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RIDER
NOTICF: THF. Sf.Cl1RITY INSTRl1MENT ~E('l1NF:ti A\OTt: w'HI('H ('OtiTA1NS
A PROYISION AI.I.OWING FOR CNAN(;~:5 IN THF INTF.RM:ST RATF:. IN-
CRF:A~FS IN T~IE INTEREST RATF W11.1. REtiUI.T IN NI(;HER PAYMF:NT~.
DECREASFS IN THE INTERFST RATE w'ILI. RE.tiULT IN LOWER PA1'MH:NTS.
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This Rider is madc this ~. Il . . day of .'~ . . /: / . . . . . . . , 19 81. . . , and iti inrorporatcd into and tihall
be deemed to amend and ~uppleme~t the htortgage. Deed of Trust, or Ueed t~ Securc Debi (the "Security Instru-
ment") of the same date gi~en b}~ the undersigned (the "F3arrower"1 to ~c~urr Borrower's Note to . . . . . . . . . . . . . . . . .
_ . . _ . _ _ . . . . . First Federal Savings & Loan Association of.L,alce Worth
(the "Lender") of the ,amr date (the "Note") and covering the propc:rty descritxd in the Security In~trument and
loc:ated at . . . .Sl ~5. .North .St~.te. Road. A.1.A. . Fo~C p~er~~,~ . F~ozid~. .33450 . . . . . . . . . . . . . . . . . . . . . . .
/'ronrrr~ Addre•ti~
Modificatiuns. In addition to the co~enant+ :~nd agreements made in ihe Se~urit~~ In~trument, Borrower and
Lender further covenant anc~ agree as follows:
A. INTERFST RATE A\U MOtiTH1.Y PAYMF:tiT CHANGF.ti
The Note has an "Initial Interest Kate" of ...l4 • 7~. ..°-o. The Note intere+t rate ma}~ be increa~ed or decreased
on each Change Uate. as describrd in the Note. Changes in the interest rate are governed by rhanges in the "Contract
Interest Rate, Purrhase of Previously nccupied Homes, National A~erage for all \lajor T~•pes of Lenders" made
available b~• the Federal Home Loan Bank Board (the "Index"j. The interest rate cannot be changed to more than
fiye, ~rccntagc poi~ts higher or lower than the Initial Interest Ratc.
If the interest rate changes, the amount ot~ BorroHer'ti monthl~• pa}•ments w~ill change as provided in the Note. !n-
creases in the interest rate will result in higher payments. De~rea~es in thc interest rate N~ill result in lo~~~er payments.
B. I.OAN CHARGFS
It rauld be that the loan secureu b}• the Security In~trument is subject to a law which sets maxirrum loan charges
and that taw is interpreted so that the interest or other loan charge~ collected or to be collected in connection with the
loan ~~ould exceed permitted limit~. If this is the case, then: (A) an}~ such loan charge shall be reduced by the amount
necessary to reduce the charge to the permiued limit; and (B) an~• sum; already collected from Borrcwer which exceed-
ed permitted limits w~ill be refunded to Borro~er. I_ender may choose to make this refund b~~ reducing the principal
owed undcr the Noie or by~ making a direct payment to Borso~~•er.
C. TRAti~FER Ot TNE PROPFRTI'
If there is a tran~fcr of the Propert~ wbject to paragraph 17 of the Sr~urity lnstrumcnt, Lender ma~• reyuire
either an increasc sn the current Notc interru rate or a~i increatie in the Rase Index iigure, or both, a~ a condition ~f
LCS1C~Ci «'~it';Tir iii~ (S~(~O~i it1 ~-~~~~Ci~ZiC 7fOL"Ii3l'i3 ir ~aragraFt~ t~ ~
B~• signing this, Borr~~er agrecs to all of the abo~e. _~t _ ~-
. ~ . .~ . . . . . ~~~^" . . ,u.> . . . (Seal )
Francis Karl Maggiacom~'
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~ Kath'~een Marie 1~laggiacdmo._. -gorruMCr
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rank Paul M~ggiacomo `~~~~ -EiorroMCr
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Gera~dine Dorothy Ann Maggiacomo
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~ ADJUSTABLE RATE LOAN RIDER-~ to a ~a~~~r_toso FNiMC uNitoaM ~hsrPU~ENr RxM L#z17924
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