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2000052'75 <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in <br />this Adjustable Rate Rider. <br />BORROWER: <br />IRET PROPERTIES, A NORTH DAKOTA LIMITED PARTNERSHIP <br />X � X <br />icer of IRET, ., The Sole General Partner Officer of IRET, Inc., T Sole General Partner <br />of IRET Properties, A North Dakota Limited of IRET Properties, North Dakota Limited <br />Partnership Partnership <br />STATE OF NORTH DAKOTA ) <br />) SS. <br />COUNTY OF WARD 1 <br />On t is day of June 2000, befo a me, the undersigned Notary Public, personally appeared <br />and known to mea be partner(s) or designated <br />age s) of the partnership that executed the Adi stable Rate Rider and acknowledged the Adjustable <br />Rate Rider to be the free and voluntary act and deed of the partnership, by authority of statute or its <br />Partnership Agreement, for the uses and purposes therein mentioned, and on oath stated that they are <br />authorized to executed this Adjustable Rate Rider and in fact executed the Adjustable Rate Rider on <br />behalf of the partnership. <br />Notary Public, in an&Vfor the State of <br />North Dakota <br />Residing at <br />My Commission expires: - <br />Documents prepared by: ' <br />DIANE BRYANT1 <br />Pringle & Herigstad, P.C. Notary Public, Ward County, N. Dais <br />Attn David J. Hogue My commission Expires 3 -21 -2001 .. <br />20 SW 1" Street <br />P.O. Box 1000 <br />Minot, ND 58702 -1000 <br />2 <br />