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I 83-- 005836 .\'4: ~f;~!::;~'- ADJUST ABLE RATE RIDER TRIS ~JUSTABt,B~TE RIDER is made tbis .G.Sl<b.,. day of ...........o.c.t.QbJilJ:.............L....t~~.~;t... . andisinCOfjldratedilllOan(fshall be deemed to amend and supplement the Mortgage; DeedofT~tlSt.o~ 'cta Sewre Debt (the "Security Instrument") of WSlllUedategivenbylhe unde~igned (the "llilrroW!lf'7: te .., Ililrrowcr's MjllStabte Rate Note to ..Ijf)ffit...f.roca:8I....slllllNGS..&..I.JlM..Il5SOCJ.llT.ION...aF....GRlUllG.; ..............,.......,...........m.'....................m..................... (the"Lentler") oftheC same date (the "Note") an4CovC!"ili8:t~ propenyd4Seribed in the Security InsU'llmentaoo located at: -. " .??l...!-:e.~li!~.tgli!..QF.l'!.?~...Gr;Rf.1Q..l;'ill>.'1d.....t'lf:bJ:a:>~a...,..,.......68.801......................................;............................;... (Proporty Address) The Hotlt con'" provilIIona dclwiIlgJor chenget In tile int.re.t rate. IIth.lnt........... ...i...., the Bon~a monthly PIIymenta will be hIgber. lithe InterMt ra.. ........ the Sorrower'a moAtbIJparlMfttawll be tow.,. ADDITIONI\l.. COVliNANl'S. In addition to the covenant and agreements made in the Securi!y:lnstI'Urn.:nt;llOrrowcr and Lender further covenMt and agree as follows: ,~:c; ~,.' ,(iI:' ~:J~~~ :--YP~~ i'fir >' i~%~ -"y;.,>-.!. (;::;'';ii:' c'" ,-,~~,:: t:{i~' ~$i\"; \f-};~-~ 'f"';;, "" INTERmT RATE AND MONTHLY PAYMENT CHANCES The Note provides for an initial interest rate of ll~].5........... %. SeCtion 4 of the No!e provides for change" in the interest tate.lI00 the monthly payments. as follows: 4. INTEREST lUTE AND MONTHL Y PA YMEIVT CHANGES (A) CIwIae Dates The inteRst rale I will pay may change on the .........J.?L....... day of ............R.?~liml;:lI~,L............... 19....a!'l.. and M!hal day oCtile month evet)! ......l.?................, months thereaner. Each date on wbich my inteRst rate could change is called a "ChllflJe Dllte." The minimum rate Charged will be no less than 9.5% and the maximum (Bi'l\eladex rate charged will be no ~~re than l4.5~. Be&i~ with tile fit'St ("hange Date. my interest rate will Ile based on an "Index." Tbe Index is the weekly average yield on United StaleS Treasut)! sewrities adjusted 10 a cOllstnnt maturity of ...............QrlQ..... years, as made aYl!iLtbMl by tlte Federal Reserve Board. The most recellt Index figure available as of 45 days before each Change Date isealJcd tbe "Cumn! Index." If tile Index is no longer available, the NOle Holder will choose a new index which is based upon comparable information. The Note Holder will t:ive me notice of its choice. (C) Cakuhttloo of Chule. Before each CluAle Date. the Note Holder will calculate my new inlerest rate by adding ....ltll:ee................ ................._........,....,'.....,....... r"'tGentage l'OlnlS (.........j...."....,%) to tile Current Index. The 'urn will be my new interest me." rounded to the- nt'Hlre~,t. l/B~. The Note Holder WIlllllen detemuM tile amount of Ihe monthly payment that would be suffiCIent to repay in full lil<e pl'irn:ipall am el<pecled 10 owe on the Change Oat.: l!1 .ub$tanllaUy equal payment. by Ihe maturity date al my new int.elat rate. The resuh of lhis calculatIOn will be the new amount of my monthly payment, (D) Elreclh-e Dale of Chlll'ges My new interest rate will be,"Ome e!Tealv,: on each Change Date. I will pay the amount of my new monthly payrnellt bl!&innlnc on tbe first monthly l'aymelll date afterlhe Change Dale until the amount of my monthly payment chan,es again. (E I Nori<< of a.a.a.. The Notl: HoJ;:\er will maii or deliver to me a notice: before each Change Date. The notice will advis<: me of: (i) the new interest rale on my loan as of Ihe ChanjlC Dale; (i.) the amount of my monthly payment following lbe Change Date; {ill} an)' additional maIlers wbich the Note Holder is. required lU disclose; and (iv) tlte title and telephooe number of a penon wbo will alUwer any question I may have regarding the notice. B. ClWl<<'>!S; WJNS Uniform Covenant 4 of tlle SecurilY Instrument is amended to read as follows: 4. ~a; Ue.. Borrower shall pay all wes. _mtnts. and otil<er cbarlles, fines and imposltinllS attributable to l,*~whidl mayauain a priority over this Security Instrument, and leasehold payments or ground rents. if aIIf. ill Ute l1>3nnerprovided under f'WIItaph l b.:reof or, if not paid m such manner, by Borrower making payment, ~6ne.dir<<tly t() tltepayec thereof. Borrower shalll'l't>mptiy furnil>h to Lender all nOlices of amuunls due under thiJ~aph; allltill.tlte ~ltlDorrower shall make payment di~dy, Borrower shall promptly furnISh 10 Lender ~~SUIlbptlY-1S.. . Borrower shall ptumpt1ydiscl\arge any lien whicll has priority O1ICr this Security ~Ilt;~. ~ shall npt be I\Iqllired It> discharge any such lien $0 long as Borrower: (a) shall agree in w~t()J..payPlGt of lhe OOliption secured by such lien in a mlInnet aro:Plable to Lender; (b) shall in good .... f~__.JU$1UU RllIltlllt-flWSl!lY NlllH/83