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2000 .0163 <br />(B) The Index <br />Beginning with the first Change Date, my interest rate will be based on an Index. The "Ir*ex" is: <br />US Treasury Bill <br />The most recent Index figure available as of the date: ® 45 days 71 <br />before each Change Date is called the "Current Index. " <br />If the Index is no longer available, the Note Holder will choose a new Index that is based upon <br />comparable information. The Note Holder will give me notice of this choice. <br />(C) Calculation of Changes <br />Before each Change Date, the Note Holder will calculate my new interest rate by adding <br />TWO AND 750/1000 percentage point(s) <br />( 2.750 %) to the Current Index. The Note Holder will then round the result of this <br />addition to the ® Nearest El Next Highest E] Next Lowest <br />( 0.12500 %). Subject to the limits stated in <br />Section 4(D) below, this rounded amount will be my new interest rate until the next Change Date. <br />The Note Holder will then determine the amount of the monthly payment that would be sufficient to <br />repay the unpaid principal that I am expected to owe at the Change Date in full on the Maturity Date at my <br />new interest rate in substantially equal payments. The result of this calculation will be the new amount of <br />my monthly payment. <br />E] Interest -Only Period <br />The "interest -only period" is the period from the date of this Note through <br />For the interest -only period, after calculating my new interest rate as provided above, the Note Holder <br />will then determine the amount of the monthly payment that would be sufficient to pay the interest which <br />accrues on the unpaid principal of my loan. The result of this calculation will be the new amount of my <br />monthly payment. <br />The "amortization period" is the period after the interest -only period. For the amortization period, <br />after calculating my new interest rate as provided above, the Note Holder will then determine the amount <br />of the monthly payment that would be sufficient to repay the unpaid principal that I am expected to owe at <br />the Change Date in full on the Maturity Date at my new interest rate in substantially equal payments. The <br />result of this calculation will be the new amount of my monthly payment. <br />Initials: <br />(M-899U (9705).01 Page 2 of 4 <br />