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<br />Loan No. .....?,?:1?,2::',l.::~.~......
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<br />ADJUSTABLE RATE LOAN RIDER
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<br />83-005362
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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 />DECR~ASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS.
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<br />This Rider is made this .......?~......m. day of ........,..........~~z:.,........ 19J~2.., 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 "Seeurity Instrument") of the same date given by the undersigned (the "Borrower") to see",,,! Bor-
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<br />rower's Note to '....... ....... ",.................... ,..,... ......m.. .................................. ........ ..............' '.... ..:......... ....,...................,
<br />Jti.J.:l!;;..:t'.~!h'!x.",~.,$.~,y.i.!1g,~,.....ng,..!-.QI!JJ....Al!l!gJ;.ll!,~.tQ.R, ,Q.f".1Jn!;QJ!I~,.I!...1}.ni.!;~!~...?t~.!,.~!".!,?gD~2E.?.t,~!?!'...,
<br />(the "Lender") of the same date (the "Note") and covering the property described in the Security Instru-
<br />ment and located at .l.\U!;..f,r.~!':s:lQ.lj\..RxJy:~.............. ....,...........~);JH\9...1~J,...n!tL,I<~J?X.",~!s'!...~.~~gJ..........
<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.....12~2.5Q,... %
<br />Interest rate changes may occur on the 1st day of ........m.............m......J,UlllL........,. 19..112.. and on the
<br />1st day of .....'..m'm.....m........S~t.emhe.r.,. 19.B.5... and on the 1st day of ......m......m......J;1'e.C.!':w.b.e.L.., 19,Jt?..
<br />and on the 1st day of ..m.......................mM.aI:c.h.......m. 19..BfL 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.m.............Maxch............, 19.!lfL 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) Qg .<\djuatabl.e...Rat.e...!lox,e...::"!:tunthly,...;ue.rag!;L.y.J&1..Q,,,f!J1....u.,.?.,...T.,~I!.'i.\f.,y'.."."""", "..
<br />Securi.til:!>,,,adjJJ.atl:lLtll...a..!;.o.ns.t,ant,,.ll1Jitux.l.t'y.,.Q.t..l,.Yl:ax...g\lQU.~.l1~g...p'y'",~IW...f.~.<I,"'.,i!.J,...R,~~".r.,!~,,!>,<?a rd.
<br />Check box( es) to indicate limits.
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<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.
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<br />(2) 0 If this box is checked. the interest rate that I pay shall not increase more than ....
<br />percentage points on any Rate Change Date.
<br />(3) 0 If this box is cheeked, the interest rate that I pay shall not decrease more than ...
<br />percentage points on any Rate Change Date.
<br />(4) IX] If this box is cheeked, the interest rate that I pay shall never be more than ,..l.J,.'t5.Qm. %
<br />during the period I have my loan.
<br />(5) IX] If this box is cheeked, the interest rate that I pay shall never be less than ...~,.~.'j.Q".... %
<br />during the period I have my loan.
<br />(6) 0 If this box is cheeked, 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 mar"
<br />than m..."....m.... percent on any Payment Change Date.
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<br />The monthly payment amounts will also change on Payment Change Dates as provided in the Note.
<br />~ec:a~ paymen~ c~ges may occur less often than interest rate ch~ges anNor may be subject to certain
<br />limitations descnbed m the Note, the monthly payments may be msutliclent at times to pay accruing
<br />interest. In such case, unpaid interest is added to the principal balance of the Note and itself will accrue
<br />iuterest thereafter.
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<br />Form 843
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