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200700673
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Last modified
1/29/2007 4:11:14 PM
Creation date
1/29/2007 4:11:13 PM
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DEEDS
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200700673
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<br />200700673 <br /> <br />ADJUSTABLE RATE RIDER <br />(LIBOR Index - Rate Caps) <br /> <br />Loan Number: 4500025032 <br /> <br />TIllS ADJUSTABLE RATE RIDER is made this 19th day of January, 2007 , and is <br /> <br />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 secure <br />Borrower's Note to <br /> <br />Wilmington Finance, Inc. <br /> <br />(the "Lender") of the same date and covering the property described in the Security Instrument and located at: <br /> <br />3112W18THST <br />GRAND ISLAND, NE 68803 <br /> <br />(Property Address] <br /> <br />THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE INTEREST <br />RATE AND THE MONTHLY PAYMENT, THE NOTE LIMITS THE AMOUNT THE <br />BORROWER'S INTEREST RATE CAN CHANGE AT ANY ONE TIME AND THE MAXIMUM <br />RATE THE 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 MONTHLY PAYMENT CHANGES <br />Thc Notc provides for an initial interest rate of <br />changes in the interest rate and the monthly payments, as follows: <br /> <br />7.500 %. 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 first day of February, 2010 , and <br />on that day every sixth month thereafter. Each date on which my interest rate could change is called a "Change <br />Date." <br />MODIFIED <br />MULTISTATE ADJUSTABLE RATE RIDER (L1BOR Index) - Single Family - Freddie Mac UNIFORM INSTRUMENT <br />_-ll16R (0008) Form ~ ,~ <br />Page 1 of 4 Initials:~ aJ.-- <br />VMP MORTGAGE FORMS - (800) 521-7291 <br />DDS-GAO <br />
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