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<br />84.-- 002844
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<br />Loan No, ... 2.e,?35.:':"J.,.,J.L...
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<br />ADJUSTABLE RATE WAN RIDER
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<br />NOTICE: THE SECURITY INSTRUMJ!:NT SECURES A NOTE WHICH CONTAINS
<br />A PROVISION ALWWING FOR CHANGES IN THE INTEREST RATK IN-
<br />CREASES IN THE INTEREST RATE WILL RESULT lN HIGHER PAYMENTS.
<br />DECREASES IN THE INTEREST RATE WILL RESULT IN WWER PAYMENTS.
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<br />Thia Rider is made this .......U.t.b........ day of ............,.............l$.Y..........", 1~.4...., and is incorpol'llted
<br />into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt
<br />(the "Security Instrument") of the same date given by the undersigned (the ''Bonower'') to 8eCUJeBOr"
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<br />!r.'-l.~~,~8.d.;~.l::'~!~~~~.:~~~::::.:~~::;rs.ii~:~:a:~~!?~:::ot::LInc~~n:;::a':~:J:.~~~~::s.~~~!~::~~f.~?~t.~:?(::
<br />(the "Lender") of th~me date (~ "Note") and covering the prope1; described iu.theSecuri:&,Il18tru.
<br />ment and located at .' ....?a,rl.'in ..,.........'...n'............q~m!....,~l~,l:I.~J....Ii!l.~~,llI~,~.....~,~,..Q,L.....
<br />Property Address
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<br />MODIFICATIONS. In addition to the covenants and agreements made in the Security Instrument, Bor"
<br />rower and Lender further covenant and agree as folloWll:
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<br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES
<br />The Note has an "Initial Interest Rate" oL....l?~,091).n %
<br />Interest rate changes may occur on the 1st day of ..........................,..3~I!lJl.t.e.~l:>.e.,~.., 19..~.'L and on the
<br />1st day of ... .... ............ .. ..r>~~lll.be.r...... I9~?... and on the 1st day of......................~!'.(),tL........ 19J~~L
<br />and on the 1st day of......................}lll?~..n..:....... 19~,6... and on t~ose elates of those months in e'!!!l
<br />year thereafter. Each date on which the rate of mterest may change will be called a "Rate Change Date' .
<br />,_ltanges in principal and interest payments to adjust amortization of the loan to r9mlllpond with
<br />interest rate changes sball be made on the l.t day of ............. ..............,!Im(l.............. 19~!L, and on that
<br />date every ------:--.. year(s) thereafter, Each date on which the principal and intel'elltpayment may
<br />change will be called a "Payment Change Date",
<br />Changes in the inten;",t rate are governed by changes in an interest rate index called the "Index".
<br />Ch<<k box(ee) to indiCllte Index.
<br />(II C; "Contract Int_~ Rate. Purchase of Pnwiously Occupied Homes. National Average for all
<br />Major Types of Lend.i...'" published by the Federal Home Loan Bank Board.
<br />(2) tJ A(j.J,ll1l9l;>~" R.ij,t",.Note - '19ntl:lIi'~Y"'~&!u.JI'~AR!L~.,.~,..'l)~!m.~HrY...~!ffi!!r.~,tt!l,~...
<br />adjust,,<.l ,t~.ll,. o.9!l1l.1cl,1n~.. ~~\Jr:Hy',qJ ' n1lf P\l!;> J.i::tl:l~IlL 'r!y..ltM,.l':Ils!J~.~J.Jl.~a!lJ:'.v:e.,~!m,r.qA..................
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<br />C heck box (ell) to indica te funiQ.
<br />(1) 0 If thi,s box is cheeked. there will be no maximum limit on chanllell in the in~t rate upar
<br />down, The Preliminary !tate referred to in the Note, will be the new intel't!8t rate,
<br />(2) U If this box is cht!cked. the intereo>t rate that I pay Mall not incl'CI1ll<! more than ...................
<br />percentage points on any Rate Change Date.
<br />(3) [] If this box is checked. the interellt rate that I pay shall not decl'Eilllle more than .............,..,...
<br />percentage points on any lUte Change Date.
<br />(4) 11 If thi,s box is cheeked, the inte_t rate that I pay J!!W1 never be more than ..13,..95,0.....%
<br />during the period 1 have my loan.
<br />(5) ![! If this box is chocked. the interest rate that 1 pay shall never be 1_ than ..0...........,....%
<br />during the period I have m)' loan, .
<br />(6) [] If thi,s box L~ checked, the pnm:ipal and int<!rest payment that I pay shall not increase more
<br />than .... 'H percent on any Payment Change Date.
<br />(7) 0 If this box is checked, the principal and inteK'St payment that I pay shall not decrease more
<br />than ..........._........ percent on any PaJ.'1nent Change Date.
<br />The monthly {l'Iynwnt a1IlOuntll ,.rill also change on Paynlent Change Dates as provided in the Note.
<br />Bocause pa)-'ment changes may oc<:ur 1_ often than interest rate changes lind/or may be subject to certain
<br />limitlltions described in the Note. the monthly pa)-'1nentll mar. be insuflicient at tim.es to pay accruing
<br />interest. In such case. unpaid interest is added to the principa halance of the Note and it&llf will accrue
<br />iuterest thereafter,
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