|
::� __
<br /> . �. :_
<br />_ �.. , . , -
<br /> ? -: . �:- - ---- ____ _ - - - -
<br /> .�.� �. . s . .. . . �_ • . ' � '. • . . . ( J ' ( ' . . .;�'.. ^ � 't � . .(� ' �. L �Y �t.[ `
<br /> ' �-. . . _. i� � � . � i , '� •� • ♦ . • ' •
<br /> [. � ` � �. � `�.�` r ` '� . ,._ . '` ` .� . ' � t . ��+r ��. `�I__• / }•�` �
<br /> , � . ` ' . 1 � a .1 .
<br /> � AI�USTAfLE�lTE i�ER' � C
<br /> �.t . . � . Ci YMr ir�wr�Liia—�sie C� . � t1020�30902 � .� . � , `
<br /> • l t . . . . . , .� , .
<br /> � � . Tf�ISAt)7t1STA8LB1tA'18�tIDERismrdethiE �a'T!i �►or��JANUARY , , ° ,l9 p; .rdli
<br /> � � ioaarpoiated into aod sbaII be demn�d to�omd and wDD���MK.�of Tmt ar Secucit�r Deed(tLe _ '.
<br /> ••Secwil.y i�trun�t•h of t1�e s�ma�te�iva�by ihe�mdar�red(t8t."Ho�mw�c,�)to aecure Boerow�er'i Adjcuta6iC .
<br /> � ` Race Noca(t�e�iote"l w �• Ew;t�ll.fi�9ttiq a tor A�wei�tit�ot ltqi-IfHN;x�itsltt,'A ` :
<br /> ` iiMtti-�aYi�!s.Wit ` (tbe"Leadei"�oE tbe tame d�e snd oov�aia�tIn pro�ac�r daa�bed � .
<br /> in tLe S�y Int�rummt aad ioeated u: • , . , �_ . .` _ . . .
<br /> 408T MI CAPI'EAi. AVE ORIIND ISlAND, NEBRASKA �688�3-t f f 7 � � .
<br /> (�+�f►Md�e�l � . .
<br /> ' ' TE�NO'�E CONTAMS M�OVISIOMli ALL0111f�1(i FOR CHANOES MM TEE Nt6�3T MTE `
<br /> � AND�HE ii�ONTFN.Y PAYMEIr�.THE NOTE LMfiB THE/IM0IJNT T!E sOM10WER'8
<br /> N�EST itA?E CAN CNANQE AT ANY OII�T�Allq TEE MAIaAtJM M7E 71ElOR-, •
<br /> ROYYER MUST PAY. , .
<br /> •� � ADDITIONA�:COYENAN75.`In addirioa to tLecave�aats aad s�eemenu q�de ui tLe 5ecurit3►In�+ .
<br /> Borro�►er and I.ender further coveaant and aga as foTiows: . - .
<br /> A.IN1'E�EST W"lE AND MONT�.Y lAYMENT CHANGFS, � .
<br /> Tbe NQt�e P�wides for aa iait�l intue.st r.tte of 4.750 �i.'17u I�Tote provkks for cban�es in We i�ae�t rata aad tLc • �
<br /> � �Y P;Y�ts.as follows: , . �
<br /> �.�.�_4.INTEREST�ATE Al�ID MONTBI.Y PAYMEKT CHANGES � _ .
<br /> _ (A)�a� � , .
<br /> Tt�eintarst rate I wN pay may change on the firat day of FEBRUARY ,19 95 ,andon tl�t dayr .
<br /> � . every 12tb month t6enafter.Each date on wluch my interest rate coWd change is callal a"Change Dau:'
<br /> -_ . � (n Tre I�Oa� , ' '
<br /> . .. , Begmtring w�ith the 6rst Chaqge Date,my interest rate vir�.�e ba5ed oa an Index.The"Indea"is tLe weeldp ,
<br />_-=_- aver.�e yietd on Uniud Stat�s 3'nr.�.�ury securlties adjustod����nstant maturIty of 1 yeae�,as made available by ,;.�.,_.
<br /> -- the Foder�l Reserve BoaEA."fhc s�s¢receat Indea figure 'ac�.?a�eas of�he dace 4S days:before each Chanje Dace::,,;:;�:. .
<br /> '-� is called the"Curreuc€ndt�." . . ,
<br /> .1�:;; If tl�e Indea is riv ton8er availabte,the Nate I�tolder wiD choose a neov mdeac wLich is based upon comparable
<br />-�°�'� infondation.The Note Holder vr�1[give me notice of this choice.
<br />_-g� .
<br />--;'�:; (G�Ctk�htio�oi Cia�e�
<br />:.�:;,.
