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<br /> � •` � ADJUSTABL� RA1'� I�I�EIt 89=- 14575� �
<br /> � (l YarTrduury tndex•Rstr�ap�) •
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<br /> THtS.�lD1LiSTABLE RA7E RiDBR umide�hu �6th dy o� OctA6er . ,t9 B9 � �
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<br /> ,and is inoapw�t�ted iato.�ad sb�fl bc deemed ta annaid�nd swppieedr�t the MaW�e.Deed aP.ltust.ac Seruricp 1p�ed(�tl�t"Saucic3r .-
<br />- � , L�trrr�ewt'�ot tbe ame due pvea by the uoda�i�ned(tLe••Borrcwer"3 co�ecws Narro�va's Adjintabk Rate Ivote(the'`Note")co NOY�
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<br />_ ,' FEMIAL SAY_M�#s i�,�AM A�OqA'TIO!!OF GMIiQ f�l1D.NEl�i1�3KA(tlk•'I.endcr'�o[tbe san4e dste and coveiuy t6a �•
<br /> • P��x daa�e+d in tUe Secvr;cX tmrurue�c�nd loaited at: � • � . . -- -..-_-. - -
<br /> 4�15 We�1�=.6tolley ,Park FtoaGd,� Grand IslarKt, Nebraska t:� .
<br /> � � . • (��3'Atidress) .. . . . . . . . .. ..
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<br /> .� .::__...- ' ....:. . . �lirli�t ' .. . � . . .. . . , . . � ...; ..
<br /> . .. . �`:., 31i i�IS�iilWf(i�ii�`.:."�:� �wi�tK�eiryt� i��rri"iMtM�r.s��i �!M�M� '..�
<br /> :� - ` .�,: `� Mi�rfieilt.7'Iii � �tr,a��t .. . � ','.`
<br /> �MMp���. �i1E� h[Nenst riek tait e�w�e�t wg Mt tL�t�t+� . �,:.
<br /> � f �t, '�; '` ��t lalt I I�Mt ,... .�i:= ' , `; � c si,,f.::,.
<br /> , (. lIMs1Mc ��t�z�ii� Mr�'• . , •s';:',,,{::.:`. .
<br /> '� . : . ;.:y+r -., :. . . ;i�i..�. , _ ,, ..4•;'�ps �,,�l,;,�s. �
<br /> .1:�:; ' /��'.•. � f 5 �.�-:y.�a•'�:
<br /> lI�DS�NAL COVENAN[5.In ad�tioe t� ' 'f4:��::.'}`
<br /> i , �` w e covtnants and agraments in�e;n ti�e Sr,.'�,p Imtni�ent,�Botrd�t^ated L,eadec ,..,:�?�; `' . . .
<br /> I � l±�l�b�i c4ver�aaE and a=ra ss folto�vs: . . „. . . � ` . , • �°` . -.
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<br /> � � '�t�I '�'RA7E MtD MONTEQ,Y lA�YM��CH.iI[UfE5 :.;:. .. � � �� , �'-`.;. �
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<br /> ;;;���.� . `1�e Not�ytltvida for aa initial iatuat rate of • 44:SCCCiot�4 of the Nate providES far ch��u:iUe'i�,l:ate aod tbe ° ' " � .
<br /> :�7C:: ,. , ;�Dljl�illLisiifOU01Al3I ' `i:'r� `;�;;�f',�; � ` r ..... ..
<br /> �F � � _ � . - ,. , . .. i�.��� . . ' '�'iL�'i,`�� .
<br />�.� , :'%;�:� 1NfERESTR4TEANDMONTXLYPAYME�Y�A',1GffANGES ; :'';: ` � �� ',r+,� -
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<br /> ,. ' (A) Clr�e DiNe� ' �. ���.t. . ' ,- i r :. • "�` • :
<br /> ;i' Tbe intere�t rate 1�vt71 pay m�y C.hali�tttl-�he fttst day of �dnvember� . . '�. : 19 �g `. •� Y �Y <` •`•.cji-,r 4 .
<br /> �:,.i' m . • . '"�i::��:. . . . . .
<br /> .---"..�. ��4YDff�l'di N ( �'�o-�•,
<br />, } . f'Wp�IUP_ f�0!ltb5�i�1C��E'-�*�, 1�tCOnR�'S�' : .• .,.r-�. CdtGCOUtd'CLfA'I�:i�+waT}2r�'G.`"v..�gCIIYtQ.�' �. +•. ,t�.:t,:
<br /> � j. � l�� �� - • ' ' . i _ ; ' '1. 4. '" ._
<br /> i Bepsnio�wiWthe��Dil�,�:�'tyinteratir�zs'�+ral�c�:��a°anInde7r..'i7ie"IMex"isthewaklyzvea�eYietd�oY'�aitedSt�tea �;��,;;`' � .�i`;5;�; •
<br />...
<br /> 1YwurY sacariiai�s�St,a��,e�5`�r�a�uity of 1�es;as mac��.��ilabla by che Foderat Reserve Boud.'E'�e m�pst r , .
<br /> •iq�u'fi�bka�n��3red�teiS��s'�ePare�. � �-��£� . .. .
<br /> �D�ueis�at�the"Curren[Indea.'•
<br /> � � It the Index is no ta�tNec:i,tv�bk:tUe NoCt Hok[er•w3111choose a new index which is bt�ed upa�comp�nbk infortaatian.7'bc Notc
<br /> ' :l�o�der wi1)�tve me notice of fbis ciWice. ' 4.
<br /> � (� Qia�i�NINdC� .. i -
<br /> -, �Hetore e�b-Ch�e-U�te.thallote Hni'da wiucalculate m�r new interat ratobY addins_ �hree a�d or�e%a�f p�r�� .. .. ...__
<br /> P��s� 3.5 '1�)to the Currmt tnda�and roundirt�to the nearat I/8ih af 1 hi.subja;t to the limits stated in Sectian 4(d)belaw.
