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<br /> �;-Mf,.:•i��tM. li aiGi��X �:r.+�.+r.�l�.+�,.�. :. c- - 1-�+-+ � -
<br /> , . �•:tN....� _ . .+1'lA�1WQMEdW�a-'+ �+1�Yn^;��tfJd'�FyyW AS�: ICa' MY'��IMfIM1�1lIwt�Mrf4.ewt-Lt*'R - � .•.�`• `-- -
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<br /> � '1���.� . .r"4 � �,t�:•_^''-.
<br /> , . . ADJUSTABLE RATE atIDER 41_ �0Q04� �t:`�:`.'.�----
<br />— — ,- - '. - �i . ; , . �.! .! c�ve�r'i'r.��;�n�c�Rasecs�sf = -
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<br /> ����,-. 3rd d� 19_9L_.
<br /> ,��'- ' , ,,:.,,. THISADJUSTABLBRATBRIDERi�nwlethis Yo! ,� ^uery ,
<br /> � � .., aad i�Inoorpo►�ted Into u�d�h�ll be deemed a amend�nd supplanem the Mart�e. neea or rnu��ar 5ecurlty Deed lthe "S�eutl�Y M,;.-��,�,;�,,�;�-c-_-
<br /> � ' lntitrument")of tlie ume date iiven by Ihe undmisned(Ihe"BaROwa")to sawre Borrowrr'�Adju�ubla R�te Nde Ithe"Nae")to NOMg �'':`:."
<br /> .. .: 1 N R RAND llhe"I.endn"1 M llw wae dnf uwl covalai�pe �'' , • • • .�:'.: �.
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<br /> T. .... _
<br /> •,.. , _- ., . PrWKrtY dacrlbod in�de SesurltY ltutrumrnt md lodted�t: 9 r�^' - '
<br /> -�i` . I ���•u•`-�•_`_----- __
<br /> , � �.° 10B East Ashto�� Grend Island, NE �8801 __. � � _
<br />�.r��F�, � ' (PtopertyAddresi) �•.h.S�•;?"`�;R_:':�_
<br /> �w .ou co�wa nro.wo.. .noor.s rw�r..�. �.■r �.� ..�e ..a �r �u4 .%�'_:��?:�::
<br /> ; ., p.r.e.u.Tru oo�e.uo n�u�n�.mo..�.r i■�nw n�.a�eta�e.�.nr o■�u.�w.a •,�;.c��'���`;•--�.�'�.•�'..`'
<br /> � >- ,r�. .
<br /> � , , ' ' tlw tM�I�I�a+d IM wwdmaw rote 1�at P�1• �; y� .
<br /> • ADDITIONAL�OYEt�AN7'S.la�dditke to tha covemnu u�d a�roemanu m�do in the Security Instmrnent,Bortower und I.andet -'i�J,taY--� �``';i;;
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<br /> (utthercoYe�otaad�nea�fotlara: y: � ;, �
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<br /> ' ' A, �NiEREb'7'pATE AND MONTNI.Y PAYMF.NT CHANGE3
<br /> '• '17�e[�ote prorides(or an iNtial interat nte ot 7.75 7i.Sahbn a af n@ee Note prorides Par chan8es a+�Cee intuest rate+ued�he . ..
<br /> P aY:V _
<br /> ��Y WY��3•�S�OIIOVYS: �!.- -�._ : -
<br /> '! •+-"t::_�._,
<br /> - 4� �:�L�t:.:
<br /> �,:. � 1, lNTER�ST RATE AND MONTKLY PAYMENT CHANOBS • -_�
<br /> '' . .;"1�.,� (A) (-'Yu�e 11�4p . • �:-_
<br /> February ,iq 92 .,wM on t)wt d�y every '.�-;j'
<br /> • .� 7t�e mtuat ruR�:�.�lu pny may cnrnQe on tne fint aay oP =___
<br /> u• n
<br /> 12 months the�wfter.Each date on whkh my interat rate could chanQe is caNed a"Ciwnae Oate." t =.:-
<br /> ' ` '. �) 71tIMdc i �.��._ ''--
<br /> • • }/•i, =:--
<br /> �:�`•�t _ .
