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'-° 002,349 <br />g: RIDER TO CCEF COMMERCIAL VARIABLE INTEREST RATE <br />MORTGAGE OR DEED OF TRUST <br />ORIGINAL <br />That certain mortgage or deed of trust, executed April 29, 1985, between THIRD CITY <br />CHRISTIAN CHURCH, ( "mortgagor" or "grantor"), and THE CHRISTIAN CHURCH <br />EXTENSION FOUNDATION, ( "mortgaged+ or " beneficiary"), to the extent inconsistent <br />with or in addition to the terms, conditions, and provisions of said attached mortgage or <br />deed of trust, is hereby modified and amended by the terms, conditions, and provisions of <br />this rider to mortgage or deed of trust. <br />A. The same words contained in the note are made a part hereof and are set forth as <br />follows. where the term "borrower" appears herein it shall refer to and mean mortgage <br />or grantor. where Foundation and "note holder" a r <br />mean "beneficiary" or "mortgagee ". appear herein they shall refer to and <br />NOTICE TO THE BORROWER: THIS DOCUMENT CONTAINS PROVISIONS <br />FOR A COMMERCIAL VARIABLE INTEREST RATE AND <br />REGULAR PAYMENT ADJUSTMENTS <br />• s s s s* s s s <br />CCEF COMMERCIAL VARIABLE INTEREST RATE <br />PROMISSORY NOTE <br />Dkwies 1985 -11 <br />(CVIR Conrtruetion Loan and Permanent Loan Terms) <br />THIRD CITY CHRISTIAN CHURCH <br />April 29, 1985 <br />$ 115,000.00 Grand Island, Nebraska <br />Scheduled Final Maturity: First Scheduled Payment Adjustment Date: <br />December 31, 2000 January 1, 1988 <br />1• BORROWER'S PROMISE TO PAY. <br />FOR VALUE RECEIVED, the undersigned ( "borrower+'- -which term is more specifically <br />referred to in section 7 below) promises to pay THE CHRISTIAN CHURCH EXTENSION <br />FOUNDA77DN ( "Foundation"), or order, in lawful money of the United States of America <br />the principal sum of ONE HUNDRED FIFTEEN THOUSAND AND NO /lce DOLLARS <br />($115,01&OS), with interest on the unpaid principal glance from the date of this note <br />until paid at the "idtial interest rate)' (as defined in subsection 2.1 below), subject to the <br />construction loan terms contained in section 2 below, the permanent loan terms <br />contained in section 3 below, and the "CCEF Commercial Variable Interest Rate [Series <br />IO-11" described in geetion 4 below. <br />Payments shall be delivered to Post Office Box 274 67, Denver, Colorado 80227, or such <br />other place as the Foundation, hank, or other person to whom this note is transferred and <br />who is entitled to receive payments under this note ( "note holder") may designate. <br />eommereial loan Is not made for consumer, personal, or household it is a business or <br />man. <br />