96103636 - Laserfiche WebLink

Browse

r'...�• �-. � . I.�ci.._ . ... �� . , .� _ -- -- __-- " .+ • �! rl��+::::,�t,,.i.+� '� + '` � , , s^� : r � �x n :.:ue_. — — — — ..��Qd=:-� — ..._ �m..c,._..rrr.�O.:.Tf.C:�..'�KtTa_1i.:�w.n r��r�� __ ___:.�:w".:�.. -='.__'i_[_r�-�_- _:�,-�_.,_ __ ADDLN 001-6Q�25031 A�J��T�1�LE RATF RII)�R � �143�� THIS AU]ZJSTABLBItATE RI��R Is mado thia xo� day of t�fAY � 1996 ,and is inrnrrr�rr.t.�9 intn nnr!shall h�dc.mrll tn ntne�d�nd r.upal:mcrti thc rMrtvawe,U:.:�of 1'tust er 3ccurlty Dr,ed(tha"3ectsity Instrumcnt")of ihe seme dam given by thc undusigned(Iho"Bormwu")to securo Borrower's AdJustablo Rata Now(the "Notc")a HOME FEDEAXIL SAVIIIC�3 & LOAN A9&OCTATION OF dRAND IBLJ1Nn (the"I.cnder")of the same datc and covcring thc pmperty dcscdbcd in t�e Sccur3ry Instiumcnt and locatcd a� 1716 COI,UN�IA CIRCLE C3R7►P7D TBLAND, 2�HRA9KA 68Q01 (Propeny AddrcttJ THIS NOTE CONTAINS RROVISIONS ALLOPIIIYG FOR CNANGFS IN M`Y INT�R�.ST RA'1'� AND M�l MOIY'i'HLY PAYMENT,INCREASFS IN THE INTEItEST RATE WILL RESULT IN �GHER PAYMENT5. pECREASES IN THE INTERFST ItATE�fiILL RESULT IN LOWER PAYMENTFi. ADDITIONAL C�.IY�NAN't5. In addidon to the covenants and ngceeemenu made in the 5ecarity Instrument. F�arcc�war aad L,end�rlbrther�ovcnant and agrce as i'ollows: A.IIV'➢'i�REST RA'Y'E AND MfDNTHLY PAYlVI�NT CHAI►J��9 The Note provJ�lr,s tor a�� inidal intemst raw of '�.250 96. The Note pmvidaq Sar changes !n the - interest rate and thc rnonthly paymeats,es followa: 4.INTERE^��1'tA'Y'E AND MON7i'H1.Y PAYKEi�i'i'CFiAiIvrS �Aj i;nna�e u�ies Tt�e intuest raLO I wUl pay may ch9ngo on the tirst day nf Jt1Ni3 � 1999 .��y evay i2Tti month tha�e�fter,FACh date on which my interest r�uo could ctwnge i�calbd p"Chu�ge Diue:' (R)The Index Ae�innin�wUh�he i"uu Chm�e�te�my intaeau rote wiU be Msod on�n IrWex.The"Indsx"i�: TH8 NEEKLY AV6RAOS YIELD ON UN'I�'ED 6TkTE8 TREAE3URY 88CtJRITSB AD�7tTSTED TO A COx19TANT MATURITY AF 1 YBAR, A8 MApI! AVAILAHLB 8Y TF18 FBDERAI, RS38RV� SOARD. 7t�c rtwst rncerit Index f igurc avail�ble w of tho dAtc: [�] 45 dnys ❑ � before c�ch Clwige D�te b e�tllod tho"Current tnde�c" If�he Indcx�i no longcr available,the I°iotc Holder wlll choose a ncw indcx that!s based upon comparstbb inform�tion. 'Iiu No�e Holda will givo me naice of this cholca. (C)C�lculdbn o�Chan�es Acfaa each Chango Datc,the Nou:Holdcr will cakulata rrty ncw interest rate by adding Ti10 RND THRSE QUARTSRS percp�tage poinl(s)( �.750 96)t0 the Currcnt dndeu. Thc Note Holdcs wiq thcn round the resul¢of this addidon to ihe �Nearest Q Next Highest Q Neat Lowcst oNa eioxrft ( .iss g�,�, Subjcc�to thc[imits statod In Section 4(D)below,this roundod amount will bA my now interest rate untit tho next Chenge Qate. ' 'If�o Note HoWu will then dttcm�inc thc amoimt of tho monthly pwymc�t that would ba saiC�cient to rcpey the unpaid � principal that I am expoctal to owe at the Change D.et�e in full on tho maturiry date at my now iuuuest nte in substaati�lly . equul payma�ts.'ll�c rcsultof lhis cakuiation will bo thc new amount of my manthly paymcn� (D)LfimNs on Iaterat Rote Changa ase chetk approprlate b�oxes;�f no box ls cbecked,�Aere w111 be no n�zlmurn limtt an changes.) (1)14�ero will bo nt�maxi�num{im{t on interest rbte changt�. xx (2)1ha Interest ntc I em rcquircd to pay at tho first Chango Dato will not bc grcater than 9.250 gy • Or1 s.zso �,, � xx (3)My intcrest reta will nevcr be incre�ed or decreaud on any singic Chanpp Dato by moro thnn ZWp FERCENT pC:c�nt9go point(s) ( 2.000 qv) Crom thc rate of interest I havu bccn paying for ihc prcccding period. (�(4)My inLerest rete will ncver be greattr Qitu� 12.290 96,which is callcd thc"Maui�num Ratc." " �HE "M7CNIMUh1 RAT�" WTLL NF,VSR BE LESu THAN 5.250�. AAULTI9TAYEADJ05TABLE iiATE RIDER•Sinplo Family e/04 Pay�t o12 �•898A(0400) VMP MORTpA�E FORM9•(800)621•)201 Inl�i�le:. ir :v �o. , y , .1 