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<br /> -__- -.,,,,�,� . ,. q YenrT�easury dndea•�tace:t�ps) ' c---
<br /> t��J'�, � THIS ADIUSTAtlLB RA78 R1DBR ta mtdo thle�� ay of ���...,_ � .�.14_�....... -
<br /> ' '� ' ' and i�ir.cotporated Into itnd�htll bo dr.mtd to�mend and cuyplement Utc�lort��yc,ls¢e0 of�tust,or fiecuriiy Ds.ui(tin�`�:u�kY ta-t�r:�t"D oi
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<br /> �� � '.'' . tho�ame due�ivrn by tho under6tgned(the"Boaower•')ta sxuro Bor�ativer'e AGj►tctabIc Rete Note ttho"Noto">toliQ�AB�¢��ib�Q�Q ,
<br /> rl�r.�.,�'.�Y .
<br /> —
<br /> �:^ti�-.��, (,�(No"Lenda")ot We�me dau usd coveriag the properiY describecl M the Secur(tY���mcai�nd torxtaf Rt:
<br /> ' -��,F�� . . .!
<br /> ��;.'»�;:^'r�`�;� 1903 WEST 13TH STREET. GRAND I5lAN0 NE 6981]3 , �-
<br /> . _ .,, .; . ,�
<br /> ::�..J' (i'ropertyAddr�s) -_—-
<br /> _�'_•- ti_.,_ 7'dt� oote coautn� pmvWens aRowiaa for cb�nEa !n wy tuterai rata artd my eaantLt� -
<br /> " pwymenU.TNta aote also Qmits tdo�tnonnt my tnterest ate ata chaaga at a0y aso ttaxe and
<br /> � elso tde mt�ciutnm and tha�simom nte 1 aswt psy.
<br /> • ADDITIONAL COVSNANCS.Ia nddttiou to the covea�►cs and ugrcements made in tLke SznuE¢y Icesteu.�eat.a9oa��r¢c aad Lender
<br /> > ��"�" fUahercovenantandag�eeasfollowa:
<br /> � • A. INTPdtR�T RRA+'A�:AND MONTE6Q.X�l�4lL69�P1T CHANCffi ' .
<br /> . . .. The Note provEQxs Qm aw inidal inccr¢st ruce off 6.75 e1o.Sxtioa 4 of the Nou praved¢s[o:chaog�1n the interest rate and tlu , '�t•
<br /> ° mmeM�ly utttfnritxats.as foUours:
<br /> �;:?-•-
<br /> � ' 4. !ND'ER6ST RATE AND Ikfi�4F�N12 Y P.4 b'MENT CHANGES ���'��
<br /> �' �n (A) Cheege D1Ud �'$f�'"
<br /> " 'Ihc interest rau 1 wil!Per maY chanse oa t3►e rrsc day or APRI L ,1� �� .aaa on tdat day every 4:�:--
<br /> � .. 12 months therrafter.Each date on wh[ch my intete.tt cate could change�S called a"Change Date." �-,
<br /> (�) 1'helnda vr,�..
<br /> ��•.�`,.
<br /> ' Deg3aniag wtth the fust Change Date,my interest rate wUl be based on an Indac.'the••Indea"is elx watly averaga yi�:d oa Uaited Stntes - t.Y�w�.
<br /> -• ° 7Yeasury seeurttizs t�djusted to a constant maturity of t year,as made ava[lable by th¢Federxl Rarrve Board.?he most reo�nt ladac tigurc
<br /> . �;•.�.
<br /> � ' avaitnble a�of the date 43 days before each Change Date is�1led the"Current Indae." �'''r°`_-
<br /> '. �• It the Iadex is no longer available.the Note Hlotder wfll choose a new index which is based upon eomparu'ble informatton.The Note �:. #;��,g:_-
<br /> � ��� HolderwlUgivemenoticeofthischoice. " a�.�°s,
<br /> ' r,:.�_
<br /> .[�.—_.:_..------- .,:,�_.
<br /> "' : -- (� Csirnladon ot�6wage3 ;�1RE� ANO ONE-HALF �'``'
<br /> '%�, &fore each L'�wm�e aatq the Nou Holdec�yilE calculate my new interest rate by adding peraata8e ' �;:�!,
<br /> � ":� �{A�y� 3.5 90)to the qurrnt.nde�c�a�7 rounding to the nearat 1/8th of I%,subject to the limits stAUd in Scdion 4(D)below. ` ;�,;;,
<br /> �''""�' 'Ihis rounded amoua�t wiil be my new interest mte undl the next Change Date. �5
<br /> ��
<br /> • The Note Hotder wiU then d.etcrmine the amount of the mor.ehly payment that wouid be sufficient to repay ia full the principal I am ' 'F r,eT�;�
<br /> ,' .i:,J �jt�j�A::'i�
<br /> apected to owe on that Chao�ge IDace�n substantially equal paymen:>�y the maturity date at my new interat rate.i'he result of this calculadon
<br /> wiU be the new amount of my montP�iy payment. '���'���
<br /> (D) Iltnlla oa Intaast Rate Changes '�i,'�
<br /> The interat rate 1 am �equired to pay at the first Change Date will not be greater then 8•?5 QJo ot las tliaa :C�
<br /> �%.Thereatter,me}mterat rate wil!never be increased or decrtased on eny single Change Date by morc than T�0 ' tr.%
<br /> � ',���I 2•Q from the rate of interes.l have been paying for the preceding twelve months.The mtnimum fntercst rate on this loan will neva be � �,
<br /> .r, • las than 4•75 a/o snd the maximum interest rate wfll nevet be greater than 11.75 qo, ,��iI�_
<br /> � ���� I�Y,M1
<br /> :y:�,;$ (Ej E(kM1Yt Dttt 0f Changls ' ���>
<br /> . ` ' My new interest rate wili become effeccive or.tach Change Date.l will pay the amount of my new monthiy paymeeet beginning on the first ,s!.
