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<br /> .�. . � , . : " (1 Y�r'1'r�rrf�Mrs--�a�k C�.. . ` .0020Q26838 �- .
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<br /> TH�$ADJUSTAHiER1lTERIDEi�i�m�detti� gOTH +1�Yof •OECEMBEA • �.14> 93 .aodit � .
<br /> i000ryorued iato and s1wU be damed to�heod aad wppkoeeat tha Matp�e.Deed of Trurt or Sdc�aity Deed(tLe .
<br /> ,�i��t'����CS/1�G�tl����l�f����tQSONiG�OFl47Y�'ll��t�E E� . _ _
<br /> � RsteNote(tl�e"Nace")cd TA�Equit��ie Buildinf�nd lotn Assoti�tion ot 6rtnd Itl�el,Mtlri�lt, A . ` . �
<br /> Ftden} SfYinls l�nR tthe•`I.ender")of the�amr date aad oaraiy tbe v�D�y� � .
<br /> in tbe Sxnrity Instrumeht and loat;xf-at:= . • _ � .. , •
<br /> .4�IJ� bEL.AWARE GRANn ISLANQ, NEBRASK�4 688Q1-8Q40 '
<br /> , :(Lo�;Seven (�7�, Ja�san Subdiviaiort, t�Q tfie�of Grand Island.Hall. Courtty. Nebraska.�
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<br /> .i� � �������'�T���������
<br /> -- 11�1D� MONTIitY PAYM,EN�';.THE;IW)i�;i�Yp;'�'��'tH��/IMOtMf THE dO1�q01lYER'S .
<br /> , . N7'ERESTMTECANCHAMG�;AtMIYt1N�;t1JjI�NNNf�.'CI�MAXMYNJMRA'fETHESOR- , �
<br />_° ROWER MtlST P�1�f, "=:>`% :_�,. . � .
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<br /> =_ - . ennrrioNwi.vo�rr�s:�a�a�t":."t�." � ..,:,,�,_;.:. � ...
<br /> tlo�'�a'�j► oovenants`asd ageemencs made ia tlie Security ImRn�e�t,
<br /> _ ;�rracva and t.ender furtUer cove,uaut�aa�drri�M�'�;����q�ows: . � .
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<br /> • _ '.A;�;I��TEREST RAT�AND 11�ONT$Ir�.�A�1i�11,�C�lANGES . ' i. ;;';:. :
<br /> �i9'ieN_{o,�t,��}�'td�s foian iaitial intae.st c�tcof,�:'7 5� .�K.TheNoteprovides for cLanaes id tbeintaeat c�te�ad tbe `
<br /> � ���Y'�CRtS,S4 fOIIOWS: .E.�'�: ; :t.l.�'�( !`' , '"t, .
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<br /> ;� '�`'�s.'f1VT�'�RATE ANb MONTALY�A�IYT'CHANGES " • .
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<br />_ :�:: (A)�Dates _ .. . -- �
<br /> _✓;:�- --- ' �� The interat rate I wiU pay may tiisi�e on"t6e t`itst day of JANUARY ` ,Z9 9� ,and on tLat dsY
<br /> : every 12th month thereafter..Each d�te'ua;wluch my interest rntt coald ehanEe is caUed a"C'hanga Date."
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<br /> ° — ��;,,�:�:�:,,-,, `:,� ;. Beginaing with thC..�'ust�hange Date,mY_iq�cest:tRta will.he based oa aa�ia�c.Tl�e"Iridea','3�i���caYJy. .
<br /> �;. . '� �� avecagc yteld on iJnifed�5taus Treasyry aecurities'adju.stQd to�t�omstant maturIty of 1 ytar,�Is:taSr�c`..;�k by �
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<br /> .;n�;;.._____ �����=�•.,,'''` , the Federal:,Rese�v'e Board.The moff���ecctit�Inda�figuiq,8i�$il�ible�a§j.yof the date 45 days befoireach Gfian�e Date ' �
<br /> ��J.;.'�:t�4.'.N.A i' (,1 . i 7
<br />-;:- - �:. .r. ��arrene Inaax.'• :�- . f��...�: . . ; .
<br /> :;i�s�: . ':�.:� is cuflecl��b(c• A .:: ;_� , ;, . . .�t;,,,;,;;�...,
<br /> �. , ' If the-�niler�is no ton�er availablk�the Note Hotde�rov�ll chuose'.�a new index which is based upon comDarable
<br /> . t infomiatlon. Tfie Note:Haider.will give me notice 4f�.tLis chpl�e:�
<br /> - - ; .,.;
<br /> - � ' (G�Gteohtion of Ciaages . - '=:'���.
<br /> � ° . , , Before each Change Dat�.the Nptc Aalder will calculate mynew�nterest rate by add'mg� �
<br /> - � • � percentage points:(.::2•000 7i)to the Cwrent Index.The Note Hotder wil!then round
<br />- .� t6e result of this addition to the nearest onetightb o�oae percentage point(01239i).Subject to the limiu statod
<br /> � �'%E{'` . in Section 4(D)below,this rounded amount will be�:my new intcrest rate until the next Change Date.
