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.. :, .---- .. �.•�.•' F,',w-•: . � �-.��,_ �� ! -� ._. _ ..._.........�. . � � .. , 3 ��sSs � e'�~ ��I�w�i�t to eztrciie the�Converslon Optlon, 1 mutl (I�� meet ce�l�ln coadillent. coedl�iani�rs th�t:(q t Mwt dvs th�Nae HofdK swic�thst 1 waM to do so: (lil a►�he Co�venba[1qe.1 muu�be in det�uW under . -- tht Note a tht�tf�i�rua�eati iiiij bY�du��picii�ai by tiu i�iale Hoialer�1 uiu::�:Y t:X Rase!�laWer a�e:s:re� fa of U.S.i • ;�nd Uv!1 mwt�n�nd�ive the Nae HQWer�ny daumenc�the Note Holder nqai�a lo effect the conve��lon. (rl Gle�liw�/EI�i Ratr _�---___�_=� My new, lined interat nle wlli be equd to Ihe i'ader�l Nr�tonal Mort�a�e Assocladon'i required ne� ykW�s _ -�—�—� ot a date snd tinx ot d�y�pecified by ihe Note Holde�for(i)if tl�e ort�iiW term of thi�Note i��rntcr th�u 1 S yewr�, 30-ye�r Qxed��te mortp�a oove�ed by a�ik�bk b0-dRy manJ�tory delivery commllment��pius tivaei�h�hs of one v ---- percena�e point(0.62SA),rounded to the narat one�ei{h�h of one perecnt�ac polnt t0.12S�i),ar(ii)if the oei�in�l -- term ot this Note i: IS ye�rs or leu� IS•ye�r fixed rate nwrts��es covercd by�pplicabk 60�d�y n�tnd�tory dclivery � commitmentt�plus five�ei�htha of one�cenl��e polnt(0.62S9i).roundrd�o tlic ne�rert one-et�hth of one percent�ae __— _— ___ ___ __ J poiat(0.123li).If this requlred net yield cannot be dctermtncd bec�use the applic�ble commi�men�s arc��a Rvailabic� -- - --- = the Note Halder will delermine mr interesl r�is by usins comMrablc informatian.My new rate calculate�l uiuk��his � ; ;��,-� Seclbn 3(Q)will not be ireate� dan Ihe M�ximum RA�¢�t��ed In Section ItD)atrave. �` � (Gy New P�y�tNt AAO�d �Nd L[ftcllre Dth — I f 1 choae to racerctse the ConvatJon Optbn�the Note H�I�er wili detennine the amount of thc monti�y payment _- � that would be tuftident to ropay the unp�id principal I�m expected to owe on the Conretcion flate in full on the �'� � m�turily data�t my new Ikad intaat rRta in tubst�ntfally equ�!ptymeat�.The re�ult�l thi�cakulatioa will be the �:,�� new�mount of my mot�thiy paynsent. BeQinnint with my tirs► mo�thly p�yment atter the Co�•vusion Oate.I v�ili ,��.rti � °��' p�y the new amount w my monthly p�yment untQ the maturlty date. "•'a�'� C. TRANSFER OF?HE PROPERTY Oli A aBNF.FICIAL lNTERFS'�'IN BORROWER s.5. . � ..t ,.,, ,; �F�,;F:3�:?:'�;::r:��'�r i. UntQ Borrower exercixs the Convenion Option under the condition�:t�tai in Section B of this Adjusuble �;_=�.'�'," • Rate Itida.Unlform Covenant 17 of Ihe Seeurtty Inttrumant is tmended to read�s fallows: ��_•'..:- -.:.. ,t�..'F...:�:�r�.:�''.'�, �•:.:��:.� '" '� �5 Trnnafe�o[Itie Property or a Beaepci�l t�terat In 8o�rower. If�II or Rny part of the Property or any interest � . � ~ :��' in it is wld or transferred(or if�bGnetictal interest in Sorrower is wld or t�Ansferred and Borrower is not a n�tural -_ ��r `` �.