READVANCES ON CREDIT LINE

This mortgage will secure not only the original indebtedness but also any indebtedness created by future advances made under the Note and this Mortgage in the event that any amounts secured by the Mortgage are repaid and then re-advanced to the Mortgagor either in whole or in part. The total amount of any indebtedness secured by this Mortgage may increase or decrease from time to time, but the amount so secured at any one time shall not exceed the maximum amount specified in this Mortgage, plus interest thereon at the rate provided in the Note and plus upon a default hereunder, any disbursements made to protect the security of this Mortgage with interest on such disbursements at the rate provided in the Note. This Mortgage shall constitute a Credit Line within the meaning of Section 281 of the Real Property Law of the State of New York in that the parties hereto reasonably contemplate entering into a series of advances and readvances under the Note over a period which shall expire on or before _____________ , 19___ (date is to be no later than twenty years from the date of execution).