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87102281
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Last modified
10/19/2011 5:23:10 AM
Creation date
3/27/2008 2:11:21 PM
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DEEDS
Inst Number
87102281
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L <br />(5) ❑ If this box is checked, the interest rate that I pay shall not M <br />Percentage points on any Rate Change Date. � .................. <br />during the [X If this box is checked, the interest rate that I pay shall never be mono than .12,.Q5.....% <br />r g penod I have my loan 0 <br />1 durus th(7) If this bpz is checked, the interest rate that I pay shall never be less than ...b..85p;.......% <br />g perod I have my loan, <br />(6) ❑ If this box is checked, the principal and interest payment that I pay shall not increase <br />more than ...................... percent on any Payment Change Date. <br />more than (9) ❑ If this box is checked, the principal and interest payment that I pay shall not decrease <br />•• - - - -.. percent on any Payment Change Date. <br />Ile Change Date so °that the changeain hehientteereest rate will not each e more than Change hose limits marked above. <br />The monthly payment amounts will also change on Payment Change Dates as provided in the <br />Note. Because payment changes may occur less often than interest rate changes and /or may be subject <br />to certain limitations described in the Note, the monthly payments may be insufficient at times to pa ac- <br />cruing <br />interest. In such case, unpaid interest is added to the y <br />accrue interest thereafter. Under the terns of the Note, the �d�'' balance of the Note and itself will <br />maximum amount equal to One Hundred Twenty -Five Percent 125 ) of t l balance can es a <br />borrowed. ( %) of the principal amount originally <br />3. LOAN CHARGES <br />It could be that the loan secured by the Security Instrument is subject to a law which sets maximum <br />loan charges and that law is interpreted so that the interest or other loan charges collected or to be collected <br />in connection with the loan would exceed permitted limits. If this is the case, then: (A) any such loan <br />charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (B) any <br />sums already collected from Borrower which exceeded permitted limits will be refunded to Borrower. <br />Lender may choose to make this refund by reducing the principal owed under the Note or by making a <br />direct payment to Borrower. <br />4. PRIOR LIENS <br />If Lender determines that all or any part of the sums secured by this Security Instrument are subject <br />to alien which has priority over this Security Instrument, Lender may send Borrower a notice identifying <br />that lien. Borrower shall promptly act with regard to that lien as provided in paragraph 4 of the Security <br />Instrument or shall promptly secure an agreement in a fora satisfactory to Lender subordinating that <br />lien to this Security Instrument. Failure to provide evidence that Lender has first lien shall constitute a <br />default under the terms of this Note. <br />5. TRANSFER OF THE PROPERTY <br />If there is a transfer of the Property subject to paragraph 17 of the Security Instrument, Lender may <br />require (1) an increase in the current Note interest rate, or (2) an increase in (or removal of) the limit on <br />the amount of any one interest rate change (if there is a limit), or (3) an increase in the percentage <br />ofPoints to be added to the current index for the purpose of calculating interest rate adjustments as explained <br />these, as a( ondition)of Lender's waiving the option to aacccelerateoprovidied in r the life of the loan or all <br />Paragraph 17. <br />By signing this, Borrower(s) agree to all of the a <br />I <br />Dennis E. Hooley :ow" <br />n <br />k: �i-•- - -a•1� �aJ <br />JJJ y ' \ — sareowar <br />STATE OF NEBRASKA . .......... ..................................... Hall IV\ <br />............. .... ... ........ County ss: <br />On this ............. 1�.t(1 .................. day of ..._April....--• ---•--•--...._ 87_ <br />- -. - -., 19_.. before me, the undersigned, <br />a Notary Public duly commissioned and qualified for said county, personally carne ....... ............................... <br />Denis..— Bnolley.. and.. Hopse. _A...Baolcy. >..huabaad.aud..wiL , <br />to rrto known to be the identical . ........................... <br />persons) whose name(s) are subscribed to the foregoing instrument and <br />acknowledged the execution thereof to be ........ tbelx .. ............................... voluntary act and deed. <br />WITNESS my hand and notarial seal at .................... Grand Island <br />the date aforesaid. ................. .........•..................... in said county, <br />My Commission exp' IL BALES <br />of ka F <br />OM it tli ... fin fr ?° :r � -.... �- v <br />......:E :C: '........ <br />14.wy PuM1l11 <br />1c. nv en F.yunl <br />f'mpby" -,t 1:1,rynx'.uNtyJAlFinnsLc• Aclwn Mrt' <br />
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