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��1 5��7�3 Z�.Adjustahle-•Ra�e Feature.Under the Note,the initial stated interest rate of 3.45�°/�which ac�rues an the unpaid principa�balance�"�nitial Intere�t Rate"}is subj�ct tn�hange,as described below. When th�interest rate changes,the new adj usted interest rate wi II be app�ied tv the total outstanding principa� balan�e. Each ad�ustrnen�to the interest rate wil�be based upon the average of interbank off�red rates for one-year U.S.dollar denominated deposits in the Landon Market�"LIBOR"},as pu�lished in The Wall Street Journal�"Index"},r�unded ta thr�e digits to the right of the decima�point, p�us a margin. If the�ndex is n�langer a�ailable,Lender will be re�uired to use any index prescribed by the Departrnent af Hausing and Urban Development.Lender will give Borrower notice af n�w index. Lender wi�l p�rf`arm the caicuiations described below to determine�he new adjusted�nterest rate.The interest rate tnay change 4n�Ctober 1,�O1G and on that day of eaeh succeeding year. "Change Date" rneans each dat�in which the int�rest rate cauld change. The value of the Index wi�l be determin�d,using the rnost re�ent Index figure a�ailable thirty�3�}days before the�hange Date�"Current Index"}. Before�ach Change Date,the new interest rate will be cal�ulated hy adding a margin ta the�urrent Index. The sum of th�margin plus the�urrent Index will be called the "�alculated Interest�ate" for each Change Date.The Calculated�nterest Rate wi�l be campared to th�interest rate in effect immed�ately pr�or to the current�hange Date�the"Existing Interest Ra�e"� The�alculated Interest Rate�annot be mare than�_�percentage points higher�r]ow�r�han the Existing Interest Rate,nor can it be more th�n 5.0 percentage po�nts higher�r lower than the Initial interest Rate. The Calcula�ed�nterest Rate will be adjusted ifnecessary tv comply with the rate limita.#ian(s�described ab�ve and w i 1 t b�in effect until the next Change Date.At any change date, if the Calculated Interest Rate�quals the Existing Interest Rate,the interest rate will nat change. 27.Rec�nveyaace. Up�n payment of all sums secured hy this Security�nstrum�nt,Lender sha�l request Trustee to re-convey the Property and sha�l surrend�r this Security Instrument and al1 notes e�idencing debt secured by this Security Instru�nent to Trustee. Trustee shall reconvey the Property with�ut warranty to the pers�n�r persans iegally entitled to it. Such persan or persons shall pay any recordation costs. Lender may charge such person ar persans a fe�for r�con�eying the Property,but only if the fee is paid to a third par�y�such as the Trustee}for services rendered and the charging of the fe�is permitted under applicable law. 28. Substitute Trustee.Lender,at its opti�n,rnay from time to tirne remo�e Trustee and appvint a successor trustee to any Truste�appo�nted hereunder by an iristrument recorded in the c�unty in which �his Security Instrument is recarded. �]Vithvut canveyanc�af the Praperry,the successor trustee shall succeed to al�the title,power and duties cnnferred u�an Trustee herein and by applicable law. 29, Request for�oti�Qs. B�RRQV�IER HEI�EBY RE�UESTS THAT,iJ�LE55�THEI�WISE PRESCRIBED BY LAW,A C�PY�F AI��I��TICE�F DEFAULT aR 1�I�TICE�F SALE PURSUAIVT T�THE�I��IJUDICIAL FQRECL�SURE�F THIS DEED�F TRUST BE MAiLEI] T�B�RR��VER AT B�RR�WER'S MAILIN�ADI]RESS 5ET F�RTH HEREII�T, 3U. Rtders ta this Security Instrument.If one or more riders are executed by Barrower and recorded together with this Security�Instrument,the ca��nants of�ach such rider shall be incorpora�ed inta and sha�l amend and supplement the co�enants and a�reements�f this Secur�ty Instrument as if the rider�s} Pagc 11 of 14 HECM F irst L7eed�f Trust-24l 5