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<br />Loan No, ,...-5&904-1-):8...,..
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<br />ADJUSTABLE RATE LOAN RIDER
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<br />84.- 003086
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<br />NOTICE: THE SECU1UTV INSTRUMENT SEClJRES A NOTE WHICH CON'l'AINS
<br />A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE. IN.
<br />CREASES IN THE INTEREST RATE WILL RESULT INHIGmJRPAYMENT$.
<br />DECREASES IN'THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS.'
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<br />This Rider is made this . g~....,...., day of ...........,..........~~...'....m. 19..~~.., and is~t.-cJ
<br />into and shail be deemed to amend and suppwment the Mortgage, Deed of Trust, or DeeIUO~.~~
<br />(the "Security Instrument") of the same date given by the undersigned (the "Bo~')tluellar.:'&i'
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<br />rpr~r~, ~gt~,~.. ~a.~f~~.~il(x.:~~~>\s:s:~~1:~;!~~:.~I:.q~o.Xi;:::a:::Q;}!i~.iLJf.~E~:::~:!i~i!.>~!E!*W::::
<br />(th~":'~~d;;;:") of th~~~ date (the "Note") and coveringthepl'Opertyd.-riblldlrf_~:I~.
<br />ment and located at .,... ...~~.be.......,................."'...,...i<<UJ:ll~..,Nl:lr.rAakILb.aa2!t....................,....:.
<br />Property Adm-
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<br />MODIFICATIONS, In a.ddition t~ the covenants and agreements made in the
<br />rower and Lender further covenant and agree 88 follows:
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<br />A. INTEREST lUTE AND MONTHLY PAYMENT CHANGES
<br />The Note has an "Initial Interest Rate" of.....J.2,.Q~()..... %
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<br />1st ,;:vr:r;'trilte Chan~~Sr.t1~~;~~..t~:;;t.,~d o~nth~i~t'~;.~f.::.:Q=~~~:::::::)i:ii:,.,~.~f~~.
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<br />and on tbe 1st day o{..............nj~~L...n...." 19.~,ij.., and on thOlle dates of tbolJemontlJ!J.,in''':~~f'i
<br />year thereafter. Each date on which tbe rate of interest may change will be called a ''Rllte~Diiti!,"
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<br />Changes in principal and inv'"",t payments t<l adjust amortizatior, of the loan to rol'll!8POll4-Wi9t
<br />intereSt rate changes shall be mad" un the 1st day of .........."..........,........J:u~................ 198(1__. ai1d~~.
<br /><late every . --:-:~--: year!s) thereafter, Each date on which the principal and in*-tJ)lly1nellt,,~
<br />change will be {'.ailed a "Payment Cbange Date",
<br />Changes in the interest rate are guvemed by changes in an interest rate iudes ~..the''l~'.
<br />Check hox(es) t.o indicate Index, .
<br />( I) :.:,; "Contract Interest Rate, Pul'ChaJlc of PrevioUllly Occupied Hollltl8. National AVerace; ror,,'lIilli'
<br />Major 'I'ypc8 of Lendlmi" publillhed by the Federal Home Loan Bank Board. . '
<br />(2) fJ Ad..1u.,,~<!.~l,~R~.~~ .1ioJ,IL-M.9,u~.\;lJJ(...a.v..ll.ta&..iL.Y.i,!l.l.d.,.IlIl...J}..Jh..:ttC;j.Mf.Y...,S~lu,k"'d";,.;
<br />ad jus ted .. to ."c()It'!,-\i.!!k . !!'...h\!xJ,n..9f1. )(~Jl.r..,PlJ.tlJ..i.lIbe.d..bJ'._t..nll..K.Mira.l...lu.e.r;lI:ll..>>.Q.llJ:i4".....,.......,..
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<br />Che<,k oox(t..) to il1.dicatb limits.
<br />( 1) ,.; If this box is checked. tlulre will 00 no ma.unurn limit on ~. in the. intert\lt".tAi,.p:,~.,
<br />down, Ttiii' Preliminary Raw ",{erred to in the Note, will be the new inte-*rat!lo . .' .... c::
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<br />(ill !:J u this box is checlted. the interel;t rate that I pay shall not inc_ more than ,................,...
<br />I"'R'CnLagtl points on any Rate Change Date,
<br />(3) ,.; If this box is checked. the intere,;t raw that I pay shall not d_ mOre than ....w.............
<br />peramt8ge points on any Rate Change Date.
<br />(4) p[] If this box is checked. the interest rate that I paysh$U never be mom than .13..~SD..;,,;;lJf,
<br /><luring the period 1 have my loan. ..... .
<br />i 5) ~ H ihi<I box is checked, ihe intet""t rate that I pay sh;;ll never be 1_ tl;u .D....~........,.~~
<br />during the period I have my loan, .
<br />(6) U If this box is checked, the principal and interest payment that I pay shall not inc_ more
<br />thM' .. percent on IlIlY Payment Change Date.
<br />(7) n If this box is checked. the principal and interest payment that I pay shall not dooreaae more
<br />than . ~'(!nt on any Payment Change Date.
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<br />The monthly payment amounts will aLlo change on Payment Change Dates as provided in the ~ote.
<br />Because payment cbang"" may oc<.ur less often than interest mte changes andJor may be subject to cert:ain
<br />ltmitation;; described in the Note, the. monthly pa)'lUeUU! may be insufficient at times to pay aC!;1'W!Jg
<br />interest. in .ut,1l caoo, unplud mter"". \s aJded to the principal balance of the Note and itself will IK'Cttw
<br />mtect:'st thert:>aft-.er L
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