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<br />(B) AaIlunt of Monthly Paymmts
<br />~ IlDlIthlyl'ftYlllE!nt wUllEin ~anXlUI1t of U.S. $ 457.31.. TbeNoeelblderwill<:haoge
<br />my mnthly payment as required by Section 4(C) below on ~ 6thInterest01ange!Btean:! onth8tday
<br />~ 36thlOOlll:h thereafter. Each of theSe da~i.s called e' ''p~~Date.~TheN9te1bldei"
<br />will also clm>se lIlY llDlIthly pa}'lDenton any InterestChanaa Date if Section 5(B) be.1Dw ~1Illto'
<br />pay the Full Honthly Annmt., . '. '.
<br />(C) Ca1cu1ation of Ibnthly Pa}'IIleIIt ChI.mges . .. . .'. .... '. .... ..... ....... ...................C
<br />Before each Paynent Change Date, tm Note Bolder liil1 calQ1Mr""ne<>!!D!Itl>.1:Y~.su..""....~
<br />to repay the unpa1d prt""'pal te.lance an lllJ1= in f'ull on the maturJ.tYdilteateill!P~~ill,.
<br />Sul:etant1ally equal pEl)'ll2nts. 1h! 'l'aym!!nt Rate"is tm SlIIl.ofthe~ff3ures.onithe;f~3'.
<br />Interest Chanaa Dates prooeedi~ a Payment. 0w1ge' DatepluatheCuml1:ll:IndeX;d1v:1dedby:thei~<.'
<br />6 plus 3 . noe percentage points (. 3. GOO %), rc:uniedto tlv.! ~est' ~th.ofone) m
<br />percentage point (0.125%). hecpt tl~,,~l)<'."ntr"te "JD not t"'XC<'OO 14.990".,<.",
<br />(D) Effe<:tiveDate of Payment Qvmges . ,. ...... .... .... " .......,.....'".'
<br />Until tm next Paytrent Change Date i 1 will pay~ anoont. of my new lII:)nth1Y~.ea::h~h '
<br />00gI.nn1ng 011 the first IlDlIthly payment dilte after the Pa}'IIleIItOlai:rge Date,or llll:&restChanaaDat~r1fi
<br />Section 5(B) !:elCM r"luires me to plY. de Full Monthly Aol:lunt.. '
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<br />5. UNPAID PRINCIPAL BALANCE i
<br />(A)~ in ~ Unpaid Principal Ba.l.ance .... ". . ..,' .......... <ii,' .,
<br />My IlDlItlU Y plyment could m less thlln too am:>unt of tm !.nterestpott1on of'tref1rit~
<br />I'tlnthly Annmt 1 owe or less than the interest pordoo. of my first f1J1lHonthlY~,i8l: axi<;
<br />Interest Olange !Bte. If so, tm Note Holder willsuhtract. theanoontof my;1lDlIth1YiS~,"';
<br />aDIlUntof 1nterest I owe an:! will add the d1ffereoceto my;unpa1d pIind.pal'b1Iani:e~~;,;';
<br />the re>tt Interest Change !Bte. 1h! Note !kililer will also add '1arere!it on'the"$IlOOI1tof]i~;i.-
<br />d1ffereoc.e ta my unpaUI prlnc.tpal balance each 1Il>I1th; Until the next . Interest~~~;the. -
<br />Note Holder det.ennln!s my .- interest rate on my tren unpa1d pr1ncipalbslatre, the:rate.of;;i":,,,,~t;. '..
<br />on the 1nterest added to pr1ncipal will m tmraee deteIlld.ne:linSEct:!an2abo\Je' ...... ........ .'.....,............."
<br />My mnthly payment could IE Dm'e than tm llIIDmt of the Full MonthlyAonlot;. If$O,the~...,
<br />Holoor will subtract tm d1fferenre iran tm unpaid priocipal ba.1a1reQfmyloaneschllDDl:hlll'ltilthe
<br />next Intenst ~ Date as if I had lIl!lde a p3rtial prepa)7lle1ltc under SEction 8~;
<br />(8) Umit 011 Unpaid Ptlnc'r.d Balance; Required Full M:mthly llawnt . ,.. ." . . . '.'
<br />My unpaid principal i:alarre can never excee:lamaxinun amltIllt "lual toane luxjrerll:Welll:fo"f1YE!
<br />percent (125%) of the pd.ncipalilllDUnt I orlglna.Uy l:m:rowed. If my paying the atlXlUlltof 1II'J'llimI:h1.t
<br />~ after any Interest ~Date WQJ1d C9USe tll> unpaidpr1ncipal talanceta. ~),:hat "
<br />osx:lDulI1lllDUnt at any time, 1 Il>J8t pay instead the Full fobtIthJ.y Annmt as.1II'J'~p!l}'IIlIl!lt,~
<br />the re>tt Payaent COOnge Date.
