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<br />200603899 <br /> <br />0152201018 <br />If the Index is no longer available, the Note Holder will choose a new index that is based upon <br />comparable information. The Note Holder will give me notice of this choice. <br />(C) Calculation of Changes <br /> <br />Before each Chanfth Date, the Note Holder will calculate m~ new interest rate by adding <br />.tg~r.."O~.~r~~:~igH....~..............................percentage points (....~~~..~........ %) to the Current Index. <br />The Note Holder will then round the result of this addition to the nearest one-eighth of one <br />percentage point (0.125%). Subject to the limits stated in Section 4(D) below, this rounded amount <br />will be my new interest rate until the next Change Date. <br /> <br />The Note Holder will then determine the amount of the monthly payment that would be sufficient <br />to repay the unpaid principal that I am expected to owe at the Change Date in full on the maturity <br />date at my new interest rate in substantially equal payments. The result of this calculation will be <br />the new amount of my monthly payment. <br />(D) Limits on Interest Rate Changes <br /> <br />The interest rate I am required to pay at the first Change Date will not be greater than <br />11 375 0/ I th 5375 0/ Th ft. 'II b' d <br />......~............. /0 or ess an ..................... /0. erea er, my interest rate Wi never e increase or <br />decreased on any single Change Date by more than J:m.~................................................................. <br />percentage points (........J...9.99........ %) from the rate of interest I have been paying for the preceding <br />, h M' t 'II b h 14 375 0/ <br />Sixmont s. y interes rate Wl never e greater t an ........~.............. /0. <br />(E) Effective Date of Changes <br /> <br />My new interest rate 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 <br />amount of my monthly payment changes again. <br />(F) Notice of Changes <br /> <br />The Note Holder will deliver or mail to me a notice of any changes in my interest rate and the <br />amount of my monthly payment before the effective date of any change. The notice will include <br />information required by law to be given me and also the title and telephone number of a person <br />who will answer any question I may have regarding the notice. <br />B. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER. <br /> <br />Section 18 of the Security Instrument is amended to read as follows: <br />Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest <br />in the Property" means any legal or beneficial interest in the Property, including, but not limited to, <br />those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract <br />or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a <br />purchaser. <br /> <br />If all or any part of the Property or any Interest in the Property is sold or transferred (or if a <br />Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) <br />without Lender's prior written consent, Lender may require immediate payment in full of all sums <br />MULTISTATE ADJUSTABLE RATE RIDER 6-Month UBOR Index (Assumable during Life of Loan) Form 5120 3/04 EC106L Rev, 01/25/05 <br />(First Business Day Lookback) - Single Family - Freddie Mac UNIFORM INSTRUMENT <br /> <br />Y)1ll <br />/\J\M <br />