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... . . . : . ,. ./ `� _ <br /> '!� � •�„ �y�w�.�.,s.• .,.-._; . �'-' . . '.'.�.,.y i+_',T. c. <br /> . :f;E•'t!?':�'� .�:'. <br /> � ,t. .,: . •'. . '�.'= , .. 3'r.��y=$+�.�.i�'• if=�.r�r%' ri�Gi�:��sd�..a - <br />.:�.•i�� �+��� �'��,�.�.,,s , orrrr�o�r���.,. .�...o .�_.� ----- -- <br /> r�� �� _ <br /> ___-____"_'__ _.. <br /> _ . <br /> __-_ <br /> '"___ <br /> _. <br /> —_—_ <br /> . - <br /> 11PPLN 001-70916020 <br /> . <br /> . � g � �a �%s�s� <br /> ADJLJSTABLE RATE RIDER <br /> THI5 ADNSTABLB RATB YiIUBR l+m�tlo chis �9TH day of REI+TEMDER , 7.99� ,and h <br /> IncnrpontoQ into uid ehAll bo deemod W anend and wppkment tho Matgago,DaQ of'Trust or Socuri�y Aoed(tho"Sccu�ity <br /> Instrumeat") of�w s:u�w d:tc 8ivcn by thc undcrsigned (the"Bcxmwcr") to sccuca Dorrowcr'R AdJustebla Rata Nota(tho <br /> "No4e")a <br /> HOME FBDBRAL BAVIN08 4 LOAN A980CIATION OF ORAND I3LRNA <br /> (ihe•,Lender•,)of tho sema d�ta u�d coverI�g tha pmpertY descdbed in the Securhy Instrumcnt end locatcd e� <br /> 503 NORT}t RUBY <br /> pRAND ISLAND, NBaRA9IW 68803 <br /> (ptoperty Addrou� <br /> TwS NOTE CONTAIIVS PROVISIONS ALLUWING FOR CHANGES IN MY WTERF.ST ItATE AND MY <br /> MONTHLY PAYMENT.INCREASF«S IN THE INTEREST RATE WILL RFS[JLT 1N I�IIaHER PAYMENTS. <br /> DECREASES IN THE INTEREST RATE WILL AFSULT IIV LOWER PAYMENT�. <br />' ADDI'TIONAL CUVENANTS. In addidon w tha covcnantx and a�rrecmenta mtKte in e6a Security lnsuument, <br /> g�r�,oWU pnd Lender further covertant and agroe as follows: <br /> A.INTEREST MTF.AND MONTHLY PAYMENI'CHANGES <br /> 'It�e Nate provides for an initial inurost ratc of 8.5 0 0 96. 'lbe Note provtdes fa changes in the <br /> inu.re.st rnte and the manthlY PaYmentg,es follows: <br /> 4.I1VTEltEST RAT�AND YVIONTHLY PAYMENT CHAN(iES <br /> (A)CL�aQe Dnks <br /> Tho yutcnyc rato I wiU pay may chAnge on tha first day of oCTOSER � 2 0 0 0 ,and on that day <br /> avery 12 Tx month thereafta.Eech date on which my int�erest rete could change is called a"Change Dau.' <br /> (B)Tl�e Iadac <br /> geginninB wlth the firet Changa Date.my interest rate will be b�ed oa an Indwc.'!be"Index"is: <br /> TFIB WESlCLY AVERACiE YIELD ON VNITBD STATEB TREA9URY SSCIJRITB$ AD�]VSTED TO A <br /> COHSTANT MATURITY OF 1 YEAR, AS MADB AVAILABLB SY THS FSDERAL RE9BR1/E 80ARD. <br /> 't7ra most reoa�t Index figuro availahb s4 of the data: � 45 days❑ <br /> before each Change Date b calkd ttie"Cu�rent Indox." <br /> If tl►e Index ia no lang�r avaflable,the Note Ho1du wlll choose a new index that is based upon companble infame.ti�on. <br /> 'Ihe Note Holdu wiU givo me nodca of thia choice. <br /> (C)Cpkui�tb�ot Chan�es <br /> Befora each Change Date�the Nou Holder wW calculate my new interest rate by�adding 96)to Ur Current Indwc. <br /> THRSB AND THREE QUARTEAS pUCCtlla$C pOltit(8)( <br /> The Nora HoWa will tha►round the result af this addidon W tha Q Neares� �<�x��8�t 0 Nwct Low� <br /> oNe s=mt�t <br /> Subject to the limits staud in Secdon 4(D)below,this rounded emount wUl ba my naw interest rate until the next Glwngo <br /> Ifate. <br /> '1]ie Nole Holder wlll then detenninc tha amount of the monthly payment�hat would be sufficient to rcpay tl�a unp�id <br /> prir�cipAl that I am expectecl to owe at the Changa Date in fult on the mawrity date at my new intaest rate in substandally <br /> oqual paymerits.'R�e result of thi�calculadon wlll be the ncw amount of my monthly paymen� <br /> � (D)Limjm on Interest Rate Chan�es <br /> P ose chtck appropriate bor.es;�f no 6ox is cJucked,thtre wili be no n:aximttm lfmtt on changes.) <br /> -- �(1)Thae wW be no maximum Wnit on�nterest rate changes. 10.5 00 96 <br /> xx (2)The inta�est rate I am required co pay at the first Change Date will not be greater than <br /> - or les�h,an e.s o0 96. <br /> ���.«.�t....L('6awn�Tluts 6u mnrw fhnft <br /> — LJ(3)My IIIII'rCSIfaLC WII111CVCI OC li1GtC�5ui C�t'-iaicaaws w wq o••.e,.•.�.....e-_-�-�, 2.000 96 from Ihe <br /> — TWO PERCBNT perccntage point(s) ( ) <br /> � rau of inLcresi I have boen paying for tho precaling periad• <br /> _� [] (4)My inurest rate wiU never be greater than 13.5 0 0 96,which is cslled the"Maximum Rat�e." <br /> THE "MINSMUM RATE" WILL NEVSR B� LSSS TFIAN 6.500 ir. <br /> �� IiAULTISYATE AbJU8TA8LE RATE RiDER-Slnple Family �/O <br /> , Paq�1 of 1 <br /> �•t9�A1i�01) VMP MORT�A6E FORM8•If,00�621•929t InXlalt� <br /> L <br />,:Ry <br /> `� <br /> �- <br /> � . ._ . ._ . . .... .. <br />