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•"::i Home Equity Access <br /> NORWE57 BANKS �l���� �_ ' <br /> .■■.. 1 �ZK l !3 ,��r� Line Rider <br /> ■■.■■ _ --._ _ _- - _ _ <br /> 0 en end credit with �V 1U3891 <br /> ( p ❑ fixed rate ❑X variable rate interest) <br /> This Home Equity Access Line Rider is dated ;�;:�sL���� and is an amendment to the <br /> Mortgage or Deed of Trust("Mortgage") of the same date given by the undersigned("Borrower") to secure Borrower's Home <br /> EquityAccessLineAgreementwith ��n�<<,�e-�r ��r;,�:� �,�����+�, �:,� ��������� �r�4y����-���-�-���,� <br /> ("Lender") <br /> of the same date covering the property described in the Mortgage and located at: <br /> ��� r���n��r�� r;s� ��a�€b�—����"�i�l��� �8�i r� <br /> Property a ress <br /> ln addition to the covenants and agreements made in the Mortgage, Borrower and Lender further covenant and agree as follows: <br /> 1. The word "Note,"as used in the Mortgage and this Rider, refers to the Home Equity Access Line Agreement. <br /> 2. The Note evidences an open end revolving line of credit agreement between Borrower and Lender. The amount stated in the <br /> Mortgage as the principal sum of the indebtedness is the credit limit for the line of credit. All advances made at any time by <br /> Lender in accordance with the terms of the Note, and all interest on the advances, shall be secured by the Mortgage. <br /> However, at no time shall the principal amount of the indebtedness secured by the Mortgage, not including sums advanced in <br /> accordance with the mortgage to protect the security of the Mortgage, exceed the stated credit limit for the line of credit. <br /> 3. The Note provides for: <br /> ❑ a fixed rate of interest expressed as a daily periodic rate of %. This corresponds to an annual percentage <br /> rate of %. <br /> ❑x a variable rate of interest expressed as a daily periodic rate equal to 1/365 of an annual rate of %plus <br /> the(Index Rate.) _ - - <br /> The daily periodic rate may increase if �s�-,����.�,��{.T�. <br /> – ��E�n� z cucn �n� �-u�-��(1����T-FS��cr—��3F��'dfl�--`�'��r(1T�TLTT!'I�{L i" <br /> �'�' <br /> (the "Index Rate")increases. The initial daily periodic rate is , .,�_ %. This corresponds to an annual <br /> percentage rate of � �„ %. The annual ercenta e rate will n ver e more than ��%. The daily periodic <br /> rate will be adjusted onthe�last business day of every month, usin�ex Rate in effect t�a�day. An increase in the <br /> daily periodic rate may increase the monthly payment due. <br /> NOTICE: THIS MORTGAGE SECURES CREDIT IN THE AMOUNT OF$ t�"? c'�►`�i� . LOANS AND ADVANCES UP TO <br /> THIS AMOUNT, TOGETHER WITH INTEREST, ARE SENIOR TO INDEBTEDNESS TO OTHER CREDITORS UNDER <br /> SUBSEQUENTLY RECORL2ED OR FILED MORTGAGES AND LIENS. <br /> ���r <br /> �.�..� <br /> 6orrowers signature j Borrowers signature <br /> �' i� � C�c?5$ t'��' {'1c? �i� emp3c��ee C��' V�.ei� [�t— `}`Qt..i- �ffili.�ta,y �'�„�I� (.+11�.�. 1.IlCl"�i-15P_ <br /> 'thls i��tmb�l- t�� ;, ,;.3cj , <br /> ** �fr if T ceas� tc� h� an emplc�yee c�f y��,. ar yc,��,- ��rfiliates. <br /> NC 12128 MTG(5-90.1 7 5 722-Q Pll <br />