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<br /> "f,lil�AD1US1'tiHLk RKld RlDBR is rnade thb� f TH d�Yo f ��f�f��'ARY . _ - .-.14.�� . .�
<br /> �nd I�!M,rorporued into�nd d�Rll be deemed io emh+d ued�uppkment ttw Mon��e,Il�ad o!Trua.ar Sawity Il�ed(the"Savriq Ia�tru�M'7 ot
<br /> tFK�u�m d�te�lvrn by the unQer�iYned(tha'•borrowrr")to eecuro Horrnwtt's�R.djusubk R�te Nao(the"Na�"y[a KQ�...�'Q�M11�1�Al�IQ ��
<br /> �j�,1,(tAe"r.rnd�r")oL the auait dMe and covcrf�tlrc jruperty dattibed in the°ocuritr laurumant and lo�led u:
<br /> 1�z w. 6Tll ST�. GR!!MD ISLIID!Q nL sAAm
<br /> _ 311 NORTH CHERCiKEE� GRAN� ISLAN� NE 68803 ,
<br /> � (Properly Addra�) .�
<br /> TYM wte coruin pro�Mi�w�Mewi� tor cM�.x I� My i�krai n�la�M n���� • • �
<br /> pwy�luxk3-��'Ab wte�M�►N�)V tYe�w�aMw4 wY I�lera!rate esa cl�pyeaili aby.+►1i4e�9�►1d�rd
<br /> RNn Ibe nxipiwr��1 tMe n�i��w rak 1 aurt My.
<br /> ' ADDI'f[ONAL COVEN�NTS.In�ddition ro the covenants:nd a�rr.romts made in the Security instrument,Borrowa�nd Lende�
<br /> fiuth�rr cov�nant�nd yree ts foilows:
<br /> A. "`AN7'F.R�S'!'RA'IE AND MQN'tHLY rAY1MEN1'CHANGE9
<br /> 7'hu Nae provWa far�n INti�l(nterat r�tc of..._7._:_.75�'Ih.Secrion�ot the Noee provid«tar cfuin�a in the interat rate and tAo
<br /> montAlY p�y►neRts,�u tollow�:
<br /> �, /NT£REST RATF..INn MONTHLY PAYMENT CHi1NGES
<br /> (A) �AMM DNM
<br /> 'i'ht Intcrrst ratc 1 wlll pay ni�y chKnje on the tirs�dsy af _ mn�CH .. _..__.19 �� �,RnQ�n th�t day every
<br /> � �_.,,,_months therafter.C�ch d�to on whlch my interest r�te could ch�n�e li a11ed�"Ch�nAe D��a"
<br /> l�) 7'M I�dex
<br /> ° Be�innini wlth the fint Chanse Date,my Interat��te wtil be baced on an Index.The"Indea"i.s the wuekly averaje yicid on United Stxta
<br /> Trnuury ucurltiU adJwted to k constant maturdty of 1 year.w m�de avoit�ble by the Fafent!Reserve Bou�.Ths most recent Index tl�ute
<br /> - av�llaEk a ot tha datc 45 d�ya bePoro eacfi ChanYe flate is ailed thc"Current Index."
<br /> -w If the Indea Is no lun�cr avatlabic,thc Note Holder will choose a new Indcx whtch i�based upon companble intorm�ttion.The Nnto
<br /> ";�
<br /> Holder will�Ive me notice of this choice.
<br /> •., �G► �'��0"O«�'""�" TWQ AND ONE-HALF
<br /> 4;� Bef�rc each Ch�nge Uate,the Note Holder will calcul.ate my aew interest rate by adding Pn�Wt�
<br />_.-� poinb( 2•� Nq to the Current indea and rounding to the nearest 1/8th of 19i,subjcct to tha limits stated in Section 1(p)bdow.
<br /> Tlila rounded amount will be my new[ntcrest ratc until the next Change Date.
<br /> ' The Notn Nolder wi0 then dete�mine the aznount of the monthly psyment that would be aufticfcnt to repiy dn full the pdncip�l 1 un
<br /> '� ¢xpecteJ to owe oa tlnt Ch�nge Qate in substandally equal payments by the metuNty dato nt rny new interest rate.The rault of this calculatfun
<br /> _"J wltl be the new amount of my monthly payrt�ent.
