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200604022 0151396827 If the Index is no longer available, the Note Holder will choose a new index that is based upon comparable information. Thc Note Holder will give me notice of this choice. (C) Calculation of Changes Before cach chanAe Date, the Notc Holder will calculate mst new interest. rate by adding J!YliUm~J~.n:~~~q.l;l!;....~mL...........................percentage points (....~:!...9......... %.) to the Current Index. The Note Holder will then round the result of this addition to the nearest one-eighth of one percentage point (0.125'%). Subject to the limits stated in Section 4(0) bclow, this rounded amount will be my new interest rate lUltil the next Change Date. The Note Holder will then determine the amount of the monthly payment that would be sul1icient to repay the unpaid prineipal that 1 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 first Change Date will not be greater than .J~.:~.?~.......%, or less than ....?.J~.Q........%,. Thereafter, my interest rate will never be increased or deereased on <my single Change Date by more than .~m.~................................................................. percentage points (........J...9..W........ %.) from the rate of interest I have been paying for the preceding six months. My interest rate will never be greater than ....~A.J~.~......... %.. (E) Effective Date of Changes My new interest rate will become effective on each Change Date. I will pay the amount of Iny 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 in my interest rate and the amount or my monthly payment before the etlective date of any change. The notice will include information required by law to be given me and also the title and telephone nwnber of a person who will answer any question T may have regarding the notice. B. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER. Section 18 of the Security Tnstrw11ent 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 eserow 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 a Borrower is not a natural person and a beneficial inlcrest in Borrower is sold or transferred) without Lender's prior written consent, T .ender may require immediate payment in full of all sums MULTISTATE ADJUSTABLE RATE RIDER 6-Month L1BOR Index (Assumable during Life of Loan) Form 5120 3/04 EC108L Rev. 01/25/05 (First Business Day Lookback) - Single Family - Freddie Mac UNIFORM INSTRUMENT n ~. 11\.",. IJ!~, ;: --:5"M1-