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Nome Equity Access <br />MKS Line Ruler <br />LOT EIGHTEEN (18) , IN BLOCK THREE (3). IN SOUTHERN ACRES, 89-0 -1 Ov4 39 <br />AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA �/ <br />(Open end credit with ❑ fixed rate M variable rate interest) <br />Ms- Home Equity Access Line Rider is dated 01/19/89. and is an amendment to the <br />Valgage or Deed of lrmst ("Mortgage") of the sane date given by the undersigned ( "Borrower") to secure Borrower's Home <br />Equity Access Line Agreement with NORWEST BANK .NEBRASKA NATIONAL ASSOCIATION <br />i <br />("Lender') <br />of the same date coverincq`the property described in .the Mortgage and located at: <br />2608 S CHANTICLEES $TREET GRAND ISLAND NE 68801 _ <br />in addition to the covenants and agreements madt in tha.Mortgago, Borrower and Lender further covenant and aaaee as Vlows. <br />1. The word "Note;' as used in the Mortgage and this Rider, refers to the Home Equity Access Line Agreement. <br />2- The Note evidences an open end revolving line of credit agreement between Borrower and Lender. The amount stated in the <br />Mortgage as the principal sum of the indebtedness is the credit limit for the line of credit. All advances made at any time by <br />Lender in accordance with the terms of the Note, and all interest on the advances, shall be secured by the Mortgage. <br />However, at no time shall the principal - amount of the indebtedness secured by the Mortgaam, tact including s mn s advanced in <br />accordance with the mortgage to protect the security of the Mortgage, exceed the stated cied,,t Wit for the, lip Of c md°it <br />3 The Note provides fort >> <br />❑ a fixed rate of interest expressed as a daily periodic rate of __ %. ►his corresponds to arr anrruai parcvrd&ye <br />rate of <br />IN a variable rate of interest expressed as a daily periodic rate equal to 11365 of an annual rate of 3.15 0!© plus <br />the `Index Rate" <br />The-daily periodic rate may,increase if T94E 91 -DAY TREASURY <br />PILL•EAT'E (ESTABLISHED (LAST AUCTIOW A" RAkE ON itJSCOUNT BASIS, ROUNDED TO THE NEAREST .IOY, +)) <br />(the "index Raw) increases The initiat da- -yr eriodidrate is ' = 03�5A7% o. This corresponds to an annual <br />percentage rate of 11.1 v 01o• The anna peicer4age rate will nevier've more than 19.00 %. The daily periodic <br />rate will be adjusted on the last business days of every mgnth, using toe in <br />dex Rate in effect that day. An increase in the <br />daily periodic rate may increase the motthhly payment due. S <br />ZAA <br />Bp11AW -n ! .�L/(01�6 /$ $R,)f19R1!{ :xl••- <br />NC *?Z8 M70 r1_S4 18,24,914700& EP <br />L L J <br />