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<br />NQTICg:'~,i&'SE~~~uMEN'I'.AJlGURES"ANoTEWHj~~po~i>ti/.t~
<br />A -PROVIStON':;>'ALtoWtNG-/"-FOR----,CHANG-~S--~',I}\l':,rV~'.':-,_,~_~<--~~:: ~ '}:'~:';':::::::}~)-
<br />CR,EASES ,IN THE INTEREST RATE WILLR,E!)~T ~HIGH8RPA .,i5
<br />D'E~ASES IN THE INTEREST RATE WILL RES~TINLOWERPA~}j
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<br />MODIFICATIONS. In additiontc the covQnants and agreements madeintheSeCuritYI~~~~~~f';
<br />rower and Lender further covenant and agree as tollows: ' '
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<br />A. I/I.'TEREST RATE AND MONTHLYPAYMENTCHANGESi,.Sih"
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<br />TheNote has an "Initial InterestRate" oL__.13~,!l8(l__.% , ",'" "",', '",,' , .",..'
<br />Interest rate changes may occur on the 1st day of .......,..,.............,..__..OAtober.....,. 19..~..andop,th~,
<br />1st day-of ........,......,..............Januar.;v...__" 19,86-.. and on the 1st day of :........,...............Aj1clJ.:..,-":;:,}~"ll.6,;,.;.
<br />and on the 1st day ol ,....__....w................Ju1.;l............, 19.,86,. and c)tt thm;e da~ofth~"montpS:ip.~, " "
<br />year thereafter. Each date on which the rate of interest may change will be called II "Rate Chaiigll:Qate,;
<br />Changes in principal and mterest payments to adjust amortiza cionol the loan to co~J>OIl,(E With,.
<br />interest rate changes .hall be made on the 1st dayoL......,,__.....,.....,.......J.U1lC.........,..,.., 19.86,.,aiui:iin;tlUIt
<br />date,~ ".,"''',.,'''_.,.,,,~..,.. year(s)theree.fter, Each date on which the principal and .interest., payment u:iay. ,
<br />change will be called a "Payment Change Date". .'
<br />ChAuges-in the interest rate ,are govarned _by cha...~es Lt'}- an in~~t ~-rat$-,indf!x -ea11ed-_,tlie--f'I~d.ex~~_
<br />Check hox{es) to indicate Index.
<br />(1) CJ "Contract Interest Rate, Purchase ol Previously Occupied Homes, NatioDaIAverage lot aIt
<br />Major'I'y~ol Lende1'll" published by the Federal Home Loan Bank Board
<br />(2) ZJ. Aajuatabl.e,.Ral:.A,.Noi.e,..,., t1onth1y;,a"~.ag.e.,y,lel.~..Qn.;n..s~..T~ea~lL.I3,~udt.tfllt.;
<br />ac:l j usl;.ed",l:.o, .Boo. CO!l.8.t.an.t..llia.l..i.1rt.ity., ,0 [",1..yeeU'" ,pub,ll.sh<>d"b"...,t..htt., Faie::al. ,JlllBbr.llll,. lloa!:d.,.", ..,..."....,
<br />Cheek box(es) to indicate litnits.
<br />(1) 0 U th.Lo box is cheded,.them will be no maxinlum .Iitnit onChal1ge8lnthe, Interest ratll U!llll'
<br />down. 'fhe Preliminary Rate referred to in the Note, will be the new inwI'e6trate. .
<br />(2) 0 Hth.Lobox is checked, the inte_t rate that I pay shall not increll$<lffiore than .............'......
<br />lJ<'n:entage points on any .Rate Change Daw.
<br />(3) 0 If this box is chet'.ked, theintereat ra t.e that I plly shall not decrease more than
<br />percentage pointson any Rate Change Date. . .
<br />(4) iillfthis b9x is checked. the. inte1'lll\t rate that! pay shall. nevlll' be more than ,..1,3.95.0..... %
<br />duringt4ePlll'i<)d I bavemy loan.
<br />(5) Iii Ifl;hjs. box is checked, the interest rate that I pay shallnevlll' be lesstban..,(L,......,.....%
<br />during the PIIl'iod I have my loan,
<br />(6) [} If fuisbox is checked. the primipal and int.erest payment that I pay shall not increase more
<br />than ...........,.,.... percent on any Payment Change Date,
<br />(7) 0 If thisbox is checked, .the principal and inter~tpaym<'lnt that! pay shall not decrease more
<br />than ...............m.. percent on any Payment ChaiigeDate.
<br />The mOl1~ payment. amounts will also change onPaym~ntChaiige Dates as provided in thE! Note,
<br />Because payment changes may occur 1_ oftenthaii interest rate changes and! or may be subject to cert~
<br />limitations described in the Note, the monthly payments mar be msufikient at tinlesto pay accruing
<br />inteJ:l!St. In such case, unpaid interest is added to. theprint.-ipa · balance. of the Note and itself will aCt.TUO
<br />int<lrlltlt tlwre.after,
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