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97107010
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Last modified
3/12/2012 3:02:42 AM
Creation date
10/19/2005 7:16:52 PM
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DEEDS
Inst Number
97107010
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i� ,� ---_-- <br /> � _ - <br /> ..__..._.,�_ry�••�-��.•��.a L ._..u...ft.:.�.� <br /> -�. ti ' ..4.r.�..wo4"_-,�'� <br /> , ADJUSTABLE RA'I'E RIUER zoox�970 _ <br /> • (i Ywr Treasury Index•Rate Cspe) l��s ��1�10 <br /> � 25TH AU(3UST <br /> HCS ADJUSTl�13L8ItATE Rll?FR is made this day of • <br /> 199� And is iricorpor�tod inro and shxll be decmod to amend uad supplement the Muitg�ge.I3r,tu1 of <br /> Trust or Security Deed(tlx"Security lnstrument')of the su►ue dete given by the underoigned(the"Borrowor")to <br /> secune theBo rio�e� 's A�aS�tab! P•t � <br /> Tb q�ttille i ��t 4 ou���1e�a������r����iii, q:bra:k�, A lederal la�i��� lu _ <br /> (tha"l.ender')of the same dute and co�rering che propertY describal tn the Security Instcument and located�t: <br /> 2021 N HUSTON ORAND ISLAND, NEBRASIU► 68803 <br /> �p(,��y�dd[l59� <br /> THE NOTE CONTAINS PliOVISIONS ALLOWING FOR CHANGES IN 7HE INTEREST <br /> RATE AND TliE MONTHLY PAYMEIdT.. THE NOTE LIMITS THE AMOUNT 7H� <br /> BORROWER'S INTEREST RAZE CAN CHANtiE AT ANY ONE TIME AND THE <br /> MAXIMUM RATE THE BORROVYER MSJST PAY. <br /> ADDiT[ONAI.COV�NANTS,In oddition to the covenants and agreements made in the Secudty Insuume�t. <br /> Borrower and i.ender further covenant and agroe as follows: <br /> A.IN'i'ERE..�T RA�'E AND MONTNLY PAYMENT CHANGES <br /> Ths Note provides for an initlal intarGSt rata of <br /> 7.250 gb,�('�e Nate providGC for chrnges in <br /> tl�e interest rate and the monthly payrnents,as follows: <br /> 4�INTggESI'�tA1ryE AND MONTHLY PAYMENT CHANGFS <br /> (A)Chs�!Uu�tes $r.FTECwa a°i° 2(1�2 <br /> �1 ��Ad OD[�3�[ <br /> The inteccst rnte i wiU pay may clunge oa the first clay of <br /> day every 12th month thereafter. Fa�ch date on which my Incerest�ate coutd change is�callod a"CtianB�D�te.' <br /> (B)17�e Indeac <br /> lieginning with the first Change Due.my Intenut .rate will be based on an Inclex. The"Index"ta tbe vYOe7z y <br /> �v�nge yield•on Unitod States Treaswy saurities edjustod to a oonctant macudty of 1 year.as made=v�ilabk•bY . <br /> the Federai Resave Boud. 'Il►e mosR recent Index tlgun availabit a-q of tlx:date 45 days before each Ctvng�Date <br /> is called the"(.Urnnt Indea." . <br /> If the Index is no longer availabie,the Nou Holder will choose a new iadcx which is bw.�ed nPon com��►k <br /> tnfoRaatlon.'Ibe Note Holder will gire me notice of this choice. <br /> (C)C�k-uutlao of Cha�es <br /> Before tach Change Dat�.►he Nou Holder will calculate my n�w inte�e bY�dding �,���� <br /> �p percentage point(s)( <br /> Index. The Noce Holdor wlll then rourui the►es�lt of this addition to the nauest onceighth of one perca�taSe <br /> p:,int(fl.l�"�). ��.►bject co the Gmitsstaital in SecHon 4(D)below.this rounded amosu►t will be my oew int�rat <br /> cue untiy the�eat Change D�te. �t�w�ld be su�cient to�+e�y� <br /> , 71�e N'ote'Holder will tl►en deteru�ne the amount of the monttuy pay <br /> unp�id principa!that I�nP��'R e reswl af ttus calc�ulato n will b�'the new�nounc of my monthlY PaYm�t.r�te <br /> �n wbstantially equal paY . <br /> • (D)Lia�ib on Inta+est Rate CEvngea 9.250 � <br /> � The inttnsc rau I am required to pay at the first Change Dgte will uot be greater than <br /> or less than S.250 96.Thereafter.my interest rate wiU aever be incrtased ar decr�as�o° <br /> aqy singie Ch�nge D3to by mon than two percentage poincs(2.096)from�12 250 I�ve bcen�ing <br /> for the praxding twelve�onths.My intercst rate will never be greater than <br /> yy interest rate will never be lower than 5.250%. <br /> (E)EKertive l�te oi Chs�nges <br /> My now interest rate will bxonx effxaive'�on�a e afterl th DChange Date tu►til the uamountnof my montlily <br /> payment beginning on the first ma�thtY p Y <br /> PaYment change.g again. <br /> (F�Notice of Changes __.�M�_.....:..,..,r o�v d�:u�a�s in ms interest rate and d►e amount of my <br /> The Note ttoider wi�i d�i:vd�����••�••�-.^---- -- —- <br /> monthly payment before the effertive dete of any change.The notice wiU include infom�adon roquired by Iaw to <br /> be given me and also thc tide snd te�ePhone number of u person who will answer any question I rnry hive <br /> rcgarding the notice. <br /> MUlT18TATE AQJUSTABLE RATE R�DEN -ARM 6•2•Single Family-Fa�x�N MM/Fnddt�IN�c Unifonn�^stnMM^t 311`��s6 <br /> �-822A�93081 <br /> VMP M011TGAG[FORM9•IE001621•)48� � ��^�b�"���P� <br />
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