Fill and Sign the Adjustable Rate Rider Variable Rate Note Form

ADJUSTABLE RATE RIDER THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE INTEREST RATE EVERY YEAR. IF THE INTEREST RATE INCREASES, THE BORROWER'S MONTHLY PAYMENTS WILL BE HIGHER. IF THE INTEREST RATE DECREASES, THE BORROWER'S MONTHLY PAYMENTS WILL BE LOWER. I, ________________________, the undersigned, the persons designated as "Maker", in that certain Real Estate Lien Note between _________________________, therein designated as "Lender/Payee", and the undersigned, dated the ______ day of ________________, 20____, hereby ratify and consent to the following alteration in such Real Estate Lien Note made by and between the parties described above: A. INTEREST RATE The Note provides for an initial interest rate of ________ percent (______%) per annum. Section B provides for changes in the interest rate and the monthly payments, as follows: B. INTEREST AND MONTHLY PAYMENT CHANGES 1. CHANGE DATE The interest rate I will pay may change on the first day of _________, _______, and every ninety (90) days thereafter. Each date on which my interest rate could change is called a "Change Date". 2. THE INDEX Beginning with the first Change Date, my interest rate will be based on an Index. The Index is the weekly average yield on the United States Treasury securities adjusted to a constant maturity of one (1) year, as made available by the Federal Reserve Board. The most recent Index figure available as of the date forty-five (45) days before each Change Date is called the "Current Index". If the Index is no longer available, the Note Holder will choose a new index which is based upon comparable information. The Note Holder will give me notice of this choice. 3. CALCULATION OF CHANGES Before each Change Date, the Note Holder shall calculate my new interest rate by adding one percentage point to the Current Index. The Note Holder will then round the result of this addition to the nearest one-eighth of one percentage point (0.125%). This rounded amount will be my new interest rate until the next Change Date. The Note Holder shall then determine the amount of the monthly payment that would be sufficient to repay the unpaid principal balance of my loan that I am expected to owe on the Change Date in full on the maturity date at my new interest rate in substantially equal payments. - 1 - 4. EFFECTIVE DATE OF CHANGES My new interest rate will become effective on each Change Date. I shall pay the amount of my new monthly payment beginning on the first monthly payment date after the Change Date until the amount of my monthly payment changes again. 5. NOTICE OF CHANGES The Note Holder will mail or deliver to me a notice of any changes in the amount of my monthly payment before the effective date of any change. The notice will include information required by law to be given me. 6. MAXIMUM RATE The maximum interest rate which may be charged during the term hereof is __________ (_____ %) per cent per annum. 7. MISCELLANEOUS Wherever used in this document, the singular shall include the plural, and vice versa, where the facts or context so admit. EXECUTED this the _______ day of _______, 20____. _________________________________ - 2 -