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<br /> __ ._ �the"LenQer':'�ofthss�ma�at�anda_v_v�ug�het�P�9��= �-
<br /> - _- - _ .
<br /> - - in tDe Sec�zity InsCrumsnt�iacEUed at: _ . - -
<br /> - — 2Q04 �I CHARI� (iRANO ISlAND, NEBRASKA ��8¢13-a9Q7 � �
<br /> - � � � . . �iP�+opertg Add�ssl-: �.
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<br />= . '-'�1�flQTECONTAtNSPit01�lSI0�lNS�QVVlttth��A�l1��EStN7'NC�1iT�STRATE �
<br /> ��� .:.:A�ID'�i�C 14RC1(wTlILY PAIIMEM'.Ti�IF�i1IQ'[E Elh�:�AMDt�flTr TH��Ri��VY'r.i�S -_
<br /> ` ,�tNY�iifST RATE CAN CHIlBIliE AT ANY OWE TIME MtD TH$NfAf(IAAilMRlR'tE THE BORr
<br /> � RANtER MUST PAY. '` . . � . —
<br />_ _�-°�� ...... ; . -
<br /> = ' ADDITIONAL G�QiiEiVAI�Pli'�''t1n eddidon to the aovenante and agre�ments made uf tIle Security Iastn�sas�, -
<br /> � � �' �orrawer and LenBar ff+�nher cctvenaiytt a�td�rce as follows: ���,�
<br /> : » �-.� --
<br /> ,=_�t���� -: , 8 . _
<br /> :�,����: �, A.�T RA�AAiD MOPiTHLY�'��}T CHANGffi � � - �� ` iP"•� _
<br /> - R �� ��` TheI�provIdesforaninttealint�scrste�f,�.��,�g�.°b.'�NotePmvfdesforchangeslnthei����a� . _
<br /> �-��_���:- ,�no�SS�!&�a3n�e�ts.as followe: :� - .� � : : ' o --
<br /> T ''i�` 4.AV�Y�'fi�E�ND MONTHH.fiE'EAL�'�1��N�B r -
<br /> ��� - � � .. , , � . , � ---
<br /> �v�12:d ��f�1 - . . . � . . ','- '. : � . "� Y�1Ra.£, .
<br /> �.�� '�<`q,: ' �Ay�8.�'S'� . ._ � . ' . ' ` . H��/��b�+BER � � . 94 ` ,.�f,�t-�,t��`-;��--
<br /> `` x , 't�s�r�����° 't�e nYSZerest ra.�f��I gaY�'�-a��ut�e�st dta9�f . ,I9 .and on tf�at� t Et
<br /> "%� h'=��ti't`�'��;��� evecy iZt�mwnt�tha.after.Ead�alate oa wtsict��y iaaer,est rat�caul�cE�auge�S�d a"Change Date." . ;,az��
<br />. _ .'qk�.� - .1.4.I�,�:.:4�' _ . . -� . - . . '.ts.xr�_`_
<br /> *: ?�! •. ti ` : � . -
<br /> j�;'�� �' ,� ���I@TIIV3C1[�< tltrc _
<br /> �d Beginning with�he 5rst Change Date.my Iaterest rate w�l be based+un en Indac.The"Indes"is the weekly —
<br /> ,=�-;,:�h�:.:��-�J�:�: �..� average yie2d on Uaited States Treasury serurittes adjusted w a constant maturtty of 1 year,ae made availobte by ��
<br /> � �'�:`��� _` the Federal Reserve Board.The most receat Index figute available as of tlee date 4!days before each Cheuge Date ���_
<br /> '�';-� :` : . is calied the"Current Iudox.•• , �'�- �"�`-
<br /> ��--.._. , �—
<br /> � z,.�i. � �. ' If the Iadex is no tonger availabte.the Note Holder wlll cflaose a new index which is based upon campara6le �,, �_ ��
<br /> informat�on.The Note Holder wlll Blve mo natice of this chatce. �°`"`-�-Y::�� —
<br /> t. � .,, CatculaQoa ot Cbnnges i; ���`�;:. .. �
<br /> (� au n .
<br /> - . � `� ,,,�' Sefore each Change Date,the Note Holder will calculato my new interesc rate by addtng T� . y ' •j�c.`;�.`i ��
<br /> s r . percentage poiats( 2.Q00 %)to the Current Index.Thc Note Holder will tEen rowtd �j �' 'I�
<br /> .. . � y .3 ►+�
<br /> � � � ';. ` the resWt of WLa addition to the nearest on�eighth of one percentage point(Q.125�Io).Sub�ect to ehe limits etated �; .�;� :;� _.. .-�• _
<br /> ' '�`��. . :� in S e t K Ioa 4(!))below,tAis rouaded amount�vill be m y new Iaterest rate until the next Cdaage Date. . � ,���'`-;.:��:�: �;�:{�
<br /> . „� � . . The Note Holder wW then detem�ine.[he suiount of the uconthly payment that would!�e suifident to repay �, ;,�Y<:. � _ ���'*
<br /> � .„ � . the uupatd pdncipat that I am expected to owe at tho Cdange Date in PuU on the maturity date at my new interest 't=«:' • � <,�: - '�`:;'
<br /> � - ",`-�=�=-=--�-= rate ia substantially eqnal Dayments.The resul!of thls calc��lation will be the new amaunt of my monttily paymer�t. ��'�,�-_� -=_ -
<br /> .�,� � .' � ..� �"�,... .`4{'`b�� .
