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<br />84 --00611.6 <br /> <br />r <br /> <br />(C) Incr~ Itmthly Pa}1llent <br />.~ t~'r'tl=etlts. determined under Sectien 4 or 5 after aqy Cbange Date could cause my <br />tnpda'~ toellCeEld the lilllit statEd in Section 6(8) bel.ai. If so, on the date that <br />my payi11l: my mnthly payment Iit>Uld cause me to exceed that limit, I will instead. begin~a.IleIr <br />lIOOthly J3YIllI!l1t until the next Clllqe Date. Theoow llOOthly pl}'lllent w.Ul !leina n SIIIOInt~ch <br />Iit>Uld be suff:l.clent to rEplY. my then unpaidpriDc:tpal in full on thedlllaturit:y dateatmy~ <br />interest rate in 81Dltanl:i:illly. eqlBl plymentB.. NewlDltbly pa)'llalts. wiU!ledetetlll1rled' itlt:1l1:S'ay <br />after each ~ Date mt1l the next ~ OlaoI!Ielle.te. <br /> <br />(D) Required Pull Pa}'llB1t <br />~ with the first. rom:hly pa)lDent after the final ~Date; <br />Payment as my mcnthly pa}llllent. <br /> <br />6. INCREASES IN THE PRINCIPAL AMOUNT TO BE PAID <br />(A) Additiollll to l'\y Unpaid Principal .. <br />~ mcnthly payment c"'JId be 1-. than the ~t of ~he int<>~tp::.r.t'i""nf.~~ltr,:"J;.'~" <br />ttat t.OUld be suffi.cle:lt to t'elBy the YOP"irt priTV"ipal ! 0!01!!l at. the ur:ll1thly paj'DI!lI1~~t:e:.1n/~;;~.. <br />the matlrlty date in stt.stantiallyequa.l pa}'llleDtS. lisa, eachlll:llll:hthatthe8llOla'itof.~/ <br />paj'lll!nt is less than the interest p:>rt1on, the Nlte Holder will ~ theaoount;of . <br />payrlIfmt franthe aIICUlt of the interest p:lrt1on am will add thediffereDcetomy:J,jrp1l1,lL <br />The lbte Holder wf-ll also.;dd t..~ ir~t -\Xi the 'anUu.U:-',of tJ'U8-dtf~~ to-:my-"'-~"'~_~,~ <br />each unnth. The interest rate on t'f>> interest added to' pri...~ _ -wl-ll-: Qe -, tre:;,,~:>;~ <br />Section 4(C) above. . .. .. <br /> <br />(B) Liml.t en l'\y Unpaid Principal <br />l'\y mpaid principal can never exceed a llI8Jdllua allOOIlt equal to onelllndrEd~va~ <br />(125%) of the princ:l.pallJllJl.nt I origina1ly borIrxed. . <br /> <br />7. NOTICE OF CHANGES. . . . ... ... ....... .:.. <br />Thebbte Holder will deliver or ma1l to me a not1ce of aqy changes in .1Irf .lIIlQtIlq~~Ole'I,; <br />the effective date of any~. The notice will inclule informtion required bylawto.be~;lII'.!C0" <br />and also the title and tel.eJfime IUDber of a p!rSOO wto will .anster aqy"quest:iDnsI1Dsy~" <br />r~11l: the mtice." <br /> <br /> <br /> <br />Unifotlll Covenant 17 of the Sea1r:ity Instnment. is anerded to rea! as follows: <br /> <br />Transfer of the Property or a llmef1clal Int:enlst 1n Bo=-r. !fall or auy pan of the <br />Property or any interest in it is sold or transferred (or if a benef:iclalinterest in iBom-rds <br />sold or tran9ferred and ibrrl7.er. is not a nattral pemm) withlut. I.eo:Ier~1l pd.orwritten CClD8lIQt, <br />l.eB:ler my, at its option, require iiIiIEdia.te payIlB1t in full of aU SU5 ~.~this Secur1ty <br />Inst:nunt. !loloJever, this optial shall not be exercised. by I..eo:ler if e'JlIIl:Ciaa is .p.mh1b1tedby <br />federal l.w as of the date of this Security Instn1IIent. I.eo:Ier also shall mt ~t:hta optiDo. <br />if: (a) Bo~ causes to be sulDttted to Leader informtion required by Le:lder to ~,tbe. <br />inl:eOOed transferee as if a new loan were being lIBde to transferee; am (b) Lender 1'eIlSOlllIbly <br />detemines tl1ilt !alder's security will mt be 1qBired by the loan "-~fooandthat the risk of a <br />breach of aqy COWIllII1t or agreement in this Searity Instrl.mE!nt is acceptable to Lerder. <br /> <br />To the extent pemdttEd by applicable 1_. lender lIBY cl1aQlIa a re&........hl"! fee as aClXldition to <br />lender~ s COII8el1t to the loan asstmption. Lenler may also requite the transferee.to sign an <br />ase~ agn!liIIIi!nt that is acceptable to I..eo:ler ani that obligates thetransfeme to keep all the <br />prlD.ises am agreEIIlI!Ots IIBde in the Note am in this Sea.trity Inst:tuaent. Bo=-rwill contiJ:aIeto <br />be obl1gated \DIer the Nlte an this Security InstrI.uent Ulless lender .reJ.eaEa Bor;awerin Writ:lng. <br /> <br />If l.enr:ler elIIlrci.ses the option to require tmled1ate pij'lll!nt in full, I..eo:ler shall give Bom:llle1' <br />notice of acceleration. The rotice st<>-1l pl:'(!V'i..de a pedtld of not less than 30 days frail the data the <br />mt.ke is deJ..1vered or DBiled within Iltdch Borrower lIIIIIt pay all SUB !!eCtx!lli by this Securit;y <br />lnstrl.iZnt. Ii Borrower fails to pa;y t'- 8UJII prior to the expiration of this period, LeocJer IIlIlY <br />imIole /!In)" relIIii!dies petml.tted by this Security InstruDIm withlut. further mtice or dElllBRi on <br />Bo=-r. <br /> <br /> <br />B. TRANSFER OF TttE PROPERTY OR A BeNEFICIAL Il'.'TEREST IN BORROWER <br /> <br />BY SIGNING BELOW, BoJ:J:ower accepts and agrees to the terms and convenants <br />contsined in this Adjustable Rate Rider. <br /> <br />,:}<>t>; ,',~'-{;_ <, / <br /> <br />/ <br /> <br />-/~{ <br /> <br />i.-'>t:;::'-::;,(/ <br /> <br />( Seal) <br />-Borrower <br /> <br />James v. J3~~~n <br /> <br />S;illy H. JacKson <br /> <br />(Seal) <br />-Borrower <br /> <br />>.;~:(! ;r <br /> <br />(Seal) <br />-Borrower <br /> <br />...... <br />