|
� � ��TP � l�.y,/'(� dt.:,�„ .�.f,.. ,I_ `t� lCi.� '�."_ �fl>5. � ,�� rt _•..�....�.--�.--.'..�..... S/LY�i.{Y:M6� _--
<br /> �. . )11 �1y,r. ....ani4 v.. --
<br /> i i _ �.r.� — —
<br /> � c
<br /> — -- - . . �:T�. _. � '-_--= —.----
<br /> _ . . _ - _....±:�y.+�'' ':'_L, • � ,
<br /> .. .. ..u..r:v..d.Y..r...+. __._
<br /> . ... . . � "/:.
<br /> '�' '� r�� _ _ _'_--—.._»__�_.__.' .___...'"'
<br /> ��
<br /> , �a+a+i
<br /> �
<br /> f: , "�`.„.,' -•..-;` ' ' ADJUSTABLE RA1'E 1tIDER 9 Z- 1�161~r ` -
<br /> �,+�ai�.;3c r.•ts�t.w;�•,
<br /> (l YwrTnnwyln8a-IWtGp�)
<br /> ..�����s�1Y.,, .
<br /> .�.�:.C_�...:��?�Su:;�Y' ___—
<br /> ��-�:
<br /> THIS MJUSTABL�RATE RIDBilbm�d�thi, znd dayot (qarch f 19 9_?. _
<br /> ,�� �'•,� r . �nd A Inoorpontsd lato�nd�h�U be deea�ad W amead and wppkment tM Mott/ap� Dad o!Tnut. or SKUriq Dwd(U►t••9rcudtY
<br /> , � I�t")of Ihe wao d�tr dvea by tbe undasl�aed(the Bartowa )to secure eorrowa�AdJwt�We ilats Noa(�M Note )to�iO�A�
<br /> • ,;' ecnao�� SAVIN i LOAN A8$OCIATION QF ORANO I:LAND.N6�RA{KA(tht"Leode�•)of Iht wa�1 date�od wvRlo{I!M �A -..
<br /> .n 'r" pmpeny de�eribed in the&cudtY lannwat�od locand u: --
<br /> : . ...,..•i
<br /> •� -- :-� - -� � 2605 Arrawhead, Grand Island, Nebraska 68801 �--- --
<br /> ar�...,-.,.;..�hn° (proputyAddren)
<br /> .. TW NM cwhir N+�MMr�Y�wl�s/ae aia�1� �7 I�M�s1 m4�ui �lr MM�17
<br /> piT�M.TW wle Mw IWb IM�st�71�MnN�/t e�er�p�t W�qM� - ---
<br /> , , . .Yowww�.wu...d...na�..dw. --_-_
<br /> �_- --
<br /> ., � ADDITIONAL COVENANTS.In add+tiau w t6t oovea�ott�ad+�roaamu m�de in the 3ecrrU!'la�trumwt�Borrawa wd I.mAer ��.,;�;__-� -
<br /> . w�� furlha oovwunt u�d yrae as follo�n:
<br /> e..•M, -
<br /> A. INT�ST itATE AND IIIONTHLY PAYMENT CHANOEB
<br /> d Tha Note provides fa an initial interat ate of 6.0 qp.Sectloo 4 of t6e Note provida for chtn�a la�bt intaat ratc an8 d�e -,-----
<br /> �Y P�Y�.a�folloMC —
<br /> � . ��- f. ' �. 1NTEREST RATE AND MONTNLY PAYM6NT CHANOES � - �-
<br /> �.,..:�
<br /> , • lAl CM�pD�a pril
<br /> 711e interat rnta 1 wNl pay maY clun�e on tAe tint day oi A 93 M�'.:_:
<br /> ,19 .wdontlp�td�Yare+y
<br /> .. twel ve moaUu thaeafter.E�ch d�te on ahich my intaat nte oould ehaa�e i�caUad a"Cl�qe D�te.•' �;u;
<br /> a) 'Ibt IMa =_ -
<br /> � � Be�nnin�rvith�he flrs�Chan�e Date,my interac nte wlll be based an w Inda.'ft�e"lodeu"is ide�akly aven�e yldd on Udted Stata -----
<br /> 7}rptyry securides adjusted to a const�nt maturily of 1 yeu.u m�de�vaHabk by d�e Fadad Rame Bwrd.Tbe mo�t reoea!luda�f1{ura -�-__
<br /> . �vail�bk�s of the d�te 43 daya 6eforc each Clunae Date i�called tbe'•Nrrrnt Indac." - _`.:
<br /> " • If the]adac is ao IonQer pvailabk.�he Nae Holda wiU choae�aew inde�c Nhic6 b b�ed upon campr�ble Intmm�tloa.Tbe Note �`'�'�Y,_'
<br /> � Holder wW Aive me nolics of thi�clwic�. __-
<br /> � �i<S: ��: .. : �..�.=,
<br /> :_ _ .� _�.., i,: (� �p���tl .
<br /> _ -- . ,1,,�,-.._ '-- �r[�,...