<br /> BeainninQ with the fint Chaage Da�e,my interal rnte will 6e based on an Index•The•'Index"is the wakly avera�e yfeld on Uniled 5wta ,-.,�• _ _
<br /> ,,,: Trcasury secudda�djusted to a corutant matuAty of 1 yeu.as made avaflable by the Federal Raerve Boud.7'he most rcant Inda fiQurc � .. , --
<br /> . �;: � , availabk as of the d�te 43 days beFore each Chonae Date is called the'•Current lodcx." -� _
<br /> B the Index 4 no IonQer availabk.the Nae Holder will choose a aew�� �hkh i�baKd upon comprrable iniormedon.7'hr Note
<br /> _� �';� Holder wid Rive me notia of thfs choice. �;;�:'��• ' -
<br /> �'� ,�;�- _—.. _ -=
<br /> „�,.1..t;, , . (CI CatcdWoNOtA�ta �'�';' '
<br /> ,: r�,�.�.;' '� two and one-h}}�1f n e
<br /> . � :,,.:. Bcforc eACh Ci+ange�ate,the Note Hdder wl11 calculate my new intcrat tatr hv adding P� �B 1��, . �' .�,�•h;�;r�
<br /> � ':'` • p�nu! 2-5 Qhw ta ihe Curcent IndeK aa�f iounding to the nearcst 1 ezh oi 1 ni,eubJect�o the lim:es�.a:ed in Section a(D)below• , ' • ; 4,�.'%,:•:.,
<br /> ' ' .. ( This rounded a�roouni wlUlx my new interat rate un:i:ihe next Change Data (�}�` � � -
<br /> �,.;1 �';�.,',i ��� ;.i;,� j'
<br /> �•„+� .. ��• - The Note H�Ider wiU�hec�Y:tetmine the amount of the monthly payment that would be su'tf:cient to repay In full the pflncipal 1�m
<br /> • • apected to owe on that Change 41at�in substantlally equal pAymenu by the maturity dau at my new intereu rate.The rciult of thla pkuladon �•
<br /> ' wfU be the new amouat of my mon�hly payment. � �
<br /> . , (D) Lmin a l�kral Ra1e CM���a I
<br /> The inurat rate 1 am required to p�y at the flrst Chan�e Date wfll not be greatcr than 9•�5 �N or kss than
<br /> ' S.7r__5__,_q�.Z'hereafter,my Inlerat rate will never be incteased or decreased on any single Change Date by more than +���^
<br /> � � ��-�from the rate of in[erest 1 h¢ve been paying for�he praeding twelve months.The minimum Interat rate on this loan wlll neva be � : ; v
<br /> � �y�� �,_7.r, �Y nnd the mwcimum interat rate will never be areatet than 12.75 q�, � !,, .
<br /> ,
<br /> . S IE) Et/ecW�e D�te ot Gaota � '
<br /> My new intettst ratt will become effeCtive on euc5 Change Date.l wil!pay t1u amount of my new monthl}payment beglnning on Ihe first � .•',f;,;,(f t:
<br /> ;, :''' �.' aaathly payment due after the Change Uate unti!the amount ot my monthly paymen�changa agafn. ( �'���"•; �
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<br /> ��,�:i �,.;, i: ',
<br /> ,�.;,S.:;1' (Fl NottaotCfua�
<br /> � ' •����• ���'`��t�� The Note Holder will mnil ot deliver to me a notfce before each Chanye Date.The notice will advise me of: �
<br /> } '::�.�,. .;
<br /> '` (p the new interat rate on my loan as oP the Change Date; ���.''��'' •
<br /> ,�'�;' , � (ii) the amount of my monchly payment followfng�he Change Date; G,•�; •
<br /> ' �'<<.`'.` ' ' (iii) any addiUona!matten whfch the Note Holder is required to di+closr;and ��::������ ' �
<br /> '��l;y�r��,F (iv) the addras ot the usociation you muld contact regardln�any questions about the adjustment notla. ' ,
<br /> � . ',�f;•i:, �;� ..
