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201701614
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Last modified
7/3/2017 5:40:48 PM
Creation date
3/14/2017 4:13:50 PM
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DEEDS
Inst Number
201701614
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201701614 <br />ADJUSTABLE RATE RIDER <br />(1 -Year LIBOR Index - Rate Caps) <br />(Assumable after Initial Period) <br />HANGAR <br />Loan #: 17223078 <br />MIN: 100224212347653841 <br />THIS ADJUSTABLE RATE RIDER is made this 13TH day of MARCH, 2017, and is <br />incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or <br />Security Deed (the "Security Instrument ") of the same date given by the undersigned (the <br />"Borrower ") to secure the Borrower's Adjustable Rate Note (the "Note ") to AMERICAN <br />INTERNET MORTGAGE, INC. (the "Lender ") of the same date and covering the property <br />described in the Security Instrument and located at: <br />2624 WEST 1ST STREET, GRAND ISLAND, NE 68803 <br />[Property Address] <br />THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN <br />THE INTEREST RATE AND THE MONTHLY PAYMENT. THE NOTE <br />LIMITS THE AMOUNT THE BORROWER'S ADJUSTABLE INTEREST <br />RATE CAN CHANGE AT ANY ONE TIME AND THE MINIMUM AND <br />MAXIMUM RATES THE BORROWER MUST PAY. <br />ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the <br />Security Instrument, Borrower and Lender further covenant and agree as follows: <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />The Note provides for an initial interest rate of 2.875 %. The Note <br />provides for changes in the interest rate and the monthly payments as follows: <br />MULTISTATE ADJUSTABLE RATE RIDER -1 -Year LIBOR Index (Assumable after Initial Period) - <br />- Single Family -- Freddie Mac UNIFORM INSTRUMENT <br />3441.11 Form 5131 3/04 (rev. 6/16) (page 1 of 5 pages) <br />
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