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l)�5�� . r .Lvi7 . _'l <br /> . .i . . ��(l'�f.� _�.. .. .�.-. <br /> _" / �. . . 6'•__ _— <br /> . ....� . � � ' p {�., — _— <br /> .. � <br /> ��y : , �. <br /> . . <br /> ...... <1 - ___ �_•{a-��. ':e � I .. i"r'vP__..__�—��i.PR1}�.4��K�.�S�Y -��!!� _ <br /> .1 ' " ' _ _—' . . . _ -- <br /> • ' � 95.. ��n►y <br /> ---..�s•.w <br /> � • =-_ <br /> ��tdS'I'ABL.E It,A`I'E YtID�E� 2oaz�aoo <br /> —. (1 Year Treasury Inde:-Rntc Caps) — <br /> TFIIS A�]iJ5TA8LB ttAT�iiIDER is madc thls aRD �y of J ULY , �_ <br /> 19 9 5 .and ia lncorporated into sn�shall be dcemed to c�cuend and supplement the Mortgage.Deed of <br /> Ttust or Secuciry Dead(the"Se►.vr�ty Instn►ment")of the same date given by tdie undersigned(the"Bornnwer")to <br /> socu�the Borrawer's Adjustable Rete Note(the"Note')to <br /> the Equitabie Building an0 loan Associetion of arand Island, Nabraska, A federet Savings Bank <br /> (the"Lender')af tho eauze dat6 aad covering tha property deser':�fn the Security Instrwnent end located at: <br /> 4087 W �APITAL AVE QHAND ISLAND� NEBRASKA 88�03-1117 <br /> [�P�nY Addrael <br /> THE NOTE CONTAINS PROVISIONS ALIOWINO FOR CHANGES IN THE lNTEREST <br /> RATE AND THE MON7HLY PAYMEAIT. THE NC7E LIMITS THE AMOUNT THE <br /> BOHROWEB'S INTEREST RATE CAN CHAN(iE AT ANY ONE TIME AND THE <br /> MAXIlMUM RATE YHE BORROWER MUST PAY. <br /> ADDdTIONAL COVEI�iANTS.In additIon ta the oovenants and agreemeats aiade in t3�n Securlty Iastruawnt, <br /> Homuwer and Lender funher oovenant aad agreo es foUawa: <br /> A.INTEREST RATE AND MONTHLY PAYM�NT CHANGES � <br /> The Nute provides for en initial iaterest rate of 7.6 2S � • ;fo. The Note prov�i�es far chauges in <br /> the[nterest rate a�d the montWy payments.es follows: <br /> 4.INTEBLFST RATE AND MONT�.Y PAYMENT(:HArTGE5 <br /> (AJ�%�n8e vates <br /> Tlie interat rate I w+ill pay may change on th�first day of AUQUST , 2000 ,and on that <br /> day every 12t6 month�thereafter.Each date an wWch my intereat rate could change is cal�ed e"Change Dau." <br /> W)1�e Iude�[ � �� � <br /> . �eginnin8 wlth�the first Change Date. my laurest rau will be based on an.]ndta.7�C"Index"ia the wakly <br /> average yield on iJrtited Staus Treasuty securitics adlusted tv a oon�ta�►t ma{urity of 1 yea't.as made available by <br /> tbe Fcderal Resen+e�oard.The most c+ecent Iudex figure available as of the d�uo 4S days bafore each Change Dato <br /> �8 C8110d t�1E��.51tICAt ItldCx." <br /> If the Iadex is no lnnger availubla,the Nate Holder wW choasa a n�w indeac which is ba4ed upon wmparable <br /> iaformution.The Note Holder will g[ve me aodce of this choice. • <br /> (�Cakvlttton o'f�lwnges . <br /> Befotrj each ChBngb Date.the Note Holder will calculete my aew interest rate by eddin$ <br /> �yp', percentage poiat(s)t 2.ObO ' %)to the Cumnt <br /> Iadox.�The Note Holder wUl then round the nsult of this addi�ioa to the neaiest onoeigtith of one pesnemage � <br /> point(0.12S4b). Subjcet w the t�nits stated in Section 4(D)below�thia nouadod amouat wlil bo my n�w interest <br /> rate untll t6e ncxt Change Date. <br /> 'tha Note Holdu will then determi�the amo�ant of tbe monthly paymem thst wou[d be su�iclent w rcpay the <br /> t�npaid�rincipal that I am expxted to owe at the Ciiange Date i�i tWl on the Mawriry Data at my uew interest tate <br /> in substau�aily equal pa9rments.'I9�a res�lt of this calculation witl be the new amount of my monthly payment. � <br /> (D)Limit9 on bttereat R�tte C6anges � <br /> The interest rate I.uet�requiral w pay at th:first ChanRe Date wW nat be greater tt�an 9.82 5 eX, <br /> or less than 5.82 5 gb.Thereafter,my interest mte wili never be incrcased or deccrasad on <br /> any sIngi�Ehange Date by more th�n twA pero�cuage poiata(2.0�)from the ratc of iMes2+est I i�ave ban paytng <br /> for the pr+eaociipg twelve months.My intemst ratx will aever be�neater than 12.625 gb. <br /> My tinterest rate wi11 never be '�ower than 5. 825%. <br /> (E)E3�a�ive Date oi Ct�es <br /> My aew interost rau will beoome effecdvo on eash Chxnge Date. I will pay We amount of my aew monthly <br /> payment beginning on the Srst n�onthly payment date after the Chtinge Date undl the amouat of my monthly <br /> payment changes c�gsin. <br /> (F�Noflce oi Chsnges <br /> _ Tlte Note Holder wiii deiiver or maii co me a nadee oi any ceanges in my irtecesc�ace mid irte mnvunt oi ary <br />_ monthly payment before the effecdve date of any change.The notloe will include infom�ation required by law to <br /> be gtven me and also the tide and telephone number of a person who will aaswer any quesdon I msy have <br /> regetdit�the notice. <br /> MULTISTA7L AD.[USTABLE RATE i110£R•ARM 8•2-Singlo Fcmlly-FannU Ma�/ksddle Maa Unttorm hntrum�nt <br /> Form St 113/�6 <br /> �$2ZQ19�08) VMPMOAT�3AGfFOIWS-i8001871•7481 � RlntadpnRxyelMPpet _. <br /> .:� . . <br />