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��15�3��1 <br /> ADJU��ABI..�� RA'�`� �.I�77�1�. <br /> TH�S A[�JUSTABLE �ATE R�D�R is mad� this 7th day of May, ��1� , <br /> and is �ncorporated into and sha�� be deemed t❑ amend an�l supp�ement the Mortgage, Deed <br /> of Trust, or Security Deed �the "�ecurity �nstrument"} of the sarr�e date gi�en �y the <br /> unders�gned �the "Borrawer"} to secure Borrower's Adjustab�e Rate Note tthe "Nvte"3 to <br /> Home F�dera� Savings and Laan Assn of Grand Is�and <br /> �the "Lender"} of the same date and ca�ering th� Prvpe�ty des�ri�ed in the Security <br /> [nstrument and Iocat�d at: 17�1 B�ss Rd <br /> �rand Is�and, NE 688�1 <br /> �Property Address� <br /> THIS N�TE C�NTAINS PRC]VIS�4NS ALL�'I�III�V� FDR CHANGES �N MY <br /> �NTEI�EST RATE AND N�Y N1�NTHLY PAYMENT. IN�R�ASES 1N THE <br /> �NTEREST RATE '�JV'ILL R�SULT �N H�GHER PAYN�ENTS. DECREASES �N T�E <br /> �NTEREST RATE 1N�LL RESULT IN L[3WER PAYMENTS. <br /> ADD�TIDIVAL ��VENANTS. �n addit�on to the co�enants and agreements made in the <br /> Security �nstrument, E3�rr�wer and Lender further cv�enant and agree as follaws: <br /> A. I�VTEREST RAT� A�VD MDNTHLY PAY[V�ENT CHANGES <br /> The Note pro�ides for an initial interest rate nf 4.75D °/o. The Note pro�ides <br /> for changes in the �nterest rate and the manthly payments, as follvws: <br /> �. I�VT�REST RATE AiVD M�NTHLY PAYN�ENT CHANCES <br /> �A} �hange Dates <br /> The inter�st rate [ will pay may change on the 1st day of June 2fl2� , <br /> and on that day e�ery lZt h manth thereafter. Each date on wh�ch my interest rate <br /> could change is called a "Change Date." <br /> � r ' <br /> MULT�STATE ADJUSTABLE RATE R�DER - S�ngle Fam��y <br /> �wB��R ��5��} 5 <br /> Page � of 5 I n�tiai . <br /> -� `° C � <br /> VMP Mortgag� Solutions, . <br /> ��oo����-��9� <br />