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<br /> (C) Catculatlon of Chsn�es � ' '
<br /> . Before eath Change Date, the :�Iote Holder will calculate my new interest rate by adding '; . � , �
<br />_�� aix.parr�taQV pQinf�.(...6,S149°(n1........................................................................so the Cu�rent Index. Tfie �iote Holder will '.- �- --- —._.. _ .. -
<br /> thea round the res�ilt of this addition to the nearest ane-eighth of one perceatage point (0.125%). Subject to the limits � �'`. , .• , -
<br /> stated in S�ction 4(D)below.this rounded amount will be my new interest tate until the next Change Date. � ' ' ' `
<br /> The Note Holder will then detetmine the amouut of the monthly payment that would be su�cient to repay the unpaid - ` ' : .:,.;
<br /> � principal tbat I am expected to owe at the Change Date in fuII on the maturity date at my new iatemst rdte in , : ;
<br />_ substantially equal payments.The:esult of this catculatioa will be the new aznount of my monthly payment. , _��_ -
<br /> (D) Limits on lnterest Rate ChanQes • ����::
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<br /> • The interest rate I am reqaired to pay at the 5rst Change Date will not be greater thsn ..9.�1.�......... % or less than �-- -
<br /> � � � %. Thereafter,my inte�st rate will never be iacreased or dec:eased oa any single Change Date by mo:e than � —=-_
<br /> ;37 ........ , ....................from the rate of interest I have been for ,�.--�*.
<br /> •. fiNR.RN(f.AR4A9.4 D91Atl.L..�,S1A0/�.............................................. PaYmB , �•..
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<br /> i the prxeding 12 months.ldy iaterest rate will nevez be gieater thaa.1�.�7.5........%. � < : - -
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<br /> (E) Eitec�ive D��of Changes � • '�����-.i
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<br /> ' My new interest rate will become effecrive on each Change Date. I wiI1 pay the aznount of my new snonthly payment � �����
<br />,,,.: .
<br />:• ;� beg'mning oa the first monlhly payment date after the Chaage Date until the amouat of my monthly payment changes ��
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<br /> (� NotIce ot Chan�es '.
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<br /> The Note Holder will deliver or mail to me a notice of any changes in my iaterest rate and the amouat of my monthly . •,;_
<br /> paymeat befo�the effective date of any change.The notice will include information required by law to be given me and _ ?.<•�=-
<br /> y also the titte aud telephoae number of a person who will aaswer any questioa I may have re�rdiag the notice. _ _ ;��; ''"_
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<br /> �. 4�2ANS�ER OF THE PRO�ERTY OR A BENEFICib�INTEREST IM BORROIfJER � � ��� .`d� � �
<br /> .��• 4• _
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<br /> '_k Uaifoan Covenant 17 of the Security Instrument is amended to read as follows: - � r .
<br /> ,r.�_-
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<br /> Transter ai the Property or a Beneftcial Interost in Borrower.If all or any pa:t of the Property or aay interest ia it _ � •,�, - °
<br />� : •� is sotd or transfe�d(or i�a beaeficial interest in Borrower is sold or trdnsfesed and Bosrower is not natival person) '�'�
<br /> .�, without Leade�s prior written consent, Lender may, at its opiion, :equire unmediate paymeat ia finll of all sums �f.:�.� _
<br />� seciu+ed by this Secuiity Inshvment.However,this op4ion shall aot be exezcised by Lender if exercise is prohibited by ''�• •� -
<br /> ��
<br /> federal law as of the date of this Security Instrument. Lender also shall not exercise this optioa if: (a)Boaower causes ': ��;-. �µ� '�,.----��
<br /> to be submitted to Lender information reyui:ed by l,ender to evaluate the intended transferee as if a new loaa were ,
<br /> being made to the traasfeiee;and(b) Lender reasonably determines that Lende�s security will not be irnpaired by the . '
<br /> ' Inan assumption and that the risk of a breach of aay coveaaat or ag�eement ia tivs Security Iastrument is accacptable '�Y����-`�
<br /> • to I.ender. ���.
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<br /> To the exteat permitted by applicable law, Lender may chaage a ieasonable fee as a condition to l,ende�s consent to Y�;��
<br /> the loan assumplion. Lender may also require the transferee to sign aa assumption ageement that is acceptable to . Y� �---•-�.;�.,
<br /> ' Lender and that obligates the transferee to keep all the promises and agnecments made in the Note and in tbis Security '�.��•:.
<br /> Instrument. Borrower will continue to be obligated under the Note and this Security Instrtunrnt unless l.ender ,
<br /> ` mleases Borrower in writing. ' _.. . F...::- .. -
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<br /> �-n:�.:-�.::s::
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<br /> RIDER•ARMOt 2 of 3 ECOt9L Rev 07/T;SI95
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