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I" 83-i}06268 Loan No. ""5569-1-l:~1.-8""" Q1 ADJUSTABLE RATE LOAN RIDER NOTICE: THESECURIT'lINSTRUMENT SECURES A NOTE WHICH CONTAINS A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE. IN- CREASES IN THE INTEREST RATE WItL RESULT IN HIGHER PAYMENt'S", DECREASES IN THE INTEREST RATE WILL R.EStJLT IN LOWER PAyMENt'S: This R.ider is made this .......23~""h" day of ......~~.........m"'h"" 19.~8.~..,andisincorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Ilebt ~the "Security IIistrnment") of the same date given by the undersigned (the "Borrower") to secure,BOr~ rower's. Note. to .............h........................................................................................................:.................;,.~.."..;:.;....... gJE~{.l~~~E?b..!!.?Y.~.!!K~...~!!1...h~~!!...A.?~9~.~.~!:j,g.g..'OX..~.~I!:~.()?:tl. ,...~..g'?-.i.~~~.~.~.~~~~.?...::?..:J?.?.!:~E.~~.~.... (the "Lender") of the same date (the "Note") and covering thepropertydescribedintbeSecuri}t'fustru- ment and located at ..4.(}S.?:...~.~~~~'?-.g.~'u."..P.~~':~......... ....................G.I1\n!LI~11\.wL..~.~.!1E~.~.~..~&~...!........... Property Address MODIFICATIONS. In addition to the covenants and agreements made in the Security Instrument, Bor- rower and Lender further covenant and agree as follows: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Note has an "Initial Interest Rate" oL....g.~X.?(}.... % Interest rate changes may occur on the 1st day of .......................m..m~".r.c.~.........., 19..~.?.. and on the 1st day of .....n..........n..........n,J,m~............, 19.??... and on the 1st day of m.....hh.............~~.P.~.~~E.eE.., 19..~?.. and on the 1st day of ...nn._......................~.~.~.~"'!?!:'.r...., 19..8.5... and on those dates of those months in every year thereafter. Each date on which the rate of interest may change will be called a "Rate Change Date". Changes in principal and interest payments to adjust amortization of the loan to correspond. with interest rate changes shall be made on the 1st day of .......................n.......~-".i'_e~.1;>."'.I......, 19.~.?... and on that date every ....::::::-.::::::::..... year(s) thereafter. Each date on wlrich the principal and interest payment may change will be called a "Payment Change Date". Changes in the interest rate are governed by changes in an interest rate index called the "Index". Check box~ es) to indicate Index. (1) 0 "Contract Interest Rate, Purchase of Previously Occupied Homes, National Average for all Major Types of Lenders" published by the Federal Home Loan Bank Board. (2) IlQ .M.i'A~j;i!.'9.!&.jj.!>S.~..N9.t;:.\L::.J1\mj;.Q.J.Y....".\T.~IiM.LY.b~1'L.?!!..!!.:.s.:...:r.r.~,,!3.':'EL......................n. Sec u r i!;.i.e.<L."gj.'.\at;gJi..kQ..Jl..n~QJ)J>..t:."n);...Jl\."t;J.!Li..t:.Y. ..g.LL.Y.~il.L.P.\! !lJJ.~.lg"~. ..!>.Y....~.11.~. ..F.!"'~~.r.a.?:.. .R.e.~.~r.y..~. .~~!" cd . Check box(es) to indicate limits. ~1) 0 If this box is checked, there will be no maximwn limit on changes in the interest rate up or down. The Preliminary Rate referred tn in the Note, will be the new interest rate. ~2) 0 If this box is checked, the interest rate that I pay shall not increase more than .................... percentage points on any Rate Change Date. (3) 0 If this box is checked, the interest rate that I pay shall not decrease more than ................h.. Percentage points 01). any Rate Change Date. (4) !Xl U this boxis checked, the interest ra~ that I pay shall never be more than ...U,.~2.o..... % during the ~04 I have my loan. (5) !Xl If this box is checked, the interest rate that I pay shall never be less than ...9....2.59.......% during the period I have my loan. (6) 0 If this box is checked, the principal and interest payment that I pay shall not increase more than .................... percent on any Payment Change Date. ~7) 0 If this box is, checked, the principal andinterest payment tha.t I pay shall not decrease more thlln ....,...,........... percent on any Payment Change Date. 'r'he monthly' payment amounts. will also change on. Payment Change Dates as provided in the Note. ~1l<JS~paymen~ ch~ges may occur less often than interest. ratech~ges an.d/orma~ be subject to certain limitationsdescnbed ill the Note, the monthly payments may be InsufficIent at tunes to pay accruing interest. In such case, unpaid interest is added to the principal balance of the Note and itself will accrue interest thereafter. F~-&43 u L ~ L