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<br /> THIS ADIUSTADLB RA78 RIDBR 1��th4 18TH �y o�_ FE6RUARY ����
<br /> � and u inoorpor�trd quo�nd�iWl be dNm�d to�wd wppirmmt tlw MonW��DMd ot Trwt.or S�cwAy W�A(tbe"�curhy IMUw�w"►ot
<br /> th!fYl!!d�t��YM by th!Y6drf�jtlb(tll���HOIlOWlf��)t6 MCYI�y01f01M�f�{I�IQ�Yp��11f Rtlf T'IOIf(l�lf���'10l����!O
<br /> - �Q(tMe•�Landa•�)of th�wsN due�nd oowriW t6e OropwtY dseHb�d In tht S�cwky liuttunMat�ad IoaNd Ys
<br /> — _� PARCEI. 1 : 909 W. 1 ST ST., GRA(1� ISLAND, NEEsRASKA 69@01
<br /> _ -- onprc� �. ��� c �nu� �T �RJ�ND ISL�Nn� n�waa�Kn �;uprn
<br /> - (Propetty Addna)
<br /> TMis rote rn�tal� YrovWau �MowIM tor cYN� 41 �y I�MrMI ntk wl �f' rwMYf'
<br /> � WY��q•rit��Ws�Mo Il�ib tM�aw�t�r I�tn�t erM a�eU�at W��IIM M/
<br /> dw IM�IM�tu�wi 1M Mttiw�ate I�rt My
<br /> —�.�.�---'� ADDITIONAL COVSNANCS.In addition to the oovetwrts uid a�raments m�de la th�Sk�ulty ltutrument�8orrowa Md Lw�dK
<br /> -- further coven�nt�nd+yra u foltowi:
<br /> - • A. INTF�tFX"f M'IE AND MONTHLY PAYMENT CHANGES
<br /> °°---°T�--- —° The Note provida for an initial interest��te of 6•0 �.Section 4 of the Note provida tor chan�a lo tM iatsrat rW and th�
<br /> ^�.r monthtypayments,�s toUowu
<br /> .a-�
<br /> ��'�;'`����•� 4. INTER6ST RATE AND MONTHLY PAYMBNT CHANGES
<br />_ :_'t it�.c;t;,.-•��.�� (A) CM�tDniq
<br /> - .FL�:��.•.•t� "iy.M.r
<br /> ' "=:��`•""t� The fnterat rate I w1U pay may chu�c on the flnt day of �1RRCH ,19 95 .and an th�t day evay
<br /> �'�^����=�' 12 montlu therufter.Pa�ch date on which my Interat r�te wuld cFutnQe Is called�"Clun�e Date."
<br /> �.���-,;;��":
<br /> . .'�.,.
<br /> , ,r' t:r^•t' (p) TYeI�ie1I
<br />- .u4 �.a..N'v„r .I
<br /> ,,,��;;;,a,.ti,;i,}'•fi: HeRinn(n�with the firat Chu�e D�te,my interat rate wiU be bwed on an Index.The"Index"�the weekly aven4e ykid on Unit�d 9tata�
<br /> ���.,. ..
<br /> Treuury secudtia�dju:ted to a constant mAturity of 1 yar.as made avwlabie by the Federd Raavo Bwrd.The most receat tadac tl�u»
<br /> � . � available as of the d�te 4S days before each ChanQe D�te ic c�lled the"Currcnt Index."
<br />_� .. . If the Index is no IonQer av�ilable,the Note Hotder wiU chooa a new inde�c whkh i�bn��d upon comparabit infamatlon.77w Nots
<br /> � Holder will Q[ve me nodce of thi:choia.
<br /> •- �;:�..• .;+•_y'..^�:,.r (C) GIlYI�UOr 0/CY�II�M
<br /> Hefore ach Chui{e Date,the Note Holder will calculate my new interat nte by addin� ����� ���� ��1���R�� perwntaRe
<br /> points( 3,5 �K)to the Current Index and roundtn�to the nearat 1/8th of lqi,�ubject to tho limiu�t�ted itf Sectlon 4(D)bdow.
<br /> This rounded amount wiil be my new interat rate until the next ChanQe Date.
<br /> The Note Holder wUl then determine the Amouat of the monthly payment th�t would be�uffkient to rcpay in full the princip�l I iun
<br /> • expected to owe on that ChanQe Date in substantially equal paymenu by the mRtarity date at my new interqt rue.The rault ot tAb c�kuVtion
<br /> � will be the new unaunt of my monthly payment.
