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::::: Home Equity Access <br /> NORWE57`6ANKS <br /> ;�!;; Line Rider <br /> en W0595 <br /> Ms o o��i��� 98- ������ <br /> (Open end credit with ❑ fixed rate [� variable rate interest) ��gG,,�J/f,�j/C,�Uc/ .-,�/ � <br /> �- i �r <br /> This Home Equity Access Line Rider is dated C�4114198 and is an amendmenf to the <br /> Mortgage or Deed of Trust("Mortgage") of the same date given by the undersigned("Borrower") to secure Borrower's Home <br /> Equiry Access Line Agreement with �IDRWtST E�ANk: NEE��,ySt;:A . NAT I Ohdr�L HS10C I€�T I ON <br /> ("Lender") <br /> of the same date covering the property described in the Mortgage and located at: <br /> 3��27 W CAF•I TwL A'J N34 GFAhJD I SLAhdD NE <br /> Properry address <br /> In addition to the covenants and agreements made in fhe 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 evldences an open end revolving line of credit agreement between Borrower and Lender. The amount siated in the <br /> Mortgage as ihe principal sum of ihe 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 a!1 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 fo protect the security of the Mortgage, exceed the sfated 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 /> [� a variable rate of interest expressed as a daily periodic rate equal to 1/365 of an annual rate of i ,i�i, %plus <br /> ihe (Index Rate.) <br /> The daily periodic rate may increase if THE HIGHEST F•F�IME RATE <br /> F'UB�i 1�iED I�1 TFiE W�LL S i F,EET 3 RtaA� 'Ni�t�f *` Ftf�T �' T� � � <br /> (the "Index Rate") increases. The initial daily periodic rate is ac���6i��; %. This corresponds to an annual <br /> percentage rate of 9,5i! %. The annual percentage rafe will never be more than fi_;'�;� %. The daily periodic <br /> rate will be adjusted on the last business day of every month, using the Index Rate in effect that day. An increase in the <br /> daily periodic rafe may increase the monthly payment due. <br /> NOTICE: THIS MORTGAGE SECURES CREDIT IN THE AMOUNT OF$ 15���{"' . LOANS AND ADVANCES UP TO <br /> THIS AMOUNT, TOGETHER WITH INTEREST, ARE SENIOR TO INDEBTEDNESS TO OTHER CREDITORS UNDER <br /> SUBSEQUENTLY RECORDED OR FILED MORTGAGES AND LIENS. <br /> X ��c h��.C� �ti- '�,� <br /> Borrow signature / Borrowers s�gnature <br /> � <br /> l <br /> NC 72728 MTG(5-90.115722-Q Pll <br />