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96109232
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Last modified
3/11/2012 3:01:47 PM
Creation date
10/19/2005 4:35:04 PM
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DEEDS
Inst Number
96109232
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��_� �— <br /> �. �. - - � - _� � - _ - --- �� - --- <br /> � <br /> �-a ., _ -.,} ,.,.i.. .. ..�. .. . - ���.a�+.�,a��_' <br /> ���1•i . .. . _ .-:tsvf _ '.-- <br /> / � Yr'.%'��.1L-ni 7' .s_.. <br /> �"" �d����'� �. . <br /> AI?1�J5`�'A�3LE RATE RTDE�i. ,oa2�ao� �=_- <br /> _ p Yes�r'TrrAC�+q+ �ariex-s.te��pc) - _.� <br /> t�}OVEI+IB6R <br /> THlS AWliS7'ABI.E RATE RIpER is n�dc this 20TN d�y of — <br /> 1996 .and is incorp�uatcd into�nd shall be deea�a9 to an�end ud wpplement thc Moctgaye.Daod of <br /> Trust or Securiry Deed(the �Security Inscrunxiu')of che same J�tc eiven by thc ua�icr�igaa�i f���wa')w = <br /> sccurc the Bcxrnw'cr's Adjustable Rate Note Qhe"Noce"1 to __ <br /> TM� EOuitt0l� �+ildia4 ��d lou Assccittioa of Grtnd Isl�nd, N�Qr�sM�, A F�du�l S�viaps 6int <br /> (tho•l,eader')of the saroe date and covuing the propetty dcscribed ia the Secutity I�utrumet►t and lacated at: <br /> 4028 SUCICINGHIW DR GRAND ISLA�N�D� N�B��SKA 68803-6401 � <br /> THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE INTEREST <br /> RATE AI�lD THE MONTHLY PAYINENT. THE NOTE U�AITS THE A1�I�UNT THE <br /> BORROWEEI'S !lHTEREST RATE CAN CHANC,E AT ANY ONE TIME AND TiiE <br /> MA)(IMUM RATE THE BORROWER MUST PAY. <br /> ADDITIONAL COYF.NANTS.in addition to the covmwts and n,�nements mtde ia th[s Socudty Iactiument, <br /> Borrow•er aad l.ender funhcr ooven�nt and s�re�ac follows: <br /> A,�TERES-r RAZ'E ANV MpNTH1,Y PAYIt�NT CNANGES <br /> Tbe Note provides for Ya initial interat rau of 7.500 Y.'Ibe I�ote provi3es for chan�es ia <br /> mo in�eres�ra�e aad�wonctilY i�aymencs.�s fouows: <br /> 4,INTEitEST ytATE AND MONTHI.Y PAYMF1+iT CHANGES <br /> lp)��et <br /> 'tbe u►terest rate I will paY maY ch�nSe on thr first d�y of DECEYBER . 2001 .and oa th�t <br /> day every 12th mauh thereaftei'.Fxb date oa whic�my intetrst rate cxiuld ctwn�e is allod a'C7sail�e D�te.' <br /> (B)TYe Inde: <br /> Be�nni�;with the first Chsnge Datt•IDY int�rst r�te wiU be basad on�n Indez.The'Iodex"ic the weelcly <br /> sva�e Yidd aa United States Tnawry soa�-ities adjustod to a coastant n�atuiity of 1 year.�s made avaiLbie b5+ <br />_ .... . .. _ avaii�ic as v��J:N.�S..-'-�.y��w..�a.r�o'TL.te- <br /> t3�Fedttal Re�erve gaM.The most c�e0etlt Inoes nYme -- - - <br /> is called tbe'Curreat L�dex.' <br /> If tbe Ldex is no toaga available,the Notc Holder vrill dioose a new indcx w}uch is based upon c�amPa'+ble <br /> iafonn�ion.'Itfe Note Botder will give me notioe of this choioe. <br /> (CD Cafn�tlo�ot Chaa�ee <br /> Before tac�Chan$e Date.the Note Hddes will plculate my new iaterest rate by addin8 <br /> TYq P�8�Po�(s)( 2.000 �)w tbe Wireot <br /> Tnde=. The Note Holder will ti�ea round the nsult of this addition W tbe narat ooet�gbtb of aoe Pa'� <br /> Point(0.125'�)•SubJect to li�e Iimits stated in Saxion 4(D)bebw,this t+uuaded�raomx w�ill be my�►int+ere�t <br /> nte uatil tl�e next C7�nge Diate. � <br /> The Note�iotder will tha ddetmine ti�se amount of the moothlY P�l�that wouW be suffjcirat to cqiaY t1�e <br /> unpaicl pri�at t}�t I aai tacpxted W owe at tbe Q�ange Date in fu110o the Ma�urity D�te at my�v intarat rate <br /> iit.substmtiallY W�P�Y�.'ll�c t+�s�ilt of this calailation will be tl�e ncw�mouat of my montWY PoY�• <br /> t�)Umjfs oo iatersat jtate C6a� <br /> nx i�mc t�te Y un ny�l�+oa w p�y�t the finc c�ang�ns�e N►uk nrx be�� s.50 0 � <br /> _ac lac th�a 5.500 5�.T6ereafter,mY inte�race wiU never be iaeressed a da7ased m <br /> - --- �_-•-----.�. ..,._Y.�-- --- ----- <br /> r�a-w�----r._... <br /> - - -- -- _ - �y,.uc�glC L7u�age Date by�r,ore ttue tv`o peroentage poiats tz.u�/��++�12 500 "`••`��•µ•• '�. <br /> fa the precodins twdve tnaaths.My intenst ratc will ncver be greas�er thaio <br /> �1f� intersst rate will never be Zower than 5.500x. <br /> (E)Ettect�+�e Date o[C6sogcs <br /> My new interat tate wlll beoome effative oa eac�Change Date.I will pay N�e amoant of my uew mmt1�1Y <br />— payn�ent beginning m thc first monthlY PaYm�t date�tBe Change Due�ntil the anwunt of my montbly <br />— pYmwt ct�gcs�B�w. <br /> (Fj Natics ot Clnc�es <br /> T6e Note Ho1du will de]iver or mai}to me a notice of any chsng�c in my i�erest nte aod the amouat of my <br /> ;,�;;,���:��,,.^�i�!'�rr tl�e!'�'*ctiyt dAr��f any rhange.The eotice will inclede iaformatim roquired t►Y Isw to <br /> be givea me and alw the title and telepiwoe aua�ber of a persoo who will �aswa auy quation I mry have <br /> ceg�ding the notia. j <br /> MllLTISTA7'E ADJUSTAYIE fiATE RIDER-AAM 5�2-SinON firttilY-Fat�AA�lit�d�M�c liaitot�iu�ltww�t <br /> - - FpM 31113l85 <br /> �i22Ata3osi vwro�rta+w�FO�+s-woo,sai-�zo� � v+:�w«�.wc�.ar�. <br /> a �� � <br />
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