84005222 - Laserfiche WebLink

Browse

ADWsTAItLERA1'ERWER. .'84--005222 nnsADJtl$TABLER'Al$RlOOR:ismlldUhis lstdayOf.. .' . October> .. ..' .... ...... .' .; 1984, 1\t!itu'!ttto;~~ itlt(Jantfsllallb,"deell\eIlt.oametKtand~~the Mortpge;Deedof'l'l'uSt.or Deed'tosecui'tt oebt(t\\""~tY; ~1.OftMsamed&teamnby.the.~(th'e"BOJ:oWet")toSeCtll:t!llorto-!s Adj-bltcRateNote!li:H()MI!:"f~~>' fAVfJrIl$'to_:~T10N'OF GRAH&ISLANO. NEBAASKA (the "Lett~"r'16ftheSlt:itC~te'(t~"N~? .. lIIidooveriD$'theproperty desm1ledintheSecurity lllStrulDmrt and locaIeIl at: 2407 Engleman Road ,Grand Is l.ana/Nt: $8801 (PropeltyAddrt;sS) 1k Nott eoatllkls .....w- .wlq for clIuIM III llIeiRten!ttratedf tJw IDtemtrate.. 11ltJlUCll, 1M ~s '-wy. paymats: wlIlbe......1f IMlIIteleItndedeCft_rttte ~'$_tIlIy~wtIlbetower. AODltlONAL COVENANTS. In addition 10 the co"enantand agreentents mad., in Ihe SecuiityJnllttUltl.eIIt/BOrrowetliiict 'tCiJdei.. fun~covellant and ",wee as folio....: A. INTEIIESTRATEAND MONTHLY FA YMEl'o'T CBANGIlS The Note provIdesc formlinitial interest rate of 12.0.,., Section 4 of the Note provides for clllmgescln tbtinterist~:~4liiJ'F montbIypayments.asfollo....' . . '. -, . 4; INTEREST RA TEAND MONTHLY PA YMENTCHA1VOES (A) OlaJI&eo.tes , . .... .....' Theinterestratelwillpaymay~onthe 1ST. day of November .' ...... . .... .. ..1geS.~~:-' ~~_rla~ f:;-!!~ ~l1-E'.,..~Y__~_ rr!":l!;*!-~t~~"tcr~ ~h ~eoov;-ilie.~ mYiu~es1 fa!e;;rr~dcll=n~-i#~~:c-~-$~c~~- OJ) ne..... ' '.' . "'. .....,., Besinnln& with the f'1f$I Cbanae Date. my interest rate will he btmd '" '1.....1u... The ;"is theweeklt( averapyiddoaO_~'~ ,.' TrWUl'}' securities adj_eIl ~o a coostallt maturity of Llna years, as made available by the Federal R~Board;<TlIe'll1C!It recent IndexfllW'" availabkasof 4~ days beforeeacl1 CJtanae Date is eaIIcd the "Cunentlndelt," If the Index is no looser available, the Note Holder will choose a new index which is based upon comparable lnformatioa/rllllNote'HbIcIet: will give me notice of its choice. (e) (' .nllli.. of 0IatllP Befotuacb CJtanae Date. the Note Holder willcak:u1ate my new intercsl ralC by adding two and ona-ha 1 f . per:cllft~"_ ( . 2.5 ")totheCu..ml~l~androWJdin&tOthe_t liS", TheS\tIIl wiUbe my mw interest rate. Tltc~lnten=st_ ' 011 tltislOllA will be no less IIwt . ~ '!'t. TheltlUimtuninteRstrllteOD this loan wiUbe 110 more tItan~~' . .!IlI!, The Note HoIdu will tlIen determine the _t of the IJIOIIthI)' ~t lhat woukl be sufflCientto ~ lntull1llll ~,hlll.:, -,eel ~o owe on the Clwl&e Date in ...bswItia1Iy equal paY1JlC"ts by lhe maturity date almy new interest. rate. The reslIltofthis~-- will be the new am,ounl of my monthly payment. (0) ~"'ofaua- My _interest rate will bo;omc: effective on each Chanae Date, I will i>&Y lhe amounl of my new JlIOnthlv Dllyment bealnJtlna pi) the first IJlOIIlhIy payment date lift. the CIwl&e Date untillhe amount of my monthly payment cbl\D&llS qain. tEl NoIlce of a..c- The Note Holder will mail Of deliver 10 Ole a notice before eacl1 Ch&Q&e Date. The noti<< will advise OJeo[; (i) the new in_ rale on my loan as of the CIlanae Dale; (Ii) the amount of my monthly pa..,~: fo!L.