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H. RENEGOTIABLE INTERE3T RATE. For purposea o! this
mortqaqe instrument a~nd the NOTB secured thereby, the term
"Reneqotiable" in tbe titls "Reneqotiab2e Rats i~ortqaqe"
means that the interest rate is subject to adjustment
' pursuant to the federal requlations (Sect;on 545.6-4a, Title
12, Code of Federal Requlationa). The Lender is not required
to barqain with th~ Borrower(s) as to the interest rate for
any Renewal Loan Term.
I. BALLOON PAYMENT. Should borrower exercise his
option to repay the outstandinq balance due under this
mortqaqe in full rather than renew his loan for an additional
Renewal Loan Term, then and in such event, the final payment
due shall be a balloon payment which shall equal the sum of
the last monthly payment due and the outstandinq principal
balance and accrued interest due immediately after receipt
of such payment.
IN WITNESS W$EREOF, BORROWER HAS EXECII'I'ED '!'HIS RE~iEGOTIABLE
RATE RIDER. ~
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ALVA D. HCNEHAId, J .
(SEAL)
PATR I C i A R. F~Ek HAN
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