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<br />83-fi05644
<br />ADJUSTABLE RATE RIDER
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<br />THIS AD1USTABLERATE RIDER is made this ..1.7.th.. day of. ..............Oc.tobe.t................, i9;i@..,
<br />andisincorporatcd into and shaU be deemed 10 amend andsupplcmcnI thc Mortgage, Deedof.Tfust.o~;
<br />S<<ureDebt (thc"'Security Instrument") of thesall!CdalClliven. by IbeundersignCd(the..~1rOWer.;}1
<br />Borrower's Adjustahle RallO NOle 10 HumE..f.EOfRBl.:~S.IJ.It:rN.GS...&...LJll\I'LgsSflCJ:JJ.ttlJN..DEJ,811\'lll"
<br />...,,~,...-;...................u...........................................,.'..,(tbe "Lender") of the samedalC (lhc "Note") <iiul
<br />pI'(lpeI1)' described in the SecuriIY Insl1UmentandlocatCd at:
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<br />..R"...~.....H.t...J?~lU.;n.,...r;9.iJ;O,....I'ila.tlJ:~""..,.............aet3.2<l.....".,.......................:............................,....;,L.~5...:..i;,2.'
<br />(Property~) .' ...
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<br />The __ c:ontalu provWoPa aIIowiftg Ior~ln the m-..t ......fI_~,...' .; .
<br />'-e".., tM ilonowen I1tOIItttJr ,.,.... wtIf be 1Ilper. II the ~"'!i;~.;< .
<br />.... .... tM ~ IIlOftIhIJ .......... be Ioww. .... ... .... ... . i.'..., ;>
<br />AOOmOllAL COVENA.>n"S. In addition 10 the c:ovellllnt and llgn:emenlS llllIoU! irnheS<<uritYlt1$l1lllllelUii~'; " .
<br />and lAndet flmller rovellJIllt and agree as follows: ' '. " .
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<br />'-"-'.,:>
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<br />. J~_;f<t,
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<br />A. JNTERESTIlAnt AND MONTHLY PAYMENT CHANGES
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<br />The NOte provides for an initial interest rate of ....Lt,.1:i........%. Section 4 of the Note providesfofth.i#'the
<br />in_t rnle and the monthly payments, as follows:
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<br />.t. INTEREST RATE AND MONTHLY PAYMENT CHANGES
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<br />(A) CIwlIe Dace.
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<br />~ in~rest Nlte [ wtil pay may cl1an,e On thc.L~L" ..... day of.. . ..................Qm;.~g.l:..h.. 19..tw.... and.
<br />Olllhat day oflhe ffiO.olll ~r... . ,:.".. .. rnonrhs thereafter. Edeh dale on which my .nterest rlite could cllaqe
<br />it called a "Change Dale,~ rh~ ~,ini"",,'t> rilte CharDed will t>e "0 less than 9.5'landthe
<br />{8l 'l'"he lack.. :n,aXlmum 'tat~ charged ~~ill be no- more than 14-",5l.
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<br />tkgllllUlI.I ....IIh the om Chalice Dale. my IUtuest lale will be b:a..ed 01\ an "llldclL" The Jadu is tile WllClUy
<br />a\'cfll~ )'\Cld on Ullucd SUitS Treuury securiucs ad)uskd lO a constant malunt)' of .... ..one....,......, yea:s. as made
<br />n-ailabk: by lhe Fedenl Re_ &'.1rd The ffi<>>l r~1\1 [ndu ti,ure :waflable as of 'IS days before each Chatlle
<br />DlIte is caile<ll~ ~Cllrrent Ind<<"
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<br />l( the In<kJ. " rA' ,,,n,er available. the NOle Ilolder "'IIi ch".,.e a IIew Illdex whielt is based upon comparable
<br />'ft(orll'llltion. The Note Holder ....,ll gh'c me "otia: "I' '" dlotte
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<br />Ie) ellkullltloa or eh"ld
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<br />Be(ote cad, Chan:c Date. the ~"'e lIolder Will cakuilu" my nc.... IUtUClt rale by addll111 .ft\t\iIL....................
