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��1 5�5�34 <br /> �B� The �ndex <br /> Beginning w'rth the first Change D�te, my interest rate w'r�� be �ased ❑n an lnde�c. The <br /> "Index" ;s: Treasury Cor�stant Maturi ty 1 Y�ar <br /> The most recent I ndex ��gure auai�abl� as af the date: � 45 days 0 <br /> before each �hange Date is called the "Current �ndex." <br /> �f the �ndex �s no Ivnger aWaifable, the N�te Halder wi�� chaose a new Ind�x that is bas�d <br /> upon comparabl� informati�n. The Nflte Ho��er wi�� gi�� me n�tice af this ch�ice, <br /> 4C} Cal�ulatian of �hanges <br /> Before each �hange Date, the N�te Ho�der will ca[cul�te my new �nterest rate by adding <br /> T�� aND 875/10D0 percentage points <br /> � 2.875 °/o} to the Cu�rent �ndex. The Nate Holder will tnen round th� result of <br /> th�s additi�n to the � Nearest � hlext �igh�st 0 Ne�t Lowest <br /> � �.l���D °�a�. SubjeGt <br /> to ths ��mit$ stated in Section 4�D} befvw, th�s raunt�ed amaunt wi�� �e my new interest �at� <br /> unti! the next �hange �3ate. <br /> �The Not� Holder wi�l then determine the amaunt af the monthly paym�nt that w�uld be <br /> suffi�ient t� repay the unpaid principal � am �xp�cted ta �we at the Change Date in full �n th� <br /> Maturity Dat� at my new interest rate in su�stant�ally equal payments. T�e r�su�t of this <br /> calculat�an W�ll be the new amount �f my monthly payment. <br /> �] lnterestw�n�y Peri�d <br /> The "inter�st�-Only Perivd" is the period �rom the date of this Note thraugn <br /> . F�r th� interest-�vn�y periad, after ca��ulat�ng my new inte�est rate <br /> as pro�ided aba�e, the Note Hv(de� will then determine the amvunt �f �he montnfy payment <br /> that wauld be sufficient to pay the interest which a��rues on the unpaid principa� of my �oan. <br /> Th� result of this calculation wi�� be the new amaunt Qf my rnonthly payment. <br /> The "Amvrti�ation P�riod" is the per�ad af�er the interest-only periad. For the <br /> amort�zatian peri�d, a�ter �a�culating rny new interest rat� as prvv�ded abo�e, the Note Hvider <br /> wi�� then det�rm�ne the amount of the monthly payrnent that wvufd b� suff���ent to repay the <br /> unpaid prin�ipal that � arn expected to vwe at the Change C�ate in fuf� on the Maturity (�ate at <br /> my new int�rest rate �n su�stantia��y equal payments. The resuft of th�s calculation will be the <br /> new amount af my manthly payment. <br /> �� <br /> � <br /> �n�tials: = <br /> �-�99R ��51�} Page � of 5 <br /> a <br />