<br /> &fore each Change Date,the Note Holder vn'll calculate my ncw�interest rate by adding •
<br /> '��` percentage points( 2.000 hi)to the Cunent Induc.The Note Holdet will then rouad
<br />=.:'�:,;,, the raWt of this addition to the nearest onacighth oi one percentage point(0.1259i).Subject to the limits statpd _
<br /> -- in Satioa 4(D)below,tiris rounded amount will be my ntw interest rate until the next Change Date. _--_
<br /> ' The�Note Holder will then deteimine the amount of the monthty payment that would be sufficledt to repay
<br /> s Y `' •
<br /> "`4��� the unpaid principal that 1 am expec�.ed to owe at the Change Date in full on the maturr:y date at my new interes¢ � {'� _�-
<br />'`�f;�'�''� rate in substantlall ual a ents.The tesutt of this calculation will be the taew amount of m mont6l a t: � " ��_
<br /> •,�, . Y�4 P Ym Y Y F Y�P I',�: .
<br /> t ::,:
<br /> ,:�
<br /> ,. ' ,N?Limita o�Interest Rste C6aages " , , {, ��_,J,:
<br /> ,�'' 7be intere,st iate 1'�n required to pay at the first Ct�ange Da�e w�7!not be grrater than 8.T 50 °.'.or kss tT�ee . , t `:;.
<br /> 4.Otl ni.TEsereafter,my iatecest rate wiU never be increased or decreased vn any single Ci�aage Date 6y i�`•;,��" � _
<br /> ''� � mpt+e than tyvo pera�points(2.0�10)froin the ratc of interest 1 have boen paying for the preoeding twelvo months.My . �s`i . .
<br /> - interest,rdte wiII tx�eQ Ihe gre�tet than 9.750 °�e. �'",
<br /> - ''''<:, . �}�ffective Date ot Cra�ges � �
<br /> �}'''"��' My new interest rate will beoQ.a�e effective on each Change Date. 1 wiil pay the amount of my new monthly
<br /> !�:�;.',. ,
<br /> :.x,.,.,,. ��• . �. -.
<br /> �.��: � payment beginning on the�rst montfily payment dau after ehe Change Date unti!the amount of.my monthly Day- � ,-
<br /> -:�_••g� ment changes again. 1`'.,
<br /> ��.,�';�'"7 (F� NoNee ot C6snses ; .-1;;';.
<br /> -- -_° The Note Holder will dcliver or mail to me a nodce oi aay changes in my interest rate and the amount of my � ,,: . . ��_
<br /> ---= monthly paymmt before the effective date of any chenge.The notice wiU include information required by law to ' '
<br /> be sivrn mt aad atso the title and telephone number of a person who will answer any quesdon 1 may have regarding � ; ���
<br /> the notice. ��� ,
<br /> S.7'MNSFER OF�'HE PROPEit7'Y OR A HENEFIClAL INTEttEST IN BIDAROWEIt ; ` ;.
<br /> Unilorm Covenant 17 of the Security Inmument is amendcd ts read as foflows: E , :
<br /> Tn�kr o!tie rropetU or s BeaeAcial laterst i�Borrowrer.if ap or az►y part of t6e Propeny or any lnterest ___
<br /> ia it n soW or transferred(or if a benefic�al interest in Bonower is sold or transferred and Bonower is not a natural � ,• .
<br /> � peraon) without Lender's pdoc writtrn consent,Lender aiay,at tt9 opfion,require immediate payment in full of �� • _ -
<br /> � a]1 auais secured by this Security lnstrument.However.this optian shalt not be exercised by l.ender if exercise is ' -
<br /> probibtted by feder�ll law as ot the date oP this Security Instrument.L�ender atso ahal�aot a�ercise this option ii: I � �
<br /> � (a)Borrara cawa to 8e submitted to I.ender infornoation requir.ed by Lender to evalwue the,iatended transfera . �-'` : ��
<br /> a�if a n�r loan were bdna made to the transfera;and(b)l.ender reuonsbly determina that Lender'a security ! _.: :• .
<br /> �1 aot be impaired by tht Iwn auumption and t1W the risR of a breach of any covmant or s�reement in this Srcuri- �. " ,
<br /> � t�r t�c is.acceptabk to i.ender. . ' r .
<br /> -_'- To extem permicted by applicabk t�►w.l.eeder msy cturse s reawnabk fa a��condidon to Lender's eon- E.:.
<br /> . � _ _ - ie�t ta[�to��ptian.�.rader�y alw icqoue tiie trmiferee tu sipr an ass�mnpl�n t�rtenieuE it►s�t isr arceDt=- - - -
<br /> abk to Lender�ad tl�at oblljatn the transferee.to Reep a11 tfae pcomites and�freements made in the Note and in �� � •
<br /> . t1d�Sec�uky la�roa�ent.Borrawer will.continue to be oblipteA nnder t6e Note aad this Security Instrument unless i '
<br /> � LReder rdaaes Borrower in writias: . • ' . � �
<br /> � � . G �p• s . �
<br /> . ru►mwn�r�aie�►�wow-�ras-sry.Fa�w-�«�ww«rt�.w.ur�rw�wn r.�.s»>u�s . .
<br /> , ' �•.�,�tArw vrfroitrw,aE�ars•ca�aayatao.t�m�u+.st�� • ,
<br />
|