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200305170 8490102 RYAN 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 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 rate I am required to pay at the fast Change Date will not be greater than 5.750 % or less than 2250 % Thereafter, my adjustable interest rate will never be increased or decreased on any single Change Date by more than two percentage points form the rate of interest I have been paying for the preceding 12 months. My interest rate will never be greater [ban 8.750 %. (E) Effective Date of Changes My new interest rate will become effective on each Change Date. I will pay the amount of my new monthly payment beginning on the first monthly payment date after the Change Dale 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 any changes in my initial fixed imemst rate to an adjustable interest rate and of any changes in my adjustable interest rate before the effective date of any change. The notice will include the meant of my monthly payment, any information required by law to be given to 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 1. Until Borrower's initial fixed interest rate changes to an adjustable interest rate under the terms stated in Section A above, Uniform Covenant 18 of the Security Instrument shall road as follows: Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, tastalhnem sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future daze to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises Ibis option, Lender shall give Borrower notice of acceleration The notice shall provide a period of not less it= 30 days from the date the notice is given in accordance with Section 15 within which Borrower most pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security instrument without further notice or demand on Borrower. 2. When Borrower's initial fixed interest rate changes to an adjustable interest rate under the terms stated in Section A above, Uniform Covenant 18 of the Security Instrument described in Section BI above shall then cease to be in effect, and the provisions of Uniform Covenant 18 of the Security Instrument shall be amended to read as follows: 241505 (10 /01) 1150521 b1ULr]srATE FIXEnIMNSrnB1.E HA]E RmER— WRIOnnVnrLBOR RvipJe Fwnily— P.nele M.e uelmm l..tr.nenl F-3197 ela Page 2 of3 KL P