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200211973 My new, fixed interest rate will be equal to Faanre a 0 required net yield as of a date and time of day specified by the Note Holder for: (i) if the original term of this Note is greater than 15 years, 30 -year fixed rate fiml mortgagges covered by applicable 60 -day mandatory delivery commitments, plus five eighths of one percentage point (0.625 ), rounded to [he nearest one - eighth of one percentage point (0.125 %); or (ii) if the original term of this Note is IS years or less, 15 -yeaz fixed on first mortgages covered by applicable 60rlay mandatory delivery commitments, plus five - eighths of one percentage point (0.6257 ) , Traded to the nearest one- eighth of one percentage paint (0.125 %o). If this required net yield cannot be determined because the appBcable commitments aze not available, the Note Holder will determine my interest rate by using comparable information. My new rate calculated under this Section 5B) will not be greater than the Maximum Rate stated in Section 4(D) above. If I choose to exercise the Conversion Option, the Note Holder will determine the amount of the monthly payment that would be sufficient to rep m ay the unpaid principal I a expected to owe on the Conversion Date in full on the Maturity Date at m new fixed interest rate in substantially equal payments. The result of this calculation will be the new amount otymy monthly payment. Beginning with my first monthly payment after the Conversion Date, I will pa the new amount as my monthly payment until the Maturity Date. C. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER L Until Borrower's initial fixed interest rate changes to an adjustable interest rate under the terms stated in Section A above, or after Borrower exercises the Conversion Option under the conditions stated in Section B above, Uniform Covenant 18 of the Security Instrument shall read 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 m, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a from date 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 this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must 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, and until Borrower exercises the Conversion Option under the conditions stated in Section B above, Uniform Covenant 18 of the Security Instrument described in Section Cl above shall cease to be in effect, and the provisions of Uniform Covenant 18 of the Security Instrument shall be amended to read 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, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date 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. Lender also shall not exercise this option if: (a) Borrower 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 impaired by the loan assumption and that the risk of a breach of any covenant 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. Lender also may require the transferee to sign an assumption agreement [hat is acceptable to Lender and that obliggates the transferee to keep all the promises and agreements made in the Note and in this Security instrument. Borrower will continue to be obligated under the Note and this Security Instrument unless Lender releases Borrower in writing. If Lender exercises the option to require immediate payment in full, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must 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. BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Fixed/Adjustable Rate Rider. (Seal) Borrower Rainlyl. Gard (Seal) Borrower (Seal) (Seal) 1088] .CV (10100) .11066 FOm3no ran (A,se2 42)