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<br /> -=_=�v:�,�:,e;,�w�.�— ' u Y.�r Tr..wrr udex•Rw pp.)
<br /> ,:� � THIS ADJU9TABLB RATB RIDSR lt madt th� 6tF� d�y ut Septemher -,19 91, �,..
<br /> '—" `- �nd i�laoorpor�t�d lato�ad�haU M dMmed lo aaa�d�nd tup�►M�amt !Iw Mayyt. Dad ot Trwb or Securit� Deed(tbe ��Secu�it�,
<br /> _��..._
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<br /> ',- WtcumaiC')ot tM wne due{iven by the w�de�dined(the••BorrowR��l co�ecure Borrowee'�IWJuawbk Rate Nato(tha��Ncu"3 to =_--
<br /> ° ' E!p �L 6.:VIN08 i LOAN ABaOC1AT10N O!�QRANQ IdLAND. Ni�RA�KA(tfu"I.endu••)of�he wrae date aod co�'erint�ht —
<br /> . • �,�� _ propatr daal6ed ia the 9eeutltY la�truao�at wd loeated�t: ---
<br /> � y y�.���.''�'� 2224 West 4th Street, Grand Islend• Nebraske 88803
<br /> . ... �'��,�i, (�Y��) � _ _-. �
<br /> -.'�'��F. TW Nq co�hiM/ro�Woar RYowl� far du�I� �U' I�tNwt rnq� w' �atW
<br /> • '�vr_•rsttR':'
<br /> ��_�':�aSkLia:iL�i' pQ�Nb.TYIs Qob�IW IW(/(N 11�1011�1111y Id�fNl Hq qMl4y�tl Yf OM WM�M _
<br /> _ 4.�,��c.:, .ro w.�.l�..w w.�.■na�.�w v.r. —
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<br /> :�s����wfr��,^.,
<br /> --_`,���.`.,'� ADDI'f[ONAL COVBNAMfS. In�ddidon W tin covawau wd�ramenu m�dr ta the Seeudty Iwaumant�Borrarrer�ad L�endor
<br /> ._� -�;io- .ii..t�
<br /> _..�y�at:.�.. Ntthlt aovea�nt aad 1�ra u toUo�:
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<br /> '_ -�_r";�T', `� • A. IN7'�IIEg!'RA7T M1D MONTHLY PAYMENT CHANGEB
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<br /> -�..�•�-�'� + > ,,. Tht Non provldM tor�n WtW intaMt rue of 8.25 �Db.9eMicw 4 af tl►e Nota provida fm chaata ia tde laterat r�ta�ad the ----
<br /> n�:"�t71(� . .1' �' _'
<br /> -.� " wont6lr v�rma►u,�rouow.: -_ ----
<br /> _�S�_'�����a . _�
<br /> J..J�.�.�.._ '-;,.,:_ 1, /NTER6ST RAT6 AND MOM7YLY PAYMBK!'CflANOBS
<br /> ,� �, IAJ Cy�N D�MM� . .;.,,e.._
<br /> - ;� Th�Intawt nte 1 wNl pay may chaye on the Mt day of 0 --obe ,19�—��ad on that d�y avary ����`'°
<br /> �" '�' , �..•e�••� _montlu tAaadttt.B�ch d�te oa whkh my IataNt an could ch�nte i�cdled a"Ch�nQo Dsa." —
<br />_..�` , ,�.� :., . . . (�� 'n.uda ----
<br /> • • Be�iooln�witb the Mt Chsaae Wte,my interat r�te wUl be buad on a►index.The"Index"b the weekty Rverye yleld on UNted 3uua ,
<br /> . � ° . 'IYwury acurltia�wtad to�conit�nt mRturity ot I yar�u made�vdltble by the Fedw�l Raerve Bwrd.The mwc reant lod�c ti{ure ��-+l.-�=��-
<br /> � m
<br /> ., �; ' aW�bls�of tUe dw 43 dayr befom each Ch�a�t Dau i�aJled tAe"Curreut Indeu," F r���:_.—
<br /> � .� ." ' It tLe ladat b no bnaet�vdUble,tM Nate Holder wIY ahoow�naw ladac wlU�h u bued upoa compivabie infomwtloa.The Note =���
<br /> ...,, .
