|
<br />I
<br />
<br />83- OU5776
<br />
<br />1 will make my monthly payments at
<br />
<br />2120 South 72nd .Stre.et!. On,aha... t:ebraska (fl21,
<br />
<br />or at it different pl~e if r-equired by [he Note Huider.
<br />
<br />(B) Amount of Monthly Payments
<br />My monthly payment will be in the amount of U. S. $ . . 45.1 ,57. . . . . . . The Note Holder will change my
<br />montbly paymenl as required by Section 4(0 below on lhe 6th Interesl Change Dale and on that day every 36th month
<br />lhereafter, Each of these dales is called a "Payment Change Date. "The Note Holder will also change my monthly Payment
<br />on any Interest Change Date if Section 5(B} below requires me to pay the Full Monthly Amount.
<br />(C) Calculation of Monthly .."yment Changes
<br />Before each Payment Change Date. the Note Holder will calculate a new monthly payment sufficient to repay the unpaid
<br />principal balance on my loan ;n full on the maturity date at the Payment Rate in substantiaJly equal payments. The "Payment
<br />Rate" is fhe '.;urn l\f the Index figures on the five Interest Change Dates preceealng a Payment Change
<br />Date plus the Current Inde.. d;v",,<1 hy the number 6. plus }..45P. percentage points (3,!l5.Q,.. %), rounded to
<br />lhe nearest one--eighth Df one jJerccntagc point (O.125j~,,). except that the 1ma:x~mum fnterest rate changed
<br />1 will pay the amoun1 of my new monthly paymentSuti\t~n:?e~t ~~~~ff[ c~ailg~98~e unless Section 5(8) below
<br />requires me to pay the Full Momhiy Amount
<br />(0\ Elfecth'e Dale of Payment Changes
<br />Until my monthly pa}nwm IS, again changed, 1 will pay the amount of my new montMy payment.each month beginning
<br />on the first monthly payment Jate .Iler ,he Payment Change Date, or Interest Change Date if I am required to pay the Full
<br />Monthly Amount.
<br />5, {;NPAIIJ PRINCIPAL BALA.'in:
<br />(AI C/umfi\es in '\-ty I'npaid Principal Balan,'e
<br />My monthly paymem ""uHIJ be k:,>\ th;m (he amount of the Interest portion of the tirst Full Monthly Amount J owe or
<br />lcs...'\ than {he mtcft.~-<it pnrtlOfi of my flrsl FuJi \to-nih!y :\mounl after an Interest Change Date, If so. the Note Holder will
<br />"-uht:d(':! the amuun! or un mtm{hl~ pay m~n! from the. ;.JInmuH ~~f interest I l)We and will add the ditTerence to my unpaid
<br />prim:tpal nalaJh.'t: t"~Kh monlh WillI lilt: n{.~'(t lnkre~l Chan~~ Date. The Note Holder will also add interest on the amount of
<br />thb Jrfft:rencc tn !11! impallJ rrmi.'tpa! ~ahHKt' eal..-h month_ \.,lnui the next Interest Change Date when the Note Holder
<br />Je,t,'nnmes. my fie" rate III lmere,,! ~Hl m~' Int.'o unp~ud pnnciral h3Ian('t.', the- rate- t\f inten~st on the imerest added to principal
<br />will he the Tate Jt"!>;;,nnmeJ m ~t'\.__lh)n :. <100\ '-'
<br />M} monthiy pay;-nent ~\)!ll,d ;\t, !n1'H:' lhiln tht' ,lBHlun! {,j tht' Fuit Monthly Amount. 'I <:;{l. the Note Holder \vin subtract
<br />the d;ffc-rence !nlm !he :mp.'ud fYfH1(\P;i! ~;!i,Jnn' d nl\ 1,'~Hl t',h:h Tlhlflrh until the 11t.'.\1 Interesl (,hang~ Date as if I had made
<br />4 partnd pre-payment wH.fcr S~d!\~n 7 ht.'k.\\
<br />(Bi Limit on {.npaid Principal !lala",,,,: R"'luirt'<! Full Monthl) Amount
