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<br /> rH[s�.nnlsTa�Le��Rtn$x�,meae� 3t ST�y of AUaUST , i�94 ..na i.
<br /> {�y�,�d ia►� �od�6a1�be deented to aniend and supplemeat tme Martgr�ge. Deod o7 Tea�st or SocurIty Deod(tUe
<br /> ••Sa�iriry Ins�uma�t•�)o!the�ane due ves��y the uederd�(the••Hormw,er,7 to�ecure Hormwer'��►Ojuwblo
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<br /> (this�•[,eadec•q of thc eunie dau a�covering tl�e propertY 4e:criDod W
<br /> the Secudty Ioahumsnt atd located tt:
<br /> 2?04 PARKVIEN DR GRAND ISLAND. NE 68801
<br /> [Pnopcny near�sl
<br /> THE N07'E CONTAl1�iS PROV1810N3 AL10WiN3 FOR CHMHiE3 IN Ti�INTEFEST RA'�
<br /> AND THE M�fTMLY PAYMENT.TNE NOTE UYITS YHE ANOUNT THE BOAROMIER'8
<br /> INTF.REST RA7E CAN CHIWGE AT ANY ONE TIYH AND TkE YAXIMli�A RATE TNE 60R-
<br /> pOWER 11UST PAY.
<br /> A�ot�U►t.Cov�t�79.In AdGItion w the covenat�and sgceea�eata made in the Socur[ty Inst�ument,Bon�ower
<br /> �nd I.eader fir�her cmenaat�d agr'�e as tailows:
<br /> A. 1N7�t&RT RA�'E AND MONTffi.Y PAYNffi�50tt�AANGES
<br /> 7Ue Note provIdea for an initial inta+est rata of 96.'1Le Note provides for changes ia the i�ter�t ra�e and
<br /> tde namhlY Y�Y��s�followa:
<br /> ' y`'" 4. �T RA7E AND MO1V'�ALY PAYMENT CHAIKGES
<br /> ,;>.,
<br /> • ,'� (�)�� SEPTEMBER 95
<br /> .� 'Ibe inxre.0 nta I v,dU pay may c6ange an the fust day of , 19 , and on d�at day
<br /> �'`',����.�'�'r er �ay 12 I'LONTHS lha�eaRtr.Bacb duts an wh�ch my inferest rau could change is called a"Change Dau.,,
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<br /> � `�'s�`,_;;, � gegintdng wIth the &st Clsange Dau, my intsnest cate will be based oA an I n d e�c. 'lUe "Indwc„ is thC woekiy
<br /> . �. e�,erage yteld on Unitod S� 'Traraury no�rities adju�sd ta a cxit�s msts�rit;af yeat{s). ea m9de available
<br /> .t,'�';Y F';,.� by the Fede�l Reserve Boacd.The most reoent Index figuce available as of a�hE date 4S daya before each Change Date is c�liod
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<br /> ���:;;::,:•;�;'•:'r t?;:�" If the I� ia no langer available� tha NoUa Holder w,71 choose a new index which is based upoa oomparable
<br /> "`•�`�'�,".x�;k=�-'�' infaim/�fon. 1Ue Noa Holder will glve me notice of tLis choioe.
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<br /> ;rr,.�•-,7,, `� Before each Cban�e Date.tt�e Nou Holder wW calculnte my mew Luerest rate by adding
<br /> ��"`�; SEVEN-EIQHTHS � e ints 2•875 4b)ro the Q�rrent Index.1he Nate Holder wlll then rnund the �'�'
<br /> ''�h'�';:t,�:,�s�;: P�� 8 Po (
<br /> ' ' " '°�..sc. nesult of Nis addidon ro tlw nearest one-eighth of one percentage point(0.12S4b).Subject w the li�rdts smted in Soct�on 4(D) .�"`
<br /> ^:;*4r'�`.• � betow,t63a rounded emouat vvlll be my new interest rata until the next Ct�ange Date. -
<br /> � The Note Holdu wAl�her► d�erimine the amount of tbe moathlY payment dtat wonld be sufficieatt to t+epay the °^.,•
<br /> . ' e�-,�
<br /> ucpa�d Prineip�l that I am eapaxed w owe at the Chaage Date in full an dte ma�icY date at my aew iaterest tgte in
<br /> " . ,�.." subs�iaUY eqnal PaYm�ffi.The re�ili of this salcWatlon will be the new amouat of my moathly payanent. .
