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201210156
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Last modified
12/4/2012 4:01:09 PM
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12/4/2012 4:01:08 PM
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DEEDS
Inst Number
201210156
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`O121015C <br />2.0% higher or lower than the Existing Interest Rate, nor can it be more than 5.0% higher or lower <br />than the Initial Interest Rate. <br />[X] Monthly Adjusting Variable Rate Feature The Calculated Interest Rate will never increase <br />above TWELVE AND 834/1000 Percent (12.834 %) <br />The Calculated Interest Rate will be adjusted if necessary to comply with these rate limitation(s) and <br />will be in effect until the next Change Date. At any Change Date, if the Calculated Interest Rate <br />equals the Existing Interest Rate, the interest rate will not change. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall <br />request Trustee to re- convey the Property and shall surrender this Security Instrument and all notes <br />evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property <br />without warranty to the person or persons legally entitled to it. Such person or persons shall pay any <br />recordation costs. Lender may charge such person or persons a fee for reconveying the Property, <br />but only if the fee is paid to a third party (such as the Trustee) for services rendered and the <br />charging of the fee is permitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in <br />which this Security Instrument is recorded. Without conveyance of the Property, the successor <br />trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by <br />Applicable Law. <br />25. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to <br />Borrower's address which is the Property Address. <br />26. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded <br />together with this Security Instrument, the covenants of each such rider shall be incorporated into <br />and shall amend and supplement the covenants and agreements of this Security Instrument as if <br />the rider(s) were a part of this Security Instrument. [Check applicable box(es).] <br />[ ] Condominium Rider [ ] Planned Unit Development Rider <br />[ ] Shared Appreciation Rider [X] Other [Specify] <br />Legal Description <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in <br />this Security Instrument and in any rider(s) executed by Borrower and recorded with it. <br />O (Seal) <br />Borrower - Carol A. Fredrick <br />ID u111111il <br />Nebraska Second Deed of Trust - HECM ADJUSTABLE RATE <br />
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