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<br /> APPLM 001-901200�9 �='n�
<br /> . 1 - �� :_-
<br /> . ����.���
<br /> ADJUSTAB�.,� �A'f� �tI��dl� �
<br /> � T�i1S ADIUSTABLB RATS RIDfiR is anadc Ih1s 2o�rH day of ri�w� , 199� �d�
<br /> � . � incar�nse�rd into n�d shall be dermeA w amend and sup�l:mea�t ute McrsQa�e�LTer.c�of Trust or Securiry Deed(the"Securisy F
<br /> Instrutrrcnt")of the same date givcn by the undersigntr.i (ihe "Horrower")ui sccurte Horro�ver's Ad,{ustuble its�te iitate:�thc
<br /> ' "Note")to
<br /> . HOME FBDERAL SAVIN(3S & LOla�i A.��arI1#TION OF ORFIND ISLAIJD •
<br /> �
<br /> t�he"Lender")of the same date and covcricng the propesty described in t1u:Securiey ln�trumcnt und loca:,ed a� s'
<br /> 1012 PLF�SANT VIIiW DRIVS �- '
<br /> � aRAI3D ISLAtID, IIEBRASKA 688t)1 ,��
<br /> (P�rap:tty Addreu) G��-
<br /> i 'rHIS N(aTE CONTAINS PROVISIONS Al.L(��1VI[PdG FOht CHP.N���1 iN MY INTEREST RATE AND MY .�"
<br /> NdONTHLY FAYMENT. INCREASES IN TNR IPb'IfBREST FtA'H'� �d�TLA. �tESULT IN �GHER PAYMENTS. ,�
<br /> .i:�-.-'Y
<br /> � DECREASES IN THE IIV7'ERESP MTE WILI.RESUI T IN LO�VIG&t PAX1G4!ENT�. �-��_
<br /> a:-
<br /> ; �<;-,._
<br /> '� ADDI7T01VAL COVENANTS. In addiuon to I��e cmverennts 3nc4 a�oesn��es mude in ihe Security Ia�trumeat, �:,:;=_
<br /> � �' Bonowu and Lender further covcaant andl agree as fotluws: ' �
<br /> �,�-;.�:
<br /> �n � A.IN'1'EItEST RATE AND MOPITHLY PAYNSIiPI�'CNANGES r°-
<br /> � ` `�_
<br /> Tbe Notc providcs for an initial interest rnae of 7.500 �iG, 'IIYia Not�e provides for changes in the
<br /> •�� intaest tate and the m.onthly paymenLS,as followQ_ _�_
<br /> � 4.IIdTEItFST RATE AND MONTHLY PAYf+AI:I�T CHANGFS
<br /> .. . �.— I�\l�L..�..�i1s��a
<br />�---=� �n��.wau6�o�.w -
<br /> . y 'Il�e intarst rate I will pay may cha►nge om th�fcrse dny of �1�av � 20�0 ,and on that day
<br /> ., � ev 12TH monih thereatica.Bac4a clao¢�on whi�my intcr�,e r.n�te�ouLfi c�ange is called p"�Change Dute.��
<br /> �Y
<br /> (B)T6e Index
<br /> � - Beginning with thc first Chstnge Date.my��„past rt�ie will 6e h�u�3 ot�an�I�ndex.'11�e"Indea"is:
<br /> THg WBPKLY AVERAa� YIBLD ON USIT.T�D STATES T�i.is.3,SURY :ECURYTES ADJU3TSD TO A
<br /> CpNST�INT MATURITY OI' 1 YBAR. 118 MF►D.R AVAILR�LE BY TFIE FEDFRX►T. RESERVE BOARD.
<br /> . ' .. >• • 'Itie most rocent Indwc�igure availab7e av o�'tt�du.LS:0 45 d�:�,,� 0_
<br /> ' :� . before each Changc Date is culted the"Currcnr,�ri�."
<br /> _.•, . .
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<br />��= If�he Indw�is no longer available,the IV�r,rs Holllea will choae a new uui�x tt��l�s based upon comparable infomiadon.
<br /> Tbe Nota Nolder will give me nodce of this chcuce.
<br /> �. '
<br /> . '� r (C)CAkulation of Clwnges
<br /> ..:;.. .
<br /> .�''� :t:".'> " Before each Change Daie.the Note Holdec wiDl c2�ai4�te my new intcrest ratc by adding _
<br /> _ • � TWO AND THRBB QUART�RS p�;T,r�t,mYuge point(s)( 2•750 �90)tp the C�arenl Index. _
<br />- � 'Itie Note Hekkr will then round the result of ttaz3 additonn to d�e �Nean:st � Neat I3n�yh:st 0 Neat Lowest
<br /> -.• . . onB sio� ( .izs 9b). =-
<br /> � Subject to d�e timits statcd in Sccdon 4(D)bcicRr,this ronndecl amo�cmt walli be my�cw interest rntc until the next Change --•--
<br /> ., Date. � ~�
<br /> } e��,:
<br /> 71�I�iote Holder wi4E 6hen dctemtictc thc ar:.v5va2 of thc montiihj puy�ttr,nt tfi�n2 would be sufficient to repay the unpaid `-T`
<br /> �-r.
<br /> • prinGipal th.at I�ne expected ta owe at the Chang�DaEC in full on�r mnU�rity dnte at my new intarest tate in subsiantially -
<br /> , � . , >r equal payments.'Ilta result of this culculation will l,�Ihc ncw amQUne��'r�y n�onthly paymen� -_
<br /> � (D)Limits oo Interest Rate Ct�ages
<br /> �� t Pleose check appropriaae bo�res;if no box is elv;cfced,the►e wili Ge no naaxrmum linut on changes.)
<br /> ? (1)'I1�ere wiU ba no maximnm limit on ina:cust rate chsu�a�s
<br /> xx (2)Tho intemst ratu I am required to pay ac ihc Cust Chun,�e�.W.�1c Wrill not be gceatcr than 9.5 0 o g�o
<br /> - - = --•---.�� e cnn nc _ -
<br /> _:_...:__�.-:....__. . __. (lilGl.lY�7A/ ...r�.. N.
<br /> [](3)My interest rate will never be increased aa dr,cmased on cjny single Ct�znge Date by more than
<br />' " TWO PfiRCENT pen:entuBe j��oint(s) ( 2.0 0 0 �'o) [rom the
<br /> � ratc of'nte.rest I havc 6een paying for thc proccding f�errio�• .,
<br /> . �(4)My interest rate will never be greater thun iz.50 0 %,which is callr.d the"Maximum Rate." .
<br /> _ THT "MINIMUM RATE" WZLL N�iVSk HH LHSS TN]lN 5.500t.
<br /> - INULTIQTA'tE ADJUSTABLC RATE RIDER•Singlo Fcntily B194
<br />- P�pw t ot 2
<br /> .. . � �•S��A1D108) VM�IAORi�AUE FORAIU•(00�11121.7291 lemil�: .,
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