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84000566
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Last modified
11/18/2008 4:02:08 PM
Creation date
11/18/2008 4:00:26 PM
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DEEDS
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84000566
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_..~ <br />Q/~ ngnpini~_nn <br />ADJUSTABLE PAYMENT RIDER t+"T -~~I056`j <br />THIS A0R15TABIE PA7dFNP RDI+$ ie tttade this 2nd ~,y of iebruary l9$k and ~ <br />ineorpoaetld into sod eitsll be dead to amsd t ,the.: , ~ ~. <br />Seatce DeyE (the "Ssotctity Iastrtafent") of the sae date gives yy the (the "BOrtorsr') to <br />trtoise Horra+fr's dd7tstaWe Yaysot Note m Towtx Floaoc~al, Ina: (tits '7cioder") of tlta acts date.:. <br />(the "Note") and fire property deacribd in rte Sanctity Instrvemt and Llcated at: <br />t 4~R *s_ wu d ?debra ka fi$t3{71 <br />(rt'oPertY Adttress) <br />The Note Contaiae Provisions Alloying For Changes In The Interest Rate And The <br />Monthly Payment And For Increases In The Principal Amount To Be Repaid. <br />The Note Alao Provides Fot Calculations Of Two Separate Monthly Payment Amounts. <br />One Will Be The Amount That I Must Actually Pay Each Month. The Other Will Be An <br />Amount That I Would Pay Each Month To Fully Repay The Loan On The Maturity Date. <br />This Means That I Could Repay More Than Z Originally Borroyed Or That I Could <br />Repay My Loan Before The Maturity Date. <br />ADDITIONAL OJVEtNNLS. Tn addition to the mveomta std agre®atts made in the Secsaitq <br />Irrtrtaent, Borrurer sad Leader further oavetett std agree as follas: <br />A. INTEREST RATE AND MONTHLY PAYMENT CBANGES <br />The Nate provides for as initial interest rate of 11.250X. Sections 2, 3, 4, 5 and 6 of the Nom <br />provide for ~ is the interest rate ad the ~ymarca, as follows: <br />"2. INTEREST <br />(A) Inaerest Owed <br />date I raxivecdll be ciarged on that part of pri:tcipal ;.frith has mt heat Paid, begirtniag oa the <br />prirtcipal std emtinrittg until the fu]1 amtnt of principal hoe beat paid. <br />B oa [he date I receive prltrlpal, I will pay interest at a yearly rate of 12.250X. <br />The interest rate I will pay may ciatge on the first day of the month of "arch 1 1985 <br />and on that day every ~},~month [hereafter. Each date on sihic2t the interest rate s <br />called oa "Interest Cfa~ge Date." The ner itttermt rate will beoot! effective an each Interest <br />CherBe Date. <br />(B) The Lollar <br />Begimitg vdth Cie first Interest ChaoBe Date, my tnro~sar rate will be based on en Lollar. 'tire <br />"Iitdar" is the 1~.~ t ~° eld ~; i'rited States Treasury cecuri[ies ad'h;stec! to a ecrostant <br />_ ere ~O ~+I7 da}B tlefOl! aattl IIIteIldt Cha<ige Data i8 CSlled ti! "Qlrrelt IidQ~~. ~~' <br />interest Bate I will Th3y shall. ~t exceec# 1.3.^4r}w. <br />If the I[doc is m ]no®er ~t_ ~~tst~., tFe Note Holder will choose a nay irdea vhirh is based upon <br />campsrehle iaformetion. The Note tblder vdll give me entice of this choice. <br />(C) Calatlation of Interest Bate Cher®es <br />Before eadt Interest Change Date, Che NDte ttD]der w111 raln;laro my nai lrtterest Tate by adding <br />pecCeYage points (mac X) to Cie CLrt~t I:dar. The Note tb]der will Clan. tamd <br />>~ of this additLoo Uo the nearest ere-eighth of me pelxaKage point (0.125X). This -au<ded <br />avant wi71 le sy new interest race until the new Interest Change Date. F:rcePt tfv; ¢axir~c3 interest <br />rate &tk.11 cent exceed 13.99~i;. <br />(D) Interest After Default <br />default described in Sergi y~(g) yds. Sectonn 2 is t!e rate I vdll oas both 6efer+e and after a~ <br />3. CALC[ILATTON OF AMOUNTS OWED EACH MONTH <br />'>Zto-Nuts Nolder ld.ll rsinaar. e7 Full Monthly Amtnt. The "M1ll Maothlq Amtnt" 38 the emuot <br />of the. tttmrltiy pttyotstt Chat wtluld be ~,~+~tl,r to rePY tle ugrid priadpal balance of ary lass. is <br />full at tie iatenesE tube Z a regcdrnd to pay by Sections 2(A) and 2(C) above in m+~~tt+slly equal <br />ley~s oa •,, ,which is called the "maturity date". My fire[ Full <br />~ oval Flttl ~~~ wJll are eacdt ~ Date, the Note Holder w111 <br />payrtett date-after the Itttsrtest Chrpe Data. ~B as the first monthly <br />The Rrll Matthlq Arrant I one ay he more or lees that the mount I am required to pay each <br />month. Bactrian 4 6eloy states the amunt of my monthly jsymatt and how it gill change. Section 5 <br />be]or dttseribss how my unpaid prirtr3pal halmoe will c2aetge if the mant of mY monthly paymatt and <br />rte F41,i Moagtly AmFSOt are different. <br />4. PAXt~NTB- <br />(A) Tire ~ Plspe of Payatts <br />I will Prd! pr#pelp~l aad,inpsstast bl eaicirti prymaa~ts every moth. <br />I ylll teals trq- sapChiY prrylerats m- the first day of eadt mooch begtming m <br />~_ 7 g k I vrlll teelre tltess paymsota evtny orttaCtr until I have paid all the <br />'p~~iT~f`i"n' ao'~'~egr other dtscyas dacriDad hrlor Ctmt I ay clae taller thin Note. My <br />tapetttly Pl~fs td.ll be-applied-to ints~swC 6eEotm prirr3psl. If I still ors manta udder tbds <br />NpN-ou, rte safr[ity dais. I wall pay those eautnis is full on. ttet date. Those amuats could 6e <br />i» then . t£is asaelt of a4' last ssarthty pgaript tatfon tie aedaKty data. <br />I trt31 airlae aF ttafthly P at 2L2D South 72nd Stivtat, Oamtte, Nebmeka 68124 or at a <br />dssstgt Plays if rsgtdpd hl rite Note Holder. <br />.~d:.~~ ~'fatt,5,•t ~~l'"cy`iST '.~?~ 1 ~fri~:-~ i LE~.~,~ ,'b.i` ~f~,... f 1 - w i aa.i S , <br />T`iC-405 f9c) (Page I) <br />(Neu 11/$3) <br />
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