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<br /> �pplkable net yleld In effect an th�date and time of day that the Note Holder receives notice of my
<br /> elatlon to exercise the Conditional Refinance Option. If thie required net yield is na[ available,tbe
<br /> Note Holder wUl determine the New Loan RAte by using comparable infonn.ation.
<br /> 4. CAIiCUTATING THB NBR/PAY1�lBNT AMOUNI' —
<br /> Provlded the New Lc��n Rue u calcul�ted in Section 3 above le not grearer than 5 percrntage
<br /> poinu above the Note Rate and all other conditions requiral in Section 2 nbove are satisficd, the
<br /> Note Holder will deterasine the amount of the monthly payrnent that will be sufficicnt to repay in full
<br /> (a) the unpdd principal, plus (b) accrued but unpaid intorest, plua (c)all other sums I will owe under
<br /> the Note and Securlty Inatrument on thr. Note Maturity Date (assuming my monthly payments then
<br /> ere current, as requiral under 5ection 2 abovo), over the term of the New Loan at the New Loan
<br /> Rate in eqwl monthly piyments. 'Ilie nsult of this calculation will be the new amount of my
<br /> princip�l and interest payment every month undl the New Loan f s fully paid.
<br /> S. EX�tQSR�IG A� CONDI'1'IONAL IiF,FIIdANCB OPTION
<br /> The Note Holder will uotlfy me su lenat 60 calendar days in advaace uf the Note Maturity Date
<br /> nnd edviee me of tbe princlpal, accrued but unp�td interest. and all other sums I am expected to owe
<br /> an the Note Maturity Date. 'Ihe Note Holder also will advise me that I may exercise the Conditional
<br /> Refiaana Option if the condittons in Sectlon 2 above are met. The Note Holder will provide my
<br /> psy►na►t record inforniati4n, togcther with the name, title and address of the person repraenting the
<br /> Note Holder thxt I must notify in orcltr to exercise the Conditionul Refinance Opcion. If I meet the
<br /> conditions of Sxtion 2 above,I may exercise the Conditional Refinance Option by notifying the Note
<br /> Holder ao eu'lier thAn 60 calendar days and no later tttan 45 calendar days prior to the Note Muturity
<br /> Date. The Note Holder wilt calculYte the fixed New Lou► Rate based upon the Federxl Hotr� Loen
<br /> Mortgage Corpotyuion's applicable publishal roqulnd uec yleld in effxt on the date and time of day
<br /> nodfictuion Is roceivod by the Note Holder a��d es calculued in Section 3 above. I will then have 30
<br /> calwdar d�ys to pmvide the Note Holder wlth acceptable proof of my requirod ownership,occupuicy
<br /> and property lien stxtus. Before the Note Matudty Date the Note Holder. will acivise me of the new -
<br /> iuieieei ,.ta(ihc .":c�Lo;st P.^.:�)�a=:"sr:.'athl;gHymcn! A*!?��int and a date.Nme and uls�cce at which
<br /> I rnuat �pg�eu to aign any documents ra�uirod to comple�e the required refinancing. I understand the
<br /> Note Holder will chuge me a 5250 procesaing fx and the coats yssociated with the exercise of the
<br /> Coadltional Refmance Uption, including but not lim:ted to the cost of updsuing the title insurance
<br /> policy.
<br /> BY SIGNING D�LOW. BORROWER r.capts a�id ogrees to the terms and coveaxnts contaiinod
<br /> in thia Balloon Rider.
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<br /> CURTIS MITTS -Borrower -Borrower
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<br /> -Borrower -Borrower
<br /> ���� — (Seal)
<br /> -Borrower -Borrower
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