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84001459
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84001459
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Last modified
11/18/2008 8:44:26 PM
Creation date
11/18/2008 8:42:33 PM
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DEEDS
Inst Number
84001459
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R t D E i2 <br />NOTICE: THE MORTGAGE SECURES A <br />PROVlS10N Af.LOWlNG FOR CHANGES <br />INCREASES IN TFiE INTEREST Rt`t'fE <br />PAYMENTS. C}ECREASES IN THE INl'EF <br />LOWER PAYMENTS. <br />~.s~ Q-Q1~~~ <br />NOTE WFitCFI CONTAINS A <br />IN THE 4N'TEREST RATE. <br />WILL i2ESl1CT kN HIGHER <br />:EST RATE W(kL RESULT IN <br />This Rider is made this lfith day of Mdreb ~9 84, and is <br />incorporated into and shall be deemed to arrrend and supptetrient the h1ortgage of <br />even date and attached hereto given by the undersigned (efie "E?orrower") to <br />secure enrrower's Notc: to The t.;nited States NatiQhal F3ank of Omaha, Nebraska <br />( the "lender" 1 of the same date t the "Note,") and eoverinc -the property described <br />in the Mortgage and located at 4187 Arizona Avenue,rand Island_ tdE 688P1 <br />lot Two 2 in oss Hetg is u_ tv~ston, zn a Dori y, erascTa- <br />(Property Ad~dresst ~' <br />hksdificatrons. !n aridrtson tp the covenants and agreen5enfs made in the <br />Mcrigaye; harrower acid lender turther covenant and agree as follows: <br />A. INTEREST t2i.TE AN~:S trTfiNTk~dLY PAYMENT CiiAtaGES <br />The Note t;as an "initial Interest Rate" of 11 3f4 0- Tlne-Ngte <br />interest rata may lae inrreasad or° de*creased crt each Chanr}e f7aie, as <br />csescnbad in the Note. iv ha+lges in flee irrtarest rate are governed ~ny <br />cttanyes in an "tndeY." The index is the weekly average yield of <br />dne Year United States Treasury 5ecurities~ac~7usted` o a cons an <br />maturitu of ne ''=ee#-, ___~_.~____._._ <br />~~~~ deterrttined in tYie second calendar rnsanih <br />~rece~~rlc7 ~acn Cri3nc~e date. :such titan~j es in interesi role viii occur <br />on The First wr ret?ruary Cot?ttnencing February 1, 198fa and annually <br />~_ _ __ __ _ _ ~T~~_iatere~3ses a=lc1 ~de.er-eases i;l the inier•est <br />r°ate are limited to a i:flancae ut ~ ~, t'aEf'r C.tr.strtle Date. <br />t( the rnterest rate c. t:~slcJas, the ae~toun[ of t3orrawer's naonihly <br />payments wi;! e#lanexe as (.;row°,rit~~f in the Nr3t€!- Incraasrss ir9 the itrter- <br />ast rate will ;°esuit in tltgher payr,^,erris. ;)ecreases in the interest rake <br />WfI1 Cc:SUft i ~ itawer [?3yffSF°in t'~. <br />E3. Lt;AN C:HARGLS <br />It could be the+C the :Darn ~e€_u, r-r1 t~~- ;.t:c f~}grtdage i5 subjaCt to a <br />tax• wiuz.f2 °,et.~ reraximtu;t :Dan <-ttarges and th,it law is interpreted So <br />that the rnterest tar iri132'r irrart rhar•,te, c=o?levaer{f cr to t7e c.c~tteeked ire <br />connection wish the loan waulri ekceed nerrYaiEtk>d iirni~ts. in ttris event, <br />ihe~n: [,aj any such loan charge steal! tae v-cduced by the amount <br />necessary to reduc~.e fhe charge to Erer,t,ittrid i+r~tit; and (bi any sums <br />already c:;;ltected t:•om E~orrowe<- which ea_ceec9ed perrt~itled firnits wilt be <br />resurtded to tS:3rriiwe-r-. lestde=- raray etiec•,c= .~_ ~rrake t!t!s refund by <br />reducing the princepat awed ur;der the Nate or fay making a direct <br />payment Lea ETcrrower. <br />C, tFiANSFf.FZ C%F THE +'RC?i'Eii1Y <br />tf there :_~ ar,p~ transte~r e! t=sr ;~~r<.}pea~tp', ~nci~.rrtnxt d transfer <br />£i~5cribed ir, =aragraUlt i7 ,_, t*ae Mv~rtgdst, Lart~?c'>r- rt;ay re=r7,.rire either <br />ors i;~cre~ase i,t tfte current mote ;ntereat cart€-, .,r ;nu-ease set the E3ase <br />1r2C1 ~`t-"- fic~Gkr`e, clr :9 €harl~e r1 all ~~ ¢)t the ~+.Yr te'i-Ir:S, a5 h tclrtd111R39 Gf <br />Cedcd£r lvatvrnu,lha? cptron E,,a (iCe:ei©ratc trroeart.~rS t!r t';rrayraph Ei. <br />By St~nlFl~C,) t#Ti~, Ljpr^rr3wer' r9t~rees t0 hill <lt thc. ,?trove-.. <br />rill Sit? C. la i t"yam, e~t~rrt'tty4*r' <br />i <br />- -- : ,r ' <br />'B~tY J~3t rYRr~`se :'.'r ar rr~avy±r <br />
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