Laserfiche WebLink
99- �.�ss�. <br /> �Q� Home Equity Access Line Rider <br /> Nd1WEST8ANKS <br /> 11111 <br /> //�//� <br /> (Open end credit with variable rate interestl <br /> This Home Equity Access Line Rider is dated _ 0 81 C 9/_19 9 9 and is an amendment to the <br /> Mortgage or Deed of Trust ("Mortgage"l of the same date given by the undersigned("Borrower") to secure Borrower's Home <br /> Equity Access Line Agreement with NORWEST BANK NEBRASKA , NATIONAL ASSOCIATION <br /> _ ("L ender"J <br /> of the same data covering the property described in tl�e Mortgage and located at: <br /> 2412 WEST KOENIG GRAND ISLAND NE 68803 <br /> Propertv address <br /> ln addition to the covenants and ag�eements made in the Morigage, Borrower and Lende�further covenant and agree as folJows: <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 thP credit limit for the line of credit. All advances made at any time by <br /> Lender in accordance with the terms of the Note, and all interest on the advances, shall be secured by the Mortgage. <br /> Howeve�, at no time shall the principal amount ef the i��debtedness secured by the Mortgage, not inc!uding sums advanced in <br /> accordance with ihe mortgage to proiect the security of the Mortgage, exceed the stated credit limit for the line of credit. <br /> 3. The Note provides for: <br /> a variable rate of interest expressed as a daily periodic rate equa/to 1/365 of an annual rate of p,�5 % <br /> plus the "lndex Rate." <br /> The daily periodic rate may increase if THE HIGHEST PRIME RATE <br /> PUBLISHED IN THE WALL STREET JOURNAL 'MONEY RATES' TABLE <br /> (the "lndex Rate"1 increases. The inrtial darly periodic rate is ,p23 g�2 %. This corresponds to an annual <br /> percentage rate of g,�5 %. The annual percentage rate will never be more than 18%. The daily periodic rate will <br /> be adjusted on the first business day of every month, using the lndex Rate in effect on the last business day of the prior <br /> monih. An increase in the daily pe�iodic rate may increase the month/y payment due. <br /> NOTICE; TH/S MORTGAGE SECURES CRED/T/N THE AMOUNT OF S 4 5. 0 0 0 . LOANS AND ADVANCES <br /> UP TOJMfS"A- UNT, TOGE R W/TH/NTEREST, ARE SEN/OR TO/NDEBTEDNESS TO OTHER CRED/TORS UNDER <br /> S SEQU TL Y RECORD OR F/LED MORTGAGES AND L/ENS. <br /> .� �c��.� �'I7 �ln�.�v��� <br /> orrowe�'s signature Boirower's signature <br />