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<br />.. <br />.......BANKS <br />.. <br /> <br />88- <br /> <br />Home Equity Line of <br />105755 Credit Rider <br /> <br />(Open end credit with 0 fixed ralexGJ IIsriabfe rare interest) <br /> <br />This Home Equity Una of Credit Rider is dated 10/:9/88 and IS an amendment to the Mongage or Deed of Trust ("Mortgage") <br /> <br />o( the sarna data given by tho undersigned ("Borrower") to secure Borrower's Home Equity Line of Credit Agreement with <br /> <br />140RW[3T B,WI( :lCBr(i,G1;r. IIr.notlt,L ACC9CInnotl ("Lender") <br />of the same datB covering the property described in the Mortgage and located at: <br /> <br />~JA.;lljj;RW80B BR OR_liB IOL-1Im tiC wen <br /> <br />In addition to the covenants and agreements made in the Mortgage, Borrower and Lender further covenant and agree as follows: <br /> <br />1. The word "Note~, as used in the Mortgage and this Rider, rofers to the Home Equity Line of Credit Agreement. <br /> <br />2. The Nota evidences an open end revolving line of credit agreement between Borrower and Lender. The amount stated in the Mortgage as <br />the principal sum 01 the indebtedness is the credit limil for the line of credit. All advances made at any time by Lender in accordance with <br />the terms of the Note. and all interest on the advances, shall be secured by the Mortgage. However. at no lime shall the principal amount ot <br />the indebtedness secured by thEt Mortgage, not including sums advanced in accordance with the mortgage 10 protect the security 01 the <br />Mortgage. exceed the stated credit limit for the fine of credit. <br /> <br />3. The Note provides for: <br />o a fiKed rate of interest expressed as 8 daily periodic rata 01 _ % rale. This corresponds 10 an annual percentage rate of - %. <br />it a variable rale 01 interesl expressed as a daily panodic rale equal to 1/365 of an annual rate of ~ over the "Index Rate." The <br />daily penodlc rale may increase if TIle ')'1 [lAY TREACUF:Y <br /> <br />BILL r<ATE (C3T _BUGIIEII (LAST .\tiCTl atl :,'.U::.C[ ON A PJ"[Q"IIT ~A"I? "QI\'Jn(n Tn T1'E NF.'RFOT 1 M) )' <br /> <br />(the "Index Rale") increases.lhe mltlal dally periodic rate IS.~~. This corresponds to an annual percentage fare or ---S-..4QlJ/ll. <br />The annual percentage rate wllf never be mora Ihan ~Io. The daily periodic rate will b9 adjusted 0" the last business day of evsl}' <br />month, using the {ndeK Rate In offect that day. An Increase 10 the dally periodic rate may increase the monthly paym9nt due. <br /> <br />- r ~.~~ 'W.O...O A....r-.. <br />Botlow...l.",n.,,,,,, <br /> <br />~o\ \ <br />BotrO_'1 a.ogn.rw. <br /> <br />C1~ <br /> <br />** IF I CEASE TO BE At! EMPLOYEE OF YOU OR YOUR AFF IUATES, YOU WJ LL I NCREASE THIS NUMBER <br />TO 3.10. <br /> <br />* or, IF I CEASE TO BE AN EMPLOYEE OF YOU 01;: YOUR ~F1'III~T[S. <br /> <br />NlS !lIIlNW.XJ5I" ,10 /:11:1 USro' Wlln 1111 fI'I'{'I;1'g~!1fI" <br />