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<br /> y- .` _ . T�IIS ADJUSTEABI.E RA�RI��is made this 28�H �Y Q�APR Ii . �19�q ..a�S is ���.,�,. _
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<br /> :�". ��`� . � inoo�oratgd'mto and shalE t�e�ned to amend amd su��i:u�the Mortgage.Deed of'l'nast ar�Stcnrit7t.�(�;� ' , �`�. '� _ _
<br /> . • .� ty •• � ��'�y( " " e Borrowet'sAd t�stab3: i; �a �
<br /> _ �itti Insuum�nt )of�e sam date given by the the Borrower f to sec� i �tkv`}h b`�;,�
<br /> ` ..s Rate Nate(she••N�ie'•)co �� �q��teste Building And to�n As&osieti�a at Br�nO IS1and.Hehraska. A � f''�'��` �' �
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<br /> S Federa1&aYirt$s Ha�[_ � .(tiae L�B�r')of ch��date and coverlag�t,e piopei�yr deacri6ecl � �
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<br /> • -- 2308 W DIVISION aRAt�1D ISLAND, NEBRASKA 6�803-5333 , � , ,Y� ' �,;� ,
<br /> ; � �n [Ptupat�,Aderess] . ': a_
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<br /> '` THfi NOTE COA1TAfHS PROVI�tONS AL4.OWINO FOR CHANGIES tY+14HE(11i7Ei�E�7 Qt61TE , -
<br /> AND T►HE fl}IONYlILY PAYMEHT.THE[a011E UI�lllTS YHE Al�ROUNT THE�08�R�WEI�'S 1 ''��
<br /> � •tf3y •
<br /> � - � IHTERESYiUT�Cd�11CNAl�IGEATANYQ1�Tti�1EANDTHE67AXIMUh1RATiET�QQR F�ff`;`•���;f����-��,`f'�;�.:�;
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<br /> �: �: ROYyF.IR(I�Ii�T PASt. . rf���}`,i
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<br /> �'i : :. ;:�.. :. � ADDTITO1�L C�VL�I!�IgNfS.In Sdditioa to the oovensnt5 aud agteements made in tltC SecaritY Instruraeni. �,, �. ` ,�" � ". :._.
<br /> _: �. Borrower and Letid�r fiu�cr.caovenant aad a�ee as falLows: �'� ��'`��r'`� ' �{ .
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<br /> ,t, ,`;``<�<``%� ..`�: A.iA1TTERE.ST SATE ANIID MONT�LY PAYlVl�Nr CHAN� . '� / • : -:_,-:
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<br /> � ;�t�SG�lI�L_347F:..�fL'�'�,:.
<br /> - Fy:.7'�"�` � , �� TQeiVotepmv£�-f.araainitialinterestcaLeof4.7b0 °�a.11teN�te�srovidesfarc}ia.ugesnit�ei�ferestrateattdthC � ,�-�`5��y�6%-;�7�;;
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<br /> dLy��n��Fr:�v'` monthly paynss�s�;,as follaws: . , " �'�'r� � r,��'rl' -
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<br /> f' °rf��n � - ..d.�It�II'ERF.�L8A'II�'A1�ID G�LfONTHLY PAYMEN'E�l�A1YGFS `,�, l�� � �; L� -
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<br /> : �.�. ,''Fl�)Cha�e.liBates . ':- '. .. . . ,.�;�(��`
<br /> , . . , . �Ttie int�st rate I wID pay may change on the first da��of J UNf . ,19'��' ,and an tIrat daY .,, �r 'i' .
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<br /> ° � every.12tt��ai,�tub ihereafter.Each date on which my inte�esc rate could change is called a"Change Date." }: •��?��
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<br /> �: .��•� . ,:{'�D�e lndez � . �� � ." � � ;
<br /> �,; �-<::i 4�F, • ."�nniag vrith the����.ange Date.my interest?�e will be based on an I�.The"Index"is the weekly '�` ; .�t��f�-. ,,t,�
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<br /> ,.f,:`,�,-�i�,. . average yie1d op United 5��•'LYeasury securiries adjus.ed to a constant maturit��t�� year.as made available by �� �'p'.� :
<br /> I,S,' ..nl,f,..r'! t , �' .
<br /> �� :,}�� the Federal R�e Board:�'�,e most reae� '�ndex figure ava�able as of the date 45 days before each Change Date ,•"�����, <i�r'"�
<br />>� ��xi.: ; ,�,: . a.. ;,`�;` .,`• . `;.. •.
<br />=.s :�; .�,.' .��_'r': is calle8 the� :�t Index... , .,•�>.�"4�.,;.. , '<�
<br /> ±' `�r� �r;�; If the is no lon er ava�able.tCie�oie klo��t�x :: : ' . �,��.r r:..,r�r.;• .�.z_, ;,.
<br /> i 1 �,`f 4rr ti` , : . � w�l choose a new index whicb is�asc:�t c¢p�on ct�mpa�able ..�`; i;.,•,•.�+;.,�, �r, ��
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<br /> �yag�sn�[atiou.1'he Note Holder wiU give ine rrotire��rff�ll�chaice. '° '�}�''r��'���''��
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<br /> =i�. (���'hii9fl O�CLB�gi'S ,' :
<br /> �< r�, . � ' � � Before e��ange Date,the Note Holder wIll caYc�ta¢e my BEa?'imteresi��.by adding � � ; . � � � ��;�.
