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<br />Loan No. m,..Y~,:t~?::!:J.!L.
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<br />ADJUSTABLE RATE WAN RIDER
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<br />83-005032
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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' INTEREST RATE WILL RESULT IN HIGHER PA YMEN'rS;
<br />DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS.
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<br />This Rider is made this ...,..,..~!~!=-.....,. day of ....~mm...m..m..., 19.~}.., and is incorporated
<br />into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt
<br />(tbe"SIleurity Instrument") of.the same date giVlll1 by the undersigned (the."Borrower") tosecureBor-
<br />
<br />rowen Note to ,..ou.,........................................................'....'m'....,.,...."....,.......m......m'..................,.......'.................
<br />.. F.u:lIh,...f.t:lIJU".lIJ...IlJjY.1.D&JLll!llL!,9.RII..A!!~!l...+.J!);.tQP....Q!....I"J;,!~9.J.'.I..1..~.Jl.!!g~.g,,'g~J.~!LS.9.tl!QX.~.!;!2P.;,
<br />(the "Lender") of the same date (the "Note") and covering the property described in the Security l:nStru-
<br />mentand located at ....~,Q(L~JUll;,j!lI!\llf:.l;....m.................m.........m..'\!.r"!\Q,..J.d.!\!ig.....N~k.r.~.!lk;!...9.!!!!Q.L......
<br />Property Address
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<br />MODIFICATIONS. In addition to the covenants and agreements made in the Security Instrument, Bar-
<br />rower'and Lender further covenant and agree as follows:
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<br />A. INTEREST RATE AND l\10NTHLY PAYMENT CHANGES
<br />The Note has an ;'Initial Interest Rate" oL..m.1L25Q.. %
<br />Interest rate changes may occur on the 1st day of ..m..mm.......m....m...,:Lu.ne.........., 19mJI5 and on the
<br />1st day of ...,...m......................5..p'..mb..r, 19..,85. and on the 1st day of .m......h...............D.e.ceml>e.I:., 19....85
<br />and on the 1st day of .....,..........h.h.....'....hMa.l:c.b......." 19....86 and on those dates of those montha in every
<br />yearthenlafter. Each date on which the rate of interest may change will be called a "Rate Change Date";
<br />Changes in principal and .int.erest paymente to adjust amortization of the loan to correspond with
<br />interest rate changes shall be made on the 1st day of ..m..,...................".....MaI:ch.........., 19...86. and on'that
<br />date every ......=... year(s) thereafter. Each date on which the principal and interest payment may
<br />chauge will be called a "Payment Change Date".
<br />Changes in the interest rate are governed by changes in an interest rate index called the "Index".
<br />Check box(ll6) to indicate Index.
<br />(1) 0 "Contract Interest Rate, Purchase of Previously Occupied Homes, National Average for all
<br />Major'I"yp8s of Lende:rll" published by the Federal Home Loan Bank Board.
<br />(2) Cl .. MJll.ll.tah.l.t:t,.Rau...Npu... ::..IiQlilll.ls... il.Y.e.r.lWI..:yj"f:A.'L.Qfi.JJ...SA.,.T.J:l':/J.$.v..r-Xn. .." .... ..............
<br />SecurLUe8...ad.j~..,t,~UU;.o.nllU.nt..,_t.ul;lU...Q,Ll..y.\U\L,~mbl;\J1b;:li...9,y:,..tlle....f.t:l1.e.tl\.t.Re.lillX.Y.e..Jls>a rd.
<br />Check hox(es) to indicate limits.
<br />(l) 0 Ift.hilIbox is checked, there will be no maximum limit on changes in the intereet rate up or
<br />down. The Prel.iminary Rate re{"rred to in the Note. will be the new interest rate.
<br />(2) 0 If thill box is checked, the interest rate that I pay shall not increase more than ..'...P'P.,.......
<br />percentage points on any Rate Cluinge Date.
<br />(3) 0 If this box is checked, the interest 1'8te that I pay shall nQt dect'el!S8 more than ..m....n........'
<br />percentage points on any Rate Change Date.
<br />(4) ex If this box is checked, the interest rate that I pay shall never be more than .....1.3..95.0...%
<br />during the period 1 have myloan.
<br />(5) [lU this bolt is checked, the int.ereOJt 1'8te that I pay shall never he less than.,...9..951L. %
<br />during the period I have my loan.
<br />(6) 0 If this box is checked, the. principal and interest payment that I pay shall not increase more
<br />than ......,............. percent on any Payment Cluinge Date.
<br />(7} 0 Utbis box is checked. theprindpal and interest payment that! pay shall not dect'el!S8 more
<br />thu ......,....u..,.... ~t 9l1. any Payment Change DIlte.
<br />l3<<'ll.. . ;ne.... . ~thly~t lIDlOUD1$ wiIlalliochange on Payment Change Dil.tesas provided in the Note.
<br />.~....~ may occur 1_ oitw than. interest lll.te changes and/or may be subject to certain
<br />limita~ _~in the Note. the moothly payments !WlY be .insufficient at times to pay accruing
<br />interest. In su.cb case, unpaid interest is added to the principal balance of the Note and itself wiIlaccrue
<br />inteufi thereafter.
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