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�...:::,;w� �:__ -...'...� ..'_-.��:.: : 'i� _ - . . ._ _ .. , � -. = -. '.x:.�C,r- ----- . '?'�G��tlAE�d»"�R'� �.a.•... _. + , _� - - :�e-��11'�';:l.i��,0'r�K.••- .. • _� � ..`.., -�:''�yr��..�.. __ - � �4iy f'r_... _._ . . • 97- �.�4f'�4� ADJUST,ABLE RATE 1�IT�ER 200279'l3 __ (1 Year Treasury Index-Rate CApe) _ 12TH d�� of JUNS ,�9g�'HIS ADIUSTABLE RATB RIDER is madc this y ,and is incorpotatc�i into and shall be�rx�ned to amcnd and supplemcnt the M�rt�e�e, Deecl of Trust or Sccurity Beed(thc'Security Instrument")of thc samc date given by the undcrsigned(the "Bonowcr")to t��qd�tibls`�ii��esia�U�oin�`�iioc�Iat�oi��I�GnnBt�s�ia°d, Mebra�kt, A �edecal S+�o[ogo t+�ek (the"Lender")of the sama date and covering the property described in the Security Instrument and located at: 2525 MILL RIVBR RD GRAND ISLANA, NEBRASKA 68801-7372 _ . �Property Addrcssj THE NOTE CONTAINS NROVISIONS ALLOWINO FOR CHANfiES IN THE INTEREST RATE AND THE MONTHLY PAYMENT. THE NOTE LIMITS THE AMOUNT THE BORHOWER'S INTEREST RATE CAN CHANGE AT ANY ONE TIME AND THE MA7CIMUM RATE THE BORROWER MUST PAY. �D'liTIO:'AI.COVENANTS.In eddidon to thc covenants and agreements made in the Securily Itistrament, �- Bonower and Ixnder further covenant and agree as foUows: A.INTEREST ItATE AND MONTHLY PAYM�EN7 CHANGES The Note nrovides for an initlal interest rate of 7•a�5 g�.The Note pro��ides for changes in _ the intcrest sate and t�ie monthly puyments,as follows: 4.INTEREST RA7'E ANU MOIVTHLY PAYMEN'P CHANGES !A1(F.s�nue Dates �a;��a t2�.wG The interest rate I will pay may change on the firsc day ofT'��Y • ?� day every 12th xnonth thereafter. Each date on wluch my interest rate could ct�or.{�e ia cald�a"ChianBe Date•" (B)The Iadex Beginning with the first Change Date, my interest rate will be based on nn Inde�.•'fhe "lndex"is thc wee):['�+ average yield on United States Treasury securities adjusted to a const,3nt►nari+city of 1•yettr,es made available by the Faleral Reserve Board.The most cecent Indox figure uvailable as of the dute 45 days b�fore each Change Dat� is called the"Current Index." If the Index is no longer available,the Note Holder will choose a new index which is basacl upon comparable inforn�ation.The Note Holder wiU giv¢rne notice of this choice. (C)Calculatlon ot Chxnges �re�ach Change Date,the Note Holder will calculate my new interest rate by adding ��to the Cumnt percentage point(s)( Z•� Index. The Note Holder will then round the result of this addition to the ncarest one�ighth of onr,percentage point(0.12596). Subject to the limics stated in Section 4(D)below,this roundal amount will be my new inurest rate until the next Change Date. The Nute I�older will then determine the amount of the monthly payment that would be sufficient to cepay the unpaid principal that I iun expected to owc at the Change Datc in full on the Matucity Date at my new interest ratc in substantially equel payments. The result of this calculation will be the new amount of my monthly payment. (D)Limits on Interest Rate Changes The interest rate I am required tv pay at the first Change Date wil l not be greater than 9.8 7 5 � — or less than 5.875 9b.Thereafter,my interest rute will nnver be increased or dxreasal on _ any single Chunge Dace by more than two p:rcentage points(2•076) from the rate of interest I have been�ying for thA preading twelve months. My interest rate will never be�rcater than 12.87 5 Hq interest rate Will never be laWer than 5.875Z. (E)EtYective Date of Changes My new interest rate wiU become effoctive on each Change Date. I will pay the amount of my new monthly — _� payment beginnin� on the first monthly paymcnt date after the Changc Date until the amount of my monthly ° payment changes again. (�Notice of Changes �,�fun►e Holder will deliver or mail to me a notice of any changes in my interest rate nnd the arr�ount of my = monthly payment before the effective date of any change.The notice witl inctuae iniormation roqui�ui oy�u::�� � bc given mc and also thc title and telephone numbcr of a pecsm� who will answcr any question I may have — re�arding thc noticc. ° MiILTISTATE ADJUSTADL@ RATE HIDER•ARM 6•2-Singlo Femily•Fmni�NiN/Fnddi�M�c Unitorm I�strum�nt — Form 3111 3/86 — _ �$2�183061 V MP MONTGAGE FORMS•1800�521�7481 � RmteA on McvcVa P� m � � .r' .. . '� `� _ _ -. _.--- _. _ _ � ---'— .�......,.��...... ^---�vrr��.:. aR.�'-=- ---