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<br /> AI�JZJS�'A�L� RA�'E 1�I�E1Z 2oo2�sas - .
<br /> � _ (1 Year Trensury Index-Rate Caps) - -
<br /> � °� Ti 11S AL�]USTABLB RAT�RIDER is mude this 9TH dny of ApR I L . .,�,_:
<br /> �p. 1��7 ,ar.d is incorporated into and shall he deemed to amend and supplement the Mortgage Dced of
<br /> ,."I'�����'�q��' Tnaet c�r Security Ueed(the "Security Instrument")of the same date given by the undersignsd(the"Bonower")to :.'.�-
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<br /> ��� ¢ ci •��tl e o a s Ad' tnble Rttt te t e "N t " to �"y'"
<br /> ��y1�,� '��fn�c�n���6�e����I�e6 rr�'�oaa �noc�1e��oa��Or�i��la�l��d, Ne6nett, A Feder�l 9niise B�at r
<br /> �'at�1i11r11N+�7 �:�_'.
<br />' 'Y�' (thc:"L�,nder')of the same dute and covering the property described in the Security Instrument and located at: ---
<br /> - �`� 2��5?� F'� CHARLE3 dRAND ISLAND, NEBRASKA 68803-5803 )`.}�.�:
<br /> .} (Property AJdrccsJ ���s��
<br /> ' � THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHAN(3ES !N THE INTEREST
<br /> �' RATE AND THE MONTHLY PAYMENT. THE NQTE LIMlTS THB AMOUNT THE �
<br /> � ____ .__�� BORR�WER'S INTEREST RATE CAN CHANGE AT ANY ONE TIME AMD THE _ _
<br />_ MAXIMUM RATE THE 80RROWER IVIUS7 PAY. ---
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<br />. A,QDI'�IONAI.CO�NAIii'fS. tn addition to the wvena�us and agrecmcnts made in the Security Instniment, . -
<br />-'rs , .' .���, E�rnawer and C,ender further covenant and agrae as follows:
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<br />�,. a,,:�. �f,: A. ITdTiEIIiFST RATE AP1ID MONTHLY PAY1v1ENT C1�AN�ES
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<br />- ,,,l,;•,� �'•:,'_ ,:r:'�:',` ��3�S /.The Note rovides for changes in
<br /> �.,�r .�.`r.;,,�� r ThG Note provides for an initial interest rare of P _
<br />�s�;>;;:��r�,�:' � � d�e i�terest rate and the monthly payments,as follows: ___-
<br />};�;'�ir+�!:,., � =:,_
<br /> _�.�%<1r•��-s�r.c '` `�s 4.I`+ITEREST RATE AND MONTW.Y PAYMENT CHANGES �'`"'
<br /> ���r tii� �'- ��
<br /> � ��,"'' ,i ;A)Change Dat� 2002
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<br /> ��: r �— �i t1C li1lCTCtit filiC 1 ��tTT}�ity may a:�intit;c iui iuc�lI'S2 uaj v. •
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<br /> s�;;��,:• ���, dx��eveiy 12th month thereafter.Each date on which my interest rate could change is called a"Change Date." .
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<br /> -��;YK:ai.�,�� (Bj'II'he Index
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<br /> _,�%�.;.'�ty�?�' Beginning with the first Change Date,my interest rate wiDl be based on an Index. The "Index" is the wcekly
<br /> --- _ �-='�'��� ' uvc�rnge yield on Unitecl States Tm.asury securities adjusted to a constant maturity of 1 year,as made avnilablo by
<br />-��---=-'k-���.�� d��;Federul Reservc Board.Thc most recent Index figure av�ilable as of the date 45 days before each Change Date -
<br /> --��'!�Y]�� ifi ealled the"Current Index.'
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<br /> [f the lndex is no longer available, the Note Holder will choose a new index which is bused upon wmpara e _
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<br /> _���-�.•��i inf.ormation.The Note Holder will give mc notice of this choice.
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<br /> -_�, (C)CAlculatlon ot Chnnges
<br /> _- Before euch Change Date, the Not�Holder will calculate my new interest rate by adding
<br /> -��.� '�D percentnge point(s)( 2•� %)to tha Current
<br /> '°"" ;'� Index. Tlie Note Holder will ihen round thc result of this nddition to the nearest one-eighth of one percentege
<br />____- ��� point(0.125°�). Subject.to the limits stated in Section 4(D)below,this rounded amount will be my new tntorest
<br /> -��•,��1 rrtc until the next Change Date.
<br /> - - - - "-�° The Note Holder will then determine the amount of the monthly payment that would be sufficient to repay the
<br /> ----����� unpaid principal that I am expectecl to owe at the Change Date in full on the Maturity Date at my new interest rate
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<br /> -= ii�substanttally equal puyments.The result of this calculation will be the new amount of my monthly payment.
<br />__ _ __ "'���
<br /> " "_"' (D)Limtts on Interest Rute Cl�anges ---
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<br /> =__ The interest rate I am reqaired to pay at the frst Change Date will not be greater than 9.37 S �
<br /> �,���*� " c�less than 5.3 7 5 �.Thereafter,my interest rate will never be increased or decrcased or►
<br /> �T,�'��"����?�. :�ny sin�lc Change Aate by more than two percentage pc�ints (2.O�Jo) from the rate of interest I have been paying
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<br /> <.,.... '`: C, for thc prcceding twelve months.My interest rate will'►�ever be greater ehan 12.37 S
<br /> °��t-��°;���•=' ' �+ly interest rate will nevar be lower than 5.37596. '"'
<br /> -,'-,:i'�`1`� ��� (�) Ef7ective Date of Changes ��,
<br /> `_ ."'`"''�.' ," �'`'�� My ncw interest rate�vill 6ecome effective on each Chanfie Date. Y will pay the amount of my new monthly `_-_
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<br /> ':.��;,r�;•:" ��. '� payment beginning on thc first mvnthly payment date after the Chanse Date until the amount of my monthly [�._-
<br /> _ °�,;'��,;�; ' paymentchangcsagain. ==
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<br /> �" (� Notice ot Changes � '.
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<br /> ,�'�t'�� -�: The Note Holder will deliver or mail to me a notice of any changes in my interest rate and the amount of my F
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<br /> ' , �. ;� '' be given mc and also the title and telephone number of a person who will answer any question I may have �i :
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<br /> � �`r�y, � MULTISTATE ADJUS7AOLE RATE RIDER-ARM 5-�-Singlo Family•fonnle(Nae/Freddle Mac h7nFfarm Instrument
<br />-- Form 3171 3/8b
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