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200207182 <br />(B) The Index <br />Beginrtag with the first Change Date, my interest rate will be based on an Index. The "Index' is the <br />weekly average yield on United States Treasury securities adjusted to a constant nahuity of one year, as <br />made available by the Federal Reserve Board. The most recent Index figure available as of the date 45 days <br />before each Charge Date is called the "Current Index." <br />If the Index is no longer available, the Note holder will choose a new index which is based upon <br />comparable information_ The Now Holder will give me notice of this choice. <br />(C) Calculation of Changes <br />Before each Change Dale, the Nom Holder will calculate my new interest rate by adding <br />TWO AND 000 /1000 percentage points <br />( 2.000 %) to the Current Index. The Note Holder will then round the result of Our <br />addition to the nearest one eighth of one percentage point (0.125"/0) _ Subject to the limits stated in Section <br />4(D) below, this rounded afnount will be my new interest rate until the neat Change Date. <br />The Note holder will then determine the amount of the monthly payment that would be sufficient to <br />i -pay the unpaid morainal dust I am expected to owe at the Change Dale in full on the maturity date at my <br />new interest rate in substantially equal payments_ The result of this calculation will be the new amount of <br />my monthly payment. <br />(D) Limits on Interest Rate Changes <br />"I 'he interest rate I am required to pay at the first Change Date will not be greater than <br />7.875 '% or less than 3.875 %. Thereafter, my must est rate will <br />never he increased or decreased on any single Change Date by more than two percentage points (2.0 %) <br />from the rate of iidai st I have been paying for the preceding 12 months_ My interest rate will never be <br />greater that 10.875 %. MY INTEREST RATE WILL NEVER BE LOWER <br />THAN 3.875 %. <br />(F.) Effective Date of Changes <br />My new interest ram will become effective on each Change Date. I will pay the amount of my new <br />monthly payment beginning on the first monthly payment date after the Change Date until the antount of <br />my mo ahly payment elegance again <br />229152 <br />i 'trots <br />(Ck8229 (0008) Free 4 of a Form 3111 1101 <br />