92109523 - Laserfiche WebLink

Browse

._. . . ... M�. ...�.__ - ��::��:.:tx ...�., r 9�� .aJsx3 r•NnR-sita-i � �38972p ' I � ADJU�uTAl1i.1:RATI:R1D�R ' (1 Yenr 9Yc�sury Index—Rnto Cnps--Fixcd Roto Canvcrafon Optlon) 7F116 AFS7USTADLR RATl3 RiDRR is mado this 2Nn dny of NDVkMUGR , 19 92 ,end 15 - IncorporateJ Into nnd shail be deemcd eo nmend and snpplement the MongaBe,Docd of 7tas�or Sccurily Deed _ (Il�e"3ecurhy InsttumrnY')of�ho snmo dnto gieen by tiio undersigned phe•'Oorro��•er")to securc Rorro��•erk f�' Adlustablo Row Noto Gho'•i�oto")to NpRWGH7 11pR7f�116�� ING. � A t9INNE8D7A LY)12PORAYIU�2 (tlio^Lendor")of the same deie and coverfng We praperty described in .._ tho Sccuriry insuumem anA loca�ed n�: i;: 435b MANGHESTL•R ROtIA GFiANA IBLAND� NE 68803 a [r�o�ny naar�s:� 7H�tl078 CONTAINS PRDY1510PIS A640WIN0 FOR CHAM�BS IN TN�INTEflE87 RA7E !` �ND 7HE MON7H4Y AAYM�NT.7li8 NOT�I.iMIYS 7HE AMOUNT 7N� 80RHOWkB'S ; AOJUS7ABLE INT@RC87 RA7E CAN GHAN�E AT ANY ONE 71ME ANp THF.MAXIMUM i: ' flATE 7HE BQRROWBN MUST AAV. 3'�!E NOTB A1.80 CONTAINB 7HH OP710N TO CONVERT TNE ADJU8TABl.E fiA7�70 A�lXEp HA7�. p;` ADAI"!'IONAl.COVENANT9.Inndditinntn�hecovenamsnndngrcememsmadein�heSecuritylnstrnmen�, _- Bmro��it and Lencler(urther covennnt and agrce ns tollows: - A.AiD3USTAIII.�RATE ARlB biONTfILY PAYM ENT CHANGBS �, The Note provides for an In1Ua1 intcrest rntc of 4.250�k,Thc Note providcs�hc changes in thc ndJusinblc _ interest rete nnd thc momhly paymems,ns follows: _ 4.ADJUSTAALII INTERFST RAfE AND 1110NTHLY PAY�tLrNTCHANGES - (A)Ct�ango Dptes ;, Tho ndJus�nblo intcrest rnte I wlll p�y may chnnge on the first day nf NQVEMBER ,i9 93 � : nnd on�6nt dny every 12�h momh thoron(tor. Cnch dnte on which my ndJuxtnble imerest mta conld change Is �• cnllcd o"Changc D2to." _- (D)1'he[ndex ,_ fleginning with Ihe first Chnngc Date,my nUjus�ablc intcres[racc will bc oa�e�i on un(nJcx.TF�o°ir�des"Is _ tho�veekly e��emge yleld on United Slates 7Yensury secarities aAJusteJ to n const;�m matudiy of 1 year,ns madc nvnllnble by thc Pederal Reserve Doard.The mos�recent Indre figare avnilnble os of the dnte M1S Jnys before ench =- Chango Dnte is called ihe"Curcem Index." ��: . If�he Index is no longer nvaflable,thc Notc Hoider will choose a ncu•index �hnt is 6ascd upon comparaUlc - Informntlon.The Ivote Holder will gRro me nntice nf thix choic.. Ei; (C)Caiculnt�on otChanges :;; Defore ench Change Dnte,�he hoie Holder will cakulnce my newinteres� m�c by ndding 2.750 -- perceningc points( 2.750�,��o��e Currcn�h�dex.Thc Nme Holdcr�vill tl�cn rom�d�hc result ohhis addition �= tothc nenres�onvcighthof onc perceningc poim(0.125�4.