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<br /> —�_—�_� O 1111:i�UJU�IAUa.tStiAl�t[luctiisncdcini�� 1�TU u����_ _ mA1f .1995 . __-_—
<br /> �rt—r_ � nid in lncor�sor.!tc9 iizto as.d Rheh i��cl::�acd to aricnd and supplcr,tFit the lL�ortpr.�e,Decd oP Trust,or Sccudty Q:cd(the°S�cudty Enstronru")of
<br /> °" "' • ►hc eane d�;a givcn�y ths vnQaetEncd(thc"ISOY�OV�Cf")to secure Borrowcr'u AdJustablo Rntc l�ote(the"Notc"�co ti4���c�ra�nu��ap
<br /> :. __�}.,..y;,;,f� i""�n"��(ti�c"Er.c�:r'9 of th�e:�me dete nnd cov;dna the prop:rey de�criUcd in the Scsurity Instrument nnd iocated nt:
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<br /> �-�""�`�°""—'� 2505 E. S�EDLING h1ILE, GRAND l5LAN0 NE 68901
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<br />;f`��f��r-� (Properry AdAtess) ""'
<br />='{�'`'---�--'�'- �� Thls rtota rostrilns��or�sla�u �ltoxip� (or cMar►tea le mq (atcresY rote aad roy mQnthfy .
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<br /> __�._;;���s�;:_,- psymenta.TAIs note rtso ii�its Ihc�mouo�my I�lereat nte can c6angie ae any oae tlme�ud .
<br />_'"���;,,�,Y�•o,• alsQ the ailnimam end IBe m�xlrnu�n nte i csust p�y. ,
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<br /> -: -_ _���,a ADDITIONAL COVENANTS,ln additton to ehe covef�ants snd agramcnts made in the Security Instrum�nt.IIorrower and i.cnder ..
<br /> =--��`:w•�'° Purthee covenant and agr�eas fallows: . '.�
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<br />_;;;,:.,� A. LNYERFS'd'12�iTE AND FoSOlVT11I.V PAYIH�NT CHANGES
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<br /> -_--_�'a� Tho Notc provldes for en(nidat interest rate oP�"'a�Scedon 4 of the Note provides for changes in the(nterat rate und the
<br /> ���■ montAlypsymenta,asfo7tmws: �-•`
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<br /> :.;k�,;;=;;ru.,� �, ►NTEREST R�I TL'AND M6Nd'�JL Y PAYMElVT CHANGES •
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<br /> -. (A) CN�rlMtes
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<br /> _ _,��yr,i�, The int4resi►utc l�:fI1 pay may changc on the Cir�t day of _ JUNE ��q 96 ,¢nd on tltst d�y et�ery • •_
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<br /> �w_- ._.•--=�---•+.r 7 Z months t�tereafar.Eaeh dnte on which my[nteresl rate cuutd chaage Is caUu1 n"Cha�ige Date." �f;;.
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<br /> •.`•..;�!. . (B) 'd'a0 II1dla �.
<br />:•���`.�„x�, � tie�inntng with the first Chnnge Datc.my Intcrest rate adll be based on an Indeac.The"[ndex"is the weekly avexege yicld on United State� g,T,=
<br /> ;;:;,-xy;;a�'p' ;'t� 1Ywsury aecuriUe�adJusted to a constant vngturity of 1 yetu,es mado avapn4le by the Fedtral Rescrve Board.The most recent Index flgure
<br /> .;�,�jt.;�r nvotlabte as of thc date43 days before each Chnn�,se Date L�c�4ed thc"Cunent Indeac."
<br />::a��.;;'.'*�'ti:'� ►t the Iudeac Is nn longer avnilable,the Note Holdct wtll choose a new index which!s based upon comparable infomtadoA.The l�Iote '" *
<br /> '' �i_ /I_iJ.L..uill i...wu wNiw��Plhis�iu�t�v _ �
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<br /> �k &fore each Ch�nge Date,the Note Holdu wlll calculute my new interest rnte by edding ��Q AND ONE-HALF percentage �`'
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<br /> ,.,�+ �oir.ra( a• e)to the Current[rtdea and rounding to the nearat 1/Bth of 9%,subject to the Umits atptr�+in Secdoa 4(D)below.
<br />�-- °��1' �' 'Ii�is roundod emount r811 be m new interest tatn until tfi:.next Change Date.
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<br />'-=':sr�s-:.,��"��;,� Tdc Note Hotder will then determine the umouns oS the monthty payment that would be sufflctent to repay 3n!uU th:pr�ncipal I um
<br /> -�a-c,,�;.rJirf�i?-. ��. : . . .
<br />' • � � expested to owe on that Change Date in eubstandally equal payments by the maturIty dnte at my�ew Interest rate.Tht rzsult of this cal�ut[edon
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<br /> �=�?°� � will be r,he new amount of my monthly payment.
