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I 83-V06796 (B) IlID:u1t of Monthly Payments My IIIlXlthly payment will be in the 8IlDXJt of U.s. $ 512.71 . n-e Note !hlder will change IJI'f nanuy payment as required by Section 4(C) be1cM on the 6th Interest Clange Date and on that day every 36th lIIlOI:h thereafter. Fach of these dates is canara '"Payment Olaoge late." The Note Ilolder will also ~ IJI'f lOOIItilly paylII!tIt on ~ Interest Clange late if Sectirin 5(B) be1cM requires III! to ply the Full Monthly .I\mcu1t. (C) Calcula.tion of !b:1thly Payment ~ Before each Paymenl: Olaoge Date, tbe Note Holder will calculate a new IIIlXlthly paymern:sufficlent to reply tbe UIIplid prirr.ipal balance on ray loan in full on the maturity date at the PaynEnt Rate in substantially equal p&)I1lBlts. The "Payment Rate" is the sun of the Index figures on. the five InterESt Olaoge lates preceediog a Payment Olaoge Ilite plus tbe Currelt InIex:, divided by the'iiiiilier ....Ji.... plus 1Eil:50 percentage points ( 3.150 %), rounded to the nearest ~ of <me percentage po (U.lZ5%). Except the payrrent rate \./ill not ey..cecd 13.990%. (D) Effective late of Payment ~ lhtil tbe next Payment Olange Ilite, I will plY the allnJIlt of IJI'f new 1lXlOthly pa:yIII!Ilt each lIIlOI:h begiming on tbe first 1llJl1thly plyment date after the Payment Olaoge Ilite, or Interest Clange Iliteif Section 5(B) below requires III! to ply tbe Full fulthly Amunt. 5. UNPAID PRINCIPAL BALANCE (A) Changes in My UnpUd Principal Ila.l.aD=e My uau:hly payment could be less than the """'lllt of the interest portion of the first Full lb1thly /m:u1t I <M> or less than the interest portioo of ray first full Monthly /m:u1t after an Interest Olaoge late. If so, the Note !hlder will subtl:act the ama.nt of ray nmthly payment from the aannt of interest I awe and will add the differeoce to ray unprl.d principal balance each m:nthuntil the next Interest Olaoge late. n-e Note Ihlder will also add interest on the 8IlDXJt of this diffeI'ellOe to IJI'f wps.:id prtrr.ipal balance each m:nth. llitil the next Interest Olange Date when. the Note !hlder det:enDines llIY new interest rate OIl llIY then wps.:id principal ba1ance, tbe rate of interest: on the interest added to principal will be the rate determined in Section 2 above. My nmthly plyment could be lIDre tlm1 the aKlWt of the Full fultbly Anxu1t. If so, the Note !hlder will subO:act: the diffeteOCe from tbe unpsid pr:1ncipal ba1ance of llIY loan each IIIlIII:h until the next Interest Olaoge Ilite as if I had IIDde a pll"tial preplyment tIlder Section 7 belOW'. (B) Limit on UJpaid Prirr.ipallla.l.aD=e; R8!u1red full Monthly .I\mcu1t My unprl.d principal ba1ance C8Il never exceed a 1lIlXinuu llIlWnt equal to ODe luldred nenty'"'five percent (U5%) of the principal aD:llnt I originally borrowed. If llIY plying the atIIlWt of llIY IIIlXlthly plyment after any Interest Olaoge Oste IoO.Ild cause the unprl.d principal ba1ance to exceed that 1lIlXinuu aIIJIDt at ~ t1lll!, I llUSt plY instead the Full lbu:bly /m:u1t as llIY 1llJl1tbly payIII!Qt llltU tbe next Paymenl: Olaoge Oste. 6. NOTICE OF CHANGES The Note Holder will mail or deliver to me a ootice of any changes in tbe Full lb1thly /m:u1t and llIY nmthly psyment before the effective date of ~ change. The notice will ircltxle 1nf01'llBtion required by law to be given me and also tbe title and telephooe nunber of a persoo ..m will answer any ~tion Imy have regarding the notice... B. CHARGES; LIENS llnifom Coveooot 4 of the Security Instnment is SIlleIded to read as follows: 4. Olar&es; Liens. Borrower shall ply all taxes, assesSlll!lltS, and other chaxges, fines and ilIqxlsitioos attributable to the Property which my a ttain a priority over this Security Instnm!nt, and J.easerold plyments or gromd rents, if any, in tbe llBIIIler provided umer paragraph 2 be"",f or, if not paid in such uaner. by Borrower making plyment, Iotlen due, directly to tbe payee thereof. Borrower shall praaptly fum1sh to Leuler all ootices of aD:llntS due umer this psragraph, and in the event Borrower shall IJI!Ike plyment directly, Borrower shall pranptly furnish to Lenler receipts ~ such plyments. Borrower shall prcmptly discharge any lien Wrlch has priority OYer this Security lnst:ruJmt; provided, that BorI'Oloer shall not be required to discharge ~ such lien so l.oog as Borrower: (a) shall agree in writing to tbe plyment of the oblig;ation secured by su:h lien in a _r lO("()f'prAl>le to Lenler; (b) shall in good faith contest such lien by, or defen:l against enforcement of such lien in, J.eaal proceedi.Qgs ~ in the opinion of Lender operate to prevent tbe enfota!lllellt: of tbe lien or forfeiture of the Property or any part thereof; or (c) shall secure fran the Inlder of such lien an agreE!IlIalt in a fom satisfactory to l.e!lder subordinating such lien to tllis Security lnsttuIeu:. If Umder detel:m:ln!s that all or any part of tbe Property is sub jeet to a lien ..aich may attain a pdority OYer this Security Instr\Jllent, Lender shall seal Borrower ootice identifying such lien. Borrower shall satisfy such lien or take "'"' or rore of the actions set forth above within ten days of the giviIlg of mrice. C. NOnCE tmfoDll CoYensnt 14 of the Security Instr\Jllent is <IIIeI1ded to read as follows: 14. Notice. EllI::ept for any ootice required <nler applicable law to be giVl!l:l in another 1ll!IIIIlf!t. (a) 3DY notice to Borrower provided for in this Security Instr\Jllent shall be given by delivering it or by ~ it by first class IlIlil addressed to Borrower at the Property Address or at such other address /18 Borrower 1111)" des1gnate by notice to Umder as provided herein, and (b) any notice to I..a1de1; shall be gi- by f1.Bt c.lass IlIlil to Lender's address stated herein or to su:h otber address as Leuler ..y ~ by aot1ce to l!orrowriIr as provided her:e1n. Any notice provided for in the Security Q",- sbIJJ. be dee8i to ~ been given to Borrower or Lender when gillell in tbe lIIII"Ilet ~pted bmtin. D. IllflFOIlM. DEED OF TRUST; GOVERNING LAW; SEVEIWHLITY ~ CovoIant 1$ of thol Security Inat:rtl8lt is 00lI!I1l!ed to read as follows' tS. \h1.fo-aa Deed. uf 1'twt; eo.tniq& Law; Sellerab1l1ty. ThU fom of Securi ty Instr\Jllent c<lllli:ll.ne!! wU'ms ~ for lliItk>nrU \llIll and !lIln"U'Iifotla <:XMISliIlltS with 1ill11ted vartatians by jurisdicUon to _t1tu!111: & Imrot'lll OIIlC<.ltity t..~ ~ real property. This Security Instt\lllllrlt.hall