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84002125
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84002125
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Last modified
11/19/2008 12:53:08 AM
Creation date
11/19/2008 12:50:55 AM
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DEEDS
Inst Number
84002125
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<br />Loan No. .....sZ6y.y..i..}g..... <br />ADJITSTABLE RATE LOAN RIDER <br />N 84 - 002125 <br />NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS <br />A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE. IN- <br />CREASES IN THE INTEREST RATE WLLL RESULT IN HIGHER PAYMENTS. <br />DECP.EASE3 IN THE INTEREST RATE WILL RESULT IN LOWER PAYINEIVTS. <br />This Rider is made this --.2~~-.......-.° day of -......_~i]..-----....---°-......, 19._8:A., and is inonporated <br />into and shall be deemed to amend snd supplement the Mortgage, Deed of Trust, or Deed to Set7ne Debt <br />(the "Security Instrument") of the same date given by the undersigned (the "Bonowes") to seems Bos- <br />er's o to ..-...._.._--.........-- ------------------------------ °----- °- .........-° ----------°-------°---------•-----._----------°--...._..._.._.. <br />~rst e~eral Savings and Loan Aasociation.of Lincoln,-a United. Statgs_corporatlon.._ <br />(the °Leader") of tF 2 Ss ~~ epd ~ Hothe "Note") and covering the property deacdbed ih tie 8acntfty inaka- <br />ment and located at .....---.-•--------------------__...---..----.----------,---..-.._Grand_.Is].and«-J~Iebrasita..h88LlL........ <br />Ptopertp Address <br />MODIFICATIONS. In addition to the covenants end agreements made in the Security Inetrwnmt, Bess <br />rower and Leader further rnvenerrt and agree as follows: <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />The Note has an "Irotial Interest Rate" of...--.-I2.5k.Q.--.% <br />Interest rate changes may occur on the 1st day of ..........._..----......__...?~SUalz..._..., 19:$x.. snd m the <br />1st day of .__..._----------------.-.-November,.- 1985... and on the 1st dap of -..-..-°.....°_-.---__FgDplIA7GIG.x;• 19:,flfi. <br />and an the 1st day of ..._ ................_.---.-- MaY...-.--...----.• 19.-&k.. and on thane dates of those months in eveefi <br />rear thereafter. Each date on which the rate of interest may change will be called a "`Rate ChatMe Date' . <br />Changes in principal and interest payments to adjust amortization of the loan to oorreepoad with <br />interest rate changes shall be made on the 1st day of ...-__ .................----..Mai---..--.__._-., 19$6... and m that <br />date ev ------ .... yearls) thereafter. Each date on which the principal and interest payment may <br />rhange will be called s "Payment Change Date". <br />Changes in the interest rate are governed by changes in an interest rate rode= called the "Ihdet"'. <br />Check bo><(ee) to indicate tndez. <br />(1) r "Contact Interest Rate, Purchase of Previously Occupied Homes, National Avere`s tae aV <br />:Major Types of Lents" published by the Federal Home Lan Bank Board. <br />(2) ~ !~.i4esak),e..hate..Nate..-..CfaathlY.-.axera~e,..Ylr1d_na..li.S....T=easurX-.Securities... <br />adluated_.to a ronita~S._ai~uri.GY..vt--1--Y.ear_.D.uh.i.lahed-.1~Y---th¢..Federal.__Basesvr.9nasd......._...__..... <br />Check bac(s) to itidkYte limits. <br />(1) ^ It this boz is checked, there will be iio muimum limit oa cfuagea in the intmesE sate rip! or <br />down. The Preliminary Rate referred to in the Note. will be the new interet -ate. <br />(2) ~ It this bo: is checked, the interest rate that I pap shall nob increase moro than ______....._... <br />percentage points on any Rate Change Date. <br />(3) ©If this boz is dfecked, the interest rate that I pay shall not decrsre mace than _...._....._.._., <br />percentage pants oa any Rate Chan`e Date. <br />{d) ~ If thin bo: i& checked, the interest rate that I pay shall never be mote than .:13.9:50:._,~i <br />during tlro pared I have my torn. <br />{5) ~ If thin bas is checked. the interest rate that I pay ehsU never be lees than ..iL._.-.....-_y6 <br />dnndg the period I have my ken. <br />tai) Q If this bo: is checked, Uu pri~iprl snd interest payment that I pay shall not incase tans <br />than -.-....._-......... percent on any Payment Change Date. <br />{?} r,~ If this bo: is checked, the Principal and interest payment that I pay shall not decrease Mora <br />than ...__,_-.-..----- pe>e~t on any Payment Clania Date. <br />The maithlp paY~t amo~utts will aLo change on Pnpment Change Dataa ar providedm-the Kota <br />fleiaute peymeiit e.Aanaer may oocar k+re often ttan interest rate chensee and/or tmty besnlijact to-omtain <br />timitatione described in the Mote, the monthly pa to ma be insufficient at time to prY acanrios <br />intereek In such case, unpaid intetst is added to the pr>~ipat baLnca of the Note and itrslf will aretae <br />interest thereafter. <br />r.,~ era , <br />t..~t <br /> <br /> <br />
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