-vrd'll the: ~ Date; (Iii) lUIy additional mailers which the Note Holder is ,.quirod 10 disclose; aDd (iv) !Ile title and telopboine nltllllxo' of a person who wilIlDSwer any quation I may have reprdlng!be notice. l .. ~UENS UIIiform CovawIt 4 of the Securily 1nstrwnaIt issmeadcl1 to tead as follows; 4.. ~..... 8Qrrowcr sbaU pay a11lllUS. _. and other charges. fines and impositiolls attributable to !be Property which may attUt.apriorily lner tltisSecuriiy InstrUllletlt. andlc:uel>okl paymeatSo[ Jl'ound tents. ifany. in the manner provided underparl&Tllllb 2. hereof or, if IlOt pai4 in SV<:h __. by Ilon'owu mWoa ~. what due. direclly to !be payee tbeteo[, Borrower sbaII promptly fIIrniIlt to l.ela4Ilfall noIices of llIDOUIIts <Iloe lIIIdIlr this parlIIJ'llpb, and in lhe even! 8Qrrower sbaII tnake paymem directly. Borrowersball proIIlJItIy ~ to ~ """'""'" ~ such paylDCIlU, Borrower sbaII prompdy ditdIarte any lien which hu priority 0_ Ibis Seeuril)' ~ ~. Borrower sballlIOt be requital. todisch&raelUlY such lien SO long as Ilon'owc:r; (a) sba118Jl't>C in writlna to the ~I of tllc ol!IIPdoD -.rod by such liea in a _ ~bk to l.en4er; (b) sbaII in &ood failb COIltesl such lien by. or defetKt qainst ClIf~t or:. u.in. IepI ~ wbiclI in lbe oplniou of Under operate 1.0 pte\'ent the enforcement of the lien or forfeilllre of the ~y or IIIJIIlIft t!leRof~ or (.:lsball_lrom lhe holder of such lien an qreemenl in a fonn satisfactory 10 Under subordinatina ouch IieIl to.tltis ~I~. II Lc:rIdcf ~ tllat all (lr MY pan of lhe Properly is subject 10 . lien whicb may .lIam a priority over Ihis Securily InsttUlllClU. I..endcr ~tM:8ot~ a t'llIticc idcDtif)'iAa sucb Ilea. Ilon'owcr shall SSlis[y such lien or lake one or more of tho a;;Uons sel forth above within ~en daft of _ ahillt of IIIe 1lOlice, e. .N011(S. UaPona~tl.m_~li~t.~wfQldtirol~.~ ... ~ ~ fOf lllIf Ilot:kc. re(pIiI'td Jlllllctlpllliablt law .to lw 11- in anotlxo' DW1l1er. (a) any 1tOti4'" 1.0 llotrower provided for in Uris llt\..wlI)'llll#llllH!tlt"'llcaMo b)I ~lt Of by malllaalt by flnI do_ -U to 8c:lmM<< al the Prnpc:rty Addrasor auucb o~her sddRu ".~'lMY~ by noIic!: to Lenolei:lilptOltlded lIerciB, IUId (b) my notice to L...-lJ\al1 be liven by first clUJ IMlllo l~.. ~~ ~ or to.tidtOlbllt ~ti Under _y ~ by ootke to Botro_ all ....(,.id<<t lm-oin, ,<Iony ooti<,.., proVIded (Of in tbis ~ ~ tW_~ lO~rtl:ootltJi_I<l.lIom>wef", l~ when $iV<I!l in the __ dai3!lllttd ll<n",,,,