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r 8.3':;;;;-'006259 r (B) Anr:u1t: of llinthly Payments ~. IIICI1thly payment wUJ. l:e in the _t of U.S. $ 365.90 . The Note Holder wUJ. change my noothly paymellt as required by Section 4(C) bel"", on the bth Interest: Chsnge Date and ontl'i!it day every 36th lIXlnth thereafter. Each of these dates is canooa "Payment Olange Date." The Note Holder wUJ. also ~ my lIXlnthly payment on any Interest Change Date if Sect:lo1l5(B) bE!l.oW requirts me to pay the Full Monthly Anr:u1t. (C) Calculatioo of llinthly Payment Changes Before each Payment Olange Date, t:reNote Holder wUJ.ca1culate a new IOOnthly payment sufficleltt to repay the Ullplid prin:1pal balance on my loan in full on the mat:ur.l.ty date at the Payment Rate in substantially equal payments. The '"Payment: Rate" is the SIIIl of the Index figures on the flve Interest: Cllange Dates preceeding a Payment Change Date plus the ilirrent Index, divided by the ctiiiD1ler 6 plus 3.150 percentage points ( 3. f50 %), rounded to the nearest one-eighthof one percentage point (0.12.5%). Except the payment rate Will not exceed 13.990%. (D) Effective Date of PaJ'llE'lt: Changes Until the next PaJllll!llt: Olange Date, I will pay t:he aroount: of my new monthly paJllll!llt: . each lIXlnth begI.ming on the first: mont:hly paJllll!llt: dat:e aft:er the Payment Chsnge Date, or Interest: Change Date if Section 5(B) below requires me to FElY tre Full fult:!>.ly!moJOt. L 5. UNPAID PRINCIPAL BALANCE (A) Olang.as in ~ Unpaid Principal Balance ~ IIICI1I:hl.y payment: could be less t:han the alOOlIIlt of the interest portion of the first Fullc Monthly Anr:u1t: I c=- or less than the interest: portion of my first: full M:mt:hly Anr:u1t after an Interest Chsnge Date. If so, the Note Holder wUJ. subtract the aunnt: of my monthly payment: fron.the aoomt: of interest I c:>oe and wUJ. add the difference to my unpaid principal balance each month until the next Interest: Olange Date. The Note Holder wUJ. also add interest 00 the _t: of this differeree to my unpaid principal balaoce each IIICI1th. Until the next: Interest: Chsnge Date when the Note !bIder det:ermines my new interest: rate on my t:hen unpaid principal balance, the rate of interest: on the interest added to principal wUJ. l:e the rate determined in Section 2 above. ~ lIIlOl:hly payment: could be mre t:han the aoomt: of the Full M:mt:hly AmoU1t:. If so, the Note lIolder wUJ. subtract: tbe diff=e fron the unpaid principal balance of my loan each month until the next: Interest Olange Date as if I had IlIlde a jBrt:ia1 prepayment mder Section 7 bel"",. (B) Limit: on Unprld Prin::ipal Balance; Required full Monthly Anr:u1t: ~ unpaid principal balance can never exceed a maxiJIun am:llIllt equal t:o one hundred ooenty-fi ve percent (125%) of the principal auDJ:It I originally borro<oo!d. If my !Bying the aIlDWt of my monthly !Byment after any Interest Clange Dat:e \on1ld cause the unpaid principal balaoce to exceed that maxlm.m auDJ:It at: any tine, I IIIJSt !BY instead the Full Mont:hly AnxJunt as my lIXlnthly payment mtil the next Payment Chsnge Date. 6. NOTICE OF CHANGES The Note !bIder wUJ. mail or deliver to me a notice of any changes in the Full llinthly Anr:u1t and my llDIlthly !Byment: tefore the effective date of any change. The rotice wUJ. include inforuation required by law t:o be given me and also the title and telepOOne nunber of a person .00 wUJ. aIlSIoIf!I' any ~tion I may have regarding the rotice." B. CHARGES; LIENS Unifonn OJvenant 4 of the Securit:y InstI'UI8lt is "".,roed to read as follows: 4. 0larl>Jes; Liens. Borroier shall !BY all taxes, assesanents, and other charges, fines and impositioos at:tributable to the Property which may at:tain a priority over this Security Instrunent:, and leaseIllld !Byments or g1:<:lllOO rents, if any, in the IlIUlI1el' provided uOOer paragraph 2 hereof or, if rot paid in such maroer, by BoITCAier making !Byment, when due, di:cectly t:o the payee thereof. Borrower shall prauptly furnish to LeIXIer all rotiees of BIlDUDI:s due under this plX'agrap" and in t:he event Borr.-r shall make !Byment: directly, Borroier shall prauptly furnish to Lender receipts ev:idetclng 'luch !Byments. Borroier shall pranptly discharge any lien \obich has priority over this Security Instrunent; provided, t:lat: BoITCAier shall rot be required to discharge any such lien so loog as Borrower: (a) shall agree in writing to the !Byment of the o~tion secured by such lien in a lllSIIrer acceptable to Lender; (b) shall in good faith centest such lien by, or defend against enforcElllllnt of such lien in, leaal proceedings \obich in the opinion of Lender operate to prevent: the eoforoamen1: of t:he lien or forfeiture of the Property or any part the..-eof; or (c) shall secure fran the holder of such lien an agree1B1t in a fonn satisfactory to Lenler subordinating such lien to this Security Instrunent:. If LeIXIer determ:i.res that: all or any part of the Property is subject: to a lien \obich my at:tain a priority war this Security InstrulEnt:, Lenler shall sem Borrower rotiee identifying such lien. Borrlller slall satisfy such lien or take one or IOOre of the actions set forth above within ten days of the giving of rotice. C. NOTICE Unifonn Covenant 14 of the Security Inst:IUllent: is analded to read as follows: 14. Notice. Except for any rotice required uOOer applicable law t:o l:e given in another mmner, (a) arlY notice to BoITCAier provided for in this Security Inst:ruDent: shall l:e given by delivering it: or by ~ it by first: class IIBi1 a<Hressed. to Borrower at the Property Ad:lress or at such other address as Borrower may designate by notiee t:o Lender as provided herein, and (b) any notice to LeIXIer slall be given by first: class IIBi1 to Lenler's address stated herein or to such other address as Lenler may cJesisPate . by notice to BoITCAier as provided herein. Any notice provided for in the Security Iu;~ shall be deeDed to lave been given to Borrower or Lender when given in the IlIUlI1el' designated herein. . D. UNIFORM DEED OF TRUST; GOVERNING LAW; SEVERABILITY Unifonn Covenant 15 of the Security InStnment is "".,roed to read as follows: 15. lbifom. Deed of Trust; Governing Law; Severability. This fODll of Security Inst:runent ccmbires urlfonn covenants for national use and ron-urlfonn covenants with limited variations by jurisdiction to lXlllStitute a wJ.fom. security instI:llla1t covering real property. This Security InstIUrent shall