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<br /> _ (�CSICUI8�0II Ot jIIt¢t'CSt RSt¢C�lSOgCS i�,. ' � °•��.
<br /> • . Beforc each Change Date.l�etWer will catculate a new mrerest rat�by adding a margin of Two and . ��;:" -
<br /> - Three / Quarters Fe��Fo�tsf( 2.7500 �'o)co 3;�: � <� .
<br />_ the Cunent Indea and mundiag the sum to the nearest one-eig�th af onc percentage point(0.12S9o).Subjea ��=:: � ,'�• z
<br /> to the limiu stated ia paragraph(D)of this Rider.this rounded�arimunt wi11 be the aea interesi rate until the ;s.:`• �`°, ;: .
<br /> - aer.t Q�ange Date. � �(.;, �
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<br /> F�' ; (D)Limits on Interest Qtate Changes r.. �
<br />-�; :- ; .;� i'he existing intecest rate wiU never i�se or decTease b�y more thaa one percentage point(1.Q�)on ,,; � '
<br /> f;t�.. ..�,�C:;':'`;t�£° a�r•ssnP,IB Change Date. The in[ecesc rate�1 never be acore thaa.fitir.Ferc�at�e FoiF►ts(S.0°!o)higher or '>' . -�: .,:�:� 1"-
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<br />_.; .~y�,►r;��'>,f. Lo�v�r shan the mitial'mtenesc�as stated in Paragraph 2 of ttra•Note.. �:' '�~�r�::-
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<br /> ; � �� (E��A��,r�+n of Paymeat Change %` �� .f
<br /> '` . � If the intes�x rate changes on a Change Date. Leader wiIl icalcu}ate the amovne of monthly pay[aent of ;. Y f
<br /> _ . . al and ia�est wluch would be neoessary to repay tPie u� balance in fu11 at the Maturiry . !'"�`;';'
<br /> - PrinciW l��P�� �; , : ;..r�r�,��_.
<br /> , Date a t t he new i a t e re s t r a t e t h r o ugh s u b s t a n t i a 1 Jy eq u a l gaa�s e u t 3:I a m a k i ng s u c h c a t c u 3 a t i o n,L e a d e r w i U u s e ;. ti, .
<br /> � the:�paid principal balance wIucb wauld be owed on the�hange.Date if t�ere had bcen ao defautt in payment ' <<, �"}i �•.y;
<br /> ! - an the Note.radu�d by the uttount of amr{�refzaymenu to priraipat:The result oS thic calculation w�U be the .`• ` , �� �
<br /> � i amowt of the r;��cionihlY Pa3+men�of�S�aa,t aud interest. ;.:.�;�. :��',i=��r.;,:
<br /> at 1%;.; ,��. .;
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<br /> ,. ,. Notice of Changes , ,�f t.�cs ,�
<br /> :�;�'i'� • ltxnder will give notice to Sorrower af�change in che int�rest rate aud mcv�^�y:�rayrtient amount.The � ':����, .i` _
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<br />__�;;� m�a�.ue must be given at teast ZS days before d�e new momhly paytnaat�acxs:�t is d-�.�i m►rst set fonh(i)the �J.`, �:::lf��, ���;
<br /> ' �e of the noace, (ii>the Change Date. tiu� the old inierestittuc. tio•).•cl�z new interest rate. (v)[he new �.,�..i�i ` ;;s��..',�
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<br /> :n�athly paymenc amount.(vi)the Current Index and the date ic�was pug�:i�,��.(vii)the method of calculating �:;::�ll� �. � .,_
<br /> � d�change in monttily paymeat amount,and(viii)any other infoxmatzon whi�ch tnay be required by law from �j'�,�, ry�+t: ';' - '
<br /> .4 . � t5mrtotime. ' �``� � - :;.
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<br /> ','' (G)Ei'fective Date of C6anges r_ t : ' =_�;°
<br /> A near interest nte calculated in aoccrdance with paragtappa (C),aad(D) oF this Rider wi.tl l�ecome ,��,• { �r
<br /> `- effective on the Change Due. ]Borrower shaU make a payment 3n.1ba nsw maarhiy annuat begianing on the ' `� . ,t :�
<br /> � fir�payment date which a� at least 25 days after Leader:has givca Barra�r�i��r natice of chan$es �' }ti!�r��}jy��"c
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<br /> ,.� � - ',,,, .`= r�,uired bY P�Ab f�af�is Rider. Born�wcY sLaii have no obligat:�a to Qa;�a�+ �:ease ia the monthly �,- .=� ,�r -�
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<br /> - .. FaYment amount calrulated in accordance with paragraph(E)of this Rider_foz ar.y paytncat date orcurring less .. .
<br />-=��• than 25 days after Lender has given the required noticc. If�th� ca�a.�*� paytneat amnuat calculated in � ? •
<br />�'��', accordanee with ara ph(E)of this Rider decreased.but lxnder failed co i re cima notice of the decrease .. .
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<br /> �f�. and Borrower made any monthly payment amounts eaceeding thq paytnnnt antau�t which shoutd have hPea _. . . . ..
<br /> �; stated in a timely notice. then Borrower das the oprioa to eith�r(i) demand th¢ return to Borrower of arry '` ' '
<br /> '' �` •� eacess paymen[.wiih interest thereon az tbs Note nte(a rate eqaal to thn interest cate which shoatd have been �'�; . ' '
<br />-` `�' ' stated in a timety notice). or(ii)reyuesc�b:� any excess paymoat.with interesl tGaraon at the Note rate, be ' •
<br />�;.`�� � `F��;:i ' applied as payment of principal. Leader's obtigation to retum any eacess payment with interest o�deR�and is , � . �
<br /> �;`�+, , �`�`t.`' not assignable even if the Note is cct�etwise assigned before the dumnad for retura:s�.3ude." • ' �1
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