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<br /> . ' i1�JIJS71481E RAT�RID�R A/p� ■/1p A}�{ �
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<br /> 'PHIS A�.LUSYABLE RATE RlC1��is enc�la this a.3th dey of Me,rch �i9aG , �
<br /> `' ond is incorporeted Into and shall be deenned to amend end supptemeni the Mortgege, De�d ot Truat or S�CU�it� r
<br /> ' • Deed (Yhe "�ecurity Inatrument") of the aeme date givsn by th�undaralpned Iths"Borrower")to aeCUro Borrawer's -
<br /> „ . AdJustab�e Rate Nota(the"NOt9")tO COFl48RCYAL CR.ADiT CORPORATION -
<br /> (tho "Lcndcr")ot tho a�ma dsto end covarinp tho qro��rty doacribod in tho Security Inatrumnnt io�atGd ot: �
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<br /> � .,,�a,�� 315 8 iS�'H aW1�10 ISI,MlD. N8 68801 _
<br /> •,%��: lPropeny Addrea�) �
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<br /> - ' "FliE NOTE GONTAIN� PRQVISIONS ALLOWING FOR CHlANGES IN YHE INTEREST RATE AND THF MQNTWI.Y =
<br /> ,. � ' P,4YMENT.TliE NOTE L.IMlTS TH�MAXIMUM RATE THE BORROWER MUST PAY. -
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<br /> -..1.:� �. � Additional Covenants. In additlon ta the covenants end epreements made in the Security Inatrument. Borrower and -
<br /> �>�-:���' Lr�rtder further covenant end agree es follows:
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<br />- �`::�:,��:. [NTEREST RATE AND ldi�Qt�THLV PAYMENT CHANOES:The Note provS�ea for an in(tial interest rate set forth as in
<br /> _.-_:,ff.1,
<br />��,��,e �� the Note.The Note proviaies tor chanaes in the interest rete��d the mon2hly psymenta,as followa:
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<br />_-.�:�:,�-��� The interest rate Borrowar wiU pay may chanpe on the3 �n�th anr�iversary of the Date of Note end evary 3
<br /> :_t�r�. ��nonth�thereafter. Eseh dete on which Borrower'B interuat rate Qauld��hange is celled a "ChanQe Date.'
<br /> �.M�,F;, Beginnln9 �tiith the flrst Change D�t� and every 3 months thereaher, Barrower'� interost rate wiil be chanpod to
<br />'���`�?;:��;a�
<br /> twe Index �t�3e plua e margin as s�+t torth in the Note. The "�ndex Rote" is the h�nl��ost prime rate publiahed In the
<br /> ����_?�� Money R�►t�s column of The Wel!S?•✓ae!Joumsl un the calonder day immeeliai�9y pracedinp the Cha�ga Dato; or, ff
<br /> ��x� the tndex wr�a not pub�i�9�ad on that day,thax rate nn the nex1�precedin�duy nn which tt was publish�d.
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<br /> -__.y o� ML1'ERNATE INDEX: If tha f�dex Rate la no lenper availeblo, �ender wi11 choos�a new Index Rate which it bdlteves
<br />--=-R�°��7� wil!most cloaely approximate tha former Index Rete.
<br /> __ — LIMITS ON RATE CHANQE�:The maximum end minfmum interest rates durinp the life of thfs laen are set forth in
<br /> �— "— the Note.
<br /> MONTHLY IPb�YMENTS: Princtpal end tnterest shal! be pay�eble (n consecutive monthly (nstallmente. {f the rate of
<br /> interest chays�ea, 3he number ot monthly paymenta rivil! nai •Ch�npa. The amaunt ofi.the monthlY p�yanenta wfll
<br /> — ch�npe to the mr,�alhfy amount needed to repay the remaininD unpaid princlpal bafance piu�intorest as chdnfled In
<br /> the remalnf��� numbar a�i payment�, asauming that e+ll paymenta du� afia�r ths caiculatlon ar� tnada ere p[�td as
<br /> scheduled. The first chmn�o, if eny, in the montNly payment emount will become offentive on the 3 month
<br /> �nniv�rsary date of the firat paYment due date. Subasqusnt chanpss In th�manthly�aymsnt amount may ocaur on
<br /> � the psymsnt due date every 3 months thereafter. Eech new payment amaunt wlfl ramatn in�effesct until the
<br /> effsctive date of the next psymant chanpe.
<br /> +(JEFAUL7: If Elorrower fells to pay any paymenta whsn due, Lender may exerctse any ramedies permittod by the
<br /> � �cusdty 7,nsuument In the caae of dofault.
<br /> -- • By Si�ni�p 'Adlow, Borrower accepto end aflreea to the terma and covsnanta conta�ined in this Adjustabls Rate
<br /> Rider.
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<br /> •Borrower -Bar�ower
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