<br /> three -- ..: ___
<br /> . � 8efptt each Clun,�e Date,the Nae Holder�vfll caleulate my new intaat nta by addiat D� ��:,,.=-:
<br /> p��r 3-0 yi)to the Curceut Ir►dea aad roundina to the nearat 1/Bth oi I�Y.wbjat to the limits stated in Sectlon�N)bdow. — , -__-
<br /> 7tiii rounded anwuat will be my naw inttral ate undl the next ChanQe Date. _
<br /> The Note Holder wiU then determine the amount of tAe monWY pay�ornt Uut wauld be suifldent to repsy in fuU the prineipl I am "
<br /> acpected to owe on that ChaoQe Date in�ube�anWUy eqwd payma�u 6y tlu muurity date u my new iaterat na.The t�ult M thi:calculKion � .'�' .-
<br /> . •� wU16s the neN amouat ot my mo�dtdY payment. ------
<br /> , �Dl IJ�IU w INerut Rue CYu�es 10.0 �7b or las lhan ��-
<br /> • The interat nte I am required to pay at tAe first ChanQe Date wfll not be arsater than
<br /> , 6-❑ �7i.Thereafter,my interest rate will aever be incrcased or dava�sed on my aia;le Chanae Da�e by morc thaa two "�,Y..-� - .
<br /> r. .
<br /> • _,_(2.�._from the nte ot interat 1 have ban payina for the preading twelve montM.The minimum intera�nte on t6is loaa wiU aever be
<br /> . kp th�a �-� �atid the iqa�imum int�mt rate wIU never be arealc�tlwi 12.0 �h. � '-
<br /> ��._'.
<br /> �����;J;.'�`;a.. (E) Eff�cd�eD�kotCYu�a ; ...�,;
<br /> • . . , My new intera�rate wiU become effective on aich Ghan�e Date.I will p�y the unount oi my new taonthiY p�ymeat be{innin�oo Ihe firR � o.p,•x,�:r:�„���. '
<br /> � . ,''','`.;�" roonthlY payment date after the ChanQe Date until the aawuat ot my monchlY p�yment clanaa a�afn. 'w•+��x"�'4;'
<br /> . ..,i.•..
<br /> ' •' (PI Notlet of CYu�e� =;:%.::`.'
<br /> � � .,,5�;,,;, The Note Holder wfll mail or deliver to me a nutice before euh Chanee Date.71rc notics wiU advbe me of: ���="`t�"`�W
<br /> ' ��,,� (i) the new Interat rate on my loan rs of the Chw�ge Date; "`..'•i!,':.�:
<br /> �' � (iq the unount of my monthly paymem fdlowfna the Change D�te; ' � � �'���
<br /> .. 'ti�:�`"". , ::`��:ti-
<br /> ,� (ifi) nny addilionol mattea whkh the Note Holder is required ro dlsclose;and °--
<br /> { � � (iv) the addras of the auai�Uon you couW wnwct rc�dln4�ny quadom about the adjustment nodce. � ' ��=,'._
<br /> •� .
<br /> � ::'n.,1.. M`
<br /> ,.:�� B. CHARGF3t WENS �
<br /> Uniform Covenant 4of the 5ecudry Inetrwnent is wnendal to read os followa: •
<br /> 4. CYu�esi�.�►rower shall pay all tazes,�sasments.and other charQa,fina.wM imposiUons attributable to the Propeny which may '
<br /> ' �ttaln a priorfty over this 5ecurity Irotrument,and Iwehold paymenu of�ound rrnts.if my,fn t6e manner prodded under paraaaph 2 hereot ,
<br /> or,if not pafd in such monner.by Borrower makin�p�yment,when due,directly to the p�yee thereof.Horrower shall praoptlY fumith Lender
<br /> • all notias oi amounts due under thia puau�ph,end in the event Bonower�hall m�ke payment directly,Borrower sANI promptly furnbh to �
<br /> !��� ' ' L,ender receipts evidencing such paymentt. Borrower shall promptly diechu4e any Ilen which ha�pdo�ily orer this SecuHty Instrument; ' ' '
<br /> � � howevtr, Borrower shall not be rcquited to discharge any such lien so long as Borrower;(a) shall ayree In writing to Ihe payment of thr �
<br /> obligation securcd by such licn in the manncr acccptable to Lender;(b)shall in goad faith contat such lien by,or defend agairot rnforamrnt of
<br /> such lien in,iegd proceediegs which in ihe opinion of Lender operaie�o prevent the enfacement oi the lien or forfeiturc of the Property or any
<br /> part thereof;or(c)shall secure trom Ihe holder oi such lien an agrament In a form s�ti�factory to Lender�ubordinaUnQ such Iirn lo this
<br /> n Security Instrumem. � _
<br /> If Lendcr determines�hat all or uny part of thc Propeny is subject to a lien which may anain a priodty orer Ihis Seeurity Instrumenl. ,
<br /> ;, � � Lender shall give Borrawer a notice identi(ying such Ikn.Borrower shall saus(y sucn Ikn or take one or morc oi ene ac[ioas sei ionn wv�a
<br /> � , � withfn�en days of the 4ivin�o(the notice.
<br /> C. N077CE
<br /> Uniform Covenant 1�of the Security Inttrument is amended to rad as follow�:
<br /> 11. Notiee.Except for iu►y natia required under appliable law to be Qiven in another manner,(a)any notia to Bottower provided for in this
<br /> SecuH�y Instrument shall be Qiven by ddivering it or by mailing It by tint class mail to BoROwer at the Property Addras or ot such other addras
<br /> as Borrower may destQnate by noti�Y�o Lender u provided herefn,and 1b1 my notice to Lender:lull be Qiven by Ont clw mdl to Lender's
<br /> addrcss stated htrefn or to such other addras a+Lender m�y daignate by notice to Bortower as provided herein.My notfce provided for in this
<br /> .. � 5ecunty Imuumenl shall be deemed to have been�iven to Bortower or Lenda when�iven in the m�nner dai�naled haefn.
<br /> i
<br /> �)
<br />
|