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<br />Loan No. ..m.?f!.?n::l:::1!L.
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<br />UNCtlIN
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<br />ADJUSTABLE RATE LOAN RIDER
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<br />83- 005310
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<br />NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS
<br />A PROVISIONALWWING FOR CHANGES IN THE INTEREST RATE. IN-
<br />CREASES IN TmJ'INTE}tESTRATE 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 ,.,.J.UtiL...,..... day oL......~.P.W!!P.ilL.mm....m' 1R.e}.., 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 "SeCt1rltylIistrument") of the same date given by the undersigned (the "Borrower") to secure Bor-
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<br />rower!s' Note to ...........m......m.........'..m.............,........,............................m'...,......'.......m.......m.............",................
<br />,~~.:.~~..!.~~~?:~,~~.~~~~~!',..~~~..~<:>~~..A~,~2f,t~!:~!?E..!?f...!,,~.~!'.9.1!}.>...~..!l.~g"',~;..~!:~.t~~U~!?!P.9.E~.~J'!!},..
<br />(the "I.ender") of the same date ( the ''Note'') and covering the 8ropertl described in the Securitg;IJistru-
<br />ment' and located at .,~,~'O'?,.~!?Et!1..~f.!'y"'!.t"'..........m...'..',.,"',..,..,E!'!!.~....,!'!1.~~!!>....J:l~!?E,~.~.~?..~.?."g1,......,..
<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
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<br />The Note has an "Initial Interest Rate" oL.....J.Z,.'z,:;.Q... %
<br />Interest rate changes may occur on the 1st day of .................m......mmJaJ;l.\ulJ:ll..m' 1R..t\,5., and on the
<br />1st day of.,............mm.m..m...~.P.J:il.........., 19J),:'L and on the 1st day of m.......................JulY-m........' 19m85.
<br />and on the 1st day of m..............m..m,mmQ\:J;Q.b.eL..., 19...1),:;.. 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 t<l correspond with
<br />interest rate changes shall be made on the 1st day of ...............m..,...,m..mQct.Qber...,...., 19,1li.. and on that
<br />date every ....::"==:::.... 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) 119 ,MJ.v.~J;*J?1,~.,K~!;~,.J:!!?&L:-...MQp..th!y....,w~J:*g~..y..iJ!.1,4,,g.n.JL"f?,...'KJ:J:lA~ln;Y.....,.,............,.u,u
<br />s ecurit.~IMt,J\SjjJ.1.l;..~~!J....!;Q.,*...S;Q!!,!.,~.<\!!J;..J!\{!!;yJ:.t!;y...!?,L.;Lmy.~~.r...l!YRJj.~b~9...bll...t;hlLI.e.de];a1.,.Re$,e.1:lIIL.5.Qa rd .
<br />C heck box (ell) to indicate limits.
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<br />(1) 0 If this box is checked, there will be no maximum limit on changElS in the interest rate up or
<br />down. The Preliminary Rat~ referred to in the Note, will be the new interest rate.
<br />(2). D. If this box is.checked, the interest rate that I pay shall not increase more than w,,'....non"'"
<br />percentage points on any Rate Change Date.
<br />(3.) D If this box is checked, the interest rate .that I pay shall not decrease more than m.......m.mn'
<br />percentage points on any Rate Change Date.
<br />(4). aG If. this box is checked,. the interest rate that I pay. shall never be more than ml~A.9,5Q.... %
<br />du~theperiQdlhave my loan.
<br />(5) IXJ If this box is checked, the interest rate that I pay shall never be less than ...9_.950,.....%
<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 '..n............m percent on any Payment Change Date.
<br />('1). 0 If this box.. is . checked., . the principal. and interest payment that I pay shall not decrease .more
<br />t/lan :..,.............n.. p~t on any Payment Change. Date.
<br />Them(lDthly J'lliWlent amounts willlllso change on Payment Change Dates as provided in the Note.
<br />8ecause:p,aynlElntchangesmay occur less often than interest rate changes and/or may be subject to certain
<br />limitl!ctiOWil deBl:rilKm in the Note, the monthly payments may be insufficient at times to pay accruing
<br />intel1egt. l11i8l1cl1.case, unpaid interest is added to the principal balance of the Note and itself will accrue
<br />interest thereafter.
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