~:J.X._.>iUl.b,iJ,_aile-4.~..ZlI'.^ < .c..tt\L__f cslttt-a..l.~_Jie.ae.r.v.e..Ji1J:.a rd .
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<br />Cbet.-"-k bw:'ti,l'$} tn b.,d;~t0 lin:dt~.
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<br />(J) LJ U Uili; box i~ dmcKOO. them ",m bu no maximum limit on changes in the interel!t rate up or
<br />down. Th.. Prelimina,ry Hnte r.,rl'm,d tn in the NOh'. w,lI be the new inter....t rate.
<br />(2) D If this box L~ dwcked. th.. interest rat.. Ihllt 1 Puy <<hall not incn"-'ile more than ,
<br />pert'('ntsg" pointA "n ilny Hat" Change Dllte.
<br />fll) [J If thl~ box ;3 ch""ked, the .ntere;;l. rate that I pay .hall not docreallC more than H
<br />pe.rcen\llgt! points on any Hute Change Date,
<br />(,,) {Xl If tbiil (>ex ill checked, Ihe .ntere&t rate that I pay .hall nfJ'Ver be more than ..1l~951.L.. %
<br />during ~ 1>l!\riQd 1 haw my 1Q1lQ.
<br />if>) fX! If tbitI bo" is dlll..,koo, the inWmit rate that 1 pay shall n(!V"r he less than ...'l.95iL.... %
<br />during the period 1 ha.... my losn. -
<br />HI). [} If 1m. box is chl;ck,'(\. tbe principal and inte_tpayment that f pay .hall not increase more
<br />than H'.. ~t On /lny I'llyment Change Date.
<br />(7). C U tbitI box is checked. tlu> principal and intere:!<t payment that 1 pay .hall not decrease more
<br />than ................' ~t on MY Payment Change Oat.!,
<br />The _thIy payment amounts willaltlO change on Payment Change Oates l1lI provided in tlul Note.
<br />~_ payment change&may OC'C11t less often than intere.>t rate dlllnge. and/or may be subject to certain
<br />Ilmitatiooa deecribed ill the Note. the monthly pavments may be insufficient at timea to pay accruing
<br />intemlt; In such _. unpaid. int_t is added t-o the principal balance of t..1re Note and itself will accrue
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