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84001721
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84001721
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Last modified
11/18/2008 10:28:05 PM
Creation date
11/18/2008 10:25:55 PM
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DEEDS
Inst Number
84001721
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<br />84~•.0017~ <br />_: <br />Loan No......51158-1:18..... <br />ADJUSTABLE RATE LOAN RIDER <br />NOTICE' THE SECURITY INS'CRUMENT SECURES A NOTE WHICH CONTAINS <br />A PROVISION ALi,OWING FOR CHANGES IN THE INTERffiT RATE. IN- <br />CREASES TN THE INTEREST RATE WILL RESULT IN HIGHER PAYMENT'S. <br />DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS. <br />This Rider is made this ._ .-.----.~.... day ot .-..._ ................''.~?r~.........., 19-84..., and is iaaorpota#ad <br />into and shalt be deemed to amend and aupplemerrt the Mortgage, Deed of Trust, ar I]esd to Seomr Abt <br />{the "Seauity Instrument"? of the same date given by the undersigned (the "Bwrowa'") to aeewe 19aw <br />~rower~e Nom to _..... -- °....--- .....-...._-...- --- - - - -----•----- ......................................._..._............_.........._..._.:.....:._ <br />Firer Federal Savings and Loan Asaoeiation of..1.lncoln,-a_Uuited_States.,cdrpo~atiott_, <br />(the "I.errrkr") of the same date (the "Note") and covering the property desertbed-ffi the 8eeadty <br />meat arrd located at .1244 South.. Li ncoln...._......._ ...... ........__.~1Chid..L4),A/1d..Nf@.bT.Bl~I...~2~~~.......... <br />- Propeety Address <br />MODIFICATIONS. In addition to the covenants and agreements made in the Setrority Inetnoment, Sot- <br />rower and Lender further covenant end agree es follows: <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />The Note has as "Initial Interest Rate" ot....-..11.4_Q0,-_ok <br />Interest rate changes may occur on the let daq ot ........._ ................-.-Au8]1°5--.----„ 19_@~. and on ZIM <br />Ist day of ......._....._._.-__._... NoygmbgF...-, 198-.. and on the let day of ........._.....-.._....IrtihTl,!Uf[Y..., 18. ~.tl.. <br />sad on the 1st day o! - ...._-..._.....-...----ttax.-------_..., ]9..&fi-. and on those dates of those rnonths ine~ <br />year thereafter. Each date on which the refs of interest may change will be called a "Rate Chaega Uat~'. <br />Changes in ''pa( and interest payments to adjwt amortisation of the Iron to coarapoad wiNf <br />interest rate changes shall he made on t let day of ...._._ .............._.... .19.8&.. and an that <br />date ever)+ -.-----. year(s) thereafter. Each date on which the primipal and inta:sst payosstd stray <br />change will be rolled s "Payment Change Date". <br />Ch+xkC b~o~>< ~) to indicandez.~ g~~ ~ ~ asrntereat rate iedas called the "Iadgt". <br />AfajorlTypas of~IendasA pubBahed by tbethe Federal Home~L uu- Sanlr~Aaard°rOaa' Natiawl Aaaaga !ar ap . <br />(2) ~ ddlgata6lr..Rair-.Nora..- .Nanthl~r-..axes:age..yielQ..ott..lJ...S...Txnaguclt..SaciuiLfsa... <br />ad 3usc gd...~ s~..,a- ~uuai.aniG.. rsatx~ri.tY.. of _ l.. yeas.-ixnbliahed..by.. zhe..I'tderal..8gassxa..aarucdw.._.....__...... <br />Check bo:la+) to indiette limits. <br />{ 1) ~? if thus box ie shacked, there will be rro maximum limit on changes in the interest rata rep or <br />down. The Preliminary Irate refetttd to in the Note, will be the trove irrtereat txta. <br />t2) [~ If this box m checked, the interest rate that I pay shall not ineteaae more than .................... <br />petcetrtage points on arry Rate Chsoge Date. <br />C8) ~ Ii this box is shacked, the interest fate that I pay shall not decrease more than ................~._ <br />pateerrtage points oe say Rate Change Data, <br />{~) ~] If thin box is checked, the inteteat rate that I p.y shall never be mote than .-1.3.954,...96 <br />during the perrod I have my lam. <br />{5) ~ It this bo: is checked, the interest refs that I pay shaA treve~r be leas than ..Q.,......._..!6 <br />during the period I have my lose. <br />{B) !~ If this box is checked, the principal end interest payment that I pay shall trot increase mare <br />thm ....... ......... pestent oo any Paymwt Change hate. <br />{?) ,~`'_, It this box is checked, the principal sad interest payment than I pay shall not decrease more <br />than ...._ .............. peromt on any Payment Change Date. <br />The monthly t amounts will also change on Payment Change Dates as provided in the Note. <br />llecause payment c may Decor leer otter rhea interest cafe changes andJor may be subject to certain <br />limitations dscarbacl in the Rote, the mmrtbly payroenta ms be ieeuf&cient at times Go accruing <br />interest In such case, unpaid intnest is sdded to the principal balance of the Note and itaeU will aocnw <br />interest thereafter. <br />c..,~ eu <br /> <br />U <br />J <br />k,. <br />
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