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new interest rate in substantially equal payments. The result of this calculation will be the new amount <br />of my monthly payment. <br />(D) Limits on Interest Rate Changes. The interest rate I am required to pay at the first Change <br />Date will not be greater than 4.000% or less than 2.000 %. Thereafter, my interest rate will never be <br />increased or decreased on any single Change Date by more than one percentage point (1.0 %) from <br />the rate of interest I have been paying for the preceding 12 months. My interest rate will never be <br />greater than five percentage points (5.0 %) higher or lower than the initial interest rate stated in <br />Paragraph 2 of the Note. <br />(E) Calculation of Payment Changes. My new interest rate will become effective on each <br />Change Date. I will pay the amount of my new monthly payment beginning on the first monthly <br />payment date after the Change Date until the amount of my monthly payment changes again. <br />(F) Notice of Changes. The Lender will deliver or mail to me a notice of any changes in my interest <br />rate and the amount of my monthly payment before the effective date of any change. The notice will <br />include information required by law to be given to me and also the title and telephone number of a <br />person who will answer any question I may have regarding the notice. <br />(G) Effective Date of Changes. My new interest rate will become effective on each Change Date. <br />I will pay the amount of my new monthly payment beginning on the first monthly payment date after <br />the Change Date until the amount of my monthly payment changes again. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this <br />Adjustable Rate Rider. <br />Borrower <br />0 LS <br />D ate <br />Seal <br />HCFG -00603 <br />FHA ARM Rider -One Year Treasury Constant Maturities Index (09/14) <br />VMP® 12/14 <br />Wolters Kluwer Financial Services 2015052215 .1.0.3112- J20150123Y Page 2 of 2 <br />•61890 15 2 <br />11 <br />1 <br />11 <br />1 <br />V <br />20150342E <br />11 <br />1 <br />1 <br />1 <br />1 <br />