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200010598 If the Index is no longer available, the Lender will choose a new index that is based upon substantially comparable information. The Lender will give me notice if it chooses another index. C. Calculation of Changes Before any of the optional Change Dates, the Lender or its agent may calculate my new interest rate by adding TWO percentage point(s) ( 2.0000 %) (the margin) to the Current Index. The Lender will then round the result of this addition to the nearest one - eighth of one percentage point (0.125 %). Subject to the limits stated in the Note, this rounded amount will be my new interest rate until the next Change Date. If a new interest rate is calculated, the Lender will then determine the amount of the monthly payment that should be sufficient to amortize the remaining principal balance over the remaining term. The result of this calculation will be the new amount of my monthly payment. D. Limits on Interest Rate Change The yearly interest rate I am required to pay at any Change Date will not be greater than S1 xteen percent ( 16.0000 which is called the "Maximum Rate." E. Effective Date of Change My new interest rate will become effective on the Change Date. I will pay the amount of my new monthly payment beginning on the first monthly payment date after the Change Date. F. Notice of Change The Lender will give to me a notice of any change in my interest rate and the amount of my monthly payment (the "Notice of Change ") at least 25, but no more than 120, calendar days before the due date of the first monthly payment at the new amount. 2. CALL OPTION The Borrower hereby grants and agrees and the Lender accepts and retains the option and right to call the loan and require payment in full of all sums due and owing on this Note, and other sums secured by the Security Instrument securing this Note on the date of the 60`h scheduled payment and every 60' scheduled payment thereafter. The Lender agrees to give me at least 90 days prior notice before calling the loan due and payable. The Lender shall have no obligation to refinance the loan. Failure to exercise this option at one call date will not affect the Lender's right to exercise the option at future call dates. IN WITNESS WHEREOF, Borrower has executed this Rider to Security Instrument. WITNESS the hand(s) and seal(s) of the undersigned. L �2� (Seal) Step ani e R Wagner Borrower (Seal) Borrower r /r/o (Seal) Mitch l D Wagner Borrower MLC 240 ARM 5 RIDER (10/99) Page 2 oft AP# 9830237802 LN# 9830237802 (Seal) Borrower