|
. .. �
<br /> ..,� SSf.It� ,�`� i�C3 t � . i ` � � ' . . 'r �vF `YIN�� '' �'.;�ht}� . _-...... ... . .. . . . sv 1�i;_:.. ___ - . -- .
<br /> jk J`T ` s` � �� iC i .,��t..--,.�` '3y���°,s• ,�,� ���ryK:Y.:� 3,u}, �.,;1��� �� I �� �� °i�`�Itr�� -- �� __
<br /> � r.•. �.�r
<br /> '•t �f ki �. i' c � (r E'� f4.F.�t >�(�;
<br /> r,�� { }TSI t:
<br /> r��iity Vuwyr•<< � �r ..�oc�a�v�erre-c Je�m�.v_ ._--- ---.
<br /> _ . ,�.�
<br /> �
<br /> __-- _. _-° -- -� .��.------��.-----s..-` -�..,,,-- _ --°°°°— -
<br /> �.�.:...�w:�.ce.�v�asr..� . . . .. . ----__ —--_-
<br /> _' __.� .. .�.-.-.... �h , _ _..___...'__--_.
<br /> ..�._ . _._..
<br /> '� { � - _ r � . • . ` � ' - -�4 'MF.. -_ . ...__'—
<br /> . �� ��. � .. _� ... . ��Hf.._ - __._
<br /> . . � ' �-�a.l��- . � __ _
<br /> '..i.'..11Wi1[�lild'�Tef:�Vi � ' _
<br /> ,�� n"..:../ti.�.,.. . _ —_ _—_ .—.__
<br /> . iI� .. � . . �____..
<br /> ��IiL w.:.�YW__... 1�_._.V:M�����:6K�r�s-._.n.�...�...___._r..auc�Ml.�i/Y/vnr.:r.�.��tl��::L..1i:GM:+:.'lt'J'�_... . _ . .., ..1.......-..�...�.��.�.'.��.�t..w4f�:uw�wrws�� ...
<br /> ._. ._"_'�.�.�� . • . .
<br /> . . � A�J�I�TADI�E �A►'I� AII�EIt , " .`; ,., ,.
<br /> ----- (lYear'IYxasurylndtz•�tatcCtpa) ��•� + ;����,� ----
<br /> – ---J—� • THI�ADlUSCABLBAATBRIDBRiamadethl� 18TH n�yot AP�IL 19---9� --
<br /> --___� anQ i�[noorporxted inta�nA andl bodeemcd to aunend u►d cupplemrnt the Mortgate.Deed of Trust,av Securtty Dad(ehe"Secur{ty Insuument")of
<br /> . _--__--_ � the ume date pivm by the pndxr��ned(the"Bonower")to secura Borrower'a Adjuatnbie Rue Note(the"Noto"►to H�M�FEOERALLfaRAND
<br /> -�- -�"^�`�!�'_' tBLAND(the"Lendcr'y of dio aeme date anQ covedng tRe proper¢y dacrlbed in tho Securtty lr.at�umeat aad loceteQ at: �
<br /> ---
<br /> - .±.�vH:!i:i..7.`..`�
<br /> :=_�==-=-:-_=��r�-�'+� 4229 KAY AUE.. GRAND I�LAND, NEBRASKA 68803 --
<br /> ._.------'-..._....._
<br /> _�,�!'�Fy--- (PfOpLny AdfIIlS.4) '—��—--- - -- -
<br /> "�'�.��,�,'•�' '"` �:'� Thts note contatw pmvWons�llowing tor cifn;a ia rtq [nteresi ate tnd my moathir —
<br /> -' r..,� .
<br /> �"'�`��``-��:�� ��� p�ymeate.7'@i�aote�ho IimiU tt�a smopnt my tetenst nte caa e6sa`e�t�ay one Ume aad __
<br /> ?:;. '�s : .• dso tbe atlNma�n aM tbe madmnm ate D most psy.
<br /> .. ,:.��: __.
