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Home EquityLine of <br />s Credit Rider <br />87. 102262 <br />(open and credit with ® fixed rate)Q variable rate interest) <br />This Home Equity . <br />Line of Credit Rider -is dated 4W+, 0 1'" -- and is an amendment to the Mortgage or Dead of Trust ("Mortgage") <br />y the undersigned ( "Borrower ") to secure Borrower's Home Equity Lute of Credit Agreement with ender") <br />of the same date given b <br />of the some date covering the property described in the Mortgage and located at: <br />age, Borrower and Lender further covenant and agree as follows: <br />In addition to the covenants and agreements made in the Mortg <br />1. The word "Note ". as used in the Mortgage and this Rider, refers to the Home Equity Line of Credit Agreement. <br />p. The Note evidences an open end revolving line of credit agreement between Borrower and Lender. The amount stated in the Mortgage as <br />the principal sum of the indebtedness is the credit limit for the line u credit. by thejMortgage. However,, at no time shall he principal amount of <br />the terms of the Note, and all interest on the advances, shall be secured by <br />ortgage to protect the security of the <br />the indebtedness secured by the Mortgage, not including sums advanced in accordance with the m <br />Mortgage, exceed the stated 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 .- - %'c rate. This corresponds f an annual a o percentage <br />the ndex Rate." The <br />Q a variable rate of interest expressed as a daily periodic rate equal to V365 of an annual rate of <br />rr. <br />daily periodic rate may increase if rate of <br />fthe "Index Rate ") increases. The initial daily periodic rate is iaa�.; 3 This f odic rare wslt to an annual be adjusted on the lastbusi business d very <br />The annual percentage rate will never be more than -t daily Pe <br />month, using the Index Rate in effect that day. An increase in the daily periodic rate may increase the monthly payment due. <br />rnKae 3 <br />ror5 @zg rz �. �! e �u na used warn rno murtgager <br />a <br />i <br />mac..- �i+ --c-✓ � G .t,/ ® e <br />6arowre'a sgnmwa <br />In <br />IN <br />NJ <br />