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, 83- 006552 r (B) Anont of !1mthly Payments ~ rronthly payment: will be in tl>a am:JUl1t of U.S. $ 111 .po . TIe Note Holder will change my IIDIlthly pa)'lllSlt as required by Section 4(C) below. on tlB 200 Interest Olange Date and. on that day I?o1ery 12th lIoot:h thereafter. Each oftlBse dates is called a "Payment (bmge.Date". Unless it -would cause my princlpal balatx:e to exceed 125% of the. principal alIJJUOt: I ortgi.oa1lybort'OloO!d by the next Payuau:. 01ange Date.,. assuaing tre.. interest rate did rot change, I my cOOose to . limit the anxlqrttOf my new lIDOthly payment: following an Interest. 01ange Date if my newintexest rate-would cause,tre lDXlthlypaytlSlt: I haw been paying to .increase bylOOre than seven and ooe-balf percent (7.5%).IfI cmose to limit: the aaDWt: of my lIDOthly payaeu:, I lIIlSt: give the Notelblder l1Otice,t\1atlamd~ so at least: 15 days before my first: newllDlll:hly pay"""'t is due Whenl do so, onthefirstUD1l:h1Y, pa)'lllSlt date after tl>a Interest Olange Date I will begin paying a new m:lnthly pa)'lllSlt which will be equal to . tre 8IlIlU1t I have been paying since the last Interest O1angeDate JJJJltiplied by the riullber 1.075. Even if I haw cixlsEn to limit my =hly pa)'llSlts, Section 5(B) below uayrequireaeto:pay the Full }bot:hl Y """""t. (C) Calculation of ~hly Pa)'llSlt Changes Before each l'ay!rent 01ange !Bte, the Note Holder will calcu1ate a new nnlthly payment sufficient to repay the unpaid pr:lncipal balatx:e on my loan in full on the naturity date at the Pa)'llSlt. Rate in substantially equal [a)'llSltS. TIe '1'aynent Rate" is the SUl1 of the Index figures on the one Interest Oange Date preceeding a I'ayaett Chlrure !Bte plus the Current Index, divided by the riullber 2 plus 4.15(\ percenta&e points ( : .),<;n:t) rounded to the nearest ~th of one percentage po:tnt (0..125%).. [xcept: tht..: f':JY-:;l.:T't rntT' ;;.rib 'Pl.1t t:xc.cf"-0 1 '5.. 1)007. (D) <:fflrtt ve Date of Payment Changes !.btil tlB next: Pa)'lllSlt <haoge !Bte, I will !BY the alIllt.Int of my llE!lJnnlthly payment each lIDOth begi.ming on the first natthly payment date after the Payment Qlange rate, or Interest Olange rate if Section 5(B) below requires ae to !BY tre Fulll-bnthly .'m:1unt. 5. UNPAID PRINCIPAL BAWL~CE (A) Chenges in Hy Unpaid Principal Balance ~~ llIXlthly paytrent could be less than the amount: of the interest portion of the. first Full t-bnthly Anont I owe or less than the interest portion of my first full lb1thly Aimunt after an Interest <haoge Late. If so, tre Note Holder will subtract the am:JUl1t of my 1lJJl1th1y payment frem the allIlWt of interest I owe and will add the difference to my unpaid principal balance each nalth until the next: Interest Qlange l8te. TIe Note Holder will also add interest on the am:lJl1t of this difference to my mpa1d principal balatx:e each f1D[1th. Until the next Interest Qlange Date wren the Note !bIder determines my new interest rate on my then wpaid pd1lcipal l:alance, the interest rate on the interest added to principal will be the rate detenained 1.'1 Section 2 above. Hy l3J[Il:hly payment could be IOOre than the arttlUIt of the Full ~bnth1y """""t. If so, the Note IbIder will subtract tre difference fron the unpaid princi[al l:alance of my loan each llDnth until the 00Kt Interest Q-.ange l8te as if I had made a partial prepayment under Section 7 below. (B) Limit on lhpaid Princi,.u Balaoce; Required full fulthly Aavunt My unpaid principal balatx:e can never e>a:eei a tlIlldm.m allDUllt equal to roe hunlred =t:y-fi ve percent (125%) of the princlpal alIllUDt I originally l:lorrowM. If my paying the allIlWt of my nnnthly payment after any Interest Olange !Bte 1oOJ1.d cause the unpa1d principal l:alance to eKCeed that mx!null amwt at any time, I ULlSt [aY instead tre Full ~bnth1y Aavunt as my f1D[1thly payment until the next: Payment Qlange lAte. 6. NOTICE OF CHANGES The Note !bIder will mail or deli \ler to me a notice of any changes in the Full ~bnthly ,\m:xmt and my aoothly payment before the effective date of any cl-.ange. TIe notice will include infOt!llltion required by law to be given toe and also the title and teleprone nunber of a person lobo will til.lSOl<r any question I my have regarding tre mtice. 7. BORROWER'S RIGHT TO PREPAY I haw the ri<!ht to make !B)'llSltS of principal at any time before they are due. A payaent of pd.nc.ipal ooly is known as a ., prepayment. ,. ,,1eI I make a prepayment, I will tell the Note Holder in writing that I am doing so. 1 IlIlY make a full prepayllI!llt or a partial prepayment witlnut paying any penalty. TIe Note Holder will use all of my prepayments to reduce the allDUllt of principal that I owe unier this Note. If I make a partial prepayment, there will be m delays in t.~ due dateS of my llJll1thly payments unless the tbte lblder agrees in writing to trose delays. ~Iy partial prepayment will reduce too _t of my lIaIt:hl.y payments after the first Pa)'llSlt 01ange Date following my partial prepayment. Hooever, any reduction 00e to fItj partial prepaytrent my be offset by an intexest rate increase. L 8. l.OAN CHARGES If a law, Iiidch applies to this loan and ..ro.ch sets aaxinta loan charges, is finally interpreted so that the interest or other loan charges collected or to be collected in CattleCtion with this loan exc-rtre permitted limits, then: (i) any such loan charge shall be reduced by the alIIlUllt necessary to reduce the charge to the pe.tmitted limit; an:! (il) any SUIlS already collected fron rne"*dch .....-led permitted limits will be reftnded to.... The Note HoIder my chooole to make this refund by nOx:ing the principal I owe uOOer this Note or by nsking a direct [ayaent to !lB. If a refunl redllees prlnc1pa1, the mdur::tion will be tNated as partial prepayue1t. 9. BOlUl.OW1UI.~S FAILURE TO PAY AS REQUIREll (A) 1.atII QlIqe fur CMmlue ~ts l.f t.he lbte Holder_ 1lOt nceived the full !bOUnt of any of my aoothly payment by the en:! of 15 ~ ..,.. 4ftlIlt the date it i.a due, 1 will pII)' a late clBrge to the Note fblder. TIe 8IDJUIlt of the cl1Ilqil '41l1 he 4% of my o~ payment of principal and interest. r will !BY this late cllarp ~ Wt ooly .!llll:e <Xl art late Pl)'mllI'lt:. (8) llaiaull: l! 1 do l'II:lt pay the full _t of <llI>Ch tllOOthly paymont 00 the date I t is due, I will be in ,wau1t.