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99 112030 (C) Calculation of Changes 0005131617 Before each Change Date, the Note Holder will calculate my new interest rate by adding five and one-quarter percenta�e�oints � 5.250%) ,. .,,,to the Current Index. ........................ ....... The Note Holder 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 Section 4(D) below, this rounded amount will be my new interest rate until the next Change Date. The Note Holder will then determine the amount of the monthly payment that would be sufficient to repay the unpaid principal that I am expected to owe at the Change Date in fu11 on the Maturity Date at my new interest rate in substantially equal payments. The result of this calculation will be the new amount of my monthly payment. (D) Limits on Interest Rate Changes The interest rate I asn required to pay at the first Change Date will not be greater than .,,,11:625 °/a or less tha.n ....8:625 %. Thereafter my adjustable interest rate will never be . ......... ....... increased or decreased on any single Change Date by more than .two percentage.points..L...�:�%1........................................................................from the rate of .. ..... interest I have been paying for th�receding 12 months. My interest rate will never be greater than .,,,14;625,,,,,o�o. My interest rate never be less than ...R,�Z�........ %. (E) Effective Date ot Changes My new interest rate will become effective on each Change Date. I will pay the amount of my new monthly payment beg�'nrung on the first monthly payment date after the Change Date until the amount of my monthly payment changes again. (F) Notice of Changes The Note Holder will deliver or mail to me a notice of the change in my interest rate and the amount of my monthly payment before the effective date of any change. The notice will include information required by law to be given me and also the title and telephone number of a person who will answer any question I may have regarding the notice. B. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Uniform Covenant 17 Security Instrument is amended to read as follows: Transfer of the Prc�erty or a Beneficial Interest in Borrower. If all or any pari of the Property or any interest in it is sold or transferred (or if a beneficial interest in Bonower is sold or transferred and Bonower is not a natural person) without Lender's prior written consent, Lender may, at its option, require immediate payment in full of all sums secured by this Security Instrument. However, this option sha11 not be exercised by Lender if exercise is prohibited by federal law as of the date of this Security Instrument. Lender also shall not exercise this option if: (a} Bonower causes to be submitted to Lender information required by Lender to evaluate the intended transferee as if a new loan were being made to the transferee; and (b) Lender reasonably determines that Lender's security will not be impa.ired by the loan assumption and that the risk of a breach of any covena.nt or agreement in this Security Instrument is acceptable to Lender. To the extent permitted by applicable law, Lender may charge a reasonable fee as a condition to Lender's consent to the loan assumption. RIDER-ARM31 ECO21L Rev. 01/14/97 (page 2 of 3 pages)