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<br />r <br /> <br /> <br />1','" <br />I':. <br /> <br /> <br />'1 <br />84 -- 008:l.~7 <br />ADJUSTABIIE'RATE RmER': <br /> <br />j' <br /> <br />2016 West Division, GrandIslard,Nebtaska" <br />---~-----'-------------(prop:ertvAddr~--' <br /> <br />The Nolecoa_ p_ allowlDgfor_ngeo lathe IDfmiJlrali.ltllliilrit...llI1i <br />1...-. iMBi>rro"",'" 100011lly pa,.-wIIIlte.~; If'llte_Mo-d_;'lhe <br />Il<>rrmv6's mo.UIJly payments wIIIlte 10""'. <br /> <br />. ,;;'t:r!> <br /> <br />ADDITIONAL COVENANTS, In addition to the "ovenan.and agreements made in !beSeeuritylnstnllllent:BiirioWer'mKl'~:' <br />further covenant and agree as follows: <br /> <br />;,,;.<::;;':,'- <br />"::-:'> <br /> <br />A. INTERllST RATE AND MONTHLY PA YMEN'f (''HAN(,ES ','0;':;;,.: <br />The Note provides for an inidal"interest rate of .....-l,.1..-,-- 0/5. Section 4 of the-Note' provides for..cbanges"in.the"jiii~~:r~~'J.nd,:tbe+ <br />monthly payments. as follows: <br /> <br /> <br />'}hi <br /> <br /><'.,"-" <br />,':',',:';')-.'-,i <br />,'."!':i'<-r <br />h>; <br />'i-''- <br /> <br />4, iNTEREST RA TE AND MONTHL Y PA t'MG:VTCHANGES <br />(A) Change Dotes <br />Tbeintel'est rate ! will pay maycbange on ,be !.st __dayof Auqust .. 1~84:..at:Jd~" <br />on that day of the month every ~~ monthstherea,ftcr-. Each date on which my -interest rate could charige is called a,--'4CbaDF;-Date~~f <br /> <br /> <br />(8) 1'lte buIex. <br />ileginniDll with lhe first Change Date, my inter..' ra,e will be based on an "Index," Tbelndell is ,he weeldy averaaeyield on United SlateS. <br />Treasury s.ccurities adjusted to a -comt.anf. mar'.~dt'i of ----'-Jn~_ yean. as made, available by the Federal 'Reserve',Bmird~ The',most <br />recenllnd"" ligule avaJlable as of 45 daY' before each Change Date is <ailed 'be "Curren! Index." <br />1f the lndex is no longer available. the No(( Holder wli1 cbl.)OSC' a new index which is based upon comparable information. The Note Holder- <br />will give me notict of its ,bl.)!Ct. <br /> <br />((;) CaJcuIalh>R of (1laqa <br />Before eat:h (1lange Date. tht Note HoWer w1lJ ,&kwate- my new inter~l r-alt:: by adding ~_..l!}j,jLi::!nd ...Q.L~-::.!Jalf~~ percentage points <br />(_._,_~_~~....~,_~___~_ me) to the-Cut'rent and rounding to the: nearest 1 /8l7h. The sum wiH be my flew intere!J r~l-e.., The minimum interest.rate <br />on thi~ i~f1 wilt be I1v jQ;.~ ~" In-: nm.~imum ~mefttH flite on this !oan will be no.. more than ___,_~~_14. 5 ~ o;'IJ, <br /> <br />Tbe Note Hokier- wil11ben dt:u:rmitu:: the ~..m()Unl of the monthly payment that wou.ld' be sufl1cienllO repay in fl1U the prin<;ipa! I am <br />expected to owe Qn the Chw~ l)~il.; in subii-tantlally e'"4~ -payn:~ent:.'j by the m!u-urilY <JiH~ iH my nt:W intl;f~t rate_ The result of this calculation <br />will be t.he new amount of my monthly payrneol. <br /> <br />fDl \<:freethe Dok of C~ <br />M) new interest rate. win bect.l-ffie eUe4~.lt'o'<- on eWI Change Dal.c. I wiU pay the w.nount of my new Jllonthly payment beginning on .the first <br />munlhty paym(.,...l1 dale after the Change Dale until the amQunt. of" tny monthly paymem changes aga.ill. <br /> <br />(E) Notice 01 <.:ttuae> <br />The: NOle.HolderwiU mail Of de1i\rcr t(.l me anolke bef';Jreeacb Change Date, The norke .".iU advi:.e me of: <br />(I) the new im<<e:;t rate on my l-oan as of the Change Dale; <br />(iI) the.amuunt of my monthly payment follo-wing the Change Date; <br />(iii) auy additional rnauers wtu(:h the Note Hokter is required to disch:JS<'; .and <br />(lV) the title W1d telephone number of a pason who will answer any que>tion i ma, have regarding the notice, <br /> <br />B. CHARGES; UENS <br />Unjfonn Coven-am 4 oftheS<<:urit)' Instrument isa.rncnded to read as foUow!j;; <br /> <br />4_ C~ lJeu~ IWrfO\\'cr shaH pay aU taxes, askssmt:nlS. and other (harie~. fines and im~lion.s attributable to lhe Propeny which may <br />attain-a pOQrity over lhili $<<urity Instrument. and leasehold payrnt:l)[-S (}f ground rt'nts, if any, in the manner provided under paragraph 2 hereof <br />or. if not paid in such matiIlCl. by 8Qrrower rrulking payment, when due. dire"t~y to the payee thereoL Borrowt:1' lihall promptly furnish to <br />l.cndcr all not.icei of amounts due undcr this par-agnlph. and in the event 8QnoWtf ::.hall mak.e paymen, directly. Borrower shan profilpdy <br />furnd.b 10 Lender recej:pu. cvidmcing such pa)meJIu. &uowa sbaH pfvmptl~,. di;;charge all~ Hen which has prloriry over thi~ St--:urity <br />b~$4u.tnent; hoWe"f'Cf, Borrower shall not ~ -required to disduuge any such Ilen 'So long as- Borrower: (aj shaH agree in writing to the pi.)'ment of <br />tbe.,obtiiation ~ured [t)lli-U\::h lien in a manner acceptabLe to L-f;nder; (b) ~haU in good faith c,omest ~uch ben b}', or de(end against enfon::emenl <br />of ~.lien i.n,legai pn:>c<<dings wttich in tbe opinion of Lender opel'ate to pfevent the ciIJoH:-el1Wm of the lien or forfeiture uf the 'Properly or <br />a,l\y pan thereof; Of (,) shall s<<u.re: from the holder of 5u\:h ii<n an agr<<ment in a form ~tisfadory to Lender :mbo:rdinaling such lien to thi~ <br />s..:",ilv 11UI1Iltllent, <br />If ~r determine! that aU .n! AU>, pan ()f th< Property i, ~ubj~t to a Hen whh.:,h may attain a pnotifY .)VCl' lhis Security Instrument. Lt'ndef <br />~t ~'l~. ,8Qrrow-t':t a flC{4x: u.kntifyi.ng sU1;h l~n, lk)('rQwtr $~Jl &4ti~fy :;:-Udi hen \:If l.ak~ one Qr mQre of the .a.::uons set forth abo'lfc within ten <br />da)ls Q( 'lleilh'~of lll<'~, <br /> <br />~ <br /> <br />C, Noncf. <br />l!fti:((l(M (:.o".e-~ !4 i)f' ~~ 5et~.dt)' J.n~ilumt'nt IS- am<<tded W fe-ad ~b foUow.s: <br /> <br />14--j. ~,~. fU1',ilJlY nvtklt. rCQutte<1-undct appjkoibk-law to: be g,h"C'J1 ift ailoOl~! tnaru:lef. (i) an)' nQtiet' ~o Uort(l-w~r proliidcd 1m in {hi.!. <br />~\U"j,lY huu-~lj,hii!l bt .aJ'v-mhy Qd.h.'Ui>>.li h {~' try',.mailini. it by fir~t ~laM "~i to Borw'#t"(1' at the f~topcny-l\JJt<~~ Pi' -ilt ~u(.h (.1thtr t1JOft:~,~ <br />a; DorrQWCT.mal.~' hi' fu)l.h..~ H1 ~.'.af rnJliklt:d herein, iUl'd {t>)'any flOiicc:' to LtJldtr -'lb,alJ t~ 1011'''-'1;0 tl}r' r"if~ da>.>; ttubi to L~nJc!'.~ <br />~~cd~<<iaN.nr~bt)t:M':f~~ t.end<<ttUly_i~tf'b)o'I\Oth,~ t{.'1 fK)rf(H1<e;r a.~ rn.'i....dNOO~'in }\ny nOth~e-pfo"\'idecl f{lf :ill Hu~ <br />~U-tl~)' JQ:$t!~~ $~ he,~' ii,):, ha~e b<<n $\~vcn to- fk.ltr\1-<A~J nt L.(,.pde~ wh-tu ,p:\....('.n In ~ht: l1.10lliJ",,' ..:it,.~itilIH~~ ht:rCHi <br />