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<br />Loan No, ",,~78G-1-Hl.......
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<br />ADJUSTABLE RATE LOAN RIDER
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<br />NOTICE: THESEClJRITY INSTRlJMl!;l 'T SECURES A NOTE WH1CH CONTAINS
<br />A PROVISION ALLOWING FOR CHANGES IN TIm INTE:REST nATE. Il'J~
<br />CREASES IN,'THE INTEREST RATE WILL RESULT IN HIGflERPAYMENlI'S:
<br />DECREASES IN THE INTEREST RATE WILL RESUL'I' IN 'LOwER PAYMENTs:"
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<br />This Rider is made this ...,..2}~!;h,...__.da'y.of ......'mm.....t:~Y..........." 19,~~.,,, ~d~inllO~te4
<br />into and shall be deemed to amend and stippl!!ment the Mortgage. Deed of Trust, orDeedti)~:~Iit'
<br />(the :'Security Instrument") of the same date' given by the undersigned (the "Borrower":). ~~{,~t"
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<br />(the "Lender") of the same date (the "Note") and covering thepropertydescribedilrthll. . . ,,' "
<br />ment and located at ,n..?9..,!'!9.nJl,J~in',Ij;'..'m..'.......m" ."...,...,.......Gl'and"Is.1and.....NehraakiL
<br />Property Addresa
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<br />MODIFICATIONS. In addition to the covenants and agreements made in the SeCuJ'ityIristritt.riei1t,~iji:i~i:"
<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...ll...5.i<O...., % . ',' . ....,../YC-..-;
<br />Interest rate changes may occur on the 1st day of ......,.,__.....__.....__....SeP-temb.f;tL,. Hl.tL'L and_I>I'I5~; " '
<br />1st day of ................__...........D.e.cem.b.e1:..... 198.5,... and on the 1st day of ......................,.lia.t:\:.b..'-.m:...l~~6:~,
<br />and on the 1st day of .......,......................J.une.............. 19,86... and on those dates of those month8in,,~,.
<br />year thereafter, Each date on which the rate of interest may change will be called a "Rate Change Dat;e:,. .;
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<br />Changes in principal and interest payments to adjust ~'1rtization of the loan to co~4:"Witb:;
<br />interest rate changes shall be made on the 1st day of ..............--............,...ll.>n8...............,. 1986..., aDd,~.~;
<br />date every .""::-,"'''',,",,",7,.., year(s) thereafter, Each date on which the principal and interest. pa,ment:imayo
<br />change will be called a "Payment Change Date".
<br />Changes in the interest rate are governed by changes in an interest rate indeA called,the"Iiic:leil!]
<br />Check box (es) to indicate Index. '
<br />(1) 0 "Contract Interest Rate, Purchase of Previously Occupied Homes. National Average. {oJ'.ralL
<br />Major Types of Lenders" published by the Federal Home Loan Bank Board.
<br />(2) XJ Adj.ustahle. ,Rat.e,Jint.e.."",,.M,uothly. ,.1l.v.e.cage.. ,y.iel.d..on.JJ,..S...,,:r,t:eaIlIUy.,.S~.,,\IrU.t~Il;...
<br />adjus t.ed..,t'.o,.a...c.ousUoLmat'.ur:Lt.y..,oLJ...y.eaz:..lluhlisbed..by.,..t.he..F.e.deral..Rell,e.t:l(e.J~.Q~J:#;.."...;........r.,,-,
<br />Check box(es) to indicate limits.
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<br />(1) 0 If this box is checked, there will be no maximum limit on changes. in. the inWft!llt.rateJlll".(jr
<br />down, The Preliminary Rate referred to in the Note. will be the new interest rate. ' . .
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<br />(2) 0 If this box is checked. the interest rate that I pay shall not increase more than ....,..............'
<br />percentage points on any Rate Change Date,
<br />(3) 0 If this box is checked, the interest rate that I pay shall not decrease more than...,.............,..
<br />percentage points on any Rate Change Date.'
<br />(4) lil If this box is checked. the interest rate that I pay shall never be mON than.U.;9.$o......%
<br />during the period I have my loan.
<br />(5) lil If this box is checked. the interest rate that I pay shall never be less than ..G................ %
<br />during the period I have my loan, .
<br />(6) 0 If this box is checked. the principal 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 decrease lCore
<br />than ................,... percent on any Payment Change Date.
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<br />The monthly payment amounts will also change on Payment Change Dates as provided in the Note.
<br />Because payment changes may Occur less often than interest rate changes and/or may be subject to certain
<br />limitations deseribed in the Note, the monthly payments may be insufficient at times to pay accruing
<br />interest. In such case. unpaid interest is added to the principal balance of the Note and it..elf will accrue
<br />interest thereafter,
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