|
� ,�
<br /> ; r`:��• .. -
<br /> `��; , ,.�.
<br /> ��`5 --•�` �.
<br /> ;'�.� ., :�, �: � * ��."°i,,�,, Y _
<br /> ,•H •c •.(�
<br /> . -.. -
<br /> � ,� • --
<br /> .1 �. , �
<br /> . . _ A ,.��� � � ..
<br /> -�,a , �-
<br /> • � �ADriUSTABLE RA1'E RIDF.�i nA
<br /> - --- f1Y�Tns�wy�ad�•W�C+PiI 1��� �`�•R��
<br /> _,� __ _ _
<br /> __---�
<br /> -------�--� JANUARY 93
<br /> _ _
<br /> ��T_.....`�_,.._, rH�s�n�uaT�a�ew►reair�eaua�.a.i� _.____._-_—e.�o� _.- - _,�v _ �-=
<br /> =��`� w,a t��aua uuo�a•n�n no a�rnm�o a�a and:�,v��a� ��n�+on�o, n�ar T�u, or Secu�iry Qced(the��soctiriey --• -
<br /> `° � Ir�tnu�N')ot tbe ame d�te�iven by the u�dersitned(the••eonover••l�o�ecuro Borrower'�Ad)umble Rno Note(the°Nae'•)to a� -
<br /> � �DER.��BAVINaB i I.oAN A880CIAT10N OF QRAND ISIAND.N�L�.I�"�-end�r"l ot�bo wne dw� �ad eoraia the =-
<br /> properrydawib�d b tl�Soa�rWr laipuraa�t aud loatad ats ----
<br />_ �'�`� � �-�����'•�-, 1528 ALIEN AVE, GRAND ISLAND NEBRASKA 68803 E __
<br /> .�,.
<br /> ..;�; � (propeny Aaareu)
<br /> �. B �w c1Y�a N MiIY IMtnal nM s�0 �Y n1o�IM1Y
<br /> ; 7'�Ot eale cr111M�Nw�M�M�r4�{
<br /> ...��;;' �.b'�eva.�n�..we.M.tiww u�e....�1 w i�qna n�r ai.aa�.M w e••m...M --
<br /> ;,�ir . _ �qMeiiw���lYew�ad�w�tl�tM1. —:
<br /> .� �,_
<br /> =-� '' '�5r: � ��: � • . ;;�v...
<br /> ,`p•r�
<br /> -'—�'� '�i' AD►�i't:I�O��TAL CAi�F.l�tA,,.�f'A'S.Aw adcliiian to tbe ooa�wanu�ad�resme+nts m�de ia the Security leatruma�t.Borro�rer aad L.ender �.
<br /> —:�� '�� ` .4\�,• furtb�toovematu�d�eeiucfi�a�l►owr. .II
<br /> Fi�-=
<br /> ; rc:-.
<br /> s:�•.:
<br />-��'�7� v� a�.,•, A. INf6AF:ST RAZE AND MONTHLY PAYM�N,�'S01ANt�FS �;___
<br /> � �i.Sectsou�ot tdt Note provida for daan�a ip the intaat rate�d the ; :-
<br /> :<.. •tr � ' 7Le Nao provide�for an Initlal iataat�le aT ,�•�__ -
<br />.:;.;:;,,:._ ,
<br /> -�1'(•I •t !,��;- 'n moalhl9PaY+�n.�s fotlowc -
<br /> � _�lt. � i _ '"
<br />.._,.';a' '. � r 4i` ' ��.-:
<br />��:,+,_, .l�fd,�.�
<br /> q� .i -i �. /NTER6ST RATE AND MONTNLY PAYAIBNT CdZaNG6S
<br /> ��:F.�,rJix�e_'�{tt,r7^ (AJ (.'M��eD�bs
<br /> ��'.�>-f�� z�,u �'�a� 71ie interat tate 1 wiU pay may chanse on iAe fint day of F£BRUARY ,�g �4 ,and on tdat�Jay evzry �y�
<br />__ t;J k� i� -
<br /> ,�i�{ c;, ,.,: .��` p;R::�f.;;. 12 moatiu thera�iler.EACII dYl6 011 WIIJCII Aly�Iltl1l94 ta 42 CON�tllYfl�Q�9 CiIIld fi"Change Uax.••
<br /> ���, � y —
<br /> I `" ,.
<br />_'.1,��, r^4 ;���''��,S; - (B) 7'b!�1ldti �,�..�..
<br /> ° ' Beainniag with Ihe firat Change Date,my interat rate will be baud on an Indea.7'tac��i nAex";s ihe weekly avasge yiel d on United Suta `!. 4�
<br />,� � '�� �t:='f;% �,`,�5�r .
<br /> `e.:.�,� �„ ,,+� 'f'rasury aecu�lUa+�djwted to a carutant m�wri�y of I year,as m�de av�ilable by Ihe Federa!Rturvs Board.TAe moei receat Indpc Naurs :���
<br />.�'.;��r, �.:fi t��� �;��� �vailabkas Mthe d�te AS days before each Chan�e Data is called the"Cu�rem Index."
