Adjustment of Payments. The Preliminary Payments were calculated based on a spread over the Preliminary T-Note Average. Should the Final T-Note Average differ from the Preliminary T-Note Average, then the Preliminary Payments shall be revised. For each increase of one (1) basis point (i.e., 1/100 of 1%) in the Final T-Note Average above or below the Preliminary T-Note Average, the Preliminary Payments shall be revised as follows (complete below as applicable): The Advance Payment, due upon execution of the Schedule, shall remain unchanged. Each of the monthly payments initially scheduled in the amount of $29,539.69 shall increase by $5.39.
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Adjustment of Payments. The Preliminary Payments were calculated based on a spread over the Preliminary T-Note Average. Should the Final T-Note Average differ from the Preliminary T-Note Average, then the Preliminary Payments shall be revised. For each increase of one (1) basis point (i.e., 1/100 of 1%) in the Final T-Note Average above or below the Preliminary T-Note Average, the Preliminary Payments shall be revised as follows (complete below as applicable): The Advance Payment, due upon execution of the Schedule, shall remain unchanged. Each of the monthly payments initially scheduled in the amount of $29,539.69 13,962.63 shall increase by $5.392.55.
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