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84001704
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84001704
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Last modified
11/18/2008 10:23:53 PM
Creation date
11/18/2008 10:22:04 PM
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DEEDS
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84001704
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<br />84 -~""~ o 01 ~ 04 57466-1-18 <br />Loan No. .......°------°----•- <br />~~ ADJUSTABLE RATE LOAN RIDER <br />NOTICE: THE SECURI'T'Y INSTRUMENT SECURES A NOTE WIiICH CONTAINS <br />A PROVISION ALLOWING FOR GRANGES IN THE INTEREST RATE: IN- <br />CREASES IN THE INTEREST RATE WILL RESULT IN HIGHER PAYIi"tENTS. <br />DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER P;~3tMET~IR'S: <br />This Rider is made this ......3~t~,..._...... day of ....._._..._l~>'~h_..__..°--...._.._, 19 8*1_-, and is-inearporatad <br />into and shall be deemed to amend-ate supplement the Mortgage, heed of Trust, or Deed to S9ec.'site Debt <br />(the "Security Instrument") of the some date given by the undersigned (the "Borroa-er")' to sere Bor- <br />rower's Note to -.........._ ................---- ------°---.-__-..._._..._•-°..._---.._.._- -............_._... _......___:._..:...._..-......::.._:.:.._ <br />F-i,~sl__F~deral„.Savings..atx3 Doan-association of Li~ncoln,.a EmitedS~at_ea-cozporation_--- <br />(the "Lender") of the same date (the "Note"} sad covering the ro deacnhedm the 9ecun Inatru. . <br />meat and located at .......?9I5__Goldenmd Grandslarr3~ Nebraska... 68801 <br />Property Address <br />MODIFICATIONS. In addition to the covenants and agreements made in the $ecusity Ilk Iior <br />rower and Lender further covenant and agree as follows: <br />,~. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />The Note has an "Initial Interest Rate" of..11,4[70-_-..._~ <br />Interest rate changes may occur an the 1st day of ..---..--._~ug~$t;..._._..__._.. 19$5.., and;.on tie. <br />---°-•~ <br />1st day of .....?:ter ..................._.-..-.--, 19..~~- and on the 1st day of .--_------_~~._.._...,...~ 19..9.: <br />and on the 1st day ai .. .. ............M7S'-------- --.........-..._, 19.$4... sad an those dates of those m~oaths in every <br />year thereafter. Each date on which the rate of interest may change will be called a "Rate Change Data` <br />Changes in principal and internet peymenta to adjust amortixataon of the loan to earreepand whit <br />interest rate changes shall bo made on the 1st day of _..-...__..-..,tlalt..-._.....__.._.,._._._...._, 19.9... at~on:kbat <br />elate every ..-...- .-"-.. - year(s) thereafter. Each date on which the principal and inter+eat payrnent'thay <br />change will be called a "Yavment Change Date". <br />Changes in the interest rate are governed by changes in as interact rate indez caUetl": tl-e "Indes""r, <br />Check !vex(es) to indicate Index. <br />(1) C "Gantract Interest bate, Pumhace of Prtwiausly Oocap~ed Homes, Natiaaal Average. for au <br />Major Typal of Lenders" published by the Federal Dome Loan Sank. Board. <br />f ~) ~ -~..a~4E~?2~ .~ci'fi':.vate_,- l~rthly,_ eve~e._yi~ld ~s;,[1 S~ ~s+sa ry amities.. <br />.... <br />ddJ1kS_kf~.tfi2.~..~t~.E?~..t.3~~I-Y 4f.,j._Y:..P.4?~2i-1•g._.b1',.:~.~~~..~~~.....» <br />Cheek hoa(esl to indicate limits. <br />(1) If chic box >,~ chrtcked, these will he no maximum limit on changes is the inteteat;ate,.up or <br />clown. The Preliminary IZate reterrecl to in the Note, mall be the new fnterect rate. <br />12} ~', If this box is checked. the interest rate that I pay shall not increase more than .................._ <br />parmntsge paints an any Rata Change I)ate. <br />(3) ~' If this box is checked, the intertvt rate that i pay shall not decrease more. thsn. .................... <br />percentage paints on any Rate Change Date. <br />(4) i:.3 If this box is chaaked, the interest rate that I pay shall never be more tF»n.,13, 95Q,,,,,,,~ <br />during the period I have my loan. <br />(5} [~ if this hox is checked. the intermit rata that I pay shall never be loss then .----.---~.........~ <br />during the period I have my loan. <br />(C} ~ It thin box is checked, the principal and interesi payment that I pay shall not iaer~se more <br />than -..... ...... percent on any Payment Change Date. <br />(""+J ::,7 If this box is checked, the principal and interest payment that I pay shall not decrmwe morn <br />khan .................... percent on any Payment Change Ihite- <br />The monthly payment anwunta call also change on Payment Change Dates ae provided is the Note. <br />I3ecx-use payment changes may occur less often than interest race changes and/or may be subject to certain <br />limitations described in the Nate, the monthly pa nts ma be insutiierent at ta~n~ to y accruing <br />intan~t. In such cxtse, unpaid interest is added to the principal balance of the Note and itaeii wn'll aeccue <br />interest thereafter. <br />awe, nes <br /> <br />U <br /> <br />~~ <br />
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