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<br />;)108773--1
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<br />ADJUSTABLE RATE RIDER
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<br />84_005&0'8.
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<br />nllSAnJilrl1\lU: RAm RIlER is .!!!!!de.. this 3th day of November. . 1%'4 ...a,IKi:is
<br />~itrtnandshall be deemed to amend~1:he rortgag.,~ Of. 'l'fijjtor?Secud.~
<br />Deed (the "Security l'.nstJ:tmE!nt") of the_ date given by thecl.me\'&1lP!d(tbe "lbrtaOiler")tc:'set:Ure
<br />m~sAdjLJ$tableRate tbte(tte"lbt:e") t<:.. :ro\tF5f:t.~-j.;.a& Inc. ...........
<br />\we......l:ltt, __ . same (tate Q. ~......~. .
<br />property described in the Security Inst::ruIIent and located at:
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<br />
<br />lql1 (~-t"t'\fip.j ~~;o-~k e{Yl'"'I,p
<br />
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<br />
<br />, ., - _.: - ~ .. '.':,,,---,-'--,
<br />The Note Contains Provisions Allow'_1ng. F~~,_ Cha_98~:l~_ Ine;- ,Th:e-~ ~l~1;:~:~~_~~~~-~;~~{--O'
<br />Monthly Payment. The Borrower May Limit Monthly Pa}'llent..lnc,l.'ea~''J;o.:J;l.
<br />Year It The Provisions Of The Note Permit It.
<br />"-':"):.-; .
<br />~ CXJ.'ENANl'S. In addition to the ctM!I1BIItS and..wiw"7 tbal,.:
<br />InstrUIIent, l!o~...d ~ ~ ~1:lIII'!illlmt. and agma asfo1l<sllJ:
<br />-;_ij;,!C--~
<br />A.. INTEREST RATE AND MONTHLY PAYMENI" CHANGES .--, - .,"~:(;--.
<br />'!he Note prclIIi.des for an initial interest rate of 11. 5')0 %. 1be!i)te ~~.cl~i~.iil;llJ\
<br />the interest rate and the lIDl1thly pa}'llEl1tS. as ~ ,.'-. - .c" . 'c.
<br />
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<br />';' '_ - _' _-"d'__."
<br />-" ",,' '~--,- _-c.','" .:'::;
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<br />- - c." .'.,'.-.-,,\:~_t
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<br />;~":..ir:;'f~J;1
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<br />"4. INTEREST RATE AND MONTHLY ~'.Pt;lENT Cli:'::;4'ES
<br />(A) ~ nttes " ,
<br />The i.nteri!st rate 1 will pay lf1i.i.j c.....tiP.o:: the. fint. day of J.uuc .. . . . .....;'J:g.&
<br />that day ewry 6th llD'lth ~ter. Each: date on, Wdch 1l\Y' interii$ttatBOOI:ilIt'~y
<br />"Chtqe Date". .' .. . .......
<br />
<br />(B) The Inia
<br />'RPg1rni~ "lith the first <llaqse Date. my interest rate will be ~ on 8Q ~.
<br />is the weekly ~ au:tion rate en l11ited States Treasury bills "lith a COD.Sl:iIl:tt1lBtlllti.~ Of. ,6
<br />1lD!.1ths, as lIl!.lde ava.Uable by the Federal.ltietveBoatd. Themoet rec:mt. Indelt:f~'.~).\_'~'
<br />the date 4S days before esdl ~ IBte is calle:I the "0Jrnnt Jndelt". . ..
<br />
<br />If the laiex is no l.oqp!r available.tlie Note UnlMt' wi1.l clDolile anewi.tdelc~'~~;,~,
<br />ccmparable infollll1tion. The tbte !bIder will give DE mtice of thisdxW:e.
<br />
<br />(C) Ca}enll'tiQ<l of ~ . ..... ........ ......
<br />Befote. each Chtqe Date, the tbte Iblder will ,..,l"nl_ my new ~~l1.j;i:
<br />t 1 ~ ~...v'll!F ;ni.'ltS (>. '25 %) to the ~~1h!t.~~~;
<br />round re. t ofth1s addition to Hi tIe!irest ~. ot OIlii~~~",,:W"
<br />rounded<BUJt; wUl be my1Wl i.t1tenlSt rate l.Cltil thena.t:<1vIDgeDate. }~'Wr;~new
<br />
<br />,-iill ntS'\'Cr dXcecd 14.990% . .' .:- __ .'. ,,' '.-', :.;:,). :<_;' .-::'~:-:~::;::->i';~,:.7'
<br />llegl.mingOD J.;.nuurt . 19 ag. and. en each 6th ~Datie:.~t:~ic,-...;.
