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2� 1 ��8� 17 <br /> {B� The Index <br /> Begir�ning w�th the first Chang� Date, my interest rate will be based on an lndex. The <br /> "�ndex" is. Treasury C�nstant Maturi ty 1 Y�ar <br /> T�e most recent Ind�x figure a�aiiaf�le as af the date: � 45 days 0 <br /> �efore each Change Date is cailed the "Cu�rent Index." <br /> If tne �ndex is na langer a�ailable, tne Nc�te Halder will chaos� a new �ndex that is based <br /> upvn compa�able �nformati�n. The Note Ho(de� wif� gi�e me notice af this cho�ce. <br /> 4C} Cal�ulat�on of �hanges <br /> 6efvre each �hang� Date, the Note Hold�r wi�l calcu�ate my new interest rate by add�ng <br /> TW4 Qi�D 75�I1Qa0 percentage ��ints <br /> � �.7�0 °/o} to the Current �ndex. The Not� Holder wilf then �ound the resu�t af <br /> this add�t�vn t❑ the � Nearest � Next Hi�hest 0 Next Lowest <br /> � �.1�5�� °/o}. SubjeCt <br /> t� the limits stated �n Sect�on 4�D� helow, this raunded amount wil� b� my new interest rate <br /> until the next Change Date. <br /> � Th� N�te Ho�der wi1� then dete�m�ne tne amount of the month�y payment that would be <br /> sufficient to repay the unpaid principa� � am ex�ected ta owe at the �hange �ate in full on the <br /> �'r�atu��ty Date at �y �ev�+� ��t�r��t �at� ir� �u�star�tia��y ��ua� payments. The r�su�� ❑f ���s <br /> cal�u�ativn wi�l be the new am�unt af my monthly payment. <br /> [� lnterest-Dnly Period <br /> The "Interest-�n�y Peri�d" is the period frvm the date vf tnis Note through <br /> . For the interest-an�y pe�-iad, after �alculating my new interest rate <br /> as pro�ided abo�e, the Note Hv�der w'rlf then determine th� amount of the m�nthly payment <br /> t�at would �e suffici�nt to pay the interest w��ch accrues an th� unpaid p�incipal of my �oan, <br /> The result of th�s calculat��n wilf be the new amount of my monthly payment. <br /> The "Amartizatian Period" �s the period after the inte�est-�nfy period. F�r the <br /> amortizatian per'rod, afte� calculat�ng my new �nterest rate as pro�ided abo�e, the N�te Ho�der <br /> wrll then determine the amount of the manth�y payment that wauld be suffic�ent ta re�ay the <br /> unpaid princ�pa� that I am expected to awe at the �hang� Date in full on the Maturtty Date at <br /> my new int���st �ate in substantially equal paym�nts. The result of this �a�culation will �e the <br /> new amount vf my manthly payment. <br /> : <br /> I nit�a�s� � .�.�� <br /> �-89�R �051�� Page 2 of 5 <br /> 0 <br />