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<br />,, , u t 1< 84 --{iEi0711
<br />NOTICE: THE P.9t?RTCIACbl: SEC.SRES A NliT* 14th{tCH CCSNTh'INS A
<br />PROVt51GN ALLUIN4NG Et)k CNA(~tt:ES 1E=1 TIiE' tN7EkEST RATE.
<br />INCREASES IPJ t!!F It.1 ! 9;f .`,1 t2i, (; :uli 1 lil:_`.,151 f !N HIGHEf2
<br />P~tYMENTa. LiEt:'R[ ASES IN i {~~ IfJl {~RE'_,7 12AT`E 1VItL f?ESt1I_T IN
<br />t.i3tvER PAY(~i=N T 5.
<br />This ftid?r is nracte thi : 8th _ day c,f February _ _ i9 84_, anti is
<br />incp r~praled inlo <intl ahall be ,-k•e-rrsE~i Ua am€tnrl ,ans-f t,uE>pla~m (a tit lhr Mo~r lg ae~2 U'P
<br />even date anci atia,hod herein r~ius•n try Ih~ un,lt+riir2ned (the "t2orrpwer") to
<br />secure [3prrower`~ Npte l0 1 he - ~ ; , ~ ,.., ., ..~ ~ - ,r, p; „r .tit end
<br />(the "Lender") pl t!ie Same date ,thr• "!dote") ~ancl covering the-prgperty described
<br />in the Mgrtgage tend located at ~17DE Gunbarrel Place, Grand Isi-and, Nebraska
<br />.Proii,~rty fldcf~,~s
<br />i;°Sodi!ic.,tipn~. In .ni<l~t~t,n to ihr~ iuvrn•,nt~, ~n,cl a~r'ectaentl n'td'dein th`0-
<br />Mortgage, dorrpwer anct Len€fer ;srtt~,er r_avendant En xi ,jgree as Tgllows:
<br />F~. t(VTERE.iT !;AlE laNU MC)t•t1H14 f',~YMiNT C1iANC;E£r
<br />The Note has on "tt~~tiai Inter't ;t bate" of 11.75 %,,. Tt7e Note
<br />interest rate njay he incre•;~°>t~~1 pr ,t~~creaserf c,;i e.cf~ C:hr~nzde Gate, as
<br />descrit~ed in the Npte. C_hanctes ui the rntere5t rate are ggverned by
<br />thant3es .n an "index." 1 h.• u}dex a, tine WEEKLY AVERAGE YIELD OF ONE
<br />YEAR UNITED STATES TREASURY SECURITIES P,DJUSTEII-TO-}~ ~ Y
<br />OF ONE EAR. ~.-----------_ ------ -- - - - ----- - ___ ._.__._-__
<br />a~~t~~r~tt chanc~~;t;r, intt~nd r~,~alcrtciar month
<br />pn:cediF~g each (.:harit~H [?utr'. ', 1~ r°est rate will pecctr
<br />qn February 1, 1986 and annually thereafter
<br />~ icr ease ir'~d c e ~.r eases :n t[ie tntBreSt
<br />----~_~ _
<br />_ ...----
<br />r8le are I,sirluc; t~ ., chnnye ~,f _~~j~, i~dc,l, t, t„ux~C :Date. -
<br />1. the inte.r~,[ : ;rte ~;ur~~y#as tttC, ani~~unE of ~orrvw,>r''s nwnthiy
<br />payments ev~li .,;.,~r<;t~ as ;;~,-,euis•,1 iri tiu (dnh~- increastr~; in the int+?r-
<br />esi rate wikt re~t,lt ;n )nc;tu•, {3.~yn:~~r,ls. iloe rco<s,s in tl5e intc-r•nst r~~te
<br />will r`esutt ur i:~ivzr payni~+~t~,.
<br />
<br />It cpukt tac tkti.,r the lir~lrl ~,r.crrr~-d i,}° ihr• !``igrtyacte i atrbj~Ct to a
<br />law whit:h sc>ts maxirn>_urt lgr,n charges anti that law is inte,rpret~t# sq
<br />that tyre interest or' cl!~FSr• h;r,r~ ci,ar'ite5 e'.e~lli/c tet# or to be c~oilected in
<br />connection lath the~• laar~ wquici exceed permitted lintiis. In this even-[,
<br />then; {aj any such taa,f charge shall be red-aced ~y the• amount
<br />necessary ip r~rtdirce th~~ s_haryR tp perrnittc,i dinut; and {f3) any su,tns
<br />already cpiiected irpm i3orrr~wes' which ,>xcescied pxumitteti limits- will ~e
<br />rctuitded tp Ciprr~nwer. tenc:rr~r rrray ~r~oq:~e~ tt: make %ili5 refund by
<br />reducing the T,rinciha! ,~wexi ~u7der tft8 Note Ur by m81CinC~ a direct
<br />payment to t:Sprrower.
<br />C. TF2t1N5FE12 t}T' F tiE t'RCrf!E(3'i Y
<br />lY Ehercr rs r~nu Irar:Sti~r ~t tl+c f?r<~paerty, inclt!dkic~ t3 transter
<br />c.es;_ril>ea.{tn :/trr°acTr.rptt 1., zsT the t~t~-lrte}~cc~e, tender may recitsire eitt]ec
<br />r;~ cncre&Se. irr iYt~, Cur'a~t=nt F;crte arvfer'e~,l rate, ,an inerea'se nr ifie 883-e
<br />- fo-[clr,•• tirrcN'c•, ur .~ <h.,ust,- c•t .u ty sit 1l,r h:. n,s .z~t-ur'., _~-. .t ,¢,i ~i t, tEpn Uf
<br />_~e.ir.irr ~«~3u:?,tt_ Iht> ,fit}titan to ,a tr-ie, aft fir,.;vr<terct ~,a i'ara+-trd~.,h i7.
<br />-- £3~"s~grtir,9 t#~i5, EiL3t`ri~awt'.r ~~~,';,'t3~. kru ~3f ~.,I then .~iS;c=vt.
<br />L
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<br />Leon~E. C~,~r17nd fic,rrpxe,
<br />EtT~d R:"Cec1~r'lt~ . _ __
<br />~rrst~,~ee
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