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.<,�.� . . <br />__�..r. � — _ <br /> — --- --- -- -- - <br /> --- --_ _ , „ <br /> � - ' ,. ' . . �►rK,� e�:-a�s�MSa � , <br /> , . <br /> { � �•�. <br />_' • —_ <br /> ADJUSTA��.� RAi7`� T�iIaE�9�,,,,a,Q�� - <br /> 'I'fl1S ADJU�TA8L�ltA7E RIDpR�i nMde thit 6� day oE �]1� � x995 ,Nd.ir <br />:: �,;;�,��;;,;;,�„:.::�:.^.'�:,,�!+���":"_'�['•,"^`:'!'�frMf r!kx}irrnrn�l�MJ 1Vp(XtAliRO�bOOd Of�LU3�pf SECpTiC�l'AOOd(Sfib"$0qi[1ty <br /> In�m}�.�waem")oP the a�rine da�e�iva�bY tbe�ndatr�ed(�e"F�aro"'er"1 w�ecxua Haro�ver'a Ad j�M S b t a Zca�e i�io�e(aie -_— <br /> „iR7FM/M! <br /> HU�IR P�I?BRAx, �971VINCiA i� LAAI�d A$�SOCxIl.Txi)DI OF aRAND xb�II,�N� <br /> (the"lxnder")af tho�une d�te u�tt wvaing the ptogoriy Aexribad!r�It►e Securi►y 1ntWma►t�nd{ocaled at: <br /> � tizA w a�xa aT 2Q20 W. 91TN AVF ___ <br /> a��rnp =er,�, KsaRr►sxA eeen�. GRAND YSLAND, NE 685[23 <br /> ��ny Raa���� <br /> THI;3 N�['E COI�dTAINS i''AOV(S'IOHS ALLUWING FOR CHANGES IN 14�Y II�'I'�YtEST 1tA7T�%AWU M1� <br /> MONTHLY PAYMENT. INCREAS�'S IN THE IN'1'ERP'.ST RA'TF WILL itESUL'� IN HIGNER Pl�YI1�RNPS. <br /> DECRFASES IN Tl�INTER�ST RATE WILL R�SUI�T IN LOWF.R PAYMENT5. <br /> ADBI'ITONAG COVENAYVTS. In addi�on w the wvenants and agreenxnta m�do 1►� trio Secur�ty Ins�unc�x►t. <br /> = Botrowa and I�ender f�covenant and agroe Kc foUaws: —.. <br /> A.INTERF.�T ItA'I'E AND MONTtiLY PA3iMFNT CNANGES <br /> 'Il�e Note provlcks Ca ea� inida! interest rate of 6.75a %.Tho Note provid� far chanqes i� dx <br /> inteies[cate and tne manfiuY P�Y���u,U.ai f�ttc aa -- <br /> — 4.IN'tEIfFST RAT�AND MONTHLY PAYMF:N['CKANGFS <br /> � (wj Lnanse uaies <br /> •� 1996 <br />� 'I�e intatist rete I will p�y may change on tho first day of �Y . .and on tl�at cLy <br />:: every 12TH rca�nt�thueafta.Each ciate on which my intrnst mu could chaage is callal a'Cbange Date." � <br /> ��� (B)T6e Indea <br /> :.r <br /> � Beginning wilh the tirst Change Date,my inteiesc rate will be bs�e�l on an Index.11►e"Index"is: <br /> ;,� THL�, WEBKLY AV8RAa0x3 YI�LD ON UNITBD $TATSS 'TRBASURY SECURITIES ADJUSTED TO A <br /> �� CONSTANT MATURITY OF 1 YSAR� AS MADE AVAILABLE IIY THE FEDERAL RESEAVE BOARD. - <br /> �� �Ihe most rocGnt Iadox fiauc+o available as of @ie date: �❑ 45 days[� — � <br /> � before e�h Ctiange Dste is callcd the"Cur�cnt Indax" . ___ <br /> �� <br /> `� If the Indeac is no longcr available,the Nou�Holcier will choosa a new iadca that is based upon comparable information. �__ <br /> �e Nou Holder wi11 give rne noace of this choice. `'`�« <br /> t'=-- <br /> :� (G)CAku4tion ot Changes <br /> � Hefote each Ci►ange Uate,t1�o Note Hotder will calculate my ncw interest rate by edding <br /> � TWO AND ONE HALF pCrcentagc point(S)( 2.500 9b) to the Cuaent Indcx. <br />- 'Ihe Note Haider will then tound tho res��lt af this addition to the 0 Neacest O Next Highest O Next Low�o). : <br />- oxs siatrra ( <br /> Snbject to tho limits stated in Section A(A)below.�his rounded amount wiU be my new int�resc rata until th2 rcat Cher►ne <br /> ' Datc. <br /> =� Tho Natc Iioidcr wil�thcn dctermine tho amount of the monthly p�ymcnt thnt would be sufficient to repay tho unpaid <br /> � principal that I am cxpected to owa ut thc Change Dato u►full on cho mawlity dnte at my new intcrest rate in substantIally <br />- — eqnai paymcnts.'Il�o result of this cslculadon will bc tho new amount of my monthly paymen� � <br />_-.,*, <br /> (D)Limits an Interest Rate Changes I <br />- P e ckeck app�oprlate lwxts;i�no box fs checked,tbere wiil be no muximum Umit or.:,han8es.) I <br /> ` � �(1)There wiu ba no maaimnm limit on interest rato chnnges. � <br />_�_:� a(2)Tho int,c�st rata I am rcquined to pay at the first Changc Date will not be grcatcr than e.�5 0 `�o <br /> �-_ <br /> ar 1 than a.�50 �o. <br /> �(3)Mv intesest rciito will never txi increased or decreased on any single Change Dato by more dwn i <br /> Two 88RC�rrr percenrage poinc(s) ( a.o00 �) from the <br /> � <br />•°�• caW uf int�xrst I havo becn paying for the preccding parlod. ; <br />$; �(4)My intetcst rato will nevet bc gr�cutcr than li.7 5 0 9b.whicl►is called the"M�ximum Itate." <br /> grcu � <br /> �HB "MINIMUM Rs'�TS" WILI, NSVRR SE L�9S THAN 4.750�5. , <br /> • IAULTI9TATH ADJU8TA8LE HATH f�iDER•Sinple Famliy ���� I <br />.. Papf t ol� � <br /> �•89�A(Ot0!) 4MP MORT�A�E FORMO•tB00162t•72G1 innult: <br /> •� � � j o <br /> `'r <br /> � ,.. <br /> � I <br /> — � <br /> i <br /> i <br />