|
<br />ADJLT~Trti~3~,E RATE ~,t~t~?tiI Fiil)ER82~Q1S'72
<br />r'`tyncr:: ens: sr.t'utilr~' l~~rttt.ru~v hsF~cuEtrti >` vt~rr;ivltlc~tl ct~,ti°r~t~s
<br />A i'KO`.'lS1C)ti S1:LOR'!NG }'t)i: (IIANGkti IN lllt~: L'~'IFaZF;Si RA"T P;. IN-
<br />CRE.~StS fti TliE 1.'vhEHE1T RATh~ WILL KF:51'l,h fN 12lGIl1{R PAYMF~!d'IS.
<br />UECRIiASt:5 IN l Elh; ltil'F:KFS'1~ ktATh: W11_i. Ri~al'L(~ liti LON'1{H PAk'hiEN'I'S.
<br />i:;s Hider is made this ..2$th .day v , npr~ 1, _ , _ , ;y,32 _ , ,,nd ~_; ir~corporatcd into and shall
<br />:;cr:ne,t to an,er.J lnd suppienunt ,he ~io;;Fs~,t, (acrd of Teus., csr fae: -~ ~ ~ $~-cure C;cUt (lhe "Securi[y lnsiru-
<br />ner,[");~f tt,e s.::ee Date given i;} u;e ~r,rleuie^cd (the"t3vrrOwcr"7tasr~.ut<~ 13t~:rowcr's Net, to , . I he FlT'St .
<br />Naticnal.Bank.of. Grand sland,..Grand,.IS~dnd:.Nebraska,.,,.
<br />tt, [cr.~e ') u; the same :, tc ;the "htQte")and covering thrPmpery-ctc:,euhcu its the Sctli-ity Instrument and
<br />~. t_d.:t 21.f4 ~1es~. Koenig,..Grand_Isla.nd,.~ebraska......:
<br />Trtr(lrrfr:Ao:drras ... .......... ............
<br />AtuJific~tions. In atltlition to"tlte c~tverants and agtrrrncnts ma,:c in the Security !nstrumcnt, IInrrr~wer and
<br />LeuJer ;ur,her r~~rnant anti ;+grcr ss f;~fEows:
<br />~, INTt:Itt:aS' KRT'k: ANi) AtON1'1lLY i'Al`ME3~iT CHAN{;F~-'
<br />The Nu.c has an "ini[sl Interest Katr" of .) ~, Q"'a: 7'hr l~x~te interest rate Wray be increased or decreased on the
<br />1~talay ~f etrr mozuh {rrgmnzztg <in March, 1').sb .and on that day of the month every
<br />~.~;uun!t,s;hcreattcz.
<br />c !,anKcs .nth: zntrxrst rhte are gu~rrned by ihaztrrs in art intcre st rntcindz:x caftrd the "Ineiex". The Index is the:
<br />.r,. ..r , .u ~.,~r,~,au In dex.l
<br />r!) 'Contz„u Intexrst ku€e, 1'urchasr of i'rcvionsly (kcutaicd Iit~meS, Nauaaal Averasc far all Major
<br />!a~~~ r+f 1_rnSrts" pu6.ist:c(11+3 thrI-rstrrafliatt[c Loan Clank=l3ilaxd.
<br />t't x:• U. 5. ,T.reaSu;^y .$eGuri,~es-3,:year .:..
<br />nn ...~r . va r., r~J,~ u:r +nrrnrrlnrrr .s unr nrwan:um (xn r. on i hunges =n the+~trrr a:: urr e n r+>~h is hc*ngr llntr:(f no Gox is cheektd rAert will
<br />, t} .., I'.icrr n r,o m:raz3nuzn !in:zt on cl:s:zgcs in the int~rest 'ate at any Change llatc.
<br />~., x. ; 9,r ,ntz:rst r,tc .rnr ~t be changrcl by nrrua than: $ ~ . ;acrccntagr palms at.any ChangrUatc.
<br />t t the n:crrot ra;r a•.u:g ,, . ~ :u~rttunt oGiir7rrower'~ monthly plynu•rtts will rhaztgc as provided in the Notc. In-
<br />s,ci in +hr ,::tcrcu rate ,.~ , rs,:;! ,n n,yltri )sarmertts. lycrrrasr~ to is+r irztcrcu rate will result to lower payments.
