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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release October 14, 1999

STATEMENT BY THE PRESS SECRETARY

President and Mrs. Clinton have secured substitute financing in connection with the purchase of their Chappaqua, New York, home. The new financing is from PNC Mortgage Corp. of America, a subsidiary of PNC Bank Corp. (formerly Pittsburgh National Bank), and is secured by a mortgage on the property.

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