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95104785
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Last modified
3/10/2012 11:06:09 AM
Creation date
10/21/2005 9:18:43 AM
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DEEDS
Inst Number
95104785
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4: . i;�;:;��,�.,..��.�� :�.._ <br /> .� � h'` <br /> . _-tu`� ' ' �±i�{+�••'-�'!�t°6` � ' �•r - <br /> � ,. . <br /> �y�y' W.��yj�.w l ".�� �l - <br />.'_.'.�7�I �� . .. ." __��.�51�} __ __�Y � ?J _- --� <br /> �t� . . . . ...._. <br /> _..��!'lllw.�!r:•�lRT2crRrn'�usr.a�mmv�.os�...--..--�_.___._ _ _ .�_ .___.... _. . .. _ <br /> � <br /> 95— iU�'7�95 <br /> . �. <br /> ADJ�JSTABLE RATE RIDER Zooa�aos �� <br /> _ (1 Yeur Trea9ury Inderc-Rate CApe) — _ <br /> THIS ADJUSTAHL�1tATB RIDER!s mnde thia 14TH day of J U LY . _ <br /> 1995 ,and Is lncocporatod into artd shstll be decmed to am�nd i+nd supplement the Mortgage,DeEC{ of � <br /> Tcuat or Sc�curity Der�(the"Secur�ty Instcument")of the seme date gfven by the undeesigned(the'Borrawer")to <br /> secure the Horrower's Adjustnble Rate Note(the"Note")to <br /> thn EquiinbteBu{iding end lonn Aseooietion of �rand Island� Nabraska. A FederaT Savings Bank <br /> (the"Leader'D ot tQie same date and covering the property describad!in ttes Sacwity Q�m�at and located at: <br /> 1406 N WALNUT WO00 RIVER, NEBRASKA 68883-9124 - <br /> [Pinpe�ty Add�ssJ <br /> THE NOTE CONTAINS PROVlSIONS ALLOW1I110 FOR CHANtiE3 IN THE INTEREST <br /> 6dA7E AND THE MONTHLY PAYMENT. THF NOTE LIMITS THE AMOUNT TFIE <br /> 90RROlA�ER'� INTEREST RATE CAN CHA1i1GE AT ANY OPDE TIME AND THE <br /> MAXIIYIUM RATE THE BORROWER MUST PAY. <br /> ADDITIONAL COVENATVTS.In addition to the covenants and agreements made in the Security Instnunent. <br /> Borrower and Lender furth�r covcment and agree as foitowe: _ <br /> A.IN'd'EItEST EtA7l'!E AND MOIVTHLY PAg'MENT CHANGES <br /> The Note prov(des for an initinl interest rate of 7•625 �k.The Note pmvides for c6anges in <br /> the taterest rate and the montWy payments.as fopows; . <br /> 4.INTEIt�ST L2a1�AND MONT�.Y PAYII�NT CHANGES � � -_ <br />- 4������� ' <br /> The irrten�st r.�te i`aill pay may chenge on the f:st day of Al9Gl.IST ., 2000 ,and an thut <br />_ day every 12t6 mam3d thereafter.Bach date on which my iaterest rata could cbnnge ie c�lled a"Change Date.' <br /> (B)1'ite Index <br /> Begirmiag with the tirst Change Date, my interest rate wUl be based on an Index. The "Index" ia the weeicly <br /> average yleld ai Unitod States Treasury securides adjusced to a constaut matur�ry of 1 year.as made available by <br /> the Federal Rae:ve Hoard.The most reant index figure avallabte es of the date 45 daya before each Change Date <br /> is caUed the"Current index." <br />° If the Index�s ao tonger avallable, the Note Hotder will choose a new index which ia based upon comparuble <br /> - infom�atioa. The Nots Holder wiU give me nodce of thts choioe. <br /> (G�Colcu4tlon oi C6anges <br />_ �3efon each Chenge Date.the Note Holder wfll cx�tculate my n�w interest rau by adding <br /> '(Wt0 P��Poiin(s)( 2.�00 %)to tho Cuxrent <br /> Indoa. The Note Holder wW then mund the result of t6is addltioa to tke neacest one-eighth of one peroentege <br /> point(0.12596). Subject to the Umita stated tn Soction 4(D)below,this rr�unded suwuat wiU be my aew inurest <br />— rate until the nextChsnge Date. <br /> The Nute Holder wlif then determtne the emount of the moathly payment that would be sut�icient to repay t6e <br />-� unpaid p�inclpai that I am exQeaed to owe at the Change Date in full oa the Maturiry Date at my new Intemt rate <br /> in substantisapy equal payments.The result af this catcularion wt116e the uew emount of my monthty paymeut. <br />— (D)Ltmtbon Interest Ratt CLanges � � 9.62 5 <br /> Tha intereat rate I am requiract w pay at the first C e Date wW not be ter than 9b <br />� or less thaa 3• 825 So.Them,after,my intcrest rate wlll aever be increased or decreascd on <br />= any singla C6an�ge Date by more than two percemage points(2.OSb)frora We rate of interest I have boen paying <br />- for.tlte�tecoding twelve moaths. M interest rate will never be gcrater thpn � 2•625 � 9'0. <br />= My ,ntereat rate wi�l never be lower than 5.62SAS. <br />- (E)EftesUs�Date of C6anges <br />— My aew fnter�st raie wtti bacome effective on cach Change Date. I wilt pay the amount of my new montWy <br />= payment beginning on the Rrst monthly payment date after the Change Date undl the amount of my monthly <br /> � payment changes again. • . <br /> �� (�NottceolChanges <br /> �n,.,N�rp x�l�urltt de�ivrr or msiil+A me a notice of anv cLanees in mv interest rate and the amoant of ray <br /> monthly payment befure the effective date of eny change.The nodce wtil include informadon required by law w <br /> be given me and also the tifle and telephone number of a person who witl answer any questlon I may have <br /> regerding the notice. . <br /> MlOLTtSTATE ADJUSTABLE RAT@ RiDHN-ARM 6-2•Single Famlly•FanMs Mee/f�eddie Mac Untform tnstrument <br /> Form 3111 8l86 <br /> �.BZjA�OlpB� VMP MORTOAfiE FOIIMS•18001821•71Bt � p�htad pn Rocytlod Pper <br /> �.y <br />, . , � <br />
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