<br /> �� lD) Umt4 0�I�terat It�te Cbsates
<br /> ' h� temt rate 1 �m requtred to pay at the h7rst Change Date wip not be greater thon �•75 70 or lw than
<br /> r'� �•7� �i.?herenfter,my inter�st ratc wfil never be increased or decru�ucl on any single Chaegc Datc by more thAn��
<br /> � „ z•� from the ratc of interest I havr.been paying for the preceding twtivc month�.Tt�r mfnimum interest rete on this loan wfll never be
<br /> , lm thrn 5•75 S'e And the maximum interat rnte wilt never be greater than 1 Z.75 ry�,
<br /> '� (E) Etfeetive D�tA ot CYi�esa °
<br /> ;:� My new interest raW will become effective oa each Change Date.[will pay the amount of my new monthly p�ymcnt begtnning on the first
<br /> .:� monthly payment Qa[e after the Chenge Datc unHl the stmount of my monthly payment changes again.
<br /> ,� (� Notkc of CJ�tr�es
<br /> Thc notc Holder will mnil or deiiver to me a notice before cach Change Dnte.T'he notice wlli udvise mc nf:
<br /> � p) che new Interest ratc on my loan as of thc Changc Date;
<br /> (if) thc amount of my monthly payment following the Change Date;
<br /> (ti{} any addltfonel matters whtch the Notc Hotdcr Is requtred to dfsclose;and
<br /> � (Iv) the address of the nssaciation you could contact regarding any questfons about the adjustment notice.
<br /> s. CHARGES;LIEN�
<br /> Uniforrn(:ovenant 4 ot thc Sccurity Instrument is nmended to read us Follows:
<br /> I.Charea;Licm.Borcower sh¢lt pny nll wxcs,esscssments,and other cherges,fina,and imposilions attributnble to thc Property whtch muy
<br />- att�In a pdoriry ovcr thls Security Instrumcnt,and leasehold payments of ground rents,if cuiy,in the manncr provided undcr paragraph 2 hcrmf �
<br /> or,If not paid in such mnnncr,by Borrower making payment.whcn duc,directly to the payce therwf.Borrowcr shall promptly furnfs4 Lender
<br /> all natices ot nmounts due undcr this parngraph,onJ in the cvcnt Norrowcr shnll make payment dfrecily, Borrower sliaU promptly furnish to
<br />- Lender receipts evidencing s�tch pay►nents. Borr�wer shall promptty discharge eny lien which hus priority ovtr this 5ecurity Instrument;
<br /> however,Borrower shall not be requircd to dtscharge nny such Qen so lung ns Borrowtr:(a)shali ngree in wdting to the payment of the
<br /> '� obligation secured by such Iten In the manner ucceptable to Lender;(b)shall in goad fafth contest such licn by,or defend agninst enforcement of
<br /> such Iten in,legal praccedings whtch In tiu opinlon of Lender operate to prevent the enforcement of the licn or torfeiture of the Property or any
<br /> ,.� put thereuf;or(c)shnll secure from the ho[der of such lien an agreement in o form sntisfctctory to Lender subordfnnting sucli lien to this �
<br /> Sttttrity I�satrument. i
<br />° i(LCnUcr aetermtnes thttt aii or nny part oi me rroper[y is suojec<<o a iien woicn may auain n prioricy over tina�wuriiy insirumcni, ;
<br /> Lendcr sliall givc Borrowcr u aoticc tdcndfying such Ucn.Borrowcr shnU sttNsfy such Ilcn or takc onc or motc of thc ncNons sct Porth nbovc ;
<br /> within ten dnys af thc giving of tlic not[ce. ,
<br /> C. NIYI'IC�F �
<br /> — u��iiwm Cuvcmmt 14of the Sctiurity Instrwnent Is nmenricd to rexd us foilows:
<br /> U. Notice.Bxccpt for any noticc required under npplicable law to be given fn anothcr manner,(a)nny noticc to Boerowcr providcd for in tiii+
<br />' Security Instrwnent shnll be given by delfveNug it or by mniling it by first class mnil to florrower nt the Property Address or at such other address �
<br /> ns Borrower mny designatc by noticc to l.cndcr as providcd hcrein,and(b)any noticc to Lcnder shnll bc givcn by first clnss mail ta Lendcr's
<br /> «ddres�stnted hersin ot to such other address as Lender mny designate Ny notice to Borrower as provided hercin.Any notfce provided for in this
<br /> Sccurity Instn�ment shnll bc dcemed to have bcen givcn to Borrowcr ur Lendcr when given in thc munncr designntcd hcrcin.
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