Freddie Mac Single-Family Seller/Servicer Guide 4101.2 — Home Mortgage Uniform Instruments

This section contains requirements related to: ■ Use of Uniform Instruments ■ Additional Mortgage documentation ■ Mortgage instruments for ARMs

(a) Use of Uniform Instruments The Security Instrument and Note must be executed on the Uniform Instruments (1-4 Family) for the jurisdiction where the Mortgaged Premises is located. The Uniform Instruments used for a Mortgage must be the versions current as of the Mortgage Note Date. See Exhibit 4A, Single-Family Uniform Instruments, for the current dates of revisions of all Uniform Instruments. For any Mortgage secured by one of the following types of property, Freddie Mac requires both: ■ The single-family Fannie Mae/Freddie Mac Uniform Security Instrument for the jurisdiction where the Mortgaged Premises is located, and ■ One of the following types of riders, as applicable: Required riders by property type Property Type Form Condominium Unit Condominium Rider Form 3140 Planned Unit Development (PUD) unit Planned Unit Development Rider Form 3150 1- to 4-unit Investment Property 1- to 4-Family Rider Form 3170 2- to 4-unit Primary Residence 1- to 4-Family Rider Form 3170 Required riders by property type Property Type Form Second home Second Home Rider Form 3890

(b) Additional Mortgage documentation In addition to the Uniform Instruments required by this Section 4101.2, certain Mortgage products have additional loan documentation requirements stated elsewhere in the Guide as follows: Additional loan documentation requirements by product Guide provision Guide location Texas Equity Section 50(a)(6) Mortgages Section 4301.7 Seller-Owned Converted Mortgages Section 4402.3 Mortgages secured by Manufactured Homes Sections 5703.4(c) and 5703.4(d) Construction to Permanent Mortgages and Renovation Mortgages Government Funded, Guaranteed or Insured Mortgages Community Land Trust Mortgages

(c) Mortgage instruments for ARMs When closing ARMs, the Uniform Instruments used must be based on the applicable ARM product. Below are the required instruments and instructions for completing them. (i) Required ARM Uniform Instruments ARMs must be closed using the Uniform Instruments for the applicable ARM product, consisting of: ■ ARM Note and ARM rider – The Seller must use the most current version of the ARM Note and ARM rider. The most current version of the Uniform Instruments is the version in effect as of the Note Date of the Mortgage. See Exhibit 4A for the current dates of revisions of all Uniform Instruments. See Exhibit 5A, Authorized Changes to Notes, Riders, Security Instruments and the Uniform Residential Loan Application, for authorized changes to the Uniform Instruments. The ARM Note and ARM rider must be completed in accordance with the terms of the applicable ARM product. See Section 4101.2(c)(iii) for instructions for completion of Section 4(D) of an ARM Note. ■ Fannie Mae/Freddie Mac Security Instrument – The Seller must use the most current version of the State-specific Fannie Mae/Freddie Mac Single Family Security Instrument prepared for use in the jurisdiction in which the Mortgaged Premises is located and the most current version of any applicable property type riders. For certain ARM products, State-specific versions of the ARM Note have been prepared for Alaska, Florida, New Hampshire, Puerto Rico, Vermont, Virginia, West Virginia and Wisconsin. If a State-specific version of an ARM Note has been prepared, it must be used for ARMs secured by Mortgaged Premises located in that State. The multistate version of the ARM Note, with the required changes stated in Exhibit 5A, must be used in all other States. Freddie Mac makes available Uniform Instruments for use with ARM products with various features. The Uniform Instruments have the following features embedded in the form itself (hardcoded): ■ Index ■ Lookback Period ■ Assumability The Uniform Instruments have blanks to be completed by the Seller for the following features (soft-coded): ■ Maturity Date (determines the term) ■ First Interest Change Date (determined by the Initial Period) ■ Maximum interest rate at the first Interest Change Date (determined by the Initial Cap) ■ Maximum increase or decrease in the interest rate at each adjustment after the first Interest Change Date (Periodic Cap); the Periodic Cap is hard-coded 1% for 30-day Average SOFR Index (SOFR)-indexed Assumable Life of Loan and Assumable after Initial Period with 45-day Lookback Period ■ Maximum interest rate for the life of the loan (Lifetime Ceiling, determined by the Life Cap) ■ Minimum interest rate for the life of the loan (Lifetime Floor, which must equal the Margin stated in the Note) In determining which Uniform Instrument to use with each ARM product, the Seller must select the form with the applicable hard-coded information and complete the softcoded information as appropriate. Because many of the features of an ARM product are soft-coded, the same Uniform Instrument may be used for different ARM products. The 6-Month SOFR-indexed ARM Note and rider may be used with a 3/6-Month, 5/6Month, 7/6-Month, and 10/6-Month SOFR-indexed ARM with the same Lookback Period and assumability period. The Uniform Instruments may be used for ARM products that do not meet the eligibility requirements for sale to Freddie Mac. Freddie Mac encourages the Seller to use Uniform Instruments, if available, for originating ARM loans even if the ARM product is not eligible for sale. The following table describe the Uniform Instruments available for different hard-coded features for ARM products: Uniform Instruments for 6-Month SOFR-indexed ARM products by assumability period Assumability period Rider Note Assumable for life of loan 3141* 3441* Assumable after Initial Period 3142* 3442* Lookback = 45 Days Preceding the Interest Change Date *Hard-coded with a 1% Periodic Cap All ARM Uniform Instruments are available on Freddie Mac’s website at https://sf.freddiemac.com/tools-learning/uniform-instruments/overview. (ii) Use of Fannie Mae ARM instruments The Seller may use Fannie Mae’s ARM instruments only in accordance with the provisions of this subparagraph. The Seller must consult its own legal counsel when using a Fannie Mae instrument for a particular Freddie Mac ARM product. The Seller originating ARMs on Fannie Mae instruments represents and warrants that the Fannie Mae instrument, when completed, is appropriate for the applicable Freddie Mac ARM product and can be serviced in accordance with the Guide. (iii) Instructions for completing Section 4(D) of an ARM Note The Seller must complete Section 4(D), Limits on Interest Rate Changes, of an ARM Note as follows: 1. Insert in the first blank of the first sentence, referring to the Initial Cap (the maximum interest rate on the first Interest Change Date), the interest rate that is equal to the sum of the initial Note Rate for the Mortgage, plus the applicable Initial Cap for that ARM program 2. Insert in the second blank of the first sentence, referring to the minimum interest rate on the first Interest Change Date, the interest rate that is equal to the initial Note Rate for the Mortgage, minus the applicable Initial Cap. If this difference is less than the Margin stated in the Note, insert the value of the Margin. 3. Insert in the first blank in the last sentence, referring to the Lifetime Ceiling (the maximum interest rate during the life of the Mortgage), the initial Note Rate plus the applicable Life Cap for that ARM product 4. In the second blank in the last sentence, referring to the Lifetime Floor (the minimum interest rate during the life of the Mortgage), insert the Margin stated in the Note