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<br /> ��' `' t"` F� .� ` ' i'i9tS ADIUSfi'I!tlLB RA'i'E F.lDEtt fsma�e W+ �4Tii eqy ot OCT�HER ' t9 s�. . - -
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<br /> .-;:;�t;=' -_°��� ;.�' tRa eaata date gIvw bq�e dndem[�ed tt�c"Sorm�+aF"y to spcuro Bor�a�er'a AdJnsiab:c Rate Nata(iDe"Note")ta Nfl�1H�EiE�R91 !iltttTl
<br /> _ --r�_..-.,F�-'. - .__. � �(l�1C��iRdl�Gt��Dot ihe 4ame date a�sd caverins�e OmDe�sy dacetbed m tGe s�urliY[nsua�ent anQ iosuFd ac: � . .
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<br /> ::,�...,.:.���.," ' '• : 1312 WES7 8TH ST.. GRR�ID ISLAND NE 68B01 : � ; . =-
<br />,,..� .� . � • . � (ProDcnY Address) , , • --
<br /> °� � � - . 'f5I1 CO20 COBfa�II9 PT��O�!�Q�i1�8 eCi�YlS ID tEY[1litTEl�.�! l3d IDP �oA�Y - -- -- - --
<br /> - � :, py�ymcan,TAts aoYe�tso!lmid the amnuai mj+[�tcr�st rate a�caa�n�t aaY a�tI�t tad •
<br /> �{ ' � �, aCtR f�mtDdmam ta0 tLe�siauns ratelranst pay. . • . } :.
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<br />.:�;:.'47.'���."��.G'..�...� . ,
<br /> �"�_f�. , ADBTf[ONAL COVENANIS.[a additfoa to tLe cov�anb and agc�ts asadt in the Seciuity Ir�suume�.Horra��r aud I,eada -
<br />_ '� . furtherooveaaatandagrceasfollaws: - • .
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<br /> -�i`;..f,°.`'` c.`" A. II�7'ER�7'RATE AND M(1Niffi.Y PAY1�fEN'P CHIIPIG�9 , ` • • . � •
<br /> `'"� •Y ' `•. .� 19ie Nate provideM1 far an iaitial inien.st rate of. �•75 %a SuUoa 4 of tise.Nate paovi�es for chaagq in the intaat rate aad tlit
<br /> ��: . , r . monthSypaymwv.esfolIaws:. , . ' . .
<br />-- � 1. /MERES9'RsiTEs1NDMONTHLYPAYMEIVI'CHANGES . ' .
<br /> . ; � .� Gi) �� .
<br /> . TtreinierestratelvdllpaYmaYchaageonthefustdayof .� NI{}RCH .I9 96 .aadonthatdaY�Y � _
<br /> 1 moatbst6enafter.Y�achdateanwhichmylnrera-tratecouldchangeiarnlIcda"(�sa8ei?ata" •
<br /> �.�f..,,. T.� . . .. _
<br /> ' ' �) TRe Irdes `
<br /> •�;.• . � ' B�ingwitbthe firstCdanBe Date,my interest rate�vIU bebased onan Index.'fhe"Iadac"istheweekty avernge yie�dan UaIted States
<br /> . .,� ,:., . . . ZYrasury seeurities adjosced to a constaut mat�ity of 1 yrear.as mada avaifa6te by th�:Federal Reserve Board.The most recent Indss Figuse • -
<br /> ' , � avaDabieas ofths dateas daps6eforeeach Chang,e Datetscalled the•'C�urent Indea." . .
<br />- : :,.: . •.� -•.
<br /> - �" Y • • 'If the IndeR is no ionger avaflable,the Nou Holder arill choose a new iades which is�npon comparable inioimaHon.'!�e Note �'
<br /> ' , �:4.., ;; .. • Holduw�7l�ivemenoticeoftLischoice. . . ' ' • �■�e= .,LL�•
<br /> � . I�fr�'-:m�:
<br /> .' ,, : _ ;� (�9 a�4cat�tianofCmagn � TutO AND ONE—NAlF � ---��—
<br /> .:,,;?��t . , Bef�:e¢acL Change Dau.the Note IIi�r'.�wlil ralculatc a►Y new iatec�st rate hy addIng Da��B� . �'=`:
<br /> ; y��� 2.5 %)to the CarrcrtTm'.xx aad raimdiag to the nr�,��I/Sth of 1%,subjea w cL��its stated in SecHoa 4{D)�. '�::
<br /> : `;,�,,�'` . . • . Thia ro►mded amoant w3116e my new inteczst iate undl the n�ct ChanHe Date. • .
<br /> Ttie Niote Holder ariU c�determine the amount of the monthly payment that w33r�h:r.�ficaeai to repay in fatl the prtndpal 1 am �
<br /> � �� � � . � • �to oNe an that Change Date in substantfally equal paymenta by tAe�aduity d'ate z:�y new interest rate.7Tte resvIt of this caIculatiaa
<br /> . � " an'DbetIIe�^v►amouatofmymont6typaymeat. . '.. -
<br /> � . ".�� , ` � f�) FtmlbonletezrstRate�cga • . .
<br />_ . _ ', ,.� . 'fbe iaterest rate I am requised to pay at the first Change Date will not be greata thaa 8-?5 % os�o than ;" .
<br /> %.TAereafter.my iaterest rate wIll never 6a icaeased or dee�ased on aay single ChanSe Date by moce tk� ��` � �
<br /> T er
<br /> '. 2•� from the rate of interest 1 have been paying for the preadiag twelve months.The minimum interest rate on thii taan cvill never be
<br /> � 11.75 ' - ~'
<br /> , 'A+,�; IessthaA �•75 %andthema�dmuminterestratewillaeverbe than %. • . °.�".
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<br /> .-�;'• ' • ` I• ' (L� P1tesBveDateolt�ng� '��.
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<br /> , ��;,. ,. �� My aew iataest rate arill beoome etfective on each Change Date.t adll pay the amow-.t oi my new monthly paycnent beginaia8 on the first ;- ��
<br /> s��A,}! . . .mantlily payment dauafter t�:z CAange Dau unsil the amount of my monthly paymeist cts��agais�• ;t�1 {�
<br /> .._ , . . ' (j� NOtICC01Ch�e� •.a'f,rr -•��
<br /> .� ' 'iYie Note Halder wW mail or deliver to me a notioe 6efore each Cha�.IDa�e.The nodce w3ll advise me of: � ; �`��' --
<br />' F., � ' (h the new intuest rate on mylaaa as of thc Change Date: s�;�. • ' :`��r-
<br /> -�� � . . (ii) the amoune of my monttely payment follocr-;,J.3 c.':e Cfiar,;:233te; �Y �%"��;�-
<br /> .:,q. .• . . . ,•Y�;',
<br /> �, � ' (1i� any+addStional matterswhlch the Note Hai�is required to disclos�un� ' • � ' t;..i
<br /> ." (iv) the address of thcauodadon you cauld ca�'.aet regardir�r z.^y qaestions�.�t the adjustment notice. � t
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<br /> � � E. `;{':i.,. H. CA/UtGFS:3.ILN$ . . - .
<br /> � •, . ' Uniform Covmant 4 oi the SecuritY fasuument is emended to cead av folloas: � � ', �
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<br /> . 4,t�nga;I1en�,Eorrowes shall pay aU taxes.assesmeats.and other charges.fines.a;,.�i�positions attributable to t�:�`:operty whlch may �_
<br /> � ' sttain a pdority over this Securiry lasuament.ead I�sehold payments of gre•:ad rents.if su►y.in the marmer provlded und�paragraph 2 hereat � � '
<br /> ; �.�� • , • ��.'. ar.it not paid ln sucb manner.by Boaower making Daymmt,whm due.Ciresxly to the paya thereoL Borrower shall promptly fumish Lender +�.
<br /> - .' '. •• all nottces of amouat9 due under lhls Daragaph,and in tAe event Borra�rar stiaall make payment d3rectiy,Borrower ahaU promptly furef�to .
<br /> r���. .•: ti � . Lenda rudDts evidencing such paymenb.Boaower ahall promptly dischazge any Uen whicb ha�priority over this Sac�ity Insuument; : ; �
<br /> ;� • „ hawever.Borrower shall aot be requind to discharge any sueh lien so lang a�Bonosver:(a)shall ngra in writing to the payment of the
<br /> 1 : o8iigatton secured by such lien in the mannet acoeptable to Lender.(b)shaU in gaad faitb caatest such lirn by.or defena againse enforament of ' :�?.
<br /> �,-� ' •. �. such Gen ta.tegal proceedings whfch In the opfNan of Lender operate eo prevent the rntorcement ot the lien or forfeiture of�he Propeny or any • . . • +s_
<br /> ,h� � . � part thereaf:or(c)shall secure from ehe holder of such lien an agreement ia a form satlstactory to l.ender subocdinating sucb Uen to thls .-'
<br /> • ." �Se¢wity Instn�ent. " ♦�•-
<br />_ � ., 1(Leudec Qetaminp that ell or any par�ot the ProIIerty is subject to a tien whlch may attain a priori�y over�his Security Instrumem, , � .
<br /> =. �•� . '� . . torth above ,. .
<br /> _ .- Lenda shall give Borrower a notia identifying such Gm.Bonowes shall satisfy suct�lien or take one or more of tAe actIons set
<br /> � � �. withiatendaysofthegivingofthenotice. � � �
<br /> ., . C. Ntriit� '
<br />-•� � � . UniiarmCovrnantl4ofthe5ecuritylnshumenti9amendedtorendasfo4ows: �
<br />_�� ' <
<br />_� � � • Id.Plaliee.Fxceyt for any noflce uquired under applicable law to be gi�•en ifl anotAer mannrr.(a)any notice to Sorrawer provided for�n[hi�
<br /> • Stcurity lasuutnent shall be given by Qelivering it or by mailing it by fust ctass mail to Borrower at the Property Addras or at such other address .
<br /> �'•� . : as 6ennwer may desigaate by aotice to I.eader as ptavlde�hereln.aad(b)anyr notia to Leada shall be given by first ctass mail to Lender's •-
<br /> �, � . . eddress stated herein or to such other addreu as Lender may des3gn3te by notice tv Bonower as provided herein.Any notiee provided for in this
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