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201100767
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201100767
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Last modified
1/28/2011 4:35:11 PM
Creation date
1/28/2011 4:35:10 PM
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DEEDS
Inst Number
201100767
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20110076i <br />ADJUSTABLE RATE RIDER <br />(1 Year Treasury Index - Rate Caps) <br />THIS ADJUSTABLE RATE RIDER is made this 14th day of January, 2011 <br />and is incorporated into and shail be deemed to amend and supplement the Mortgage, Deed <br />of Trust, or Security Deed (the "Security instrument") of the same date given by the <br />undersigned (the "Borrower") to secure Borrower's Adjustable Rate Note (the "Note") to <br />EQUITABLE BANK <br />(the "Lender") of the same date and covering the property described in the Security <br />Instrument and located at: <br />607-609 W 14th St <br />Grand Island, NE 68801 <br />tProperty Address] <br />THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE <br />INTEREST RATE AND THE MONTHLY PAYMENT. THE NOTE LIMtTS THE <br />AMOUNT THE BORROWER'S INTEREST RATE CAN CHANGE AT ANY ONE <br />TIME AND THE MAXtMUM RATE THE 80RROWER MUST PAY. <br />ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the <br />Security Instrument, Borrower and Lender further covenant and agree as follows: <br />A. IMTERES7 RATE AND M ONTHLY PAYM ENT CHANGES <br />The Note provides for an initial interest rate of 6. 000 %. The Note <br />provides for changes in the interest rate and the monthly payments as follows: <br />4. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />(A) Change Dates <br />The interest rate ( will pay may change on the first day of February 2016 <br />and on that day every 12th month thereafter. Each date on which my interest rate could <br />change is called a"Change Date." <br />231045 <br />MULTISTATE ADJUSTABLE RATE RIDER - ARM 5-2 Fannie Mae 4-2/5-2/6-2 ARM <br />Singfe Family - Fannie Mae/Freddie Mac UNfFORM INSTRUMENT Form 3111 1/01 <br />VMP o V�P822R (0804) <br />Walters Kluwer Financia! Services Initials:� 0. Page 1 of 4 <br />P" <br />
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