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<br />84,"'- 002946
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<br />Loan No, ....-5i1925-'1-HI..,...
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<br />ADJUSTABLE RATE LOAN RIDER
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<br />NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS
<br />A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE. !N~
<br />CREASES IN THE INTEREST RATE WILL RESULT IN HIGHER PAYMENTS.
<br />DECREASES INUlE INTEREST RATE WILL RESULT IN LOWER PAYMENTS,
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<br />This Rider is made this. ...l,!?L... day of ..,.,..... ..........,:r,I,ID!L..." 19~.4..., and is incorporated
<br />into and shail be dGeme..-:! to w-nand and supplement the }"fortgage, Dc-ed of Ti'ilBt, or Deed to .8eCQre;:Ileht
<br />(the "Security Instroment") of tbe same date given by the undersigned (the "Borrower") toseemeBor-
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<br />rower's Note to . on m.......'.......u..........,...........................,..............,..'....._..........~....._,~.~.
<br />.f1J;$.t..,I'IlJie.t:al,. .SAlIings.. ,and,.Loan..Asso.c.iati.an.,.o.f,LincolJJ....a"JJA1ted.,.s.ta.t.eB.u:;IUtlQra.t:iQJ4.,
<br />(the "L...'>t1der") of the 83m", date (the "Note") ""lid covering the property d-mbedm"dIe&leuntycI~.
<br />ment and located at J,25WAinwr1.glU:. ..'propeitY.X~~J;&J,andy..Nabn'lOl;a.~Ol~.....,....
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<br />MODIFICATIONS. In addition to the covenants and agreements made in the Security InsinJment.~
<br />rower and Lender further coVe1UlI1t and agree aa folloW!!:
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<br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES
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<br />The Not., has an "Initial Interest Rate" oL...,1.2.Jl9.0.... %
<br />Interest rate changes may occur on the 1st day of ..,...........S"i'UlIlll>ar.., 19.Jl,6., andOll.tbcl
<br />1st day of .,n..c&IIlb&r..... 19.81>... and on the 1st day of .........,....-........lla=h........... 19i~..
<br />and on the 1st day of.............J........,...,......, 19,51. and on those dates of th.-months in,~
<br />year thereafrer, Each date on which the rare of interest may change will be called a "Rate C~ Date' .
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<br />Changes in prindpal and , ~~rmt payments to adjust amortization of the loan to correspond 1rith
<br />interest rate changes shall be made on the 1st. day of ....:'..................on.,,;~..............., 19~].... andOll.c,tbat
<br />date every .=~"''''"''~ year(s) thereafter, F..ach date on which the pnnapal and interest peymentmay
<br />change will he called a "Payment. Change Date",
<br />Changes in the in\.en..t rote are governed by changes in an interoat rate index called the "Indell....
<br />Check box(esi to indicate Index.
<br />(1) '1', "O:mtract Interest Rate, Purchn.."lC of Previously Occupied Homes, National Average for all
<br />Major 'I'YPM of Lenderll" published by the Federal Home Loan Bank Board.
<br />(2) !i] ..\dj~~"'..Ra.t....t.~ ..~ ./4Q.n~ll.l.y.,. ..,,......It.....y,i.<l4d....n.,U~S~..I.r_lilu.q..,Se=UU_...
<br />ad j us t.lit!!. ..t,\Li!. . ~9.\H,-t;Jl.q ~..!!i!!.t.IU:.lty" Q f... ,1. .1.1:11... . l-HIII.J.1 ll.lu:g, ..!lY. ,. .t.hl!... f~4.l! !;"l..R!l!l!l.-",y,\2...!!!?~r.g.~...,..............
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<br />Check box!",,) to indicate limits.
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<br />( 1) rl If this box is checked. there will be no maximum limit on c~ in the. interellt . rateup:,.or
<br />down, The Preliminary Rate relerred to in the Note. will be the new inte1'l!llt rate.
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<br />(2) fJ If this box i$ checked. the interest rate that I pay shall not inl'lellse more than ..,....'...........'
<br />peIl'.mtage points on any Hate Change Date.
<br />(3) [J If this box is checkL>d, the interest rate that I pay shall not d~ more than ............,.......
<br />percentage pointa on any Rate Ghange Date.
<br />(4) ~ Ii this box is checked. the interest rate that r pay shall never be mol!! than "';I.~Al{:l,Q~,~%
<br />dUl'ing the period I have my loan,
<br />IS) [g If this boll is cheo.,ked, the inWrest rate !hat I pay shall never be 1_ than ,.1L.............%
<br />during the period I have my loan.
<br />(6) [J If this box is cheeked, the principal and interest payment that I pay shall not increase more
<br />tb,,~ r~rf'ffit nn ~Yly Payment C!'o~-Ige Date~
<br />( 7) U If this box is checked, the principal and inten.'llt payment !hat I pay shall not decrease lnOfl'l
<br />than ....n.......m... percent on any Payment Change Dat."
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<br />The monthly payment amounts will also change on Payment Change Dates Il>l provided in the Note,
<br />Beca_ payment changes may oc<:ur 1_ often than intereo;t rate changes and/or may be. subjeet to certain
<br />limitations deecriOOd in the Note. the monthly payments may be insufficient at times to pay accruing
<br />inte_t. In such cue, unpaid interest is added to the principal balance of the Note and itself will accrue
<br />interest thereafter.
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