200410043 - Laserfiche WebLink

Browse

OCT -13 -2004 10:05 FARM CRED SERV AMER 402 34e 3520 P.09 200410043 Interim Fixed Rate Rider (To Security Instrument) This interim Fixed Rate Rider is made October 13, 2004 and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed (the "Security Instrument ") of the same date given by the undersigned ( "Borrower") as the promise to pay_ FARM CREDIT SERVICES OF AMERICA, FLCA (the "Lender") and covering the property described in the Security Instrument and located at: 4719 Tara Court Grand Island, NE 68801 THE NOTE AND THETMONTHLOYVPAYMENT. THE� O NOTE LIMITS FOR CHANGES THE MAXIMUM RATE RATE BORROWERS MUST PAY. Borrower and Lender amend and supplement he stated and agreements a s an g agree as follows: unity instrument, 18, SECURED NOTE Transfer of the Property or a Beneficial Interest in Borrower. As used in this section, "Interest in the Property" means any legal or beneficial Interest in the Property, including by not limited to, escrow agreement, the int transferred which s the tra transfer of title by contract orrower atria future l date to a purchaser- if °r all or any part of the Property or any interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lenders prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. However, Lender shall not exercise this option if Applicable Law prohibits such exercise. The remainder of the Covenant described in this section, and Sections 2 and 3 of the Note does not apply. Transfer of property is not allowed, and this loan may not be assumed. If Lender exercises the option to require immediate payment in full, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with section 15 of the security instrument within which Borrower must pay all sums secured e rn falls Instrument this period, Lender may Security any remedies permitted by thisecuity witho t furtthernotl eordmand on Borrower. ADDITIONAL COVENANTS THAT APPLY: aJ,