<br /> `-";�;5:��.. (D)�oa Inta+eat Rate C6anges 8.500
<br /> . •;,-�';"` - �inoex�rate I am toquued to pay at the first Change Dau will nat be greater than 46 or less d�an •'
<br /> �.� �%� 4.S00 `
<br /> .��,;�.-.: 96.Z�raRa,my interest rau wIll�ver be incnase�or�d�sod on acry single C6aage Date by more
<br /> ,., ... � rw Pe�oentaBe Points ( • ���) from my initial pQte�of�nterest I �
<br /> � �-s�;��;;:.; . � have 6een paying for the pra�eding twelve months. My iaterest rate will aever be greater t6aa 1 z• 9b.
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<br /> ' • r' My new intaest�ate wlll beoome effecflve on each Change Date.I wlll pay the amovat of my new moathlY PaY�
<br /> :'��� rt: beginning m the fi�st monthtY PaY�dau aRer the Change Daoe until the amount of my montt�lY PaY�t��8�
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<br /> �;;���� (t�Natioe d C6taaes
<br /> t;; � 1be Note Holdu will deliver or mail to me a notice of any chan,ges in my iaur�t rate aad the amou�of my monthly
<br /> ' - paymeat befon the effocdve dau of a�►clunge.'I1ie notioe wW include�nfotm�don requit+ed by law oo be given me ead ,
<br /> ;'°; - - . olso iLp thl�aod telephax number of a pe�son who wW nnswer ea�y questton I may bave regarding the notice.
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<br /> `�`, ..� �, B. TRANS�It OF THE P'ROPFdtTY OR A BF.NEFiCIAL A�ITERFST IIV BORROWEIt � `�„
<br /> -•'�-'��:�:' - Unifmm CoAreoant 11 of the Saauiry Instrumeat is ameaded to read as follows:
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<br /> ���;��-',-�-;:;_` Trander o�t th�Ye�oprst�or a Bme�cW Intenst tn Borrower.If all or part of the Rvperty or any interest in it is
<br /> � �Id or u�fe�ed (or if a Eea�e&cial iauns3 in Bor�ower ia sold or uansferrod end Borc�ower is not a aatu�l peison)
<br /> ,`�'� • • . • • t,+,.�.a:�.. t in full of all snms secuted
<br /> °�.,_�:-<----.r vintho�t Leode:s paior c�t�ea oanc�t,i.Ead�may,ut ita opnun,r� PaYmen
<br /> ' . � by thi3 Savsity Iactiumw�However.t6is optEon shall not be c tcer�ised by Irender if exerciss is�rohiMwd by federal law
<br /> •_i _f� _�_n �Li� .wi..� ii. /�l O.� wnucr �.. i.s
<br /> - - 8S OI QiE a3I0�! �S AOC{QIi7 tLLSltitiOCUw arw�tc�. a�w w�m. air� vnwav�o�. �...n ..p...... ... �..�.....w.... ... ..�
<br /> . . . submitted to Lmde�r info�uation n�equired by Leader to evalu,ce the iateadad transferae as if a nea loan were being made
<br /> ,.�� ° � to tttt t�ansfeiee: and (b) I�cader resonably determiaes that I.ender's socuriry will not be impaired by the loan I
<br /> `�:'=•:� � 'i .�.. a�oD aDd iha!lhE [is�of� brieaCh of eny oDVeIItat or ag�+OeatCDt 3II this SOCU[ity �n ,,•Mnt is eoceptable to
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