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84002258
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84002258
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Last modified
11/19/2008 1:46:38 AM
Creation date
11/19/2008 1:44:10 AM
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DEEDS
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84002258
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<br />ADJUSTABLE RATE R[DER 84 ~ 402258 <br />THES ADJUSTABLE RATE RIDER is made this 30th .__ day of BjLll l9~_, <br />and is irarotporaNd imo and abaft be deemed [o amend and suppkntmt the Mortptpe, Deed of True, or Deed to Setwe Debt (the"'90t:aity <br />Ittrtrwowtt'~ of thr taane date qvm by the nndersiataed fthe •'BOrrower'~ to aetitre Borrower's Adjusmbk Rate {Vote m NOME' iE6E#AL <br />BAVIN®B a1 LOAN AEiOCIMi!/YI OF 011AND 1Bl.AND, NEDIFABKA tthe'•I.ender'•)oftheeatated~(the'[14M`•)' <br />std rnverfrttt the property described in [he Security insirtmtertt and lon[ed at: <br />__ 1010 North CTarkLGrand Island, Nebraska 66QOT <br />-- tProperty Adthws) <br />71e NaM a'aatriaa p7rsXWr ttBtt+riiq fx ebagta 1. the htawmt rata. It tM ltdreat rata <br />laeaaas. the Battrowv'a ttaanthlY M7mtM wM ie hyhs. H Hn IasaM eta Meaataa, tier <br />Btwrwws'a 7watYy MYtnenb wM k Isww. <br />ADDI'TItyNAL CCIVEN.APi'IS. In admtton to [i1F covenant and agreements nude in tit Secrii[i httii~GlG~t,~80r[BRtPfaatl Lt~ei'° <br />further covenant and agree as fdbws: ~ - <br />A. l!tPl'F>!3T SATE AND MONTHLY ~AYMPM CHANGiS <br />The Note providts for ere Initial {mercer rate of _ _ll_____~'~- Section 4 of the Nate prnsrides for ehan/p io the iwiRtatrage'~r` <br />taoothty pavmeetts. as follows: _- .. <br />t. lNTF.REST RATF_' AN'U .MONTH(. 7" PA Y.N~rv'T t'tfANGES <br />fA1 ~e DMm - <br />The intetdt rue 1 will pay may chance an the 1St _ day of .111nP , ~9-A~~;~~:'_ <br />on that day of the mmth every _. 12 tnonths thereafter. P,uh dart on which my interest rm ewuld clmeRFia t'~d.a'.p.'r"'. <br />t11 Ile Inds <br />Be~tttting wrtb the fern (Cuter Date. mY mtaeat rate wrN be !used as an "lodes{." The fttdea k the wakly avrga Yield oe LtdId.9laMt, <br />Tttasury accttrihe adlusuxt to a caostuu masuntY of ~_v. years. as made araitabk by the FatMnl Rtwerve Bead: T1a,moat <br />recent itsdea figttrc avalabk as of 45 days before pch C hattge Date is called the ' `r;.larreat Ittdex." <br />If the Irttfat is an lon=er available, tau Nar Holds mll choose a new odes whteh k based upon camparabie information. 71te Nay-lt01dR'. <br />will pve me ootact of its ciao <br />tG) ('alenlatitm M Chayw <br />Beftxc each (.Tartar 17ate_ the Mae Helder well sak~afate rrty ettw mtexeat rue 6y adding , ~l 3~ Qf12-IW l f Pe~alaltaiitla` <br />t ~~--- V+1 to the Clrrent lodes. cell rouodioe to ehe sunrdt 1 !fl6. 1'A€ earn tvUl be mY urw in[t~a raM. Thtmiltfsnla.ipY1!ad~.lala~. - <br />uo ehn Iwo wit! be tro less than . _.. 4~.._......__..