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. .. �. �•:h\a r �. . <br /> _. _ .SjC.v'..��r.. . _ _ <br /> � '� � <br /> . . � ,Cr.M:�M+Cw,rt�T " _.. .. • <br /> •. <..��.. .. . � . <br /> .. �. n . . .... . . . "_ <br /> .������ '..'�t.. •G•1 � . . .. . -.—.�ir�r..rrrr.�.r.r�— <br /> .?LR .. ___ __ __— � - _ _ <br /> • .1 <br /> 7� , .) <br /> 1� ' <br /> �9 5—�.�475 � <br /> . � <br /> A,12JU�TAB�.,E �tAT� I�D�� Zoo2�a�s <br /> _ - (�Year 7Ccau�y Index-It,�te Gpe) — <br /> THIS ADIUSTABY.s ltATS R1DER ia mpde thia 26TH day of SEPTEiNBER . <br /> 19fl5 ,and ie iacorporatod into And edall bc datr�o�i tu+imejxl e�1 supplcmcnt the Mortgage.Isesd n�P .� <br /> Tn�at or Scwrity Dood(the"3ecurity Instrurnent")of the same date glven by thee uaderslgned (the"Borrower')to <br /> secure the Borrower's Adjustabte�tAte Note(the"Note")ta <br /> Th� Epuit�bl� Buitdiny and loan Asaoci�tien of Grind Ist�nd, M�Et�ski, � F�dtr�l 6�vings 8�nt <br /> 1�......�J M. . <br /> (the°I.ender'y of the sune data and wverl.g tAe pmperry arscnbodi in aie�ry ia,uw,;au: a:.�...,,,.......... <br /> 1217 N SH�RMAN 8T QRANO ESLAND. N�BRASKA 88803-3543 <br /> tproperty Addres�l <br /> THE 11i0TE CONTAIN8 PRAVI&IONS ALLOWINa FOR CHANGES IN THE INTEHEST' <br /> RATE ANp Taf� MONTHLY PA'YMENT.. THH NOTE UMITS THE AMOUNT THE <br /> BORROWER'8 iNTERLST RATE C/W CHANOE A7 ANY ONE TiME ANO THH <br /> MAXIMUM RATE THE BORROWER MUST PAY. <br /> ADDITiONAL COVENMITS.Ia addiaon to We covenant�and egra,ments mado is►the Se�rlry Inat�umeat, <br /> Bomower and I.etidet fiuther covenont eud agrx as follows: <br /> A.INT�RE.ST RATE AND MONTHLY PAYMENT CHANGES <br /> 1bn Note pravIdes for en iaitiql interest rate of 7.12 S 9b. The Note prov�des for clunges ln, <br /> the Iaurest rato ufd the monthlY PaY��•as fallows: <br /> 4.�1TERESI'RA'1'B AND MONTHI.Y PAYN�ENT CHANGES <br /> W Chto�eUates . . <br /> The imenest ratc I will pay may change on the fi�at d�r of OCTUBEii � �i3ati ,ead on iia� � <br /> day every 12th month thereafter.Bech date on whictt my inurest rate oould clwnge Ia c�Ued a'C6ange Date." <br /> B)Tbel�dpc _ <br /> Beginning with t6e fust Cbange Date,u�Y lnurest rete wW ba basad 4n an Indea.�he"Ir►d�a`is the weGkly: ' ' <br /> avexsge yIetd oa Unitod States T'reasury sxtitities odjusted W a conataut�riaturitY of 1 yar. ag mAde availaMe by . ,. <br /> the Faderal Reeava Board.T4e most raoent indwc figure available as of tl�e date 43 days betam each Cbu�F[a Dite <br /> �S t�E�vili~CI1T[ti'11t TIfdQE." ` . <br /> it tlto Iqdex is ao Ionger available.the Note Holder wiU choose a aew indax whic2i is I�asod upon oomporabTe <br /> infi�r;u�ilon.iue Note Holder will give me uotice of this c!n>F�. <br /> . (fC)Gk�tia�aoi'Clrugcs �, � � � . .. <br /> Befoxe each OSange Date.the Note Hotder will calculate my new intorest rate by r�iddiny <br /> � • ptmntq8a Po�(8)( 2.000 •, 96)to tLcC�ment <br /> �iido�c.Tho Note�older wW d�en couad tUe result of this sddIHon to the nearest oaa�eighth of ooe pa+aeM'age <br /> � , poiat(0.123 96). Stibject to the limita etated ini Sadon 4N)beaow.tl�is{+ounded�t wlll be my new�lntaeat . <br /> �;ite until the next Ctunge Date. ' „ �, . <br /> :,'ibe Note Holdor will thea detemiine tha amount of the nnoathly paymeAt that would ba�cia�t to ropay We <br /> . .uripaid princtp�l tlwt I am e�Ctod to owe�tt the Chmnge Date In full on tlie Maturity Date at my new L�terat tata <br /> in s�absbunlally dqu�l ps,yrr�la.The re.gult of Wis calcul4dorr wiA be the new amount of mY��9 P�Y�t. <br /> . , ' N)Ltmitsoq L�te�st.�t�te'Cha��e 9.125 .. <br /> � Ttie Inurest rate I wn t+dq�+itod to pay at the fust Cdanga Date will aot be pe�ter Wen � <br /> �r.lea.t tban S.1?5 :.: 9G.'ftiercifter,my intet�esi rato wlll ncver#�fncneised or decteatett on <br /> an,y s3n,gle Chaage Date by nwre than two percentaga points(2.096)fmm the rate os interest I have been paying <br /> for the prooed3ng twelve enont6s.M iaumst mt�wiil never be graaur thnn �a•'�2 S ' �• <br /> My intet�est rate wi1� never be lower� than 5.125l�. <br /> (E)EKec�►ive Date o[Cbaegas <br /> My new interest rato wIl1 ba:oma effective on each Change Oato. I will psy the�moun.t of my aew mot►tUl� <br /> piyment beginning on the fust manthly paymem date aRer the Changa Dau untiC the xmount of my m�ntttly� <br /> p�yanent changes again. � ' <br /> (�j NOtI�Ot Chulgq , <br /> ..'11�.Nott Holdcr wiU d�livet or mail W me a notia of any changes in my iuterest rnte and the amaunt of�y+ <br /> �montWy payment befon tYue effecdvo date of any change.'iho notica wiII inciude i�fformauon e�qaized oy iaw io <br /> bo given mcs and elso tbe Ntle and telephona number of a peraon who wW aaswer any qnestion I muy have <br /> regtudieg the rtotice. � <br /> MULTISTA'fE ADJUSTAdLE ItATE RIDER-ARM B�1-Singte Femlty-F�Ms�/Fndd1�Mao Unitarn+lnstnrrnnt <br /> Form 31 St�(88 <br /> �$2ZA t09061 VMP MOHT(iAGB FONAA9•18001641-7181 �PNnnd an Itwy�.�NO PrOw <br /> 1. . .,.�: <br />