84002261 - Laserfiche WebLink

Browse

ADJUSTABLE RATE RIDER ~ ~`-0~22$s_ THIS AD!!~1'ABLE RATE RfDBR is tnadetha 3Q~_ diYOf ATri 7 1984. aid-is ittcorporatad into attd sine be dtmted to ettsend and suppt4mmt the Mortpte, Dead of Taut, a Deed to 3ecmrDlehatlha `sSeauity Ittaaameat'~ofthaaiiaeditepvmb7tActudt~ptadithe"Baertfwae")toracmeBttrt'owes"sAdjwfaWeRamNOIeW ii01~"fA4+- >fAYlIlA6 !LOAN RtRQCtATfON OF tiltAilO IaLAND, NEf11RlKA (she"Lmder'hofthcaoadi`r(tlii~!t9roi~"t3 and catnrtiry the property dacrihed io the Sectttity lrutrumeu std located ac. 1 ~ 7 [7 ~ ranQ~ f" r ri T a? anei N h r4 X80. {property Addteul ' Tie Nola eatlshr MFr~ aMwhtt ter eYigo V be Itlletll rile. IPt4 IMiiwF tiib itle•Mri. 1hf Ra/rawR'a aMWY !ilMr rtRl -r h1Bip. U ihl-filrlsR fw''~aalrMMr 111; Rarrnrrer's itaMYY lrYtisila srD k loaar. ADDITIaRVAL COYF;NANTS. In addition to the troveiant and atreemeata mile is the SetvsitY lmlritttmtr Bo!liral{['twd Leidlit further covenant and aQee is follows: A. IN'['F=68T RATE AND MONTHLY l-AYII/ENT CIIANGFS The Mote provides for an initial inureat tau of .. ! t s/s. Slxtiat 4 of the Note provfdes for e6in/p'io thr iiasnE=ISar ad tM montMY gytneus, as follows: I, fN7EREST RATE AA'D AfONTHL Y PA YMENT CHANGES ._ lAl C1ige DaMt The irttercu tare 1 will W Y ~Y ch+Me on the ~ ~: t ^. day of _____ JlNiti - 14~-~1i--~~ rnt that day of the trtomh every ' ~ tnattln ttterla@er. Each date on whieA mY imeren talc catW ehin/cir~uYidi"C"M~iBCDtle. •• (R! The tds Bgionint with the fire C'hatye Date. my interest rate will be tiled on an "Index." The ietdea is the weakly avmgs Yield oo-Uiilad-9lklal Treasury ucurnia adjuued to a wnsunt ntmutty of _~ syrsr; years, as wide availabk by the Fadtial Rtesarvs Bend. 73i~oa1 recent Ittdes Inure available as of IS drys bcforc eadt Charts Date is tailed the "Curtlnl'stdat." !t the Index is no looaa' available, the Nate Hooter satfi choeae • new index which u based upon compliable infottatt~ss. ThiHolt Holds wife Give me notice of its cttoux. (K7 CakdasfaiM('hittpa Before each Ctuaile f)ate, the Nate Holds wttl n4vlite mY recur interest tau by addio~ _ i ~.v, anti rxtn_ha 7 f pimaMiyipglip-'- (_ ' ~ As) [o the Cutrmt lttltex. std rottttdint to the rtareq I fattri. 'i'he sum wilt be mY new fMactt tale. Thettistirttas~iigsMt~tttlti ttn IhU Iwtt wl(• b! nn less tlsti `-~ ~ rti. 1'1K Intltlmate imerdt rate On Ehm loin will be tq mars thin 7 L _ ~+ ~. 7'be Note Holder will than deuxaarte the attsasmt of thr mtsnNiY paytttmt that would be sufficient to reply fo fttd tht prisapil.l ad extrceted a owe on trte Qutte Date in substao[iallY sous! ttayments by the maturity date at my stew inttmtrt rate. The taaoh. of ~ CtInh110t sviB be the new amount of mY mon'hlY payment. (D) FYIaeYee Date ad CYO My Weer iataest rue wiB becoae etfetxive on each Clwtte Ibte. 1 will pay [he amtsunt of mY ttesr man[h17r WYrttenl bapadoRno ilea {Ifll rriynthfY paytnmt date after the C'haate Date until the