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<br /> = � ADJUSTA►BLE RATE RID�it 92'~i U0�1�
<br /> '' (1 YMtTrwuryl�dat•flwGp)
<br /> � • THIS ADJUSfABL�RA7'E itIOBR b m�d�this _.1?TH �,y o� JANUaRY �y 92 �
<br /> +md 4 iqaorporued Into ud�A�U b dan'�ed to amead �ad wpplaaent tba MortW�. Deed d TnW.ar Socu�lty�od(thr•�Sec.ydty
<br /> Ipqtvmlmt")of the wna d�te{fven by the undenip�ed ltde'•BoROra")co kcure BonaMa'�As�juwhM Rue Nae(tbe••Nott•')to li OMd
<br /> — asnssL �•,�u�:s�e���aseeuTlON OR aRAMD IfLAND N��l�•��••)ot IYt�pps dw�ed oore�i�W
<br /> �.,.�,���°�• Ixop�t9daKrfbd l01Ae Secu�ity IaprusnnR ard louud�l:
<br />:.�.�,..,.m:��.�a:.- 1410 NEWCASTLE ROAD� GRANO ISLA(�, NE 68801
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<br />_ ,0°,' �•�°-��,; '11b wM awtalr N��Nia� �ir! Iw eM�w N h hlwwt nM�M rf �f
<br /> �`�–W--,..� Mywsu.71b nNe aYo Nirl1�IM�wN�1�y lnen�t ni�eM eM�at1W aM tMN�M
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<br /> �i0�`°;:��`.,.`.i�'. ADDITIONAL COVENANTS. I�additbu to the Coven�Ns aud�roaneats m+�de lu We Sxu�it!'la�tnuaau+BoRO�ra ud IsndR
<br /> ----�����.^,�:^i' , nWaa�wYawu.naw«atrouo«i: _
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<br /> -�`<`: 4�._'_ . A. INTERF�T RATE AND MOM'H4Y PAYMBNT CHANGFF�
<br /> --- .,�:..:.. �: ., NTERF _
<br /> �, J -- 'Rie Notc providn fa an ialtial i�W ru�ot 8•Q 4Y.SocUoa 4 of tbe Note provida f�x ch�n�a in th�intaat nua ud thr
<br /> •�,.�.,�,,.T�.�°_.. montlil .�sfdlowc:
<br /> ,,`�;`:,�o Y P�Y�
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<br /> -��'�`.�:�¢i.. {, /N7ERF.ST RATE AND MONTH6Y PAYM6IVT CHANO£S
<br /> .`�,`;��ti� (�) ��� ma cha e on the fint da of FEBRUARY ,19 93 .ud on Uut d�9�+1'
<br /> '. �a�:�,,,�._ , The intem[rale 1 wiU paY Y �Y Y
<br />__q�'�`�'.i r�` 12 montlu theraiter.F�ch date on whkh my fnterat rale cauld clunte i�allod a'•Chan�e Dale.••
<br /> '.'�; . � (P) 7Le Uda
<br /> _�', ;k;i ;;n��� Besinnin�with Ihe fint Changc Dau,my in�erest tue wiU be besed on an Index.The'•Inde�c•'b the weekly avero�e yield oa United Stata
<br /> �',.+� Tra�ury sav�iUes adjusted to a constant maturity of 1 yeu.t�s made available by the Fedad Ruave Board.Tirc mat raent lodet fi�utc
<br /> -- °`�f+��r�•� availabk�s ot thc date 4S days bePare each Change Date is called lhc"Cunmt lndex." _
<br /> �� �'�'�'�'' It the Indai is no lonaer avallpble,the Note Holder wiU choae a new'inde�which is bued upon comparable intorm�tioo. 71�e IVote _
<br /> _.i�'�� , � a Holda wW�ive me�otioe of�his chala.
<br /> ", �!•:�;�''`a�.�� (� calnbtloo orpa�es TUq ANQ ONE HALF
<br /> ,; '��°=;.,;i,'�;,,_3 geforg�CMnae pate.the Note Holder wiU calculate my new interut rate by addina P�+�W�
<br /> -•'s��� ._:�.-.'`�.•' � L•�' �)to the Currmt Indac and�ounding to tl�e neual VYth of 1�7Y,wbjcel to tAo Umfa stated W Aectwu 4lD)beiar.
<br />_�,- 1;�.Y, pointa L.
<br />= �. ,,:a• This�oundad amount will be my new interat rate untll the nact Clianpe Date. _
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<br /> "• '� • The Note Holder will then determine the amount of tha monthly payment that would be sufficicnt to rcpay i�full the principal I un =
<br /> ..' J.r;'�'Y°. �'�� � . apected to owe on tluit Chanae Dsu in substanUs►IIY equal paymenta by the maturity d�te at my new interat rats.The rault of thG cakulallon '
<br />_":�J =;,; .+ ' =-�� ' wfU be the new amouat oi my monehlY payment.