<br /> montAly payment date aRer the Change Date untii the amount of my monthly paymmt changa again. '
<br /> '!.'i� (F) NatlaotC�anges '`i'"+�,�.,'1,�� ,::�`
<br /> {�s •:.: The Note Holder will mail or deliver to me a notice before each Change Date.The notice wiD9 advise me of: I} ' �
<br /> .ti_,.�. �Cf' ,,
<br /> f ,: � (i) cFe new interest rate on my loa:As of the Change Date; f�:;_, ._::�
<br /> '+� • . (ii) the amount of my monthiy payment foltowing the Change Date;
<br /> .�
<br /> ��'' .�.'::
<br /> �t:��� (iii) any additional maiiers which the Note Holder is required to diulose;and �'`�'�,,,;',.` �"
<br /> <��+;�;�,� (iv) the addras o;tht association you could contact regarding any quations about the adjustment nodce. '��'`';"'';�1"
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<br /> .`�.��;r_s�, .1,,�• .� :,1.,.
<br /> . . � ' :i. B. CHARGFS:Q.IENS ,"l,
<br /> ��';,,�; Uniform Covenam»4 of the Security lnstrument�s.amended to read as follows: " � ' ,
<br /> `,��,_. .
<br /> ;,..` 4.Charga;Lleas.Horrowe�shall pay all taxa,assasments,and other charges,�nes,and impositions attributable to the Proptrty whidt maY ('••r,.;}��:, �,
<br /> ,,'. , sttain a priority over this Sccurity 1 nslrument,and leasehold payments of ground rents,i(any,in r,4�e manner pmvided under paragapl�2hereof �{���n�?'as4;�;;
<br /> or,if not id in such mannrr,fi;lborrower makin y to the payee thr-eof.Borrowu shaU ptotpptly fttntish L�ettdef �� ������ '__
<br /> � pa g paymenc,when due,direcd R"�,��._:
<br /> . (��y all notices of amounts due under this paragraph,and in the e�•enl Borrower sha13 mak¢payment directly.Boaower shall pmmptly futtf[sh t� • �'"-'y_"¢:"_
<br /> .'1��'S!�"-.�;:=--_.
<br /> I.ender receipts evidencing such payments. $orrower shall promptly discharge any lien whith has prlority over this Sxudty lustntmetiR; ":n�"-_m•�
<br /> •'•'.'�+,.', ' �, ,, l:r,wever, $orrower shall not!e r:quiced to diccharge any such lien so long as Bovrower:(ah shall agret in arriting to the paymmt of the • , s�*=—
<br /> � obl3gation secured by such Icsn ir.�'�,nanner accep�abk�o Cer.dar;tD1 shatl in goad(aith contesc such lien by.or defend against entoramatt mf �S�'a;•:=.�
<br /> . � :�.-
<br /> . ,�,;;..._
<br /> �'�'��.`,�''�.'��•'`'��•'•'' s..it lien in,legal proceedings wh�.er.ir.:te opir.ian a:Lender ogr:a:e to pre�ent the enforcemene�f:;he lirn or forkiturc of dte P[opertyOr 8[ly • {�'`��'�e''�r `�•
<br /> � i,.:�': �'��'•' ':"�
<br /> �• �•'��,',� part thereof;or(c)shall secure feom Cr.�!:�:.'.e� �`;�;h l�cn an agrament in a form saaisfaccmry to Lender seDordlnating such liat to tttEn '�diYf;J�"''�
<br /> �� �";�;�, .� Security Instrummt. �(iY
<br /> ��� Ib:v4�s^-�t��
<br /> �'� ' �:�'.s�'1• tf I.atda de�ermines[nar aii ar arty arr ar�ne rro rt i+�uo eci w a i�en wn��i�n�w�aua�r�n �iv��i J.ea ini5�iuiii iue'uu.s.vn. ----
<br /> � P� Y f P 7 1 -���:'��a
<br /> . � j•ii;'•�•":.�.
<br /> . Lender shs1�give Borcower a norcce ed:nt�fying such lien. Borcov�er sfialt sar�sfy auch liert ur esilkt rJnt Or rttOf!of thG 8CtiOns se4�QftP��vC �5,;(.;��
<br /> within ten days of the giving af�he nonce.
<br /> C. NOTICE .,
<br /> . Uniform Covenant 14 ot the Securit�Inctrument is amendcd to rwd a�foltou.. ,
<br /> _ 14. Notla.Except for any notitt reqwred under applicable law io he gi�en in anothe�manner,(a)any notice to Bottower provided for in this ,
<br /> Security lnstrument shail be gi�en by�delivering it or by ma�ling n by first class mail to Borroan at the Property Address or at such other addrcss �` � • .
<br /> u Sonower may designate by notice to l.ender as pro�ided hernn,and(b)an�noeice co Lender shall bc gi�en by first clazs mail to Lender's
<br /> address stated herein or ro such other addresi as Lender ma>designate b>not�ce to Borrower u pro��ded hetein.Any nonce pro��ded for in th�s
<br /> , ' Security Instrument shall be deemed to ha�e been g»en ro Borrower or Lender when g�.en in the manner drngnated herein.
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