|
� _ ... .. �_ .,, . . _. . . .
<br /> --.� . �-�r��� � - _--
<br /> - .. - �, .���"x-,��-. - . � ,,..� :_ _ -
<br /> � � � -- ---- � .�--�—- .� _ _ -
<br /> �- ; ,�'� ... � r.�Y�H,�•�ti � .r.+
<br /> _. ,�i i �
<br /> �:j�`, �..,� --
<br />_ � -— �iva�i��,n,i.,��i� �ui,r:�c _ _
<br /> ,.� , �,Y���-�.�� 91-- ioso�e
<br /> �� � Y
<br /> -°= THIS ADIUSTABLB MT8 RIDBR 4 m�do thi��-day of SBDtembBT ,�9 91
<br /> : � , aod i�Iaoaponted Inw ub rb�U be dear�ed W ama�d aad �upplapent tde Mory�e� Deed ot Tnut,or SocudtY DMd ltlie`•9Kyrih .
<br /> _J,. �, Gutntmatt")a we�.me a.ee d�,by�ne wtiam�ea cu►e•�Barowa")to�ecura Borrawet'�AdJu�table Rate Noto(the"Note��)to�QM�
<br /> eanan�� n�v��t a�. AN AASdCIAT10N OF QRAND IBLAND.NBSRABKA(the"L�nda,�)ot th�wne dau wd coverla� tlw �-- - . _
<br /> ,�j.LW �p�piy�!/Cfj��0f6f$/OY�tyGII![WIIQItWd�OC�tblt:
<br /> r •�
<br /> ' .,.:"...'}._. � �a �.�-"
<br /> � , ,�w:.,�4 h 829 Sweetwood• Grand Island� Nebraska 68803 -- - -
<br /> �; �,t'.�'�.,'.�:�,� ' (PropertYAddret�)
<br /> - ,•���;;:;.;y�:. �n�. .oa co.uln vrorWo��Uowiq ra eY�.�«b w I�w..t na .rl .u�mo.w� _
<br />��.,. ::
<br />_��; ' pq�aq.TM4�ob�Iw Il�ln tM�an�y I�ten�t nt�a�ewq��t�u!oM Uw u/
<br /> ` Wo tM��iud t!M euair��q 1�t P�7• —_�
<br /> .. � � �.` �
<br /> � o . !�;=„�._r.�.
<br /> � � �'.;,';� ADDITIONAL COV6NANi'S.In�ddWoa to tbe coveawu�nd�am�na m�de ia t6�SeaulcY Imtrumait,Bortowa�ad i.a�da
<br /> n t6
<br />�.. . n Nrtbu�oveo�ot�nd�o tollow�:
<br /> .. 4.,��' G�
<br />�``�' �,�, A. INTERTi87'p11TB AND MONTfILY PA�N(iF8 �_�.�
<br /> r�,;"_-�,�,,._
<br />�' ' ..�`"� 71ie Note provldes tor�u►iNtW Intaat nte ot 9•0 �Y.9ecUon 4 ot th�Note providd tar clun�d la 1be iaterGt nte and th�
<br /> :*=. • *�r-, .. ^ -
<br />���" � nqalhlY P�Ym�nn,�followr: �,�..:..---
<br /> f�i ;,�- . -- r.
<br />� ` '"'-'�- � i �, /NTBR6ST RAT6 AND MONTHLY PAYM6IVT CHAN06S �
<br /> r, �• .. . • �
<br /> ' :r.<:r (� �� ,..
<br /> _
<br /> � : � � 7'M intaat nte 1 wlll pay may chu�e on tho fint day ot f1rFn1-�ar �19�,..uid on th�t day ev�ty �4
<br /> � ^�� ...
<br /> +���Q 1�.R montlu tl�ft�r.8�ch due an wldoh my Interat na�wuld chu�e u alled a"Chu�e Dau." ------
<br /> a) 71�INa �"°"°•..�
<br /> `7" ' g��inNn�wllh the fint Ctw�D�u,my iaterat nte wW be b�tod on�a[ndac.The"Index"b the wakly�ver�e yield on Uaitad&atM y_'�*
<br /> � �� '���.,;�;�.�
<br /> a " 7Yeuury�ecudNa�dJwted to a a►niant maturity of 1 yau.a m�de aall�bit by td�Fedav Rauve Hard.The mat receat IndeR flrue �ss�:•.�,...
<br /> : �wWbl��of Ih�d�u 4S dsy�betom a�ch Ch�nae Dau b c�Uod the"Current Indea." �` ."';�.. � —
<br /> '..•' '. If th�Indac b no bn�er�wWbb,the Nou Hold�r w1U choae a nw+4idac whlch i�b�uad upon�anD+u�b in[oroudoa.TIw Nop
<br /> � . . Holda w1U�Ive me aoNce ot thl�choloe.
<br /> _- . iC! �4lCl�a four an� one/half -
<br /> - gdon C6nq�Date,the Nota Holder w18 akul�te my new Interat nte by�ddin� DK�W°
<br /> �• poinu! 4� �K)w th�Curtrnt Indmc�nd roundina to ehe nearat 1/ith ot!9i,�ubJeet to the Uadu itated In Sxtkn 1(D)belaw. �'-'
<br /> � � •• 'IUir rouad«I uaount wiU b�my naw interat nn undl the nat Chu�e D�ta. ------
<br /> � ' Ths Noq Holdtr w1U thea deternalne the�mount of the monthly payment eh�t would be�uf8clant to repay in full the pdncipd!an ��•;;;�:V,�_-
<br /> ', ,'.° mcpec�ed w owe on th�t Chuye Date In�ubit�nWUy e9�WY�ena by the muurlty due at my aaw intaat nte.Tho raWt ot thii aladadon -------
<br /> � ° wW b the new oraount of my montFdY WY��• ----_-
<br /> ,.t.:�,-.,
<br /> , ' (u) ILIn a[.ar.��R.a CY..p. ' -_�.