<br />IL t.t),11 t IIARGFa
<br />u ,,:+.~:: !~r Chet Ctrs ?Wan ,r. ;,'r+: by the 5rCurut~ lit,[ruurentxs suhtr~.~E io a brut whichaeis~tnaximutn lost; charges
<br />~:f ~r..at ',w ~, .„tert,reicd a~! h z ;:,_ ;u;c;r,t :,: r,~ ~,,ri hian etfargc'w crillr, ~.r,l ar tdbc collected in coiat~ecuon with rite
<br />»a,-~1J rye-.;d ,x t,t•r„d .,.:>~; I• •'.,. ,t ;iu ~ ,. ;I:cn: try) airy ur ., '~,a.,n ehaige shall brreductdby the amount
<br />~,,,,,r t•~ rcd+,.c . rr c:,arg: ; ; ;h• ;,cr~n tteJ l~ nit" an~3 (li).~ny a[tzt, ~~~.rdy~UllttitrJ frtttt) 130r7owcr:which racxEd•
<br />ir:n,ttcd bouts »il! Sc rclunJ:"z5 ; , Snrower : ;ndtr i,.sy liustasei<+ rzzakr IhiS tcfLnd by reducing fh¢principal
<br />rd ,:ndcr '-!u N,„r or by r,;.r~~ rg a ...,~~; p.nm: ~., llcr;rcrwrr.
<br />li L~¢adcs drtrrru:~zcs ~2~ ; .,I! ~.,~ .u r} I:an .rl .hr ,crab unurd ,,: tl"iii ticeunt,v lnstfumettt atrsub}ccrdc a lien
<br />..r .'i ir,te ;•; ,,.n it>, MCt ~hn Sims l~~ :+t,truntrnt. I rnuc, may tiCndlt.rr rrrwtr :rttCSSiz-e ,denti t!~yitTg t}tht::~irn. QOr."Overt
<br />i fan+int~,i} ri: ih ck~•d ia, -Sal lirr:.:~ t~,u~•,!c.J u~, para~ra;,h ~: the Sc•cuttl) ~nstrurnen[ Of-Shpil~~T42P.ptly
<br />a.vtr .ers .,grrcuut t ~+:., 'ratn~ --3u [n"!ury r~, t e:,r4cr ~.,ibor~fiirai,,,g tl"...i ,ern te: rhii Sr~urity ir,strumrnt.
<br />fl. 1H!-1~FF.It f)F'1llt: 1'Httl'I Hll'
<br />!t ~.lirrr n a +r;,:uirr ,tit I'tn;x•n, vul>)rsl +r ;,tte~raPh I i h • >;r"ui'IYd[)'.Ir'Gmrnt, Lender mayJt7quirc (Ij
<br />~cr oa;7t'.,~r n, 1t;C ruler'!,! ~~O,c ,~c't c5t fdtC. (+t t_) ll^ int r['a1<In (pr rr n;ns:;, ,rl~i tltril [itll C~(7 it}[ ~ltr'lOU7etAful;y one iR-
<br />~.irai •a•: iha:rge hi ;here r, a :.an:; ,, s,t ;3) a :fia:;gr ~n the Hass Index lr3ure, yr ul1'bf these, a5 aCOrtiliLiOn 03~ Lender's
<br />~.++~aig t:.r i:r~,7iiln t0 accrkls;a: ,,•.,"ded :.1 l,.u g rapt! 17
<br />ify ~-,gnm~ Ches. 1iur30>`ct .,~,rdo (a~ all ir: the at;tauc n
<br />.. _ ....`csr~lz
<br />RalN
<br />~13onoaa
<br />' r -~'~," r~a-.~ r, .,r<~,W,-, .: (Seal)
<br />`Carol ~. Naitariack"""";...
<br />.~-t)9rTOMet
<br />- ......., .. .... , ,., s ., ~ . ~ .. •d..w ; , .,,-+t ix,. , ....r Qrr.,.. , ~n, ..~+r , r ....-r«rnx, ,n, prramnes nartrrd xu npptr.:'
<br />~EIJUSTA$1E R~,TEi4ANR6aFR-r,z: ew~e.,w.asa~hs_at~txt
<br />
|