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<br /> � (D�aon end credit wlth ❑ f,xed►ate [� varlable ra:e I:�tBrest) _
<br /> ;: andls an amendment to the =_--
<br /> • Th1s Home Equlty Access Lrne A1der IS dated _ -
<br /> Mortga,ge or Aeed o1 Trust("Mortgage")of the same date glven by the understgned("Bo�rower')fo socure Borrower's Home _
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<br /> �qulry Access tine Agreement with ��.�_,�����-�, `�'�""'?'
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<br /> � („Lender") ---- —
<br /> o/the same date covering the piope�ty dascrlbed!n the Mortgage and/ocated at: . :------
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<br /> ; � ,--- __:--
<br /> '� In addltlon to the covenants end a�reements made In the Mortgege, Borrower snd Lender further covenani and ag�ee as follows:
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<br /> ' 1. The word"Note,"as used!n the Mongage and thls Rlder, refers to the Home Equity Access Une Agreement. _
<br /> 2. The Note evldences an open end revoiving?Ina vi c�e�ii agrsemerf ba:�•r;,�fl Bot:o::'8t etld Lsn�?r.T.hA flmount siated!n the i:_
<br />= '� Mortgage as the princlpa/sum of the indebtedness Is the credit Ilmit lor the Ilne of credit.All advences made ef any tlme by ►;
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<br /> ' Lender ln accordence wfth the te�ms o/the Note, end all Interest on the sdvances, shall be secured by the Mongage. �_
<br /> " However, at no dme shaf!ihe princlpai amount of the fndebtedness secured by fhe Mortgage, not incfuding sums advanced!n `
<br /> � accordance with the mortgage fo protect the secudry of the Mongage, exceed ihe siated credlt Ilmlt fpr the Ilne of credit. _
<br />= .: � � 3. The Nofe provldes tor. `- —
<br /> ❑ a/Ixed rate ot tnterest expressed es a dal/y perlodlc rate of %. This canesponds to an ennual percentage .,
<br /> ' ' '' ' rate o/ °�•
<br />_�� �, [� a varlebte rate of interest expressed as a dally perlodic rete equal to i/3B5 0►en annual rate of��%plus
<br /> --`.:., -' the(Index Rate.)
<br />:�:�i.}`'� The da!►y perlodlc rete maylncrease if =
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<br />_: �t'r (the "lndex Rate")lncreases. The!n!tlel dally perlodlc rate Is �/o. Thls conesponds to an ennua! =-
<br />- ��•�� � percentage rate ol %. The annual percentage rate w1l1 n more than �/o. The datly perlodlc _
<br />-�; •�.:;_' rate wpl be adfusted o�i�asP buslness day of every month, usirrg the fndex Rate!n e/fec�y. An lncreese!n the __
<br /> -'� '• dalty perlodlc rete maylncrease the monthly payment due. �=__
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<br />���-� � • �� NOflCE:THIS MORT(iACE SECURES CREDIT IN THE AMOUNT OF S . LOANS AND ADVANCES UP TO _
<br />,,�,,.��*? THIS AMOUNT, TQ(iETHER W1TH INtERES7,ARE SENIOR TO INOEBTEDNESS b R CREDITORS UNDFR �
<br /> SUBSEQUENTLY RECORDED OR FILED MORTGAGES AND LIENS.
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