95104024 - Laserfiche WebLink

Browse

� � Mh.;,T• � __._,_:.: , . .. . . n:r.--.. . . ... ._ �.. .. ..'n:7 �_' _ ---__— ._ - - __....... .. ....._.__. '_ .. ... ... . _ . ... ._'�.-'_.. . . . ... .+c . ' r�� y .. - . �. .f-.[��.y: y - .. . ."_" _� ��%K��I•" ��Ytr�Yl�j'_7".� ' ....-...- ___ . - ��c�s�.A.��.,� ��'rl� lRi�3E�, " .,.. (i Yrnr�'rauwry it►�{ex� it�t�lL'rpw) , ��U2?3R9 _ . • . . 1 HYM da of .lLIME , THIS AI).�1l1S('A�1.N CtA7'�?Rln�:�ts mrulc thls Y _____ - 1995 .�nd Is incorporAtai into nnd ahill be detmed ta amend and suppiement thc Mortg�y{e, lload of 'Prust ar Security Ueed (the "Srcurlty Instrument")af the�duto givan by the undensigned(rha'Borcawer")ta � ssxure 1he Aorcower's Adjustable Rett NUte(thc"Notc")to Tt! E�eit!hie Buildin� soc� Lotn Asseci3tinn ot OrenA island, Ii�braske, A Fnderel Slviny� Blnk - (tho"I.ender")of the r,ame date und covering the pruperty descrlbed in the Secueiry Insteument er�d locatad e¢: __ - � 911 � LINCOLN a7 GRAND ISLAND� N�9RASKA 68f3(?t- 4 - (A„i,eny Rddrc�� 7HE NI/T� CON'i!'AINS PROVISIANS ALLOWING FOR CHANCES IN THE INTERE�'t HATE Ay0 TNE MONTHLY P'llYMEN7. THc NOTE LfM175 THE AMOUNT THE BORROW�R'S IN7EREST RAT� CAN CHAfNGE AT ANY ONE TIME AN� TFiE NIAXIMUM RATE Thi�BORROYYER MUST PAY. " ADDTI'IONAI.COVF.NAN'I'S.Yn addition to the covenants and agrcernenu made in the Security Inswment, �: `s`1 Borro;vi:r nnd Lender fu;t!ier covenant and agree as toUows: �= A.IN'1`E�REST Iia1TE AND MONTHLY PAYMENT CHANGI:S --- � -:;� The Nnte provides for an inldnl interest rate of % .125 %.The Note provid�s for changes in ___:��, w:;intcr�.st ratc and the monthly p:i�ncnts.As follo�rs: �_-__- �-= 4.YNTERE,ST 1tATE AND MONTI�Q.Y PAYMENT'CHANGES �— �f+'_ -<:;�:,`.� ZA;C;�ssg�r3a2� � y Tt�e interest rate I will pay may change on the fiist day of J U LY , 1 998 ,end on thut , = d,3y every 1Zth month thereafter.Each date an which my interesc rate could change is called a"Chonge Date." _ __ (B)The Index __._ . Beginning with the first Gl�ange Date. my interest rnte wiU be based on an Index. The"Index" ia the weekly _ average yield on United States Treasury securities adjusted to a conatant maturity of I year,a�made avdilable by � -� the Federal Reserve Board. Tlie most rc�;cnt Index figurc available ns of the date 4S days bcfore each Change Duu `- is called thr.'L'mYCnt Index." -- _�� If the lndex is no long�r avail�ble, the Note Holder wiil choose a new index which is bused upon comparable -_ -`� information The Note Holder will give me notice of this choice. "MH __�� QC)Celculatton of Changcs �__ ---�- Hefore eacYi Change Date,the Note Holder will calculate my new interest rnte by adding �;-:, -._=?� 1Y,p perccntage point(s)( 2.000 %)to the Current -_ - Index. The Note Holder will then round thc result of this addition to the nearest one-eighth of onc percentage "•� .'t..- --:7 point(0.125 0). Subject to tlie limits sutted in Section 4(D) below, this rounded nmount will be my new interest '=.: -- � ratc until thc next Chonge YJate. -- �� The Note Holder Will then determine thc umounc of the monthly payment that would be sufficient to repay the �"` �;.� unpaid principal ihat[ am expected to owe at the Cl�ange Date in full on thc Muturity Uate nt my new interest rnte _�'�� in substanti�ily equal payments. The result of this calculntion will be the new amount of my monthly payment. �� _:�� ' ;� (Ll�Limlts on L�terest�Rute Chnpges � � 9� y 2 5 ThE interest rate I am r uirod to a at thc Crst Chan e Date will not bc retiter than ! � �'��'� or less than 5.� 25 9'0.Thercafter,my interest rate will never be incre,�.sed or decreased on 'y�� . °•'�'-� any si��gle�liange Date by morc than two percentage poinu(2.0�10) from the rate of intemst I have been paying `�"�:� for the pneccding t�velvc months.My interest rate�vill never be nreater than �2•� Z 5 `9'0• ��:� My interest rato will never b� lower than 5.125AS. '=�� (E:)EfPective Date of Chun�es � My new interest rate will become cffective on each Change Pate. I will pay tlie aanount of my new monthly -�* payment beginning on tlie first monthly payment date after the Change Datc until thc amount of my monthAy � �..�.; S. payment changes again. �� _:�'_ -�"•" -� (F�Notir.e of�hanges �- �_�f_� v_�a___.:�� a_�::.............:� ...... .....:..,,.,f on�.•hona�c in mv intrrnst r.ite:aud the amnunt c�f mv - -- , - aea�a.vto aawv�� w uru•�..v. ..uu• w•..°v$.......�... _y '__.n" '_''_� -.. _;;.:��. monthly payrrtent before the effective date af an,y change.The notice will include information required by law to ._;",;, be givcn me and also the tid� ;u►d tclephone number of u person who will answcr any qucstion I r►�ay havc � �_:,��•� regardin�thc noticc. ` � :�,;� . ��,;,, R1UlT18YATE ADJUSTABLE RATE RIDER•ARM 6•2-Singlo Fumily-�Fennie MaelFroddie Mec Uniform Instrument � i • Form 3111 318Fi i :..} . - �a-SaYA ID30GI VMP MORT�AGE FORMS•18001621•7291 �, PrM�[d onROCYCIVC Popor I .• ' ! . ....t." __' ".'___... .... ... _.._. . .�...'___._'_'_'.._...—..'_".'_ "" ' ....__._ - _ __.__'._ _..'.. _•____'_�'—_____- __...:�.."�'.._"'__. _._____—"_ .