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•� ' . . rw�i,1"��'(AY���'�a'�1w^ _.`- "_ '_— " .:.�=" <br /> '1. -✓V�.'�G:��I n <br /> ``1 �y� y�`. . .' . _�..........,_...e._..._. -..,._..w.i+:�S'..e':.'Y... <br /> � '.��(1 .� � ,y;�� ' -•-- <br /> ':iC���fS�6.7!+ �y..- <br /> .,� H/V�1�� illnfia�t. <br /> .:� _.N. <br /> �liEB�suerYi��e+ru- <br /> . ., . �.,r.;r:��._.''i�`"�';';!HH+i��tr'.'rkd�q��.�= ��•`{. <br /> . ._ _- - � . ,_ _ �� --...� _�_°---- <br /> ___ __ _ _ _ _ _ <br /> 11PpLN 0�3-7070lO30 <br /> . 9T_ 1�p7148 <br /> ADJUSTABLE RATE RIDER <br /> THJS AAJ�7�'CABL.B RATB RIDER i!msdE thL't 25TH d8y c�' AZTdU3T � 1997 �atld i� <br /> lncorpoc'�►tad inta m►d s�a116c daemed w amend and suppkment tha Mortgage.Uood of Tcust or Security Deecl(tho"Sxurity <br /> Inatnimant")of itie ttaaxs date given by the undersigned(ti�e"Borr�wer")to scc+ue Borrower's AdJu:tabla R�te Note(the ...- <br /> "Nptts")to HOME FEDERAI, SAV7.�ICiB i� LOAN A9SOCIATION OF aRAND YBI,AND <br /> (�ha"Lender")of d►a same date end coverIng tha propcity descrllxd in the Securlty Instrument and bcated at: <br /> 421 BA6T 14TFI BTRBET <br /> altANp IgLANU, izEBRABRA 68801 <br /> (Proparty Addrot�� <br /> THIS NOTE CONTMVS PROVISIONS ALLOWING FOR CNANQr�S TN MY INTER�ST RATE AND MY <br /> MONfHLY PAYN�ENT. INCREASES IN TNB WTEREST IUTE WI41, ItESULT D�i 1iIG�iER PA,YMENTS. <br /> DECREASFS IIY THE INTER�ST IlATE WI4L RBSUI.T IN LOWER_PAYM�NTS. <br /> ADDITIONAL CO'VENANT9. Tn additjon to tl� covetiantt and egrecmt�us made in tbe Sectuiry Inswma�t, - <br /> Borrowa and I�eader furdtier coven�at and agzee aa follo�ws: <br /> A.INTERFST ItATE AND MOIVTHLY PAYMENT CHANGES <br /> 'IT�e Note provldes for an inidal lntarst rate of 7.500 96. 'Ibe Note pmvides for changes in tLe <br /> inte�t rete e�ad tbe monthly payments,as follows: <br /> 4.INTERFST RATE AND MONTHLY PAYMENT CHANGES <br /> (A)CbanRe Datea <br /> 'it�e intacst�at�e I wUl poY maY chan8e on tue firat day of SEPTBNIDSR � 200Q .ond O�I th�t dty <br /> �rpry 7.1Tx month d�eafter.F.ach d�te on wdkh my intaest ratc mould change b cAlled a"Chenge D�te." <br /> , (H)Tbe Indac <br /> beginni,�wiiDt the fnst Ch�nge Ast�e,my iatereat rate wlll bo ha9ed an�n Inde�c.'Che"Indeac"is: <br /> THS WBEKLY AVBRAC�E YISLD ON UNITEL 3TATS$ TREASUftY SSCCTRITE3 ADJLJfiTLD TO A <br /> CONSTANT MATURITY OF 1 YEAR, AS MADE AVAILABLE BY THE F'EDERAL RBSSRVE 90ARD. <br /> 'It�e mo:t recent Jndex figura available As of tha d�te: 0 45 daye ❑ <br /> • bafao wch Change Data is called the"C�urent Inde�c." <br /> It tho Index is no longer availabk.the Note Holder will choaaa a new indea ttwt is ba�ed upon canparabb inforrt�ation. <br /> �Ihe Note Holda will give me noti�+of this choke. <br /> (C)Caknlatbe ot ChROgee <br /> Befaa each Cl�ange Dato,the Noto No1de7 will calculate my new intaest iate by adting <br /> Two at�n Txxs�e Qvr�tTBRS yaca�tnge point(s) ( 2.�so �) co tt�a Cument tndwc. <br /> 'Ihe Note Hnlaer wlll then round the result of this addltbn to the 0 Neacest []Next Highcst 0 Nea�t Lowat <br /> ars sic�r�tt ( .iss �), <br /> Subject w tha limita statod in Soction 4(D)l�elow.this rounded arnount will be my new in�rate until tha nwct Chsn►ge <br /> Dmte. <br /> Tha Notc Holder wiU then deDe�mine the amount of tha monthtY I�Y�t�at would be sufficient to npsy tha unqkl <br /> priu►cipal thu i am expoeted to owe at tha Change Dat�e in fuli on the mawciry date�t my new intemst rate in substantLlly <br /> ' equal pay�oa�ts.Thc result of thig cak�lAtlon will bo the new amount of my monthly paymen� <br /> (Dj Limtte oe lnterest itate Ciwnges <br /> ase cluck appsop�fate bo�res;if no box ts checkid,d�ere wfll be no maadmum(imat on clianges.) <br /> (1)'Iliere wiit be no m�cimum limit on interest rate changes. <br /> xx (2)The inurest rate I am requircd to pay at the first Ctiangc Date will not bo greatu than 9.5 00 9b <br /> pr�q�p 5.500 96, <br /> [�](3)My interest iare will naver be incm,ased or dacrcasad on any single Ci�ngo Date by more than <br /> TWO PBRCENT paCentage point(s) ( 2.000 gb) from the <br /> rata of intaest I hava been paying for the proceding pertod. <br /> Q(4)My tnUxest rate wlll never be greater than �2.5 0 0 96,which is called the"MaxLnum Rate." <br /> THE "MINIMZJM RATE" WILL NEVER BB LEBS THAN 5.500i�. <br /> MULTISTATE ADJUSTABLE RATE RIDER-Sinple Famiiy �►a4 <br /> P�p�1 of 2 <br /> �•��9A(Y�01) VMP NORTa1106 FOHAAB•(�00�621•72Y1 InRialr. <br /> `r� . � : <br />_•w� <br />:�� _ <br />