� --- . _
<br /> -'.�-_±i�••i`:-- ----
<br /> , • .. . '__ --_ __--___ _�.��.,_-�.
<br /> �" ._�f1�n/.RJ�'.L�I V1fAt''d�l�:!!ow�! --
<br /> _ �=�a�u�t.�s��.+.x�:�s,°4i��'.�'�f."`,.�I'!R�?!''h'�_r.,:,,�,,.:_-_•_ --
<br /> • 97— /� �a�-.3 .
<br /> FFiA,MULTiS'I'ATE AD]USTAHLL RATE ItIDER
<br /> Cas� N�mibar 3x1-1891230�-729 Loan Number 5-0117
<br /> THIS ADJUSTAB�.�RATB RIDBR k made thiR 27th deY oP OCTOBER
<br /> 19 9 T atxl!a lnoorporated Into end shall ba doemed to am�nci and augplemcnt tha Mortga8e�
<br /> Dccd at Trust ar Securtty Doed ("SaurIty Iastrumcnt") of tho eame deto given by the understgned
<br /> (^BOffOWCI"�t0 60C11IC HOfIUWCI'6 NOtO("Note")to MOUNTA�N WE3T FINANCIAL, ING.,
<br /> A CALIFOR�IIA CORPORA'i'ION ���J''��r��
<br /> , of the same date and c�oveering the Propercy described ln the Securiry Iasuumeac ami 3ocatcd at:
<br /> 722 NORTH BI3AL� GRAND ISI.AND, NEBRASKA 68801
<br /> [���v�I
<br /> TI�IE N01E CON!'AINS l'ROVISIONS AI.I.OWING FOR CHANGES IN'IV�INIEREST RATE
<br /> AND THE MONTE3I.Y PAYMENT. 'PHE NOTE LQ1Stl`8 THE AMOUNT TdE BORROVYF.R'S
<br /> INIERF,ST RA1E CAN CHANGE AT ANY ONE TIME AND THE MAXIMUM RATE THE
<br /> BORROVYER MU$'I'PAY.
<br /> ADDIIIONAL COVENANTS. In addition to tuo oovenanta and agreementa macb ta the Security
<br /> Iastrument,Borrnwer and Lender further oor�enant and agre�ea followa:
<br /> IMIEREST RA1E MID MONTM.Y PAYMENT CHMT(iES
<br /> (A1 Ch.a�e D�tn
<br /> The interest rate may cUanga on the tir�t day of JANUARY 1, ly y'J ,and oa
<br /> that day of r,ach auooeeding yeat. "Ct�anga Aete"meam each deto oa which t4a interest rau wuk!chat�,�a.
<br /> (B)'iLe[�iac
<br /> BeginNag with the Arat Change Dnte,tl�e intetest ruu wilt bo based on an Index. "I�x1as"meaas the
<br /> weckly average yteld an Uaited Statea'IYeasury SecutItks sdjuated to a comteut maturlty of one year,ea
<br /> mack availabk by the Foderal Reaerve Hoerd.'Curnnt Indeu"meaas tLe mat reoent Indeac figuro availabb
<br /> 30 days befom the Changa Dau. If the Iadex(as do5ned above)is m bnger availabfe.L.enckr wlll use as
<br /> a nea Indac sny tadac pracribod by tba Seeretary. .4s used in this Rider,"Secretery"means the Soeretary
<br /> of Housfag eud Urbaa Dev�bpment or his or her dcsigna. Lender wW g[ve Borrower notioe of tha n�a'
<br /> Indea.
<br /> (�Glc�f�tio�o[iaterest R�le C6aose�
<br /> Hefore cach(,'han�e Dato.Lander wW cakulau a uew inureat rate by adAing a mergtn of
<br /> TWO AND 750/1000 perantage potnta( 2.750 46)
<br /> to the Current Index aad munding the sum to the neareat oneeJghth of one perantege pofnt(0.12596).
<br /> SubJcct to the limiu stated in Paragraph(D)of this Aider�thia roundeci acnouat will ba thc new inurest ratc
<br /> uatil the next Chenge Data
<br /> (D)Umib at Inte�rit Itate Chanses
<br /> The inurc�c rau wW n�wer increase or dec�cease by moxc than one pereentage point(1.096)on any
<br /> dingle Change Date. TThee interest rata wUl acver be more than five peranwge points(5.096)Ltgher or bwer
<br /> than the Wtisl iatcrest rate.
<br /> (�Gkdatbn o[Payment Chia�e
<br /> If 1he incerest rate changes on a Cl�ange Date,Leadcr will cakul¢te the amount of monthly pnyment
<br /> of principal and interest which wouW be neoeasary to repay the unpaid princ[pallx�lanx in full at the
<br /> ri1AtUPity 118LC 8t thC t1CW�IItClCSt tdtC IhTOUBh 6UbSt8tit�811y OQL81�O�1CRtb. In meking auch cakulatlon,
<br /> I.cnder will use the unpaid principal balana whtch would be owed on thc Change Date if there had boen
<br /> no default in paymcnt on the Not�,reduoed by the smount of a�prepaymeats to principaL The result oP
<br /> ihis calcula�ion wiU be thc amount ot tho new monthly payment of principal end interes�
<br /> _ �
<br /> _ [�t�rt,�ns�rw��t Rm�[t C�1)
<br /> nw.vmcee s�nu�,�nc.eeoo)s1�t�62 Page 1 oP 2
<br />_�
<br />, �
<br /> - ---—
<br /> - -- --
<br /> '�`h � � 1C:Y.
<br /> � ...»,�.., -� . ,. � „ �_•� -• �; . „��, u-_` . __.� �_�_�..�_.�_ __
<br /> ,'�rc r�.a.�,�,r-W.-r--—��
<br /> ' •3ti '4eAal�+a�mi6 - _ �_:.�.�.---—_.
<br /> �. . yt. . ',,y���Na'7_4� 1111Pi14�S�F`s:°SSa.`-�?___
<br /> -� - . � - . ' S:•Q'xSi.�%��',��"`~`� � __ -.._
<br /> ,�, . ' ' , '� , w� � - ____
<br /> t , --
<br />,,�, . � . ;, ;,
<br /> --- -a��.� .——
<br /> � ,. , ', . . '., ' . S�-�`_ :;
<br /> . ,. :N:���. ��•... .�•s,��_'�:�
<br /> ..�„�__.... '. a�!x�a�t�_::...��...:._
<br />
|