<br /> •� (D)Umits on interest Nute Changes -
<br /> i,. .., . �:.�� •� .
<br /> `��� . '[he taterest rate 1 am reguired to pay at the first ChanBe Date will not be greater than 6.7 50 %or Ies�tka� , � �'` .
<br /> s �':;.< : �.�.
<br /> ' . � a.00 °/o.Thereafter,my interest rate will ttever be increa�ed or decreased oa any single Change Date by � .' � ,t...
<br /> � `,`.�;,�;: � . �, more than two peroentage points(2.0%)from the rate of interest I have bPen paying for the preceding twelve months.My � . ' .� �r:' ".
<br /> �f;��:�.,_.. � interest rate wW nevet be greater ttkw 9.750 %. - .
<br /> ; .
<br /> �rY?;"� . . (L�EttectWe Date of Changes � . . `
<br /> � ,. . . . .
<br /> :; •. . My new interest rate wIll becorae effective on each C�ange Date.l will pay the amount of my new moathly , , .
<br /> . .,�1,�.: ..�. ' : � .
<br /> ,�., • payment be8lnninB oa the firat monthly payment date after c�e Chanse Date until the amount of my monthfy pay�
<br /> meat changes again.
<br /> ��'' � (F�Nuth+e of W�nges � _
<br /> �`=�4�� � � The Noto Holder will dellver or mail to me a notice of any changes in my interest rate and tho amount of my
<br /> '� ' � � � monthly payment before the effective date of any change.The notice witl include information required by!aw to � � � �
<br /> r • ` ; ,. : � be gtvea me aad afso the title and telephone nnmber of a persan who will answer any quesdon 1 may have regardiag � ,, `. �
<br /> .; . the nattce.
<br /> �: � � � . . - 8.TNANSFEtt OF THB PltOPERTY OR A BENEFICW. IN7'EREST IN BORROVYER • . .
<br />�. ' Unlform Covenant 17 of the Security Instrument ts amendod to read es follows: ,
<br /> �. , Transler o!tIIe Yroperh or a Benefldal Interest in Borro�vei.1P all or any part of the ProDerty or any interest
<br /> .�" • in it is saatd or tra�osfeaed(or If a beaeftcial interest in Horrawer is sold or transfened ead Borrower is not a nat��il
<br /> - � � "°' person}without Lemder's prlor wrttten consent�Lender may, at Its oDtion�require immedtate payment in futt of
<br /> � ; . ` �� , . � all sum�secur�(sy tl�as Security Instrument. However,tE�is optioa shall not be exerctsed by Lender if elcercise is � �
<br /> ����:'�. � . � . . �� prohibited by f�.1aw as of the date of ch%s 5ecurity Emstrument. Lender also shall not exerciLe this optiom if: `"
<br /> '� .. (a)Bortower causes to be submitted to Lender infomvzsicea reyuired by Lender to evaluate the inten8ed tranafe�ee , ;
<br /> � .;��'_�'. as if a new taan were bein�made to the traasferee;aad�fsy�.eader reasonably dcc�rmiites that Lender's security _
<br /> ...�i' ,;�.
<br /> ' '' '' will not be impaired by the loan assumption and that the riSIs af a breach of any coven�at or agreement in t6is Securi• �,,� � .
<br /> ty Iasuument is acaptable to Lender. �
<br /> ' � ':s.�. ., To the extent�ermitted by applicabte ta��,Lender may charge a reasonabte fee as a condirion to Lcnder's con• :'
<br /> � ' sent to the Ioan ass�m�tion.I,ender may atsfs requiro the transferee to sign an assumption agreement that is acc�pt- � �
<br /> - -='-�—�� �� able to Lender and that obligatea the transferee to kecp atl the pramises and agreemeata made in the Notc and in __ .__
<br /> .��.-�: T%����= thls Security Inswment.Borrower wtU continueto be obligated under the Note and tWs Sccurity lnstrnment untess � �
<br /> r .`'. - = " Lender releases Bosrower in wrIting.
<br /> ... MLtTl9TATE AAlUBfABLL RATfl N10ER-AAM 6�A-S�n9te Fam�h►-iamy M+�lFnddr�eo UNtatm 6ubt�fant icee�8111 8188 .
<br /> .�, ' ' ���ab� VAAPMOpTQAGIi0itN3�13131�93-810p�180015�t�1391
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