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200601073 this addition to the nearest one-eighth of one pen:entage point (0.125 %). Subject to the limits stated in Section 4(D) below, this rounded amount will be my new interest rate untjl the next Change Date. The Note Holder will then detennine the amount of the monthly payment that would be sutllcient 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 tlrst Change Date will not be greater than 12 . 300 % or less than 9 . 300 %. Thereafter, my interest rate will never be increased or decreased on any single Change Date by more than ONE percentage points 1. 000 %) from the rate of interest I have been paying for the preceding 6 months. My interest rate will never be greater than 15.300 %. (E) Effective Date of Changes My interest rate will never be less than 9.300%. 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 Date 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 and the amount of my monthly payment before the effective date of any will include infonnation required by law to be given to me and also the number of a person who will answer any question 1 may have regarding the notice. B. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Unifonn Covenant 18 of the Security Instrument is 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 COI1~ent, 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 infonnation required by Lender to evaluate the intended traI1~feree as if a new loan were being made to the transferee; and (b) Lender reasonably detennines 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 pennitted 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 that is acceptable to Lender and that obligates 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. in my interest rate change. The notice title and telephone .-838R (0402) @ Page 2 of 3 Initials: S~G tteC Form 3138 1/01