Common use of Nonconvertible Clause in Contracts

Nonconvertible. 3/1 and 5/1 Treasury ARMs that are Assumable Life of Loan Note: 5/1, 7/1 and 10/1 Treasury ARMs that are Assumable after Initial Period Note:

Nonconvertible. 3/1 and 5/1 Treasury ARMs that are Assumable Life of Loan Note: Rider: 5/1, 7/1 and 10/1 Treasury ARMs that are Assumable after Initial Period Note: