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<br /> -- -__-�_ 'iHllSh.DJUSTAGI.B[�AYkiR1UP.Rivmadethf+._W.._.._�._d�yoP__-..w..�._,_.�_�______..._._..._._.__._..._� ,19.••� �
<br />----- ---•�-������ and Is Ir.ci�i7�osaied Into MrtJ shull bodeetn�d to amen:i and euppltmtht the lltnngnge,l3rrc6 e;f TrusL ar Stcutity Ikcd(tht"4tcuxffy Inx;rument"!nt
<br /> — 1he came�1�ro�Iren by the undenl�ned(the"i3nrrower")to�ccuce Borruwn•'�Adjuitabk kue Nota C�he"No►e")to IAQ�,.�..Ll��
<br />- - ..__ -_---°-_"a I.�LAND tthe"I.er.deP')pf tl:r.eame data astd covc�itig tl.o proprrty dese�lGcA hi the SecurltY Irutniment nnd tocatrJ at:
<br /> Z20 W. 3R0 ST., GRAND ZSLANR� NEB('�tASKA 608t11
<br /> ��--- - � (Property Addra�) —
<br /> ----- =i�_� Tib note coatalr� prorbla�a etlowin� [or cY�r�a In mr talercst rate �Nd My �►Nt�ly
<br /> - w _�v ;,� p�yme�U.1'MI�rote�la ilwlh t�a�r�orrt�y I�Ieca1 nte c���kw�e�1 rry o�e Iioe�N
<br />-- _- -
<br /> __ -, �`— ela 1k��uiW�rw��d 1Ye s��xl�e�r nto/�nnt pay.
<br />� _�-�a�
<br /> �_��'='�� ADDITIONAL COV�NANTS.In additlon to ihe covenanta nnd ngreements mado in the Security Instrumrni,Borrowrr and l.ender
<br /> r �`�''� furthercovznantand��ee►sloqows:
<br /> ---::,�iri�a;��.L'�
<br /> _=;�:�:aea��tir.�',::�
<br /> - ---""�"����� A, INTERF�T RATE AND MOIVTHLY PAYMEN7'CHANGFB —
<br />"—"?-._,':���=� 'ftie Note pravidea for an Inil�fal intercst ratc of 7•75 %.Secdon 4 of thc Note provida for changes in the intarcYt ntte�nd the _
<br /> �` ' f��i?us monthly payrt�tnts,ae follows:
<br /> 'Y�` ;,�;t:� ��
<br /> �:^���,�.�`�'�:
<br /> •� 1. /N?"EREST RATE AND MONTHLY PAYbtENT CNANGES
<br />�,.+: :.;� (A) ClaKeales
<br /> '�'���?� � The Interat rate 1 wlll pay may change on the fint day af oECEmeER ,19_$.1�.._�Rnd on th�t day�very _
<br />-�,.,,...
<br /> �. 4��.��b,_. 17 _manths thereAfter.Eacl�date on�xhich my interest rnte could rhange is called a"Change Date."
<br />;�p�;�::.;. „ • _.
<br />_� . . * , (8) Thel�dex
<br />-� ''•�'?�' `� &ginntng w(th the first Changt Datq my(ntcrat rate wiU be bascd an nn Index.rhe"!adex"is the wakly evers,geyield on Untted Statrs
<br /> •".�.�5�. �• • 'iteasury sauritId adJusted to u constenc maturhy of 1 year,us made available by the Federel Raerve Boud.The most«cent Index figure
<br />- • � svailable as of�he date 45 days before each Change Date Is called the"Current Index."
<br /> • � . � If the Index Is no longer evallable,the Note Holder will chaose o new index which i�based upon camparable informuton.'ft�e Note
<br /> . .. MolCeiwlilgivCmenauceoi ini�cnui�ti.
<br /> �•�-
<br /> ' ^ (G� C,�kaiiuo�oiCbangea � THREE -
<br /> Before each Change Date,the Note FColder will calculate rny new interat rate by addi Dercent�ge. —
<br /> � '. , polnts( 3��__ "�)ro the Curtent index and rounding[o the nearest llBth oi 1�'a. subjec�tv the timfts ntetc.i Ir S�:de,-�4(�}t;.:ow. --
<br /> + Thts raurtdod amount will be my new interest rate until ehe next Change Datc.
