|
:'�;.r�' .<`=�i.9:� y^) , S.
<br />_ , k?3._Fcz _ 3C . . ' _ _ ..=y-"`� a:. __ ' - _ '-
<br /> jz,.T.�..TC . - _ _. _ .- �Y T?-3 - .
<br /> � � �i.�'E'� .4� .y. EL"s"_' �T,'�t:C �.:�' '..�.�'.
<br /> `'� . `T'V i`..� �- = ' _ u C 4 � 'S` . -� . G 'S-� Y ' �Y-f h...
<br /> t. .:..a.n �: r < . `. �, . C � t (� "c- ,c
<br /> � �:.rr F� f� ! .�. 4�! -u . � `' .w� f -. c � 4� . _ __ s t- '.c� � -r_� �3r..RC ` S�.i .
<br /> p �.S 4 . T� l ,._: ..]?.�,' , fC - ,�. - .�_ � k
<br /> .?,� �.f c -e. l �Se- �,.,,�:- r� • `t,: .� � c 1�.2 z t i - z! „_c < � F..-t'� =� �
<br /> . � ,
<br /> - �. ..< -. . - ..' .. 4� ' f_� , t ry t.." _' ' -
<br /> � : v �_.;..2.,. o- ... � .. t.i-�v: _-C :;�,' _�"';,� � . c�"_4 .4.
<br /> _ Y .:¢ :
<br /> _`E • c
<br /> .- �.`S � �;Y�S .
<br /> �•` � �.,�4 �.` _.� ;�";�g'.
<br /> z " *�
<br />.—::1��: {. '`, _c . `a'
<br /> i�
<br /> . _�' � .. j � . . -
<br /> ; _ � . ._ �. 's -.-.
<br /> t y,�f - f
<br /> _ _�� �.< f .�.o ��Y��.
<br /> : . •1{
<br />— :L. .a .�$S ..� t.o • - • C '
<br /> t .. - . :.c .. . . F 4t ._..
<br /> y _. �t ,.: t.�. , =.
<br /> � {< � AI?�JS'��lBI,E ItA1'� ItIDER �
<br /> = °���`' =t ��� (1 Year Terasary Index-Rste Caps) 20028374 — .: ..�>. -
<br /> , _ .�.�_r � f -
<br /> -��' .,< `:r. k� "
<br />—;,9� .�.: , -� :°
<br /> d �y �` � c` THIS ADNSTABLE RATE RIUER is made this 13T� �y of JANUqRY � '` 4
<br /> ' �' 1999 ,� ��o oiated into and shal! 6e deemed to amend aad snpplement the Mnrtgage.Deed af ` -
<br /> - .�' � :.' rP ' -�
<br /> v f � , ` Tnut or Secvrity Dced(the"Security t„Mm�t•)of the same date given by t4e undersigned tthe"Borrower")to `
<br /> ss....' �„��--"',.:t�,,
<br /> �t --�-,��"'��: secvre the Bomower's Ad1'ustable Rate I�Iote(the'Note°)to `k:rt..
<br /> Yhe E ita6le Bailding�d Lonn tssaeiation of Graad Ialand, �ebtasta, A Yederat 8aviaga Bant - �' �-
<br /> .. � i
<br /> �� - � ' (the'Lender')of the same date and covering the property describe�in ihe Sece►ritY Insuument and located at: �' � .
<br /> � ' . .t:. r . ._ . �.�_
<br /> _ . � �;. .,. . . .
<br /> �.-�3.'y'.c.t. (� � � 'J��•'t? .
<br /> �,� ` 4009—�ail ROTH KD GRAND ISLAND, NEBRASRA 68803 �� .
<br /> L - � K [r�ope,�y aae�essl �� `F :,�.�.:
<br /> t .^ r-
<br /> ,�� ":.� ` ,.-`�`_^ � `}' YH� Na'iE CONTAINS PRO�I{SIONS ALLOWtNti FOA CHAtUGES IN TOi� I N T E R E S T � eY., d�.. a... -
<br /> ct ; .,
<br /> ���'�rr ,� L.- RATE AND THE MONTHLY PAYMENT. THE NOTE UMITS THE AMOUNT THE Q '
<br /> - - - -=�.�.>.�-;�'s�; BORROWER'S IN7EREST RATE CAN CHAl1tQE AT ANY ONE TIAftE /WD THE � -- __
<br /> � . : y . MAXIMUM RATE THE BORRnWER MUST PAY. � � ,��`.
<br /> < . << ' --
<br /> �
<br /> ' r s' ADDTFIONAL COl/ENANTS.In addition to the covenants and ag��eements made in dte 5e�auity►Institmment, t�" ,
<br /> ��{. _ �:�;,• Borrower mtd L,endrer futdter covenant and agree as foliows: 4 �f`�`;.a `
<br /> ;,�a =_ _ .`~�
<br /> i it .. ~—l[-'c �`f:.
<br /> ' � A.IN'I'�REST RATE AND MON'I'�.Y PAY1V1E1�'I'CNANGES _
<br /> _ .� 1' ._ ' � tL:•
<br /> , �' E �t '� <� 'Phe Note pravides for aa initial inierest rate of 5.8 7 5 %.The Note provides for changes in � '
<br /> � � ��.
<br /> -,--x.. . the uuenst tate and the momhlY PaYme�ts,as follows: .... r;��`'
<br /> _ {� '.; �k � , 4. ���:--.
