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<br /> ——� ADJ[JSTABLE FtATF�21DER —
<br /> -. - -__ pYear7tcesnrylndex—RateCaps—FlxedRaroConrcrsionOptlon)
<br /> -��'`"��—"��--- THIS ADJUSTABL6 RAT4 RIDIIR is madc thle 23RD dnyof A�OUBT �g 93 ,nnd is --
<br /> ' Incorparalc�l inro and shnll be deomed to amand nnd supplement�he Mnngnga Dced ot7Yuat or Security Deed
<br /> (Uip"Sccurity InsuumenC9 of�ho smnc date given�by thc undcrslgncd(ihe"Oo ro r" curc porrower e � �'�"�
<br /> n', • Ad ns�nblo Rntc No�c phc "Nmc'•)to NORWEBT MORTOROE� INC. � A �li�1�16��'��i
<br /> �,�p, ` ' _ CORPQRATION (the°Lender")uf�he semc dntc nnd covcrins�hc property dcscr(bcd in ��, - �
<br /> d tho Secnri�y insirumcm and locnted a�:
<br /> i j{. `i"�t� -
<br /> ti �t�.. u - ;_� a�w�r.__-
<br /> ,'} , :4 1908 WEBT OKLAHOHA AVE ORRNU ISLAND, NE 68603 '��Y _�
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<br /> (PrapenyAddrcss) , n
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<br /> �=� THE NOYH CONTAINB PROVI810N8 ALLOWINQ FOR CHANQEB IN THE INTERF.BT RATE �rs; � '� ���`.
<br /> v : <::-t � ,r._�-:�,
<br />. '����i ':+ AND THE MONTHLV PAYMENT.TH@ NOTE lIM1T8 TH8 AMOUNT 7H8 B061140WEfl'8 - . t:--;;�:;,.s-i._
<br /> 1� ,>+�,- ADdUSTAHL�1:lT��SEST RATE CAN GHAKQF_AT ANY ONE TIME AND THE MAl(ElAU09 , ' �
<br /> � - -'� WAT� 409� 806iU1m1N�Pi 01llST �AY. AWE [`dOTH AL90 CONTAtNS T7lIE -F-ir .- " �
<br /> + ' } OPT��N z0 CONVERT THE AWUSTABL�FlAT�TO A IFUSED RATE. ';: ` f'(3 'y*_
<br /> � ���i 's
<br /> �d �. ADDITIONAafO\'ENANTS.Inaddi�ionmthewvenanisnndaerrementsmndeiniheSecariry•Instrument, {nt;� � ��.
<br /> ;,t�}t6 Borrower end Lender funher co.�enant nnd agrcc as follo�vs: -�,n,S, ` -�, :-
<br /> ,c, +, �. , 5� 4� -. ..
<br /> ,��{�`_'�i A.ADJUSTADLLRATEAhU\fONTHLYPAY117ENTCHANGES � ' •` 8J -fi -.
<br /> ,_ r._.�:.i�� The Note pro��ides for an ini�ial inierex�rate of 5.000 rk.The Note providcs the changes in Ihe aJjus�able f�. � ''`C jyf r�
<br /> 'S� � 4 .:;
<br /> "' '� � interest mle and�he momhly paymems,ns fnllm}�: ',.+�'i�::4(��'-�°,
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<br /> ' 4.AUJUSTAULEINTERESTRATEANDMONT}ILl'PAYM1IENTCHANCES 'j r -���
<br /> S , �-� �� (A)ChnngeDeles ' i .�
<br /> i The adjus�able intercst rate 1 �vill pny mny change on the first day of BEPTCMBER �� 9A -�• y � ,
<br /> - nnd on�hnt day every 12th month ihereafier. Eoch dme on�vhich my ndjustnble interesi ra�r cm�lA changa is -�`., --� ��...
<br /> r,4 ca11eA n"Chnngc Dalc." � ' �`�
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<br /> �t�t�:_ (6)Thc Index� .;yfiJ' ' ,�.�i',:ksr�:
<br /> H� F_}j � 6eginning wi�h�he(irsi Change Da�e,my ndjus�ahlr in�eresl mte�vill be based nn mi Indet.The"Indes"Is �, �, �.F ��
<br /> t���l��; -: �he weekly avernge yield on United StntesTrensnry ucnriiies adjus�eJ to n cons�nnt mamri�y of I }ear,as made -"�f�tl,>i,rf.nrx:`,
<br /> avnilnble by the fed�ral Reserve 13onrA.The mos�recem Indes figure;rvailnble ns of the dnir d9 days before euch i,� � ` �,'� -
<br /> r�3n -.'- ChnnEeDatetscnlled�l�e°Q�rrentlndex.° y' „s,.-.;�}:�
<br /> �.'::'-'� • lf ihe index is nn longer nvailable,�he Note Hold.r�vill chnose a ne�v index Iha� is 6ased upon enmpnrabte � 5.•,.�---��'���^
<br />- - J,.!_;. . .,•L`.±
<br /> � tiµ� i� _� infnrmniion.The Nole Holder will give me notice of�hi.chnice. �-.� r � . ! -
<br /> (Cl Cnlculn�lon of Cimnges 2,750 � `a
<br /> i��o�,. - �, BePore ench Change Dme. �he Nnte Hnlder o•ill calculaie my newmterea rate by ndding ... �,__,��S 4
<br /> `�A'�p � --. percenmge poim.( Z�750 S4)Io the Currcm Index. The Noie Holder will then raund 1he resuli of�his aAJition �-h ( _
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<br /> tf �0!.'I �o ihe nearesi one•ei gh�h of mir percent�ge poim ll).I?S�f 1.Subjec�tn ihe limiu sta�ed in Settion 4(Dl below.�his �i�li�,��/� i}}j'ii:?s�'�%�
<br /> ` � � --' • roundcd antoum will he my ne�r intcresl n�c uNil ihe nrrt Changc Date. -�'���I�i � (J�r�� -..
