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<br />n,0,24601--8
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<br />ADJUSTABLE PAYMENT RIDER
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<br />83":';"'1105776
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<br />THIS ADJUSTABLE PAYMEJ\'T RIDER is made this 71',to, day of.. .1.)I'):.<1I;l<;>/",......... ,
<br />19 . i13 , and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to
<br />Secure Debt (!he -Securiry InstrumenC') of the same date given by the undersigned (the "Borrower") to secure Borrower's
<br />Adjustable Payment Note to ,.Tower .FJuflflc ;;<1.,.. !!'.c...... ..............
<br />(the "Lender ") of the same date (the "Note ") and covering the
<br />property described in the Security Instrument and located at:
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<br />. ?~.1}, ~':~.F;~ r)Y+~~p'lh. ;.r,Bt}(}. J&li;1'pr.~ .~r..tJ:~1~ka. .f?fFfU .
<br />(Property Address)
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<br />The Note Contains Provisions Allowing For Changes In The Interest Rate And The Monthly
<br />Payment And For Increases In The PrIncipal Amount To.Be Repaid.
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<br />The Note Also Provides For Calculations Of Two Separate Monthly Payment Amounts; One
<br />Wilt Be The Amount That The Borrower Must Actually Pay Each Month. The Other Will Be
<br />An Amount That The Borrower Would Pay Each Month To Fully Repay The Loan On The
<br />Maturity Date. This Means That The Borrower Could Repay ;\fore Than The AmountOrig-
<br />inatty Borrowed Or That The Borrower Could Repay The Loan Before The Maturity Date.
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<br />ADDITIONAI~ COVF:NA1\'TS. In ::.ddiunn h-l the. I..-u\'~nan{s and agrecmems made in the Security Instrument. Bor~
<br />rower and Lender further ..'~}\'~nant and ;l~n'e: J,'I tllllnw"
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<br />A. INTEREST RATE AND MO!'.THLY PAYMENT CHANGES
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<br />The !'~h)fC provides ft)f an Jnma! mlCreS[ rale- ~,f 11.....:~eLg Sel'twns 2, 3, ..L .:\ ilnd 6 of the Nllle pnn..'Jde for changes in
<br />Ihe interest rate' ;.md the mnllf.hly payment\,.. :":L'\ to!lO\~."\
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<br />-2. INTERFSf
<br />tAl Ink,..".. 0..""
<br />interest WIll he .:har~ect on lhal pJ.rt \)1 pnndpal ",hldl hJ~ not ht.'.:n raId Interc:--.t will bt..~ t.'harged hegmning tln the date
<br />l)t IhlS Note ..md ,,-~nntmumg until rhc tull ..1ii1uunt pi pnm.'lpai ha~ ht.'en paid. 11 .
<br />Be!lIODmg on the date ~)f ;.hi'\ ~n{c. I \,..-iIi (IW(' tfileresl at J ~-early nne \11 ;'~ The EHe of interest I WIll owe will
<br />l'han.ge on the hrsf day of rhe month ill ;,.. J':i ,md p!1 that day t<...-~ry hth month thereafter. Each
<br />..:tate on whkh [he ratc Gf mlerc~t l.uuld ,:hJll~(' f" ,-'"died ~H1 'Interest (-hanp.c Date. The Ol''^' rme of interest will bee-orne
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<br />>.:ffec-tlvc ~m C.lt:h intcrc~! ... 'hJ.n"H.~ Dalt~ '. I-J r:' r r
<br />IBI The loon
<br />Any changes In the rare ('II tOlen''!.! 1A Iii be ba,,~d 'On changes In lhl' index_ fbe "Index IS- the weekly ~!ut:u\m a\i~rage rate
<br />1m l~nH-eu States Tre-asury (1tib ....nh <-~ malUfHj pI n months, LL~ nude ;.n-ali~lbJl' hy the h:deraJ Reserve Board,
<br />If the Index ,.;. 1-11~ hmg-cr ,ij'idliabk, the ;-,;,\tt: ih\lder \\.IH I. htK'''C .t !ll'\\- IrH.It:-' \\ hh..'h ,... b;J~cd upon I.:omparablc infnmlauon.
<br />"f1\e Note Holder \Ii ,ii giH.' me il;:'J.!Kt' PI thJ~ ..:hUh..-t;
<br />n\e nh.~t rC~l'ntly ~t\<2tlahk' lfhJ<::\ !\gtHt:" d~ I'! lOt' d..tt' 4:' t.l...i\~ bctnR' t.'a-\:h InltH.'sl ('hange Dalt: 1:-> \"'allcd the "('unent
<br />Index. ~.
