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2� 1 ��7�4 liens an the Praperty as if the fu�l amount had been disbursed �n the date the ini�ial disbursement was made, regardless of the actual date af any disbursement. The amnunt secured by this Secur�ty �nstrum�n�t sha�� include all direct payments by L�nder to Borr�vv�r and all �th�er loan ad�ances perrnitted by this 5ecuri�y �r�s�rument for any purpase. This lien pr�flrity sha11 apply notwithstand�ng any State constitutian, law or regula�ion, except that this lien priority shall not affect th� priori�y of any liens for unpa�d State or loca� go�ernmental unit special assessments or �ax�s. ZG. Adjustable Rate Feature. C�nder�he Note, the ini�iat stated in�terest rate of Three and 9U511UU0"5 percent t3.94fi°/a}whi�h accrues on the unpaid principal balance �"In��iai Interest Rate"} is subject t� change, as described betow. When the interest rate changes, the n�w adjusted interest rate �i11 be appli�d to the tota� ou�standing principal balance, Each adjustment to the interest rate wi�l be based upon the �ne-Year London Inte�bank �ffered Rate�"I��B�R"}as made available in the"Money Rates" section of the'Vl�all 5treet Journal �"Index"}plus a margin, rounded to three digits to the right af the decimal paint.. If the Index is no longer availabte, Lender will be required to use any index pres�ribed by the Department of Housing and Urban De�etapmen�. The new index will ha�e a historical m��ement substantially similar to the ❑riginal index, and the nevv index and margin wi�l resuIt in an annual percentage rate that is substantially similar ta the rat� in effect at the time the or�gina� irid�x beco�es una�ailable. Lender wi�� perf�rm the catculatians described be�o�r ta determine the n�w adj�usted int�rest rate, TY�e ir�terest rate may change on�he first day of February, 2D17 and on that day of each suc�eeding year, �"Change Da�e"} until the loan is repaid in fu�l. "Change Date"means each date in which the inter�st rate couid change. The value❑f the Index wii� be determined, using the m��t recent Index f gure a�ailable thirty �3�} days befare the �hange Date �"�urrent Index"}. Before each Change Date, the new interest rate will be calculated by adding a tr�argin ta�he Current�ndex. The s�m of t�e margin p�us '�he Current Index, subject to the rate limitations below, will be called the "�alculated Interest Rate" for each Change Date. The Ca�cula�ted Interes�Rate will be compared to the in�erest rate in effect immediately prior to the current Ghange Date�the "Existing Interest Rate"}, The in�erest rate will never increase or decrease by more than two percen�age p�ints ��.D%} on any single �hange Date.The int�rest rate will ne�er be more than fi�e percentage points (5.�%} higher or lawer�han the ini#ia� interest rate state�in P aragraph 2 of th i s�ote. The�alculated Interest Rate will be adjusted if necessary to c�mply with the rate �imitation�s}described abo�e and wil�be in�ffect untii the nex��hange Date. At any�hange Date, if the Ca�culated interest Rate equals the Existing Interest Rate,the interest rate wi�l not change. 27. Rec�n�eyance. Upon payment af a�l sums s�cured by this Security Instrument,Lender sha�l reques�Trustee ta reconvey the Proper�y and shall surr�nder this Securi�y Instrument and all notes ��idencing �ebt secured b� this 5ecurity Instrument ta Trustee.Trustee shai�recan�ey the Property without warranty�o the persan ar persons legally entitled to it. Such person or persons shall pay any recordation costs. �ender may charge such person or persons a fee for reconveying the Property, but only if the fee is paid ta a tY�ird party �such as the Trustee} for servic�s rendered and the charging af th�fee is permitted under applicable law. �8. Substitute Trust�e. Lender, at its optian, ma� frarr� time ta time remave Tru�tee and app�int a su��e�sor truste� to any Truste� appointed hereunder by an instrument recorded in �he county in which this Securi�y Instrument is recorded. W ith�ut can�eyanc� af the Property, the successvr trustee shall succeed to all the ti�le, pov�er and duties�onferred upon Truste�herein an�by applicable law. 4ne Re�erse Mortgage,LL� Loan 4riginator:Tiffany Davis Company-NMLS#:2�5Z-Loan Number:33498825�3 Loan Qriginator NMLS#:753Z81 �ITe�r�aska-l�t�l�f��S Securtty Irastrument(Adjustab�e} Pcrge!�af 1� �Bay Docs,LL� l�3IOlI�DI5 qo�3��$��03 oz�� o�s �0�2