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� . # �� 2a0000550 -2- (E) Effective Date of Changes My new interest rate will become ef�ective on each Change Date. I will pay the amount of my new monthly payment beg'uming on the first monthly payment date after the Change Date until the amount of my monthly payment changes again. _. '"� _�� . (F� Notice of Changes . ''`'`'-•" The Note Holder will deliver or mail to me a notice of any changes in my interest rate and the amount of my monthly payment before the ef�ective date of any change. The notice will include information required by law to be given 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 BENEFICIAL INTEREST IN BORROWER Uniform Covenant 17 of the Security Instrument is amended to read as follows: Transfer of the Property or a Beneficial Interest in Bonower. If all or any part of the Property or any interest in it is sold or transferred(or if a beneficial interest in Bonower is sold or transferred and Borrower is not a natural person)without Lender's prior written consent,Lender may,at its option,require immediate payment in full of all sums secured by this Security Instrument. However,this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date of this Security Instrument. Lender also shall not exercise this option if: (a)Bonower causes to be submitted to Lender information required by Lender to evaluate the intended transferee as if new loan were being made to the transferee;and(b)Lender reasonably determines that Lender's security will not be unpaired by the loan assumption and that the risk of a breach of any covenant or agreement in this Security Instrument is acceptable to Lender. To the e�ctent permitted by applicable law, Lender may chazge a reasonable fee as a condition to Lender's consent to the loan assumption. Lender may also require the transferee to sign an assumption agreement that is acceptable to Lender and that obligates the transferee to keep all the promises and agreements made in the Note and in this Security Instrument. Bonower will continue to be obligated under the Note and this Security Instrument unless Lender releases Borrower in writing. If Lender exercises the option to require immediate payment in full, Lender shall give Bonower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. By signing below, Borrower accepts and agrees to the tenns and covenants contained in this Adjustable Rate Rider. %/l��v � _ ��VIICH L TOURNOR Boirower Boirower Fonn#519(10/96) Page 2 of 2