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8. RENEGOTSABI.E IrtTEREST RATE. For purposes of this
mortqaqs instrvment and the YO^'E secused thereby, tha ter.a
"RensqOtiabls" ia the title "RsAeqOtiable Rats MrortqaqA"
mean~ that ths interast rate is subject to adjustment
pur~uant to the ~ederal requlations (Section 545.6-4a, Title
12, Code of Federal Requlations). The Lsnder is not raquired
tc bargaia with the Borrower(s) as to the interest rate for
any Renewal Loaa Tesm. ~
r. BALI,OON PAYMENT. Should borrower exercisa his
optioa to repay the outstandinq balance due uader this ~
mortqaqe in fu~l rather than renew his loan ~or an additional
Renewal Loan Term, thea and in such event, tha final payment
due shall be a balloon payment which shall equal tlte sum of
the last monthly.payment due and the outstandinq principal
balaace and accrued interest due immediately after receipt
of such payment.
IN WITNESS WHEREOF, HORROWER HAS EXECII~'ED '!'HIS RE:IEGOTI.aBLE
RA~E RIDER.
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