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83"';;;'006626 Loan No. .....,'t'i.3.5.11=:1::.lIL... r ADJUSTABLE RATE LOAN RIDER NOTICE: THESECURlTY INSTRUMENT SECURES A NOTE .WHICHCONTAINS A PRUVISIONALLOWING FOR CHANGES IN THE INTERESTRATltIN~ GfUSASESIN THE INTERFJSTRATE WII.LRESULTINHIGHERPAYME~.' DEcnEASES IN THE INTEREST RATEWII.L RESULT. INWWERPAYMEN'rS, This Rider is made this ......),9:1;11........ day of ..................~........., 19?~,..., and is incorporated into and shall he deemed to amend. and supplement the Mortgage, Deed of.Trust; or Deed. to Secure Debt (theI'SeeUritylnstrument") of the same date given by the undersignoo(the "BOrrower") to secureBOr. rower's Note. to ..................................................................._..0.........0.............,............................ ......0.................:.... .l!:!.t!?L~.!!~.~!'..l!LE.?!!!1E1U!':<!..I,9".!U~~.".Q~!,,:t!.Q!l..g.f...:~J!'f.oJ!!.,...':'...g!1.!J,~~.J.t~!i:~.~,.s~!l'.'?~~'1;.~.?!!... (the ''tender'') of the same date (the "Note"). and covering thepropertyde8cribedin-the.SecuritYinstru- ment and located at ..~~;1,.~...g!;!'!&.~,,9.!'!;;.\l..f.t;-.,,~!l............................G.nmd..J.,,1~})..\l.....~."'.tl!::;!Ji;Jg;"y.~.\lQ1.,........ 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 A.~D MONTHLY PAYME.NT CHANGES The Note has an "Initial Interest Rate" of.......J.f.').~.Q.... % Interest rate changes may occur on the 1st day of ................................AE.;-.i..L......., 19...??. and on.the 1st day of .......h........................)."'.]S............, 19.!??.. and on the 1st day of ..n......................2s.~!?!!!!E....., 19...??. and on the 1st day of ................................J.anJ.!IUY....., 19...l1.\>.. and on those dates of those months in ever:! 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 .................................Jaa.uarlf........, 19..&Q.. and on that date ev~ ....::.=..... year(s) theree.fter. 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 "Contract Interest Rate, Purchase of Previously Occupied Homes, National Average f( : all Major Types ofLendelll" published by the Federal Home Loan Bank Board. (2) !XJ .Mj.ustahle..ll.ate.Ji.Qte..::. .l1:lJl.t.hlll...a>le~e..y.i.eld..JI.u..!t,.S.,. ..rXg.<\\~lI.U........................... See uriUes.....adJuate.d...t.o..a..J:on:;.t.an.t....maturi tll...o.i..1..l1eal:..Il.l,l.l:tllllh~d...by... thJl..X~rt~X!!..!..R."'.!!.\U~)1."'. ..!lga rd . Check box(es) to indicate limits. ( 1) 0 If this box is checked, there will be no maximum limit on changes in the interest rate up or down. The Preliminary Rate referred to in the Note, will be the new interest rate. (Z) 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) o If this box is checked. the interest rate that I pay shall not decrease more than .................... pel'Qmtage points on any Rate Change Date. (4) !Xl If this box is checked, the interelJt raw that I pay shall never be more than ...,l3.~9.sO'...% duringtha Period I have my loan. (S) !XJlf this box is checked, the interest rate that I pay shall never he less than ....\1;..1150...... % during thO period I have my loan. (6) 0 If. this box is chec.ked, 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. and interest payment that I pay shall not decrease more than ................._. perc:ent01l any Payment Change Date. The mOll. thlYJ!IllYmi'Dt amounts will also change ..n Payment Change Dates as provided in the Note. ~paymeutchtlnP6mayoecur less often than interest rate r.hange.s and/or may be subject to certain liDlitatioll6 d\lllCribedin the Note. the monthly payments maybe insullicient at times to pay accruing inteleito In such eaae, unplIid interest.is added to the principal balance of the Note and itself will accrue in~ thereafter. -- u l... L .-l L