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�01�0�� LOAN �: 0038347852 of interest I have been paying far the preceding iz month(s). My irrterest rate will never be greaterti�an �.�so� which is called the "Maximum Rate.° (E) Efifective Da#e of Changes My new interest rate wili become effective an each Change Date. I will pay the amount of my new morrthly payment beginning on the firsfi monthly payment date after the Change Date until the amour�t of my monthly payment changes again. � F) Notice of Changes he Note Holder will deliver ar mail to me a natice of any changes in my initial fixed interest rate to an adjustable interest rate and of any changes in my adjustable interest rate before the effective date of any change. The notice wnll include the amount of my monthly payment, any information required by law to be given to me and also the title and telephone number of a person who will answer any question I may have regarding the notice. B. TRANSFER OF THE PROPERTY OR A BENEFICI�►L INTEREST IN BORR0IA/ER 1. Ur�til Borrower's initial fixed interest rafie changes to an ad}'ustable interest rate under the terms stated in Section A abave, Unifarm Covenant 1 S of the Security Instrumerrt shall read as follaws: Transfer of the Prope�or a Beneficlal Interest in Borrower. As used in this Section 18, °Interest in t e Property° means any legal or beneflcial interest in the Property, including, but not limited to, those beneficial mtereststransferred in a bond for deed, contract for deed, installmen# sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. If all or any, part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate paymer�t in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall prov�de a period of nat (ess than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay all sums secured by Security f nstrumsnt. If Borrower fails to pay these sums prior to the expiration of this period, Lencier may invoke any remedies permrlted bythis Security I nstrument without further notice or demand on Barrower. 2. When Borrower's in�ial faed interest rate changes to an adjustable interest rate under the terms s#ated in S�tion A above, Uniform Covenant 18 of the Security instrument described in Section B1 above shall then cease to be in eifect, and the provisions of Uniform Covenant 18 of the Security Instrument shall be amended to read as fallows: Tran�fer of the Prvperty or a Beneficial Interest in Borrower. As used in this Section 18, "Irrterest m the Property" means any legal or ben�cial irrterest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the interrt of which is the transfer of fitle by Barrower at a future date to a purchaser. If all or any part of the Properiy or any Interest in the Property is sold or transferred (or ff Borrower is not a natural person and a beneficial interest in Borrvwer is sold or transferred) without Lender's prior wr'rtten consent, Lender may require immediate payment in fufl of all sums secured by this Security Instrument. However this option shall not be exercised by Lender if such exercise is prohibit� by Applicable Law. Lender alsa shall not exercise this option if: (a) Borrowrer causes to be submitted to Lender information required by Lender to evaluate the intended transferee as if a new loan were being made to the transferee; and (b} Lender reasonably determines that Lender's s�urity will not be impaired by the loan assumption and that the risk of a breach of any covenant or agreement in this Security Instrument is acceptable to Lender. MULTIBTATE FIXED/AQJUSTi98LE RATE RIDER-tlVS.I One�Year UBOR-Singla Fampy-Fannle Mae Unifo Form 37s7 8/01 Taitials a 0 20o�-2om online �ocumerns, Inc. Page 2 of 3 s�e u � � ,� F� , IY'.�',�. � . - .'