94101536 - Laserfiche WebLink

Browse

..� ��G"`.f -- � . � J .. ^ � - - --.-- --- -. -_ .. . .-. � l�h_:"_ y�. _. . . . . _ . . .• -- •-.�. - _ _ � _ . ._-J . - .._ - - ' � ' AD�iUSTABLE RAT� RIDER 1��ssM-�•» . • (1 Ywr Tr�ury MwN�c-R�Cap� 94� "Q� TH�ADJUSTABIE RJt'IE RIDER i�m�d�thw 1 Sth �y af F�6ru�ev , 1�4 .�nd It boorpoiwUd into�nd�h�11 b�d�otn�d to amKfd�nd wpplun�nt th�Mortp�p�, OMd d Tru�t or B�owNy ONd(th�'S�ourNy Intlnrn�nC) d tta�dnr yNrn by th�w�d+�ipn�d(tha•Barowr')to s�ain Barorv�r'�Ad�u�t�6N Rw Nw�(th�•troU•)w Fint F�d�nl Saving�and Low AwoclaHan d Llncoln ` (tM•Lmd�r') ot th�s�d�and oovwi�p th�propwty d�sorl�d M th�8�autity InH�unMnt md bwUd aC Z608 W� 11 Awnu� --v�.__� Orind Wand. N�bras{u 68803 _ �araa.rtr�dar..y _..��..—_.�,.-�.�� �-- THE NOTE CONTAINS PROVISIONS ALLOWIN� FOR CHAMQES IN THE INTEREST RATE ,.�, , AND THE NIOM'HLY PAY111ENT. THE NOTE LIMITS THE /UAOUNT THE BORROWEH'S INTEREB�T RATE CAN CWWQE AT ANY ONE TIMH AND THE YAXIMUM RATE THE BORROWER MUST PAY. ---- „ •,g;�,�1 ADDITIONAL COYENANT3. in ad�MUan to 1h�wv�n�nts snd apr�nents mads h th�S�cwlty In�UunNnt,Borrow�t and Lw�d�r Uxth�r .��„_�. cowtwd�nd �pna�s toYowt: .t"`��'��'��'�'�`° A INTERBS7'RA7'E AND MONTHLY PAYMENT CHAN�ES .ri ��,� . �. . •:• Th�Note provides tor an InttW IntKSSt�t�of 4.290 �6. Th�Not�provid�s tor chanpa in ih�intrat�md th� � '�� ' : ��N WY►nanu,as tobws .- , r.. • 4. INTEREST RATE AND MONTHLY PAYMENT CHAN�ES :,Y-.:_::•, .,�� r (A) Chanp� Dabs .: ••_, Tha intenst ntt I wll pay m�y chanpe on the tkst day ot March , 1995 , and an th�t d�y . � , t �vKy twN(th(12th� month tha�aftK. E�ah dat�an whkh myr tnhr�st taU could chanp�b calNd a'Clump�Data'. ;��:_�:r. -. ..��:.a _._.. ., . (B) Th� ind�x _. . .:_—`��_--_- 9epklTlklp Y�Kh the 1Irlt GhanQ�L1ele, my lntM�t rwt�wW bw b+�s�d an an Ind�x. The'Indec• ia th�monthiy av�rag�yi�id an U�qrw4 Slat�s Trweury ucudties adJusted to a conatant m�turity ot one(1)ywr,aa rtude avWabi�by the Fedenl Ressrv�8oud. Th�moat n� ant Indsx Apure ava9abN ae of th�dat�twty-flvQ(45) ckya bdon Meh Chanye Oatt Is all�d thQ'Cunmt Indut'. If the Index is no tonper av�Uable,the Note Holder wNl ahoose a mw Indax which is bn�d upon compuabM iniomwtlon. Th�Nob Holder wUt yNe m�notico of th(s choic�. (C) C�Icul�tfon of Chanqo: i Botoro wch Chanpe D�t�,the Note Holder wIA coiculate my naw intereat rate by�ddfnq 2.490 � porcentaye points to the Current Index. The resulls of thls addlUon wIY be my naw fnt�r�st rat� unW th� __ nuR chanye date, 3ubJect to the Wnits atated in Section 4(D)b�low,th(s new�mount wiU ba my new Interest at�unUl the n�xt ��; ' . Chanpe DaU. :�� The Nota Holder will then dotermine the amount of the monthiy p�yment that wouW be aufficient to repay the unpdd principd that I am 1 axpacted to owe at the Chanpe Date tn full on tho maturity date at my new hterest rate in subatantially equv paymants. Th� nsuk ot this = cticuNUon wAI ba tha�wv amount ot my monthy p�ymont. i (0) Limits on Intara�t Rata Chanpo� � The Inter�st Rnte I am requfred to p�y at the first Ch�n9e Dete will nat be pre�ter ihan 6.280 �r., Thereaftar, my Interest rate wiA never bQ inueased or decreased on any slnqie Ctunge Date by more than 1.990 , i percenhpe potnta trom the rate of Interest 1 have b�n paylny tor the preceding 1weNe(12)montha. My Intereat _ nto wW nwor ba yreiter than 9.990 96. � (E) Effoctiv� O�te of Changas = i My new Interest nte will become eHective on eoch Change Oate. I wW pay the amount of my new monthly payment beylnnlnp on tha — ftrat monthly payment rJate after the Chonye Date untW the amount ot my monthly payment chanyes again. � (Fl Notfco of Chango� F , The Note Hoider will deliver or mafl to me a notice ot any changes In my interest rote and the amount of my monthly payment b�fore � • the ettective date ot any change. The notice w11 inciude Informetion requlred by Iaw to be given me end elso the titie and telephone � fi number ot a person who wiN anawer any questbn I may have regardiny the not�e. �! �,r E l� E � MULTISTATE ADJUSTABLE RATE HIDER-ARM 5•2•s��flic Fa�,.�y •Fannle MaelPreddie Mac Uniform insirumant (FFrL Modj 3/95 � •--. �... . �- _ .... � . .. , C � t � , � !, I I � ' � . I 3111.hm�J/y]) I , I I �