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<br /> -� �° ��'� ADJUSTABI.E RATE RIDER --
<br /> " `' li YearTrcasury Iadex-ltate Caps) 20028297 _ Y.
<br /> r - ��- it�� _
<br /> �,'�' � THIS ADIUSTABLE RATE R1DER is mndc this 2ND dciy of �GT��]ER , __
<br />_•�,V�;.� 1�9B .� is irtcuryuratrJ intu u��d bl�all ix dcemcd tu amcnd:uid�;upplc►nent tha AlottIIaga.Ac2d af �
<br /> -�'- Tcust or Security Dcesi(the"Securtry Instn�ment")of the s�une dute given by the undersigned(tho "Bula�owvr")ta
<br /> secure the Borrowcr's Adjugtable Rate Note(the"Nute")to
<br /> -r - Tde aQdt�ble!�ildi�E�id tou A�iocittio�oi ar�od lal��d� 11e0rtata, A Feder�t 8ori�de bi�t
<br /> (the"Leader")of the sume dare urtd mver�ng th�property described in the Securiry Instrument und locatcsi at:
<br />`.`'��� ' 1822 W JOHN S1' QItANID I SI.AND, NE�RA3KA 68803 -
<br /> ,a=�;i;;:1
<br />"�•:'�i.-,:' (Propetty AddrcssJ
<br />�'�t�'`� THB NOTE CONTAINS PROVi310N8 ALLOWINti FOR CHANa�S IN Yt1E INTEREBT
<br />�rt�' �-
<br />:_�"` RATE AND THE MOt11THLY PAYMENT. 1'HE NOTE LiMITB TM�C AIUIOlIWT THE
<br /> =�;,��=�;'' �ORROYHER'S INTEREST RATE CAN CHANCiE AT �lR1Y At�1C 7iME AN� TW�e
<br /> -:��.±� MAXIMUM RATE THE BORROWER MUS7 PAY.
<br /> ---�.�a
<br />—�-==��� _
<br />_.-�-;§��.� ADDITIONAL COVENAN'rS.In addition to the covenants and egreements mada in the Securi�y Instiument�
<br />-_:..�,�;� Bomuwer aad Lender fiuther cuvenaat and agree as fallowa:
<br /> 'i����
<br />_.---°- A.IIVTEREST RATE AND 1VdONTt"�I.'k�PAYIVIENT CHANt#�
<br />_��:: , .
<br />.��'�'his'_�_�`� 6.62S
<br /> — The Note provides for an inidal interest rate of 5fi.Tt+a Nota providas for changes in
<br /> � - the lnterest rate And the�uonthly payments,as followa:
<br /> - �� - 4.INTEREST ItATE MTD MOIVTHI.Y PAYMENT CHANGT�
<br /> (A)ChangeDates ?a0`J��EER , 2il�3 .a;cd�ur��tpst
<br /> ' The interest rate I will pay may cAange on the ncst day of
<br /> - - day every 12th month thereafter. Fsach dm3e on which my interest rate could chaage is called a�"Change Uate."
<br /> - B)17►e Index
<br /> Begianing with tha�irst Change Date.my interest rate will be basad an�CW.^�ea. The"Index"is the wcekly
<br /> average yield on Uaited S2Atea Treasury securities adjusted to a coastant matwzY�aF 1 year.as made available by
<br /> the Federal Reserve Horu�.The most recent index figure available as of the date 45 days befoie each Change Date
<br /> ts called the "Current Index."
<br /> If the Index is no longer available. the Note Holder will choose a new iadea which Is based upon ooa►parnble
<br /> infonnation.11ie Note Holder will give me notice of this choioe.
<br /> (�Calculatton of Changes
<br /> Before eac6 Change Date,the Note H�1der will c�lculate my aew interest rate by edding
<br /> -----__ '�'?p Fe�nta�°�lntts?( 2.00D �)w the Glirrent
<br /> Index. The Note Holder wili then ronnd the resWt of this addlit3on w the nearest one�eighYb of one perceatage
<br /> point(0.125�). Subjecx to the limIts stated in Section 4(D)be1Qw.this touaded amount wil!be my new interest
<br /> rate until the next Change Date. , .
<br /> ' The Note Holder will Qhen determine the amount o�.tPte pwoatR7y,payment that woWd be su�cient to ttpay the
<br /> � iuipaid p�ic�clpal that I am e�ected w owe at the Change Date�im tull on the Maturity Date at my aew interest rate
<br /> � in substsntl�tly aqual payments.The�esult of this calculation witl be the new aznouat of my momhly payiaent.
<br /> __;��� �
<br /> � N)Ltmits on Itngemst Rate Changes
<br /> . The_lr�tet�st rate 2�,aa�xequired w pay at the first��gc Date will not be greater than 8.62 5 �D
<br /> � or less thai�� q,�,a$. %. Therea�ter,my iuterest rate will aever be inrre�sed or decnased oa
<br /> -- - - -- •� any singte Chan�e L�ate by more than two percentage points(2.0%)from the rate of interes8�h�ve been payln8
<br /> ---- for the preoeding twr�tve months. My interest rate wull never be greater than �1.62S `r0•
<br /> -� �-•� My interest aa�e wi 11 never he �ower than 4.6�g96. ,
<br /> :`a?� ' (E)Eftecttve Date'o�Changes . �, �
<br /> -s;°;ti� , .
<br /> �_"=...<,� My new�intereat rate wlll bacome effective on each Chaug�Date.S'wi1I pay the amount of u�y new moadily
<br />-= a='�'-"� �,.pai,,�ent beginring on the ficst moathly payment date after rS�e Change Date untit the atno�nt of my monthly
<br /> �
<br />-��'- - - • payment changes again.
<br /> ,,-T
<br /> (�Natfoc of Ch:wges
<br /> 'I'#�"`�.` � The Noie Holder will deliver or naail to me a notice of any cha9nges in my interest rate�d the amount of my
<br /> -- -- _..., ,--�--�- :�_._.. �..:_..�..�e,....
<br /> -_ -' .�":� moAtlfiY paYment uefoTe tne eiiec�ive daic ui tf[ty�ittttiga.i ttc utiiio,c wu�uniuuc uuvuuauisi.s�yvuw� .�:....�
<br /> �F•-..�_�-,: be glven me and also the dde and telephone number of u person who will answer any question I may have
<br /> " :� regarding the notice.
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<br /> , • � MULTISTATE AII�IUSTABLE RATE RiDER-ARM B-2-Stngte Famlly-FenMe Meelkeddis Mao UnNortn In��g : ';
<br /> -��`,•°"• Fortn 3111 3186
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