<br /> t' -�.. �� ;'• ' { � 4.IIVTEREST RATE AND btONTHI.Y PAYIV�NT CHANGES
<br /> .�� ,�_
<br /> 3 t ��< � �- (A)Change Dates �' ,,
<br /> , .: �;. PEBRUARY 2000
<br /> ,.:. The interest mte I will pay may change on the first day of . •��� �,�-� -
<br /> •�; 'i'` day every 12th month thereafter.Each date on which my imerest rate could change is calted a°Change Date.' �H,';r.;_•
<br /> � < • (B)The Iadex -
<br /> ,�: •. � ; ' ' geginnin8 with the fitst Change Date.c�+intere�rate will be hased on an Index.The"Index"is the wee�y :. ,
<br /> .�.;.. �, -
<br /> �;'�'�;; . `� �, • � '_• average yield on United States Treasury securities adjusted to a constant maturiry of 1 yeat.as made avallabte by ,.:.;+K.:.`__":
<br /> �
<br /> � ;��� - the Federal Reserve Board.The most recent Indea figure availabie as of the date 45 days befare each C6ange Date
<br /> N-,.>•i.. �: � , is calted the"Cnrrent Index." .-
<br /> � , , ,,, .:�...`,,,�:.
<br /> . f..::, • ':�,.• :. If the Irtdex is no longer uvailable,the Note Holder will choose a new indea which is based upon comparable �. �,�r,; ..
<br /> �_�`� ' ' � inforn�arion.The Note Holder witl give me notice of this choice. • '
<br /> •a .P _ ' •- �.Y.� • k .
<br /> (G�CelWlaftOD O�CLen$C� � �r � ,�'�
<br /> ;:•,.,�-. __.
<br />.,,�.� • Before each Change Date.the Note Hotder will calculate my new interest rate Dy addiag :;.�:",:�.�
<br /> -�-'�-�:�';:. . . T4A AND OI�E HALP percentage point(s)( 2.SUO 9b)to the Curreat -; . �� .
<br /> •�� _% � � ' Indea. The Nate Holder wifl then round the resait of this addition to the nearest on�eightb of one peroentage :. .
<br /> poi�(0.125�). Subject to the limiu stated in Section 4(D>befow.thia rounded amount arill be my new intecest e `'�� ,�"
<br /> ,�'' . ,' ,�' rs►te unGl the nex[Change Date. '. ' �
<br /> :�.;; �. �� The Note�Iolder will then detennine the amount of the mortthly payrrtent that woutd bc suffccient to repay the
<br /> ;�:�' .� . , �� . unpaid psincipal that l am expected to awe at the Change Date in full on the Maturiry Date at my new interest rate
<br /> '�:.��-:�` . ' "` in substas►tially equal paymrnts.The resutt of this catcularion will be the new amount of my monthly payment. ,�,. � .
<br /> �.ir;.��;, ' , �
<br /> ":;;':,,? " tD)l.imits on Intere5t Rate Chnttges ' ''. �
<br /> '`�' � . � � The interest rate I am required to pay at the first Change bate will not be greater than 7.8'75 `� ..
<br /> +'•'� rJ.Thereafter.m interest rate will never be increased or decreased an � :
<br /> t:. . . . orlessthan 3.875 Y •t►�. ,
<br /> ,:'„ �� ` ," � <: any single Change Date by more than two percentage points i2.0 0)f'rom the rate of interest 1 have been paying . .
<br /> • ; • foT the preceding tweive manths. My interest rate will never be greater than 1 a.87 5 `�O•
<br /> '�+ My interest rate will never be lot+rer than 3.875�.
<br /> ��,`,_: .. fE)Eifective Date of�i.fianges , . • .
<br /> � � � ' ' • My new interest rate will become effeciive on rach Change Date. i will pay the amount uf my new manthly � ;
<br /> .�•: �r•�_.' ' • payment berinning on the first monthly payment date after the Change Date until the amount of my monthly �.
<br />�.� .. . . .
<br /> � .. � Payment changc�s again.
<br /> ''"' ��'� �F1�otice of Chang� .
<br /> ��:; . . � �
<br /> .';;. :,, . ' 7he Note H��Ider a�►Il delit•cr or mail to me a natiee of:uiy change��n my interest rate and the amount of my
<br /> •�' � � monthly payment before thc rffect��e Jate of eny rhange. The nut�cc wdl mclude infortnation re�uired by taw to �
<br /> •f:., .
<br /> ;� '; be civen me :+nJ al+n thr ude and tetephimc number nf a p�rum who «ill answ•er any yuestion 1 may have . .
<br /> :�---';_ .. . ; � _ _
<br /> regardingthe naUCc
<br /> i � ...
<br /> � , � i
<br /> ' � NIULTISTATE ADJUSTABLE RATE RIOER ARM 5 2 S��p�a Fa^"�v Fannia Mao•Freddie hlac Uniforminstrument
<br /> r.: . . Fortn 3111 3/85
<br /> _ _ . �. • .. �! �.' 822A 33:5 . .a V;a..�c:c� .r -., .. ')• � n•"'M: y-v:«i�a"" , .
<br /> . , •. i . .
<br /> •:�;. r. � . �
<br /> . • . , i •
<br /> �`''
<br /> ..t ! t •
<br /> , - . �.' . .
<br /> � � .. :5' -;' _'
<br /> . �.t . _ . - .. . .._ .._.�__ —_. _ _,_ ... . ... . - .. .. .. _ . ..... _r,. . .... .CG_ _. ...�.. .. ... .. . . . .�. . ... _ ..
<br />
|