PER CURIAM.
The relevant facts in this case are concisely stated in our colleague's dissenting opinion. We disagree, however, with the interpretation contained therein of the statutory provisions pertinent to the issue before the Court in this appeal. The issue may be stated as follows:
Does the provision of subsection (2) of MCL 438.31c; MSA 19.15(1c), which precludes an increase in the initial rate of interest contained in certain notes, mortgages, contracts...
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