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. . � r �T��P+�s-n. . . • _ . •�.•'�,.. . r� y �` "L. ��r.. .. �y.��triF'�3:r �i ... .. . . ��...a.. .. . ' . .. .. . ..f [ �. - . . . •� - { ..�-..•IM�S�.hl�Afiib-.' '_:._.- _ .-' . w.. ,.�� APPLN 001-7100800'7 — ,�Y:� �, � ;=�� 9'l- �G9�S2 �. ";;� ADJUSTABLE RATE RIDER ,�� - .::� THIS ADJU5TABLE RATE R1D�R Is mwdo thix 6�rH day of NOVEMSER � 1�97 and is _ inwrporatcd lnco�nd shaQ bo damaf to ancnd and�upplcmcnt tho Mortgagc,Dced of Tr�st or Secudry Deed(thc"Sxurlry =�� Instrumcnt")of the same dnte Bivr.n by tho anderelgncd(tho "Borrowcr") w secure Borrower's Adfustable Ratc Note(thc a.. � .-.l� "Np�11�� HOMB BBDERAL OAVINC�B & IAAN A3SOCIATION OF C�RAND ISLAND -=�� (tha"Lcndec")ot tho eama dat�end c�vering tha prc�}�esriy dexcribed in!ha�ecurlty Instrument and locateci at: ;�a 226 8 PLUM 8T CiRAND I$LAND, NE8RA8XA 69801 -:�� Propeny Addro�i) = TEiIS NOTE CONTMVS PItOVlSIONS ALLQWIN(i FQR CHANGES IN MY IIVTEREST RATE AND MY - - MONTHLY PAYMENT. INt'.REA3E9 IN THE INTF.RE&T RATE WILL RESULT IN HIGHER PAYMENTS. DECItEASES IN THE INTEREST ItATE WIL4 R�9ULT IN LOWER PAYMENTS. �� ADDTTIONAI.COVENANT3. In addlt�on W Ihe wvenants end agreemc.�ua made in the Security Inst�ument, _ Borrowa a�d Lendu further covonant end agcx a�fopowa: A.IMI'EREST RATE AND MONTHLY PAYMENT CHANC�S -- 'Ihe Nota providcs for an intdal inur�st rata of 7.5 0 0 96. '[l�c NoLe provides for changes ln the interest rate and tha monthly payments.as foUowa: 4.INTEREST RATE AND MON'�HLY PAYMENT CHANGF«5 (A)C6wn`e DAtes � The interest rata I will pay may chango on �ho Cuet day of DECEMHBR � 20 0 0 ,and on�hat day every i2TFi month thereafur.Each dau:on whlch my lnterest nte could changa ia called e"Change Date" (B)The Index Beginning with the first Change Date,my tnuxcst rata will bo bexA on m(ndox.'!ho"Index"is: THE WRgKLy AVSRAOB YIELD ON UNITED BTATEB TREABURY 88CURITS9 ADJUSTED TO A CONSTANT MATURITY OF 1 YEAR, A3 MADE AVAILABLS SY THE FBD$RAL RE9ERVE 80ARD. 'fhe most rocent Indox�guro available a�of the data: � 45 d�ye ❑ before esch Change Date is cailed the"Cwreet Index° . If the Index is no longer availablc.lhc Note Haldcr will choox a naw indox that ia biuod upon comparabk information. 'itie Nota Holda wlll give ma nodce of this choico. (C)Cucuiatbn ot Changea Bafon each Cheage Date.the Nota Holder will cakuLue my new inLCrett*�750�g 96) to the Cumarc Indwc. TWO AND THREB QUARTERS pCtCCAt11g0 pOGlt(d)( 'Il�e Note Holda will then mund the result of thls additlon to tho d Ne�cc3t (.� Nozt Highest 0 Next Lowest — .ias 96). oxs sic�rx ( ..--- Subject to the llmits stated in Secdon 4(D)below,this munded emwu►t wUl bo my new intcrc,st cAtc un�l tho nextCt�ange _�� Dato. -= = The Note Holder will then determinc thc emount of tha monthly payment�h�t would bo eufficknt W nepaY t1��nPa�d --= prjncipal that I am expected to owe at the Changc Date in fuU on tho mawrfty d�t�o�t my now inte�eat�te in su6uandallY '��'y�� equal paymcnts.'ihe result of this calculadon wiU be tha naw amount of my rnonthly paymen� ,-_•_ ':;::..� (D)Limits on Interrr.et Rate C6anges -��: ase check approprlate bnxes;{�no box is checked,there w[ll be no ma�xlmum!!m(t on ciwngea.) ° �(1)Therc wUl be no maximum limlt on irtterest rata changes. -=-�" � (2)The interest raro I em required w pay at tho Cirst Changa Date will not bo grcatcr�han 9.5 0 0 96 � or�cs�s 1an 5.s o o �. �e:_��•, • 1....1.e.....:-•---�_.__1u��'.�t.�'----- - ....I...r.aa.d nn nnv clnolw!`knnnu 11a1A hv t1'1(YA t�LM ---�- IM I(J)mr tnwtwt�aw v�u�uv.vs w u�v.wn...:............�.........�y ---o----•--o---'- - ------ -�. . � TWO PBRCENT pCiCCntago point(x) ( � �•OOU a�� f►rm ths �:. .j� rate of tnterest I have been paying for tho pra.eding period. • Q(4)My interest rate will never be greater than 1z.50 0 96,which is cuiled ihu"Maxlmun�Rate." .:�; THE "MINIMUM RATfi" WILL NEVER BE LE35 THAN 5.500t. MULTISTATE ADJUSTABLE RATE RIDBR•Slnple Famlly Ils4 Pap�1 012 , �-899Aco4oe� VMP MORT�AOE FONIAB•(!00)6@t•79i1 �n��: - "�A y