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<br /> ` �D�13T���� �'I'� RI�E� _
<br /> _ (i H�a�c�susy padex-Rste�) 20027602 _ _
<br /> .. � TEIIS ADNSTASL�RA'f'E RIiDE���ade this 19TH day of MARCM �:
<br /> 1996 ,� y����.� i��f�g� ����� ta amead and supplement the Mortgage,Deed of `=
<br /> TcuaY or S�rity Deed<�e`��j 3s�at7 of th��d3te given by the un�dersi�rced(the"Borrower")to E:.
<br /> :��,� secure the Borrawer's A�;�le Rstatt Met�(the"Note")to .-
<br /> � Tha EauitaDle 6u41Ai�fl nr�A toan.Asooctsticn of 6rand lslan0, NoDrasRS� a FeQaral Sevings 8an4 =
<br /> (the"L.ender°)of aY�s�.aae d3i�at�cavering the property descrih$d in th¢Security Insuument tsu�larzmd at: ..,
<br /> 2629 0 FLki�Nl4f�ttitd ST CRAND ISL.Atd11., NE�RASKA 88�t93—f 32�° —
<br /> ` [�F�AC�sI
<br /> • Tl�� fl10� C�R�'AYNB PHO�it�t�lliS AlLOIMN6 S�� CHANtiES IN THE Li�i'�AEST
<br /> ' Rp,'['� L�iYD '!'�. NI�TQ47eikY �PAYNl�RlY. THE [�l6�'A� UiL'71YS Tii� �BM���IY YHE �'
<br /> ... B��'i�iER'S� fP.J.'�`�' R�7E CA11t Ctil191t�� l,AS ANY 0111� Tf�f �!V� Tf{'� _
<br /> � MAXtMUNi 3i1�c,iT''z'�!ti�.Bt3�RROMIEii RAtJSY faAY.
<br /> ';��;�� � ADD ' ���TAI.COVENAPi'1'&'�a addition w�he covenaats and�.�:s m�3e in the S�rity Insuument�
<br /> �`;°':�� • :.�.' Bnrrower�.$.ender furtfler covena�i and agree as follows:
<br />��. '� A-�NT�F�ST LtA1'8�"�MONI'�LY PE#YNI�NT C�ANGES �
<br /> � .� 4 Th�Nnte pravides for a��nida!lnterest rate af 6.880 9b.Ttie Note p�vides for chaages in
<br /> �i� . the int�rest rate and tbe monthlY Payr�ents,as follows: -
<br /> ..f .
<br /> •�• %" 4.IIUTEREST RATE AY�D 14ZO;VTHLY PAYNIENr GHANG�S
<br /> ' .<,
<br /> ,: ,
<br /> . � (A)Cbs►�e IDa4es � . —•
<br /> ��,'.�'-�. The lnte�esi rabe I will PaY�Y�4Be on ihs first day of APF@ I L . 2001� . .and on tbat -
<br /> h ��' � day every 12th month.d�.,L�r.E�a3'date on whicb my interest ra,�a�auld change is c�lled a°�fiange Daie." , .;;
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<br /> -;�;;�.,i,,-,r - , . . . .
<br /> ;'�+"'. � - � ,
<br /> °,• ; (B)Tig Indcx. � , -
<br /> ;:� . .
<br /> '=.-{ Begina�ng with t�a�c Ci�ng/�Date,my interest rate will ba based oa a:�nz�ex.The"1n�x"is the ivee�siy .
<br /> .. ..:.::,„
<br /> r� �� avaxage yie2d on Unite�Statss'IYe.�stary seansities adjusted to a constaat maturity of 1 year,as made aveitabte by
<br /> the Foderal Re,�zve Buard.TtQe most reoeut dndex figure available as of the date-4S days befare each Ci�tge Date _ • �
<br /> . IS CB�Cd thE RalllCIIt�V��1I.°
<br /> � ; If the Index is no.i:�ri�qaravailable.the ATote Hoider wIll chaa^sa a uew iodex��"hi�is ba5od upoa comp�bta
<br /> :rf,�;.� infotmation.Thm Note::pxder wiU give me nacice of this choioe. . �
<br /> ._ .'(��sa:;: ,.,.; . .
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<br /> ,,��<,i"�..'`. (1.'�Ci��an q)9.CI7�nBes
<br /> �.;; �.t' ;. �efore eacfii C�su�.�,u.tLe Note�older wlll catcWate my new inierest rat-by adding
<br /> -� "� ; � ,�p . ,::, percentage point(s)( ',�„t,� .� . 96)w the Clurau
<br /> ; :':.�•. ' . .�a:The Note.Holdsr'w'ill then round We resWt of ttris additioa�Y'�:z'�rest on�eighth oY one petoent�ge
<br /> ' s point(0.125�).Subject to the limits stated in Saxioa 4(D)below.:�is tonnded aaoaunt wlq be my aew intuest
<br /> rate�mH!the�xt CDange Daze.
<br /> , � � Tt�e.Noic Holder wi11 thea deteanine the amount of the mo�hty payment that would be suf�cieat to rep�y ths
<br /> . .;:i. . ' ;':;�npaid prIncipal tl3at I anu eapectob ta owe at the Change Date in fiil1,on the blcGdrity Date at my aew intrsest rate
<br /> . # . � 3n snbs�vally equal Payments.The"result of this calculaflon arill 6e the new u^r�,m�t of my moathly paymeat.
<br /> ' ���., �� '� ' . _
<br /> � (11}L1ti�`sAw Interest Rate Ci�g� -
<br /> The inP.r.��t rst►�I�req�ured to pay at the first Change Date w"",��i 1ce�,tbar} ' 8.850 ;�
<br /> � ot less than 4•���(;��` � 96.�enafter,my iateress r.�te u,�iS!'��..s be i�re�sod or decreasad oa
<br /> ' :.i, �. anY sinqt�.Q�ange D�re by more than two percentage points(2.O;iy.fs�.�tic.�.r,u�:,c�f intcrest I have'6oea prying
<br /> ` for the prt�L3.�g nvelva monyhs..M intemst rate wi11 never be gre�inr:5an �'�t�b 650 gg,
<br /> �.�; ` [Wy i n�ra���ost rate wi l� never be loweF tt�r�n �S.�50�.
<br /> . ,. �,: .
<br /> ; "' . (�)I�f!i'(fixit�:s lYzto of tAtangsa � , � .
<br /> . '_ ; ?. �Y n.�+x�'iri���r�rc�vill becoa�e�ective on each C6ange Date. 1 will p��ti�:�,�ef my new a�untUiy
<br /> ��.,t ; J'�:��seitt?��nlilla�;:am r•F.�first mnattily paymene date after the C6ange DatE r�ti.4 ch��of my r�thly
<br /> : •���+, :. ' C1Y�+no.�fiu'ti���;�s�in.
<br /> � ' �Raif�oi��s �
<br /> � The Nate Holder wiD!�deiiver or mail to me o natice of any change.a in my interest rate and the amaunt of my -�
<br /> . monthly payn�ni before ths effecrive date of any change.T'he notice aip include information required by taw W
<br /> be given a�and also the dtte and telephone num6er of a person who will answer anyr question I ma3r isave
<br /> � • � regarding the notice.
<br /> . FAULTISTAT�C ADSUST{IBl@ AATE R1D�•A6iFA 6-2-Singta Family-Fennia F.7aolFrec4�FRx U�dPam tr►struman3
<br /> � . Foes37i1�185 '
<br /> - ��YlAt93051 V1,SDfdOfiTCiAGEFOR6IS-B001521-1Y91 �Rtrr,sAOnRw-ycimAD�ps –.
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