<br />Note Iblder will -1"" tlle. alDnt 0/; tlii iiiiiII:hly pa)1lIBDt.. l:ll8t 1bW1be~tu:'Mf~lit:l:v.
<br />wpaid prin:i.pal that I I.ID. expected tn awe at the ~ Date in fUll on.u. ~date:at;:tbe
<br />"P~t Rate" in sWJtantially equal ~.ThisOv.tDgeDate isaliklca1led.a~~
<br />Date. 1be Pa~ Rate is tilt _ of the. lDlex f:lgures on the :,. ~:'" .'
<br />Pa')'IIIent <hlnp Date plus the Qm:eot Indelt. divided tv 6 plU8. 3.12 5
<br />o 125 X), rOIJ3ded tn the nearest orlIr'eigbtbofooe ~(O... . .
<br />RiteWiIl never elIIlellIi the IllIIldam rate stated aho\Ie. The result of this <.'a1....1~cnis: '.
<br />'''Full Pa)1llllnt". It. w:lll be tba new I.ID.OUlt of my lIIllOti1.4' pa~. lIllea8 I~' tbl::aIIOUlt;.~
<br />by ~t.,,", 5 belOii or Ir.a. 5ectioo 6(B) rcquill16 a h:l:gber pa)lllllat.' . .
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<br />(D) Effectiw Date of Olaqes .... "C
<br />~ 115 intereSt rate will bec:aM effective on each a-. Date. I w:Ul Jl8)': the ~"Of lII1',t18OJ'
<br />llIll\t.hly pa)a!llt ~ on tile fitsl: ".~l.ly ;a}'!l!mt date after each l'a]lment <llI.t8e. Date. 1.UI:il ttlk
<br />_t of IllY .....thly ~ c..~ again.
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<br />S. lIORllOWER~S RIGHT TO LIMIT MONTHLY PAYMENT; RSQUlRED FULL PAYMENT
<br />(A) Calculation of Graduated LilD.i.ted. Pa)llll81t
<br />I 118Y clDose to illld.t the <Rll1lt of lIlY new llIll\t.~ pa~ fol.lotdng a ~. Date if lIlY new
<br />inten!st rate would CCU$e the llIOI1thly pa)'lIleJlt I have been pa.y:I.Jlt to in:relIIIe ~ lIDte t:hsn. _ and
<br />ooe-balf percent (7.5%). If I cl1:xlee to lilIIl.t tba aII!DUlt of 1llY IIDlthly lB)'llIllII.t. I llllSt give the Note
<br />Holder B:ltice b'liit r a= dcl.~ l!O at least 15 days before my first tBi lIlOIlthly pa,ylII!lIlt is due. tohen I
<br />~ l;!O. on the first llIlIDtbly pa)1llEllt date after the Pa)llllElnt ~ &te I w:lll be&1n payUc a new
<br />!UIth1y payIllIl5Jt which w1ll be ~ tv to'- 'l:r"'t I have been pa~ each lIDDthfur the~
<br />e.lve m::&1ths I1I.Iltip11ed ~ tba mailer t.075. Thet'eafter. on each ami~ of my new ~
<br />~etf":nt'i,,", date. Ulltil the llllKt ~ QlIlD@e 14t.e. lIlY llIOIlthly ~t w:lll again iIv:~ to
<br />an -.at. t:llpll. tn the _t I haw been payitc -=h <!leot,!l for the ~ twelve IIIllltbll
<br />IIUltiptied by the ll.IlIbl1Ir 1.075. These _1:8 are ca1.1at the "Graduated LilDited ~".
<br />
<br />-. if I r- dDll8l tD lJDd.t lIlY UIlDthly piiY\"lDlt. Section 5(B), 5(C) or S(D) below lIIlY require
<br />_ tDpa)la d1fferent ~.
<br />
<br />(8) ~!tlathly ~
<br />A GnIlual;et Ula1ted PoI)1lIlllt could be greater t:hsn. the anwt of a lIlOtlthly pa)tBlt weh tlwn
<br />-.w '- tlQtf1d.lSlt tn ~ !If' LIlJllUd pdncipal in full en the lIIltunty date at tba Pa)8llPt Rate
<br />~ on a. lalIt ~ 0-..... Ollt.e in !lu!l!ftIll'I'iAHy equsl JlfI)IIIIi!Iits. If 80, on the date lIlY
<br />Illl~ a ~. LitIIlted Pa~ \<O\Ild CilI18e llIl tn pay _ than the 1.oooer a.IIOI.nt, my llDIlthly
<br />~ 'fi,ll rot ~ to lIrl aIIIOWt !Uty sr-ter t:hsn. su::h ~ 8:ll1lt.
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<br />TMC-OlH (qc)
<br />N.w 7/84
<br />Plalls 2-;' or 2-)3
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