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I" 83-006343 Loan No. .....??!?Q.~.::kJJl...... ~ ADJUSTABLE RATE LOAN RIDER NOTICE: THE SECURITY INSTRUMENT SECURES/!. NOTE WHICH CONTAINS A PROVISION ALLOWING FOR CHANGES IN THE INTEREST. RATE. IN- C~IN. THETNTEREST RATE WILL RESULTINHIGHERPAYMENTS:; DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS. This Rider is made this .......1~!;!}.:...... day of .._...~..................., 19...~}., and is incorporated intqand r>baU be (loomed to amend and supplement the Mortgage, Deed of. Trust, .or. Deed to Secure Debt (the."Soottrity Instrument") of tbe same date given bytheundenligned..(the"Borrower")tosecm:eBi>r- ~:~::~~~~~I~i!:~~~g9ii::~f~~~::::~~:~f~C~~~~:::~i~~~::: ~~~fa~~..M_=.~::!...~~_~:~~:~~~~~i9I~~~.~~ Property Address MODIFICATIONS. In addition to the covenants and agreements made in the Security Instrument, Bor- rower-and Lemler further covenant and agree 8JI follows: A. INTEREST RATE AND MONTHLY PAYMENT CH.AJ.~GES The Notehaa an "Initial Interest Rate" oL.l:?,.<!.;iQ....... % Interest rate changes may occur on the 1st day of ....................Maml..................... 19..tt:i.. and on the 1Bt.day of .............J.Ulle............................... 19..e.~.. and on the 1st day of ..................sep~.......... 19...85. and on the 1st day of .........J~.....................m. 19...115.. and on those dates of those months in &Vel] year thereafter. Each date on which the rate of inten\st may change will be called a "Rate Change Date' . Changes in principal llJ1d interest payments to adjust amortization of the loan to correspond with interest rate c~ slialI be made on the 1st day of .........~............................., 19..aS.. and onthet date everr ....::::::::........... year(s) thereafter. Each date on which 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 "Contmct Interest Rate, Putthase of Previously Occupied Homes, National A vemge for all Major Types of I..enders" published by the Federal Home Loan Bank Board. (2) l1!! ..lldjust.able..Rate..~.::-...tmthlll_.aYm:age..,y.ie1d..on...U~s....:n:eaJiiUl:l?...... ................ .secucitias..~to..A,,=tant...l1i'ltl1ti~..o.t.~..~..o:ubli.sbed..qy...the..F.eder.a. ..deser.ve Board. Cbeckbox(es) to indicate limits. (1) 0 If this box is checked, tbere win be no maximum limit on changes in the inten\st rate up or down. The Preliminary Rate referred to in the Note, will be the n_ interest rate. (2) 0 If this box is checked, the interest rate that I pay shall not increaae more than ..._................ percentage points on any Rate Change Date. fa} 0 If this box is checbd, the intemllt rate that I pay shall not d_ more than .....m............ ~.. points on any Rate! Chan&e. Date. (4.) !Xl If this box is checbd, the interest rate that I pay shall never be more than ....b!.~~,?9.... % durintthe period I have my loan. (0) l1!! If this box is checkOO, the interu<t rate that I pay shall never be less than ......9~9.5Q... % durintthe period I have my loan. (6) 0 If this box is checksd, the principal and interest payment that I pay shall not increase more than .n......n......... percent on any Payment Change Date. (1) 0 If thia box is checked, the priIlcipaJ:. and interest payment that I pay shall not decrease more ~ _____... .~onanyPaymentCbangeDate. .'TheDlOllibl,y~ ~ willallloc1ltlnpon Pa)'m81lt Change Dat.es$S praridedin the Note. ~JlIl)'!nlmt ~ !UAY.. oceur 1_ often than interest rate changes and/or-may be subject to certain !b.dte.A.....,<~ m the Note, the monthl1 payments IlIIl1 be.inlIulIicient at times to pay accruing !Iltelwt. fiuueh -.. unpaid interest is Added to the principal balance of the Note and itselfwillaCCl'U8 intawt~ -- u L -1 L