<br /> _�i�'. p�. :, • ,:� percentage poinu( 2.000 �la)ta�the�hhn�,�mrte.�.�ce Note Holder wil!then round ,;. � ':.�. `+►�
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<br /> `° ' � the result of'f1��.s addition to thc nearest oae-eighth of an�e percent�ge��ln����l�.G?5%). Subject to the limits stated ,`��
<br /> ' ` ;;•;;��;;��,�� in SsttEon 4(Qj below,this roundod amount will be my pew interest rate un�1�i�e c�ext Change Date. �:. � .1"��'
<br /> ' • :���`r,�'��. �� The Notz iiolder vn'll then determine the amount of the monthly paymeris,�kaa!woWd be sufficient to repay . � .. .
<br /> fj,�. } . �rt' the unpaid�asubxrir;al that I am expected to owe at the Change Date in full on the maturity da?�e ai my new inter�t , ; ;.
<br /> f,# � r�te�ae s�.bs.�r7:3i::y equal payments.Titem�riit of this catcWation w716e the new amount oi��waonthty payment. + ;Z�y
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<br /> ,;�� • r, The�t l�ii��,tnr�n��,i�ed to pay at the first Cha�ige Date�iZt not be greater than 8.7 50 °/o ar less tttxn , ` .�t''� ;
<br />_;;° ; . • . 4.00 •, ,%6:'�1u�i{i�r,my interest rate will never ise incmasesl or decreased on any singic Change Date UX'.;;�;.'
<br />-+ ti more than nva l�axata�p�fi�i4(2•0�'0)from the rate of;nreresc I have been payin�fas.the praceding twetve montlis.:M�+.;:};,, .
<br /> _ ��rr . � ' ' _ �taest rate w�11 neder tie pu��.es than 9.750 �'o. . , : . ' :.
<br /> ' � . (�D�itecu�e 1Dac¢af Ctix�nges , .� �` :� ••. ��' ''•�`'
<br /> :;. . ,' ',�';`'. .
<br /> � • My new,interest rate will become effective on each Change Daie.1 wilt pa>t':iia��,.rnoun�v€,my new monthiy
<br /> payment beginnfng on the�rst monthly payment date after the q�ait�e Date untii aice xln.d�isL rsl;:iz�y monthly pay-
<br /> . ment changes again. � , • ; _ � �., '�, '. . .. '" , :. , •
<br /> . � . _ (1�1�latf¢¢mff Chuuges ,. ;. ,.. , .. . .,, ; .,., � .:•.� �
<br /> ' . • The Note Holder w}Il deliver or mail to me a noii,:�•uf any et�anges in rrtp iiriei-�yY�rate attd the amoufu:�s1''�ny .:
<br /> � � " monthly payrnent before the effective date oF any cha{rgp.The natic�tvill irtcluae ini'armation required bydttv�t it� � � '
<br />-.+'{, � _, ' � be given�ne and alsa the title artd telephone number of a person wlin�will answer any questian I may have regarding �, ,
<br /> �'��� the notice. � -
<br /> -���� ,�.° �'' �' 8.�Rt��R 0F'fIi� PItOP�trH'Y OR A 13EI+��FI�IIAII.Dlil'II'��ST 1T+}IIQ1E2Tt�VE►�R '
<br /> !.� '� '�'`�'. ' Uniform Coveaflnt t7 af the Security Instrumenc is amendeA to read as folla�vs: �
<br /> '?��- ` Yransfer of t�e Ptoperty or a Beneficinl!nt¢rest la�arrocaer.!f all or any part of the Pruperty or a�iy Intcrest
<br />_,.�.� ;?
<br /> �i1�. '; in it is sold or u�nsferred(or if a 6erteficiul interest in Bonda;er is sold or transferred and Borro�ver is not a natural
<br /> � t . , . person)�viihaut l.ender's prior wrinen cunsent.l.ender may.a� its option, require immediate p�ynaent in Pull.af
<br /> �:. . all sums secured by this Security Instrument.Ho�vever, this aption shaU nat be racrclsCd�by Lender if exercise Is� �
<br /> prohibited by federal!aw as of the date of this Security Instrument. Lender also shall not exercise tbis aption if:
<br /> �; ��r. (a)Borrower causes to be submitted�o�..ender inFormatiorr�equired by Lendcr to evaluate the intended'inu�sf'eree . ,
<br /> � as if a new[oan were 6eing made to the transferee;and(b)Lender reasonabty determines that Lender•s security ;
<br /> �..�; . .. � � will not be impaired by the toan assumption and that the risk uf a bteach of any covenant or agreement in this Securi• , :
<br /> . ty instrumen2 is acceptable to Leader, . • '
<br /> ' To the extent permitted by appticable law.Lender may charge a reasonabte fee as a coadition to Lercder's con-
<br /> � sent to the loan assumption.l.ender may a(so require the transferee to sign a�n assumption agreement that is accept- .
<br /> -- °'��-=_�--=-== abie to E.cndes assd that tstsligates tEse lc�nsferee ta kee�a!!the D�Q�������ents made in the Note and in � � . __
<br /> ,', : � � � .'. this Security instrument.Borrower will continue ta be obiigated urtder the Note and this Securi[y Instrurttent uniess �
<br /> :S� , ; � Lender reteases Bonower in writing. . : , . .
<br /> j . , . . . .�
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