<br /> �s 1�t� '} The Noie HolJcr will �hen de�ermine�he amnum nf�hc momhl��paymem �h:n�cmdJ 6e su(ficieN �a repay . '�s'fq� '�t' _, 7�-.;.
<br /> i�f�f� �- �he anpaid principal thm I:un ezpec�eJ�o m�e at�hr Changc D:ne in G�II on�he Miuuriq�Uate a�my new interesl � , 'i-�."7�"•:.
<br /> v�-_� = ratc in snbs�amially.yual paymcros. '!hc resuh n( �his calcula�ion n�ill bc ihr nc�r amoum ol my momhly� P�5' r.-' �f
<br /> 5 -� ment. � ...
<br /> ,�,+�� . .:, ID)I,Intlts on h�lcrcst Rnlc Chnnges �':- ,� : .:....: _ ,_.
<br /> .- Thc inierca�r.ue I am reynired io par a� ihc lin�Changc U:uc�edl not ha grca�rr �han 7.000,-� �r Ie.s ' - - i - -:;'•
<br /> ��:. -� �- �han 3.000 cf.Tlxreafcee my adjmtaM1le inierc,i r.ue�cdl nenrlx incm:ned orJecrea.ed on am .ingle Change Dme . . - -- .
<br /> � � by morc�han TWO �xnzmagc pninn.�� z�41 trum ihc ntc n(imcre.�I h:nc Ixen p.ning f�x thc prcceding I?monlhs. -
<br /> M1y' inlerest nle ��•ill ne��et h grc.ler Ihanl l.OOO�i.ahirh i.c:JIcJ�he"\1a�imum Rale:' � )� � �.
<br /> �'_ �, ._,� (4:1 Effecll�c Datc of Changca -�i -- -
<br /> ��';;;�i'-. - \1��new imere.�rat. �cill hernme effecii�e m�eadi Changr Date. I �cill p:n ihe anmunl ol m��ne�c mnnlhly � ' � '
<br /> paymem heginninF on �hc fioi monthh penmcm Jaic al�cr thc Chang. D:nc unlil Ihe amnunl ol m�� mnmidy I
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<br />- {n��mem ch:mgc.again. ;
<br /> iP�FoticeolChnngc. � -
<br /> � . Thr Nnte Hu1Jer���iii Jeli�er or mail �o mr a m,urr of:m� ch:mge. in m� aJln,�ahle imrre.� r.n. :mJ�he , -
<br /> - , amounl of mp mnnthl)� pa)intnl hciirte Ihe rllrcli�r Jalr ol:im rhange. The nnure ��ill in:luJr inform.i�ion � -
<br /> .. . . rcyuired hy la�c�n hc gi�cn mc and ahu Ihc�f�It:mJ Irlrphonr numhrr ul a prnun�iho�ull an.«rr am yncNinn .
<br /> _ . I may ha�c rcgarJing�hc nnuac.
<br /> - U.PIXEUIN'fERFSPR.CfEOPPION
<br /> - - Thc M1nlc prnciJc. Ihr Ihc Rnrn,��rr�,oplinn I.,:nmcn trom an aJl��•�.hlc nv.rcN r:a. xiih mlcrc•1 r.�tc
<br /> � � limils la���eJ mlere�l rale.a.follo��.:
<br />- � - ��� S.FIXGUINTF.RGtii'RATF.COY�'F.IttilOY01'1705
<br /> � (A1 Option to Cum�crt tu fixcd Itntr
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<br /> 1 hace a Conreninn Op�ion �ha� I can e�a•rci.r md... I am in d.lauh „t Ihi+ tierliun�tA�xdl nut p�•nnu
<br /> - - me �n do so. The "Comer.ion Opunn" i.m� upvon In c.�m�n Ihr imcrc.l rai: I am rciryfred In p:n b� Ih�. Votr
<br /> � - (rom an aJju�tahlc ralc���i�h imrrc.t rotc liini�.m tlh O�cJ ra�c r.duilcnrJ undcr tiecb�m s�ll�Ixlu��.
<br />- '��i.. ; "!he conceoion can nnh c�l,e place on a J:u.�•i .pr:ft�rJ i,� iiic Y��ic HulJrr Junng Ihe periaJ b.gimm�g nn
<br /> �.�.)�. ",�`.,.. Ihc finl Changc Dale anJ cnding on thc fi(�h Changc Ua�r. liadi J:dc on xhrch m� aJju�iaMc inlcrr.l ralr a:m
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<br /> �,� 7 romcrl�n�hc nc�c fitcJ ra�c n callcJ ihc°Cnmcr+um I)atc...
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