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<br /> �: `` . . . . . �A�BJUSTABY.E I8A►� RIID�R� �5„� ���� � ` �
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<br /> � � � �� 11�IISAD�I7STABLE[twTFR[II�ERismade�h;� STH_eayot JANt1ARY _ � � � t9 95 - �,' ' -
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<br /> `-�<• . . . and ts tns:orpaiated into aad aQaU be dec�i to ammd end sap�Iemeat tho Mort�age.Dxd of Trmst.or Se�uic9�(�adSeaaFty insnumtat"t of --- , ' ,
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<br /> ' `• t4e s�t date gtvm by che aadasigaed(tde••Boirowpr'7 to sec�t Borrowtr'a A4justable RBte l�iott(the"Note'q to ROfAE FEOERAl.(tiRAN�, .
<br />_ - . }�LA�(tAe"Leada'9 af the saffis dau aad covesfag ehe pra�ectY daatbed in We Sear[ty Instr��t mid 4omied at: �� �,` : . _-
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<br /> • �� - ' � LILLIE DRI►lE, GRANO ISLAND NE 6880� : '' ` �"� `
<br /> _; ,�. -_. . . �
<br /> .. . , ` ' (FroPatYAddressj �-- ......
<br /> . . � Thb aate wn�m pmvidflm allnRin; [ur chaaqes tn�y tn4er�9i ate aad mg manthty • `: `': „�"°`'
<br /> • Ospments.'Ihi�note aiso timtb t$a�mosml my iatesat rate crn c�nge at any one ttme aad __
<br /> _.: aLsot�emiaf�tadt��admumtatelmastpsy. �^ -'--
<br />:�', ' � '` • _ • �`." ���
<br /> . . . ' mDDri'[02NAL COYFNAAPfS.1u addrtion to the eavenanu and agreements mnde in the SanritY fas Boaower aad Lender • , .' .. i F
<br /> ..,���„_,t
<br /> .,, ` . furthtr�veaantandagteeasfallows: � . , . "'�"��,�-�:; t
<br />�r„�: - � . . . .,��.;� • ' .
<br /> � . `�' � A, II�+T�A'IE AND MON7'fILY PAYMEK[CHANGES . • ' ' . ,��'_���
<br /> � . . ' ' � 'Che Nose provIdes fw an initiat intcrat rate oF �_00 %.Section 4 of the Note provides for chsngs in the intmest rate aad ttie ' - ...h�-
<br /> � � • manthlY 1xiYmeAts.as follows: . �?''�`•=-- -'-
<br /> "''� -
<br /> s �a ,. . = _-
<br /> ' `� • ' 1. IMPEREST RATEAND.MONTNLYPAYMENPCHANGES . ;��`��—
<br /> � �_�=�.
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<br /> � � . . " (A) C�aaeDatt� . '"' T
<br /> ', --: 'f , ThefaterestratetwffipaymaychangeontheFirstdayof JULY ,I9 9� ,andonthatdayevery ��• •t�,, r.—
<br /> �-. . . - --- -� ---�-�----12- _..----monthstbEreaftsr:-Fashdaceoawtiichmyinterestratewuldchangetscalleda••Changz�ata"---- ._- - . � . �,,-. .—
<br /> . - . ,-,- . . ._.__ ...--� ---. _ _. ..__ , ...,: —
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<br /> r •. _. � ,/ �� • � , ..:r�S�V�IR._: _
<br />, +...:• � BegInning arith the fust Chat►Se Dat�my interest rate vn7l be bas�on an Iadea.l7ne"Indac"is the weefdp avaageyield oa lTait�States =___---
<br /> , Trras�y sxarJtIes ad}usted to a constant maturity of I year,as made availabte by the Federal Reserve Board.The most ro�ct Iadex 6gue. ,,.�.'r�^��-
<br />,..,_ . . ..., ..,. . .. "•
<br /> •� avu7ableasofthedata45days6eforeeachChaageUateiscaltedthe••Curreatlndex." � � �°
<br /> •� ' If the Inda�is no tonger ava�7able,the Plote Holder wUl choose a new index which is based upoa mmDarable information.7Ue Nou ' ��` � I
<br /> _ , ...� , � Holder willgiveme noda of thicchoice. . . , �„ -
<br /> . � . , t� C,atatttloeoiCeaagrs . TWO ANO ONE—HALF ' , �
<br /> : .. : .:
<br /> � ' Setore eas6 Change Date.the Nou Holder wW ca(culate my new laterest rate by a�diag peroenta8e ` ���
<br /> . . poinu� �-�+ %)to the Current Indoc and rounding to the aearest t/8th of 1%.suL•ject�o tlte limits stated in Secbinn 4(D)6elow. � ---.-
<br /> • This rounded amount wiU 6e my aew interest rate unal the next Change Date. .'�j "`
<br /> � � • • The Note Ho1da will thm detetmine the amount of the monthly paymeet that would be sufficient to repay in full the prinripai I aa , � ,� �
<br />,� � '. , acyocted to owe on that Change Date iasubstantially equal payments by the matnrity date at rsy new interest rate.The cesutt of th3s calculati� � � _
<br /> . ._._. wllBsthenewemountofmy�anthtypaymeat. - . � .�--,:! --
<br /> • ' (D) Idm[tq on interestl�Le Changes , 'f'� .
