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<br />84-' 003005
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<br />Loan No, ,...5.~9.75.,:"l".te_....
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<br />ADJUSTABLE RATE WAN RIDER
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<br />NOTICE: THE SECURITY IN8'I'R~ SECURES A NO':l'J!1 WIflCHCDlC'rAtl\IS
<br />A PROVISION A,LLOWING FOR CHANGES IN THE ~R.\;.IN"
<br />CP..EASES IN Tffii!. INTEP..EST RATE WILL RESULT INmGHEliPA'X~""'l"~'f!',
<br />DECREASES IN THE INTEREST RATEWILLRESULTINLOWERP.~ .'..
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<br />This Rider is made this. .6.th........... day of .._.....................JUIle.........., 19JIJ..., .aDd/'
<br />into and sball be deemed to amend and supplement the Mortgage, Deed of 'I'rwIt, or~'
<br />{the "Se.luni:y Inatrwnent"j oi the same date given by the undersigned (the..~)
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<br />~(~~~~.~~~~~:.:~ii.:1?~::l'i.s~!a.!!~::i'.t'::~~~~~f1~:=~J!~~~iMJ=~~q!r~
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<br />Iu:e "Lender") of th;n~~ +the "N~") and coverilll"the~s=bf.~~.P
<br />ment and locaUd at..,.................... .......................................................,.,....................-_'.~..,....__~."'..-...
<br />P'ropmy'A~
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<br />MODIFICATIONS. In addition to the covenants and agreements made in the Security ~~
<br />rower and r-der further covenant and agree as 10110_: .
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<br />A. INTEREST RATE AND MONTHLY I'..\YMENT CHANGES
<br />'I'be Note hAIl an "InitialInteml<t Rate" oL...l.2".~'O..... %
<br />I.ntenl8t rate cl1anges may occur on the Jr day ot.m'.".............{J9!;P,~!:'....,., 19..~.. lUIll9ll;'"
<br />lot day of ... . ..... ,... J"''ltul.'7'''j 19...,.... and on ~ 1st day of......,.........,...~Pr!!.~.._...19'-.:.
<br />and on the. 1st day of..,..,..U11........ 19."., and 011 tb~ dates of a-e DIOIIths in.,.,y
<br />year tbt'ftafter. Each date on which the rate of interest may dumge will be called a "Ram CbaapDilte".
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<br />chanties in pn.'1cipel and inWtest payn ,""tIl to ad,iuat amortization of the ItllUl to llOI'I'ftIIIOIl1lldth
<br />mtl'f'8t rate ~ ahall be lI'.ade on the tst day of .,...... .,................J.\llx............. 11tll6_.. aDd........
<br />date ""011' ------- yeutsl tb_ft"r. Each date on which the principal and intenet paymet 1DII}'
<br />..hang" ,,~ll be (:ailed II "Payment Change Date",
<br />Chang"" in the tn_I rate are llOY"ftled by chang"" in an inwrost mt:c indes called the "Index".
<br />Chock bosl...i to indialt.. Index,
<br />( I) t., "Contract Int".",.! Rate, PurdJ.u.e 0/ Prevlow.ly OCCtJpiOO Homes, National Average for all
<br />~l..jor ~ of Lendlmt" pubWlMd by the Federal Hottle Loan Bank Board,
<br />(2) !f'l Adj;;"!~.!ll~ !lIH" Note - ~tI111'.i\\tl!rUllYleJ.(jg,tl.I1.,.s....:r..~\\l!M.cr..$.ftI)y.t:1J;.lH,~
<br />ad Juste<1.tCl.~,~qgr,!lJ~ml; !!lll~'Jr.U.i'. .~f 1. yftr .PM!<1l~..b.Y...tcM...Elldtrll.l...illll!ln:'.'tll..~t:lt......,...........
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<br />C hock box (...) to indicate limitJ<.
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<br />( 1) LJ If this bus: i;! drecUd, tbml will be no maximum limit M chaDglll< in the intenlllt rate up or
<br />dow1\. The Prclimifl.llT1,' Rate r..fened to in the Note. will I", the new int.ereMtrate.
<br />on CJ If this box is checked, the in~t rate that I pay .hall not increase more than . ..................
<br />p.'1L,<,ntAg" point\< on any Rat., Chang" Date.
<br />( 3) ::: If this bus: is "hed",d, lhe lfIternolt rate that I pay sball not dOClOOOO more than
<br />~lage poinl$ on any Rate Change Date.
<br />(4) 00 U ~ 00" i. ('OOtJk~j~ u...e intere=t rete t..h..a.t I pay 8ball :r-mvar be rr~ ttum ~.11...S5f.L...%
<br /><luring tlul period I bAV" my loan.
<br />(5) iIl If this box is chocked. the in_t rate that I pay &hall never be 1_ than ..0..... ..........%
<br />during tlw period I have my 1000n.
<br />(11\ C1 1f t.his bOll is chocked, the principal and interest payment that I pay _hall not inC1'l'.ase more
<br />than per<:ent on MY Payment Change Date,
<br />i 7) L:J If lhia boll is chreked, the pnncipa1 and inten.'St payment that I pay sballlWt dec_ more
<br />than percent on any Payment Change Date.
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<br />The month!y ~y_t lUDOUnW ...ill all!<> change on Payment Chanilil Dal"'" as provided in the Note,
<br />a-u.. pllymeDt chang_ may occur lea often than interest rate chang.... and/or may be Rubjl'd to certain
<br />limitatioM ~bed in tbe No~. the monthly payments may be lnlltJ1ficicnt Ilt times to pay accminll
<br />inle-. In !IUd, ('UCl. unpaul interest is added to tbe principal baJaIlC<> of the Note and iLqeU willllccrue
<br />inte.."'e!at tne!'{j!i!t-er.
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