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200611202
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200611202
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Last modified
12/18/2006 4:57:06 PM
Creation date
12/18/2006 4:57:05 PM
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DEEDS
Inst Number
200611202
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<br />200611202 <br /> <br />ADJUSTABLE RATE RIDER <br />(LIBOR Index - Rate Caps) <br />MIN 1000466-0000861483-7 <br /> <br />THIS ADJUST ABLE RATE RIDER is made this 15th day of DeCffi1ber, 2006 ,and <br />is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Deed to <br />Secure Debt (the "Security Instrument") of the same date given by the undersigned (the "Borrower") to <br />secure Borrower's Note to <br /> <br />Popular Financial Services, LLC <br /> <br />(the "Lender") of the same date and covering the property described in the Security Instrument and located <br />at: <br /> <br />309 W 6TH STREET <br /> <br />, GRAND ISLAND <br />[Property Add....'] <br /> <br />,NE 68801- <br /> <br />THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE INTEREST RATE <br />AND THE MONTHLY PAYMENT. THE NOTE LIMITS THE AMOUNT THE BORROWER'S <br />INTEREST RATE CAN CHANGE AT ANY ONE TIME AND THE MAXIMUM RATE THE <br />BORROWER MUST PAY. <br /> <br />ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the Security <br />Instrument. Borrower and Lender further covenant and agree as follows: <br /> <br />A. INTEREST RATE AND MONTHL Y PAYMENT CHANGES <br />The Note provides for an Initial Interest rate of 7.0000 <br />changes in the interest rate and the monthly payments, as follows: <br /> <br />%. The Note provides for <br /> <br />4. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />(A) Change Dates <br />The interest rate I will pay may change on the firs! day of January, 2009 and on that <br />day every sixth month thereafter. Each date on which my Interest rate could change is called a "Change <br />Date, " <br /> <br />00635279 <br /> <br />Mw 0'100 <br /> <br />J3~A ' E <br /> <br />InlUllo: <br /> <br />MUL TISTATE ADJUSTABLE RATE RIDER - UBOR INDEX - Sin~11 Flmlly - Frad~11 MK Mo~lfiad InllNmonl <br /> <br />Plgl 1 of 4 <br /> <br />(2128 & 3/21 LlBOR ARM RIDER) <br />a'92~'~R <br />JB 050DOll 01/21/00 <br /> <br />1M /YI {J <br />
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