�` ;; person)withaut I.ender's prior wtitten consent.Le�der may��t its optlon�require immedtAte pRyme�t in Pull of all x�:' �'� ' sunu�ecurod by this Secur(ty Instrument.However�this option shAli not be exercised by l.ender 1�exerctse t�p►ahibited " ��I �� by kderal law�ts�f the date of this Security Instrument.Lender dso sh�ll not exercise thi:option ff:(�)Borrower i"�i3��:".,r � '�'j�"'" cauta ta be submttted to Lendet Informuloq required by Lende�to evAivate the intended transierce w ii N ncw io�+i were bein�made to the tr�►nsferee;and(b)l.ender reuo�iably daterminos that Lender's security wlll not be impatred � � by the!an wumption uid thu the risk of a breach oi any covenant or A�rament in this Secudly I�utrument b acceptoble � to I.ender. To the exten�permttted by applic�tble IRw�l.ender m�y cfi�r�e�reasonable fee a:�conditlon to Lender's con�en� . to the loan t�umptlon. Lender also m�y�equire the tr�nsferee ta sign an aasumptton a�rament thpt It�cceptabie � to Lender and tlu�t oblitata the trtrufe�ee to ke�p all the promisa�nd agreements made in the Note�nd in this Socurity � Instrument.Horrower wlll continue to ba obli�ated under the Noce md t6i:Securtty Imtrument uniess Lender reteaus - - � � Bonower in w�itlnR. ,�� f If Lender exe�cisa the option to requtre Immedi�te p�yment in fult� Lender ih�ll atve Borrower �otice of = . accdenUon.Tha nottce shall provtde a pedod of not less than 30 day:from the date tha notice is delivered or mailed � witNn which Borrower mu:t p�y�II suma acured by thii Sceurity I�:trument.lf Borrower Fails to pay these sums , prior to the expir�tion of thi�pe�iod.Lendec may invoke any remedia permitted by this Securlty lnstrument withaut _ � fudher�oticc or dem�nd on Borrower. _ � Z. !f Borrower axerclaes ihe Conversion Optian under the conditions�tated in Sectton B oi this AdjustAbie Rate _ Rider,the amendment to Unifotm Coven�nt 17 of the Securlty Instrument contaiaed in Section C 1 above shall then ,��.,•�- cease to be in etfect.and the provi:ions of Uniform Covenam 17 of the Sceurity Instrument shall instend be in effect� _ - � as follor�: - r.��^... • � �.� � � Tnuuter ot the P�opeNy or a Benetici�l Intensl te Bo�rower. 1 t ail or eny pa�t of tfie Property or any interest , � in(t is wld a tranaferrcd(or if�beneFici�l interat in Borrower is sold or trans[erred And Borrower is not x naturat '��` •'� ;�,fi•' • '�' pertony without Lender's prio�written consent.l.ender may,at its option�require immediate payment in full of all _ �':� � :ums secured by this Securtty Instroment.However,this optton shall not be exercised by Lender if exercise is prohibited � '. by federal I�w as of the date of this Security ln:trument. ° �'' .. . "`"`"'-"""• If Lender exacises thls option,Lende�shalt Qive Borrower notice of acceleratian.The notice shall nrovide a period =• :„ � ��_�V � � ,�,�� of not less th�n 30 days from the dote the natice is delive�ed or m�ikd within which 8orrower must pAy all sums ..,::.,.. `�"' °�� ° secured by thi�Security I�trument.if Borrower faUs to pay these sums prior to the expiation oi this period�Lender -. � �`�`:''s��' � � nWy invoke�ny rcmedia pertnitted by this Secu�ity I�utrument without further notice or demand on Borrower. :,• : .,: • - .;,:.;•�• � ��.. BY S[ON1NO HBLOW, Borrowa toapts�nd ��aes to th�tecros and covenant� contained in this Adjustabie , " �,��.`'�-� Rate RWer. _� = f '�/ �� — 8 N�1� /11�f ,�,f', /1/ ��[ ra�'lt`. (&ai) SU8�11 6 11�llll �0"O1M`� � (Se�l) /atroaer .. . .�_�� • /otrowet