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<br />83- 005209
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<br />Loan No. .....~.4QZ9.::-.k:J.jL...
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<br />ADJUSTABLE RATE LOAN RIDER
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<br />NOTICE: THE SECURITY INSTRUMFJNT SECURES A NOTEW1IICH CONTAm'S
<br />A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE. IN-
<br />CREASES IN THE INTEREST RATE WILL RESULT IN mGHER PAYMENTS,
<br />DECREASES IN THE I1-.'TEREST RATE WILL RESULT IN LOWER PAYMENTS;
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<br />This Rider is made this .......f9.:tA........ day of ........m..~eroer.......m... 19..a3...and is incorporated
<br />into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt
<br />(the "Security Instrument") of the same date given by the undersigned (the "Borrower") to secure Bor-
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<br />rower's Note to ..,.m.......'.. ........m".u........,......m............, m..............'..m..............,......m.......'.......................,.............
<br />fj..r.!O.cf.~s1~XJil.),.. ~,~.y.j.!!&.... ..<\nsl. ..I<9.iln../l.f>.liQ!;J.'A!;J.Q,Q.., !i.e.. .!.J.llC.o.J.ll.,...a..Uni.t.ed,J:;.t.at~J;L,c.llJ:I1At:atJ.D.n....
<br />(the ''Lender'') of the same date (the "Note") and covering the properly desccibed fn the Seeulity Instl'u" "
<br />ment and located at .L,.9.n..~~.&i!L!).r.jJ(!L..mm........" ..m."....m'...flX.'Alllimi'il.l"lld.,...N~,b.r.allka,Jiaa!J.lm........
<br />Property Address
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<br />MODIFICATIONS. In addition to the L'OVenants 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 A~"'D MONTHLY PAYMENT CHANGES
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<br />The Note has an "Initial Interest Rate" OL.mt?,.:42,O..... %
<br />Interest rate changes may occur on the 1st day of .u......m........m.....m.].une.....m.....' 19,85... and on the
<br />1st day of ......m..m,..u....'mm.S."JL~~ll\Re);.., 19.1!.~,... and on the 1st day of .u,...,m'......,.....J),e.c.em..be;r....., 19,85...
<br />and on the 1st day of m...'.........m'.m...mk!al:!;,t\..m'u..' 19JtQ.., 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".
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<br />Changes in principal and interest payments to adjust amortization of the loan. to correspond with
<br />interest rate changes shall be made on the 1st day of ...........,.....'....m......Mar.cD.,.......,...., 1OOn..u and on that
<br />date every ...;:,7::::-:;:::::-.... . 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 />Major Types of Lenders" published by the Federal Home Loan Bank Board.
<br />(2) U M.i~;5,;,a,t>~~..j~.aJ.".,;'.oJ,",.:-: .::t{)1).t,lJ,~y....~V~.,'!,t~..:J.~~ld...{)!t.!J.,.(h..Ir."i!.!},"'.F.Y...,...,....m...
<br />5ec.ur i,!;.t~ILi!!i.i\\g~;;iu.h~L'!...(;Q9.".~,i!g!;...!AAhl!-'H.Y.. .!'i.c.;, j"".....l'.IIR1JJ>.hed...t>.Y...J;b.e....e\'llkr."J..Jl,e.a\'lJ:.v~..aQa rd.
<br />Check box(es) to indicate limits.
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<br />(1) 0 If this box is checked, there will be no maxlmllm limit on changes in the interest rate up or
<br />down. The Preliminary Rate referred to in the Note, will be the new interest rate.
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<br />(2) 0 If this bol< is checked, the interest rate that I pay shall not increase more than ............'
<br />percentage pointa on any Rate Change Date.
<br />(3) D If this box is checked, the interest rate that I pay shall not decrease more than .....'....
<br />percentage pointa on any Rate Change Date.
<br />(4) tJ If this box is checked, the interest rate that I pay shall never be more than ,13..,250,.....%
<br />during the period I have my loan.
<br />(5) tJ If this box is checked, the interest rate that I pay shall neVer he less than ..9..,250'm.... %
<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 Change Date.
<br />(7) 0 If this box is checked, the principal and interest payment that I pay shall not decrease more
<br />than ...........,........ percent on any Payment Change Date.
<br />The monthly payment amounts will also change on Payment Change Dates as provided in the Note.
<br />Because payment changes may occur less often than interest rate changes and/or may be subject to certain
<br />~tat.ions des<;ribedin the Note, the monthly payments may he insufficient at times to pay accruing
<br />mterest. In such case, unpaid interest is added to the principal balance of the Note and itseU will accrue
<br />interest thereafter.
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