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<br /> a las t6�n 3.875 96.'ilere�fiar,my adju�Ublo interott ata wiU ncvor be ioaea�ed or dea�ea�ed -
<br /> �I oa.ay s�e L�uato by woro uw�1rw aaa 000/iooa pe�ceo�,�e
<br /> � point(s)( Z.000 4b)from t6o rate af intamct I luvo bua payiag for tha preading 12 maathR.
<br /> INy iutaac rate«riu aever bc gre�tu ta.n 11.Y7s 9b.a►hica i�caUea ua-M.�amwn wua' ` =
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<br /> _ a,f• � . �, . My oew iatenat ratewlU bwome e�'ectiHC oa wcd C�ango Datc.I wiU pay the amouat of roy new montWy
<br /> :=,�.., ^ .. , . � P�Y�mt be;isniog m tbo�Ct mantW9 Ml�eat d�to�tla Ciw�,o Dato aoti!1he�ow�ut d'my moo�ly
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<br /> -•-_`���;y�.••-_, ' (�7 Notbe ot �
<br /> —�:'��-'F� Ttio Nato Holde�deUver or m�il to ma a aotice ot a�y c�s io my adjuztablo intercsi ratc��Be =
<br /> �.. � :� .,.'" amoant of rnY a�ooWly WYmcat 6etor+e the cBectiv�e d�te oft awg �Ma�oge.Tbe aatice wiq iocludc Warmatioo =_-
<br />„�'��- ' i .�� roqninodb}r l�wr a bo g�vea ma�ud also Wo ptk ad t�leQlioMeot�mberof a persoa wbo will amwe�aayr queRtiios
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<br /> �m,� ;��,:��.,��, 1 rapy 6ar�s�g,wrdiqg liw a�r�aiuc. _
<br /> r• c�: ' e, F'IXED IMERF�T 1tA1�O�1'ION ��,:..
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<br />_°'��� :: ' T6e Note pro�ides iar t�e Soravorr.r's option to come�t 6rom ao adjusta6�e intatest rate wiW ioterost r�ta
<br /> _ I�mits to a fcced intere�t rate.ss tolloa+s: --
<br /> r :;��� i► i�uLltiir 1KntItM;�1' Nlk'11�CUNVL�R3IUN lDi"Y'rUN . --
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<br /> ,,� '.,�•;�;',';` 'A)OpfiM W C�vwt w I�Ined R��e ��
<br /> -_. �.�= '�'•`:' 6avo a Conversion Optiaotliat 1 can excrdse unless 1 ana in default or tLis Sa.�cAb�n S(A)wid not pernat aue �',,_�
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<br /> .,.• w do sa 71be''Coaver�ioa Optioo'is my opti�w w 000vert the interest ratc t am requined to W9 bp tLis Note �_
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<br /><t�„;:h;, �t;;� fmm an ad,qustable rate wit6 interest rate limits to t6e faed rate calculated under Section S(B)6elow.
<br />"�,�;!r �`' .. :.: The ci►aversion can anly tsJce plaoe on a date(s)speciGed bY the Note Holder duriag t6e period beginuing oo �`_.
<br />�`�''�• �', i�f�' tlie iact(�a e DaYr aa�d e oa the 6Rh y � �
<br />-•- „ - -- .- . .:j.�r. n� ndin8 ChaoBE�ate.Each date on ar6ich�a ad'uslable ioterat r�te eaa
<br /> .. sh , ,� aonviert to We oew fuced�ute is calkd the'Convercioa Date' .�.
<br /> .;•,��'•� . If 1 waat ta eaercjse the Conv�ercion Optioq I must&tt mat artaia oonditions.Those caaditioos are that: ��-
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<br />:�t, _: �. .'�i.'' (�I must gh�e the Note Holderaotia tlwt 1 waot to do so;�ti�011 lIIC COIIVC�SWII DAlB�I mksx ca�1 be in default =�..
