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.,..;.� - . ...:. . _.�_ - . .. " 'a��f` _, � :.�._�._ .v�.:t�1R'P�'n`,.�.,uN+a•r„= - �._. .,' i{ �---•_----. ._. y�y, ( L�•'��, _ . �._.. ��$�4"4r�i^�':R, o �i1r�k41._�.c�_i?'�a.,...�.,. . _- . ' ' 97'.. 1U�464� � � � � ADJ1USTABL� RATE RII�ER (1 Year Tre�sury Indrx- it�te C�p91 200279a2 _ �9'�jS ADIUS'CABLE RRT�R1DER is madc this 13TH day af JUHB • c y� ,uiw1 is i�xni-po�•atccl iuw a►tid sl:all bc d�.mcd to a�ncnd:�nd tupple.�nent the A�ortgngc. Aad of Tnrst or Security Deod(the'Socurity Instrument')of the same date given by the undersignod(the "�orrower")to � re t��irolvkr' Adjustable Rate Note(the`Note")to '�e �q� ti ie �rtld�i�� a�l Lou As�ocli�to� of Criod I�l�d, Itlra�ti, A ledettl S�rlq� la�k (thr"Ixnder")of the same date and cavering ths property described in the Security Instrtinknt and located at: 115 E 1�iT�i ST G1�AND ISLAND, NEBRASKA 68801 �property Addrcss� THE NOTE CONTAINS PROVISIONS ALLOWINti FOR CHANGES IN THE INTERES7 RATE ANO THE MONTHLY PAYMENT. YHE NOTE LIMITS THE AMOUNT '�HE BORROWER'S INTEREST RATE CAN CHAHGE AT ANY ONE TIME ANI� THE MAXIMUM RATE YHE BORROINER MUST PAY. ADDITIONAI,COVENAN'I'S.In addidon to the covenants end agrcemcnts m�le iu Q�e Security instrumcnt. Horrower acxllL�ender further covenant and agrce as follows: A.IIVTBRF,S'T RATE Al�'D MONTIII.Y PAXMENT CHANGFS 'The Note provides for an Initial interest rate of 7•7 50 %.The Note provides for changes ta . � the interest rste a��d the monthly paymenu,as follows: 4�1NTEREST RATE AND MONTEQ Y PAYII�NT CHANGES (A)C�tU,;c Dates ' ��:. ,r.•�or.tl�. 'I1�int�rest rate I will pay may change an tiu 6�s[day oi �'►�'�� , = � °� day every 12�h month thereafter.Each date on which my interest�t�e could change is called a"Change Date." (B)T6e Index Beginning with the fitst Change Date, my inrerest rete will 6e based on an lndex.The"[ndea"is the weekly • , average yield on Unitod States Trrasurp securides adjusted to a constant maturity of 1 yrar,as m�de available by the Foderal Reserve Board.The most recent Index figure available as of'the dau 45 days befon cach Change Dstc is called the"Current Index." If the Indtx is no longer available,the Note Holder will choose a new index which is basod upon oom�►Arable inforniation.'The Note Holdcr will giva me notice of this choice. (C)Cx�cuilatlon of Ch�nges Before exh C."tiange Date.the Note Holder will calculate my new interest rate by adding 11i0 percentage po+nt(s)( 2.00Q 96)ro the Cl�irrent index.The Note Holder will thsn raund the result of this addition to the n�s�rest ont�ighth of one pementige point(O.1Z5�). 5ubject to the limits stated in Seccion 4(D)below. this rounded anwunt will be mY new interest rate until the next Change Date. Tbe Note Holdor will then determine the amount of the monihly Qayment that would bc sufficient t�repay the unpaid principd that I am expected to owe at the Change Date in full on the Maturity Date at my new intenwt rate in substanti�lly equa�payments.The result af this ctilcti�lation will be the new amount of my monthly payment. (U)Umlts on Interest ltate Ch�nges 'The intercst rate I am required to pay at the first Change Date will not bc greater than y��50 % or less than 5.7 50 `�.Thcn�fter,my inte�est rate will never be increasal or decr�uacd on any singie Change Date by more than two perantege points(2.096)from t4�e sau of interest I have boea paying for the p�ceding twelvr,months. M�intemst ratc wil!ncver bc greater than �Z�7 50 �' My inCerest rate Will never be loWer than 5.750X. QE)ERective Dwte of Changes My ncw intcrest ratc will become cffectivc on ca.h Changc Date. I will pay the anwunt of my new monthly paymrnt txginning on thc first monthly payment date after thc Change Date until the amount of my mos+thly PaYment changes again. (Fl Notice of Changes The Note Holder will deliver or mail to me a notice of any change.s in my inter�.ct rate and the amount of my _J L.t� monthly payment before the efTecuve date of any cnange. IQC t10ItCZ wiu itx:iuuc nuui�oaiivn icyeiiw v� �a.:2'v be given me ancl also thc titic and tclephone nutnber of a person who will answer any qucstion I may have _ r�egarding thc noticc, — MULTISTATE AWUSTABIE RATE RIDER•ARM 64•Single Family -Fr+r�M�e/Fn�fdi�M�c Unitam InstrumM+t Form 3111 3J86 _ ��Z�IB3051 �'MP MOpTGAGE 1'OHMS•IB00�521•i291 �Pt�ntMOn Mt�'UMP�qr . �, � .