<br /> ' 3'hbintaat nte 1 �un roqulrod to p�y at the fint Chanae Date wlll not be arater th�n 91 _0 9i or Iw tlun �.�1=
<br /> . ' •�• two oercent . _ �. .. ..
<br /> 4b.Therrafter,my intuat rate will never bo incti-ased or darwed on�ny iin4le ChtnQe D�te by more th�n � � � '�,�
<br /> . � � _(y n) trom th�nte ot interat i lu�ve ban p�yinQ for the precedln�twelve montFu.7'he minimum interat rate on thU tan will naver be .__-�Y^_• "��
<br /> 13.25 Wi. 'A;=i_:iu�i�a
<br /> . Iw�tA�n 6-25 9i�nd the awcimum Interat nta wlll naver be�rater th�n �•-....�.--
<br /> 'y . : ��_�T—'
<br /> �a�y ����a 0��A� 't+.;,i/��"..-
<br /> My new Interat nte will baoomo effxtive on eaeh Chu�e D�te.l wf II p�y the�raount ot my new monthlY p�y�nent bqirmina on tue fint '�'-:`��"�� -.
<br /> � �•• monWy p�ynNat date�rter the Ch�aao Date undl the unount ot my monthlY WYman chu�d�fn. ' � . " .
<br /> , ,�, ..,,� .. ; .
<br /> .. (R) NoUaotCM�
<br /> �, .:• ' '11w Noa Holdu wW m�U or dellver to me�noda beforo ach Ch�nQe Dat�.The noUce wlq advbo me of: , �y..�.
<br /> a
<br /> • (p tho naw Interat rate on my Iwn�of tha Ch�a Date; �"`=� "
<br /> (in the sraow►t ot my monthly payment tollowina the CMu�e D�te; ��'"�."-�.
<br /> (iW u►y addldowl autten which the Note Holder is requircd to dliclose;�nd �����_ _
<br /> '�Y�.__
<br /> • - (iv) the�s of tha wod�doa you couid rnataM reY�Mlu�mY 9uations about the�djwtment notice. .:,��::•:�•;:�,:-,,,.�..
<br /> _ .. B. C1IARCESi UENS . ..
<br /> ° � Unitorm Covenutt 4 of thC SecuHly InsW ment fs amendcd to rwd at follows:
<br /> ' �� 4. C4e�e�i���nower shdl pay dl�ana,usessments,and other char�a,fina,and impositions attributable to the Property whkh may !
<br /> �ttdn�prlority over this Security instrument,ond leasehold payments of ground renu,if�ny,in the mumer provided under par�rrph 2 hereof �
<br /> - or.ii not ptid in fuch mmner,by Borrower making{wyment,when due,directly to the payee thercof.Borrower shall promptly furnish Lenda
<br /> W notloa oP unounb due under this paragraph,and in the event Borrower shall make payment directly.Borrower shall promptly fumish to ,
<br /> I.enda receipti evidencin� such p�ymenb. Borrower shell promptly dischnr4e any licn which has priority over thia Securlty Instrument; .
<br /> howevu.Bortower shdl not be required�o dfacharge eny such lien so long as Borrower:(u)shali ngree in writinQ to the payment of the
<br /> obli�tion savred by such lien fn the manncr aaeptable to Lender;(b)shall In Qood falth contest such flen by,or defend agalnst enforcement of
<br /> euch Ilen fn.lead pra.�eedings which in the opinfon of Lender operatc to prevent the enforcement of thc lien or forfefture of the Property or any
<br /> part thereof;or(c):h�tl secure trom the holder of such Ikn on nQramen�in a form satiafactory to Lender subordinadng such Ifen to thi: ,
<br /> ' � Secudty Instrument.
<br /> If t.rndv detvmiaea that all or anv part of the Pruperty Is subject to a Ilen which may attain o priority over thfs Security Instrument,
<br /> Lender shvl pive Borrower a notice identifyfnQ such lien.Borrower shell setisfy such lirn or take one or more of tMe actions set fonh pbove
<br /> . withln ten days of the QivinQ of the notke.
<br /> . j. ,. ' C. N077CE
<br /> Unfiorm Covenant 14 of the 5ecurity Instrumen�is omended to read as follows:
<br /> f1. Notice.Except for any notfce requfred under applicable law to be Qiven In another manner,(a)any notice to Borrower provided for in thfs
<br /> Secutity Instrument shall be gfven by delivering it or by mafling it by first class mall to Bortower ut the Property Address or at such other addras
<br /> as Borrower may daiQnote by notice to Lender es provided herefo,and(b)any notice to Lender shall be given by firs�class mafl�o Lender'c
<br /> addras stated herefn or to such other oddras as Lender may designnte by nafce to 9orrower as provided herein.Any notice arov�ded fur in thi�
<br /> Securfty Instrument shaU be deemed to have been Qiven to Borrower or Lender when alven In the manner deslQnated hereln.
<br /> I
<br /> t �
<br />
|