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88105774
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88105774
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Last modified
3/9/2007 5:41:47 PM
Creation date
3/9/2007 4:42:42 AM
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DEEDS
Inst Number
88105774
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<br />~ " <br />IIlJIf!Iiii'I1 BANKS.. <br />.. <br /> <br />1J8- 10577 tl <br /> <br />Home Equity Line of <br />Credit Rider <br /> <br />(Open end credit with 0 fixed fBte>!XI variable rate interest) <br /> <br />This Home Equity Una 01 Credit Rider is dated 1 Q '1 0 '1;1':) Bnd is an amendment to the Mortgage or Deed 01 Trust ("Mortgage") <br />of the same date given by the undersigned ("Borrower") to secure Borrower's Home Equity Una of Credit Agreement with <br />tIQR!J[ST ~ANP; tl[PRASI(A tlATIQNAk ASSO,roTTnN ("Lender") <br />of the same date covering the property described in the Mortgage Bnd located at: <br /> <br />U'92.-tJfflS~I?PY Lot 5, of Gilbert r 8 Subdivision ol~i~:kT~ ,A'~~;~rj.,t~,:"1second <br />Addition to the City of Grand Island, Ball County. Nebraaka <br />In addition to the covenants Bnd agreements made in the Mortgage. Borrower and Lender further covenant Bnd agree as (oHows: <br /> <br />1. The word "Note': as used In !he Mortgage and this Rider, refers to the Home Equity Line 01 Credit-Agreement. <br /> <br />2. The Note evidences an open end rBvolvmg line of credit agreement between Borrower and Lender. The amount stated in the Mortgage as <br />the principal sum 01 the mdebtedness /s the credIt limit tor the line of credit. AIf advances made at any time by Lender in accordance with <br />the terms of the Note, and aft mterest on the advances, shall be secured by the Mortgage. However. at no time shall the principal amount 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 'or the (me o( cred,t. <br /> <br />3. The NDte proVides lor: <br />o a fixed rate Df interest 8Kpressed as a daily per/odic rate of _ % rate. This corresponds to an annual percentage rate 0' - %. <br />xf*J a variable rate Df interest eKpf'tlssed as a daily periodic rate equal to 11365 of an annual ratg of .3......l...!l. % over the "Indm Rate. " The <br />daily pen'odic rate may increase if HIE 91-I"AY TPE:ASIIPY <br /> <br />BILL R~TE ~ECTngU.H.D (LAaT AUcTIQII A"E~'AG. QII A ~I.bOUtIT ~pcro .'nIlWni:'f1 Tn T~, ",.P,OT 1 O\n) <br /> <br />(the "lndeK Rate") Increases. The mitial daily periodiC rate is~. This corresponds to an annual percentage rate of ...1.O.-..A.O.% <br />The annual percentage rate will never be more than~. The daily penodic rate wifJ be adjusted on the last business day of every <br />month, using the Index Rate in eftectthat day. An increase in the daily periodic rate may increase the mDnthly payment due. <br /> <br />,,,,,-,f2~!~- ,R #'i/~d~ <br /> <br />8on~.srgIUIUI" <br /> <br />Dated this 19 Day of Oct 1988 <br /> <br />dJ~ f;r/~ <br /> <br />Della L. Boffman,A Single Person <br /> <br />State Of Nebraska <br />County Of Ball <br /> <br />IIIIIIL amrt_ of lIlbrasu <br />_lSlllYt1l <br />II ilia EIJ 011. '12. I,"". <br /> <br />before me this 19 day of Oct 1988 <br /> <br />bq~/2,~ <br />, Notary Public <br /> <br />The Foregoing instrument was acknowledged <br /> <br />NlSm....fM.:Il'1I '1U""....,.'''''...fTIl.>'III~1 <br /> <br />I <br />J <br />
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