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86100444
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Last modified
10/18/2011 6:12:44 AM
Creation date
3/31/2008 1:59:34 PM
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DEEDS
Inst Number
86100444
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86— 10"44 Loan No.... 67AO771=1,9--- <br />AMSTAME JUTE LOAN RMER <br />340ftZ. IME <br />QTY MMUM04T SEXXTIMS A NOM WHICH 0ONTAINS <br />ANGES IN THE MEREST RATE. IN- <br />IN "M INTEREST RATE WILL RESULT IN HIGHER PANIUMTS. <br />IN 's INTEREW RAvM'WILL RESULT IN LOWER PA"IENTS <br />-d& 7 J�aTRAKY -- - ---- ------- ........ and is incorporated <br />Rider is made __Z_X7h ...... day _ <br />into +and ih 1 be =deemed to.amend :and :sqppleuwnt the Mortgage, Deed ,of Trust, or Deed to -Secure Debt <br />Ithe "I-Secur-ity Instrument") of thesame Aste ;given by the undersigned the 'Serrawar-) to secure Buir- <br />fM c, ation,of Lincoln, a Unite States corporation <br />M Agrtaor-swvTug-i .... iiia ... L6iiii ... kiii6 --- i ------------------------------------------------ - - -- a --------- - ------------- - ------------------ <br />------ I ........ ------------- <br />--------------------------------------- ' ------ and * ....... ** ------------------------ - ---------- - ---- - --------------- ""' <br />,(the -Lender") Of the same =date (the "`Notre ") ,covering the property described in the Instru- <br />nwidt =d -located at .... 2815 Stagenos h Circle- -. -_ -- --------------- Grand Is1and. Nebraska 69801--- - -._.. <br />- - --------- - ----- -- - ------- ------ <br />Property Address <br />MODIFKATIONS. In addition to the covenants -and -agreements made in the Security Instrument, Bar - <br />rower and Lender further covenant and :agree as follows: <br />L INTEKEST RATE AND MONTHLY PAYMENT ;CHANGE DATES <br />The Notelsman'"Initial Interest Rate" of -------- 8.600 <br />Ingest rate ,changesj �occurvn the lst:day Gf.... ----_---------------- -March ....... 87. <br />-------- - ----------- ].9 ------ - and on the <br />T:ey 9A7 <br />ist day,of .... nne ... 19 187 :and the 1st day <br />of ...... ..... .......... . :L <br />and on the 1st day ,of ---- - - ----------- December-- -- - --------- 19.1T. and on those dates of those :months inevery <br />yearthereafter. Each Ante un -which the rate .of interest may change will be called a "Rate Change Date".. <br />Cizv4ps in princi1W and interest payments to adjust amortization of the loan to correspond with <br />interest =te clainges AmIl be made,on the ist,day of ........... _ --------- .2amc-h -------- -------------- 19- 57-...and on that <br />elate every ........................ year(s) thereafter. Each date on which the principal :and interest payment may <br />change -willbe called :a " Tayment!Change Dat6'• <br />2. LVTEXEST RATE CELANGES <br />(A) The Index <br />Beginning -with the first rate ,change idate, my interest rate will be based on an index. The <br />is the: (:check one box to indicate Index) <br />(I) ❑ "Contract Interest Rate, Purchase of Previously Occupied Homes, National Average for <br />all Major Types,of Lenders' published by the Federal Home Loan Bank Board. <br />m 'ID 2Konthly avzra e g eld on'U.S. Trea ry <br />, ___��q-qrjt <br />-----------------------_ V� --- ------- ------- - ---------- <br />at1Juat,edtoI.a --- a on stautmaturity of 13earpub published by.--th.e --- F. .ed..e.. r-al -- Re-s-erve-3PArd. _ - --------- <br />.• ..• .• ----- - - ... <br />. ................ .- -- --- - -1. .... ---- 11 ------------- __ ............................ ------------------ ------ ------- . .. ................. . -_ ....... <br />The most recent Index figure available as of the date 15 •days before each Rate Change Date and <br />45 days before ,each Payment Change Date is called the "Current Index"- <br />If the Index is no longer available, the Note Holder will :choose a new Index which is based upon <br />comparable information. The Note Holder will give me :notice of this change. <br />(B) Calculation,of Changes <br />Before each Rate Change Date or Payment Change Date the Note Holder will calculate my new <br />interest rate by adding ......250.......... . percentage points (_.2. 2.500.... _ %) to the Current Index. The results <br />............. <br />of this addition will be my new interest rate until the next Rate Change Date or Payment Change Date. <br />On each Payment Change Date, the Note Holder will then determine the amount of the monthly <br />payment that would he sufficient to repay the unpaid principal balance,of my loan I am expected to owe on <br />the Pay =wt Change Date m full on the maturity date at my new interest; rate in substantially equal pay- <br />manta. The result of this calculation will be the amount of my new principal and interest payment until <br />my next Payment Change Date. <br />(Checkbox(s)) <br />(l) M If this box is,cheLked, there will lie no maximum limit on changes in the interest rate up <br />or down. The interest rate as calculated under Section 2 (B) will he the new interest rate. <br />(2) IL If this box is checked, theinterest rate that I pay shall not increase more than <br />percentage points on any Payment Change Date. <br />(3) XD 11. thisbox is checked, the -interest rate that I pay shall not, decrease more than .100. <br />percentage point& on any Payment Change Date. <br />(4) [J If this box is chec"d, the interest rate. that I pay shall not increase more than <br />percentage pointi, on any Rate, 1.'hange Date. <br />Nunn M:�' I ft-, 4/kw I <br />I <br />
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