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99105694
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99105694
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Last modified
3/13/2012 5:56:59 PM
Creation date
10/20/2005 11:34:14 PM
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DEEDS
Inst Number
99105694
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O <br /> A ` � <br /> 99- 1t35694 <br /> ��� Home Equity Access Line Rider <br /> NdIW�T�BANKS <br /> ����� <br /> 11�11� <br /> (Open end credit wiih variable raie inte�esil <br /> This Home EquityAccess Lrne Rideris dated 04/24/1999 and is an amendment io the <br /> Morigage or Deed of Trusi ("Mortgage"1 of ihe same date given by the undersigned("Bo�rower"1 to secure Borrower's Home <br /> Equity Access Line Agreemeni with NORWEST BANK NEBRASKA . NATIONAL ASSOCIATION <br /> ("Lender"1 <br /> of the same data cove�ing the property described in the Mortgage and located at: <br /> a�a7 BRANDING IRON COURT GRAND ISLAND NE 68803 <br /> Propeiry addiess <br /> ln addition to the covenants and agreements made in the Mortgage, Borrower and Lender furiher covenant and agree as fol%ws: <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 fo�the line of credit. All advances made at any time by <br /> Lender in accordance wiih the te�ms of the Note, and all interest on the advances, shall be secured by the Mortgage. <br /> However, at no rime shall the principal amount of the indebredness secured by the Mortgage, not including sums advanced rn <br /> accordance wiih ihe morigage io proteci ihe securiiy of ihe Mortgage, exceed the stated c�edrt limii fo�the line of credit. <br /> 3. The Noie provides for.• <br /> a va�rable rate of inferest expressed as a daily periodic rate equal to 1/365 of an annual rate of 0.75 � <br /> plus the "lndex Rate." <br /> The daily periodic rate may increase if 'rHF HIGHEST PRIME RATE <br /> PUBLISHED IN THE WALL STREET JOURNAL 'MONEY RATES' TABLE <br /> (the "lndex Rate"1 increases. The initial daily periodic rate is .023287 %. This corresponds to an annual <br /> percentage rate of 8.50 %. The annual percentage rate will never be more than 18%. The daily periodic raie will <br /> be adjusied on the firsi business day of every month, using the/ndex Rafe in effect on the last business day of the prior <br /> month. An increase in ihe daily pe�iodic rate may increase the monthly payment due. <br /> NOT/CE.• TH1S MORTGAGE SECURES CRED/T/N THE AMOUNT OF S 3 5,0 0 0 . L OANS AND ADVANCES <br /> UP TO TH/S AMOUNT, TOGETHER W/TH/NTEREST,ARE SEN/OR TO/NDEBTEDNESS TO OTHER CRED/TORS UNDER <br /> SUBSEQUENTL Y RECORDED OR FILED MORTGAGES AND L/ENS. <br /> �/� ,.� �v�b � <br /> Bono er s signature �� Borrower's signature <br />
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