<br /> �..E�rl�°.� � `
<br /> � , --- ' The Not�Hoider wiU then detem�ine the amo�riit of the monthly paymrat that would be suffictent to repay
<br /> �� � �- . ,�.��ja . the w►paid p�iaqipal that 1 am e�cpact�d to:owe at the Change Date in fu11 on the maturity datc at my new iaterest �
<br /> � ;;:%�;� � rate in substantlally equal p�yments::The.resnit of this caiculat�on�t°be the new amount of my monthIy paymrnt. � �" � -
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<br /> -.. , � (D)UmI�oe Interest Rate Ch�nses '." .. � -
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<br /> - :y;.�.;.-. .: �. Tt�e interat rau 1 am roquired to pay at the fi��ge Date w�7[nat be grcater than 6.750 ni or las than �_.
<br /> , 4.00 %.Thereafter,my interest ratc wlll,�ever be�nct�qscd or decreased on any singte Change Date by
<br /> ''�' :a�ore thar�two pererntage.�aints(2.OQIe)from the rat`e ai`idterest;i�ave been paying for the preceding tweiv�nwnths.My �
<br /> _ :.'��;1, -._... . � . �sferat tate will ncve�be greater than 9.7 50,.} ' ��%: • • . �
<br /> . , � (E)Etfectire if�te'ot,C6anges ::��: ; ,�` ��� ' .
<br />, ��.. ' � ,;;!.�; My novi��interest raic will become effective on'eacb Chan�e bate. 1 will pay the amount of my new monthly ., �, �.
<br />_ •_� , •;,,`! • , payment beginning on thc first monthty payment date after the Chetttge Date until the amount of my monthly pay- F
<br /> , '�. ;��,;. ;ment chanaes again. '; . , �
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<br /> '.4.;:�. . �f�;�. . ,c, (�NotkeoiCY�ages �: , ;
<br /> � - ,•,:fi��;�,.- � � . `' " � The Note Holder wJU deliver or mail to rne u:aoNce of any changes in my interest rate and the amouc�s of my �-'
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<br /> ;�;ns.,,.� inonthly payment before tfle eFfective dAto of any�efiuiige. The notice wi11 include inPormation required by law to
<br /> �� ' '"' `���', . 6e aiven mo and also tlte tttle and telephdne aumber of a person wfio wiU answer any quation 1 may have regardIng , ;
<br /> _�.� ',� .,.!�;;:' ;' the notice.
<br /> --`'� '':-,•:�, -'� �:TMNSFER OF TNL�P1iOPER'j'Y OR A BENL�ICIAL INTERFST IN 80RROWEtt �
<br /> �� Uniform Covenant 17 d�'tho Savrity lnstnimeat fs amended to read as fnllows: i
<br /> =� ' Triuu[er ot tbe Prope�ty or s Bcuetici�l i�te�eat Cd 8orro�ver.!f all or any part of the Property or any interest '
<br /> `— ' � ia it 1�soId or transfened(or if a beuet{ciat intaest in Sorrower is sold or transferrrd amf Borrawcr is ndt a natural �
<br /> ��� . . person)wiWout Leader's pdor written cansent,}.ender may,at tts option,require immediate payment in full of '
<br /> - all sums aecured by this Security Instrument. However,this option shall not be exerdsed by Lender if exercise is !
<br /> — pmhibited by federai law as of the date of this Sccurity lnstrumrnt.�.ender also shall not exercise tLis option if: {
<br /> (a)Horrower qnsa to be submittsd to Lender information reqvlred by Lender to eva�us�te the iatrnded Uransferse i
<br /> = ss a°a nerv ioaa were i�eing made to the transferee;aad(by Lendec reasonably determines tnu LendePa aecurity
<br /> - w�71 not 6e imntired by the lwin assumption and that the risk of a brcach of any ravenant or aprem�rnt in this Securi-
<br /> tSr.Imtrument i�acceqabk to I.ender. � '
<br /> --___�-��.--� � To ttse cztc��rcr�tte�by�splicahlc ta�sr,I�dcr may*ch�s�e a rczsanabte fee ss�co�xi[tiarti ta LeuQer's con- � � '-
<br /> seat to tbe lo�n as�umption.Lender may�lso requirc the tr�nsferee to sign An assurnption a�reemenE that ts accept-
<br /> abk to Lender�ad chat ablisata t6e transfera to keep all the promises and a=rerments made in the Note an+d ie
<br /> this Security Imtrument.8orro�ver will cont3nue to be obli�ted under the Nate and this 5ecuriry Instr�meat unless �
<br /> � l.ender reiafdi Borto+ver in writins. � . •
<br /> MULtItTAf!AO�NKTA�LE IIATt IIIOl11—AIMi i!-8tn�i+n+tN-1�iWiFiW�Yro MNIrn�Yrrw�� A � �itt t 81�i '
<br /> —••�IMp� VIrY01tf0A8li0M!!•Ht�12ll�tOQ�(�OD1S2/J2{t � . —
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