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201503433 (B) The lndex Beginning with the first Change Date, my interest rate will be based on an Index. The "Index" is the weekly average yield an United States Treasury securities adjusted to a constant maturity of one year, as made available by the Federal Reserve Board. The most recent Index figure a�ailable as of the date 45 days before each Change Dat� is called the "Current Index." If the ]ndex is no longer arrailable, the Note Holder will choose a new index which is based upon comparable informatian. The Note Holder will give me notice of this choice. (C) Calculatpon of Changes Befare each Change Date, the Note Holder wil[ calculate my new interest rate by adding 7W0 AND 750/1000 percentage points ( 2.75Q %) to the Current Index. The Note Holder will then round the result of this addition to the nearest one-eighth of one percentage paint (0.'[25%). Subject to the limits staied in Section 4(D) below, this rounded amount will be my new interest rate until the next Change Date. The Note Holder will then determine the amounf of the mont��y payment that would be sufficient to repay the unpaid principal that I am expected to ow� at the Change Date in fuf] on the maturity date a# my new interest rate in substantial[y equaE payments. The resuft of this calculation wil! be the new amount of my monthly payment. (D) Limits o� Interest Rate Changes The interest rate I am reguired to pay at tf�e first Change Dafe will not be greater than 8.500 % or less ihan b.500 %. Thereafter, my ir��erest rate wif] r�e�er be increased or decreased on any single Change Date by rrtore than two percentage poir�ts (2.0%) from the rate of interes# I have been paying for the precedir�g 12 monfhs. My in#erest rate wilf ne�er be greater than 11.500 % or less than 6.50fl %. (�} E�fective Date of Changes My new interest rate will become effective on each Cf�ange Date. [ will pay the amount of my new mont�ly payment beginning on the first montf�ly payment date after the Change Date until the amount of my monthly payment changes again. {F) �iotice o� Changes The Note Holder will deliver or mail to me a notice of any changes in my interest rate and the arr�ount of my monthly payment before the effective date of any change. The notice will incfude infor�-nation required by law to be gi�en to me and also the #itle and tele�hane number of a person who will answer any questifln I may ha�e regarding tF�e notice. 24048622 MU�TISTATE ADJUSTABLE RATE RIDER- ARM 5-2 Fannie Mae 4-21�-216-2 ARM Single Family - Fanr�ie MaelFreddie Mac lfN[FQRM INSTRUMENT Form 31'[1 '[101 VMP � ,�fU —P822R (0804) Wolter5 Kluwer Financial Services lnitials: Page 2 of 4 �CC.