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<br />84 -- ~ 002549 <br /> <br /> <br />I <br /> <br />r <br /> <br />~ <br /> <br />NOTICE: THE SECURITY INS'I'itl.J:MEN!rgg~Al\t... <br />A PROVISION .ALLOW'INGFqR(JmN&~)IN:'ll~ . <br />CREASES'IN'THEnt'fEM$'r'RATE .'~l$SfJ"'lft~ <br />DECREASES.IN THE lNTERESTRATEWILLRtsU'LTrN <br /> <br />This Rider is made this .....lo.tll..,.,..,., day of ...............,.....,.~,...".,...".19S...;,>~. <br />into and shall be deemed to amend and supplement the Mortgage;Deed;of~l)f' <br />(the "Security IJIIltrument") of the same date given by theund!l1"lligned(~~;7.- <br /> <br />mY? M,~rW1..S'avrngli'.aiii:f'1;oai'i'ASso.cratlon.'(iF.U1ii:i:iln..;'.a~trnriia;;lj;..; <br />. . .... _ . ..' n~.__' .._ .. _ ._... . .~.. u. on... .~. ....... .0. ..~._.~.. ........ __ no.. .........:..0......-.,..,.40.. .... ...-__~ .0. 0_.0 ..~. '-;-""~~.~""~~:7:'~~~-O;-":_~"';,~~_";"~: <br />(~e."~?..er"!~f_~t~*~ (~d'Note") andcoverillg'~~~~ <br />m~n... a.a.d .toca.~ ........ .........H...._..__.................................n...._....___..n__..n_.~~"<_.."......~_.....____~....,.... <br />Property AdlbeIa' <br /> <br />MODIFICATIONS. In addition to the covenants and agyeements <br />rower and Lender further covenant and agree as 10&_: <br /> <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />The Note has an "Initial Interest Rate" oL.,.~.~..?4.O'...,~% <br />Interest rate changes 'Wlc = on the ~ day of ............................,.~~?.~.~~E-g 19_~~.,. and~"~i <br />1st dav of ._....................,........~~'":....:....J Iff......, and onJge 1st day of ....,._.............,...~E~.~.....,....., 19.!!:. <br /> <br />~::.; oj;~~, ~cbf da~.~n.;hi;;h..the':~.of'iii~.;;;;y cl:a~ ~e~edfat!;:blCoe~~ <br /> <br />Changes in principal and interest payments to adjust amortizatioj of the loan to comlllPOlldwitb <br />into>rest rate..clwl=.shaJl be made on the 1st day of ,.........___,... .........,....'!!l~,...............,.l~.L., aildOllt.llat <br />dat..> every ...,..,... year(s) thereafter. Each date on which the prim.ipa! and interest payment may <br />change will be called a "Payment Change Date". <br />Changes in the interest rate are governed by changes in an interest rate index called the "Index". <br />Check oox("",) to indicate Index. <br />( 1) 0 "Contract Interest Rate, PurchMe of Previously Occupied Homes. National Average for all <br />'\1ajor Types of Lenden" publisbed by the Federal Home Loan Bank Board. <br /> <br />ad jus tad .t(~) ;q.o:~~~:.rt.~etuRr}~j,:~tJ-ye:~,nt :~i.t~h:';~b1j~~1:!~d~:cU~{~~1~~~r~~~V~~~;~;~:::::::::~:~::::: <br /> <br />Check box("') to indicate limits, <br />( 1) [J If this box is checked, there will be no maxi.lnum limit on changes in the interest rate up or <br />down, The Prelinlinary Rate referred to in the Note, will be the new interest rate, <br /> <br />(2) D II this box is checked, the inte"",t rate that I pay shall not increase more than .. <br />percentage points on any Rate Change Date. <br />(;l) [J If this box is chet~ed, the interest rate that I pay shall not decrease more than .. <br />perrentage points on any Rate Change Date. <br />(4) tJ Ii this box is checked, the interest rate that I pay shall never be moftl than .P..,'!,?Q...... % <br />dming the period 1 bave my loan. <br />(I;) tJ If this box is checked. the inWeIlt rate that I pay shall never be less than 9..............., % <br />dming the ~iod I have my loan, <br />(6) [J If this box is t'hecked, the principal and in!...'rest payment that I pay shall not increase more <br />than . pe.l\:ent on any Payrnent Change Date. <br />(7) [J If tbis box is t'hecked, the pnnclpal and interest payment that I pay shall not decrease more <br />than. pel:\.'eI1t on any Payment Change Date, <br /> <br />The m.ontbly {lllYtnent amounl.s will also change on Payment Change Dates as provided in the Note, <br />Beca~ payment cbange;l may occur less often than interest rate changes and/or may be subject to t'Crtain <br />limitations described in the Note, the monthly payments may be insufficie.nt at times to pay accruing <br />int:.o:"C3t.. In ~ueh~, un.t~ inrerest is added to Llle principal balance of tIlt: Note Nul itself will ao..;nlt~ <br />interest thereafter, <br /> <br />f'Mro SfJ <br /> <br />u <br /> <br />L <br /> <br />L <br /> <br />~ <br /> <br />L <br />