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RIDER
NOTICF:: TNF SF.('URITY INSTRIiMFNT SF.CURFti A;~OTE ~YNICH CO\TAINS
A PROVISIUti AL1.OWING tOR CHANGFti IN TNF: ItiTM:RF:~T RATE. IN-
CREASFS iN THE INTERFST RATE W1I.I. RF~l11.T IN NI(;HE:R PA1'MEN7'5.
DECRF.ASFti !N TH~ lNTF.REST RATE WILI. RI~SULT 1N LO~~'F.N PAYMF:V1'S.
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.Thi~ Rider is madc this .~'.~.'.~~ . clay of ;: X': ~-L-~-{- a;~ ,,., 19 8~. .., and is inrorporated into and shall
be deemed to amend and supplement the Mortgage. Deed of Tr st, or Deed to Secure Debt (the "Secu:ity~ Instru-
ment") oi the same date gi~~en by ~he undersigned (the "Borrow•er"1 to serure [3orrow~er's Note to . ... . . . . . . . . . . . . . .
.. First Feder~l Savings.& Loan AssociaUon of.l,ake.Worth_ ....
.............. . . ........ .....
(the "t_ender") of the ~ame date (the "Note") and covering the property descrihed in the Serunty Instrument and
located at . . 51.55, NoXth. .S~ate .Rpac~'.A~~1.. .Fprt _P~e.rGe... .F~pr~da. _33450 . . . . . . . . . . . . . . . . . . . . . . _
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Mudifications. In addition to the covenams and agreements made in the Security~ Intitrume~t, f3orroN•er and
Lender further covenant and agree as follows:
A. INTFREST RATF AND MOtiTHI.Y PAl'MENT CHAVGF~
The No.e has an "Initial Interest Rate" of ..14.750. ,,~-o. The Note interest raie may tx increased or decreased
on each Change Date, as describeci in the Note. Change~ in the interest rate are go~erned b~• chan~es in the "Contract
Interest Rate, Purchyse of Previously Occupied Homes, hational A~•erage for all \tajor T}•pe~ of Lenden" made
available by the federal Home Loan Bank Board (the "Index"1. The interest rate cannat be ~~hanged to mo~e than
five. Fercentage points higher or lower than the Initial Intcrest Rate.
If the interest rate changes, the amow~t of B~rrower'S monthlp payments Hill change as pro~~ided in the Note. ln-
creases in the interest rate will result in higher pa~•ments. Decreases in the interest rate wil! result in low~er payments.
B. LOAN CHARGES
It~rould be that the loan secured b}~ the Security Instrument is subject to a law• H~hich sets maximum loan charges
anrl that lau- ic ir~te~nrPtPr1 :n that thr inte~rect ~r nther loan charee: collected or to he collected in connection with the
toan would exceed permitted limits. If thi~ is the case, then: (A) any such loan charge shall be reduced by the amount
neces;ary to reduce the charge to the permitted limit; and (B) any sums already collected f'rom Borro«~er which exceed-
ed permitted limits will be refi!nded to Borr~v-•er_ Lender may choase to make this refund by reducing the principal
owed under the Note or by makin^ a direct pa~~ment to Borrower.
G TRAtiSFF.R OP THE PROPERTY
If there i; a tran.ler of the Propert~~ subjert ta paragraph 17 of~ the Securi~~~ In,trumcnt, t_cnder may reyuire
either an inrrease in the current tiote interest rate or an incrcase in the Base Index tigure, or both, as a condition of
Lender wai~ing the option ta arcclerate provided in paragraph !7.
By signing this, Borro~~cr ag~ecs to all of the abo~c.
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Elva A. Heise -B~rrower
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RRM L#215837
ADJUSTABLE RATE LOAN RIDER-, To a caM~:r-~oeo-c-+~M~ ~nico~+M iHSrRUMENr
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