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2� 1 ��8745 <br /> Ad'ustab�� Rate Rid�r <br /> J <br /> �'4-Year LiB�f� lndex - Rate �aps� <br /> �Assumabl� After initi�l Period] <br /> T�3�� AD���s�`�B�,F RATF1 R���R is made t��s���h day of Dec�mber, 2�1�, an� �s incorporated <br /> inio an� sha.l� be deemed to amend �t�d suppl��n�nt th� Mc��g�.ge, �eed of Tr��t, or Securit�� D�ed <br /> �th� "Sec��zty,Ir��stru��l�r�t"��f�h� �a�n�d�.t��iv�n �y th� ur�d�t s�g�ed �the "���rawer"}to se�ure <br /> the B�rraw�r'�Adjustab�e Ra��I�1c�t��the "N��e"}to Wells Far�a Ba�k,N.A. �th� "Lender"}of <br /> the same date and co�ering�he prap�ri�� ��scr��ed in the ��curity �ns�rument and lo�a�ed a�: 3127 <br /> V���DKID�E BLV D, �RANI) ISLAND,��� 658�1-7Z�9 �Prop�t-�y Address] <br /> THE NCITE ��NTAIN�P��VISI�N��LL+C7�VIN�����HAN�E S IN THE INTER.�ST <br /> RATE AND THE �I�NTHLY PAY�vIENT.THE N�"�]E I�IMITS THE AM�IJNT TI�E <br /> B�RR�D�VER'S ADJ�TS�'A�LE INTEI��T R.AT� �AN CHA��E AT ANY�N��IIVIE <br /> AND THE MIN�M[TM AND 1VIAXI�vYtTM RATE�'��I� B�I��WER MUST�A�� <br /> Additional ���er�ar�ts. �n add�tion�:o�he cor�enants and agreements made �n th� Secur�ty <br /> Ins�rument,Borrower and Lender further cover�ant al�d agree a.s f�ll�ws: <br /> A. interest Rat� �nd Monthly Payr�n�r�t �ha�ges. ��h�Not�pr�vides f�r an initia� �nt�r�s�rate <br /> af 3.375°�0. The Note�r��ides for chaxl�es i� �:��e ���terest ra��ar�d the ��non���y pay�ner�ts a�fol�ows: <br /> 4. Int�rest Rat� and Mor�thly Paym�nt �h�an�e�. <br /> �A� �hange Dates. The interes�rate I wi�.� pay may chan��on��re first day af.Ianuary, �a2Z, and <br /> may chang�an that day etiT�ry 1�th rnonth th�reaft�ra Ea�h date on wh�ch ta�� inter��t rate could <br /> �;hange i�ca�led a ``C'hara�e Dat�". <br /> �E3} The index. Beginning�vith th� ��r5t�han�e I�at�e, rr�� interest rate wi1l be based an an �nc�ex. <br /> The `'�n��x" �s the one-�ye�r Loradon Inter�ank�f�'ere� R�t��"L.IBf�R"}which is the average of <br /> �nterb�.��k of��red rate�f�r�ne-�ear U.�. do�l�r�d�n��r�inated deposits in�he London market,as <br /> �ubli�hec� �.� The Y��r�l�'t�e�t Jour�xal. Th�i7tfl5t C�:��I7� �t�C��X Vralu�atitailabl��s of th�date 45 days <br /> before ea�h�har�ge Dat� is ��.�led th� '`�������ent Irzc�c.�x, " ��av���d that if�he Current Inde�is l��s <br /> �han Lero,th�n the�urren�I��dex vv il1 be��emec�to b���r� f�r��urp�ses af calculating my interest <br /> rate. <br /> If the Ind�x�s n� �on�er ati�ailable, the N�t� I-�old�r w�tl �ho�se a new inde�which is based upon <br /> compa�abl� informati�n. Th��ot� �o�der will gi�e me n�t�.ce at`�his chaice. <br /> �C} Ca��u�atifln af�h��ig�s. B�f�r���.�h �l�a���e D�t�j �:he Nc�te Ha�der wi�� calcu�at�r�y new <br /> intere�t rate�y addin�tv�c�and on�-quart��per�centag�p��n���)(�.25�D°/a}�the "Margin"}t�the <br /> �urre�t Index. The N�te�iolder wi�� �hen rouz�d the resul��f�h�s add�tion ta the n�arest ane--eighth <br /> �c�c-o�a2� 2�fl32�fl��6�15 <br /> MU�T�sTA7�AD,IUSTAB��R.4i�RtoE#�-1-Year��8��1�rdex�Assumable after Initial Feriad}Single Fami!y- Fvrm 5131 3i�4 <br /> Freddle MaC UNf��RM!N5"�RUM�NT <br /> vMPo a�r�� <br /> Wolters Kiuwer Financial S�rvices 2Q161�'i 91�.3.2.35�9-J�41�Q72��y Page�vf 4 <br />