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<br />Loan No. .....,~_~29,~,::!.::1l!....
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<br />83';;;;"005047
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<br />ADJUSTABLE RATE LOAN RIDER
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<br />NOTICE: THE SECURITY INSTRU1VlENT SECURES A NOTlSWmCH CONTAINS
<br />A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE. IN-
<br />CREASES IN THE INTEREST RATE WILL RESULT IN HIGHER PAYMENTR
<br />OECREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS.
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<br />This Rider is made this ,.....?~l>!:..,"w. day of .......h.~..............., 19.~.3.h" and is incorporated
<br />into and shall be deemed t<> amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt
<br />(tbe"Seeuritylnstrument") of the same date given by the undersigned (the "Borrower") to aecureBor-
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<br />11~~.~~~~!.~:~::~:~~~~:~::~~~:::L.~~~::~~~~~5:r.~~!:~:~:::o:(q::r;c:~~~:;:::a:::~:r;f~~~:::$:~~E~:~:::~~:~P:?~~EE~:::
<br />(the "Lender") of the sa~e date (the ''Note'') and coxeririgtheRroperrdellCribedintheS~Iristro-
<br />ment and located at ...3.o.~....~.~s..~,.Ea.p.~t;~,~,.,~::~,::~~, ..,~,3.1.,.........'".r.?tl~.....s..Lf'.":'1.L~.~.~r.f'f'.~..~~,..o.L......'
<br />Property Address
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<br />MODIFICATIONS. In addition to the covenants llnd agreements made in the Security Instrument, Bor-
<br />rower and Lender further covenant and agree as follows:
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<br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES
<br />The Note has an "Initial Interest Rate" oL.....q..J5.ll.,. %
<br />Interest rate changes may occur on the 1st day of hh..'................. h,...}~mL.......h' 19..J}.?. and on the
<br />1st day of ..,......,.......'..,h'h'.S'~I'.;,e.lIl!?<'.r,. 19..8.2.. and on the 1st day of ..h.......h.h...'.'...Q~~'))R!:!\\F..... 19,J??..
<br />and on the 1st day of ,...,hh....."..h......,.,.Jl",c,c.!>......".. 19...i;l.~. and on those dates of those months in every
<br />year thereafter, Each date on which the rate of interest may change will be called a "Rate Change Date".
<br />Changes in priricipal and interest payments to adjust amortization of the loan to correspond with
<br />interestmte changes shall be made on the 1st day of .."u.u_..,.....'uuu.m."J!!X.C.tLu,.._.w. 19.!H!,., and on that
<br />date CV&:y ..u::::::::::::::::..._ yellr(s) thereafter. Each date on which the principal and interest payment may
<br />change will be called a "Payment Chal1j(e Date",
<br />Changes in the int~rest rate are governed by changes in an interest rate index called the "Index".
<br />Check box (es) to indicate Index.
<br />(1) 0 "Contract Int",.rest Rate. Purchase of Previously Occupied Homes. National Average for all
<br />Major Type!! of Lenders" published by the Federal Horne Loan Bank Board.
<br />( 2) ~ . ~d.J:>.,!,t,"~L~ .l{" ~ ".N"t" ...~. .~on t. h.l"l .." "e .r:'.,?,e... 1i.e. ict, .,~).(l.. cu'. ~.~...~ r" .",8,,,':,v.,........ .... m.... ...
<br />See ur.tt.t!t!iL'!9.1!!!l.I;.<:.4 ..H?,."..,;;!I,9.~,i!n\',._'!H\,I;)I_r.HI...9L.J....il:.iH...lH!.~.U1!iJl'l;l..iu:,--,.h\':nof;:.r.l.\:J;Il.t..Ke.~X.v.\LllQp rd.
<br />Check box(es) to indicate limits,
<br />(1) 0 If this box is checked. there will he no maximum limit on changes in the interest rate up or
<br />down. The Preliminary Rate referred to in the Note. will he the new interest rate.
<br />en 0 If this box is checked, the interest rate that I pay .hall not increase more than ...mu.
<br />percentage points on any Rate Change Date.
<br />(3) 0 If this box is checked. the interest rate that I pay shall not decrease more than u.'.,.'uu
<br />~tage points on any Rate Change Date.
<br />(0 !Xl If this box is checked, the interest rate that I pay shall never be more than ..J...3.~95o..... %
<br />duriri& tOO period I have my loan.
<br />(5) lXlIf this box: is checked. the interest rato that I pay shall never be 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 increlll!ll more
<br />than .....u.u....,.,.., percent on any Payment Change Date.
<br />(7) O. If this box ill checked. the priricipal and interest payment that I pay shall not decrease more
<br />tbalI ......_..~........, ~ on ll.llY Payment Change Date.
<br />'I'be monthly payment amoonts will also change on Payment Change Dates as provided in the Note.
<br />~~paymen~ ~ may 00CUf 1_ often than inte1'e8t rate chaJ:1ges an.d/or ma~ be subject to ce~
<br />!inUtll.tiou delK:ribed m th& Note, the monthly payments may be insuffiCient at tunes to pay accrumg
<br />mt:emJt. Inaueh eaae, unpaid interest is added to tOO principal balance of the Note and. itself will. aocrue
<br />intelest thereafter.
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