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<br /> : • `' , , � (!YestFreasuty Iada�-RateCays) �tO'����Q��� `�''
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<br /> � ' � . 1'HISADNSI'ABI.HRA7ERIDFRismade+�t� 3F� ,,�of JANUAFtY � . . ts gs . --
<br /> — . , `, , � • , and is mcorpatated in�o�d s�aD te dsmsi to ammd end sappl�mt tLe Mortgage.Qeed of Trast.or Stc�ity Beed(the"Se�trity InmumeaY9 of • -
<br /> ' .� �'� ' t�e same daze gTivm by the uadasigaed(the•`Bom�wer'�w sxure Borrowa's Adjustable ltate Note(the"Note�to HOME PEOERALQRAND � . , --
<br /> , 'lSI�HD(the�Ti�der"1 of the same date aad covuing the pm�ty dasn'6ed in the Seauity Iastnmm�c and located at: ,� ;. °�.
<br /> •. . . � . . � . .�:.r .
<br /> - � , . . . , . . _. :�^��-.
<br /> � � . : 321 W. F�NNER PAfiK RD, GRAND ISLAN� NE 68801 , � '"-
<br /> • � � . . :7
<br /> - �...__ .. ._. .:�_e (�II�v Address) '� ,
<br /> --,-'--� ,.,� ..— _ ' , � TEta ao4e oua�tns provEstoas aIIo�fng tor chaagcs In my fafere.st nte aad my montLty . - , .
<br /> , � ,,, .••. Dyymeata.TALs rtote atrso limita tae amoa�t m9 tnteiest�ats ean cAaage nt aeg oae time and ° ,` � � t.
<br /> �._' _. __:_ ..�_ aLtot6emiatmnmaa0themgtmnmeatsimastps9. •,,_�� . '" -
<br /> - • <� . . -
<br /> - , .. -' - - ._., . ADDi1TONAL COYENANTPS.in addition to the coxenants aad agre�nents made in the Seauity tn�,••,en Borrower and I.mder . �
<br /> _ � . . furthercoveuantandegreaasfoII�vvs: ` .
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<br /> �• � A. II�TEItE6T MTE AND MONTHI.Y PAYMENT CHANGES , ':�.,`'j'
<br /> � , iLe Nou provtdes far an iaitial intezest mte of 8.50 0�0.Sxtioa 4 of the Nou yravides far cmanges ia tf�e iaterest tate aad tLe `' • '_.:,.'��
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<br /> -t . ' - , � mantlilY PaYments.as fouows: :�.. -t��:;� :.�
<br /> _ � �, ,:t+;:.'�`4J..�T�- __
<br /> �, . . .� � 0. INTERES�'RATEANDMONTHLYPAYMENPCHANGES '`'.`f.::'a'wo�°�=`
<br />�� � , ,� .. � (AJ CB�ogeDats �y. ;;s'�.�c.�..� _
<br /> •.II�=-,__.
<br />-� . • - - 7hewterestntelwiUpaymaycdaageonthePusidayof FEBRUARY ,i4 96 .andonthatdayevesy - �`3.-�,;�;�-
<br /> _"- � 9� cnonthsthereaRer.Eac6dateonwWct�iay�°�tsatecoaldcdangeis�::�^a"Chaa�eDate.•, ���==�--�'�,
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<br />--�----� �----.._ _ �� . .. --�) T6t�ndac . _ . .. . _ . ... ... .... . '..:_ .. -- -_..... _._,. ._._..:.._----� -- ----��--�-- ;r`.;;�v�;��_
<br /> . . .. . Beg3naIag whh the fust ChauBe Dace,mY interest rate wpl bebas�on aa L�zx.The"Index"is WeweeklY average yidd on UniteB Sratra y `'��
<br />-,: �•,' �. 7'�easmy saauities adjusted to a constant maturity of 1 yrar,as made av�")ats:e 5y ffie Fcdeal R¢serve Baard The most receut Iadex fig�are .�s�
<br /> � ' avalla6teasoftt�edate45daysbeforeeachChangeDateiscalledthe•'Currentlnctex." ',t--�
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<br />, . ° . . if the Iadac u ao tonger available.the Note Holdes will choose a cew indea whic6 is based upon caarparable 3nfo�aS.The Kote `Y":�`
<br /> ` . .� . ' . HaiderwiII glve me notice of[his cholce. _ - ��� .
<br /> . -�- .. � � �� .,�,.�
<br /> '� . t� i�tcut�floflo�Chan geg THREE AIV� L�UE-H AL F �
<br />�5 . .� ' Before eacb Change Date.the Nou Holder wiU calculate my aew interat r�tsy addin8 Duc�ta� .
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<br /> •� :. . . _. , pointy� 3.5. �'o)to the Current Index and rounding to the nrarest IBiz of 1%,sub;,ect to the limits srated in Section 4(D)b1ow. ��
<br />--..� :, • Th�s rounded amouut will be my ne�interest rate un1�7 the next Change Date.
<br /> �� • Tftc Note Holder wiU thw determine the amount of the montiily paymeat that v�oWd be suffident to rtpay in full the prinripal[am • •
<br />�°' �:. . . � e�cpected to owe on tl�at Cbange Date in substaatia^y equal paymeuts by the manuity date at my new interest rat��he tesult of this calnilatfon
<br />�.� .. , � . , will bethe near amamt of my monthty payment. .
