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, � - - � <br /> ADJUST�IBI.E RATE RIDER 9O�1 O O 2 7� � <br /> (1 Yca�Treasury indcx-RAte Gupsl <br /> THiS AUJUSTABLS RATE RIDER is made this �1 day of .lanuarv ,19�_, <br /> � and is incorporated into and sAall be damed to amend And suppinment tha Mortgagc, Detd of Trust� or Security Deed (tha "Security <br /> Instrument")of the ume date�ivea by the undersigned(thc"Bor�ower")to sccure Borrower's Ac�ustable Rate Note(the"Note")to H0�1E <br /> FEOEML.QAViN�S a tOAN AaSOCtATtON OF QRAND ISLAND. Nf�RASiCA(the"l.ende�")of the same date and cavering the <br /> property descdbed ia the Secwiry lnstrument and tocated ar. <br /> 309 Lakeslde Drive Grand Is]and, fVebraslaa 6880I <br /> (P�openy Address) <br /> Trh rote coatalM provblo� �Ilowlq tor cMaesee t� ny iaterest nte ��d roy moattily <br /> O*qse�t�.7'YU�ote alio ii�tv t�e a�o��t�oy i�terest rate caa cYa��e st t�y o�s Uwe a�d <br /> fI10 tM!I�I�IIOMIO�Ad Q!O�I�ImYO!�1!I QpSt�y. <br /> ADDITIONAL COVfiNANTS. in addidon to the co�•enanu and Agraments made in the Security Instrument,Borrower and Lender <br /> flutQer covenant and a�ree as foUows: <br /> A. INTERF�T RATE AND MONTHLY PAYMENT CHANGFB <br /> The Note provides for an inid�l interest rate of 11.5 ry�,�on 4 of the Note provides for chang,es in the�nterat rate and the <br /> monthly paymenta.a+follows: <br /> � �. lNT6RBST RATE AND MONTHLY PAYMENT CHANOES <br /> ' tA) C�o�e Mta <br /> Tde interat rate 1 vrlll pay may change on the Frst day of Feb�ary ��9 91 ��d on that day every <br /> �� months thereaftcr.Each date on which my interest rate conld change is called a"Change Date." <br /> (�? '!�e Iadra <br /> Heginning with the first Chaage Date,my interest rate will be based on an ladex.'i'he"Index"is the weekly averagt yield on United States <br /> Trasury seciuities adjusted to a constant maturity of 1 year.as made available by the Federal Raerve Board.The most reaat Indea figure <br /> available as of t6e date 45 days before each Change Date is called the"C�nent Indea." <br /> , lf the ludac is ao tonger available.the Note Holder wiU choose a new index which is based upon comparable informadon.The Note � ;� <br /> � Holder will�ive me noda of thls choice. � : <br /> , i (G� Cak�latlw of C�u�ea � � <br /> Hefore each Change Dato.the Note Holder will calculate my Aew intuest rate by adding t�& �� perceatage ' "� <br /> .. _�_: <br /> � points! 3-5 hi)to the Current Index and rounding to the nearest 1/8th of I%i.sub9ect to the limits stated in Sectlon 4(D)below. �� <br /> - inis rouna�i�moimc wiii oe my new imerest rate undt tne neat t;ieange uate. <br /> .f>� <br /> The Note Holder will then determine the amount of the monthly payment that would be sufficient to repay in full the principal I am _ <br /> eacpected to owe on that Change Date in substantlally equal paymenu by the maturIty date at my new interest rate.The resnit of this calculation <br />