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<br />84 -003615
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<br />Loan No, ...,594l7.~1.~,18......
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<br />UNCOI.N
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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: . IN-
<br />CREASEIijIN THE INTEREST RATE WILL RESULT IN HIGHI!lRPA.YM:EN'rS.
<br />DECRE;\9ES,-lNTRE'INTEREST'RATE WILL RESULT IN LOWERI'AYMENTS.
<br />, , ,i ;:\ ,;""wr",;~:';".""i Jul' 8 ..... . ."
<br />ThIS RIder IS l'ladll tfil~ ..___.__~..da;",of ,.....................,.....,y............., 19.......4,. and. IS Incorporated
<br />int" and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secul'e'nebt
<br />(the "Security Instrument") of the same date given by the undersigned (the "Borrower"} to secure Bor.
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<br />(the "Lender") of the same date (the "Note") and coveringthepropertydescribediJitheSecurltyIIIstnl-
<br />ment and located at ,6.Q8..1'.hl'.all,~,ul;..Rx.i,y'l'...,..........,.. ............,.,....G:r;;)J.g..,J;d~.u<:\~.J~."'J;!!;g,"M..!'i,tl.l;l,QJ,,,,:.....~..
<br />Property Address
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<br />MODIFICATIONS, In addition to the covenants and agreements made in the Security Instrument,:BOl'"
<br />TOwer and Lender further covenant and agree as follows:
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<br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES
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<br />The Note has an "Initial Interest Rate" oL....U".4.!l!L.., %
<br />Interest rate changes may occur on the Jst day of ................,.............1l!?.Y"'Dl!?!!.'?m..,19i~.6.... aIid()ucth!l'.
<br />1st day of ....... ..............f.".1ml~Xy....,' 19f1L.. and on t! 'st day of .,......................~.Ym'............, 19:!!L:.
<br />and on the 1st day of ..............................A"g!l...,t,.., 19,!l7.... and on those dates of those monthsineve.ry
<br />year thereafter, Each date on which the rate of I"terest may change will be called a "Rate Change Date~':
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<br />Changes in principal and interest payments to adjust amortization of the loan to. correspond with
<br />interest rate changes shall be 111ade on the 1st day of ..,............................Augus.t..,........., 198.l.... and ()n,t}jat
<br />date every ....:-:::::::::::-.::..... year(s) thereafter. Each date on which the principal and interestpaymentraay
<br />change will be called a "Payment Change Date",
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<br />Changes in the interest rate are governed by changes in an interest rate index called. the "Index",
<br />Check box (es) to indicate Index.
<br />(1) 0 "Contract Interest Rate, Purchase of Previously Occupied Homes, National Average for . all
<br />Major Types of Lenders" published by the Federal Home Loan Bank Board,
<br />( 2 ) K1 Adj lJ.s,t,a bl.e. ..R.at.e.. .N9. 1;.e..:::. .MR)).tJ\J,y... '" Y.~I:!!g-"..y :i,!"J.<:\.. R))....O' ,.S..,...1:r:",!!,,,.u.D'..s..~."'!!:r: g.i.",~....
<br />ad j us t.ed...t.o...a.. !;.O.uSctliJJ.t., .1JIatJ.lxJ.tY.. !?J.. .L..'y-',"<\I:., P.\! QJJ. ~.~~<:\, .1;lL t h",...f.~ <,!", "."J.Jl.!!.".",:r:~!!, }l~".'?d.:.............. .....
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<br />Check box(es) to indicate limits,
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<br />(1) 0 If this box is checked, there will be no maximum limit on changes in the interest rate up or
<br />down, The Preliminary Rate referred to in the Note, ,,~II be the new interest rate.
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<br />(2) 0 If this box is checked, the interest rate that I pay shall not increase more than ....................
<br />percentage points on any Rate Change Date,
<br />(3) 0 If this box is checked, the interest rate that I pay shall not decrease .more than.........,..,.."..,
<br />percentage points on any Hate Change Date.
<br />(4) [Z! If this box is checked, the interest rate that I pay shall never be more than..lJ,..,'15,Q:....%
<br />during the period I have my loan,
<br />(5) [Z! If this box is checked, the interest rate that I pay shall never be less than..Q................ %
<br />during the period I have my loan,
<br />(6) 0 If this box is checked, the principal and interest payment that I pay shall not increase more
<br />than ....... ............ percent on any Payment Change Date,
<br />(7) 0 If this box.is checked, the principal and interest payment that I pay shall not decrease more
<br />than .................... percent on any Payment Change Date,
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<br />The monthly payment amounts will !lIRO change on Payment Change Dates as provided in the Note,
<br />Because payment changes may occur less often than interest'rate changes and/or may be subject to certain
<br />limitations described in the Note, the monthly payments may be insufficient at times to pay accruing
<br />interest. In such case, unpaid interest i~ added to the principal balance of the Note and itself will aCCnIe
<br />interest thereafter.
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<br />Funu 84.1
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