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<br />r <br /> <br /> <br />THlSAI>JUSTAl'lLERATE1UPERiaDl8detbjs~th"ay"f ..... .. . ........, ...... <br />llIftl"ijje6i'j>Qtated.iJ\lo andslull! be di:ettiedt9amendai\d'.uP!>I_H!leM~"Dee<I."f'f~t.~t~'I~' <br />Inmumem"l()ft!lesamedategivCnhYtheundeTsigil6cl(the"'~"}..t()~Ui'e':B<Iffilwer"Mj~lfa",e::Ratf <br />SAVINGS '''LOAN. AS$OCIAT10NOFGRANI)'..rst:A~D.NE8RASAA: (tli~"I.:en;r""''1.' <br />and cOveringtbe ptOI>erty described in lilt Si:curityIns~n:llnent aM locatell al; <br /> <br /> <br />~?.. Weft 16to.?!,reet,. Grand <br /> <br />(~'Address) <br /> <br />The N.tnOll~ ~...m:!<ir~Ili,tJjf,bl~i~~'1~1tIe'~" . <br />1....-. tloeBorrowor'S IIUIlItfIIY PAymeoluwlllbtlllP<<;'lt t~llllCf\!lt~d <br />~._IIlY~UlwlUbe_;. '. <br /> <br /> <br />A. INTERESTRATEANDMONTHLYPAYMENTCHANGES <br />TheNote provides for an initial intemt rate or ]].5 .,., Si:ction 4 oftbeNote proVid,s.forchlinges;jjj; <br />monthly payments. .. rotlows: <br /> <br />4, LNTERESTRAT5ANDMONTHLYPA17d5l',TCHANGES <br />(A) . Cllulf: Dates <br />ThE in~ ~ -! ~i!l~y- ~y cl~ on the: ---.l.s_L--~~ Cay of <br />on that day of IllttnOllth every 12 mon~1a then:afttr. f.iIdl date on " ",11 my iniere:ltmte COUld C\Ilitll!Io. <br /> <br />(11) The IJIdex <br />llegirmingwith tbe.flIJl Change Date. my inten:st flue wiU be hued on an "Index," The Index is theweeldl'a~:)'ickt'(j <br />Treasury _urities adjusted to a constant maturity of .....1l!le--.._ yeus. as made available by the FederaHt~.~iC~( <br />=~Indexfl&ureavailable..of4Sda)'ibeforeeadtChangeDateiscaUedthe"C"rr~uIttde>t.". . .' . '.. ,'. ". ,............::;..<:....:... <br />if tbe Index is no looser available. tilt Note Holder wiU choooe a n... index which is hued upon comparable ittfortnation,:1'h':NOteJ:l:~": : <br />wiU give me notice of its choice_ <br /> <br />(0 CalaallItioII of Cllu&n <br />!lefo", each Cl1angc Date, the Note Holder wiU eakulate my new in..,re:il ra~e by adding two a no (me-ha If c ~Ialll>~';< <br />(_.-..1L~~_ "'jlO tn.. Current Index, alId roundiDll tothe _..t lIS.., l1tuum will be my n... intemlrate..TIte tnininlUlllin_#.,;; <br />or. tlWloan will bc:nolessthan~_~__"" Themuimum in_ rate 0" thli <<>-nwiU Ilt no morelhan . 1 li... .... .'. ..Wi.; <br />The Note Holder will then determine the amount of the monthly payment l!tat I'Ould be suffident to _in fun t!leprinclpa11 ;anl;.... <br />expeete<! to owe on the Cltange Date in substantially equal payment< l>y tn.. maturity d.tc at my new intcr1'$t rate, The ,..ult of this'caIi:ula1iOil: <br />will be the new amount of my monthly payment. <br /> <br /> <br />(D) Efffdlw Date or Cbqa <br />My new lBler~1 Talc Will bel;:otnc effective on ocll Change Dale. i wlil pay the- anlOunl -or my new- monthly payment bcaumina on:Ule--firSt <br />mon:thly pt:l)'Illtmt dale after the: Ch.anae Date until the- amount of my mo.."lthly paymeet changes- apin, <br /> <br />un Notice of Cbqa <br />The Nore Holder will mail or debver to me a oot..., boro", each ChiUllle Date, The ootice will advi.., me of: <br />(i) tilt new .ntercR talc on my loan... af Ihe Change Date; <br />(n) tn.. amount of my monthly payment following tn.. Change \late; <br />(ni) any additional man.... whicll the Note Holder is required to discl_: and <br />(iv) tll<: litle atld te!ephom: numlltr or a person who will a""wee any Queo'ian I may bave regarding the notice, <br /> <br />B. C~,UENS <br /> <br />L-ltUform- Covefwn 4 of ~he Security )MtrU~t i~ a..'1)('.rn:!ed to read ti follows: <br /> <br />... CboIqoo; 1..., Bor:rower ,hall pay all tucs, ........,.n... and other cbarges, llltCli and impasitions attributable to the Property whicb may <br />attain a priority ""er this Security InwUJnftlt. and leasehold payments of ground rents, jr any. in the manner provided under paraaraph 2 h""cof <br />or, if not paid in such manner. by Borrower mUUtll payment. when due, directly to the payee thereof. Borrower shall promptly furnish to <br />I..nckr all nOlioes of amounts due under this ~\IlfJll\faph. and in the evenl Borrower shall make payment directly. Borrower shall promptly <br />fumish to l.endcr ..........pr. evidencing such payment.. Borrower shall promptly discharge any lieo whitb h.. priority over this Security <br />l~t; however _ Bo-rr-owu shall not be required to discharge any SLH::h he::n so io'A3 as Borrower; (a) shall agree-in writing 10 the payment of <br />the obUptiop tcaUcd b)' such lieu in a tna.IU\ef aC<<ptable to- Lf'ooer; (b) ,shall in gG\.ld faith ~t)Otesl sud1lien by. or dc:iend against. enforcement. <br />of sudllicG in. . prO<:Oedinp whicb in tbe opinJon o( Lender operate to prevent tbe enrorcement of tbe lien Of Iorfcilure of the 'PrOperlY Of <br />ay:~ dJec:or1f~ Of (C) Wall secure from tbe holder of ~ucb lien an agreement in a form ;atisfat:lOf)' to Lender subordinating such. lien to this <br />Sect.rity lnot~. <br />If.1~ doi<!nnit>o< tll&l all Of ...ypart of the Property" .ubjc<:t to a hen which may atll\in . priorilY over Ihis Security Instrument, Lender <br />,,*".el~ Bou'O~ .. ~ ideniityi,RJ $ouch b~+ Borrowc:S' shaH ~~isf>, sl.Jcn hm or Hike unc Of nlor~ oi the actlons set forth above within cen <br />~or the Ji....of the -....,. <br /> <br />L <br /> <br />C 1';(lm,:t;: <br />1JtIifol1ll C""_tI4 of"", S<cwily IltSlfument i. lUllCmled to r<all as follow" <br /> <br />u.. N..... ,~.to.r all)' ft(){U;c n:qQi.rcd- undt.T appl~bl(: la-w tQ Qe Iwen jJ) an,")tM{ Ul,lUUltl, ta) ally noll("-( to B();fH)IA:e;I ~W(),,"Jw (ot dllhts <br />Sec;,.,nI1_fnalf\l~~_l ~ be- liven by dftlVt#m,. it Of b)' mailin& it by fiut. ~ m&i w Bot"fo,^<a at lht' PrOfXrty Addres~ (It at .s.u,;h other addH."~ <br />~ -ht~ nay ~~ ~ ~ &4.,) t<<~ -lU pt"u'J'j.-d<<i befd-fi.. -lfud (b) an)' ~10{k.JC' to Lr-nokt- ",hatt bt. gi\'en try fint dili!. nwl h1 Lemia',~ <br />~ ;-t-aitd bortm (If to fUdl ~'-tnw- .a.44ttii 1M tenderf" Bt.a)- d8itna-t~ oy n(.,u\:,(: [D Bonv""'er Ai pH:..)'lridtd hne\n _All)' {HJt!","i' p-H,)\(iJed 101 Hi !h~.'5 <br />~U:f {~of~ .u be ~ tu n..;\'-( ~ .~_~~ VJ Borro_ct {)J Leuda- Vr_.berJ jtl,;'~rl.in lJl(' ~lUi.UJ~ ..1e.1illtt1U~Cd ~Ct-t~itt <br />