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<br /> � APDL$ 001-7031'1028 -�: —_` ,�•,.�.
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<br /> . �.. `` . ` AI�J�J�TA�I.E 1�A1'E RIDER. _ . . �:.t �
<br /> •.! 25T� dg APRIL , 1997 ��td is �::.s_`=: ��,G`'
<br /> --^� 1WS AU111�'I'ABIE i�ATE RIDIIt�s tnadc dris Y� , . . .
<br /> .. incarpntated'mto and shall Ir$deemed m ameacd and supptemeat the Mars�age.Beed of Trost or Se�uitY De�d(the'SecuritY ; .
<br /> . Ins�umeat)of the sarne date giv�by the aadasigned(the°�onow�to s�curc Barmwer's Adjustabte Rate Nore(the � . ,
<br /> . "NoFC'�� 6 • ` i :. .
<br /> • " HOMS FSDERAL SAVIDIGS dc I�QAN ASSOCIATION OF (3R]�ND LSI.AI3D .
<br /> . ,_ ( (the°Lender")of the same f�ate aad oovering the pmpeity desa�ed in the Security insaiument and located at . • :
<br /> • , � � 611 SODTH CLARK .
<br /> • . agpNp IgI,ANp. IJgBRASKA 68801 � .
<br /> [pmperty AddnrsJ --. ....
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<br /> .�.� TfQS NO'i'E CONT�fiNS PROVLSIONS ALLOWING FOR CHANGES IN 1NlY INTERFSf RAT'E ANA MY
<br /> • . . -• MORI'f'Hl.Y PAYMENf. IIYC@El�SES IPI T�INTER�4T RA7'�WD.L RF.�Ui.T EA1 �GHER PAYN�.M!'S. : �; ;;�
<br /> ���': DLCREASFS iN T�II�'SE1�ESf RATE�.L R�SULT BY LOWF.R PAYIV�N7'S. , f . ..
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<br /> � ADDTiTONAD.COV�NARITS. In additian to the covenants aad �ee.meats made m the �y ��►�. :•:,�.;•;.
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<br /> < Buuower aad Lcand�faither cov�ant and a�ee as fo]Iow� � • � � •�• 'r" '
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<br /> A.INTERF�T RATE AND M4�!t'3'HLY PAYN�Pr CHAriGFS ``'• Y„•.•�;
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<br /> , '" �.soo �90. 'tlie Note mvi��changes m the `.. ,";
<br /> . :<, � The Note gtavides far aa•initial intr�est rate of P . ��.
<br /> � �� intrrestiate aad the monthlY pa�'�Lg.a4 follows: _ �:�• ,:
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<br />� . � --- ` i 4.INTERESI'RATE AND M2DtrTHLY PAYNffi�l'P C�IAAIQ'rES � s•�_•�,�
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<br /> . z (A)CGange IIy� � - 3�
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<br /> . , f,;:... '. � �y , 2000 ,andanthatday Y '
<br /> 't.,::s,••.' 11te intedest iate I w►�1 p3y�i w.aage��te first day of '• '� ,,`.:
<br /> �. �'"'��Vr1�.r.. rate coald chan e is c��a"�ge Date." �r��� ��
<br /> ,':�.� ..}. every 12TA month th�.P2ch d�aa whic�my ctt�t g �4' _
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<br /> Beguining with the first Change Daie,my iat�erest rate�be based on an Indea.'Il�e"3ndes ix a ,
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<br /> , . "'; T8$ WSERLY AVERAC3$ YIBLD ON IIPTITED STATES TREASURY SHCUItITES ADJII3TSD TO A �i�•�'
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<br /> `�#. CONSTANT MA+ORITY OF 1 YEAR. AS MADE AVAILABLE BY THE FSDSRAL RESER�'� 8011RD. :,�,."��.;':�•' -',*'',+
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<br /> `��.'��. �` �a most�eceat Index f��saflable as of the dare: 0 45 days ❑ �,� k..,s�,r�r n
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<br /> , . IP the Indea is no longea ava�ab�,the rii�Holder will choose a aew inde�that is based upon ca�pazable�f�na�oA. i�;�: r..:
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<br /> ' ' ;� 'ihe Note HolGerr w�,S�give me noSce of this�r;ce. �f''.: ':: f:'•�';'g-
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<br /> . (�Caicatation of Chang�
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<br /> '��� Before each�nge Date.the Note Hol�er w�l calculate my near int�st rats by adding
<br /> • T�ao A�m T� 4�� pacentage point(s) ( Z.�50 �90) to the Caaent Indea. �' � ' �
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<br /> The Note Hoidea w71 then ro���result of this addition w the 0 Nea�st �Ne�t Highest 0 Next Loarest .
<br /> �� . oxa aic� ( .ias %). . :.. .
<br /> S+iblect to the 1im�s stated n Se�ion 4(Dp t5r�na+,thls rounded amount will be my aew inteaest rate�61 the next Chat►ge • , ,"��{::�`}"" ,..
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<br /> �:�J, 'Itie Note Ho'.des will t�e�d�ermiae d��ount of the monthly paymca►t that would be sv��to repay the tmpaid • .
<br /> �c: priacipal that 1 am expected tm o�rc at the G�ngc DatE in full on the maituity date at say new inaerest rais in substantialty . �;;:;:;;. � .
<br /> , ' `:.;.`, : eq�al payments.'i�e result of ttds calcutation will be the new smount of my monthlY DaY��� � �.`` � �
<br />-,��;t` . N)LimiLs oa Interest Rate C6anges � ' •
<br /> � ' ease check app�opsiote bnxes:if rta bax Ls checked,the�e w}l!be no ma�im►im limit on chonges.) (� . � .
<br /> ' " � �(1)7hae wUl be no maaimum limit on interest tate changes. . � : .
<br /> � (2)The intcdcst ratc 1 am required w pay at the first Change Date will not be greatea than 9.5 0 0 �Jo . ,
<br /> � ' OT�¢SS th2D S.500 %.
<br /> Q(3)My interest rate will never be increasod or decreased on any single Change Date by mare than . �
<br /> � .� . � THto PERC�[3T perccnrage point(s) ( z.o00 %) from the �
<br /> - rate o t�xest 1 have ber,n paying for the prereding p�iod � .
<br /> . �(4)My interest rate wiIl never be greater than 1z.500 �'n.which is called the"Mauimam L�3te." . • '
<br /> : . THS "MINIMQM P.t�TE" WILL N�+VSR BE LE9S TFIAN 5.500�.
<br /> � PdULfl9TATE ADJUSTABLE RAT�RIOEB•Singte Family 0184 .
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