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<br /> � ADJUS"TABLE RA'i'E RIDER •�_�-� °�
<br /> 92--so��� `�='�~-��-;:�_
<br /> 7 S..y.—�
<br /> (6�ntnatA T-eu�.v1►esty wWa�o.wrerye Onre.�n�eog-n.�°�.P) �"":'_�r_�„� T
<br /> . 15TH MAY. 199? . ' i•:,.~`�`�
<br /> � „ 7HI8 MJUSTAHLE M7E RID�It Y mrde tbY dry of ��nd u inoorpor+ted into�nd ._ .. ...
<br /> ,`,. � ihallbe0eemedto�rnend�ndwppkmenllheMcxlg��c�Doedat'11nwa&xuMt�Deed(the"Seau�ltylnlrumanl'�dlheqnfad�ta�IvcabyWe ,, ,
<br /> ��de�(the"Borrower")to a�vre Harmw�er's Ad�wt�610 RYa Nae(ttle"Nde")w �..-.-.—_ �.'-
<br /> ,�:._:.�:tti�--_
<br /> GO(�f'i�1FRCIAL F�OERRI MORTi;AGE r,ORPORAT1nN � �'�'•r�'�'�-
<br /> f . . � prope daafbed in tFle Sewrlty Iroltument wtG located al: , •rn� ,`.
<br /> (�6e"l.e�er")of�ha wme d�te u�d awe tba rry ,i,�'.,`,_-,-...�i-�:_�
<br /> � 5TH R WALNUT, pONIPHAN. NE fi8832 '"`-' -
<br /> '�.;,�....:�r,-�„•y,r:.:.
<br /> '• " . I�N��1 , , ^
<br /> � 3 IN THE IN7ERE8T RATE AND TNE � -
<br /> � T}IE NOTE CONTAINS PROVI310N8 AU.OWINO FOR CHANI3E
<br /> , MOMNLY PAYMENT. THE NOTE UMITS THE AMOUNT THE BORROWER'S INTEREST RATE C.JW �.
<br /> • CHAN(3E AT IWY ONE TIME AND 1HE IIMXIMUM RATE THE 80RRO1NER MUST PAY.
<br /> . • ADDITIONAL COV�NMI75. tn oddidm w the ow�en�au smd��oemena mode in�he Sacu�ity ln�uumcnt,Bo�rrawer and Lender � ..:,:.�1+ : •.. ._::.
<br /> +: ` IY�lIIO�QdYCNilI!YIII)Y�l C fl��dIOW�: �W'����;4'. .
<br /> fl ?,i. :,,Sr�t _ t�.
<br /> A IN'Ii�RPSf RA78 ANU MONTHLY PAYMPNCQiANd[�S . . . . .•.�,�;w�:i;�._..
<br /> ��s 96.11a Nae far fa tAe iaterW�to wid Wo monlhly �'.�
<br /> ' The note far an initiAl interat rate ot 7.000 P�'°�'�+ �0� � �t�l�.�r+t.
<br /> !1;�y.,. p�ymeota,an topopuc �;', :�`�� •��i�
<br /> ',,����'�r.,r:`',��. . �. Q�'1'6RFSi'RA7F.AND MON17�.Y PAYMPNi'CHAN(3F� r•, � . �.�,�-��
<br /> • %:,.•,i��. �' �. �A��� :--,._.�•-
<br /> ;; , , Dues ....
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<br /> �+�•' � OEl;EM3Ek ,19 92 ,anduntfiatdsryevery6tUmoatb t'. . . ` '";,
<br /> ,••��.. �,,�•�. The iateresl rate 1 will pay may change on the fint ciay , ;,.g�
<br /> �r ;, .
<br /> . :"�� '•�'� � tdueafler. Eacb date an which my interau rate awld cl�nge is c�lled a"Gl�ange Date." � '�r"`�-
<br /> �.i1'��;+ V- � iti rl -_ i � t -i-. - -i)�1 tR) e���:
<br /> � /�\ 7L��A` S' � �'1 l��.t;1
<br /> � � t" 'G� `��'i:t.�--`,�::, .°: l�� ■w�u�wr ' ..
<br /> �.�i� .";,:;�,��,;;,i:;`,�:'•'; BeBinningwithlheflr�tchaageDate.mylntereat�atewUflxbesedonanlndex. 7l�e"Indac"istheaeeklyauaion.�n�erage(invnatment)on ,�,. ,.�.;, �, �� , !,�+:'
<br /> �,' � .��:, ��i,
<br /> , raxnt Inde�c flgure avaUabk a+af�he date 45daya be[ae each '+1�,;,.;��.::�,• `�„�:�-� �4;�
<br /> � �h :!,
<br /> . :�.,�,�4•�����,.��y.�,��,,• ;:.i; deavallabk theFedetalR•tsetveBaetd. 7lnnfa�t .
<br />. � �s �.,,•,.,�,��,f,��";; 6�fI10flt4QCWWrybills,8f[08 b� .
<br /> � ' : �,�, ''�<;' C1W11gCDAlCiec�IlCdIbC"41�RtQ1lfKitx." i��'�!.,:�;'��'
<br /> .5 'J ��i.;',�,'.r;;;',;1�.,',,,' ��,'�;� U tlx indeu i�ao bnger avaiabk.lde Note Holdet aiU cdooeea aew indax wdioh b baed upooi comparabk iafo�rnaUon.7Ue Note Haider �k' ,,'�-
<br /> , .,'� �': , '' :°�� � , `:?. ,�. '� willgivemendlaot�hi�choia. � '�.