___'rs- The masrmtun mterdt rate em this loan will he m mare th7M 141ry_, tlyw`. <br />The Note Holder well tlwar detetttasx tM amount of taw aaoothly payment that wooid he suftkiaot to repay in t~,tB the <br />priadp~ldi~, <br />eapecvetf [o owe on the t:hastae liar m subatantully equal [raymerrts by the ertattrruy date rt my clew inteteat rate. The retrtth M lilt alaitYae <br />will be the clew amount of mr moath;y payment. <br />(D- fxlarYw 4k d Claapa <br />My ntw' smsest rue will beroetw effective an rash cTUtac Gate- 1 wifl pay the rmount of my rtnr monthly paytaatmt bttaiaritta tan tit (h!E <br />mnmhiY Payment date otter the C~anar pate anti! the atataam a my marthfy )gytrteu chattaea aaaia <br />tEl \ar/e N lAatgaa <br />The Nate odder will mail or deltvs to me a oarct befonre rash C'hartae Clete. The naiae will tdvlae the of: <br />!f) the stew tmtreat rate an mY IaWt as of the c=hanye Part: <br />till the amwrne of my mummy payment tdiowtag t1u i Aurae pau; <br />relit coy adthtaaul rrutttas whrcft the Mae Holder ss requtted to disclose; and <br />!tvl the ark and telephoto nttmba of a psxut who will aruwrtr say qudutu 1 may love reaarditta the tttrtioe. <br />B, t:NAU:rs: us~ls <br />!Jttlform Cavenutt ~ of the St+-tutry Itutrusoeot is atrte[xkd to read as tdiows. <br />•, (ltaaaa; Lkr. Harrows stub nay ail toad. assessmrnts, and crier cturgd, fitws and impositions atuibuubk to tier Property which may <br />atlas a ptitsrNy over this Securry [artrttmeat, artd leasehold piytrtents of gawad rents, if any, in the mastoer provided under p7traarapA 2lteteof <br />tat, tf tent pad in sw^la mamtcr, by Bwtnwer tttattrta payment, whrn dot, dually to the pays thereof. Morrows shall praaoplly furoirh to <br />t.tndes ad moors of amounts due under tits puaataph, aa0 to the went Borrows dull truce payment directly, Borrowtx shall promptly <br />ftwaash to Lander rexsaps csrdertctng surly Payrtrenta. Horrewtr ;!ail promptly dtacturae arty lien which hu priority over [his Securny <br />Itwtruateat: ho+asrer, Borrows shaft treat be requuM to dtac~3tuge any such !tea so kuaa u Borrower: (at shall carte in cantina to the paytttem of <br />the obftMtion sethuad b) such attar w a rnartrser xreptame to 1_.ender; tba shall rq aaad faith contest such ben by, or dd~tard aga+rtn mfotcemea[ <br />evf sprb ~t t^, leas! pa~+eevtings vrhich +n the +~prnitrrt t+f ! rider c pt,ate to prevent ttte enfarcrmem of the iron err t<xteitwo of the Property or <br />awy Putt tttereof; rR (c! she{{ enure front tAe tsoldar of stilt Iles an aartetrtent m a form satisfactaxY to Lettds subordiau[rtta such ilea to this <br />St7strntY lnstruneent. <br />t! Letader tftaertnttws that aH ax any Put a! tau Prapertp is subl4t to a Iran witch may attars a psiortty aver this 5e~vrtty Irturumeat, lxttder <br />staali pva Brrrrtrw a aartr tdantfYtna swan rtes. Bturawer shat! uusfy such lien nr to-r tme or more d the act.trans set forth above within tt'n <br />tiaYs of the aivioa of taw tsutsot. <br />lsOttltt?. <br />t7rtfotm Corenarn ii of the Stscw[tY Instruasast is arstenticd to read as traiiows. <br />ter. Mallet, fsaoept fa any autxs eegwrai under appiacabk law ter Ix pets m attattts mamter, tat any rxgi Y to Harrow~sr provtdr~d feu tit tin <br />Seatrrisy Inttrttmaat be rpsen by dtdirartasg n or try rnadtty to by first claw arras to Hturowa~ at tau Pratu*rv Adtlrrss ar at such other address <br />as aiatts:wer may derianue by tr¢atkr so i..naiar as Pszerrded iwaeaat, and ik+i asp rrLUSCY to [.ender shat! trr arvert hx first lass toad to Lctdex's <br />addrt+u z>w~ iua'stfl;~ ~ ether rddrstat u L.tadv mar naxe >'*7 awxe to &nrrower as <br />Provrd[d havean 1rs4 nott.,~r pro*edtd f!x m rhes <br />~Yrt[X 1turrttaarJtt elaaH hr deerlaad tat lave txtn amen sn Btwrowts cw t-roarer when gr,scn en sett erxarstus dt,tanatns nrre,n <br />
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