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83-D06642 L (B) AilnnI: of ltlnthly Payue>ts !1Ymcnthly payue>t will be in the amount of U.S. $ 577 .09 . The Note Holder will~ my 1DXII:h1y pijlIIllDt as required by Section 4(C) belai on the 5rcl Interest Change Date an!. 011 tbit day every 36th lJDlth then!sfter. Each of these dates is caIIeif""il ''PaymI!ntChange lAte. " The Note Halder w:Ul also clmlge my lID1thly payue>t on any Interest Change Date if Section 5(B) belai requires me to pay the li\1ll ltlnthly /m:uIt. (C) Calculation of M:lnthly Payue>t Chqes Before each l'aymeDt Change lAte, the Notelblder will calculate a new lIIlDth1y payment suffic.:lerit to repay the unpaid pdIrlpal ba.lan:e on my lo8n in full on the III!lWrlty date at the Payneot: Rate iI) substantially equal pa}'lllE!ll.ts. The ''Psyue>t Rate" is the SlID of the Indlax figures on the two Interest Clange Lates ~ a Payment ChmRe Late plus the OJrrmt Inlex, divided by the IiiiiiieF 3 plus 2.500 percentage points ( 2.500 %) mnIed to the rearest . one-e:Ighth of ore peIl:entage point (0.125%). Except the payment rate ;Un not el<Ceed 13.990%. CD) Effective Late of Payue>t ~ !htl.l the next Payment Change Late, I will pay tbe amount of my new lIIlDth1y payment each 1OOI1t:h ~ on the first lID1thly pa:yment date after the Payment 0Iange Late, or Interest OIangeLateif Section 5(8) below requires me to pay the li\1ll !tlt:lthly Am:u1t. 5. UNPAID PRINCIPAL BALANCE (A) Changes in !1Y Unpaid Principal llal.ance !1Y lIIlDth1y payue>t could be less than the aonmt of the interest portion of the first: :FW.l ltnthly.!lllnDt: I 0I0Ie or less than the interest portion of llrf first: full !t)ot.1U.y AuDmt. after an Interest Clange Late. If so, the Note Holder will subtract the aunnt of my lID1thlypayment fran:the IlIIlllWt of interest I eM! an!. will add the difference to my unpaid principal balance each umthtmtil the next Interest Qwmge Date. The Note Holder will also add interest on the_t of this difference to my unpaid principal balance each Dalth. !hill the next Interest Change Date .men. the Note IbJder deteImines my new interest rate on my then unpaid principal ba.lan:e, the rate of interest on the interest added to ptincipal will be the rate determined in Section 2 above. My mcothly payment could he IlOte than the alIUlt. of the li\1ll Mxtt:hly ADrAnt. If so, the Note lIo1der will subcract: the difference froa the unpaid ptincipal balance of my lam each 1OOI1t:h mill the next Interest Change [Ate as if I had ""'<Ie a partial preps.yue>t I.llder Section 7 below. (B) Limlt on lhpa1d Princ.ipalllal.ance; Required FUll M:nthly Am:u1t My unpaid principal balance can never exceed a maxinun IlIIlllWt equal to one Iuldred ~ty'-five peIl:ent (125%) of the principallllllllWt I orig1na1ly borrowed, If my paying the aDDlnt of my mcnthly payment after any Interest Change Date ....w.d cause the unpaid principal balance to exceed that 1IIIlXim.m IlIIlllWt at any t:!me, I II1JSt pay instead the Full M:nthly Am:u1t as my llIX1thly payue>t wtll the next Payment O\ange Date. 6. NOTICE OF CHANGES The Note Holder will Ill8il or deliver to me a notice of any clm1ges in the li\1ll !tlt:lthly Ilonnt an!. my llOllthly pll.}'III!I1t befote the effective date of any cl1aqJe. The notice will in::J.ude infOt1lBtion required by law to be give:t me an!. also the title an!. telepn,e 1tUDI::!er of a person who will answer any <pJeStion I lII!lY blve ~ the rotice." B. CHARGES; LIENS UnifOIlll eo..enant 4 of the Security Instr\ll81t is 1lIIIE!Ided to read as fo1.1cws: 4. O>ar:aes; Liens. ~ shall pay all tallr!S, assesauents, an!. other charges, fines an!. impositioos attributable to the Property which lII!lY attain a pdority over this Security InstruDent, an!. leBsero1d pa}llJl!!llts Or gromd rents, if any, in the IlllII'IJer provided ualer paragraph 2 heJ:eOf or, if not paid in Slrl\ mamer, by Borrower ~ payue>t, .men due, dit!!Ctly to the payee thereof. Borrower shall ~y fumish to Lealer all oot1ces of aor:JWtS due ualer this paragraIh, an!. in the - ~ shall make payment diIectly, Borrower shall praIIptly furnish to Lender receipts ~ Slrl\ 1B)'\IIllOtS. ~ shall proaptly dl.schax&e ar.rj lien .trl.ch has priority a<>er this SeoJrity InstrulEllt; proyUied. t1Bt Borrower slBll rot be required to discharge any such lien so J.rog as llormoer: (a) shall agl:W!e in writing to the payue>t of the obl.ig;ltion secured by such lien in a _r at'N>pI'Jlhl", to Lender; (b) shall in good faith cootest such lien by, or defend ~t ~ of Slrl\ 11m in, leaIIl ~ which in the opinion of I..eOOer operate to prevent the l!I1forceBJt of the lien or forfeiture of the Property or any part thereof; or (c) shall secure fron the bCIl.der of such 11m an agreEIII!Dt in a fom satisfactoty to Leo:ler subordinating such lien to this Seolr:ity IDso:uIett. If !aIIer deteniines that all or any part of the Property ia subject to a lien ..m.ch my attain a pdority over this Security InstIullent, !aIIer shall send ~ notice identifying Slrl\ lien. Borrowar slBll satisfy such lien or take 0l'1e ot IOOre of the actioos set forth above within ten days of the giving of notice. C. NOTICE tklifcma eo-.nt; 14 of the Security InsttuIImt is LIlll!Blal to read as fo1.1cws: 14. NotU:e. ElD:pt for any oot:ice required under applicable law to be given in another aamer, (a) ar.rj not:l.ce to Borrowar ptlM.ded for in this Security T.nst:nIIlent shall be given by delivering it or by ~ it by fimt c.laaa uail addres&ed to ~ at the Property Address or at such other address all Borrowar 'IIC'/ cIesf.pte by notice to Lender as ptlM.ded herein, an!. (b) any notice to Lender shall be g1W1l by fUst clau uail to lAnder- s address stated herein Or to such other address as l..eOOer fillY ~. by notice to Bo~ as pnMde:i herein. Any notice provided for in the Security ~ ..u be ~ to haw been gi'Ml to ~ or lAnder when gi\len 1n the aamer ~......... lefttn. I). UlUFOaM DUD OF TRUST; GOVlRNING LAW; SEVlRABILITY 1.b1f_ Cowmal: 15 of the Security Inatt\lBlt 18 --.s to t'lllId as follows: 15. llU.tm:la!lled of Tnat; Go'M~ Law: SeMtrabU1ty. This form of Security Ifl11tt'Ul1mt caub1nes IIIlifoaI ~ {or lllItianal .... 8Dd IlIlIl""Wifcma aM!IlllIltS with l!.m1ted ,..nations b}' jurisdiction to ClCIIlItltlltlt a uatfotll -.city iaII~ ~ real propeJ:"ty. 1h1i9 Security Inst:rulll!nt shall r