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<br />6, CONVERSION TO FIXED RAn: AND PAYMENTS
<br />(A) Right to Convert.
<br />I h8~ the option. prior to any Paytreoc 01ange Date, of c""""rting this loan taa ..fl.x2d
<br />interest rate ani f b<OO llOnl:hly ~ plan as prO'l'ided in this section. Once I have e<:>nvertedmy
<br />loan, tm inte_t rate an! the regular axmr:hly ~ will rEllBin ~ fortlv.! rest of <the
<br />tem of tm 10lUl,
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<br />(8) Rate an! Paytrent after Coo....rsi.on.
<br />If I elect to COOIIert 'W ~. ttBl the interest rate for tmrElDilinllJgl:eIDlwiU. l)Ot,~;
<br />de "Fixed Rate Index" plus '.'}<. per<:eflt. nv. Fl.x2d Rate L~ is tt:<onet y1e.ldrar.a..~of
<br />l'edenU Natlonal ~$lf8e AssOCI4ilOO (FNM\) for 6O-daymarxlatorydel1wry of new fixed ntte~.
<br />such l'ilo!d Rate Indelc is available ..t.en tm nlt" qootation referred. to in pllt'llgrapil6(C)(2)boil,owi.s
<br />ada. 1h! new tUlle! rate will m eifecti~ on the next Pa~ ~ !Bee. 1h!new. fi.1aldiSyment
<br />aawut will he the llIIQA'lt wtdch is sufficient to repay tm unps.l.d princi.paJ. ba1anc:e. ofmyloe.tl.U1
<br />full in substantially "lual payments by tm Il8turity dilte. I will pay. trjs '0I!If.f1xedlSl<,."\t.
<br />begl.nn1ng on the first uonthly pa~ date after the Payment ~ Date on wh1l:h I COI1'Ietterl.
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<br />eC) EJercise of Fixed Rate Option.
<br />(1) llfquest for ~tion.
<br />If I am interested in conwrting my loon, 11D.1llt not.ify tm note holder, in writing, that I
<br />wish to hIM! a fUlle! rate an! payment quoted to me. I 1D.1llt send this request for quotation after
<br />receiving a P8)'lIleIlt COOnge ~i.ce under secti.on 7 am at least 30 dilys before tm Paytre11l: Change
<br />Date.
<br />(2) ~ti.on.
<br />\<Ilen it rec.:ives my reqoost ror qwtation, tl'e note holder will send me anoci.ce qooU.I1g
<br />tm fi>2d rat.e an:! pa)'llle1lt IE.ing offeroo <1M tm COfM!rslon fee lOhich I will hIM! to pay if I decide
<br />to COO'oIOU't. n... COO\/erslon fee will rot excee:l ,'. . Ll'''--P''rcenl: of tl'e tIl1p!lid principal ba1an:e of tl'e
<br />loan 00 the Pll)1lllE!nt Change 1Bl:e. The note !older Will send thisqootation lit least 20 wt no m:>re
<br />thIln 30 days before the P8}'lllE!nt ~ Date,
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<br />(3) Acc~ ~.!al an:! ~rtl~.
<br />Ii 1 wish to <;OlIVert my loan at tm fixOO rate am payuent qooted to ""', 1 IllJSt notify the
<br />note lDlder of my 0C<:ept8IlCe in writing. Such notice lII.JSt IE received by the note l'<>lder at least 15
<br />days before tm p~ ChlDge. !Bte am 1llJ8t IE accanpBDJ.erl by tl'e conversion fee,
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<br />(4) lledu<:l:.1oo of TIme Per:tods.
<br />Il the. Pa,\llent Change Notice is not soot by tho! note holder at least 35 days Wore too
<br />P8:)1IIltt ~ llIite, tholn <!lllCh t1uI! period stated show slall he teduce:l by f1 ve days.
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<br />(D)T~ ot('..cawra.ioo Option.
<br />11 the ~ ll.sta. lmex _e ""- to l::e p..!bllsherl or ada available by R*\, or if FNM\ ll"\I>!r
<br />'--quot;~ aMpur~ lW~ lQUl8 on the '-i& 0ClW refl.e<:tOO by the: FixOO Rate l~, thoo
<br />tbl.a "'-l'lIlon option lIhall t"tIII1rtate aOO this lle<:tion 6 lIhall c_ to hol,'I! any effect, !lo.iItM!r.
<br />It .by' that t.!mo, l. h4w ~ oc".oo a q<lQU1t.l;m ......d ~.ot'M!rted my, 1,,,:,,,, Slid. t.ml;~lOIl ,-,Ul uot
<br />affect., !'Iy H>:oo<i rate....>>~. ",U1, inthet _. """..in ()1 I,ll.. fOfU.>.anl ~J.toct,
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