|
`:t.�r�� _. : :.c .._ , .. w -�,-�._.�..r....... ., .. ,��.-,,:. . �;
<br /> ::i �:.e;.`�,:.._ ,_—:t.. �-.t`ot�..1�.'t ".1 _•.r ;«.�.w.^':r..,v�tY"�"?"�� Ly ...4�
<br /> r � _._.���_,A",..� t_S"= �= _�"S_���_ � .,- S R� ..�_
<br /> � Y' �� �.� `� ` `�• � � `,��r..n � �f :� � � f�i t� ' `� ��4t —
<br /> �.L',Y�y� '}�'2s-�-r � � �.L,-_ �' ` y �S i�L ti��.�#�'�,'L,`.I�?����.�'.E:.''�.� }'.�� ' `N' ��4't °-`L'�.e*�y�"^"„ 4 - •
<br /> cs .II �
<br /> . ' ` < . ' ` . . . . . _ • ' � � ! �. . . �'.. _-
<br /> � , ., • , , . � � . - � , c , . . � - V��,���� . � `~ .�
<br /> � ♦ � • ` � . ' _ ' � • . . • � � � —
<br /> .. - ' . . . . e � " � � � ` --
<br /> .� � � � ��1U3�'�I.E .RAT� �E� : �2ooz�aso . � =
<br /> . . �t�x��r,► raa�-�c�� � . � � — -
<br /> — . . � �. � � . : �
<br /> ' ADNSTABLE RA'I�RIDER is mad$this 19TH �,of . SEPTEMBER � . ' ` =
<br /> . , 199� ;and is inrorporated into aad sd�all 6e de�med to sm�nd and supp�emeut th�M�rtgage,Deed of ` . _
<br /> • Tr�t csr�et�fritY�d tthe°Seas�ity I�str�ent`?af the same dase gi+ren by th�ouders��d(the'B�roaer")to , � _
<br /> . ' �ec�ire the Botro�rer's Adjusta6le Rate Note( e°i�Tate")to �� � _
<br /> The Equ�taGie fluitding and lcae Assoc�e�ion�f Grand Is4and, Bebreska, A FeQeral Sarings 9snk _
<br /> �_._. . ,. . .. � - ' . .. ._ ,. -�.. ._ .... • ---- -=_ : °
<br /> _.__ .----..——_�-�ermer"�of�fita�nedate audr�verm�:t�sy cc�seiw��t i„���'y#�• .
<br />� � 2023 W F�RST ST GRAN� ISl.A{�SD, NEBEiASKA� 6$8a3-5408 -
<br /> • . . t�m�l ' , . .
<br /> THE NOYE CONTAI[�S PROV[$1�N� AL{.OWING �R CHANGES IH �79,E IYIiTERE&T
<br /> ' ' pATE AND 'fHE MON7WLY PAYN9E161F. THE .N07'E R�M�S THE .AMat�� �E �. .
<br />` �. BORROWER'S lNT�RES'F.R1�TE;`�fCl�"tii CWANGE AT A4� ONE TIPP►111� �L1i@,'�; �, . . .'�:;�:'�,, � •
<br /> � s dVIAXIMU�RQ4E THE BORROVI/�41�9]!S'i'PAY: � . � � .
<br /> '!'.�• "'.,. .ii .:.,, � . �., : .. . ..:,.1,� ..!''1:�' ' � �,.,•.'`.::. . 7' . .
<br /> •a� ��;$�a,��}OVENAN�'S.in addttt�iita the covenanLs attd agt�eenq�ts ma�e i�i i}ie 3ecarrst�l'?r��snme.TU. •°:., , .
<br /> : � $orrawerand I�,�sfustt►ercove�aat andagrea�s foflows: "•;` : .. . .
<br /> -�_,,. �;: .
<br /> :.: , • . ,
<br /> . ..
<br /> . . . ___....1�:INTERE.ST RATE AND 11�O1VTHLY PA�(MEN�CHANCE.S�-�----�--;-� --�------------ --.-._._._._ .-.---:... ..
<br /> 'IYie l�ote.provides for an initial interest rate of ' .7•250 � � �5.The Nart�pmvides foi�es in
<br />- the inter�t rate aad We inoNhlY�ayme�ts.as foltows: _ . ` � • , .
<br /> � ' 4.�11'i'�RT�C IdATC AND MONi'ALY L�A9iNiCNT CAMTGES .. . . . .