<br /> ' �:�� ' ' "'.� B. CHARGE4;UENS
<br /> , •r
<br /> � �;' • � Uniform Covenam 4 of�he Security Instrumeni i> a-�rnded io read as follows:
<br /> ,��:,.�:,.����� � ', ,
<br /> ' �;��,� �, CqRei;Ue�.Bottowrr shsll poy all tezes,assessments,and ocher charge�,finrs,and impositions anributah]e�o�he Property wqfch ma�•
<br /> �?�•3��� �'����i:�< ' maona priority o�a�his SecuriG!�7r+�rument,and leasehold paymems of ground rents,if any,in the manner Frovided under paragsaph 2 hercof
<br /> � ���' ' :%1;r;,.;• a,�Ynat paid ia scch manner,M•8.�-ower making payment,when due,dfrecUy to the pagce t:':treot.�orst�we sh�ll prompUy furnieh i.ender �
<br /> '���� �"'',�� all ndias of ave�r•.:�.s due cortder�h�s paraQnph,and in the evem Borrower shal7 make C�Yr'er„di:att:!,.:�7.or.owa shall promg35}iu:nbh to � '
<br /> • ' Lender rece�pis,s��:3ractng such payments. Borrower shall promptly �i�xha4ge ar.g iien which hu �r:c-ir.?•over thfs Security 9r_+t�MCtR;
<br /> howevm,Boncw+�a�hall not be required to diccFurge any such hen c�lon�t��.Yrower:la)cdall agree oa�.rrmg to Itx p+«men: e!ah�e ;
<br /> � obli�atioa secured by such lien.ia�:!4r manner a:cep�able to Lrrt1%z:chl shal!m gooQ fauh contes��cah lien by,or defend agmnst e�o7orttmeat c�d
<br /> such Ilen ia,kaal prceeedirt¢s•�tah in t he opir.ion of LertQer a+V e�ar¢to pre�ent�he entorcemea[o C the lien or forfefturc of the Pc�per�y a atoN
<br /> � � � put thereaf:or(c1 thall SeCttte 1'rom tlx lwlGa of wuch Inn�n agreerrtent ia�a iurm satnia�rory to Lender subordinAling such liert ro e6,ns
<br /> :_:__ Securitv Inun�eat.
<br /> � If Lrnder determina that all or aoy parr of'ihe Propertr�.+ub�ecr�n a I�en ah�ch may altain a priorily orer this Security Instrumenc,
<br /> Lender shall�i�r Borrower a notitt identi(ying such lien.�r*��wer rhau,a��,ty cuch lien or�ake one or more of the aciions ut fwth�bove
<br /> ' ' wlthin�cn days of the�ivin�of the no�ice.
<br /> C. NOTICE
<br /> Unitorm Cmenant 14 of Ihe SecuNry Instrument is amended io rwd:u���ik�w�:
<br /> 11. Notlee.F.�cepl for any notice requiraf under applicable lau�o be g��en in another maanet,(al any notice io Borrower pto�idtd for in lhis
<br /> � Security Instrumrn�shall be givm by dcli�ering ft oi by mafling it by fint clus m�il to Borrower a�the!'ropeny Addretia or ai wch other addrecs
<br /> u Borrower may daignate by no�ia�o Lender ati provided herein,and 1b1 an��notice�o lender chall be gi�en by fint cluc mail to l.ender'�
<br /> addreu slaled herein or to such other�ddress u l.ender may daignate bq notia to Horrower a+pru�ided herein.An>noti�Y pro.�ded for m thn
<br /> • Secudty Instrutnent shall be damed to I�a�e bcen gi�en to Burrower or Lender when gnen m�he manner da�gruieJ hcrcm.
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