Form 3108 - Adjustable Rate Rider (1 Year Treasury Index -- Rate Caps) (Page 2 of 2) in pdf

monthly payment beginning on the first monthly payment date after the Change Date until the amount of my

monthly payment changes again.

(F) Notice of Changes

The Note Holder will deliver or mail to me a notice of any changes in my interest rate and the amount

of my monthly payment before the effective date of any change. The notice will include information required

by law to be given to me and also the title and telephone number of a person who will answer any question I

may have regarding the notice.

B. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER

Section 18 of the Security Instrument is amended to read as follows:

Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, “Interest in

the Property” means any legal or beneficial interest in the Property, including, but not limited to, those beneficial

interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the

intent of which is the transfer of title by Borrower at a future date to a purchaser.

If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a

natural person and a beneficial interest in Borrower is sold or transferred) without Lender’s prior written consent,

Lender may require immediate payment in full of all sums secured by this Security Instrument. However, this

option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. Lender also shall not

exercise this option if: (a) Borrower causes to be submitted to Lender information required by Lender to evaluate

the intended transferee as if a new loan were being made to the transferee; and (b) Lender reasonably determines

that Lender’s security will not be impaired by the loan assumption and that the risk of a breach of any covenant

or agreement in this Security Instrument is acceptable to Lender.

To the extent permitted by Applicable Law, Lender may charge a reasonable fee as a condition to Lender’s

consent to the loan assumption. Lender may also require the transferee to sign an assumption agreement that is

acceptable to Lender and that obligates the transferee to keep all the promises and agreements made in the Note

and in this Security Instrument. Borrower will continue to be obligated under the Note and this Security

Instrument unless Lender releases Borrower in writing.

If Lender exercises the option to require immediate payment in full, Lender shall give Borrower notice of

acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in

accordance with Section 15 within which Borrower must pay all sums secured by this Security Instrument. If

Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies

permitted by this Security Instrument without further notice or demand on Borrower.

BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Adjustable Rate Rider.

_________________________________________(Seal)

-Borrower

_________________________________________(Seal)

-Borrower

MULTISTATE ADJUSTABLE RATE RIDER--ARM 5-1--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT

Form 3108 1/01 (rev. 6/16) (Page 2 of 2)

Form 3108 - Adjustable Rate Rider (1 Year Treasury Index -- Rate Caps) Page 2