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<br />Loan No. wm?~9.Q,3:::1::1.a..,o
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<br />I.INCOlN
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<br />ADJUSTABLE RATE LOAN RIDER
<br />83- 005274
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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 PAYMENTS.
<br />DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS.
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<br />This Rider is made this ,.m}!Jtt1.,,,,,,., day of n"".,~P!,~n."nnnm." 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 />(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..,..mnnn...m.mn.........."nn."nnm.mo.n..,.,.,.n..n"m'n,.n"n,..mn"..nnnn..o.,....mh,.,nn,no.,.nno.O,...O...
<br />nfJE,~,;,nF.~!!~E?:~o..!?,~,y'~!}g,l:l.,~?!)!!,.'~??!)nA~~Q~J.?!;!9}L!?.LJ.,j,.~".9.J,!J..'m"'n!J].).:!:\:.~!L~.t",,~gJLC.QhP:Q.J:aUQ.~,.o
<br />(the "Lender") . of the same date (the "Note") and covering the property described in thesecuntylnstr1i-
<br />ment and located at n}Ll,?h,!f9,9J!E!!!-.K~.,.w.......h."'.m .'n'..,n"nmn.,G.nml!...b.lJUld~,Jigjll:aaM.,oB.8.0~'.nh.....
<br />Property Address
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<br />MODIFICATIONS. In addition to the covenants and agreements made in the Security Instnnnent, Bor-
<br />rower and Lender further covenant and agree as follows:
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<br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES
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<br />The Note has an "Initial Interest Rate" oL..."U,,~,:).(L %
<br />Interest rate changes may occur on the 1st day of .",mn"nnnWm....o...'JUne..'.n.nm' 19n85.. and on. the
<br />1st day of ,..'...n..'''''''mmmnm$,~l!.~.~.!ll!1llx., 19..1;1,:;." and on the 1st day of "nm.w.o..",nmnnaceJJLber:m, 19.,.8.5.,
<br />and on the 1st day of m.mmo.m..""..mnnnMlIX,C;,(Lmm., 19,.B.Qn 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 .nmm...o...,.,...n,.nnn.tla);clJ..".""...., 19,80.n and on that
<br />date every "n:~::::::::::::::...' year(s) thereafter. Each date on which the principal and interest payment may
<br />change will be called a "Payment Change Date".
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<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.
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<br />See ur~!;,~,i:',~~~.~~~~1~i~::~~~~~~\~~1:::.~~~~i{f.i::.iL~:i:~::'~:'~ti::'h:.:::g;:~~~~:~~:~:'~~i:i~~~~;~::ii~~rd.
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<br />C heck 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 referred to in the Note, will be the new interest rate.
<br />(2) 0 If this box is checked, the interest rate that I pay shall not increase more than ,,__..m..'.u..'.'
<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 m........'un.'.'
<br />percentage points on lUiY Rate Change Date.
<br />(4) 119 If this box is checked, the interest rate that I pay shall never be mars than ".1.3.,.9..50,...,%
<br />duringthfilperiod I have my loan.
<br />(51119 If this box is checked, the interest rate that I pay shall never be less than .,.9.,,9..50,...0., %
<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 increas.e more
<br />than ".'..'.""',."n. percent on any Payment Change Date.
<br />(7) OIfthjsoo:x;is chllCJ.red,ths principalandinterestpaymsnt that I pay shall not decrease more
<br />thai). ",:"'''''''''''''''. p~ton any l'a.yment. Change. Date.
<br />ThslllonthlY payIllEmtamounts will also. change on Payment Change Dates as provided in the. Note.
<br />Becausepayment~es may occur less often than. futerest rate changes and/or.may be subject to certain
<br />IiniitatioIllldescribed in the Note, the monthly payments may be insUfficient at times to pay accruing
<br />interest.hplUch case, unpaid interest is added to the principal balance of the Note and itself will accrue
<br />interest thereafter.
<br />)'ozni 863
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