<br /> ��: �s . .
<br /> (D) Idndt�oel�enstBtte�angcs � �
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<br /> '�. � � . 'me interest rate 1 am requIred to pay at the fi�ct C�ange Datc will rtot be greatu than 10.50 % os Iess than r
<br /> . , R_50 �lo.Thereafter.my intaest rate vrill never 6e incrrased or decr�on eny single Ctsaage Date by more tlian �0 ,
<br /> ' �from the rate of intercst i have been paying for the preading tarelve months.The minimum interest rate oa this loaa w�l aever be `'i�
<br /> �� •� � � less thau 6-�� %and the maximum iaterest ratewiU never begreaterthan 13.50 %. 5� .��'
<br /> �_ ' . . (L� EiPerflve D�te of C�aag� �
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<br /> � . � �. My new iatast race wItl6ecame effactive on each Chaage Date.l aill pay the amount of my new montl�Iy payrmmt tregtnning on the fiTSt �f3;;---_ " y
<br /> -� �.%;� . . moat4dY t�Yi+��t dateafter the Chaage Date until theamount of my monthlY Dayment changes a�ain. ° —
<br /> ;�- , . . •- (P► NoHaeciC6aagts . -�;"i.�s,���'_-
<br /> �� � . 7he Note Ho::�r will mail or detiver to me a norice before each Change Date.The notIce aill advlse me of: '�::�,�,�'��-�._
<br /> •.g.. r) the ncw interest rate on my loan a9 of the C6ange Bate; . - i =
<br /> �x (ii) the amouat of m monthl �����
<br /> y y payment foUowiag theChange Date; ' �- - -� -=
<br /> � ,' (iii) anyaddidoaalmatterswhichtheiVoteHoldaisrec�ilredtadisctosr.aad .'��*�
<br /> � � rv) the a4dress of the assaciatIon you could contact regarding any questions about the adjustment noticc. � �. �' ' �.,;�.,
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<br /> ' • � B. �A4ZGE5:II;IENS . • � - �
<br />���, . ' � Unifrnm Covenant4 of the Securlty Instrumenl is amended to read as follows: �
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<br /> • 4.�ugn;Lem.Boaower ahall pay all taxes.a4ses�ments,and ether charges.fines,and imDosirions attrtbutable to the Property which may . �
<br />� � ' . : stta:n apriority ovv thls Sxurlty imvumen�and(easehold paymenss of ground rents,if aay,in the manner provlded under paragraph 2 haeof � , � •
<br /> �, _ , or,if not paid in s_cb maruier.by Borrower maYing sayment,whea due,directly to the payee thaeof.Sortower ah�ll promydy furNsh I.eeQer � �•• " r
<br />�F� ' ' • � . ell aatloes of arnounts dae uader thls�aragraph.and in[he eveat Bonower shaU make payment dircctIy.Borrower shall prompdy ture�ish to ' ..
<br />� � � � � l.ender re�eiDts evldrndng such paymcents. Bonower ahall prc�tly dlscharge anyr lien which has priorlty over this S�uriry Instrument; � . .
<br /> - . '� hcrever.Borrawer shaU not be required to discRazge any mch lien so long as Bonoaer:(a)shall agree in writSng to tha paymmt of the �
<br />---- . �. _ � c<:ugadan secured 6y such Ilen in the manner acceptable to Lcnder;(b)sha1)in good faltb coatest such lien by.or defead a8ainst enforcanent o! '' �
<br /> ' • - , sach 14rn in,tegal procerdings which in the opSNon of Lender operase to prevent che enforcement of the Ilen oz foNeiture of the Proyerty or aoy � . i-
<br />— " part thaeof;or(c)shall secure from the holder of such lien an agreement in a form saNsfactory to Lmder su6ordlnating such Uen eo this � , ,
<br />�. E .. . Saurity lastmmmt. . .
<br />- �• . If Lender detetmines that all or any part of the Property is subject to a lien ahich may attain a priority over this Security Instrumrnt, • •
<br />-�� � I.ender shall gSve Borrower a notice idenHfying such Qen.Borrower shall satlsfy such tien or ta&e one or more of tSie actions set forth above • � '
<br /> '-j .; � ~ • with�n cen days of the glving ot ehe notice. �
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<br />-__ _ � G TIOT[CE ! . ., ,.
<br /> _�� ...f.._.,... ..� � UnIform Covenaat t4 of the Security Insttumeat is amended ro tead as follows: F .
<br /> ���` ' � . 10. Notla.Fa�cept for any notice required uaQer applicabte law to be given in another manaer.(a)any noHce to Borrower provided for in this � � '
<br />_ . 4 � Secnrity Insttucttet�t s4ta0 8e given by dellvering it or by maiting it by�rst class mail to Bono;ver at the Property Address or at such other address � .
<br /> - � . � av Barrower may designnte by notice to Leader as provided herein,and(b)any notice co Lender shall be given by�rst ctats mail to I.eader's � '
<br /> �� , ; � . . addre�stated herein or to such other address az Lender may designate by notice to Eorrower as provided hetein.My notice provided tor in this
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<br />-''�- -_ ?:� ' • �._ ,._ S�uritY laswmeIIt shall 6e deemed ao have 6een givrn to 6onower or t enAer when p,�vea la the maaaer desiasaleQ tureiQ. �=.-_----.-=
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