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r <br /> . ��-- 1C)2852 <br /> (E)Effective Date of Changes <br /> My new interest rate will become effective on each Change Date. I will pay the amount of my new monthly payment <br /> beginning on the first monthly payment date after the Change Date until the amount of my monthly payment changes again. <br /> (F)Notice of Changes <br /> The Note Holder will deliver or mail to me a notice of any changes in my interest rate and the amount of my monthly <br /> payment before the effective date of any change.The notice will include information required by law to be given me and also <br /> the tide and telephone number of a person who will answer any question I may have regarding the notice. <br /> B.TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER <br /> Uniform Covenant 17 of the Security Instrument is amended to read as follows: <br /> Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any interest in it <br /> is sold or transferred (or if a beneficial interest in Bonower is sold or transferred and Bonower is not a natural person) <br /> without Lender's prior written consent,Lender may, at its option,require immediate payment in full of all sums secured by <br /> this Security Inswment. However,this option shall not be exercised by Lender if exercise prohibited by federal law as of the <br /> date of this Security Instrument. Lender also shall not exercise this option if: (a) Borrower causes to be submitted to Lender <br /> information required by Lender to evaluate the intended transferee as if a new loan were being made to the transferee;and(b) <br /> Lender reasonably determines that Lender's security will not be impaired by the loan assumption and that the risk of a breach <br /> of any covenant or agreement in this Security Instrument is acceptable to Lender. <br /> To the extent permitted by applicable law,Lender may chazge a reasonable fee as a condition to Lender's consent to the <br /> loan assumption.Lender also may require the transferee to sign an assumpUon agreement that is acceptable lo I.ender and that <br /> obligates the transferee to keep all the promises and agreements made in the Note and in this Security Instrument. Bonower <br /> will continue to be obligated under ihe Note and this Security Inswment unless Lender releases Borrower in writing. <br /> If Lender exercises the option to require immediate payment in full, Lender shall give Bonower notice of acceleration. <br /> The notice shall provide a period of not less than 30 days from the date the notice is delivered or mailed within which <br /> Borrower must pay all sums secured by this Security Instrument. If Bonower fails [o pay these sums prior to the expiration <br /> of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on <br /> Borrower. <br /> BY SIGNING BELOW, Bonower accepts and agrees to the terms and covenants contained in this Adjustable Rate <br /> Rider. <br /> (Seal) <br /> Borrower <br /> /!.n ' li � r�� / (Seal) <br /> EL RATHMAN -- Borcower <br /> ($�) <br /> DARRIN RAT Borrower <br /> (Seal) <br /> sorrower <br /> ,,� �. � ' <br /> �-899A�eaoe► Pa e 2 ot 2 <br /> 9 <br />