<br />-=5;, �r^ tmder tbe Note or tbc Secw�ity Instrumeot;(rii)iry a date specified by the Note Halder. 1 must pay We Note �°�
<br /> - �,i�9't :i��,e fiulder a aonversion fec ot R1.S.S s50.00 ;and('�v)1 muct sigu aad�ve t6e Note Holder aay �'
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<br /> . ,� �c,�,; Qoc�ments t6e Note Holder r�quires to effect the cuuversioo. ;.,
<br />;�i ,'"�Ir . r+krt b..,y. � � t1,. �
<br />,rt"�" (B)C,�Ioul�tloo ot Flbted lGte �::::
<br />����- �� M new fixed intcrert ratcwiU be ual to t6e Federal Natiu�nal Mo req yn `
<br /> y , eq rtga�e Associadon's uired net 'eld ���"
<br />-�='4-� �v of n dete snc�ti�e of da • aE�d tls;,I':atc tictd�:r Far c �f t�:�ori al tt•�+�i�hia Note is eatert6an iS °
<br /> k,-.- .:- �;., Y••F�e bs C)� � � =_-
<br />-- , s:.h ,�:ars, 30-yetu fured ratc raottg,a�ges covered by a �able 60-da mandad �delive commitmen u� "�=-=-
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<br /> .„r�..�,•14'n �Qi�e-cigbths of one percepu�tpoint (0.625%), rounded to the ncarest one-zi�,pu6 of one percentage point
<br />•.� .�� '� �'`'' 0.125°�b. or u J the o' -
<br /> � ; . 1 ( ) (")' ngjnal tcrm o[this Note is 15 years or less, 15•year Cuced rate mortgages covered by _
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<br /> appWx►ble60�day mandatorydeGvcry commitments,plus five-eig6ti�of one percentagepoint(Qb25�o), rounded �,_-
<br /> :�� „,.; , to t6e nearest one-eig6th of aae perceaiage poiat (0.125%). If this required net yield caric��!�e determiaed F'�`
<br /> ao �'f� �' �. because the a hcable coromit,aentsare rra¢availwble�the Note Holdcr will deterwinem y using "�'°-
<br />�`�• �, ,�;;t, i,t� . . , PP� y iat�nst�ra¢e b u ing �_-
<br /> ri3�,'': ts �Y;',�.4�y' � comparableioformatioa.My aea ratc calcaolated wade:r ahis Sedioo S(B)will aot be greater thau t6e Mw�imum
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<br />�;�� �� 1�,,<<. �i1 ir (�NCW Pi►�lpt Ar10YY�YOd E�[StivC �Gt!
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<br />'���h:},� ?�•=;�.��c�{;, ��•;��, , If I c9ew�.to e�tercise t6eConve�siom Optio�a,thY Note Holelcrwill determu►et6e unouatof t6e mopt6ly g�
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<br />�,�`��, 73�,�'�,r,;, ,��� . ,ps�yment t�a¢wo�ld be suftideat to repay thc unpaa�p�indpal l am expectcd to aae on the Cnnversion Datc a �'
<br /> ;�';� �+_; '>-,, �.;f�.';':':�.,; � QaiB on We Maturity Date s�t my new fuccd iatevcs¢•raie ia substaatiapy equa!payments. T6e result o� cka: !;:'
<br /> " • '''�:::`" i,'� �;,� celculation will be the new an.ouc�t of m montlil eat.Be ain with m fiosa monthl ent afler t�e -
<br />� •. . ..�.��;�::: Y Y PaY� B� 6 Y Y PaY� —
<br /> _ s::_,,. ��, � �ti,;•��_' . � Coaversioa Date,l will pay tb,�aew aaamua�as my monthly payroent untd the Maturity DaQe. -
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<br /> ,.',M1�+�;:,:;f� C. 7RAN3FER OF THE PROPERTY �Qt A BENEFICIAL IN7'ERE.ST IN BOIYROW�R ==-_
<br />�,�'�"=�`A ���'•'"�� `�y:`•�`+T"�; . ' l. UoW Borrower enerciscs the Conversioa Option undcr the conditiop� saaled in Sectiva B of �C�i
<br />��� � � '�'�f�`��' Adjustable Rate Rider,Uoiform Covenant 17 of lQt�S:;curity Instrument is Ameo+t�t�tn rcad as follows:
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