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<br />r <br /> <br />Lolm No. ....S-7-i71-1-18.....- <br /> <br />r <br /> <br />~ <br />~ <br /> <br />ADJUSTABLE RATE WAN RIDER <br />84 - R88:4:5 <br /> <br /> <br />NOTICE: THB SECURITY INSTRUMENT SECURES A NO"l'BWlUCH '. '. ,,' <br />A PROVISION AlLOWING FOR. CHANGES IN THB IN'l'BRIS"l' .__, <br />CREASES IN THE INTEREST lUTE WILL RESULT IN MGRJlRPA . <br />DECREASES IN THE INTERES'I' ~TE WILL RESULT IN LOWBaPI. <br /> <br />This Rider is made this.m1.~~..'.....,.... day of ...............'m.......'~...,...... 19..~~;., ........ <br />into and shall be deemed to amend and 8uppl_t the Mortgage, Deed of Trut; or Deitlt' <br />(&he "Security Instrument") of the same date given by the undeniped (the "Bonow."1 .,. ;.c,;,; <br /> <br />~~~.s.;~~~~~::~~:~~iiii::~~~:::~~!i!::~~~~i~~~9A::9.f::~i~~ji!~~::~:jl~i.!~::!!i!iu:~1i:li1:. <br />(the "Lender") of the same date' (the "Note") and coveringthepllllllllltyc-.i...H........,!'f:li, <br />ment and located at .2P..!;'?~t,I1..~~,'!l""~J...................m.......,....GJ:4DA..~alaDd....Ba~...6.lII/I1;..;;.",:.::" <br />Property AlIcIn. <br /> <br />MODIFICATIONS. In addition to the covenante and agreements made in the Securityl~~;" <br />rower and Lender further covenant and agree /Ill fo\lowlt: <br /> <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />The Note has an "Initial InteraJt Rate" oL,.U..!t.O'Q.....% <br />InteraJt rate changetl may occur on the 1st day of ,..,.,.........,...,.........,Au&,Il&t.........., 19.8.6... and ..:* <br />1st day of ........ ............,........NQY.eJlLbe:c....., 19IUi.... and on the 1st day of ...m.........,.......ElllII:uan'..,.., 1'.82._ <br />;:, ~::~~.~hf dii~..;;n'~hiCh'ihe~~.o(b.;~:~~y ~~ ~he ~Jfa ~te~iD~ <br /> <br />intere8~ c~~ ,:dn::~r:': lbi~;nJ:ytoof ~~~~..~~,u.~::...~.f..~~..~~., ~lI11~~.-= = <br />date every ..:::::::::~-.:::.. year(s) thereafter. Each date on which the principal and intenIt paYD*lt mar <br />change will be called a "Payment Change Date", <br />Changetl in the interest rate are govemed by changes in an interest rate indo called the "Ind.", <br />Check box (EO!) to indicate Index. <br />(1) 0 "Contract Interest Rate, Purehase of Previously Occupied Hom., National Awrqe for an <br />Major Ty~ of Lenden" published by the Federal Home Loan Bank Board, <br />(2) l[] WUJi.t.ab1f:.. .Rate., .Nutf:.,:::. .Month1)'. ..IUle:Ca,&e. ,)'.i.e.ld..'Oll..11..S,..., IJ:u.lIlIu...5.el:.lU:lt1u...., <br />ad j us t~!i.. tll..A.,r.IlIlll.tallX..lIIatJU".it)'.. ,o.i. .1. ,year.. p.ubllahed., ,by.. ,the...Eed&r.al..Jl.esu.v.e. ..Ig;u:ll&.....,...,......... <br />Check box(...) to indicate limits. <br />( 1) 0 If this box is checked, there ",ill he no maximum limit on chances in the intenllt rate up or <br />down. The Preliminary Rate referred to in the Note, will be the new inteftlSt rate. <br /> <br />(2) 0 If this box is checked, the interest rate that 1 (lay shall not increase more than m............'..., <br />pel'Ct'ntage pointa on any Rate Change Date. <br />(3) [J If this box is checked. the interest rate that I (illY shall not decrease more than ............,....... <br />percentage pointa on any Rate Change Date. <br />(") [] If this box is checked, the interest rate that I pay shall never be more than ,1J...i~O....., '11 <br />during the period I have my loan. <br />(5) I(] If this box is checked, th(' interest rate that I pay shall never he 1_ than ,0,................% <br />during the period I have my loan. <br />(6) 0 11 this box is checked, the princi(l8l and interest payment that I pay shall not increase more <br />than .. .... percent on any Payment Change Date. <br />(7) 0 If this box is checked. the principal and interest payment that I pay shall not decrea811 more <br />than .................... percent on any Payment Chance Date, <br /> <br />The monthly payment amounta will also change on Payment Change Date8 as provided in the Note. <br />~ payment cbances may occur Iess often than interest rate chang... and/or may be subject to certain <br />limitations dMcribed in tbe Note, the monthly paymenta ma>> be insufficient at times to pay accNing <br />intelelt. In such case, unpaid interest is added to the principal balance of the Note and itlitllf will a~'CNe <br />interest t.herealter, <br /> <br />FllJI'tD80 <br /> <br />u <br /> <br />L <br /> <br />L <br /> <br />~ <br /> <br />L <br />