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H. RE~t~'tIABLE I~i?ERES? R~?E. For purposes of this
mortqaqa instrv~eat a~d th~ ~Oi'E sacursd ther~bp. th~ teza
"R~ensqotiabl~• ia tha titl~ '~aneqotiable Rate 1l4rtqaqe•
msaas t.hat thi intersst rate is snbisct to adjnstaent
purauant to th~ taderal rsqulations tS~ction 54S.6-4a, ~Title
12, Coda ot Fedsral Requlatious)• T!~ Ireader is not required
to barqain ~rith th~ Hors~orrer ts) as t~o th~ iaterest rate tor
any Rensval Loaa Ters.
I. Si~-LIAOIt P~IYl~EN'P. Shonld borrwer e~cercise his
optioa to repay the ontstaadinq balaace due wnder this
mortqaqe ia tnll rather than reae+r his loan for an additfonal
Reneval Loan Term, than and fn such event, the final payment
due shall be a balloon payo~eat vhich shall equal the s~ of
the last monthly paymeat due and the ontstandinq grincipal
balaace a~d accrued interest due i~^~ediately after receipt
of such payment. ~
IN WITNESS ~18ERSOF, BORI~OiWER HAS EESCO'!'ED 38ZS ~IABLE
RATE RIDER.
, (S~AL)
Jn M. RI C
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!r ~~~~~' ~ ~ ~ (SEAL)
IRENE A. RlCE
19~ !r?i 29 I~c ~l= ~S
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t: ~1~~£ ~t~'r.itf~
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