<br /> � ' '['he intaest rate I am requised to pay at the first Change Date will not be greater than 9.00 % or teu than . " "" .
<br /> �lo.'i'heceafter,my interest rate aill mver be increased or dearased on any siagle Change Date by moretAaa T�0 ;'��'' '
<br /> ara
<br />; � . . � . 2.0 o from the rau of Interest 1 have teen paying for the preceding twdve months.The minimum interest rate on this loan will aever be .: �'.'�`. ���-
<br /> 5.00 _'r ',.�.. _
<br /> • • . le�than %and the maxlmuu�interest rate e�:!never be�eater than 12.L�0 %. ;,�;'.t •�
<br /> u�
<br /> ' • . IED Etfectt�e Deteof Cbaeaa � • r`�'-
<br /> • .;..`a My new interest rate�viU becomtetfective on each Chaege Date.l will pay the amount of my new monthly payment begjnniag on the first .`.• .�i,`;�� �
<br />_ _ . . monttaIy paymmt date after the Change Date�n7 the amount of my monthlY yayment changa again. � • . . . ��"c
<br /> , . t ty . . f• _
<br />:`i: • • . ' (FI Notiet o!Cbio6b . . . � �'
<br /> � The Nou Holderwill mait or deliver to me a aoua beforeeach Change Date.The nodce wiU advise me of: • • . . �tF ,
<br /> `�: � � � (i) the new intaest rate oa my Ioaa a�of the Change.Date; � -='�'`a
<br /> _�, f� the amount ot my mon � '�`. �.
<br /> thly yaymrnt folloaring the Chaage Oatr. �-�� "
<br /> '.�. � (ii� any additIoaal matterswlilch the Note Holder is required to disctose;and � . � -�
<br /> ;� � , (iv) the address ot the associatton you could coatact regarding t�ny quatioas about t6e adjustment noHce. � _
<br /> .� . . . . !
<br /> - � . . � t� CHARGES:LIENS � -
<br /> -. . `,.
<br /> � ,i '„ . • � iTniform Coveaant 4 of the Securlty Insuument is emended to read av follows: •
<br /> ' 1.CbnEa;�a.+.Borrower shall pay all taxp,assessments.and other charges.fines,and imyosidons attributable to tEe Propeny which may � � . '
<br /> �. '�� . ' • � ,� attain a Dtior..yover thls Secarity Imtrument,�d Ieasehold paymenu oF gtaund rents.if any,in Uu manna prcy3ded unQer Daragraph 2 hereof . � , ".� i
<br /> �,� � • � � or,1 t nat paid tn such manaer,by Bo:rower maldng payment�when due,directly to the pay�c�erwL Bocrower shall prompdy fumisA L,ender • � . � ' �
<br /> "y` ' • aD noUca oi amounts due under tNs paragraph.and in the evmt Bonower shall make payc.e.�t dircc►ty.Borrower sh2(1 Drrmytly fumish to • �
<br /> `�',�l.- • � . • Lender recs;s evtdencing such paymmts. Bonower shall yrompdy discharge any lien+�::ch haa prloriry over thi!Secut(ry idsWment; , .
<br /> � -�" however.Besrc�wet 3hall not be required ta 4scharge any such llcro so tor.3 as Bonower: (a)shall agree in writ�ng to the papmeat of the �}
<br /> ' i ' obligation secsed by such Ilm in Ne manner acceptable ta Lendu:(b)shall in good faith contest sucQ lien by.or defeM against enforcemeat of '
<br /> .1� �' . sucb llen in,tegal proaedings wDich in the opinion of Lender operate to preveat the rntorcceseat of the lien or forfei[ure of the Pcoperty or any k �
<br /> � � � part thereof;or(c)shall secure trom the hotder of such lien an agceement in a form sadsfactory to Lendes subordina8ng such Ilen to this
<br /> •' . Securiry Iastrument. ' �
<br /> � � If Lender detrnNnes that aU or any part of the Proyeny is sub]ect to a lien which may attain a pdority over thi�Security Insuument, • \_
<br /> Lender sdaU give Bosrower a notice tden8fying such lien.Barrower shall satisfy such lien or take one or more of the�actioas set forth above �
<br /> �.' . �
<br /> adthin tea days of the giving of the notice. � � .
<br /> . .}. .
<br /> ° � C. N07[CE ' . � .
<br /> ' Uaiform Covmant 14 of[he Securiry laswment h amended to r�d as follows: � •
<br /> � !d. NoBce.ExceDt for any notioe required under appflqble law co be given in enother manner.(a)any notice to Bortower provided tor ia this � ' •
<br /> . ' � � Secutity tasitument shaU be given by dellvering h or by mtiling it by fim class mail to Borrower at the i+ra�erty Address or at such other addras f � �
<br /> � '` � e�Borrawer may daignace by notice to Lender as provlded herein,and(b)any noHce to Lenda shall be g�ven by first class mail co Lender's
<br /> . . .: .
<br /> �-•- .- - -- .__-°: -..:: �ddrs��hceiAQrles�ko!liesast4lressssi�tdermay s� 5yantiasQB�cro�Yuss vid�hasiss.AayuoNseprot�i�edlo:3ashis ------_--__ _
<br /> � as pso u -
<br /> � � � � • . Security►lastrument shall be deemed to have been given to Bonower or LenQer when given in the manner designated herein. � .
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