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<br />-',;`°;,.--`v�`f:�';, ' (D? UmlbnnilmiereatRateCaso�w -
<br />�`-�i"4�'M`����Y The intutst �nte I em requtred to pay at the firat Chnnge Dnte will not be greater than 6.75 o1c or less than •
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<br /> -�'"",�:;� 4 7�5,�0%,a,�zz�fter.my interest rate wHl never b:lncreused or decreasul on tu�y single Chnnge Dnte by more tl�an�U
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<br /> 4E:,,.•., , �from the ratc of interest I havc 6een paying for thc precetling twelve months.Thc uilaimum intuest ratc on this laan wtll never be
<br />."�::""�:��.'". 1��� 4..75 woendthcanax3muminterestmtewtilneverbtgreatert6an 11.75 o�a,
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<br /> '-'��-'--�•--==�__ , My new intu�t rmte wiU become cffecdve on each Chanye Dste.I wiq puy the umount of my ne�.v monthly pnyment begtnNng on the fi[st
<br />_-_��'}��`��''�' �uoMhly payment druc uYtcr the Chet�c Date undl tke nmount of my monttily payment cbanges agaln. �
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<br />�=_,;s�.�:t�' Q� NotloeolChnYn
<br />._ ;. t,' -� The Notc Halder�vill matl or delivu to me a notice before each Chnnge Date.'fhe nottca wlll udvise rne of:
<br /> '.=�-�t'.,•i� �Y� (I) tht new intue3t rate on myloanes otthe Change Datc;
<br /> '�"� �•'� fiq thc n�r�unt of my monthly payment(oUowiag the Change Date;
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<br /> _-'��'_'" • (Uq any a�didonel matters wlilch We No�e Holdor Is reqvlred to disclose;flnd
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<br />- ��-.:�..:+.:•:.+i- ([r) the addras of the nssociudoa you could contacc regarding any questions nbout the adiustment notl�.
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<br /> ''�'�° ��::�'t'•' Uniform Covetunt 4 of the Securiry insuumcrt►t i�emeaded tu tead es followe:
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<br /> �,=__: ^�;_: , �. Ct�artes:I1em.gtonower sball pay aU taxes.e:sessmenu,and othcr charga,ftnes,cund impo�fdon�nttrtbutablc to tho Froperty whicl�moy
<br /> un
<br /> -:_�•: � attatn a pdariry ovcf thts Securiry Instrument,and(easW�otd payments of gcound rents,If any,!n the manner providerl nnder parngrnph 2 henof
<br /> '' .}}�" or,if not paid tn such manncr,by Etorro�ver making payment,when due,directly to the payee thereof.Borrower ahell prompUy flsrni�h Lendu
<br /> • � nIl notices ot amou:►ts duc under tbis paragraph,and in the event Borcower ehell make pay�nent directly.Borrower ehall promptly Nrriish to
<br /> - �� � � �� R�� [xnder recelpts evidmcing such payments.Bonower ahall promptly discherge any lien wh1cA has prtodty over this Security Instrumene;
<br /> . "' ` however,9orcawer shall nat 6e requircd to discharge nny such Iten so long ns Borcower. (A)ehall agree in wr[ting to the payment of the
<br /> '�.,:_ . . ;
<br /> •� °-��`� ��� abligation secured by such Uen in Ne manner aaccptnble to Lender,(b)aball in good fNth contcst such Uen by,or dtf¢nd agoinst enfarcemrnt of
<br /> • such Iten in,legai proatdtngs which in the apinton of Lender opemte to prevent the enforceraent of die lten or forfeiture ot the Praperty or a�y
<br /> �'�.-'�%• ..._, part thereof;or(c)shall sccure from the ttolder of such lien cin ngrcement in n fom�snti�6�story to Lender subordinndng such llen to this
<br /> -�-' 5csurtiyinstrument.
<br />. .� � '� zC t�L...W�.�l�..�1..��II...en..w..a nf�F..�.nwiv i�eu6lant en n ILn u�hinh mnu nttnin n nAnettu nvv thia G.+nuAw Intrnnt�nnt
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<br /> „ � Ler.d:r ahali givc Dorrou•er n noticc tdentiryit�g s�ch licn.Borro�ver 3hall sntisty such lien or take onc or morc af the actbons set forth nbove
<br /> within ten days of thc giving of the notice.
<br /> -° . ' C. NO'E'ICE "
<br /> ` Uniform Govenant 14 of tha 5ccurity Instrument 1s smendcd to read as foilows:
<br /> � - 11. NoUce.Except for any aottce rapuired mider nppiicable law to�e gEven in nnother mnnner,(u)nny natice to 0onower provided for in thi� �
<br /> ° Sccvrtri Instrument shatt bc given by dcUvcdng it or by mai[�ng it by first class ma[I to Qorro�vcr at the Proyerty Addrcs�or ut such other nddres�
<br /> -.-:. - 2�P�tiower may p���te by nottce ta Lender ns provie�ed herein.en!�(►.+)ony notice to 1,ender shall6e�iven by first class mail ro Lender'a l-.,
<br /> .• nddraa stattd hatcin or:o such othcr nddrese o�Lcndcr mny dtsignate by notice to IIorro�vtr ns proLidcd hcu:n.Any notice provided for in thi� �
<br /> ,,,; Sccurity Instrumrnt shall bt decmed to huvc Oecn givan to Burro���er or Lendcr whea giv�n tn the mtnner designatcd hcrein. I
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