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<br />r <br /> <br />84c.....g 002962 <br /> <br />Loan No, m5.8Q22::~~~B..._., <br /> <br />~ <br />~ <br /> <br />NOTICE: THE: SECURI1YINS'FRUMENT SECURES A NO'tJi1WHleIJ"W~~S~ <br />A PROVISION ALLOWING FOR GIJANOES IN THE~:R&':tE;,~ <br />CREASES IN THE INTJi}l$ST RAft WILL JU.:SUL'l'IlllHJ: <br />DECREASES IN THE INTEREST RATE WILL RESULTIWt..d <br /> <br />This Rider is made this 'm.'..~~,~.."'" day of 'mm...'...........m..~y.....,...., 19o~,:!....,.l!DcI,:il!( <br />into and shall be deemed to amend and supplement the Mortgage, Deed ofTt'u.8t;.ofI~i:r - <br />(the ''Security Instrument") of the same date given by the undersigned (the"~~ <br /> <br />f'!~~J;~:.~~::~~~~~~:::~..i!ii:::~~::~~~~~I~g?E.:~I:f~Ec<i.o.!,~:~::~::~~~::Iif~~~~i~. <br />(the "Lender") of th~srsn'H~ate (the "Not,e") and cowringth..propertyd~l5e4ij1. <br />mentand located at ._ ....u....,.' .?'!~'7r.us.~~~~!~::~,m_,...um...__......<l~l!!!!)...I!1kq~",.!'!!'.p.r,n <br />PropeJ'ty Adme.. <br /> <br />MODIFICATIONS. In addition to the covenants and agreements made in the Security~;~:- <br />ro-.- and Lender further covenant and agree sa follows: - - <br /> <br /> <br /> <br />ADJUSTABLE RATE WAN RIDER <br /> <br />i";.'-t-' <br /> <br />- '--',-"~ <br /> <br />A. INTEREST RATE AND MOI\'THLY PAYMENT CHANGES <br />The Note has an "Initial Inte1'1J6t Rate" oL....U.~_?,~.9...... % <br />Interest rate changes may occur on the 1st day of ,...,.........,...............~I!.t~~.E....19!.L. amlQlJ,.'I~/ <br />lat dav of ,....u..m.'m......'....I)~!',~~~;:,_.... 1~2.... and on th& 1st day of .u.._.....m_.......J!!!E;!!:....~..-.19~.,.~~ <br /> <br />~:r o~~~.thf da~u;;~'~tiicl;..t~,I;;:';;n~~~~y ~~: ~bed:a~fll/~terncn~~ <br /> <br />Changes in principal and int6iC>rt paymmlts to adjust amortization of the loan to OOfftllIpllIld With.. <br />interest rate changes .ball be made on the 1st day of ............................,.,Ju=................, HilL.. aiutqJl.'~ <br />date every::::::=::::~.. d year,s) t.hereafte~, Each date on which the principal and intefelltpayrnellt Dilly <br />"hange will be called a "Payment Change Date", <br />Changes in !.he interest "'te are governed by cbangell in an interest rate index. called ~. "IDdel!.'~~ <br />Cheek box (es) to indicate Indes', <br />(1) 11 "Contmct Interert Rate. Purcilmle of Previously Occupied Hotnl!6. National AVel'l\ge fOf.aU <br />Major'I)l* of Lendenl" publillhed by the Federal Home l.oan Bank Board. <br />(2) tJ Mj~~,t;.I,l,llA~...~.~~..,t1.o~e.. ,::.. .MRM.itlS.,.!lJ(~;:y.&!\. .yJ.eJt:!-'!l9...!-!...1?:..1:X~~1';~!y.)~~Sy!:tS!!,!.... <br />ad jU$t-",_~.,.~ 'L.~..="!ll'.;<!,!!!!.L.~,t;....,..Hy..,,~f.,J.,.Y,Mt_. P!'.k.:u,~P.~!i_.J?.i',~l;h!"J!;!!,~J.!':L!~.!~;::!,..Jto".r."'.........,_......_... <br />Cheek bos{es) to indicate limits. <br />(1) 0 If this bo" ill chtlcked. there will bellO maximum limit on chan(l6li in. .the irite_t rateUJ)Qt; <br />down, The Preliminary Rate referred to in the Note, will be the new intmeBt I'lIte. . . <br />(2) 0 If this box is clll;cked, the inte1'1J6t rat41 that I pay shall not increase more than .................... <br />pen.'ent4ge poinu. on any Rate Cl\angl:l Date. <br />(3) 0 If this bo" is checked. the inteJ:ellt rate that I pay shall not d~"l'eil8e more than ...,...........,..,. <br />poroentage points on any Rate Change Date. <br />(4) D if this bas. is checked, the inle1'1J6t rate that I pay shall never .be more than .b~"".~.~iL... % <br />durinll the period I lutve my loan. - . -- <br />(5) (J If this. bos is checked. the interest t'llte tlutt I pay lllutll never be I_than ,!I.................% <br />during the period I lutve my loan. . <br />(6) 0 lfthis box is checked. the principal and interest payment that I pay shall not increase more <br />than ...,., pe:t<.oent on any PaYlOOIlt Change Date, <br />(7) 0 If this box is checked. the principal and intere$t payment tbat 1 pay shall.not decrease more <br />than .................... pe.rcent on any Payment Change Date, <br />The 1lI9lttbly payment amounts will also change on Payment Change Dates as provided in the Note. <br />Beea_payment clwtges may occur 1_ often than interest rate changllll and/or may be subject to.:ertairi <br />limi. 'tationa.dascribed.in the Note. the monthly payments may be iIlllufficlent at timllll to pay Ilccruing <br />inmrest. In &uch calM!. unpaid interest is added to the principal balanI.-e of tbe Note and itself will &CCl'Ile <br />int_ thereafter, <br />........,. <br /> <br /> <br />u <br /> <br />"....., <br /> <br />L <br /> <br />-1 <br /> <br />L <br />