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-,,-• .�'f�"jR v-. .—":..ns-i}"`h'—_-- . ' 4` ti.w�..tra•fy'c��r .s.�:� r __ . a .�� . ..�. � �- , . .. .�� t,�1Y;.-; „ ,- , •• . . .� -�S'}•vVwy'�nn.. . r . � � �-.- .5 , M1 ; � �� MMR2�S1 t�� •,�� .�. � Y.� �. Qt�,,p�{�t��1lrMft�R'11�ti0�ftlliNdOAdI�OM.TMIM00�M��'� • :'z� •;l.�r_ . 1pNoM�til�wi{l�a�4t.twaa��o a��t�dote�I.��►�{y�{�.� r��rw ar��., � � �;:�:: . ��!�7�� '��.�w��(!��Y�� , r.•.e� � 1�V• � A '_ - r+qpin��aMli�ottlMOo�o�. , . ' : '' - �_- �, �-�. Ut�G�uWiow d!�l�ttd Ra�e . My new.`�lsed iateccst nce will ba egual to tbe Peder�l Nadonal Mart��e Aswaiationti requirod aet yl�id a�oi�due aid�time of d�y specit7ed 6y ttl�e Note Holda for(i)it tl�e oriRlnd term ot th�Note ia�nea�er tluin ls ya�rs:30•ye�r fi�ced rata mons��e�covered by spPlic�bla 60-d�y m�ndnory deliverycommltmeau.plu�fiva- eiQhtb�af ooe pw+xnta�e point(0.6?,596),routided to tde aearest one�i�hth af one penxnta�e point(0.12396�or (�i)lt the arijlnel term af this Note i� 1S ytars or Ia�,1S-yeu ti�ced nno mort�aQes cavend by�PP��Y miwdatoqr delivery commitmeote,plae fiva-ai�hth�oI one percentA�c paint(0.62396).roundad to the neare�t o�e-d�bth,d'one pencent�e Quiat;(0.12596). If this required net yleld annat be determined bcca�u�e tha appli- cabb cammitiaeptR�re eiot nvail�blo. tt�o Note HaWer�rill determine my iatonst r�te by n�xia�compuabk ��9�'r°°��1t9�°'��i��"1�1�`°t��S�'"'P�►�fi�'"'��'��°e' c�►�+►ra.e.c�..�.r�w.�a.�u.a lf;��o ,1�liqaf��tia'+�*epeiae Ebie+C�n�ersioh Option.tha Note Hotder will detormine the amannt of the montb�' p�yrtNint:tlu�t w�yo�ff de.spf#�'ici��a+to;�tep�y'tbe unpdd princip�l I am extpacted to owe on the Coaveroioa Wco:�a . fu11;a1A tha nwturitj+�date�tt`ilioi��f�x�d interest rate in�ubctantially��equal psy�aent+�.The rc�sult af this c�kf¢;.;:,;�.; .�, lati�i� �vill bo the new�ma�n4�+f my mo�thly payment. Beginning wlch my first moachly payment after tUe;;' ' Cc�pi�ba Date.i wi�l pay t1i�me�w�monot ac my monthlY p�yment uo81 the Maturi�y date. . C.'tRANSPER OF THE FIEOPE�TY UR A BENEFiC1AL INTEREST 1N BORRiOWER l.Until Horrwver exercispl��the Coeveraiaa Opt�on under the condit�ons�tated ia Section B of this Adjust- �b{�'�tte Itider.Uniform Covcpii�t tT of the Security Inctcumeat is amended to read as follaws: .�'IY��uIa[es o[t6e Pt+npert�:w'•a 8a�ellcid[aterat Ip Borrower'.Ii all or any pan af t6e Property or any iatere�t in�t.'i�.?�Id�r;tr#�sferred�(or if a beneficial interest in gorrower Is sold or transferred the.,�arrower is�at e , nAtural persan�w�ihaut L.enddPs prior written consent.Lendor may,ut!ls option,rcquiro�mtnediete payment in � full of all cums secuKed�by this Securiry Instrument.Howevar, ttois option sdal)not be oxerrised by Lender if exeircis�is pt+ahibitcd by federal law as of the dAte of this$ecurity Ia�s�rument.�.ender also shall not exerclse IAis option lf:(a)Bqtiot�Cr causes to be submitted to Lender iafari�ianian required by�l.enr�er to evaluate the intended � ' transferee as if a new loaa were being made to the tran�9'eree;arxl (b)Lender reaso�ably datetmines that I,easl- • er's security wi11 not be impaired by the loon sssumption and�hAt the rlsk of a breach c��'any covanant or agreament in this Security instrument is acceptable to Lendec. '�a the extend permitted by applicable luw.Lender mAy chargc a reasonable fee�as a condition to Lea�der's ' consent to the loan assumptian. Lender also may requice��he transferee to sign an assumption agrcement that is acceptable to Lender and that obligates Ihe transferee to keep all t�e p�omises uad agreemero�ts made in the Note , �nd In this Secarity inatrument. Borrower will continue ta be abOi�A¢ec�under the Note and tQ�is Security Instru- ment unless icnder releaces Borrower in writing. If Lender exercises tho option to require immediate pAyment ia full, Lender shall give Dorrower notice of acceleration. Tbe not�ce shall provide a period of not less than 3�days from the date the notice is deliveced or mailed within whieh Borrower must pay a11 sums secured by this Security Instrurnent. If Bortower fails to pay these sums prior to the expiration of tfiis period.Lender may invoke any remedies permitt�ed by this Security Ins�rument wlthout further natice or demun�i on Bormwe�. ,2. If Borrower exercises 1he Conversion Option ua�rr the conditions stuted in Section B uf this Adjuss�ble Rate Rider.the amendment of Uniform Covenant 17 oP ahe Security Instrument contained in Section C 1 bbnve shnll then cease to be in effect. and the provisions of Uniform Covenant 17 of the Secu�ity Instrument shall , - instead be in effect.as follows: 7Y�ama(er ot the property ar�Benetkiol loterest In Borrower. It all or any part af the Prope�ty or uny interest =: in it is snfd or transferr�d tc+s if a benNficinl intere.t in Borrower is sald or transferred and Ftorrower is nat a - naturel person)without Lender's prior written consent. 4ender may,At its option,reyuire intmediate payment in �_ full of all sums secuced by this Security lnstrument. However, thi�option shull nat be exercised by Lender if — exereise is prohibited by federnl Inw as of the date of chis Security Instrument. — � If Lender eaercises this option.Lender�hall $ive Borrower notice of accelerution. The notice shull prnvide a period of not less than 30 days from the dute the notice is delivered or mAiled within which Borrower must pay _ all sums secured by this Security Instrument. [f Borrower fa+ls to pay these sums p�ior to the expirotion of this period.Lender muy invoke any remedies pe�mitted by this Security Instrument without furlher notice or demnnd _ on Borrower. - ............ ..r�r na�� n____...___....�..... ....�......o��..�i...r.•rm�a�ui envennn�s con�ained in this Adivatuble � �I JNl1�114v DGl.v�7. uw�vv.ta a�wpw..w»�.��..._...--'------ --� - � - - Rate Rider. _ ............... ................ .... . ....($CA�) .��/.'`V��",F, ,�.. .... .......... .... .... Borrower ...IScoll � Uorrow+er - MATTHEW L GERARD .......................................... ISeali ..LOR S_,A, CERAR�Z��. .... ea11 ��r Borwxcr • FN�w iH�VM�pa�n 2 0/?pur�� • �e . . . , . • �