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20120476� <br />ADJUSTABLE RATE RIDER <br />THIS ADJUSTABLE RATE RIDER is made this 7 t h day of J u n e , <br />2 012 , and is incorporated into and shall be d�med to amend and supplemern <br />the Mortgage, Dced of Trust or 5ecurity Dced (the "Security Instrument") of the same date given by the <br />undersigned (the "Borrower") to s�ure Bonower's Adjustable Rate Note (the "Note") to <br />Home Federal Savings and Loan Association of Grand Island <br />(the "Lender") of the same date and covering the Property describeri in the Security Instrumern and located <br />at:715 Joehnck Rd <br />Grand Island, NE 68801 <br />[Property Address] <br />THIS NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN MY <br />INTEREST RATE AND MY MONTHLY PAYMENT. INCREASES IN THE <br />INTEREST RATE WILL RESULT IN HIGHER PAYMENTS. DECREASES IN THE <br />INTEREST RATE WILL RESULT IN LOWER PAYMENTS. <br />ADDITIONAL COVENANrS. In addition to the covenants and agr�ments made in the Se,curity <br />Instnunent, Borrower and Lender fiuther covenant and agree as follows: <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />The Note provides for an inirial interest rate of 4. 750 %. The Note provides for <br />changes in the interest rate and the monthly payments, as follows: <br />4. INTER�ST RATE AND MONTHLY PAYMENT CHANGES <br />(A) Change Dates <br />The interest rate I will pay ma,y change on the 1 s t day of J u 1 y , <br />2 017 , and on that day every 12 month thereafter. Each date on which my interest a�te <br />could change is called a"(;hange Date." <br />MULTISTATE ADJUSTABLE RATE RIDER - Single Family <br />� 899U (9705).01 1/97 <br />Page 1 of 4 Initials: <br />VMP MORTGAGE FORMS - (800)521-72 <br />