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r 83_ 005846 ADJUSTABLE RATE RIDER THIS.ADJUSTABLE RATE RIDER is made this ...25.th. day of .................Q.c.tDb.el:............., 19...a~.. and is inCorporated imo andshllll be deemed to llmendand supplement the Mortgage. Qeed pfTrust.or Deed to Secure Debt (~ "Sceurity Instrument") of the Same date given by the ~ndersigned (the "Borrower")l~'Sllture Bol't'Ower's Adjustable Rate Note to .!iQMf;...f.f;~RM"..~J.\.V.1MiS...&..1.Q8N,..!\R5!El!\nJl~..Of...lif.l.i\ND.:.I~k4.\ML.. ..'-............................................................................... (the "Lender") of the same date (the "Note") and <:overinllthe properly described in the Security Instrument and located at: J.!!Q;:;...:i!?y.t!:.J:!?rF..i~9.'JA...G.r.i:'J:1.\tJ.?J.i:'.QQA...NF1R.tgl1!!:.g.........Q.e.IlQ.L....................................................................... (Property Address) tile Not. contaIna provfsioM aItowlng for cflangea Intlie inter.at rate, If the Interest rate iIIcr.-. 1M Botro_r'. monthly paymanta wilt be higher. If the Inter..t rat. decrH8ea, 1M Borrower'a monthly paYft)ellts "ltlbelowar. ADDmONAI. COVENAN'!S. In addition to the covenant and agreements made in the Security Instrument.. Borrower and 'Leader .funher cov~nt and agree as foll()ws: A. JfIf1'EREST RATE AND MONTHLY PAYMENT CHANGES The Note provides for an initial interest rate of ........+1...?~....%. Section 4 of the Note provides for changes in the interest rale and the: monthly payments, as follows: ... INTEREST lUTE AND MONTHL Y PA t'MENT CHANGES (A)Ouce Dates The interest rate I will pay may change on the ,.....l:;.t............... day of ..........Q!i!.t;;.~mJ;l.!U:................... 19.!?}.... and on w. t day of the month every ..........+2.,..w.... month~ thereafter. .Each date on which my interesl.l'ate could change IS called a "Change Date," The fl'"nlmum rate _harged wlll be no lower than 9l\p and the '. maximum rate charged will be no more than 14~%. (B) The IDllex Regioninll with the first Change Date. my interest rate will be based on an "Index." The Index is the weekly .verace yield on United States Treasury securities adjusted to a constant maturity of ..."......ooe......". years. as made available by the Federal Reserve Board. The most recent Index figure available as of 45 days before each Change Date i& caIle If the Index is no longer available, the Note Holder will choose a new index which is based upon comparable information. The Note Holder will give me notice of its choice. (C) Calculation of Changes Before each Chance Dale. lhe Note Holder will calculate my new interest rate by adumg "............T.br.'i'.~......... ..~......................................... percentage points (............:l.........%) to the Current Index. The sum will be my new i~ra~, rounded to the nearest 1/8%. The Note Holda will then determine the amount of the monthly payment that would be sufficient to repay in full the principall am expected to owe on the Change Date in substantially equal payments by the matUrity date at my new interest rate. The result of this calculation wi!! be the new amount of my monthly payment. (1)) Elrceli..Date of Otaqu My new mterest rate will become elfective on each Chanae Datc. I will pay the amount of my new monthly paymelll beginning 011 the lltst monthly payment dare aller the Change Date unti! the amount of my monthly paymeill chanaes apin, (I) ~i<< uf a-aea TIle Note Holder will mail or deliver to me a notice before ~ach Change Date. The nOlice will advise me of: (i) the new iQten:st rate on my loan as of the: Change Date; (ii) the: amount of my monthly payment following the Change Date; (ill) an)' additiooal mane" which the Note Holder is required to disclose: and (iv) the title and telephone number of a pet$On who will answer any question I may have regarding the noti<;e. B. ClfAltCES; UENS UnifOrm Covenant 4 of the Security InsllUment is amended to read as follows: ... ~ I..icfts. Borrower shall pay all taJles. assessments; and other charges. fines and impositions auributable to tlJe ~ which may lutein a priori!:)' over this Security Instrument, and leasehold payments or ground rent.'. if any,ill !be manner provided under paragraph 2 hereof or. if not paid in such manner. by Borrower making payment, wbell.d\lC. ditectly to the pay<< thereof. Borrower sball promptly furnish to Lender all notices of amounts due under _:~ andlllthe _t.8onowcunall malte payment directly. Borrower shall promptly furnish to Lender ftiallpIt~ $liCb. pliYfl1Cll1ts, .Borrowcr shall promptly dilcharge any lien whicll has priority over Ihis Security ~~,1orn>_shaII DOl bet ~.to di$Cbarae any such lien so loog as Borrower. (a) shall a,ref: in writIJlI:~t"pa)meIU 01' tbe obliption SCCUfIld by sucb lien in a mllnner acceptable to Lender; (b) shall in good ..... fONI-FHtllt tJf8fOlMADMTA8U lATE lOAft;.....(lQtlllJ fmHt13