amtnsnt of my monthly paytnem chatstet tttaia. (R) NiYtials~agn 1Tte Note Holder will tttail ar deliver to me a twtux bdnrc each Chanlc Data TM entice will advise me af: {il the new iutetett tau ort my fain as of [!k (:haute Dale; (ii) the artsttunt of roY monthly pnYmera foWtritt the C9tattte Date; till) aqy additional toutm vhxA the Nae Holder is required to distfose; and {iV) the Uik and ltllphaie number of a perl00 who wfU anstrc'r any Quesuon I may hate reprdstj the ttotioe. B. t:J1ANG~:lJt1V8 liiiform Covmaet i of the 5ss:ttrity lrtstttonent is amrtttfed to read as foiMws: 1. Chaste list. Honsawer sdaU pay ail taxes. auesametds, and outer chutes, fitter and impotitians at[ributatrk to the Property which tatty attain a ttriarity asmr this Seaway Imtrummt, std ieaseltaid payvtents of around rents, if any, in the manner provided under pMtgraph 2 hereof tx, if trot pad in such manner, by Barcttwer tnaktttt paymatt, when due, directly to the payee thereof. Borrower shall pramptty iuriish to Ltender aft ttatica of amamts due alder this puafraph, and in the even{ Borrower shall make ptYmertt dircalY. Borrower a1taB pratoplly flunnh to L.ertder teceips evtrteotaat sum payments. Barrorrcr shall prompxly diseharte say lice whits has priority over this Security tflltertBewtiH ttowtver. Borrower shat! mx be repaired to disdarte any such hen so {oat as Norrawer: (al sha-1 atroe N wntity to the payment of the tsktii~allot aamtead by attcb lim in • matures attxptahle to La,der: (b) shall in trod faith contest such lim by, rn defetd attYWt tmfornstteat ai etch ~ i4 ~ plasxadints which In the apittton of Lender opaau d prevent the mfarcetttmt of the flan a fttrfeiturc of the Property or try peal thtitred:. a fc) shaB axles tram the Itoider of such Item an atreematt m e form satnfanary to lender subardiwtfrtt such lim to shit SaeyritY itsttrarmt. If Latdtr detarat+rstss that ail a any pan of the property is sub)en to a licit whteh may attun a prrartry aver this Sxttnty Insuttmmt, Lender shag p!a farrows a rtattac dmtifyiat such lam. Bttrcowea shall satisfy such lim ar tike ate a mare of the aciians act forth above within ten dtYt of the t+vW at the aatice. ~ NOi9Cf. t.3tifrirf ~ssvlslitt N of the SceuruY itsattttmntt to amended to read am f shows- ti. Wise. far awY arenas rayuteed utdrt applicable Ears to be ilsen in aneu.her manner. (a) my naxtce to Bcetorrer pravtded fa m thts 9rntrkY heattuwans fhaN ba Avon by dehvartsit it a by tstldfiat u try first class and to Barrawer n Ilte F'rtgytrty Address or rt such abet address as furrows taaY dnWsuas' by ottttae to Leader as pturtdatl heratt, trod far) any natxx to Lender stall tx avert by titer class mul ur Leader's aith+wss etnpd bees ar to sndr other addrsa n L estdn tnay dsaftnuc by ttot~e to Botrrmr ss prmsdcd heron AnV excise provded f or m this 5eawaty tlr9trRtlaant relay b! tLsemuf to hay! 6eea liven to Barawes ar l.ssdef when atvYit Ott itf! [aannlt' destttwtld ttlresri