<br /> �•"��` '', �.."..,.'�` ADDiTIONAI.COV6NANTS.[a additlon to the aovenanta and agreements mn.de iu the Secar[ty Instrument,Bonower and[.ender ` -- `° ` . ' _
<br /> 'Y�.::_ . funhercovenent ead agree as followa:
<br /> _ ,... ,,. :;�. A. 1NTERL+�!'ItATE AND MONTHLY PAYME[+lT CHANGER -- --
<br /> : �• The Note S9�'�idr�s for aa initial iaterest rate of 5.0 �Io.Sectton 4 of the Note provldes for c�.in�rs in the Eateeest raee aicd t4^e ��'
<br /> _':��' • ` �anoathlY�.asfoUows: `�-,-
<br /> __ . -. ' ,'., � - - -
<br /> ' �. �:"' _
<br /> ' ����� �. ONT�REST RA7E AND MONTNLY PAYMENT Cl•lANGES � �.._
<br /> . •. ,��.. �:;��i��°_ .
<br /> • „���; GU �1kta `_
<br /> ° The interasA arttee I wlll pay mag change on the first day oP q�1Y ,19_95....and on that day every 1 �:°�
<br /> �, ' � raonthc thereafter.Each date on whlch my interat rate eaul�chaqgt is calied a"Change Date." �:'-'�_=="--
<br /> �� �',_
<br /> �' i . • . Begirmtng�e tirst CbanSe Dau.my interest rate will be based oa an Indac.The"lndes"is ehe weekly average yIeld on Uaited States `;•���=.' _
<br /> ,s.�c�,�-
<br /> , ,i..`�i�, �wy����j�ted to a constont maturity of I year,as made avai]nble by the Federal Reserve Board.The most recertt Indac figure � -�-`��'� —
<br /> '•�•r�t-, .. .. � ; � �.:,
<br /> . . ,,•,.::; ' '�� s���`�=-
<br /> . 5.:,;:t avapable as of du date 4S daya betore each Change Date la called the Current I�dex. , , Y,;
<br /> , •_"4,�,Y'�f .�`:•r:�,, . ���.
<br /> I(the Gtd�c is ao�ong�v available.the Nou Holder wiU choose a new indac which is based upon compfuable informatton.The Note �°
<br /> .��.n�4'.
<br /> ' ,; Holderwtll�[vemenodxofthischoice. : �Yi,3�' �f
<br /> ' . (('�. a1L91itQO�O�u',tOj�S e�a1�yr r"�_.� `
<br /> ,��g Befoneach�aage D'ate.the Note Holder wiU calculau my new interest rate by adding �� Aj� ��JE-HALF p��� ��:+���i�r���
<br /> " • ,,;i•'.�,. points( Z•� tli)to the Current lndex aad roundiag to the nearest 1/8th of 1%,subjea to the limits atatefl In SertIon 4(D)below. ' ,����f�.,�����
<br /> � �.'Ny� 'Itds rourtdad amount wUl be my aew inurat rate untU che next Chaage Date. „ ..��s'` ��';�.�.'
<br /> �;�.,,.' � . 1he Note Hotder wiU then detcrmine the amount of the moathly paymmt that would be sufRcimt to repay in full the principal 1 em ."�r�.„ "'
<br /> A� ' ez�octed w mve on that Change Date in substaat3aUy equel paymenu by the matudty dau at my new iaterest rete.The result of ihis calculadon '
<br /> ;�S`,rt�- ., � ,,�• ,-At,.. .,
<br /> ,.,,�:.r,i:_: ���e a�'�ount of my monthlY payment. ,� . .
<br /> ' _- :.�.;,,i,i:�•:`. -•-° _°
<br /> .. . .:r;: �n�_" tD) UmimoaI�tu+estttateaanga
<br /> . ,• ,,�:;:.,%�.;�. 7.� % or less than . ,.
<br /> � �:'�''"� 1" 71�e intcrat rate 1 am reyuired to pay at che Hrat Change Dace will not be grcater than • •�
<br /> ,:1�;}��;�.y. ;���?`a;'•�;y`;'�' �_n 9�e.Thereafter.my[ntercst rate wiU never be increased or decreased on any single Change Date by more than �� . a�
<br /> s � � ,
<br /> t f�_n4�1 from the rate of interest I have ban paying tor the preceding twelve moaths.The minimum interest rau oa thls laan wiU nevtt be . '�" R,
<br /> vt �°;. fsg ,r. �A-
<br /> ;li�• , s<{ti;,� las thaa 3-�7 q�and the ma�mum iatercst rau wili never be greater than 10.0 %.
