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<br />r <br /> <br />88- 102243 <br /> <br />Home EquityUne of <br />Credit Rider" . <br /> <br />"BANKS <br /> <br />- <br /> <br />~JiI.C'tI6AN AIJr: <br /> <br />GRANI:l lSlANDN~ <br /> <br /> <br />(Open end credit with 0 fixed rale~ '1ariable rate intel'85t) <br /> <br />.. -' ",...' .,',. <br />This HOfTIfI Equity Une of Credit Rider is dated 94/27/88 and is an amendment rotfJe Moitgag.Or DeedOiTru5t{~~") <br />of the same date given by the undersigned ("BorrolNBr~ to secure BorrolJV6r's Home Equity Une d Cfedit A(lI'efH'rientwith. ' . . , <br />Uf:lRWr::::T !lANK NeBRASKA, UATIOHALA!::C:OCIAnQN <br />of the same date covering the property described in the Mortgage and located al: <br /> <br />In addition to the covenants and agreements made in the Mortgage, Borrower and Lender further covenant and agree as fof/orts: ' <br /> <br /> <br />1, The word UNote ': as used in the Mortgage and this Rider. refers to the Home Equity .Line of Credit ,1Igreement, <br /> <br />2. The Note evidences an open end revolving line of credit agreement between Borrower and Lender. The aniountstated in the MOrtgage as <br />the principal slim of the indebtedness is the credit limit for the line of credit. All advances made at anytime by Lender in.acc6rdance with <br />the terms of the Note, and all interest on the advances. shaltlJe secured by the Mortgage. However, at not/meshall theprincipatamount of <br />the indebtedness secured by the Mortgage, not including sums advanced in accordance with the mortgage to protect the security ,of the <br />Mortgage. exceed the stated credit limit for the line of credit. <br /> <br />3, The Note provides for: <br />o a fixed rate of interest expressed as a daily periodic rate of _010 rate. This corresponds to anannua/ percentage rate of _%. <br />>9 a variable rate of interest expressed as a daily periodic rate equal to 1/365 of an annua/rate of ~% .over the "Index Rate." The <br />daily periodic rate may increase if Tile 91 DAY TRCASURY <br /> <br />BILL RATE (ESTABLISHED (LA~T AUCTION AVeRACC OU A BISCOUHT BASIS, ROUNDED TO THE N~AR~aT .10X)) <br /> <br />(the "Index Rate") increases. The initial daily periodic rate is ~'a. This corresponds to an annual parcentage fate of 9. b S"/o. <br />The annual percentage rate will never be more than ~/o. The daily periodic rate will be adjusted on the last business day of every <br />month, using the Index Rate in effect that day. An increase in the daily periodic rate may increase the monthly payment due. <br /> <br />~~.& <br /> <br />44- <br /> <br />Q~ 9 G-?~ <br /> <br />Borre....'" sIgnacur., <br /> <br />~ <br /> <br /> <br />Ii <br /> <br />SUBSCRIBED AND SWO~ TO BEFORE ME THIS <br /> <br />6 &EIEIIAI. IOTARY.Stale III fI.ellaska <br />~ BONIIE t BUESI:lIER <br />- c~__ flrt Comm. Exp. Ir.c. 2B. 1989 <br /> <br />MY COMMISSION EXPIRES: 12/28/89 <br /> <br />1-\, <br /> <br />N15 829(2.84.3051. fto be U5fId .,th the morrgageJ <br /> <br />....., <br />