<br /> �.�, ' (D1 I.Iwi4 w I�tenst RRte CY�r�a
<br /> ' The interest nte I am required to pay at the tirst ChanQe Date wili not be�reater than 8.0 �y a � ��
<br /> �r�. ' ti,Q �i.ThereaRer,my interest rate will never be incrtased or decreased on any sin�le ClunQe Date by moce tiun TWD
<br /> �.� �_from the rate of intuest I have been payfn�tor the preccding cwelve months.The minimum interat rateon thls lan wlll ntvar be
<br /> (d , lecs than��.0 �and the maximum interest rate wtll never be areater than�1.n �fi,
<br /> � . (B) E(tecd�e D�te of CAa��a
<br /> My new interat rate witl become effective on each Chonye Date.I will pay the nmount of my new monthly payment be�innin�on the tirot
<br /> � � � mont6ly pRyment date after the ChanYe Date untii the amount of my monthly payment chanQa�afn.
<br /> (F� NoticeotCMr��a
<br /> � The Note Holder will mail or delive�to ms a noNce before euh Chanae Date.The notia will advlu me of:
<br /> (q the ncw interest rate on my loan as of the ChanYe Date;
<br /> (iq the amount of my monthly payment following the Change Date;
<br /> (iiq any ndditionol matters which the Note Hdder is requlred to disclose;and
<br /> (iv) the address of the assaclation you could contact reQardinQ any questions about the Adju�tment notiCe.
<br /> �
<br /> ' B. CHARGES;LIENS
<br /> ' �'. Uniform Covenant 4 of the Security Instrument is amended to read os follows:
<br /> , 4. CM��a;Liens.Borrower aha11 pay all taxa,assessments,and othcr charges,fines.and impositions attributabic to the Property which may �
<br /> ' t �ttaln a prtority over this Security Instrument,and Icasehold payments of ground rents.if any,in the manner provided undcr para�reph 2 hertof °-
<br /> • • or.If nat paid in such manner,by Borrower making payment,when due,directly to the paya thereof.Borrower shnll promptiy furnfsh Lender
<br /> `" ail notices of amounts due under this paraQraph,and in the event Borrowcr shall make paymcnt direcdy,Borrower shall promptly futnish to �
<br /> " ' Lender teceipts evidencing such puyments. Borrower shall promptly discharge any tien which has prlurity over this Secur{ty Instrument; fl
<br /> • however, 8orrower shall not bc required to discharge any such lien su lung ns Borrower:(a)shall agree in writin�t�the payment of the �
<br /> . obll�atlon secured by such lien in the manner acceptabte to Lender;(b)shatl in good faith contest such Iien by,or defend agalnst enforcement of •
<br /> � such llen in,legal prceeedings which in the opinion of Lender operate to prevent the enforcement af the lien or forfefture of the Property ot any
<br /> pan thereof;or(c)shall secure trom the holder of such lien an agreement in a form satistactory to Lender subordinatin� such Ilen to this
<br /> rSecurity instrument.
<br /> �_ If Lender determines that ail or any part of the Property is subject to a lien which may attuin a priority over thix Security Instrument,
<br /> � Lender shail give Horrowa a nottce identirymg wch Iten.Horrower shan caucty tuch uen or[AKe one or more ot the qenons set rorttf above
<br /> k withfn ten days of the Qfving of the notice.
<br /> ' �j C. NOTICE
<br /> '�� Uniform Covenant 14 of the Security inctrument is amended t�read as foilowti:
<br /> t 14. Nofkt.Except for any noti¢e required under applicable law to be given in another manner,(a)uny notice to Anrrower prc�vided for in th��
<br /> Security Instrument shall be afven by delivering it or by mailing it by first class mail to 0orrower at the Property Addrecx or at tuch other addre��
<br /> as Borrow•er mny daignote by notice ro Lender as provided hrrein, and{b)any notice to Lender shall be given by firu rl�ss ma�l to l.ender'♦
<br /> address stated herein or to such other address as l.endcr may designatc by nutice to Borrower as provided herein.Any notice providcd tor m thi.
<br /> Security Instrument shall be dttmcd to hu��e bcen givcn to gorroxer or Lendcr whcn given in the m4nner designated hcrein.
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