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,.,,~ c~4~ °° j-u0967 (B) Amq~mt of Monthly Payments Mq monthly payment will ~ itt the amount of U.S. S 228.68 The Note Helder wLll mq monthly payment as required by Section 4(C) behxa on t~tteiest Chaiu@e Dete and m thsD'dey': •; { vl~u a so die- oonthlr Payment on nay Interest CtrmRe Datesect(s be]a+~equi~re ~ pay the Full Monthly Amo~mt. {C) Calcailatian of Monthly Payment Chatq~es Before each Payment Charge Date, the Note Holder will.calculate".a raw mopthlq payment sufficient to repnY the unpaid principal baL~oe on my late-ln full an the matutity date•at the Payment Rate in substantially equal payments. The "Payment Rate" is the avo of the Ibex figures on the five Internst Change Dates preaeeding a Payment Chmge Date plus: the CussetK.Indeic divided'by the ~' 6 P~ Pe~~ Pis C 3.150 X)~ raaded to the dear-eat one-eighth of one Petnerta@e Point tu•]25X)• Except tine ~ynent rate will not "exceed "13.9'90%. (D) Effective Dale of Payment Changes Until the next Payment Charge Date, I will pay the amrmt of my-new moriChly payment ead~ month beginning on the first monthly payment date after the Payment Chan®e Date; or Intereet-'Ct~e Date if Seciion.5(B) below requires me to pay the Full Monthly Amount.- 5. UNPAID PRINCIPAL BALANCE (A) Cues in My U~eid Principal HaLence My monthly payment could be less than the amimt of the interest" portion of the first Full Monthly Amount I owe or less than the interest portion of mY first full .Monthly Amnmt after an Interest Chmige Date. If so, the Note Holder will:subtract the-amdmt of my monthly payneat frm-the ammot of intermr I awe a~ will add the-difference to my ~ principal balance each month until - the tx~ Interest Charge Date. The Note Holder: will also add: interest on tfie aunt of this. difference to my tiagiaid principal baLaiae each math. Until the neat. Lntereat,~-Date wren the. Note Holder determines mY new interest rate on mq then ~d principal-baLinoe; the rate=af interest on the interest added to priroipal will be the rate determdned is Section 2 about. My monthly payment could be more than the amount of the Full Monthly Amount. If so, the Nate.,:. Holder will subtract the differarP from the unpaid principal ba]ane'of my loan. each-month until the," ran Inter®t Change Date as if I had made a partial prepayment order Section 8 below. CB) Lima on Unpaid Principal Balance; Required Full Monthly Amo~xt My unpaid Principal baL3nre can never exceed a maxima am~ant equal to one hnmdred tweN:j -five . percent (125X) of the principal amount I originally borrowed. If mY paying the amonmt of mY monthly- payment after airy Interest Charge Date would cause the unpaid prindpal balance to exceed.-that. maxima amount at atny time, I must pay instead the Full Monthly Amwat as my monthly payment until. the nlt~[t Payment Change Date. 6. CONVERSION TO FIXED RATE AND PAYMENTS (A) Rtgtnt to Comrert. I have the option, prior to any Payment Change Date, of concerting this loan to a fi~oed interest rate and fiaa3d monthly payment Plan as provided in this section. Once I have"cnnrverted my loan, the interest rate a~ the regular monthly payment will remain unrlianged for the rest of rte: term of the loan. (B) Rate and Paymert after Conversion. If I e]ect to convert mY lmn, then the interest rate for the raining term.will not exceed the "Fixed Rate Index" plus 0.750peroent. The Fixed Rate Index, is the. net yield requirement; of Federal National Mortgage Aeso~c -ti-on (FNMA) for-60-day mandatory delivery of ~+,fi~d-:rate hate -as: such Fiwad Rate Inc is available when the rate quotation referred to in paragraph 6(C)(2) belay is made, The rev find rate will be effective on the next Payment Chafe Date. The new fii®d payment amount will be the amo~mt which is sufficient to repay the unpaid pritfcipai balaroe of mY lane in fu11 in subataptially equal payments by the maturity date. I will pay:- this new;. friend am~mt begiisrL~g on the first monthly payment date after the Payment Change I]ate on which I converted. (C) Exercise of Find Rate Option. (l) Request for Quotation. If I a interested in cornerting my loan, I must notify the rote holder, in writing, that I wish to have a fi~md rate and payment quoted to me. I must send this request for quotation after receiving a Payment Change Notice. under section 7 and at least 30 days before the Payment Change Date. (2) Quotation. 41ien it receives my request for quotation, the note holder wi21 seed me a notice quoting the find rate std payment being offered std the cornersion fee which I will have to pay if I decide to convert. The carversion fee will rot exceed ~ roent of the unpaid principal balance of the loan on the Payment Change Lhte. The mte holder v r seed this quotation at least 20 but no more then 30 days before the Payment Change Date. (3) Acceptiig Quatatim and Cornerting. If I wish to oontvert my loan at the fixed rate aid payment quoted to me, I must ratify the. note holder of my in writing. Such notice oust be received by the note holder at least 15 days before Uie Payment Change Date std must be acccnQacuad by the convversion fee. (4) Reductiaa of Tine Periods. If the Payment Change Notice is rat sent by the note holder at least 35 days before the Payueat Chsu®e Date, then each time perlai stated above shall be reduced by five days. (D) Te.e.r,;art,,., of Cmvexsian Option. If tie F'ixeii Rate Index ever eases to be published or made avai]able by FNtM, or if FNMA aver senses quatirg and purd~asitg mortgage loazie on the basis row reflected by the Fixed Rate Index, then this: congereioD option shell terminate aryl this section 6 shall cease to have any effect. However, ~Y time, I have already accepted a quotation acd oowerted my loan, such termination will not My fined rate std Payment, will, in that event, remain in full force ani effect.