<br /> : �h�' ,,�;v` � ni�.�
<br /> �,� , _ ,,�r, ,.yE � lt�he Indez b no langer available,ihe Note Hotdar�vlll choae a new ipdex which is based upon compat�bla•iaPomWlbp.'fbe Note •• ..
<br /> f'� �;:
<br /> '�� '�`` HoWer alll give me noties of thia chola, ' �,ry,;r;
<br />_i,�f� ,.�(� �
<br /> J , )� f�:�; '�� � cc► c�o�.aopacappQa �-4,«.
<br /> � "" rwo �r�Q or��-HAi c q''-
<br /> ,`, s=° ,,•,• • � ,,c '�' Hefo►e each Cbaa�e Date,the Note Holder wffi c�icuiate my nnr inlercs�r��e by rddin� �1CICCiiII�C }YH.�;
<br />:��:�°::c,,.,� ,.,,,,,,.�,�4k•�;,:'.�:i�:�f%i.
<br /> i;:':�,; . , �, ..,,�;;,�?�>.. , � poi�ls( 2•5 ._,_no)to the Curcent Index and roundin�to Ihe nen�est 1/8lh of 1�.subject to ihe limits slatod in Sectton 4(D)below.
<br />��"�'�'�� ' "•'���`''�'�•"'`'�� Th4 rounded amount will be my new interal ra�e unNUhe next Chan4e Da�e.
<br /> •,� . . ,.
<br /> ' ' �' '�� '�`` ,",r. ,'` The Note Holder will Ihen determine the amount oi the monthly p�yment that would be sufficiem to repay in full the prindpnl 1 un ,..�
<br />!','S'r,'_r '. ,y ; `- , ,, + "• , y
<br /> ; � �. �rd.�n�..r�Lf y+�a�', acpoctad to mre on that Ch�n�e Date in sub:tan�ially aquel paymenu by the rtuitu�ity date pt my naw intaat�te.Tbe raalt of this pkuWion �
<br /> � 't + ot bt ���"^_`�'-�.�• wiil be 1he new iunount of my monlhlY I+�Y��� '
<br /> ����a �'< �;
<br /> 3,r�'•• •;e;�`; lo) u.�b w 1■ta�1 p.a cr..�e+ 7.25 _W
<br /> � •,e•.,�: ' ,y�, intaest rate I am rcquirod �o pay at the Rrst Chan�e Ihte wfll not bc �reatcr than �IY o,rr� th�n �, -
<br /> �� . +�,%�,,.,� ;� �. �5 �.Tl�eafta,my interel rate wfll nev�r be increased or derrpscd on any ainalc Chan�e Da1e by more Ilun
<br /> `:�'!��� --
<br /> �-�' •.y,..v:..' .4��:' 2 � from the rate of intercst t have bern payin�for t he prmdi��welve monthi.The minknum ime�at nte on tAis lao will nevc be --r
<br /> f,' ,:;�::. •�;;,•, .•,�.. �p� 3.25 �►�nd ihe mucimum inte►a�nte will never be�rea�a�han 10.25 �y, �
<br /> _"".��. 4.i,, �,'!i, ��.. (SI &fecUveD�kot(�a ,�Y
<br />:- � �� '-=
<br /> Y.1 `..,;t�;, ,•`; . . ^-_
<br /> , . \,�,,�`$+;. My new interal nte will baome eftcetfve on each ChanQt Da�e.t will pay�he amount of my new monthly payment be�innluu�oo the Ilnt
<br />;�� � •, •::: ,;' monthly p�yment dne�Ger the Chu�e Dato uoW the amount of my monthlY paymem clunQes aRain. '-�`
<br /> � . , ;�:tt,. :r, '-
<br /> " ��:.;.°;';,.';I x;i�:'r,,.'; (FI Notloeofpur�a �y`'�`.
<br /> �:._
<br /> � , .� �+ : � �. �4-^Jy� 71ie Nae Holder will mail or deliver�o mc a notia beforc each ChrnQe Date.The naice wfU advke me of: E?f�
<br /> , „ . ;t;,;�;�.� q) the new interat rate on my loan as of the Change D��e; [2�;,:�;
<br /> »-: ~.. • �`,`�',.,a, .' (li) the unount of my monthly payment followfng Ihe Chonge Date; r.%•:.=-
<br /> `'•� .. � �t.a.,.,,. ,
<br />�::'�! iRT":.' ' '_ � 1
<br /> ., .. .�,t ;�.. (ilq eny addidond matten which�he Note Holder is tequked�o disclou;and �''�_°:'
<br /> � ";i:�'', � ":,�r; (iv) the address ot the asw�fatbn you oould rnMact re�rdin�any questbns atwut the adjustment notia. �'�jh;i..
<br /> � . f'�� `. �,�`_ .
<br /> '� � ° d. CNARCFBi LIENS .