<br />\1) unpaid pnrh.'q,,,,, b:-.i..ul>...',' '..in fll,.'Vt"r ':\d-eJ ,I Hlil'\llnum 3m(lunt {'qual to (me hundred twenty-tive perrent (12~t~) of
<br />the pnlKlp,al amount I ttH?!Hl.-dlv h-nrnn..I:J H 111." p~' m~ lht.' ;ullouni l,lt' my nHmlhly paYll1t"nt ';:ltrcr any lnh:re~I Change Dale
<br />would CUl\C the lmp;liti pnnup.,d hJ;1aot:c j.J C'-,.'L'-t-'.u ~hat n:~t.'lmurn JInt1llnI ;It Jny tune. l illUSf p.ty IIlstcad the Fuli MOnlhJy
<br />A,Dnunt ~lS my rm:1fith-l! p...iyr:tt:nt untll lht, nt.~f.t IJ.n-mcHt ('h;ln~t' f)ate
<br />6, SOTICE: (W CIIA"GK<;
<br />fhc ',He H",ld.n \\.in 1;13:1 ,-'f d...h~t'r !" !,H: ,,1 nd!l.".' ,\f .Hl.\ ,:h;Jll!!,t." Hl thl' f-ull Mlmthl~ Amounl and my monthly
<br />paYl:nem hetnrc !he- ctk\.1i\:t" d3h~ "t ilfl\ ;. h.in~l' I he n(llli.c 1), ili in.\,:Jude mfnmtatwn rc4UlfCd by la\.\' to be gIven me and
<br />al~l the !tlk and tekph.,1H"'& numn..~l ..I .1 r'-~f'"ln I"lrdlO ~lii .mswcr ,my qUt.'",Hnn J tlla} haVt' n:~..mjjng Ihe notice
<br />
<br />
<br />B, ('!lAtiCES: I.U'SS
<br />
<br />Lmf\.lom1l'n~cnam 4 (,1 \h~' \l-"-Lirn~ l!hIWH!t-IH I' ..:.nl;.'!h.:h:d 'I; l{:ad .J.,,,, hlliu.....,
<br />
<br />4. Charges; I.ku!\. Bt\rrn\"~'f ~hJillM\ aii 1.;"\C' ,!'........."lHcnt~, ~Ind ,-,thtr I.__hargc~, !'inn ,Hid Hllr-X)~illl,lO!o. aunhutahle h-l the
<br />Pfl.....)C.-r1':O- v.-hldl mil;' .i.ltillH ,\ l~rH,;nl~ {l'lLf dB:'> S('u;.nty. in",trumt'fiL .lnU h..'a~h~J'd pa)HlCnb Of gmunJ renb, If any. In tht-.
<br />lUan.t\Cr pro\-ltk"J ~;nJ..:r p-df.1~rapl:l .::. hcroJI Iti, If i1\ll P<t.iJ In ~.iJ-dl manOt'r, t;y Borro\\'~r making payment. \l,'h~n dut:, di.t-eclly
<br />:0 the paY\."C thereuf B\!rri..l"~t ~h.tH pmmptij tum.sh 1\1 Li.'.IH.il..'f ail nuth.:cs of amV\lllb Jue undt'r this paragraph. and to the
<br />e"cnl BUtTU,",'Cf ~ha.il maKt: payrn.;flt ..hn,'(."'tij'. ih~np\\a ....hail p-f\lnl(;.d) f~lrm~h to Lender rc-I.:t"lpts- eVldencmg sUl'h payments,
<br />B("l'owcr ~hail pf\Jmpti) dt....hJ~~ 4U1Y hen ",hk'h hJ,~ pnpnt, "'..n thi:!'. S\.'"\:UrH) InMnlfueot; provided. that Bon'Owcr shaH
<br />nvt tlC" rct.fum..d hI dl~'d1~lr~C Jfiy 'iul..'h hen ",;,1 it~n~ i.l.... HlifTOWtT (JJ :-.halJ agree in \\riling to the payment of the obligation
<br />..;c\.'un.'\J P)- :,>u\,:b lli:n III ,I il1anu\-'f' ..h.';.t.'f){abk- In L,:n>.kr, ~tli ~hall III goud f;lith ...\.llltes! ,-;uch lien hy, or JdenJ ~tgains(
<br />eOfUf\.'enkUl ~)f ,:<u"h lv,..n III It.;g.J1 pro,.:n'J:ng~ V.hH,h In the GplIlion uf Lender operate h1 prevenl the t'nforcemcn{ of the
<br />ht"n (11 h.lricHUf\, d the Pfl~peft~ llf dTI) pan tht:l'c\ll. l'f !i.-l ...h:.iU ....t'...urt." from the holdc,f of ..u\:o lien an ~grCt'ment in a fonn
<br />satJsfa'tof)' ft." l.t.'ndcr lo,ut1urJmalwg '!.u\.'h [H.'n to !~b Sc..:urlt) In\{rument
<br />
<br />if Lc:nder t.k-tt"m:unc~ that JH ,If i.i.fl~ part 01 the Properly J.'> sUbJC(:1 to tt ltt'n whit:h ma)" aUam a prHJCtty O\'l;:f thiS Se\:urity
<br />[n..'lrumcut, Lcntle-.r ",hall ~nd B()mn~,ct noU~'e !Jenutytn~ ~u~h lien B...\fT(Jwcr ."hall ~tJs'-y ~u....h hen Llr take OOe or more
<br />of tht all.:tttllb !;ct f\H1.h O!OtI\': \A-ithHr k'll d~!~ ollhe ~1\U1g t.Jt n\)IH:-c.'
