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86 IL04831 (5) 7 If this box is checked, the interest rate that I pay shall not decrease more than ......... ........... percentage point.-, on any Rate Change Date. (3) ; If this box is checked, the interest rate that I pay shall never be more than during the period I have my loan. (7) 3 If this box is checked; the interest rate that I pay shall never be less than __ 7- - during the period I have my loan. - (8) E] If this box is checked, the principal and interest payment that I pay shall not increase more than ... ... , - - -- percent on any Payment Change Date. (9) If this box is checked, the principal and interest payment that I pay shall not decrease more than ...... .- percent on any Payment Change Date. The Note Holder will adjust the interest rate on each Rate Change Date and on each Payment Change hate so that the change in the interest rate will not be more than those limits marked above. The monthly payment amounts will also change on Payment Change Dates as provided in the Note. Because payment changes may occur less often than interest rate changes and/or may be subject, to certain limitations described in the Note. the monthly payments may be insn8tcient at times to pay ac- cruing interest. In such case, unpaid interest is added to the principal balance of the date and itwu will " accrue interest thereafter. Under the terms of the Note, the unpaid .principal balance can never.e=eed a mas tum amount equal to One Hundred Twenty -Five Percent (125 %) of -the principal amount origiaailp 'borrowed. (C) Notice of Changes The Note Holder will mail me a notice by first clams mail of any changes in my interest rate and the amount of my monthly payment at least thirty and no more than forty -five days before each Payment Change Date, The notice will include information required by lava to be given me and also the title and telephone number of a person who will answer any questions I may have regarding the notice The node. win also include the following information: - (i) The Fixed Interest Rate I will pay if I choose to convert my loan into a Fated Interest Rate Loan as desc -ibed in Section 3 below; ( ii) The amount of my new monthly payment at the Fixed. Rata of Interest, and (iii) A date not more than 15.de" from the date the notice is given, by which I must execute a afoditicatmn Agreement in the Form. that Lenaer may require evi tL of the Note to provide for a Fixed Interest- Rate, and ` conversion as described in Section 4 of this Rider. payment of a LgtIIVersion €ee as (D) Conversion to Fixed Interest Rate The ?+ote Holder will provide the Borrower the option to convert the Adjustable Rate Loan into a Fixed Interest Rate Loan as follows: 1 CON ERSIQN 1`t) FIX INTEREST RATi (A)- My Option to Convert I may convert the Adjustable Rate Dian ev;den€ed Icy a Note of the carte date to it Fixed Interest 'Rate Loan to he fulls repaid in suN tantially equal monthly installments of principal and interest ever the remaining term of the loan on the I "st„ 'n4, and =t' Payment Change Dates, (B) My Fixed Rate of Interest andMonthly Payments If I choose to convert to a Fixed Rate, the Note holder will set the Fined hate of Interest at 11.000 r e - 1 he new Fixed Interest. Bate will become effective on the Payment Change Date on which I cowmrt to a Fixed Interest hate. My monthly' payments at the new Fixed Interest Rate will begin as of the fast monthly payment aftor the Payment change Date on which I convert. The monthly principal and interest payment will be the amount that is necessary to re 6- in full the principal I am expected to owe at that Change Date in subbstantially equal payments on the maturity date at my Fixed interest Rate. _ iC) Required Conversion Fee If I choose to convert to a Fixed Rate. I will be. required to pay to the Note Holder a Conversion Fee equal to = t ;r of the original amount of the loan upon execution of a Modification Agreement- -.- (D) How to Lonvert If I choose to convert to a Fixed Rate Loam I will be required to execute a Modification Agree- merit and pay the required Conversion Fee to the Note Holder within the period set, in the Note Holders notice as provided in Section ? W) above, If I do not. do this within the specified period, I will not have an option in convert unless I can exerci , another option on other Payment Change hates as indicated in Section 3 (A) above. In that ca*e. three interest rate. that I will pay will continue to adjust in accordance with Section 2 e 8) above - (E) Effectiveness of provisions Vpon Borrower's execution of the Modification Agreement and payment of the required Convcr- ectn Fee, Section 3 1A) above shall cease to be effective. J. LOAN (1ARGFh it could be that the loan secured by the Security Instrument is suit,ject, to a law which tali maximum Ic "an chargss and that lava is interpreted sus that the Interest or other loan ' hargee collected or to be colleted in utnt ti to with the lcwtn world ceitceral heetnutted Iimit_, if this is the case, titer. (A) any such loan charge ritual# be re,ducrA by No amount net nary to reduce the change to the faertnittv-d limit: and (B) any suits alr <lw —11h,414cf 6 m Borrower which exeet -Jell permitted limits will be rr,himir"'l to l?,ctrrowei, I r rtirtr° tbtxr r t.) make this re fund by r,eclue -ing ilia prinsripal owchtf under the .'+fete or by making a dirt-Al payznont to R brows r,