<br /> �`,`��' ". f.���•.�,.�� ' !� � UNformCovenant 4 of the Secu�ity Inttroment is amended to rpd as follows: � �
<br /> �•, �{',`.:. ' 4, �es=Ikn,Borrower shall pay alt twca,assessments,and other chugcs,fines,snd im sitions attribulable to the Propeny whkh may �r��,r
<br /> i.,f ., � 1,•.,, .
<br /> �,�.,, .. .:;��., ;��. •
<br /> • :;.�,;� �ttain�priodly over this Security InstrumeM,and leauhold paymem�of ground rrn�s,if any.in the manner provided under paayraph 2 hermf f� ;
<br /> ��'"�=' ''`�" ur.if na paid in such manner,by Borrower makina paymrnt,wheo due,dlrectly 101he payec thertoL Borrower slull prompNy fumlah Lender
<br />.- ��,,.......' __� _.-_
<br /> . ,.,; , WI notices of amounts due under thfa paragraph,and In�he even� Borrower sholl makc payment direclly,BorrowK shaM prompdy fumish to
<br /> �.���'�� . .� .:��:;,;,;;,;;, Lender receipts evidencing such payments. Borrawer shell promplly diacha�Qe any lien whkh has priorily over lhis Secutily Instrument; •
<br /> '�� however,Borcower shall not be required to dfccharge any such lien so lon�as Bottuwer: (a1 shall agree in wri�fng to the p�yment of the :
<br /> �';'�; , � • obllQation securcd by such Ilen in�he menner acceptable to l.ender:(blshall In good folih contest such lien by,or deknd a��ins�enforcemenl of �
<br />�;:F, �.�•� ��� , " . cuch lien In.1e4a1 proceedfngs which in the opinion of Lender o�era[e to prevent the enforcement of the Ilen ur forfelwre of�he Propeny or any
<br /> � i� `� thereof;or(c)shall secure from�he holder of such lien an aQmemem in a form smisfac�ory to Lender subordina�in� such lirn to�his
<br />'41;� t � �
<br /> � : ; Securitylnstrument.
<br />� , ".; If Lenda detcrmines thal all or any part of�he Pruperty i.+ubje�t ta a licn Nhirh may attuin a priority o�er this Securlty Instrument, '
<br /> �;,.. . . , .•
<br /> ,-� ---- —�-.�- ,.. �. , . i,enaer enaii�ive norrowcr a�uiicr iiieuiiiy�u�s wu����a.5.:��o»�:inii:iii:a:j�u•::C.-.C..Ciw:�i.f ui ,ivic 3i iuc w.iiw�S Sc'��ui�u�uu:2 t
<br /> _ '
<br /> s -� .�'.r �r"�r+''�.i.. '
<br /> withln ten da of the ivin of the noti�Je.
<br /> •tfti•, '.. �. Y+ Q B
<br /> !.. ,.�, ;r.:.;11�' •' '
<br /> �. �+ . +_ j.,...
<br /> tr`.�;�.r;�:l\1!, I�Fi,�i��} :�. .�•;,ni,i.�..:� i
<br />:�ti,:.:i�'r: .� '•�y't'�t�;��;Y�'�:S'.' '�;r���t.t1c C. 1Y0910E . �
<br /> :;..��.:;.� r�;��•�'�.�`• ,,;�r�`�;";� UnitormCn�eaa:t N o'�he Security Ins�rument�s amea..rc��o read as follows:
<br /> ���s`�"�iti���l, �!,?;��.�,1.,,� rc 1.� ,
<br /> �+:l�l� ��������"�?` 14. NoHne.F�:¢��f�ur am�r.ouce requircd under applica�1r law to begi�eo m anaher r.:au:e�.1a1 any non.e to Borrower�-.e.,uci for�n th�s
<br /> ,,� �' S 1, � � ,
<br /> �`�',`-�'' ' �'���}�`�� 5ecu�eiy Irsltumrtnt aP�a��he���en by dtli�ering n a by maoli:�+:by fitsl Cl�ss mLl W BaT:rw�r�t tht Properq�AQdta�ur a�;u:t ot hcr address
<br /> . . ����;:,��Z �.f���.n�.���, •'.;i:.
<br /> • i'•,, ' l'•.vc•.,,r• Y`.,l'��,i:�h'�4
<br /> ,:�; '���.�����q ��[;�P.��:� as Bon�wet mag•deeignate by naia to lender u protiided herein,md Ibl any notice to Leader shall be gi�en b}Gn�clus m�il to Lender's ' •
<br /> - ?�'�?�;`:ti:�� ,,•';;.`:.J���' addres�Kaied hetein or to such other addresv�c Lender rtuy dcsignate b} na�ce to Barower as pro►idni hercm.,a1m nontt pro�idcd(or m�h�s ,�.',i,•�
<br /> '.' , � r,. , .�. .:i-��;: 5eeurihr Inntrmnent shall be deemed to A��e been�iorn to 8orrower m Lereder�hen guro m tPee manrter des�grea�ed hercm. •
<br /> �' .;';!�r,4.;, .+�a'f;r,:,.;5.
<br /> '"°sq.
<br /> t"?.' T. ----•` �
<br /> s � •� _ — - - ��
<br />
|