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<br /> ... . >! AI)JUST�L� I�A�'� RIDE�t � � �
<br /> � � aQOasas� _ _. <
<br /> .. . ,,., _ (1 Year'�reacur�r ind�c•Rate C�p�J /� /� ;.
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<br /> . S ADJt3STABLE EtATE RIDER is m3de this 29'�I �y of A11�3U$`lt Y�. ,`_.�,•,� , ..�:
<br /> : .� .. � �.�� 199� � �.,, ...`�•.,`''.
<br /> .and is ina�rporatad into a�d sE�all be deemed co amead and supplemem the Mortgage.Deed of ,:`'�:,,•r ;;;. �
<br /> • . ::::� Tr�tt or Secvsity Deed lthc"Security Instrument'i of the same date given by the undarsigired(the'Borrower')io - -- ._-_:.-..
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<br /> ,.,. F�. th2 w s Ad' -�abie Rate I+fw,e td'e'N �'1 ca -:
<br /> :;�t �.•_�� �e`��ia�e���in�a��b.�+an Asgaciation a��aa��2slatJ� 3e�taska, A Fedeial Saviaqs tr�at ..
<br /> (the"l.ender')of the saau dste and m�ering tQe properla�d�ssri�d ie the Security insxument and tc+eatod at: ..°;,=:Y'Y -,:
<br /> i 510-51Z W KO$1�TI0/516� W: ROSNIf3 ORAND I�LAND. NBBRASRA 6��01 �: t
<br /> ,'t`•e'.` , ..;I,;;,i �pro}�eety Add�ssl -.�s�: -
<br /> ' �;':;� . � TtQE NOTE CONTAINS PRtlVIS10NS'ALLOVYING fOR CNANGES IN y4fl� INTER�ST ��
<br /> ,�r�F -3 � iCATE ANO THE MONYHi.Y PAYMENT. THE NOTE UMITS THE AMOUNT THE . ' S' ;' �-.
<br /> ,��i�� . , �, . �. 6�ARR0INER'S INTEREST HAYE CAN CHAN6� AT ANY ONE TlME AND THE :;, a
<br /> , �,�.�r.`: , - `:� (Vl�4XIMUM MTE THE$ORROWER MUST PAY: `.�.;. :::;: f�;°��;','
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<br /> • " ADIy�TIONE�I.COYENANTS.la�udditionto the aovenants and agreements made in the Securiry Iastntmen� ,,. :. ���.;,:
<br /> • � . . � - , ; � �,
<br /> r� ` = Borrower and Lender further wvenant•aitd agiee as fotlows: . '� " •�
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<br /> ., � ,���f F A.IIvTERE.ST RATE AND 1110NTHLY PAY11�F.1�1T CHAtiGFS � . . � ' ��; —-
<br /> � •�p .:; . 7.250 =-
<br /> �, '�`' ::.:' Tl�e HoH��rovides for an initia}interest tate of � �!.The Not��i�vides for chang�s in .
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<br /> � ��t4• ; �.��rate�utd the month[y payments,as foliaws: , , t� .
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<br /> .����. �,: . :; 4��.�£�I'RA'SE A��iD t�7dDI�.Y PAYMEtiiT CHAN��''s ,,, ' fj<<f�:�,__;-�
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<br /> „��,, `��4���&eDates . ,,:,:,,,i y �f +�� �:.�:•;,,°'--=.
<br /> .,�, '. ��.�� � ����• .and on that ,�,F,.. —
<br /> -�;;� �;` :. .r� '17►e interest rate I will pay may ct►ange on ct�firyt day a� ,-_`�, . ldds,' -
<br /> 1 . � ;� �Z,iS WIY�i �d�C.�ge.D3�..n f Yd4t�''a4G.. .._
<br /> ��ti�,� .�. , y every I2th month thereaftet.Each date a�v�i�ri3a my in¢;ic���a�"codl� �t��a�x�r i
<br /> � � 't� . . �s�,. F�4� �i�, --
<br /> " 'r� ' .` ' 4�Ji��e Index .�:•;; , , • `� ;:- •.�:;: ::��•.:' �. � .