<br /> :� ,,�, , ' Hold�r arWdwm�aodceottb�choloe. -
<br /> . .,' .. (Cl C�kwMtlo�otC�
<br /> 9•far+�Meh(�Dw.the Note Holder wW plcul�ta mY new(nterat nte by addin4 }�"�� °-^-� nna/ha 1 f percent�e ��
<br /> . p�u� 3•5 �l�i�to tht Curront ladex�nd roundinQ to the nesrat 1/BtA of 14b,�ubJect to th�Ilndu�ated In 9�cttoa�(D)bebw• -
<br /> , � , � Thlr rouM�d�mouat w1U be my naw Interat nte undl the nent Clw�a D�ce. --�____-
<br /> • � 7ri�Note HWder wlll tUen detamine the�mount of the monthly psyment thu woutd be�ufficiant to repay in fuU the pdaclp�l 1 am
<br /> we oa tGat Due In�ubu�nddi eQwl p�ymmu by the muurity d�u at my new latarat nue.The rault of tdi�c�kulrtlon �. .���.�_
<br /> expated w o �� Y --
<br /> ' � wW b eLe tMw�mount ot my monthtY P�Y�+►�• --
<br /> '' (D) IJn1U o�bpn�t Ivq Cw�M ==--_
<br /> � Tfie iqt�rMt rate 1 11m requlred to p�y �t the flnt Ch�n�e D�te will not be orcater th�n 10.25 or las th�a -
<br /> � �b,Thaafta,my Intaat nte will never be Incn��ed or dxrased on�ay�in41e Chu�e Date by mom than�wo pe rcent �Q�
<br /> �,:�,�„�
<br /> '�' 1Z,.91.__from the nte ot int�rat I h�ve ban payin�for the praedlna hvelve montlu.Tha minimum Incerat r�te on tAb laa will aav�r bs �'.,-_° _�
<br /> _ ' � Wq�, B.25 �A►and the nu�dmum Inte►at nte w111 never ee aracer thm 13.25 g, _,
<br /> � . ., (q 6M�ctlw D�a ot CY�qw =
<br /> My new intaat rate wIU become etfcetlee on ach Chuye D�te.t will p�y the anount ot my new monehly p�yment be�inalai ou the tirat _ _
<br /> .a,. � _=� —
<br /> y ra p., moatNy p�y�aent date�iter tM Chuqe qte undl the wount ot my monthlY p�yrnent chu�a yaln. -- _Y
<br /> �sr�--
<br /> . (F� Noda Of C� •R==�_.
<br /> � • � . • 'I'he Note Holder wUl mall or delfver to me�nodce betore each Chu►�e Dna.The aotice wlli advi�e me of: �"_-��
<br /> " �%�*. ° (i) We naw intaat rue on my lo�a u of tho Ch�e Dace; �""'"'�''�°
<br /> -' • (U) the amount of my monthly payma►t foUowinQ the Chu�e D�te; x°"$�
<br /> (iii) a►y addidoad m�tten which tAc Nae HoWer ia tequired to disclose;and ���.����:
<br /> ; , ; • • ; ..,.. •-
<br />- . (Iv) the rdd�w ot tht�uod�tlon you could conact reQardlnQ anY 9uadoru�bout the�usanent nodce. •.-.....==+
<br /> ,�„YcSJ���:`
<br />� �. CHARG&Si LIENB : �i��'.. '
<br /> • Unftorm Coven�nt 4 of the Security Instrument is unended to read a follows: � "
<br /> ' �. pnpi IJw.Horrower�hdl p�y all uxa,usessmenu,and other char�a,fina,and impositions attrlbutable to the Property which may �
<br /> �ttsia�priority over this Secutity Instrument,a►d leasehold p�yments oi Qround rrnts,if�ny,in the mumer provided under paraar�p6 2 hercof �
<br /> � ' a,ftaot p�id In:uch mmner,by Borrower making payment,whm due,dircctly to the p�ya thereof.Borrower ah�ll prompdy furnith Lender � '
<br /> , .. �!1 notioa of unoun4 due unda this Y� I .
<br /> par�raph,and In the event Borrower shrll make pryment directi Borrowu�haU promptly fumish to
<br /> l.ender reedpu eWdencina such payments. Bortower thall promptly dischar4e any Ikn which hos priority over thk Security Instrument;
<br /> however,Borrower:hW not be required to discharge any such Ilen so lon�as Borrower:(a)shd!aareo in writinQ to the payment ot the
<br /> obtiption securcd by such Uen in the manner acceptable to Lender;(b)shall In good fnfth contest such tlen by,or defend agalnst enforcement of
<br /> , iuch Ika in,le�l proceedinas which in the opinion of Lender operrte to prevent the enforcement of the Uen or forf¢iture of the Property or any
<br /> ' part thereof;or(c)�11 securc from the holder of such lien an�rament in o form wdsfactory lo Lender subordinndna such lien to this �
<br /> � ' • Security Instrument.
<br /> If Lender determina tlNt nll or any part of the Property is subJat to a licn which may attain a priorfty over thfs 5ecurity Instrument,
<br /> Lender sh�U�ive Borrower a notice identifyiea such Ikn.Borrower shWl satisfy such Iltn or tnke one or more of the actions set forth above
<br /> � 1 witUin cen d�ys oi the Qivina of the notia. �
<br /> I
<br /> • C. N077CE
<br /> � Uniform Covenent 14 of the SecuHty Instrument is amended to rad as follows:
<br /> -- U. Notice.Exapt for any notice required unde applicabk law ta be ofven in another manner,(a)nny notice to Borrower provfded for in this
<br /> Security Inftrument shall be�iven by deliverfng 11 or by mafling it by first class mall to Borrower at the Property Address or at such other oddress •
<br /> u Borrowe�may daianole by notftt to I.ender as provided herefn,and(b)any notice to Lender shall be given by Firs�clus mail to Lender's
<br /> addras stated herefn or to such other addras as Lender may designate by notice to Borrower as provided herein,Any notice provided for in Ihis
<br /> Securfty Instrument shall be deemed to hove been afven to Borrower or Lender when 4iven f n the manner designated hereln.
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