Primary Residence. You must occupy the home/residence pledged as collateral for this Home Equity loan and, if the residence securing this Home Equity loan ceases to be owner-occupied for more than 30 consecutive calendar days during the term of this Plan, we may, at the Credit Union’s sole discretion, increase the Margin added to the Interest Rate Index, by one percentage point (1.00%).
Appears in 3 contracts
Sources: Open End Home Equity Revolving Credit Agreement, Open End Home Equity Revolving Credit Agreement, Open End Home Equity Revolving Credit Agreement