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r ADJUSTABLE RATE RIDER 83-005833 THIS ADJUSTABLE RATE RIDER is made Ihis ..26th. day of ............Ds::.tob.er................... 19.,...BA and is ineorporaled into and shall be deemed to amend and 5upplemenl Ihe Mortgage, Deed of Trust. or Deed 10 SeaIre. Debt (the "Security Instrument") of the same date given by Ihe undersigned (the "Borrower") to seeure Borrower's Adjustable Rale Note to i:lQr9E...EillEBAL....'iI.\\llNG5...&..LQIlJ\l..Il.'iSOClllllDN...Qr-:...GflJl.NQ...lSLJ.\NO;.... ................................................................................... (the "Lender") of the same date (the "Note") and covering the property described in the Security Instrument and located at: U19..L...Sto.lle.y...ea.rk..RQaJd...G.::ar.u:i..lslilf.\d...l~etu:ask".......5B.801.............................................................. (PrOj>8l1y Add.-) The Mole contelne provi.ione aJIowtng for c:tIangM In the InterHt rate. If the Int_t rate Incf....., the Borrow.,'. month" ~ta wm be higher. It the Int...... rat. dec:f&..... the Borrower'a month/J ~t. will be Ioww. ADDITIONAl. COVI!NA."lT$. In addilion 10 the covenant and agreements made in the Security Instrumenl. Borrower and Lender further covenant and agree as follows: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The NOle provides for an initial inlerest rale of ,..))"..7."'.. ...'Ib. Section 4 of Ihe NOle provides for changes in the intereSt rate and the monthly payments. as (allows: ~ INTEREST JUTE .4ND MONTHL r PA rMENT CHANGES (A) C1Jaqe Dates The inu:rest rale I Will pay may change on the .. .....,.~..'.... .. day of ...P.\l.(;[;IT'J;g:eL....... ............ 19.~~...., and OD that day oflhe month every , .. months thereafter. Each date on which my interest rate could change is ca.Ued a "Chanae Da~o" ftip :ninirnurn rate L-"haICled will be no less than 965~ and the (B) The Iadex ':laxirnufP rate cilarc.ed to,1ill tJ2 no more than 1.tL5%. Becinntng with the firsl Change Date, my imerest Tale will be based on an "Index." The Index is Ihe weekly average yield on Unlled States Treasury securities adjusted", a constant maturity of ..........'!.mL........ years, as made available by the Federal Reserve Board. The most re~nt Index figure available as of 45 days before each Change Date is called the "Current Inde...." If the Index is no longer available. the Note Holder will choose a new lOde... which is based upon comparable information. The Note Holder will gIve me nou~ of liS choice. (C) Calculalioo of Chaaaes Before each Change Date. Ihe Note Holder will calc'Ulate my new mtereS! rate by adding ....rr1.r.2p,... ....................................'..... percenta&e points (...........' .....%) to the Current Index, The sum 01,11 be my new interest U.k.' :Y}',Jndelj t,e ~~he 1"'P,H'I_"--" L/R1_ The Note Holder will then Jetermme ,he amount of lhe monthly payment that would be suffiCIent 10 repay in full the principal I am expected to owe on the Change Date In .ubstanually equal payment> by the malunty date at my new inu:rest rate. The resull o( thIS calculat.on will be the new amouJlt "f my monthly payment. (D) Elf<<the Dtlle of CIuulces My new Utler..t rale will become etfeClI\'e on each Change Date. I will pay the amount of my new monthly payment beginniDll on the fi"t monthly payment date after Ihe Change Date until the amount of my monlhly payment changC$ agam. (E) NOli<< of Cllaales The Note Holder 01.11 mall or deltvel to me a nolJCC before each (,hange Date. The notice wdl advI>e me of: (i) the new interest rate ,'n my loan as of the Change Date; (Ii) Ihe amount ,,( m,' monthly payment following the Change Date; (iii) aDY additional matte" which the Note Holder is required to disclose; and (iv) lhe title and telephone number of a pelWn who will answer any question I may have regarding the notice. B. CHARGES: UENS Uniform Cove~t <4 of the Se~'Urity Instrument is amended to read as followo; .. Olartes; UeDa. Borrower .hall Jlll)' aU la.1tes. assessment>, and other charges, fines and impositions auributable to tile I'Jopctty which may auOlin a poomy over IhlS Security IMtrument. and leasehold payments or ground rents. If any, In the llI&lUler provided under paragraph 2 hereof or. tf oot paid in such manner. by Borrower making payment. wben 4ue, di_-uy to the payee thereof. Borrower shall promptly furnish to Lender all noltces of amounts due under _ parqraph, and in the event Borrower shall make payment directly, Borrower shall promptly (urnish to Lender ~ evickaci.lIllllCh payments. Borrower shall promptly discharge any lien which has priority over thiS SecunlY IlIStrllment; bo-wr, Borrower shall not be reqllired to dis<:harlle any such hen so long as Borrower: ( a ) shall agree in ....riloiq to the payment of the oblillallon secured by such lien In a manner acceptable 10 Lender; (h) shall in good tDEUl fOllM-fHlJlC UKlfORM ADJUSTABLE RATE lOAl-(1llWU11'1l1illU)-J/!3 L