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200UU0189 <br /> (B) The Index <br /> Beginning with the first Change Date, my interest rate will be based on an Index. The "Index" is: <br /> US Treasury Bill <br /> The most recent Index figure available as of the date: � 45 days � <br /> before each Change Date is called the "Current Index." <br /> If the Index is no longer available, the Note Holder will choose a new Index that is based upon <br /> comparabie information. T'he Note Holder will give me notice of this choice. <br /> (C) Calculation of Changes <br /> Before each Change Date, the Note Holder will calculate my new interest rate by adding <br /> TWO AND 5 0 0/10 0 0 percentage point(s) <br /> ( 2.500 %) to the Current Index. The Note Holder will then round the result of this <br /> addition to the � Nearest � Next Highest 0 Next Lowest <br /> ( 0.12500 %). Subject to the limits stated in <br /> Section 4(D)below, this rounded amount will be my new interest rate until the next Change Date. <br /> The Note Holder will then determine the amount of the monthly payment that would be sufficient to <br /> repay the unpaid principal that I am expected to owe at the Change Date in full on the Maturity Date at my <br /> new interest rate in substantially equal payments. The result of this calculation will be the new amount of <br /> my monthly payment. <br /> 0 Interest-Only Period <br /> The "interest-only period" is the period from the date of this Note through . <br /> For the interest-only period, after calculating my new interest rate as provided above, the Note Holder <br /> will then determine the amount of the monthly payment that would be sufficient to pay the interest which <br /> accrues on the unpaid principal of my loan. The result of this calculation will be the new amount of my <br /> monthly payment. <br /> The "amortization period" is the period after the interest-only period. For the amortization period, <br /> after calculating my new interest rate as provided above, the Note Holder will then determine the amount <br /> of the monthly payment that would be sufficient to repay the unpaid principal that I am expected to owe at <br /> the Change Date in full on the Maturity Date at my new interest rate in substantially equal payments. The <br /> result of this calculation will be the new amount of my monthly payment. <br /> r. <br /> ��� <br /> Initial . <br /> ��899U (9705►.01 Page 2 of 4 <br /> ,.T � „ � <br /> t 1 i.1 � � � 4 <br /> _. .�€ <br />