<br />
<br />C. NOTICE
<br />
<br />Un.!fonn C.y.:;:nant J 4- \.,lj rho: S\'nmr~ in..,(rumcOl i... .:HncnucJ HI r~&i as fllllows
<br />
<br />14. Notitr. Et.i:i'pt hn an} n-ntKc R"qUU~-U l.ltlOt.{ appltl:able law to be gl""t;n m anvthe-r ma.rU~f. l,a} all} outiL:e to BOffiJWer
<br />provided for In this S('{.:unty In",trurnefH \haU -he given by l.lelivenng it Uf by mailing j{ by tintt \..'las~ mail addre~ed to
<br />B..,.--.w,",cr .;;; ~hc Pn~';:ty Ad...t:~~.:, ,:'f ~~ ;.;;..n \"ih~T aJ.J.~:;:~ ..:~ S...,ITt;,WCi <riay J..c-M!;Hi.tk h} {j\Jti~;: to; L;;:n..-k~r <i:.' pnwiuccl he-few:,
<br />antI ,b~ any t1vri,:c hI Lt':rnkr ...hail De ~n,..~n b~ i1f~t da~ lnail In l<-mkr'~ addre:o.s. ~ta.H.'J herem or h) .\Ul:.'h other ;iddres~ a.s
<br />l...efidei' nw} ~~gH41t, \1)' npIKC {n Borr,}w('r a", pr\n"id.<J herem :\ny nuw:e pf()\dllcd for in thi~ Sel.:urity In!l.lrumenl ~hall
<br />be dttmr:.J to tu\'C f;e~'n ~n-en to B,.)f'fQwcr o-r Le-nJcr when given in t.~ manner d~~i.gnatcd ht'rein
<br />
<br />I), t;NlYOIl,\1 MORft.AGf:: GOvt:ltNI.M; LAW; Si:VEltABIUH'
<br />
<br />tJndonn Cmlt'Nmt L5 o! the Socl,u;ty tn~m.cO:t i~ afDCflded h\ read it5 h)How'!.
<br />
<br />1S.. {'Jtti-form MI,M"t~; (tq'fCftmma Law: Se~uabiWl. Thl, foml oJ Se!l.:untj' In8-trunlt"tlt (nmhmc~ uniform l;O\-'t:'na.m~ fur
<br />natl~ U~ ~ rn)1HH~ifUf1)) ..:~).\-.t:'n-ltfi{'" With ~imth:d \-;tH.ltl"n", tly }un'\dKtitln ~" \'-on~1.irutc a onifonn "t."\:Uftly instnUH:t'f11
<br />(''''l<-'!j'C~ rr:il11 ~':t.~,(ry nH',~ S-€-t,tmtj' tn~trunKtI-t :4nllH t'C ~~n"'C"mt.'J by feO<.J.J bw (tuJ lht: 1,1\\' pi HlC JUrl1-Jjl,.'u-on tn \\-hi("h
<br />tbe PfHl,,'-n)' ,,> h,)t'A!:t-e,u in th:(: n'{:'tU rnli:t ;:i;tI) pfi:yq"tt.m nf dau~ of thi!!. S"'\.U!H} In,,,,trumeJit \1{ tht, :'\i-\.)b.: J..lmHtd.... wah
<br />.ilNRKAbk l:;.t~~ ':,-{j;.n i~~\jlil.,,! -41"u1 l;.ut a!ft'H (\;hc,t f'fH"<il!>;Ul'l.'I> .-.t tOt:'\. Se(.:~mty InSlHlllk"tH ,It the "'~,h: \!"tud~ lan t~ F'\'l~1l
<br />
|