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Page 2 of 2 (c) a date at least 15 days from the data the notice is given, by which borrower must "lock in" an interest rate by telephoning a number provided and registerin? the conversion with the Note Holder, and a subsequent bate not later than the applicable Change Date) by which Borrower roust complete, execute and deliver to Note Holder a docuYTtent in the form required by Note Holder evidencing the modification of the Note to provide a fixed interest rate. (iii) The fixed rate of interest payable by Borrower will be three - eighth of one percent above the most recent Federal Horne loan Mortgage Corporation's (FHLMC) 60 day mandatory delivery for 3U year fixed rate Sorg ages, rounded to the highest one- eighth of one percent. The new fixed interest rate will become of fet_t i ve on the applicable Change Date. Borrower's mont'i i y pa nx, =nts at the new fixed interest rate will begin as of the first a)nthi, p,lyillent after the appl icabl` Change Date. The monthly payMenL wi ! 1 be the m'oun' that is; nece ;ssary to repay in full the principal 3orrower wi 11 ,:}we (assurninkj timely payment of all amounts due prier to that d -jte on that Change Date in substantially equal payments by the vlaturity date Set forth in the Note at the fixed interest rate. Ov) Borrower must register the 10ari for ,over iono and must complete, execute and deliver to Note Holder Che doea;nt evidencing the modification of the Note Rrior to the apulicdt?ie dates set forth in Note Holders Notice of Periodir Adjustment." as provided above. If �iorrower fails to dt? so within thi' �JF i f i t' ' 1 +7i� frames, Borrower can no longer exerA.'se tP!e r,,pt irirr } ; nvert and in this cased, the erns of this Note w, I It etl'ect without any change. (v) Upon Borrower's timely delivery cf the executed Mdiricdtion to the Note. paragraph A above ;na i 1 to 1")e of feet i ve. D. TRANSFER OF THE VRUPFP T Y Paragraph 17 of the Security instruf,,*.it is a1-9ended to read as follows: Transfer of the Property or Aa Bent±fi� i,al lriterest in Borruwer. If all or any part of the Property or an iqtere4` `ne —ein is sold or transferred (or if a beneficial interest in f:)rr,iwv 1d or transferred And Borrower tS not a natural person) without Notea H(Ader's prior written consent, Note Holder may, at Notes Holder's uPtl on, vicar -fare ,al l the Sums secured by ',iis Security Instrument to he ,rwjp,iiately ue sand ;),tyable. However, this option shall not be exercised by Nr�C =Eiolder if exercise is not duthorized by Federal Law. U a J Notwithstanding under this Note a sale or transfer, borrower will continue to NA obli ated and the Security Instrument Borrower in writing» unless Note ri; 1 e9e. =r nas re eased By signing this, Borrower agrees to all of the abov . 4 ' tfa C 011, g 14, f � Q go g U a J