<br /> ',�� �''� ' , ,� ' � $r�ar�a"ung with the first Ch�q.��r��?nv�iatet�est rate ,��T''���irc�ased on an Index.'�5f#�:='�dex"is the weekly ;;�'�.��`•':� �'•.::i!'• —
<br /> ,� � ` . <� � . "�' �� �:..�*.r.��'sd'���}ed tn��tu-�stant maturiry of 1 ye,�-�s made avaiiable 6y : 1,;,•t'. :� .l;' sr - -
<br /> ;���ti , e , �E : avet;s�,����:ld on Unitod Statea'4'fe�, ...;�.+ 0 5 foreeach Date �
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<br /> ,,y��,r�t rY�i� ,�� � , ,� the FeA�:ai Reserve Boazd.TAe s���i��?��.��n2�;t�ure availabt�as f the dI��4 days be Change ��� f =
<br /> �I,�N,S�h,,.1� i ,1.,. . ` "Current Index." �- .�. - ,. •�;,��`n -_-
<br /> , v„• , es�eai:tltg , .,. �;, --
<br /> ' + ' � `_`'; If�ksdex is rto longer av�i,�s:t�he Nbte Hotder wili choos.e a new�us�ex which is based upon oomparable . ` °' _
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<br /> , _ . . _,,,.� .. • infom�on.The Note Holder��►�;��r.me notice of this chaio:::�:
<br /> :•„' S ((,7 CalcalatIoln of Cdanges � . :>,; �'� `' . �,; ,'� ,, --
<br /> , ,, Before each Chan ge D��ate.the:�otg.Holdeit�wat��late my aew int�r e�`�.��r.�te by adding pr,.,` .�
<br /> , '�,;�' . �," .. • '1W0 AND 02� HALF �' 1� t �,age pq�s)( 2.b0� %)to the Cumeat ;
<br /> ;:F.,•� ;� �.
<br /> - . �:�,. . Ind�x•;`'�e Note Holder wili`et��a���1:e r�sult of thjs ae�dEi!��n to the neatest one-eightb of oae percentage .�'? `� ,._.-
<br /> `�,�Y '�; ' • poiq!�p:,:115�!). Subject to the Ita�.�xnt3'in Section 4(D j���a�.this munded.amount c�ill be my new interest =�.'� '�, r _
<br /> ���� ' � rate nntil the next Change Dato. ',�;,� , `:: •. , ,:��. • ; � „`i;: '
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<br /> ��� � The Note Holder will then detemune the amount of the monthty payr.r�rp��3dEat woWd be sufficient to repay the !�� ,'yt.�,k
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<br /> ��;•�{�,'';'.: ' ' 'ur�paid principal that 1 am eapected to owe at the Change Date•�a.�full am th'e:�tnrity Date at my new interest rate , . 4�:
<br /> ... 1 f' - • • .
<br /> �i , . in sabstanriallY equai Payments.'�a?�Ult of this catculau��3'a 3e qcC�iew amoura'm��r�:onth1Y Pa3�ment. .,.•. ° �==st � -
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<br /> . ,�:� :t . . (D)Limits on Interest Rate�,'� � ;'' . :: ,:.'. ' � .,�. ,
<br /> t;: � 7tie interest rate I am required ts��ay at the r�.st C�ange Date will aot Ue�};«reater than 9�.;��Qi,�.�.,:.'• % .
<br /> _ . �. � .. ; or tess than 5.25b .'.;, ' %.Ther�after,my interest rate will never�s�r�?��l���sed on� :
<br /> - � � �j any singte Change Date by more ii�ca'twa perceqtage poi�:C�;OIo)from the rate of in:U�r��have Sieeh paying ,�,.�.�„ : � y E�,�
<br /> . - - :. ��ti � for the preceding twelve months.Aiy°interest rate will nede.i;i�'�rafer than 12.�23cT.;';�;•.�� , . `�• • , `
<br /> � �•�� My fnterest ra�e rsi���,�� never �oa loo�as`�it�a� 5..2508.� �`�:'�' ; r:,.' .
<br /> , 'y (L�Ei'�ective Date of C9�a�t�es.. . . �.. � � - � .� ���. �, ; ,,
<br /> ! • ;t' "�y� ;• My new interest rate w'rit b�efarrae effective�n each C7���fe,Q�:f.r1r8�;j�ay the amount of my neni g�a�y `�'
<br /> . , �.� ' , i.
<br /> T . f u� i '. payment heginning on the firs�:.,tnt5i�ttily p�yment date afi�r,,lftte Change'I�9ie until tJre amount of my monr�ty , , _
<br /> :.j!v�4 puyment c5anges again. � •; . . '' � :.
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<br /> � • ��_ The Note Hnldar will deli�er or mai!t�me a�aotirc of any changes in my interesi�and ihe amount.of my �. '.��`:�ss�
<br /> =_ : � monthly payment 6efore the eNective date of a�r change. 'The notice wiA include infarmaRion required by law w ����`S''��`���
<br /> - -. ' � ', be given me and atso ths tit}e and tetephone number of a person who will answer aay question 1 may t�av� �
<br /> ,+ �;�t,;.��.
<br /> _
<br /> � . . , rebarding the notite. � . : .
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<br /> - � � MULT(STATE AWUStABLE ftATE RlDER=ARM 5�2-Singte family-Fannle MaelkeQdia Mac Unitarmt�stinuitetit� � �
<br /> - Form3111�3f85 � . .
<br />;;<:.� . _ ��-8'1ZA 19305r � vMPMORTG4GEFORMS•l30015I1 Y191 ' �rnnSeOanR�ytleAGOOn _ .
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