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~. 200700008 Loan Number: 421002168 Servicing Number: 002267410-5 Datt:: 12/13/06 be my new interest rate until the ntxt Change Date. Tht Note Holder will then determint tht amount of the monthly payment that would bt sufficient to repay the unpaid principal that I am expected to owe at the Change Date in full on tht Maturity Date at my new interest rate in substantially equal payments. Tht rtsult of this calculation will be the new amount of my monthly payment. (0) Limits on Interest Rate Changes The interest rate I am required to pay at the first Change Date will not he greater than 14.175% or less than 5.600% . Thereafter, my interest rate will never be increased or decreased on any single Change Date by more than one percentage point (1.0%) from the rate of interest I have been paying for the preceding sill. months. [n no event will my interest rate be greater than 17.175'8 or less than 5.600% (E) Effective Date of Changes My ntw 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 Changt Datt 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 of my monthly payment before the effeetivt 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 havt regarding the notice. TRANSFER OF TIIE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Covenant 17 of the Security Instrument is amended to read as follows: Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Prop!:rty or any inter!:st in it is sold or transferred (or if a beneficial interest in Borrow!:r is sold or transferred and Borrower is not a natural person) without Lender's prior written consent, Lender may, at its option, require immtdiate payment in full of all sums securtd hy this Security Instrument. IIowevtr, this option shall not be exercised by Lender if txereist is prohibited by federal law as of the date of this Security Instrument. Lendtr also shall not exercise this option if: (a) Borrower causes to be submitted to Lender informlltion required by Lender to evaluate tht intended transferee as if a new loan were being made to the transferee; and (b) Ltnder reasonably determines that Lender's security will not be impaired by the loan assumption and that the risk of a breach of any l;ovenant or agreement in this Security Instrument is acceptable to Lender. To the extent permitted by applicable law, Lendtr may l;harge a reasonablc fee as a condition to Lemler's consent to the loan assumption. Lendcr may also require the transferee to sign an assumption agreement that is acceptable to I,ender 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 Sel;urity Instrument unless Lender releases Borrower in writing. If Lender exercises the option to require immcdiate payment in full, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. MULTISTATE ADmSTABLE RATE RIDER-LmoR INDEX-Single Family Page 2 of 3 USRIO022 (02-2J-99)