95104610 - Laserfiche WebLink

Browse

� �. ., _: .. � -- -- .. :, , _- _ - . , ,. �::u�..,.. .: _,-:. -- -_.—. . . .,. _ .:.. .__°:- ---- „ ,,. ... . .. 1�.,._ _ _------ - _ �_ ..__�__- ' :,9 5- �q,�G'l11 . _- �4DJUSTABLE RATE RID�R Zp027398 _ (1 YearTreasury Ind�x-Rate Cppe) – TkiI9 ADJUSTABLB RATE RIOER is marie this 11 Thl �y of J ULY � � 1995 ��nd is incorporated Into and ahaU l+e�deemod to a�t�end and supplement the Mortgage.Doed of Trust or Securiry Deed(tha^Securtty Iastrument")of the saam dau given by the undersigned(the"Borrowex°)to secure the Borcower's Adju�table Rnte Notz(the"Note")to The EQaitabie Buitaing and lam dasociation of 6rand Island, Nebraske, A Fade�al Snvings Bank (tho"l.ender")af the sance date and rnveric�g thz pmperty d�cribed la the Securlry Iasuument c�nd located at: - 1815 S ARTHUR ST GHAND ISLAND� NEBRASKA 88803-5836 IProPenS�Add+rssl THE NOTE CONTAiNS PROVISI�NS ALLOWING FOR CHANaES IN TNE INTEREST RATE AND THE MONTHLY PAYMHNT. THE NATE UMiTB THH AMOUNT THE BURROWER'S INTERES'� RATE CAN CHANtiE AT ANY ONE TlME AND THE INAXINAUIW RA�E i HE BOiiROWWi'rAR MUST PAY. - ADDITIONAI.COVENANTS. In addidon to the cavenants end agreements mada in the Securlty Inauument. BorrowRr and Lender furthes coveaant and egree as follows: A.INTEYtEST ItATE AND MONTHLY PAYN�NT CHANGES The Noue provides for en Initie! irterest rate of 7•250 Rb.The Note provIdes for chat�ges in tho intemst rats and the montbly payments.es foUows: 4.INTEREST RATE AND M�NTHLY PAYMENT CHAMGE6 (R►)C6ange Dates The intere.�t rate I will pay may chaage on the first day of AUaI!ST , 2000 ,and on that day every 12th montd thereafter.Each dete on which my interest rate could change ts called a"Chenge Date." (8)The Index Beg[nniag with the first Chaage Date. my iater�t rate wlU be based on an�ndex.'!'he"Iadex"is the weekly avc7age yIeld on Uaited Statea Treaswy securides adjusted to a oonstant mawrtty of 1 ycar.as mad�e nvailnble by � ttie 1'ederal Resenra Board. 1he rrwst c+ocent Index fig�u+e availsble as of the date 45 daya before each Change Date is calIod tha"G�ment Indez.' � If the L�eiez is no longer eveilable,the Note Holder will choose a new index which is based upon comparable infor�nadon.The Note Holder wfll gi�ti me natico of tius choice. {Cl CaicWatlon oY Clwn�es Hefore each C�ange Date,the Note Halder will calc�ilate my new intesest rnto by addlag Ty�p percenw�ge polnt(s)( 2.000 9b)to the CurreaY Index. 'the Note Holder wiU thea mund tha resWt of tMis edditIoa to the nebrest onereigh3h of one percxat�ge point(0.125�).Subject to the �imits stated in Secxtoa 4(�:)below. tl�is munded anmunt will be my new tnter�t . rate untl�tiie uext thangc Date_ . Tho Note Holder will tlaen determine the amount of the montttly pnyya�snt that woWd iso sufHcieat w c�pay the unpafd princIpal that I am eapectal w owe at the Change Dato in full on d�e MaWrity Date at n�y new Interest rate - tn�ubstanually equul payyments_The result of tl�is calculation will be the new amount of my monthly payment. (D)Ltmita on Inter�t liat�Changes 9.2 50 Tha interesi r5ate 2 5 Q required w pay at the arst Change Dute will not be greatcr ttian `� or(�� 9b.19sereaf�er,my interest rata will never bo increased or decceased on aay single Change Date by man tha�►two percentnge pointa(2.09b)from the r1atZe o2�t�en.st I have beea payiag fot ebe,preceding twelve montb�.M lntet+est rate will never be ter than �• t�i� ��nterest rate wi1�i never oe lower t�an 5.250%: (E)ERaUve Date oi CLangcs My«ew interest rate wilt become effective nn each Cluu�ge Date. I aiU pay the antount of ary aew inonthty pay;:�ent begianing on the flcst montlily payment dutc+after the Chunge Date uatfl thB amount of my imonthiy PaYmei►t chaa8es a8ain• . - ��Roiioe ai a.n�es The Note Holder wilt deliver or mai!to me n nctt{ce of eny changes in my intemst rate and the emount of��+ �nontW�payment before the effective date of any change.The not[ce will include infomnation sequired by law w be given me and also the dde and telephona num6er of a person who w1ll enswer any qu�sdon I ms�y luive � regarding the nodce. MULTISTATB AQJtJSTAHLE RATE RIDER•ARM B-2•S�ngto Family-F�ru�ie MnlFnddi�Meo Un[form tnstrum�nt Form 3111 8186 �-92Z/1183081 VMPMONTQAQ£PoAd19•IBO01�21-7tB1 �PrNteAanR[sYCtedPapar _ • ;��i r