Laserfiche WebLink
<br />I <br /> <br />Loan No. ,....~:;;l8-1-1~~Aj..,.., <br /> <br />~ <br /> <br />ADJUSTABLE RATE LOAN RIDER <br />84 -1)02312 <br /> <br />NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS <br />A PROVISION Au..oWING FOR ~OES IN THE INTEREST RATE. IN- <br />CREASES IN THE INTEREBI' R;('I'E wiLL RESULT IN HIGHER PAYMEN'I'& <br />DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMJDI'I'S: <br /> <br />This Rider is made this .. .25.t;l1..... day of ..... ..,J\P,;g,...,...... 19!!4..... 8Dd is iu-~ <br />intD and shall be deemed tu amend and supplement the Mortgage. Deed of Trust. or DIled to Secaa DiIit <br />(the "Security Instrument") of the same date given by the undersigned (the ..Borro....) to_BiIF <br /> <br />rower'll Note to ... ,". ... ...,..... ........ ...,., .......,.,.,.,..,......"....,.., ........ ..........,.....,',.".......,..,...................m............,~__.....- <br />.F1.::~,t.. .Fe~"r"l.. Saving.s .."!1d..,I~()'!!'.,."",,(),,i.~~~!?,1),. 0,( ..I,~l1Cc<>l.n.. a. (Jl.\t!;~g...$,!;!l1;.~.!U;g.4'BJ:lt.u.QJl.,.. <br />(the "Lender") of the same date (the "Note") and <'Overing the property d.mbed ill the SecaIity-bII&lnt- <br />ment and located at . 810 East.B~.s.lIlark................... ....,......GuDd...lll.la.Dd...lkbra.aka..6:8JlQl........... <br />Property A~ <br /> <br /> <br />MODI FICA TIONS, In addition to the covenants and agreements made in the Security ~t, s.- <br />rower and Lender further covenant and agree as foUowa: <br /> <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br /> <br />The Note has an "Initial Interest Rate" oL....U,.:1.'1.9. ...% <br />Interest rate changes may occur on the 1st day of ...P.!l!;~bt:l'..... 19,8.L and 011 the <br />1st day of . ....l'I'U:f,\l........... 19.6,~... 8Dd on the 1st day of. ..........,...........Juu&.............. 19..85., <br />and on the 1st day of . ....,..,...........,;;~1!l,I'.I!l!lll..L. 19,8.~.., and on thOlle dates of thc.e montb8 ill ~ <br />year thereafter, Each date on which the rate of intel'est may change will be called a "Rate Chanp Date' . <br /> <br />Changes in principal and interest payments to adjust amortization of the loan to ~ with <br />interest rate changes shall be made on the 1st day of .............................S~ller...... 1985..., aDd 011 that <br />date every :--:--~-:-- year(s) tbel'ellfter. Each date on which the prinCIpal and in~ payment may <br />change wtll be called a "Payment Change Date", <br />Changl!8 in the interest rate are governed by changes in an interest rate index called the "Indn", <br />Ch<:'Ck box (e8) tD indicate Index. <br />11) r::: "Contract Inte""'t Rate. PurchRlll! of Previously Occupied Homes. Naticmal Averap for an <br />Major Ty~ of Lenders" publiahed by the Federal Home Loan Bank Board, <br />( 2) ~ M.iYIHR.,llll: j!",.,te...!j.Qte.., .Mon.tb.llL.,a.\[er~..'I- .Le.J.d..an...U.S.....1:reaaurll..Sec:.u.r.t.tie&... <br />ad j us t ad .t. <>. .~.. S. ()!!.~.~,<\!I.Lm.l\~ IU,Hs.,. "J. J.y.e.a.r. .I1,u.bllfl.b.e.d...by. ..thJl.,.f,ede.r.al..kaerYll...lloarA................... <br /> <br />Check box(",,) to indicate limits. <br />( 1) C If this box is checked. then! will be no maximum limit on changee in the intenet rate up or <br />down, The Preliminary Rate referred to in the Note. ",~Il be the n_ intere&t rate. <br /> <br />(2) [J If this box is checked. the interest rate that I pay shall not increue more than ...............,.,.' <br />percentage points on any Rate Change Date, <br />\ 3) :1 If this box is checked. the interest rate that I pay .baIl not decrease more than ....., <br />pereenta.ge' points on any Rate Change Date. <br />14) ~ If this box is checked. the interest rate that I pay shall never be more than ,.u.~...., % <br />during the period I have my loan, <br />( 5) iKJ If {.his boll is checked. the interest rate that I pay shall never be 1_ than ,3..9.)Q....... % <br />during the period I have my loan. <br />(6) C: If this box is checked, the principal and inte_t payment that I pay shall not increaae more <br />than percent on any Payment Change Date, <br />\ 7) If this box is checked, the principal and interest payment that I pay shall not decrease more <br />than .. percent on any Payment Change Date. <br /> <br />The monthly payment amounts will also change on Payment Change Dates 88 provided in tbe Note, <br />Be.."a...... payment chane.... may oc,."ur less often than interest rate changes and/or may be subject to certain <br />liuaitatiGilO d~'Tibed ~., th~ ~ote, the, monthly fJ!!.rments ~8Y ~ i~"uffidtlnt at times to pay accruin~ <br />mterest. In such case. unpBld IDterest 18 added to tn,. prlDclpal balance of the Note and itself will accrue <br />mwrest t""realter, <br /> <br /> <br />.....n. ,~,13 <br /> <br />u <br /> <br />L <br /> <br />-.J <br /> <br />L <br />