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DEC -11 -02 03:14PM FROM- T -018 P.025/030 F -023 200214105 first business day of the month immediately preceding the math in which the Change Date occurs is called the "Current Index ". If the Index is no longer available, the Note Holder will choose a new index that is based upon comparable information. 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 Six And Three -quarters percentage poinr(s) (6.750* *) to the Current Index. The Note Holder will then round the result of this addition to the nearest of one - eighth of one percentage point (0.125 ^s). Subject to the limits stated in Section 9(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 T 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 first Change Date will not be greater than 9.500% 2 or less than 8.000* *. Thereafter, my interest rate will never be increased or decreased on any single Change Date by more than One And one -half percentage point(1.5oo3 a) from the rate of interest I have been paying for the preceding six months. My interest rate will never be greater then15.000* * or legs than H.000% (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 begioning 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 t0 me a notice of any changes 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 18 of the Security Instrument is amended to read as follows: Transfer of the Property or a Beneficial Interest In Borrower. If all or any Dart of the property or any interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and MULTISTATE A TABLE RATE RIDER -LIBOR INDEX - Single Family • FHLMC - AaL Mcdi£ied 4/01 Page 2 0£ 3 EASTWOOD 0212061315 4601 -2,eff