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200609362 The Lender will well detemuue the ;unOlJnt of ilie momhly .payment rhat would be snfficicut to repay (he l.U1paid principal balance as of the Chou,ge Date in full on the Maturity Date at the ~1CW interest r'ate in substantially equal payments. TIle result of t):1i$ calcul,ltioJl will be the new monthly paymem. (d) Limits on Intcr~t Rate Cbanges The inter0$t tate at the first Change Date will pOl be greater rn31l 12.800 % 01' less tha\~ 10.800 .. % _ Thereafter, me adjustaole interest rate will never be iucreased or decreased on any . sing1<:~ Chill1ge Date by morc thaIl One pcrcemage points ( 1.000 %) from the rate of iJ;ne;r'esI applicable during the pteceding 6 mOl1thS. The adjustable interest nw:: will never be greater than i 6.300 %, which is callcd we "Maxirnlll11 Rate" or less th<m 10.800 % which is called the ";Minimum Rate"- (e) Effecti.ve .Date of Changes Each new adjustable interest raIe will become effective on each Change Date. The amount of cadl new monthly paymrcllt will be durc and payable on !he first monthly payment date after the Change Dale until th(o amount of the monthly paywent ch211ges again- (f) Notice of Changes The Lender will deliver or mail a I101ice of any changes in the adjustable interest ratt and the amQ1,lnt of the new monthly payment 10 the Bonower before the effective date of ;my c.hange. TIle notice will include infoffiW.iioI1 required by law to be given to the Borrower ;md also the title aud telephone numbc-r of a person who will am:iWer my questions rega.rdi:ngthe nQtice. B. ';I:'RANSFER O:F THE PROPERTY OR A BENEFICIAL JNTERJi;ST IN :BORROVVER 1. Until Borrower's initial fixed interest rate changes to an adjustable interest rate under the terrt1S seated in Section A above, Uniform Covenllllt 17 of the Securhy Instrl.lWcnt pmvides as follows: Transfe1 of the Property or a Bepcfi6al Interest in Borrower. If all or <lIlY pan of the Property or any imcrest in it is sold or trw$thred (or if a'bencficial interest in Borrower is sold or transferred and Borrower is not a natural pr:rson) without Lender's prior written consent, Lender may, at its option, req\lire inunediate paymem ill full of all sumS secured by this Security InsITUmCflt- :However, this optiol) sh.'ll1 not be ex(:reised by Lender if exercise is prohibited by federal law as of the date of tilis security Instrument. If Lender exercises this option, LCJlr;ler shall give Borrower notice of acceleration. The notice shall p.rovide a period of not less than 30 days from the date the notice is delivered or mailed witi1ill whicll Borrower must pay all sums secured by this Securit)' Instrument. If Borrower fails to pay these sums prior 1O the expiration of this period, Lender may invoke any ,crnedies pennittcd by mis Security Instr1,l.ment without further' notice or demand on Borrower. 2. When Borrower's initial fixed interest rate changes trJ an ll.cljustll.ble interest rilte under the terms stated in S~ction A above, Uniform Covenant 17 of we Security IJ:lstrtlIJJr.ot contained ill Section E(1) above shall then cease to be in effect, and UniforIn Covenant 17 of the SeCl.1rlW Instrument shall be amended to read $S. follows: Transfer of the Property or a J3enelJcial 1ntercst ill Borrower. If all or any pm{ of the Property 01' SIlY interest in it is sold or tr<IDsferred (or if a beneficial interest ill Borrower is sold or transferred and Borrower is not a namral person) without Lender's pribr written consent, Lender may, at its option, require irrlI11cdjatt payment in full of all sllITlS secured by this Security InstnunenL However, this option shall not be exercised by Lender if FiXt\l;ifAdju&tablo Rate Rider - Ubor fft.1956016 195101 ,M P'9C :z of 3 1955015Z (05/03104) PC ~ c.c. ~. Loan No. 6412{}46~78'!9