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ADJUSTABLE HATE LpAN SIDEIt ~~-- O~i~J~'~D NOTICE: THE SECURYTY INSTRUMENT SECURES A NOTE WHICH CONTAINS A PROVISION ALLOWING FOR CHANGES IN THE IIv'Z'EREST RATE. IN- CREASF.3 TPI THE INTEREfT RATE WILL RESULT IN HIGHER PAYMENTS. DECREASE8 IN THE INTEREST RATE WILL RESULT IN Lf}WER PAYMENTS. This Rider is made this ....._1~~........ dsy of .-.._...October--..-..-••.-....-..., 18. ~1_., and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of ^i'ruat, or Deed to Secure Debt 'the "9egnrity Iastaumeat") of the same date gives by the undersigned {the `Borrower") to secsne Bor- No{e }s :.-.F.~x~:~.,x;~d,~~:a2-,Savings-_~nd _ Lgan. Assvciatiop, of-.Lincoln, [rne! "Lender") of the-same data (the "Note") and eoverng the property described in the Secmdty Instrw went and located at _X13...Y.ir~_T.TiXA~.i .........................................~and..Jsland,_ ~r,ra_~4~----~_--••--- MODIFICATIONS. In addition to the covenants and agreements made in the Security Instnmoent, Bor- arn6er end Lender further covenant and agree sa follows: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Note has an "Initial Interest Rate" of..._.15,8bC__._~ Intezest rate changes may oavr on the 1st day of ....~aae_......._ ...............••---........, 19.83... and on the ist day of ....SP.i1te~L-.-._.---.._.._---.-----, 19B~--- and on the Iat day of ...Becember..___-.•.---------_•, 19-$3.- and on the let day of ____Match....__.._.._ .................._..., 19.81i._ and oa those dates of those ma~ntha in ever year thereafter. Each date on which the rate of interest may change will be called a "Bete Change Date' . Changes in pain' and i pay~nta to ad~'uet amortvation of the loan to correspond with interest zate chanties dull be made oa the 1st day of ..~`.$~h_........._.._.._.._•--.---..-.-•--•--...,188!l:... and ~ that data ever ...~ ..----.....-•_-- year(s) thereafter. Each date oa which the principal and Intelsat payment may change wiII be called a "Payment Change Date". CheckC b~oz{~ee) to inindicate Indez. are governed by changes in an interest rats indez called the "Inde=". Major TyQpee of aLenders~ pubhshsd by coal i~ousll~ ~a ~. ee, National Average for all Ad,~ustable Rate Note -Monthly ,average,yield- on U. S. •- Treasury-•--••_-•-•••.•_-•.--._,-- Securites~e usted to a.constant.• maturity••of.l year,.publi~hgc~ by,-,thy„F~Sj~l:11. R~~g~.y.~..~,3rd. Check box{es) to indicate limits, {1). ~ If this box is checked, there will be no maumum limit on changes in the interest ntte up or down. The Pralim;~rv Rate referred to in the Note, will be the new interest rate. {2) i1 if this-box is checked; the int~~t rate that I pay shall not increase more than ...........-•-•---•- pereentage point$ on any Rate Change Da: . {d)~„ If this bo: is checked, the intermit rate that I pay shell sot decteaae more than .................... pings eta as any Rats Change Date. (9) ~ If this bas is checked; the interest rate that I pay shell never be more thaw ....................% during the period i-have my loan. (5) ®H this boz ie checked, the interest rate that I pay shall never be lees than .:~2,.9QQ.....g6 during the period 1 have my loan. (e) p If this boz is checked, the principal and interest payment that I pay shall not increase more than .................... percent on any Payment Change Date. (7) n if this boa is checked, the priacap4l -and interest payment that I pay shall sot decrease more than .................... peacent oa any Payment Change Date. The mwaatblq { t amounts will also change on Payment Change Dates as provided in the Note. Because payment clhmay occur lens often than interest-rate changes and/or may be subject to certain limi~tioaa described in the Note, the monthly yn to ma be ineul6cieat at times to pay aecruiu-g iateseat; In such-case, unpaid interest is added to~the°~rincipai balance of the Nots and itself will acceue intseaat thereafter. r~ ~w u J