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<br />84 ......-! '0:04195
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<br />0908586-9
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<br />CAP ASSUMl'TIONRIDER I
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<br />THIS ItIDD ia =ad. th1s 9 th day of,: J\.ug~J>-t~- ),:l;llfi:,::'. ~_'-:~
<br />Incorpo1:ated into aud shall be de_d. to amend alld s\l.})l'leuH!utth~
<br />Trust or Mort.... (the "Secudty lunrulllent")ot'tfiel!~dategl;;~o;
<br />und;e1:tiiped(the "BorrOwet''') to 8eeureBorro",er~ a Note,to>>.., .>".
<br />'foller1':inancial.lnc. tdU!l"L~riti!~~):'()!..;;. ........
<br />sa_dste (the "lfote-) and cover1n& the })ro}>ert' descrihe"in.tlie.Se~t~:,:
<br />Inet~nt.Dd loea~ed at:
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<br />2302 Gateway Ave, Grand Island, Nebraska6$SOl
<br />(~ropertyAddre8.)
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<br />In eonnect1~n" with the Non end.' Secudty.' Iitst~ntex:e.e~~.d'b1-/~~~f;>"
<br />underaigDed Borrower and of even date here"'ith, BorroWeral1d1.endell"l\ere;~
<br />agree to thefolloving additional prov1s10tUl:
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<br />The following paragraph 25 ia hereby adopted:
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<br />U. Trauter of Property; Aaa.....ptioll. Notwithatanding the.'pio..,te O~.'i;,;
<br />parasn})h 17 hereof, Lauder shall waive it. option to &.Ccce1.rii. ir'
<br />paragraph 11 if (1) pdor to such ..Ie or tranafer Borrq,rer not;f.f;~.,~ . . ..,#t
<br />the pro~ed tr....acHon and nee that Lender io' ,liven anylQf()~t:l.~<it'~".
<br />reque.t in_ order to evaluate_ tbe PfirsOIl ~ vbQ~ tb._ _p~op.rty_:'-~a~--~!~;_~;:~~~~):f!!:-:
<br />transferred, (2) LaDder detenaiuea, in Us 80ledisCcretion, tll.tas~UIa~t.it;ln;J:)f
<br />the loan by the propoaecl purchaser or tutUlferree will. _et >s.t~tl~~(;ot'
<br />credUvo<<hineu and security whiCh. are acceptable to it, lIhi:ehe~a~il~,
<br />shall, i...ofar .. _y be practical, he the sallIS underwriting stao.dardecllsar.e
<br />then applied by Lender in connection with _king a new 10an,(3) the per.on.to.
<br />whoa the property 18 to be sold or transfernd executes a Writtenau!,llllption
<br />esr....nt accepted in writing by Lender, agrees to pay sn 88SUIII})tionfee:,tiltleh
<br />shall be equal to the origination, di.count and other feaa, chergH and,
<br />proeeaaina costa then beilll charged by Lender on sWlar new loallll Land a8r...
<br />to an incre..e in any applicable 1IlaXi_ intere.t rates a.a pro>;tided,belov.. and
<br />(4) no other defeulta exist under the need of Trust or the Note secured,
<br />hereby.
<br />
<br />If this loan pat'lai ts conversion to a fixed intueet rate andpa~nt,
<br />th_ thia rider ahall only apply to a aale or trensfer eona~ted' prior to
<br />such collversion. Upon election of Borrower to convert to a fixed rate.endlor
<br />pa,.ent, this rider ahall tendnate and shall have no force and .ffeeton,l1ny
<br />8&1. 0.1: tn,_fer cons_ted thereafter. If thh loaD pr,ovi4es for any
<br />..xi8Ua intereat rate, either with respect to the intereat rate eharaedor th.
<br />interest rate oa vhlel: celt pa)'llllGt _Uiit.. are eOlliputed fr_ ti.... to tiM,
<br />then .uc:h -n.... rat.a will be increased one percent. consecutively, for each
<br />...-pdon pura_ to tM. paralraph 2S. Any such increa.e will be effeetlve
<br />- the Urn chaoae date following Lender-soffer to approve the as.UI!I1ltlon if
<br />auc:h tr...action ia thereafter con.umaated.
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<br />Dated: Au>,use
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<br />9 , 19i~1.
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<br />v Cb (,.,V"'''4'>'C
<br />(Borrower)
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<br />"idrj.;_ :;~ jl.nrnett
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<br />t:X::,t.': (t~.:1:+-
<br />(Borrower)
<br />
<br />:^l::'borah S. narn~t:l
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<br />STAftoP lmIaASU.'.1I1' I 1
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<br />County, aa:
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<br />1be for~iaa iuatruaent vas acknowledged before me this ~day of
<br />Al)I\I~t ,l~,by _~1,nrk. I' Harnett ~ind Dehorn\) ). Harnott,
<br />hU5Dand, a~d ~lfe
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<br />WJ~. ., bead aDd official a.al.
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<br />~ ~..Loa apirea:
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<br />a{(<..~1..), (1.1 /
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<br />
<br />DENISE K" Y lOW~Y
<br />GtNEIlAl NOTARY S.....w...'
<br />"'y c~_ h~l. A~_ 1$. 1987
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<br />TIle-on (qc)
<br />M'" Va4
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