<br /> .!'. .. !"t__.':!. ! i k' _
<br /> ".. )�'�^ (� �lCQ�tl�ltlO/�DblS ,• •�,�'Z�--•
<br /> :��,.,; My aew interest rate will become effective on each Change Date.I wiil pay the amount of my new monthly payment beginning on the first .. _
<br /> • monthly paymeat date af'ter the Change Date until the amount of my monthly payment changes again. M1%'�; ' , ,
<br /> ;� q.:.1 ,
<br /> ct� Noa«orce�o� �:,,:1 : . .
<br /> , The Note Holdu wiil rosil or deliver to me a notice befon each Change Date.The notice will advise me ot: ` .
<br /> . .1�,. CD the new interest cate on my Ioan as of the Change Date;
<br /> (ii) the amount of my monthty payment following the Change Date: I ,
<br /> (iii) any additional matters which the Note Holder is requ{red to disclou;and l, � • : ��
<br /> (iv) the address of the asxociadon you coutd contact regarding any quations about the adjustment notice. � .
<br /> & CHAlttn�5:LIENS r .
<br /> �' ,t�;�s i" Uaiform Co�emant 4 of the Securiry Inswment is amended to nxid as folio.LS: � �
<br /> ' 1.�rs:Liein.Borrousr s'hal!pay ail taxes,auessments,and other chazga,fina,and impositions attributable to the Propetty which may �
<br /> � '','� _� 9tteitt 8 priority over this S¢cardsy Instru¢ttent,and leasehold payments of ground rentc,if any,in the manner provided undrr�eagraph 2 hereof I
<br /> ','�` `�''t'��,,�,.!' ar,if aot naid'nn sucA manna,by Borcower making payment.�eem due,directly to the pape+r iGereof.Bortower shall prompUy fumish Lettda .
<br /> ��;����..,_..
<br /> ' . � ' � all notioes of�:�ounts due under tAis paragragh,and in the event Bonowee s.".,7I1 make payn:ertc directly,lSorr.awu shatl prompAy furnish co • ', �
<br /> ''�t'��'. Lmdet r�i�s evidrncing such paymaets. �naaower shall promptly disclhar�e any lien which has mria�cq �a�nt this Security Instrutuxat; � � � •
<br /> 4i'�' .,�"�,�� hotirtva. 8arrower shail ctot f�e r uireQ co dischar e a�ey sach lien so long as Borrouer. �a1 shall irt writing to tht paym¢nt of tRe ��� �t'
<br /> .:` , '� «i 8 �re
<br /> abligatIea sewred by sucPo�icn in the manner acapiatr�e[o fl.ec-J�zr:(b)shall in good faith ra�e<<��such tien by,or defend agaiase enforament of
<br /> • � � sach Qim in,�e�,al prottedings wftich in the upinion of A..ertder uperate to prevent the rnforcerceer.�of the lien or forfeiturc of the Property or any ,
<br /> part IIita��of,mr(c)shatl secure from the fta[der of such I�rn an agre+e�aertt m a form satisfactoty to Le�r3a subordinating sueh lim to this
<br /> ' �anrity Iasanmptt.
<br /> _
<br /> � I[Leader determines that all or any pan of th� Pr�xny is subjsn��a i�en which may attain a pri�nry ovtr thic Securiry[nstru�aent.
<br /> - -�- I.enda shall give Borrow�a notice identifying such[ien. �orroaer shaU satisfy such Iien or wke one or more of the aacans set fonh atove ,
<br /> with[n ten days of the giving of the notia.
<br /> C. NO?ICE
<br /> � Uniform Covenant 14 of the Secunty lnstrument u amended to read as follows:
<br /> l�.NoHee.Eucept fot any notice rcquired under applicable law to be given in anothe�manna,(a)any notice to BorruW er pruvided fot in ih�s
<br /> - Securiry[nstrumrnt shatl begiven by deli�eting it or by mailing it by t�rst class mail to Bonower at the Property Address or at xuch other address
<br /> as Bottower may designate by aoeice to Lrnder as pru.ided herein,and lb)any no�ice eo Lende�shall be gi�en b}first class ma�i to Lender's
<br /> , address stated hercin or to such other addrcss as Lende�may designate b}�nouce to$orrower as pro�ided hemn.An�notice pro�ided for m this
<br /> Security Iratrument shall Bedeemed to ha�e been gnrn to Borroaer or Lender whrn g��rn in the manner designated hernn.
<br />
|