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<br />003832
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<br />ADJUSTABLE . RATE LOAN RIDER'
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<br />NOTICE: THE SECURITY INS't'RUMENT SECURES. ANO'I'EW1IlCRCO~
<br />A PROVISION ALLOWING FOR. CHANGES' IN THE .I~REST' .~~
<br />CREASES IN THE INTEREST RATEWILLRESULTmmGJmR;l'AYME ...........'.....
<br />DECREASES IN THE INTEREST RATE WILL RESULTINLOWERPA~;iC<'.\
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<br />This Rider is made this .,.~!l,t.I2..,.... day of .......,~l:I!:l......................,., 19..~~.:, andi!liniiorpo.ra~" .
<br />into and shall be deemed to amend and supplement the Mortgage. Deed of Trust,orDeed'to:~~tc:
<br />(the "Seeurity Instrument") of the same date given by the unoorsigned (the''Botrow~'rto'~~~:
<br />
<br />!r~R~;~,~.i:::S:~~~~,~::~~I(:~~~:n:::x.~~~i~~~I~ii.::~C~~:n.~~~:n:~:::~::~:n:f~~~:::;#~~~!Ei~~i~I~!::
<br />(the "Lender") of the ~~e pate ~the "Note"} and covering thepl'Opetty deserlbedittth&secUritr:r'tIStrUb
<br />ment and located at .1...::.n.w.':"~'~.......~,tre.':"~........... ..............!<J;;m,4..);.s.J.~Il!t....~.'itll!.s..l!~.~&.~QL_:._,.. .
<br />PropertyAddmlll
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<br />MODlFleA TIONS. In addition to the covenants and agreements made in the Security Instrwnent.BoJ,..
<br />rower and Lender further cove.nant and agree as follows:
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<br />. t::::{,<
<br />$:%
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<br />A, INTEREST RATE AND MONTHLY PAYMENT CHA~ ES
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<br />The Not.e has an "Initial IntenJSt Rate" of... \2"O.9.<!...%
<br />Interest mte changes may occur on the 1st day of . n.........!!'?,v:..,"!~,,,...., 19..~?.. and ontbe
<br />Jst day of ,"n" ..............f~l:>~~...U..., 19.!!fL and on the 1st day of ,....................'..~!!Y__mm....m. 19JI_~-,
<br />and on the 1st day of."....".."".""...,,~,\I.!!.!!!lL.u..., 19.,8~.. and on those dates of those months ineve7
<br />year thereafter, Each date on which the rate of interest may change will be called a "Rate Change Date' .
<br />
<br />Changes in principal and interest payments to adjust amortization of the loan to correspond with
<br />interest mte changeo; shall be made on the 1st day of "".."......,............AIIgIIli.L.....".. 19.(l,Q". and on t:.ult
<br />date ~ery. -::-:-:-.::::::.. yearts) then....fter, Each date on which the principal and interest payment may
<br />chang.. will be ('ailed a "Payment Change Date",
<br />Changes in the ink~t. r!!te are governed by Ghangt.~ in an interest rat.e index called the HlndexH~
<br />Cht.,,,k box!es) to indicate Index,
<br />( I) ~~-: "CQuL1"!!ct Int~,rest Ratc~ Purcba..q.~ of Previou~dy O(~upied Homes. National AVt:mge for all
<br />;-fajor 1'yp<"! of l,enderll" publu.hed by the Federal HOllle Loan Bank Board.
<br />
<br />dO jus ~_ e~, .~~~~, _f.~_~~~~~~:~~t.~~~~, ;~j~~~ _-:(~:l_ei__ ~~~rn ~;~;J; '\~~ ~~~~:8~~ :~~~~.: ~~~:~~ ~~~t: ~~~~~~i}y.~:.~~~~~r~:~'!:~t~ -~,~,~ >.A
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<br />Che<,k box(...) tn indicate limit..,
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<br />( I) ~.: If thUI box is chockoo. t.here will be no maximum limit. on ('hanges in the interest rate up or
<br />down, The Preliminary Rale referred to in the Note, will be the. new intel'Cllt rate.
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<br />(2) If this box is ch~ked. the inte.....,t rate that pay shall not inen'lIst! mOTt! thllll
<br />p"""'enugtJ 1,~Hnt;; on I\IIY Rate ChanK" Date,
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<br />(:3) If this box is c'beck,;d. the interest rote that pay "hall not det.rt.ase mow than
<br />p':lf(,'t>ntai"poillu; on any Rate Change Date.
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<br />(4) :1< If tJU" box is dIL...'1.00, th,' inl"re.;t rat" that I pay ,hall never be more than ..th~,s9,. .. %
<br />,luring tho p,'rlo<l I have my loan,
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<br />(5) :~ If this box is che<.,ked. th.. intd""t rote that I pay shall never be lellS than . Q.. . . . %
<br />during the period I have my 10<1.11,
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<br />(6) If thi.~ hox j" ('hee'ked, lhe prindpal and inte........t pay"",nt thM I pllY shall not inert'as" mort>
<br />than lK'rc".ut on any Payment Change Date,
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<br />t 7) 11 this box is ehe<.'ked, the prmcipaJ llnd interest payment that I psy ,hall not dl'Crt'asc morC'
<br />than pe.rcent on any Payment Change Date,
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<br />The monthly payment a.mounts will aL"" thange on Paynwnt Change Dates as provided in the Not~.,
<br />Bc<;au..... payment changes may Q('cur 1_ often than inte...,..t rat" ('hanges and/or lIlay be subject to certain
<br />limitations de<lC.l'ibed in the Note, the monthly paYUl(.nts may be ingutlident at. timt'li to pay nCl'l'uing
<br />ml~'"",l. In such case, unpaId IOW...,..t is add.:."l to the principal balance o! the Note and itsd! will accro,'
<br />int...rest thereafter,
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