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~~ i•.ar~!~f0090 (°n) Ivor:fit of iioOi`iuy PdyOHxtzs j'i9 ~~Y payment will be in the arrant of U.S. $ 700.51 The Note Holder will ~ my monthly Payment ae required by Section 4(C) below m e~ggr-r}}~~ 7-terest Ctgnge i7ate a~ m that day every 36th month thereefter. Each of these dates is ~ "Payment Charge Date«" the Note Holder will also change my mnnthlY FaY~t m any Interest Charm Date if Section 5(B) below requires me to pay the Full Monthly Anoint. (C) Calcailatien of Monthly Payment Charges Before each Paymart Change Cate, the Note Holder wLll cale+ilate anew-monthly [naymerat sufficieirt to repay the prirrlpal balam_e m my loan in fuLt m the matxnity date at the Payment Bate in sutstantially equal pafinerats. Tne "Paymart Rate" is the sum of the Index figures m the five Interest aaage Dates preceeding a Payment Change Date plus the C~sraxt Inez, divided by the ram ~i_ P~ ~~ Per~ta8e points (3.15G X)> carded to the rnarest ate-eighth of me Percentage Po t x)• Except the ray~~rt rate c.~11 not exceed 13.9901. (D) Effective Date of Payment (barges Until the rnext Payment Date, I will pay the amoaart of my new monthly payment eadx month begimtng m the first monthly payment rate after the Payment Change Date, or Interest Charge. bate if section 5(B) below requires me to pay the Pull Mmthly Amorsrt. 5. UNPAID PRINCIPAL BALANCE (A) Chaagea inn My Unpaid Principal Balance MY ~h1Y Paymaat could be less than the amannrt of the interest portion of the: first-.Full Monthly Anoint I owe or less than the interest portim of my first full Monthly Amouzt after an Interest Charge Date. If so, the Note Holder will, subtract the amount of my mmthly Payment from the amcurt of interest I sae sad will add the difference to my mPaid principal balance each-month until Che next Interest Change Date. The Note Aolder will also add interest m the amaait of this differeorx to my unpaid Principal halarnce each mmth. Lhtil the next Interest Change Date wFnan the Note Holder dernnvtr»n my new interest rate m my then mpaid principal talaace, the rate of interest on the interest added to prinncipal will be the rata determined in Section 2 above. My m;~o[hly paymo~C caild be rare than the amount of the Full Monthly Aunt. If so, the Note Holder wdil subtract the difference Errs the unpaid Principal balance of my loan each month until the next Interest Change Date as if I had made a partial prepayment under Sectim 7 below. (B} Limit m ihjsid Prinrlpal 8alarace; Required Full Monthly Anont MY nnP~d P~iP~ baLarnce tarn never exceed a maxirom amount equal to ore hnadred te~enty-fi.+re pertent (i?S~) of the prirrd.pal amount I originally borrcxaed. If my Paying the am<xnt of my monthly payment after any Interest Charge Date },Auld - the unpaid principal balance to enviceed that mandmm arrant at any tip, I must pay ius[ead the Full Mmthly Amaant as my monthly payment until the next Payment Qvmage Date. 6. NOTICE OF CHANGES The Note Holder will mail or deriver to me a notice of any ctrasges in the t5r11 Monthly Amanat an my monthly payment before the effective date of ray c3iarge. The notice will include irtfon 'm rEgarired by law to be given me and also the title and telephone number of a pecan who will answer any question I may have n~rding the entice... B. CHARGES; LIENS Unifoaa Cava~ant L of the Security I[nstru»snt is amended to read as follows: 4. Charges; Liars- BorTnweI shall pay all tars, assessments, sari other charges. fines acrd impositions attritx,table to the Property which may sttaLn a priority over this Security Instxrmant, and t,~„a.a,~,t,a paymarts or grrxad rents, 1f cry, inn the ~+~*+~* if not paid in such masher, by Borrower maki Provided under paragraph 2 hereof or, nK payment, what due, directly to the Payee thereof. Borrower shall pra~xcly fuvrrish en Landee all entices of aonants due under this paragraph, an in the coact Borrower shall ~ payment dizectly, BOrrnwer shall promptly furnish to bender receipts evidencing such payments. Borrower shall pr~PtlY discharge any lien vhich has priority over this Seasity Innatxaaernt; Provided, that Bonrower shall rot be required to discharge any such lien so long as Borrower: (a) shalt agree in writing co the payment of the obLigatim secau'ei by such liar in a mercer acceptable to bander; (b} shall in good faith curtest such lien try, or defend against eafore~xt of such Lisa ia, legal praceedirgs wtnirh in the apinim of larder operate to prevent the enforcement of the lien or Forfeiture of the Property or any part thereof; or (c) shall secure from the holder of surln lien an agreement in a foam satisfactory [o lender subordinaCigg such liar to this Security Instn~rt. If Lener de*~aro= that all or an y part of the Propezty is subject to a lien v>}nicln may attain a Priority over this se.~arity I:>.strroatt, bender shall sad Borrower notice identifying such lien. Borrower small satisfy such lien or talwe ore ar mare of the actions set forth above within tan days of tfie giving of entice. C. NOTICE tinifon: Cavenarrt 1'a of the Security Insrrtment is amended to grad as follows: lk. E~Pt for any entice required under applicable law to be given in another moaner, (a) any notice to Borrower provided for in this Severity Itnstnmenc shall be given by delivering it or by aaw.iliag it by first class mail addressed to Borrower at the Property Address or at such other aridness as Borrower rosy designate by rotioe to Laden as provided herein. and (b) any no[ice to larder shall be given by first crass mail to ipnder"s addrears stated herein or to such other address as Lender may by notice ra Borrrnwrar as provided herein, Anry notice provided for in trove Seasity Imtta~rk, shall be deiced to hsva bean givers to Bon:xuwer or Lender when given in the ma<><ser dae~pa~ted hervdra. D. U~iLF0R4i DEED OF TRUST; GOVERNING LAW; SEVERABILITY Ltd,for>w Cov~rrt tS +~ the Secrnri.ty Instramrnt is amended to read as follows: t5, thi,#nrm Deed of T"ru~wt, Go~tning t~.r; Sewo~sability. This fans o£ Sacnsity Instmm~t camhitres nsti#rnm covrts~exnta #or nattoa>al ,~. apd non-uriEorm covenants wfth Limited veriaticns by jurifxiicticax w mnpritaara a nnifon~ aecra'i.ty iiratrmment covering r+sal pnspsrty. T}ds secnrrity Inatnmezu s#natl