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Home My WebLink About0950 1 . ~ . r ~ ; . ( ~ . • . . If tbe Iadeac is ao lonser availabk. tbe Note Holder will choose a new indo: which is based upon comparable iafora~atiou. Tba Not~a Hoider wiil pve a~e notia ot this cboioe. (C) Calaisti~ C1rl'~s Beio~+e esc6 Cban~e Date, t~ Note Holda wiU cak~late my new interat nte by addin`...T.WS?..,fii`ii?...'~H~~~..... . QV.A~.T.~ii,~ psroeata~e points (.~..1.5......~i) to tbe Cwrent Index. The Note Holder will then round th~ rasult of this additioa W t~e aanR eo~eaj6t6 o[osa p~tt+oeat~e point (0.125~). Subject to the limits atated in Section 4(D) below, this rornded sa~ow~t w~ill bs ~r ssw iater~e~t rate uatil the eeact Cbange Date. The Note Hdder will t~ dstamiss ttis a~at of tba moathly payment that would be sufi'icient to rcpay the unp4id principal t1~at I s~ expe~t~ed to aw~ at tM Chat~e D~te in full on t6a nuturity date at my new interest nte in :ubstaatially eqwl paym~ats. TM nawJt af tii~ aia~4tioa will be tbe neyv aawunt of my mant6ly payment. ~ ( D) ILils ~ fa1~~t 1aN Cti~r - The intaat rats I am raqwred to pay st tLs 6rrt Chsn~e Uate will not be p~eater than ...11.:.125......96 or less than 7:.125........~,. my u~ n~ ~~t b~ incr~sod a decreasod on any single Cbange Date by mon ~ ~ than t~vo peroeata~e poi~s (2.0'~r) fr~o~e tM rats of iater~st I 6ave baa payiaj for the preceding twelve months. My ~ interat nte w~U saMer bs p+eat~ tra~ ..14,;125...e~. ( B) F.~li~ DMe ~ C~s ° My newr iater+ast rate wiU beooe~e e~ertiv~ o~ eacb C~n~e Date. I will pay the amount of my new monthly payment ~ beaieain~ oa tbe 8rst enoat6ly paya~eat dsts afbt tk C~ Date until the smount of my monthly payment changes ~in. . ( F) 1~M~oe C~~ € F ; T~fC NOtC ~;0+~ ~~i~ Or dil~ 1p O~ i OOLlO~ O~ i11 y cbansa in my inttrat nte and the amount of my monthly ~ payn~ent befora t~e al~ecli~e date af sap ciaya. Trs ~otios w+iU indutk infor~tution requirod by law to be Siven me and ~ al~o tba titk aad te~epio~e awaba at a perso~ w~bo rrill as~wer any questioa I may have regarding the noticx. ~ s. ~au~o~v~s wcHr ro nrr~t ~ ~ 1 bave tbe ri~t to mk~e paymaas o~ priac~pal st asy tima befoce they are due. A payment of principal anly is fcnown ss a"pre~~~" Wrea I asalrs a pr~paprat, I Mill tdl tl~e Nete Hdda in writing that I am dain6 so. I may nrir~e a h~U ~epays~ or partiai ~r~pa~b witbont payiaj u~Y prepaym~nt charge. The Nate Holder wiil use all ot my pr~ep~~ta 1o reina tis asw~st o~ priucipal tbat I awe nnder thu Note. If I mske a partial preparm~aAt, tber~e w~8 M eo ci~aps i~ tie ire ittw d mp ~thly payment: unlest tbe Note Holder agreas in writins ~ to tbac cisn~es. My partial pr~pay~rat ~ty nd~a ttis sa~oant of my monthlY payments after the first Chanse Date ~ fdlowie~ my putial preptya~eat. How~swr. aap redraio~ dne to my pxr'tial prepayment may be otTset by an interest ~ rate incrtase. LO~N CHA~G~S ~ If ~~aw, w6ici spOlies to this loaa a~ed wluci ~eu aa~imum loan char~es, is finally interpreted so that t6e interest or ~ ot~a baa c~arMs ooiMct~d ot W bs ooii~~ i~ oo~aweti~o~ ~rit~ this ban e~coaod t6e permittod limits. then: {i) aay suc6 ~ loaa char~e stia!! be ndroed bp tl~ ~a~owat seowary to roduce tbe cbar~e to tbt permitted limit; and ( ii ) any sums ~lr~eadr oolleatad fram me w~ic~ pccsei~l p~itt~d limib wiil be refundad to rae. The Ir'ote Holder may c6oose to malES tbis rctrad by re~~can~ tbe pris~ip~! I o~rs ~nder tlus Note or by mski~ a diroct payment to me. If a refund reduas p~isapal, t~e t~ed~rctiou wiU bs tre:t~d a~ a Pi?rtW Pr'tP~Ye~nt. - 7. ~RO~YEIS FAIIaJlE 7~ rAY AS t~iQtJi~ZD ( A) LM C~ ~ O~i~ l~a~M~ I[ t6e Ncte Hoider hss not raxiv~ed tbe irl! aa~odnt of any monthlY P~Yment by the end of ........t eq.. (1 ~1 cakndar days after tbe date it is d~re. I will paY a late cbar~e to the Note Holder. The amount of the charge will be ~...AQ....% ot my wtrdne paynxnt of pri~cipal aad intaai. 1 will pay this late ctwr6e promptly but oniy once on each ' late payment. c s~ a~r.~.k [f I do not p~y the fuil amount of each monthly payment on the date it is due, 1 will be in default. ~o~K487 Pac~ 949 ~ ~ - x. ~-s - ~ - - - • , r., - - . . . . r : _ _ ,s ~ . ~ ~