<br /> • � � tA)Change Dates ` QC70�ER . � 2000. � ,aacl ca t1�at .
<br />- � 'ihe in2ergst�ate 1 will pay may change on the�t day of.
<br />- � day every IZth month thereafter.Eac�date on which cayimterest rate oaWd change is culIed�a'CI�ange Daze." �
<br /> . � (8)Thelndex . . ' , • , .
<br />_ � � Beginnin$with the ftrst C6ange Date,my interest rate wi1!be 6as�om aq Indcx.The"Index"is the wetkty _
<br /> average yield an United States T�asuiy sewrines adjusteii to�constant matur'ty of 1 year,as made ava�lable by
<br />, • the Federal Resesve Board.The most m,cent Iade�c Sgure available as of the date 45 days.before ench t.haa$e Bmta
<br /> 1S CSIIEd.th6°CI11iCLt IIIdCR.• ' .
<br />_ . If the Index is no longer availabte.the No'te Hotder wiil choase a new indcx wbich is 6ased upo��tuab�e
<br /> � informalion.The Nate Holder will give me antioe of tPiis choice. � �
<br /> � . ,
<br /> � (�Calcalati�c�Gfmnges �. ' . ,;
<br /> Befon each��re.Dat�:ttte Note.Ho2dor will calculate my new inter��;aie by�ddiag „ ;�,. ,
<br /> . � �yyp `. ; perc�eentage goint(s)f . 2.¢00. • 4b)t�?«ie G'�irent . ,
<br /> - �das.'I�e Note Hvlder.will theq round the result of this addidon to the near�si one�eigfl9�of on�percenta�e ;':�, •
<br /> . , point(O.t25%1. 6ubject to ttie limits stated iaa Seaion�(D)below,thia mt�Qed amaunt wiJt be my�w.�rest ' .
<br /> . rate until the n�C�ange Date. . .: . • ' • ��';:'`: � � � .
<br /> - '. The Note}3��will then detscmiae t�x;-.u¢,.isunt af the monthly payment tt�at wopld be suffici�i`�i regay tbe .
<br /> . anpaid'prtnapaJ that I am expe�ed to owe:it si�e Ct�nge Dute�n tiill on the Mamrity Uai�at my new interext rate .
<br /> - in sn6stantlallY equal Payments.?�resuit a�chia calcutation wiU be the new amaunt of my montWY PaY�i• . �
<br /> � �Ng LlmiPs on Interest ttate Cha�ses .�. � 9 250 � ` .
<br /> ' 'I'he imterest. �e required to pay at t�.e first Cbanga Dute will not be gceater thaa. • .. .% .
<br /> � ' ar tess than �'•�� . %_'IY�eseafter,my intcrest rate will�never be increased or�Qeereased on
<br /> anY s,ngle Chan�e Date by more than two percentage points(2:09b)from the��u2�exest I ha�ve f�paS+u?S
<br /> fMy$i�nteregs��l�a�e wil��never�be�IeoweP�ian�5.250Ab, � �.
<br /> . (E)EfPecttve Date oi Changes . ,
<br />_ My new interest rate will become effective on eacb Chan�e Date. 1 will pay the aat+oun!of my new tuonthiy �
<br /> � . payment be�inniag on the firsa manttily payment date after tAe Change Date�intil the amoynt of my montl�Iy . �
<br />� payment changes again. . �
<br />� � (F)1ltottcc of Changes � � . .
<br /> ''' The Note�lolder�vill deHver or maiI to me a notice of any�chan�es in my interest rnte mtd the aafuunt of my.
<br />;:;j monthly payment before the effective dnte of any chaage.The aotEee wW inciude infosmatioa require�by law ta . •
<br /> be given me and also the tit�e and teleplione nusnber of a person who will answer aay question I may have �
<br />.�� regarding the notice. � .
<br /> _� �
<br /> 14lU►YtBTAtE AOl�1STABLE RATE ftIDER•ARlN 5�2-Singto Femity-Fannta Mse/FradQlq Mao Unifatm fnstnar►em
<br /> . . ' . . . f�amt 31118l8b
<br /> �-922A�s�� , � sr�.a�.uoaeaac�caarns ieoo�sz,•nsa • �• �' ar,r,s�o�.aocv�uevaam
<br /> , . �. > �.i: �
<br />
|