<br /> ,�_�, - .- 5�;,� �' ��,,, ID1 LJribwiwte�a�R�kQ��{a ,
<br />;r'.. '�•""�`�!'�n4r'� �• Thg iptcrat n�e 1 am rcquired lo pay at the lint ChnnQe Dalc will not be Qrcatet than Q.� �h or las tAra
<br />_=: x .'.'".' 4 �� �h.Thcreafter,my Incerest rate will ncver bc increased or dccrtased on any sinyle Change Date by morc than T��m
<br /> :,'•'' ..+""�': from the tate of interat 1 pave been paying tor the prettding twelve months.The minimum intercat rcue oo thi�loan wiU naver be
<br /> _'�•.'. ^ 4.Q Mi and the maximum interce�rata w1U never bc area�er than 11.❑ R�.
<br /> . . . . •. lea than
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<br />-- � v:a',�,., _ . (E� F1tecUv�I�k of CY�oga �
<br /> "���'+' `y"'� � My new interat rate wfll become e/fecNve on ach Ctunge Date.l will pay thc rmount oi my new monthly peyment besinni�on the finl
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<br /> �, �� „ ,. ; ' .,'� u�onthly psymmt date after the Chan4e Date unUl tbe�mount of my monthly paymcnt chan�es aQafn.
<br />=r• -Y;�r ,c' • •' :�%�; lF) Notloe otCY�a
<br /> �y:,' ''k��•;;' The Note Holder will mail or deliver to me a nmive before each ChanQe Date.The notia wNl advise me oi:
<br /> `~�"'.- ''�i,q•�<<,�r�';•,i" (i) the new interat r�te on my loan r�a of the Change Date;
<br /> �`ir.�,.,:*3i
<br />- '����NF�• - (ii) the anount of my monthly payment foUowina the Chanae Date;
<br /> '�.�* . , "' � (iii) any addltfonal maltcrs which tht Note Hdder ia required to disclose;and
<br />_- •. .f=^ - ' (iv) the addrc�oi the�uoci�Non you could contact reQardinY anY 9uea�bna ebout the id ju�tment notiae.
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<br /> � • e. cH�ecFS:u�ns
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<br /> � UniParm Covenant 4of the Security Instrumen�is nmended�o read ps follows:
<br /> � 4. Clur�es:Lko•Bortowtr ahal)pay all taxa,assessments,and other charges,fines,and imposidons attributable lo Ihc Propcny which moy
<br /> attain n priority over this Security Instrwnent,ond leasehold pnymenls of ground rents,if any,in the manner provided under paraaraph 2 hercof
<br /> � or,if not paid in such manner,by Borrower moking payment,when due,directly to thc puya thereof.Borrower�hall pranptly fumish Lender
<br /> '���t'r•.
<br /> � all notices of amounts due under thix paraQraph,and in the event Hurrowcr shali make paymm�directly,Bottower shall promptly furnish to
<br /> �:%.`;• l.ender receipts evidencing such p�yments. Borcower shall promptly discharQe any lien which has prfority over thic Security Instrument;
<br /> �'"�'� ' howeveG Borrower shall nu�be rcquired to dischargt any�uch lirn�a long ps Borrowcr:la) ehall agree in writ{ng to the payment of�he
<br /> ' i:'..; :`, ._
<br /> �1` ^"� oblfaatlon secured by such licn in the manner accepwble l0 4mder.(b)shdl fn good inith mmat such lien by,or deknd ogainst enforcement of
<br /> � ' ' such lien{n,lejal proceedings whirh in the opini�m of Lender opera�c to prevent the enforcement o(the lien or forfeimre of the Property or any
<br /> ; part thtreof;or(c)shall secure f'rom the holder of such lien an agrament in�form satlsiactory to Lender subordfnatin4 such lien to thic
<br /> �1' ��:i Security Inslrument.
<br /> �` '`'' . If tender determfnes Ihat all or any per�..f�he Property is subject to a Ikn which may aeufn a priority over�hia Security Instr�ment,
<br /> � Lender shall givt Burrower a no�ice idemifying such lien.Burrower shall sutisfy such lien or take one or more of�he octions sei fonh a�oce
<br /> • wilhin ten days of tAe QivinQ ot Ihe noti�ro. ,
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<br /> . , C. NOTICE
<br /> , � Uniform Covenant 11 of the Securi�y t ns�rument is amendeJ lo read as fnllows:
<br /> 11. Notice.Excep�for any notice requircd under applicable low ro be gwen fn another manner,(a)�ny noti�e to Burrow�er provided for in ihis
<br /> " • • " Securi�y Instrument shall be gi�en by dellvering it or by malling it by first class mail to Borrower at�Ae Property Addras or ot su.h other addreu
<br /> as Bortowtr moy daignu�e by notice to Lender as provided herein,ond 1b)any noti.Y to Lendcr ehall bc given by first rlas�mail to Lender's
<br /> addrcss swted herefn or to su.h othcr�ddress as Lendcr may designate by noti�Y�o Borrow•er u provided herem.Any n��t�re provid.d for in�his
<br /> Security lestrumem shall be damrd to luve been gicen to Borrow•er or Lender when plven in 1he monner des�gnated herein.
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