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200213476
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200213476
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Last modified
10/15/2011 11:27:07 AM
Creation date
10/22/2005 11:01:50 PM
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DEEDS
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200213476
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200213476 <br />ADJUSTABLE RATE RIDER <br />(1 Year Treasury Index - Rate Caps) <br />THIS ADJUSTABLE RATE RIDER is made this 3rd day of December, 2002 , <br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, <br />Deed of Trust, or Security Deed (the "Security Instrument ") of the same date given by the undersigned (the <br />" Borrower ") to secure Borrower's Adjustable Rate Note (the "Note ") to EQUITABLE FEDERAL <br />SAVINGS BANK OF GRAND ISLAND <br />(the "Lender ") of the same date and covering the property described in the Security Instrument and <br />located at: <br />335 PONDEROSA DR <br />GRAND ISLAND, NE 68803 -9648 <br />[Pm,o, Address] <br />THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE <br />INTEREST RATE AND THE MONTHLY PAYMENT. THE NOTE LIMITS THE <br />AMOUNT THE BORROWER'S INTEREST RATE CAN CHANGE AT ANY ONE <br />TIME AND THE MAXIMUM RATE THE BORROWER MUST PAY. <br />ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the Security <br />Instrument, Borrower and Lender further covenant and agree m follows: <br />A. INTEREST RATE AND MONTHLY PAYMENT CRANGES <br />The Note provides for an initial interest rate of 5.500 %. The Note provides for <br />changes in the interest rate and the monthly payments as follows: <br />4. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />(A) Change Dates <br />The interest rate I will pay may change on the first day of January 2013 <br />and on that day every 12th month thereafter. Each date on which my interest rate could change is called a <br />"Change Date." <br />229292 <br />MULTISTATE ADJUSTABLE RATE RIDER ARM 5 2 -S ingle Family- Fannie MaelFraddia Mac <br />UNIFORM INSTRUMENT <br />Fannin Man a- 215 -218 -2 ARM <br />4- 822R(0008) Farm 31 1101 <br />Pcge 1 of 4 Iniilds' <br />VMP MORTGAGE FORMS - (800)521 - 22 1 <br />
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