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<br /> ADJUSTABLE RATE R1DER - -
<br /> THIS ADJUSTABLE RATE WDER Is mada thla 2iat dey ot Auguat , 1997 ,end la Incorporated into
<br /> tl�ia���te�bY undetaip�d tl�e'tB �nwMer)t sec�x��Barow ra Ac��e�R�te Ntot�e(�e��tnstnur�enr)ot - _
<br /> CONi��RCIAL CRSDIT CORPORATION —
<br /> . � (the'Lender')oi the aame dete end co+rerinp the praperty described In the Secu�iry Inshwnent locatsd at
<br /> .� 231Z W CHARLBS dRl1PTD I37�AND, NS 68803 ,
<br /> (P�ovRh Addiwl
<br /> THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE INTEREST RATE ANO THE MONTHLY
<br /> � PAYM�NT.THE NOTE LIMITS THE MAXIMUM RATE THE BORROWER MUST PAY. • '=;,
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<br />- . � Addda�el Covenenta.In addUOn to che covenanta ixiu���'�nis�r�E��Lw�.^r,�l.;I^�:t,9�r�!!"!�!�!wx�'r -
<br />- fu�ther oova�ent end epree ss tdlows: �-"'
<br />;,. :::. '`• ,;; IN7ERE3T RATE AND MONTHLY PAYMENT CHANGES:The Note provides ta an I�id Interest rate aet iath in tha Note. —
<br />- �' ', The Note ptnvidea tor eherpea in the intereat rate and the monthly peyrriente,ae idlowr =-
<br /> 3:,, ,.�� The intereat rate 8ocrower wlll pay n►eY chenpe on the 3 mdnth anNverasry oi tM Date of Note and every 3 ma►Ihs _
<br />�;,�,.t�,.,,'. y�re�ter,Each dete on which Bortowoi'a Interest rate could chenge la called e'Chenqe Date.' —
<br /> ,• � - Hepinninp with ths fl�st Chsnpe Date and every 3 months 1here�cftet.Bort'owa'a intereet rete w{II be cha�ped to the Inde�t =
<br /> `:''��.° . . Rate plus a margin ae set torth in the Note.The'Index Rete'ia tha hlphest prime rate p�liahed in the Money Retes cdunx� �
<br />.�� � ot Ths WeU Street Joumdl on fhe cale�dar daY ImmediateN Pt�cedlr�y the Chanpe Date,or�if the index wao not piblished on =
<br />_+;'=:�;..;''``. tl�at dsY�thet rate on the next prace�rW duY on wh�h it waa pibllaFied. --
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<br />'�'"```'�,` � AI.TERNATE INDD(:If the Index Rete la no lonper evailable,Lender will chooae a new Index Rate wNch It bellevee wiM moat _
<br /> ��'�'� '�� do�ely apptoxlmate the totrt�er Index Rate. �F�
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<br />-- � UMITS ON RATE CHANGES:The maximum end►nfni►num Uterest ratee durirp the INe ot thia loen aro aet torth In ths Nota.
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<br /> �"�, .� MONTHLY PAYMENTS: Prindpd end Interest atbil be payable In conaacutMe rtw�tlry�naW�ments• �f the rate of�nt°�°� r
<br /> �'`���.'Y . ta will not change.The amount of the monWy Payn�ents will c�anqe to tl�e rtanthly
<br /> -• elu�nges,tl1e rnxnber of monthly peYm� �•c:.
<br />-:=^'�.":�'`"� artbunt neecied to ropey the rernalninp u�peld Pdnck� batance plus Intereat as d�acgsd in the rsrneiNnp rxx�er ot
<br /> —��--�-- paymenta,aseur�lrq that all paymenta due atter the calcula6on are made ere pald as echeduled.The first chanpe,�f a�ri►� i� �,�-'`�_�
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<br /> � t amax�t will beoon�e etfecdve on the 3 month enN►�eraaiY dete o(the fitst peyrt�ent due date. �;.•_:
<br />_=��"'�t.•`, the montl�ly P�YR�en t ertiotx�t rttey ocau on the peylner►t due dete ewBry 3 matths thefaefter. '".`--
<br /> ;:,�'.;� :. S�beequent ct�er�yee In the monWY PaY�� :
<br /> �4 . Each new peYment ana�nt wlfl remain In etfect untll the eifecUve dete ot the nextPe�rt�t ch�npe• ���
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<br />- --�n� , DEFAULT:If Bortnwer tdls t0 pay any payrtients when due.Lender rr►aY exe�dae eny rentiedYes permltted bY fhe SecurilY t�.:-
<br /> -... Inalnxnent In tlte case ot default .�.--
<br /> _ By Slflnlnp Below� accepts and a9rees to the tams end covenants contelned In thls A�ustable Rate Rlder. .,_
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<br /> S0°� .eorro�wer
<br /> , •BOROWH
<br /> . t�w�a e»� Oriqiaal(R�cord�d) Copy(Srsach) Copy(Custo:�r) �
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