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<br />Loan No. ,...~I$:u,.,J...la,.....
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<br />ADJUSTABLE RATE LOAN RIDER
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<br />84 ......eOJ339
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<br />NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS
<br />A PROVISION ALWWING FOR CHANGES IN THE INTEREST RAft. IN-
<br />CREASES IN THE INTEREST RATE WILL RESULT IN HIGHER PAYMBN'l'S.
<br />DECREASES IN THE INTEREST RATE WILL' RESULT IN LOWER PAYMENTS.
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<br />This Rider is made tms ,.is.to.,.,., day of ,..., ,.~....,....... 19.!!L. and is ineoIporated
<br />into lIJId sball be deemed to amend and supplement the Mortgage. Deed of Trust. or Deed to s..:u.BeIK
<br />(the "Security Instrument") of the same date given by the undersilJlled (the "Borrow.") to-..,-'
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<br />rl~~~.~o;;~~}: _ :~:~~~~:~:::~ ~_~: ::~~~.~. .:~~~~.~_!~.~_i~ri: .CJ~. .~_~.n.~~I~~ _:~::9:~~~!~r:~~!i!!:~~~!.i!i~~!~~~:::
<br />(the "Lender") of the same date (the "Note") and .."ve"ngtheptoperty<ilWlribedintheSeauiiyiDaina.
<br />ment and located at 121~1,i11ey Stre.e.t. .... ......WoDll..lUyu....Ne.brulr.a..fl8.ll83.,..........._.
<br />Property AddreM
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<br />MODIFICATIONS. In addition to the covenants and agreements made in the Security lnatrumeDt. B0r-
<br />rower and Lender further covenant and agree as follows:
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<br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES
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<br />The Note has an "Initial Interest Rate" oL.m~J_...4.oQ. . ~7
<br />InteJ'Mt rate chanllfl!l may occur on the 1st day of . ..~J.l&\!!i!;., ..... 19.tl:i.., and on the
<br />1st day of . NoveDl~.L., 19l!~. . and on the 1st day of . ........f.~.!!rlHl.a:..,. 19.J!tL
<br />and on the 1st day 01 ....,......~.Y.....n' 19(\\1 and on tho"" dates of those montbll in_
<br />ye.ar thereafter, Eacb dat.e on which the rate of interest mav change will be called a "Rate Change Date'l.
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<br />Changes m principal and interest payments to adjust amortization of the loan to ool'n!llflOlld with
<br />intereat rate changes shall be made on the 1st day of .. .......~.... ~y:... .....~. ... 19l1O.... and on that
<br />dale every ------- \'earl' ~ therealter. Each date on which the principal and interest payment may
<br />change will be ,-alled a "Pavrnent Chanile Date",
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<br />Changes in the interest rate are governed by changes in an int.erest rate index called the "Index",
<br />Che<..k box (es) to indicate index,
<br />II) , "Contract Interest Rate. Purcha.'le 01 Previou.ly Occupied Homes, National Average for all
<br />~taJor Typ"" of Lendefll" publiahed by the Federal Home Loan Bank Board,
<br />12) X:' Adj~s,.."l?A~..Rilt!1..Note.... 119Iltt.l.y..ilvel'.age.Yh.l.a..Q.llJi.,.S.,:rl'e,"'&IU.Y...~!l!;,\'\[j,U.U....
<br />adjusted to..a"~()\\st"Q.L tllAt\,\[j,ty. .'A J .Yl:u>'ub.lbbed..bythe..fed.ull.l....Rllaerv.ILllg,ud....
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<br />Che<'k box!es) to indicate limits.
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<br />II) :..' If this box is cbecked, there will be no maximum limit on changes in the interest rate up or
<br />down, The Preliminary Rate referred to in the Note, ,,;1I be the new interest rate,
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<br />(2) ,: J[ tlus boll is checked. the Inte,...t rat.e that pay shall not inerea.... more than
<br />pe",entago;' points on liny Rate ('hange Date,
<br />(,I) .. ' If this bol. i. checked, th., inte......t rate lhat pay shall not d",'rea.... more than ..
<br />pen:enlage points on any Hate Change Uate.
<br />(4) KJ If l.lus bol. is ch....-ked. the interest rate that I pay shall never be more than .LJ,..2:iO~.... %
<br />during the period I have my loan,
<br />I:') IU If this bol. is checked. the lIIt.ereat rat.. that I pay shall never be less than .11......%
<br />during the period I have my loan.
<br />(6) If tlus bol. is checked, the pnncipal and interest payment that I pay shall not increase more
<br />than pen:ent on any Payment Change Date,
<br />(7) If tlus bol. is checked. the prll\cipaJ ami interest payment that I pay .hall not decreaso mor"
<br />than percent on any Payment Change I>ate,
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<br />The monthly payment amounts will also change on Paym.mt Change Dates as provided in the Note,
<br />~.- paynlent changes Ulay occur I""" often than interest rate chanllt'''' andlor mav be subject to t'('rtaill
<br />limitations described in the Note. tb... monthly paymt'nts mav be insutIicienl al tiUlt'll to pay ,,,'cruing
<br />mtereat.. In SUdl C8ll4l. unpaid 1IIle1'",,1 IS added to lht' prmclpal balance 0/ the Note and iL""lf will at~:rut!
<br />imerest therea/rer,
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