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201000092
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201000092
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Last modified
1/6/2010 4:00:34 PM
Creation date
1/6/2010 3:49:18 PM
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DEEDS
Inst Number
201000092
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201000092 ~00 <br />ADJUSTABLE RATE RIDER <br />THIS ADJUSTABLE RATE RIDER is made this 14th day of October , <br />2009 ,and is incorporated into and shall be deemed to amend and supplement <br />the Mortgage, Deed of Trust or Security Deed (the "Security Instrument") of the same date given by the <br />undersigned (the "Borrower") to secure Borrower's Adjustable Rate Note (the "Note") to <br />Home Federal Savings and Loan Association of Grand Island <br />(the "Lender") of the same date and covering the Property described in the Security Instrument and located <br />at:704 E 14th St <br />Grand Island, NE 68801 <br />[Property Addressl <br />THIS NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN MY <br />INTEREST RATE AND MY MONTHLY PAYMENT. INCREASES IN THE <br />INTEREST RATE WILL RESULT IN HIGHER PAYMENTS. DECREASES IN THE <br />INTEREST RATE WILL RESULT IN LOWER PAYMENTS. <br />ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the Security <br />Instrument, Borrower and bender further covenant and agree as follows: <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />The Note provides for an initial interest rate of 5.750 %. The Note provides for <br />changes in the interest rate and the monthly payments, as follows: <br />4. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />(A) Change Dates <br />The interest rate I will pay may change on the 1st day of November , <br />2012 ,and on that day every 12 month thereafter. Each date on which my interest rate <br />could change is called a "Change Date. " <br />MULTISTATE ADJUSTABLE RATE RIDER - 5ingls Family <br />899U (97051.01 7/97 <br />Page 1 of 4 Initials: <br />VMP MORTGAGE FORMS - (8001521-7291 <br /> <br />
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