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<br /> `��'' ' TE R1DEit 91'r 1U8860
<br /> . ADJU5TABLE RA
<br /> • (1 YMr Tta+m'p ladea•R�t�Gp)
<br /> ' THIS AD1USfAaLE RATE RIDBR b m�d•�hb 24th �r o� Decembcrr ,19 gl -
<br /> �ad i�iaoorpanted lato wd dull be d�nxd ta ama�d+�ad wppfaoeut tAt Matt4yt. t�d ot Tnut. a SewdtY Deed(1M"Secvritp
<br /> ------ ImtrumenP•)ot�Me ame due qvrn by tM w�dcr�it�ed(�de"Borrora,�)to kcure Borrowet'�AdJustabM ilur Nou(�be�•1�lou•q to�Y�
<br /> �°�•=,�:° . �A�L SAYINQB a LOAN A88QCiATiON GF QMND IS�AN�NE�IIA�KA phs��Lend�r•��ot ibe aume dw wd cowde�tbo
<br /> propaty dea'ibed in the 3aurity lo�tnttoe�Yd{oqnd�tt
<br />-:�� . 1718 W Charles Grand Islaml. NE fi8803 ^'_
<br />'' IP►aperty Md�w)
<br /> � "'_._ � 71Y Mlf lNW� /avW�v�wM��M eY���1� �!I�iMMt aif�M�7 M�t�b �
<br /> —=_�.T .7 Mf�-71b.��iWb 14 uw�t�71�Mrwt fs11 qa eWp�t W oM Ilw��aA
<br /> _- .' ` ��! �M 1�t�1I1�i I4 ot�dn��Mt 1 w�l Mlr•
<br /> .��,�•`-'� �.`.
<br /> , ADOITIONAL COVENAN7'S.la sdditfoa w the ooveo�an and yreaaaw m�dr iu ibe Socu�itp la�tramam.Barower aud Uoder
<br /> -- turt0eroovenaouada{ree�sfallowc
<br /> _ -- -~-�ti.� A. IN7ER�Sf'RKiE AND MONTHLY�AYMENT CHANGffi --- -
<br /> ___._- - - 7Le Note provida t«an iaiti�l intaat r�te ot �.75 �11.Secdoa 4 o/�be Nae prwWa r�cMnQa ia�he iaterat race aod tbo --
<br /> —n•� �Y O�Y�b a folbrt:
<br /> a� Y�_�M;,',� +, INTBREST RATE AND MONTNLY PAYM6NT CHANGfS _
<br /> .�. (A,1 Clri�e D�M
<br /> -�_°�`�"��'L� 7Lei�terat tats i wiU pay may chan�c on Ihe(irst dsy ot � an� ry .19 q�.and an t4n dtp evsrY
<br /> �`?��-� . ,_,,, t�.,s.l�moRths tUeraRer.Bach d�te on whieh my iMen�t rata could ch�tqe is alled a"ChwiYQ Date." -
<br /> _ __�:�:; '; (Q) 7'Y�Ida
<br /> ---�-1eQ-��-;� 8eyitmin�with the tirst Chanae Dite.my interc�t rale wfil bc based on nn Inda�.The"Index"is the weeklY�vcti�gt yield on United Stata
<br /> ���=��''�' � � Treawry aecu�iUa sdJusted to A cons[am maiu�ity of 1 year,u made av�ilable by�he Federal Reurve Bwrd.The mwt rcaat Index tt�urc �•
<br /> ._-
<br /> '��-- availabk a1 of Ihe d+�lo 45 days beforc each ChanQe D�te is calkd the"Currcnt Index." __-
<br /> :��,• �1• li t4e Indat Is no lonQer�vailable.the Note Holder wIN chowe a new indea Mhich is b��ed upoa ct�mparabk lpfarmalioa.The Nate u__
<br /> '�``'-'':;��.. l�Iolder wUl4ive me oatia of this chofa.
<br /> -"_-�•l�,.•.{, (C1 Cak�tla�dCra�les
<br /> . --=�"-,�:'�:'� Bcfcxe ead�Chan6e Date.the Note Hdder wiU calculatc my new Mterat rate by addin�r W., R nna�,�a�t peromtaQe
<br /> n. ''. : . . putpu(.2�5 �h)to�he Cunmt Indez and roundin�to the nauat 1/8th of 1�M1.subject to the liqdts ataud in SecHou Nfy1 balow•
<br /> �' � This rounded woount wi116e my new interat nte until the neat ChanQe Da�c.
<br /> _- The Note Holder ariU Ihen determine thc amount of the monthly payment thot would be sufficirnt to reps►p in Yull the pdncipal l am �L'�s;'
<br /> u���paa�'.. h � apected to owe on ehat Chu�e Date in subslantiallY equal paymrnb by the maturity date u my ncw inteRSt rote.The rewk of thf�calculation _
<br /> Y _-- y =' ���.fi wUl be the new amounc ot my mon[h1Y P�Yme��. �_�_
<br /> �'�.a,'.. °�'. . ID) I1wIbwlNleralR�OeGuKa
<br /> ___��,��'�'' � ""' 4.'Ch� interat rate 1 em requfrod lo p�y at the Crat Change Date will not be �rcater thao 8•�S two � �� �
<br /> � � �b.Thereafter,my interat rate will never be increased or decrased on any sinale Change Da�e by more tiun
<br /> '��+"�.���, �`���V� DerCent ������e of interat 1 have been payina for the prceedfng�welve months.The minimum interest rate on this loan wNl�xver be �y
<br /> �`�• S, � ��. �t� 4.75 q�and the maximum interat rate will neva be preater than 11.75 �y.