<br /> ' ,,� ,• '. �� CaIpllYtboo[(�
<br /> - - - Be[aroeachChangeDate,thcNaeHoldcrwillcakvlatemynewic�terwretebyadding � 3/4 perantagepanta( 2.T50 `1�) � - `'�;
<br /> — — - totheCumentIndec.lt�eNaeHotderwitlthenround�herewitotth4adduwntothenearouane�eighihoiwnsper�ntagepoini(0.225'�j.Subjxt -
<br /> w ehe Mmiu slated in Seaion 4(D)belaw,thb rounded amounc wlll be nry naw interest rate untU the nact Chenge Date. � , •
<br /> ,. The Nae Hotder wfll then determinc the amount of Ihe rnonthly p�yment Ilwt wouW be wffident to repay the unpaid prindp+l tlwt 1�m �
<br /> . acpected toowe at the Change Date In Pollon Ihe nwtudrydate at my newinteral rale ipwbrWMWtyequa payments.7?�e�ault otthb cala�lalton .,�,..
<br /> wUl bo thc new ernount o[my monthly paymcnt. � :"''��
<br /> ,.r
<br /> (U)[Jmw aa tnte�reat Rate C�rnaes '
<br /> ' The intuat m�e I am roquircd to pay o�the tint Change Da�e wiu na be groater�han 7.15D `1�a�t� b.�'S0 `�.'��er. _ _
<br /> my interat rate wUl never be Inaea�ed or decrea+ed on anY iln61e Chan6a Da[e qr more tlwn '/4 peranu4e polnts( 0.7 5 U 96) � �� °a
<br /> hom�he rot�ot intere�l I Iwve been payfng for t h e pr e a d ing a t s man t n.M y f n t e rc u ro t e w i l l n e v e r b e a r e a t e r t d a n 1 1 .0 0 0'b. �
<br /> (6) 8ffeclhre U�te otCl�nges '
<br /> My nevr'�terat rate wiH beaane effeaive on exh Cf�nSe Date.1 will pay the amount of my new monthly Qaf'����Y��g��� �
<br /> • montl�ly payment date aRer�he Gwnge Date untN the wnaunt ot my monthly payment clwnges again. �
<br /> (�Ndbe of G7�nga
<br /> 'llfe Nde Holder wflt deliver or mail ta me a notia ot arry changes in my interdt rale and the amount o[my monthly poyment befo�e tde . u
<br /> etfeaive date oteay change.'Ibe notia wfll include in(armauon reqdreC by lawr to be given me and also the Utk ead tekphone twmberofl penoo ; ',,�-Y;;��.
<br /> � who wW amvver airy queation I may have regarding the noUa. • � �'�' "'!--
<br /> B. TRAN5FBR OF 7NE PROPERIY OR A BBNEh1CIAL Q�1'[ERFS''1��N BORROWL�R ,
<br /> Uniform Coveaant 17 ot Ide Secudry Inutument b amended to read aa tdlows: • � .
<br /> ��(a q�1be prq�ertr a�benegdel Wluat in borrower.i[all or eny pen ot thep�operty or am intereu in it is wid or trans[erted(or i[
<br /> a beneHc�al interal in Hormwer l�aold or transferced and Borrawer b na a netural persan)without i.ender's prlor written con�ent,Lender may.
<br /> at ils optia�,requlrc immediate paymcnt in tull of all aums securcd by�h�Securiry instroment. T�ender also shall aot acercise lhis optbn iE(a) �
<br /> Borrower causes to be wbmittod to L.ender informadan requlred by Lender to evaluate the intended trans[eree as if a new loan werc being made
<br /> to the trana[erce;end(b)Lender roasonably determines thal L.ender'a eecurity will not be impaired by the loan aesumption and th�t the Nsk of a
<br /> 6reach o[any owenant or agrcement in this SccuMty Instrument ls accep�abte ro[.cnder.
<br /> To the actene permitted by eppllcaMe law,I.ender muy charge a reasonabk tee as a condf�ion to[xnder's eoa�ent to the loan essumpUon.
<br /> Lender may alio require the Iranaferee to sign an ascumption agrcement�hat la acceptnbte to l.ender and that obligetea the tranaferee to keep atl
<br /> �he promises and agreementa made in Ihe Nac and M this 5ecunry ln.4trument. &�r�awer will continue to be obtigated undcr the NWe and thla
<br /> Sccudty Inatrument unkss[ander rek:ases Borrovver in wn�ing.
<br /> If Lender exercisea the opuon lo requfre fmmediate payment in full,[ender shell give Borrawcr nwia of acceteretion. 'Il►e noU�;e ahaU
<br /> � provide a perfod of not Iess then 30 daya tmm the date the nntia is delivered cx mailed within whfch Horrower mual pay all sums securcd by lhis
<br /> Secudty Inuroment. If Hortower fafis to pay these sums prior to the expfration o(thia perbd,l.ender mey invoke a�ry remedla pertnitted by thfs
<br /> Secudly Inurument without further naice cx demand on Bnrraver.
<br /> SI(lNINa BELOW,Borrower aooepu and agrees co Ihe ternu and oovenanla canlafned In this Adjuuable Rete Rider.
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<br /> , _eo„ow., -so��..
<br />� ' /sign a;R;,wt only/
<br /> � .
<br /> ,I MULTISTAIE ADJUSTABIE RATE RIDER»ARM 5-2-S�ple FamNy-Famla Ma�IFreddia Mac Unifomt Instrument Fam 3111/a/85
<br /> MC,9033(REV 03191)
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