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<br />83-005077
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<br />Loan No. ..,..:i.4~1.5::"1:::la;....
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<br />ADJUSTABLE RATE LOAN RIDER
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<br />NOTICE: THE SECURITY INS'I'RUMENT SECURES A NOTE WIDCll CON'rAIN'S
<br />A PROVISION ALLOWING FOR . CHANGES IN THE INTEREST RATE. IN-
<br />CItEASEB IN THEIN'l1mEST RATE WILL RESULT IN HIGHERPAYMENTR
<br />DlOC-"'REASES IN THEIN'I"ER'ESTRATEWILL RESULT IN LOWER PAYMENTS.
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<br />This Rider is made this .,...,.23rl'L..... day of .......,..........Sej;ltelIlber:......, 1983...., and.. is incorporated
<br />into and ahall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to. Secure Debt
<br />(the"Secority Instrument") of the same date given hy the undersigned (the "Bonower") to secure Bor-
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<br />rower's,Noteto . .,... ... ..m..... .."" .'..'........ ...... ..,..............,.. '.. .... ..' ......... ........ ...,.,....'....,..............,... .........,...;.on.............
<br />r-iJ:.U...F.l\;!.Ulll...$.".~~.'!K!L!!J),r;I.,.1g!'m..~!!!H?S~!!.ti.9.!l..9..t;...~i-.!1S!?J.t;\~..lI.J}.!1i~.l;.<!..~.~.".J;J;!L'<.9.rn!?r,!l.!;~!?,'l...
<br />(the ''Lender'') of the same date (the "Note"). and covering the property described in the Security Iristru.
<br />ment and located at "~.?:J].JS..!l.y....~.Y.g!1!!.".m..................".....,...".....,.gX.lJ,Qg,.l.~,),lIn!t,...~g!?.r,lJ-!lM...9.~l!Jn..,........
<br />Property Address
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<br />MODIFICATIONS. In addition to the covenants and 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_.J..t,),:&...%
<br />Interest rate changes may occur on the 1st day of ,........................,.....J.u.ne............., 19..85.. and on the
<br />1st day of ..................,...,........1ie.p.tl'.ITJIl.e.r.., 19.1\5... and on the 1st day of .........................D.e.c.emb.e.t:.." 19..85..
<br />and on the 1st day of .,..................,..........I1Ju:c.h........." 19.,!l.fi.. 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 principal and interest payments to adjust amorti~tion of the loau to correspond with
<br />interest rate changes shall be made on the 1st day of ..............,................,/:f.,l.l::l:h........,...., 19,an... and on that
<br />date every ....::=:::::::::.w, year(s) thereafter. Each date on which the principal and interest payment may
<br />change 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 (es) to indicate Index.
<br />(1) 0 "Contract Interest Rate. Purchase of Previously Occupied Homes, National Average for all
<br />!\-IajorTypes of Lenders" published by the Federal Home Loan Bank Board.
<br />(2) KJ M,i~.~,~.aJ).l!L.R.~.t,'!.Ji!'.t.'!...::..l1(),,~h.ll...f1".'?E.!H1~..Y.i~),(L.9."..l!.,.?,...1;x.".!!!!!!XY..m.........,...,-......
<br />Se cu d.tillILJj.9.iH!;.t.<:.~...t!?.A,Sm:~~!;!l.lg... .ll!!!.~.'-'.r.i!;y.uo.f..) .,y!l'.!l.J;..1?!".~U.~,l).~\Lh..!;h!L.Ie,!!!l.r;.lJLR~,~.H:'?~...!l.9." rd.
<br />Check box( es) to indicate limits.
<br />(1) 0 If this. box is checked. there will be no maximum limit on changes in the interest rate up or
<br />down. The Preliminary Rate refeut:-d to in the Note, will bel the new interest rate.
<br />(2) 0 If this box is checked, the interest rate that I pay shall not increase more than ........'...
<br />per<:entage points ()cD any Rate Change Date.
<br />(3) 0 If this box is checked, the interest rate that I pay shall not dec.reaae more than ..............'.'...
<br />percentage points on any Rate Change Date.
<br />(4) 1D If this box is chllCked, the interest rate that I pay shall never be more than ..U~.9.50..... %
<br />d~ the period I have my loan.
<br />(I)) [JIfthill box is checked, the interest rate that I pay shall never be less than ..9...9.50.......%
<br />during the period I have my loon.
<br />(6) 0 If.thls box is checked, the principal and interest payment that I pay shall not increase more
<br />than ..........,........ percent on any Payment Change Date.
<br />(7) .0 If this boxiachecked, thll p~pal and interest payment that I pay shall not decrease more
<br />than.......,..,......... ~oJ:lany Payment Change Date.
<br />ThemonthlY{lll~tllDlOOl1ts will also. change on Payment Change Dates. as provided in the Note.
<br />~ ~~ ma.v occur less often than interest rate changes and/or may be subject; to certain
<br />limitatiolla. . . . .~. 'in the Note, the monthly payments may be insUfficient at times to pay accruing
<br />inteJ:e;;t. In such i:alle, unpaid in~ is added to the principal balance of the Note and itself will accrne
<br />intereet tlreNa.fter.
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