If you fallow that instruction you have to run RootBlade3.exe and after that phone is automatically rebooted in cwm recovery mode but only once
No, it will only boot into ClockWorkMod to install package for rooting the device and automatically reboot after that. You won't be able to anything in CWM. It still doesn't explain how you got CyanogenMod installed on your device and why would you even try that without properly installing CWM and making backups of your stock firmware.
Packing everything into a single executable (.exe) is also terrible practise. Absolutely no one can know/verify what is being done to your device and your computer! I've seen plenty of malware packed into packages like these (or infected adb executables/etc) and it being explained 'Oh, it's for rooting your device. It's normal that your virus scanner picks it up.'.
What can I say, don't follow crappy instructions and most certainly don't improvise while doing that.
Like previously said, you have adb access on your device and you can easily install ClockWorkMod like it is supposed to.http://www.modaco.co...-zte-blade-iii/