<br /> «�k'H.. ,t. .
<br /> - � �''�cy+ ' � (E� Ettectla D�le oT G1usa
<br /> - � �.t���� -
<br /> -;� �,;� �'-'�` ` My tKw intaat r�te will become effective on tach Chanye Date.l will pay the xmount of my new monthly paymrnt beaimri�on tht fiel
<br /> -_ ��E:J� � mont}Jy poyment dnte dta the ChanQe Date unUl the amount ot my monthly pryment chanQes�ain. --
<br /> - - ��� --
<br /> ---:1,—�Ft:a �:i'�'., 4,?_.
<br /> = -"���:>., (F7 Notice of CYu�es °
<br />---- "„ ° The Note Holder will mail or deliver to me a noda before wch Ctwn�e Date.The nWioe w10 advhe me oF.
<br /> ±i= �V��•• Y-� ' (i) the new intera�rute on my lan u of�he Chan�e D�te;
<br /> -� ,,:.,,�' (ii) the amount of my montAly prymrnt fdlowina the Chanae Date;
<br />__- �'�`� (iii) any additional maum which the Note Holda is requircd to disclox;and
<br /> �-;� ''��� �.. •. (iv) the addrcu ot the�ociaUon you could conuct rc�rdina anY quesi[oos about the�djuqmenl nalice.
<br /> -��� � ., �,.,
<br /> ` , �. [iIARGF3;LIENS
<br /> f ' Uoifonm Covenant 4 ot the Sn:udty Instrument Is amendcd to read os follows: ----
<br /> 1`'t 1.C6�eai I.M�u.Borrower shdl p�y all taxa,Assessments,and other charges,fines,and impositions o�tributable to the Propeny whir.h may �'•
<br />�Y.:•� � .�'�, atlain a priority over thio Security Instrummt,md Itasehuld payments oi ground rents,if any,in the maMer provided under paragraph 2 heroof ��
<br /> :,�+'' a,it not paid in such manner,by Borrower m�king payment,when due,ditectly to the payee�hercof. Borrower shall ptomptly furnish Lender
<br /> ' ^ oll notioa of amounts due under�his paraQraph,and in the event liorrowcr shall make payment dlrecUy, Borcower shaU prompUy turnish to = -
<br /> ;� • : , :i.
<br /> ' f��� � Lender receipls evidencing such payments. Borrower shall promp�ly dluharge any lien which du priority over thii Security Instrument; „
<br /> "t � `���';5`�.� � however,Borrower shall nut bc r ulrcd to dischuge any such Ifen so lon as 8orrowe�: la)slull a�rae in writMg to the paymrnt of the
<br /> � ,<��.1: e9 Q �;..
<br />'.:,,,+;r ; .�� .
<br /> , . , obli�tion secured by�ueh lien fn the manner aceeptable to Lender;(b1 shall in good foith contest such tien by,or defend aQalnst enforcement ot ��'-�
<br /> .' `„���r• � • such lien in,le�l praeedin�s whi.h in�hr opiniun of Lender operote io pre�em thc mfcYmnent of�hc litn or fort'eiturc of ihe Property or nny q•.
<br /> `-�S`- � '��= ' � pott thercoi; or(c)shall secure from the holder of wch 6en�n agrrement in a form sadsiactory to Lender su6ordinatfn�such Ifen to tAis
<br /> .�, . ;i,.,, ., t�.
<br /> .. ' , �',� Securiry Ins�rumem. ,
<br /> If Lender determines thal ull or anp Ewn oF the Propeny is subjt�:t to e lim which may atlafn a priority orer�his Security Inslrument, �
<br /> •.�,;:.;, . , � Lender shall give Borrowcr a notice fden�if�ing,uch lien.Borrower shall sa�fsfy such lien or take one or more of the adwns set ronn aoove -
<br /> �., � � • , within ten doys of the�ivinQ of Ihc nai��e.
<br /> , .: ,,�� � .. C. N077CE �. �
<br /> . ;,.rjti�., . �
<br /> � :''�:, - Unitorm Covenant 14 of�he Snurity Instrument is amended�o read u follows:
<br /> .. --r:�'1�,�� .
<br /> , ,. • 1�. NWke.Except for any no�ice requircd under app8ct►ble low to be given in another manner.(n)any notire to Botrower provided for in this
<br /> .. � Securfty Instrument shall be�iven by deli�erina it or by m�flin�f1 by first class mafl to Borrower at 1he Propeny Address or ot such other address ,
<br /> `•ti'� - � a�Borrower may desi�nate by nutia to Lendcr as provided herefn,and Ib)any notkY to Lender sAall be given by fint class mail to Lrnder's .
<br /> ��''�•.`�� • � addras stated hercin or to such other addre�s u Lmder may designate by notf.Y to Borrower u pruvlded herein.My notice provided fw in chis
<br /> , .. Secudty Instrument shall be deemed�o have been�tiven to Borrower or Lender when Qiren fn the manner desiQnnted herein.
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