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200302471 first business day of the mouth immediately preceding the month in which the Change Date occurs is called the 'Current Index." If the Index is no longer available, die Note Holder will choose a new Index that is based upon comparable infnnmatfon. The Note Holder will give me notice of this choice. (C) Calculation of Changes Before each Change Date, the Note Holder will calculate my new interest rate by adding Five percentage point(s) ( 5.000 %) to the Current Index, The Note Holder will then round the result of this addition to the nearest one - eighth of fine percentage point (0.12551). Subject to the limits stared hh Section 4(D) below, this rounded amount will be my new interest rate until the next Change Date. The Note Holder will then deterndue the amount of the monthly paynhun that would be sufficient to repay the unpaid principal that I am expected to owe at the Change Date in full 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 ram I am required to pay at the first Change Date will not be greater than 10.000 % or Tess than 7.000 %.. Thereafter, lily interest rate will never be increased or decreased on any single Change Date by more than one percentage point (1.0 9(,) from the rate of interest I have been paying for the preceding six nhonWs; .subject to the following limits: My interest rate will never be greater than 13 . 000 %, nor less than 7.000 9c. (E) Effective Date of Changes My new interest rate %ill becfirrhe effective on each Change Date. 1 will pay tiro amount of Illy new monthly payment beginning on the first monthly payment date after the Change Date until the amount of my monthly payment changers again. (F) Notice of Changes The Note Hulder will deliver or mail to me a notice of any changes in my interest rate and the amount of my monthly payment bcforc We effective dale 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 rosy have regarding the notice. B. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Uniform Cnvetum 17 of the Security Instrument is amended to read as follows: Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any interest in it is sold or transferred (or it a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior written consent, Louder may, at its option, require immediate payment in fit] of all sums secured by this Security Instmment. However, this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date of this Security Instnnnenr. Lender also shall not exercise this option if: (a) Borrower causes to be submitted to Lender inntormation rvaluired by Leader to evaluate the intended transferee as if a new loan were being made to the ff /b268008 (9710) Pan. 2 rr 3 Document # I.391X