<br /> � ��"�' The Note Holder will then determine the umount of the monthly paymenc that woufd 6e sufficient to repay in tWl the pdncipal 1 am
<br /> .. exflected to oWe on that Change Date in substantially cqual payments by the maturity date nt my new Interrst rete.The resuft of this enlculadon
<br /> wiU be the new amount of my monthly payment. a-�::
<br /> (D) 49mSboelntercst RtteChae�a �
<br /> The interest rntc I nm required to pay at the first Change Datc wiU not be greater than 9•?5 _°1i or less thacn �,�;�.
<br /> � 7S r. hereafter,my interest rate wiUnever be increased ordectaased un an si le Ch ��� ����
<br /> o T y ng nnge Datc by morc than
<br /> . �z a�� from the rnte of Interest I hnvc becn paying for the prceeding twelve monthf.The minimum interest rete on this lotsn will never be �,�;,
<br /> less chan � 75 %and the mtulmum interest rnte will never be greater dian ��=�5 °10. �F
<br /> F.. .
<br /> , (G) EtfectiveDateof Changes
<br /> . My new intcrest ratc will bec.ome effceuve on each Chnngc Dnta I will puy the amaunt of my new monthly payment beginning on the first �___`
<br /> � � monthly payrnenc date¢far the Change Date until the amount of my monthly payment changes ngain. ��:-
<br /> �,' . �-,-•..
<br /> • (F) lVotieeotCh�eaes �'-``
<br /> ' � 7Yie Note Holder will mafl or deliver to me a nodce before each Chanpe Date.The naice will advise me of: _-
<br />`+ �,• :�� . qp the new intcrest rnte on my loan as of the Chnnge Date; '�`
<br /> + � (ii) �he amount of my monthly payment following the Change Dutr,
<br /> ; (i ii) any additiona]mutters�vhIch the Note Hotder is required to disclose;and
<br /> . . � ` (�v) the¢ddras of the association you could contact rcgarding nny questiona ebout the adjustment notice.
<br /> B. CHA(IGES;LIENS
<br /> Uniform Covenaot 4 of thc Security Instrument is nmendcd to read as follows:
<br /> �. Chuge�;I1em.Dorro�ver shatl pay all taxes,assessments,and other charges,fines,and impositions attdbutable to tlie Property which may
<br /> � attain n pdorily over thls Security instrument,und leaschold paymenu of ground renu,i[any,in the manner provided under paragraph 2 hercof
<br /> or,if not paid in such manner,by Sorrower making payment,when due,directly to the payee thereuf.Bortower shull prompdy fumish Lender
<br /> till notices of amounts duc under this par,�nph,nnd in the event Borrower shnll make payment directly,Borrowcr slioll promptly fumish to
<br /> � Lender ntti{xs evidencing such payments. Borcower shaU promptly dischnrge uny lien which has priotity over thts 5xurity Instrument;
<br /> ' however.Bonower shnU not be required to discharge nny such lien so long as Borrower: (a)shall ugree in writing to the payment of the ,
<br /> � obligatlon secured by such Iten ln the mnnner acceptable to Lender;(b)shnll in good faith mntut such lien by,or defend aEainet enforcement of
<br /> � + such Ilen in,legal proceedings which in the opinion of Lender operate to prevent the enforttment of the lien or forfeiturc of the Property or any ��:,
<br /> ' 1 pan thercof;or (c)shall secure from the holder of such lien an agrcement in a form u�isfaciory to Lender subordinnting such lien to this ��
<br /> f = - _- --
<br /> SeCUriry Instru�cnt. `
<br /> � If Lender determsna thnt nll or nny pan of the Property is subjec[to a lien which may attain a priority over this Security Instrument, i
<br /> Lcnder shall give Borrower a notice identifying such lien.9orrowcr shall satisty such lien or take one or more of thc actions set forth above
<br /> � within ten days ot thc giving o(the notice. i
<br /> �� C. N01'ICE �
<br /> Uniform Covenant 14 of chc Security Instrument is amended to rcad as follows: '
<br /> � , � , 14. Nollce.E�cept for any nocicc required under appl icable law to bc givrn in anothcr manncr,(a)any noticc to Borro�ver provided for in this �
<br /> � ° 5ecurity Inst rument shall be given by delivering it or by mailina it by first class mail to Borrower nt the F'roperty Address or at such other addrcss �
<br /> ns Bcrro��tt may dcsignatc by notice ro Lcndrr as prnvidcd harein,and(b)any noticc to Lender shatl be Ricen by first class mail ro Lender's �
<br /> � � nddress stated herein or to such other address as Lende�may designate by notice to Borroxer as provided herein.Any no�ice provided for in this
<br /> � Sccutity Inst rumcnt sh�U bc dcemect ro have bccn gi�en io Borrower or Lendcr when given in thc manner designated herein.
<br /> � I
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