<br /> '1]�is raunded amou�will ba my new interat rate unti!thc neat Chan�e Due.
<br /> The Note Noktet vriU tha�detetrteine the�mount of the monthly p�ymcnt that wou�d be aufGdent to repay in full the princip�t 1�rn
<br /> ' exyocted to crve on thit Cl�inje D�te in substantially equ�l qyinenta by the ma[urity date at my new irtterest rate.The result of this cakutation
<br /> � wiU be the ne�v ta�0uat of my monthly paymrnt.
<br /> � (D) l.WItNil�erlbteCWKa
<br /> � q���,1ie interat rua I am required to p�y at the first Change Date will not be grester than �.,�..� � ����pR� _
<br /> 3i.ihereafcer,nry imerta[r�te wii!never be increased�or decreased on any smgle�hange Date by more than.,_,_.�._—
<br /> � • �fram the rate of iflt�rrest i h�ve been paying for the preeeding twelvc months he�ninimum interest rate on thts losn wIU neva be
<br /> � less than �•0 9�and thc max!�um inttrest rat�will never be greater than_ i�'U 4i.
<br /> , (E) Ettertive Dr1e of Ci��es
<br /> ; My nnw interat nue wW become eficetive on eub Change Date.!witl pay�he ambunt of my new monthly payment beyinnina on the firsc �
<br /> monthly p�yment date�lfcet tAe Ctian�e Dtte until the amamt of my monthly payment changes again. � � ,
<br /> (Fl IYOtieeNC�M�s � — -
<br /> 'i'he Note Hoider will mail or doliver to me a notice before each Change bate.The notice will advise me of � •
<br /> i (i) thc new interesc rate aa my loan as oi�he Change Date:
<br /> { • (ii) the amount of my man�:�h:GJ payment failowing the Ch�nge!)ate; . ��__
<br /> ! (ill) �ny additioa�l matters w�i�if the Note Holder is required to disclose;and . . �
<br /> ' (iv) the address of the auatiation�ou coutd contact regarding any questions about the adjustment noticx. --
<br /> � �. CHARCES;Li�NS
<br /> { Uniform Cove�nt 4 of tfie Sccurity Instrcm►ent is aaxn�ed co read as tollows: '
<br /> ; 1. CMr�a;Ued.Borrower sha11 pay all taxq,usessments,and athcr cha�•ges.fines.and impositions attributable to the Property which m�y
<br /> Rttain a priarity over this Security Insttummt,and leuehold payments of ground rents,it any.in the manner prorided under paragraph 2 hereof
<br /> a.if not paid in such manner,by Borrower makin j ptyment.when due,directty to the psyee thereof.Borrower shall ycornptly fUrnieh L,ender
<br /> aU notkes tlf ariwunts du�m�r th�s pnrrye��i��i»d in tl�e event�orrower shall make payment dirretly.Bono�ver sAW pramply furr(ish to
<br /> iRader recaPts evideuciat wcL pymaus. Horrorrer shall pranpt[y discharse any lien whieh Et�s priority over this Security lnstrument;
<br /> � however,8orrawer shall not be requir�l{cr, diuharge any such lien so Iong as 9orrowei: (a)sh.,�fr;z�;ee i� ktiting to the payment of the
<br />;;�. oWfption secured by sucb lirn ln tht maace':acceptable to Lender;(b)shall in good faith conttst such�:es L�;�,cn t.�sfrnd against enforcement af.
<br />� : 's��Ch Ikn in,ksal Droceedi�s,•whtch ia th�opir.ion of Leader operate tu prevent the rnforcemrnt of tE:�f��o�fc�rt:dure of the Property or sn�°_ ^ "----
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<br /> ' � ifMrt t1M�eot;o!(c)sIW6 srx�.u��!'rom tht Is�:i�2er of such lien an agreemcnt in a furm satisfactor��ry.G,ender subordinadng such lien ta tliL; � �
<br /> �;. , , ��'�:.'�ecvrnrinanw�ait. • I
<br /> • '` ' Jf Ldl�ptt�kLeracipesi;�lt,tt all or�f pirt of the Property is subject to a lien wAich may att�ia�priority over thls Seeur�ty Instrument, f f
<br /> . • . �` �.Lknder.�6aSt�e3re 8orra+rer.n:»erioo iskn+ifyirrg svrh l+:ert.P�vnawes sh=!!satisfy sssch!t�-ra or ta�e osc or ssarc o4 ttzc gct;ons scs for�h a�,+� , }
<br /> "rvithin ten days of the jivinS o!tAe notice. ' ' I
<br />� C. N07ICE •
<br /> Uniform Cover�nt 11 of the Security Instrumenl is a�nended!o read as fol�ows: .
<br /> 1�. NMke.Exccpt for any notice«quired undcr appliqbte faw to be given in ar.othet manntr.(a)any aotice to Borrower providcd for in this
<br /> Securityln�trumtnt shzll be given by Getivcring it or by mailing it by first rlu:mail to Barrouer at thc Praperty Address or ue surh olher address �
<br /> as 8orrnv�tr ma 8ai �.`
<br /> y gnate by nati:e to l.rndcr as p�oci8cd herein,an8(b)any notice to Lender shall be given by first ctass mail ta t.ender'c �r, �
<br /> adQressstated herein or to such other addrcss as I,err�ler may drsi�eate by no��cc to ESotroN=r as providcd Nercin.Any nvticc pr�ridcd for in thi�
<br /> 5ecurity Instrament shall be deemedto h��e Ixan givrn to fiurrower or Lendes nhcn gi�en in ihe manrrer designated hcrcin.
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