>. Subjecl to Ihc limits stntcd in SectinnA(U)bclow,this ��, roundcd nmount will be my new imcres�ratc until ihe next Change Datc. F�� - Thc Nmc Holder will�h.n Jetcrminc�hc mnount of Uw mont6ly pnyment �hai would be sufficient m rcpay the mipaid principnl that I nm expecteJ ta owe a��he Change Uate in tull on ihe Maiurity Date at my new Interes� - rnte in subs�nntinily equal payments.The resul�of�his cnlcula�ion a•ill be the ne�v nmount of my momhly pay- mem. (�)Lhnits on Intcrcst Retc Chnnges = The in�cresl ra�e 1 am rcquircd�o pay a��hc firs�Chan�e Date will not bc grca�er �hnn 6.250�k ur less = Ihan 2•25� !�r.?hercaRer,my aJjtis�ublc interesl mte��ill nererbe incr.:�ud ordecn:ucJ on any single Chuige Da�e ° p�.�R�7Y)D �;�ntagc poin�(s)( 2rk)fmm Ihc ratc of in:ercsl I havc bc.n p�ying(or thc prcceding 12 months. - �Sy intzrest rr.et ��ilf ne��r he grca�er thmd0.25C1S4.�chichise:�l)edihe"Maximum Ra�e." F�, C�1�fter�hr Ar.te of Oh�r.res = YI.ne�v inlerest ra�e��ilt be.ome ef(ec�i��e an.a.h Cham.r Date. 1 x'ill pay ihe amount of my r.ew nmmhly �.-. .. payment b.ginning on�hc first momhly paymen� dare altrr ch. Changc Daie umil thc amnunt of my momhly = paynxn�chasft�<��ain. _. (P)Nollcc of Chnnges _ - '!'he hn�e Hnlder will drlieer or mail �n ine a nn�irr oi am .hang.� in my adjustable imcres�rate and ihr -. � ameunt nf my mnmhly paymrnt before �hc c(lerti�r d:u. nf�m�change The nmice will ineluAe in(nrma�inn - � requited by lau tn h.girrn mr anJ alw�h. liUt auJ�clrphnr.r numhr of a p.non ahn will ansx�er a»� qctsilon .. � I mac harc re,ardin�IF.c r.mire. . IS.F]YF.D IS'1'}72}3'7'12:1"I'li OI''t10S -� Thr Noie proefdes 1,r �h: 6orro�vcr:opGnn �n:nmrn(rnm .m aJiu.�.�Yd_ �n1erc5� ralc ��i�h inlrro•� r.�tc � .. limiu�.a firrd imcrest r.nr,a,fnllrnr.: - - C 41YCIl1X'fi:ie6l'PIlATF('OV\972.1'II!\OP'fl0\ - G\I Optlon to Com�crt to Fised Ruic : ' I hare a Com�crsion Opuan�hat I.an c�crciu ur.i.•�. 1�m in Jr(ault or�6i�Scctiun StA� ��ill r.-t �,rnni� . . -- me io do so.Thc "Conrersion Optinn" i�m��aption to comcn Ou imen�� r,ve I am rc��aircJ m pa��h��hf�Sm. . - fro:n an lujus�able raie�cith imere.t rate I:r.'�n�o tlie fi�eJ r:nr c�l vlaied umler Scaiun 9�I37 trlr•.. = The com�ersion can unlr takr place on a Ja�c��pecificJ by Ihc`ulc Haldr:during thr{+r�nJ Meir.nin�on - t.`c lin� Changc Ualc and crJing nn the (ifih Change DOIC L"dlll II:III un uCiah m�� aJjm�ablc intcrr.i ratr can - comnn�o�hr.nc��•fi�eJ ra�e i>.alled the°Comcnion Uate.. _ � " 1lIM1TtSGiEC4�11EnT.'g�EAQI0STA0lEMTER:�EB-ARNPL�N51-S��;eh-y-tYeunaeluryi^LC��iann@M�eUMlormlmlrummlfamOtRtii - f:4Ftef/3IRS0 q..bl.t:ryv.. _.