<br />IC) Calculation "r In_ Hate ('~
<br />Before each lntt'"~-Sl Chan~c Date the ~-Ott' Holuer '\.>, dl ,,' ..kulatt" H)} new rate of mt-cn:~l hy adding i. {.. .':;.t'
<br />~n."entagc pOInb f ~ {.~~.f\ {~) fl., the- t'UfTt.'Ht ind~\ Tht'> \\)h..' f-h.lder \.\olii [hen round the result of thi:;. addition to the
<br />neatf's.t one~tg.htn of (me pen.:cnlJ.gc p(~mt (0 i 2Y-;'1 nti'i fttunued amount Will ll\~ my nt,.'v. rUle 01 inlC're~( until the ncxllnterest
<br />Change-Dak, ::-XC("Tt th-<:H t~'f .!xh,ur, !~:b'n."!d_ ~''':~!;' ct'.:H"Jf'P sb.dl lint: t-'::-~Cl"('r! l~.{,lqn/':~
<br />(0) 11Ik"'" Aft<< Defllult
<br />!be rate of mkft'~( rcqum...(i h) thl~ St:;:thJO ..: ;~ thl~ rat!: 1 will \lW~ both hcton: ~mu 4hcr an) Jdault dc~\.'nbeu 10 Sectlon
<br />'1(6, below,
<br />3. CALCIJLU10N Ot. AMOV"'TS 0\\"1,;)) EACH MONTH
<br />TIle Note HoJde-r \loW c-akulat~ my fllH MonthlY Ari}vUflL Thr 'FuB \<lunthly Amoum'" i" the amuunt. of tht m-onlhl}
<br />payment thaI wouid hr: s-uHictent to repa) tht' unpatJ pnncipal balarK:c pf my Juan Hl fuB at the rate of intefCst I
<br />a.m required to pa, hy St"l..'tlOOllo ::,A' ~md 2tCl atllJ\'t.'" Hi. sub!\tilIlti-aily equal p..'t~'nlCllls on ;f('YL'ntcr. tst
<br />10 i"3 \\tlli:h)~ \:a.Heti the -'matunty Jail,"' \t}' hrSl Full Monthly Amount IS C S_ $ 4t;;1...J) Bdon~
<br />eiidJ IntereM Chang-\: Date, the ~OlC HolOi."f wtlh:a.kuia!t:: the n~"-' f'uB \-1omhl~' Amuum \-\,-lll....,h I l,qH O\\t: t':aL'h flllHUh begmning
<br />un the tirsl monthly paynl4:fH dale -iftcr the ImCtC'il Changt Dau:
<br />Fht FJt11,\{vnJnl) Amowu j ,-n\(' n!.lJV ih' nw!y <'I h:,\'\ ;hll.fllht- amo,~1!l1 am rnluin-d lu 1't.H t"'w'h mt'l1ih_ ,)'I:"( Nun 4 hdo\\
<br />:,'ates /hr- ~ i:~r my morllhi) pd~'li'U'-'sr ami .nO\\--!l "nil i IlU11~t SediOlt 5 bdow dt'j,crt/~J ho.,.,/ "n- unpf.wi prmnpd.i bdialll. t:'
<br />~lii dkmgt' if flit: tJ-tn(~t of Y!h' m,muhh' puymou ;.iNti (hi: fuli ;Hf.HUill\-' AmnufH UTe- difji:'rnJl
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<br />shall not ci':c{'e{.! LLf)l}C;,__
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<br />.. PAYMEl'l"TS
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<br />!A) 1\mc .... PIMo> of Pa,-
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<br />I will ply t--~if)1ll itJiU 1-~st b} HHiAtn.g pa}l.nCnb l.:\"cry mouth. My In\mthly payments "-Ill be appited to mteresl
<br />;"'1,,,,, pOn.:'l"'l.
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<br />! will ~ lli) munthl)" P"")'n:lc"ffb un the- hht d.a~' tit" ea,h month hegurnmg lm 1'..uCt ,,~;:A>o r 1 ~ t
<br />19 f3- 1 ~'iU mak.e ~ paYrlK'ots CV(:T)-' IIl\.nl:Ul 'JutIl f haye puid aU the prifk:ipal and intej\"~l ;,tnoj any ()~hCf fhaQ!:C~
<br />dek-ri.bcd --bc.k!~ that j nUl.} ow..~ -afu:kr tlu:!! Note., !f i s.hH t_~Wt i;I.Ul'OUUl.1i I,Hl<k"r tb!~ Nnk -t'1!l the m~.U.un!; J>iic, 1 ,",.lil pa)-
<br />tbt~ ~l4 in full ("to ~ dale- Tbo!\oC Wli{JUQb. ~uuW be ~It':~te'r than Uk; ..unuuU1 t't frl.' b_.:'l-1 monthly p"ymc11-r ht-JOft': the
<br />''*''Pl} ~.
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<br />AOJUSTABLE PAYMEHT RIDER - Slngle Fam.ly ... '2'lll ~- FltMAlJnItofm 1tIlltn.!mM1(1'I.... 2'*0. A.m.)
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