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(C) Determination of New Payment Amount If I choose to exercise the Conversion Option, the Note Holder will determine the amount of the monthly payment that would be sufficient to repay the unpaid principal I am expected to owe on the Conversion Date in full on the maturity date at my new fixed interest rate In substantially equal payments. The result of this calculations will be the new amount of my monthly payment. Beginning with my first monthly payment after the Conversion Date, I will pay the now amount as my mthly payment until the maturity date. C. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORWAR 1. Until Borrower exercises the Conversion option under the conditions stated in Section B of this Adjustable Bate Rider, Uniform 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 Property or any Interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior written consent, Lender may, at its option, require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender I.f exercise is prohibtted ty federal law as of the date of this Security Instrument. Lender also shall not exercise this option ift (a) Borrower causes to be submitted to Lender information rrquired by Lender to evaluate the intended transferee as if a now loan were being made to the transferee= and (b) Lender reasonably determines 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 Instrusmnt is acceptable to Lender. To the extent permitted by applicable law, Lender will charge a fue of U.S. $500.00 as a condition to Lender's conagnat to the loan ass tine. Lander may also require the transferee to sign an assumption agreement that to acceptable to Loader and that obligates the transferee to keep all the promises and agreements WO& in the Note and In this Security Instrument. Borrower will continue to be obligated under the Note and this Security instrument mlete Lender releases Borrower in writing. If Lender exercises the option to require immediate payment in full, Lender shall give Borrower notice of w4elerstion. The notice shall provide a period of not lead than 30 days from the date the notice is delivered or nailed within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these s prior to the expiration of this period, Leader may Invoke any reiandies permitted by this Security Instrument without further notice or demand on Borrower. 2. If Borrower exercises the Conversion Option under the conditions stated in Section B of this Adjustable Rate Rider, the amendment to Uniform Covenant 17 of the Security Instrument contained in Section Cl above shall than eeew to be in effect, and the provisions of Uniform Covenant 17 of the Security Instrument shall instead be is effect, as follows- Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any interest in it is sold or tramferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is net a natural perm) without Lender's prior written consent, Lender may, at its option, require immediate in fall of all sums secured by this Security Instrument. However, this option shall not be exercised by 71 Leadier If exercise is prohibited by federal law as of the date of this Security Instrument. if r exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide • period of not less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all am secAred by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, r my invoke any remedies permitted by this Security Instrument without further notice or demand on By SIGKM 30,jW, Borrower accepts and agrees to the terms and covenant$ contained in this Adjustable Rate d(i /x 6seal ) Borrower Herbert W. Met tenhriilk ( 5641) Borrower M.ePI Aie�t trnht tn'K