<br />perc..:nulle pOIflU , ' .~l Ie) thc C\lHClll Indes, The sum will be my new
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<br />tnt.e~t fiU(.,. ;' GL.;;f~~~i~-:,,:~ ~
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<br />'-';{~ i'!!:' i.'., t
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<br />"~to
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<br />The Note Holde! wtll lhen delermllle lhe ~nwunt ,'1 Ihe "",nthly p~ym('m thaI would be .ufficient to repay In full
<br />ill< pn.t\("~,~i ! am. c-Apc-acd to Gw~ on ~he tf.-...U\gc Date in ~uh:su.nti;tn,- ~quai payments by tfie: m~turity date at .my
<br />MW intercst nte.. -The Ie~!Jll of thi~ J;.;tku!;1oo,n \\i'iU be the new ,J,nIDUn\ of m_y- monthly payment.
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<br />(D ~ fllut.... Date of Clut....
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<br />My new lllte=t rale will be~Xlme elfeOtVC' on each Cl1A~ Date I WIll pay the amounl of my ~ monthly
<br />~}'ment beClllnUlC on the! it"l monthly pAyment date alter the Change DAle until Ihe amount Ol my monthly
<br />PltYment chlln~ll JllaiR
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<br />(E I Node" of ChaJaec~
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<br />Tbe Note Hoidct "'Ill mall'" delIver to me " 0011<<: before e,u:h Chance Date. fhe nOllte wlil advISe me of:
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<br />(Ii ihe new ."'eml laiC (In my loan A' vi the Challle DiltC:
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<br />(" I the ilffiOum 0' Ill, monml, payme"t followmg the Chal1j;c !laic:
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<br />(ili I any .ddilKlnal matten w!ud1 the Note H~>ld"r l! requlled 1<' disclose; and
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<br />\".! the t.--tie And 1d~ih\...m4~ n~rnb.i:r of a yersvn ~hv ..:iH answer 3n,' qUQlh:.i-n 1 may hav't ~iardmi the
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<br />a OIARCFS; U!NS
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<br />liDiform CO,""lU\nl 4 of lh" Seliumy lr-.strumem ,. amended", Ind ... ,'oll,)w.
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<br />4. ~: l..leaL DOflo_r shail pay all laxes. _C'S1tnenl'" ~nd other charges. lines alld lInp..>>lllons allnbutable to
<br />the Pmpel'tY "'hith may Allam a pnomy over IhlS Se<.'UIllY lnsullmCnl. and leasehold payments (j( ground rcnl!. if
<br />.Ill". in tbe manner proVIded under ""Ulr;tph 2 hereof or. If not pil"! in .ocb manner, by Borrower making payment.
<br />"'ilea ow. diNletly 10 the 1nY<< th~,,:of. Botrc"'er .hall protnJ>lly furnish 10 tender all IlOtKe. of amuufils due under
<br />tills p;lftIft.pl!. ami ill the event Botrowt!t shall make paymeot dtr<<t1y, Borrower .han pmmptly furnISh I<> Lender
<br />~ ~. iudI P'*:nnent.. ~ shall promptly disduuge any lieu wltkh hIlS pnoriry ov.,r IhlS Secumy
<br />IMlRllll!Ilt; no--. ~ sltallliOt be re<l'lIired 10 disdtar~ any such lien $(llont ... Botrower. ( a I .ball agn:e III
<br />"'miA& to the pay_at of l~ ObUl3llOl\ sccwe<l by such l~n III a manner a~puhk t<.) Lender; ( b I ,hall in Ir.)(,d
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<br />8f1111t~MC.__ ADJUSfABU UYE lOlll-(~ Jl(UH!33
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