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�-. .. I � AI)JUSTAB€.E RATE RIDER (1 Ycar Trcasury I ndex-Ratc Caps) Qn�(�n�(1� J0z i�i�� 7 THiS ADJUSTABLE RA'IE RIDER is made chis �� day of 7anuaTy � �g 9D � xnd is incarporated into and shall be deemed to amend and supplement the Mo�tguge. I]eed of Trust, or Sccudty Decd (the "Security Inst�ument")of the same date�ivcn by the nndersigned(th:•`Sarrou�er")lo stcure B+>rrow�er's Adjustabte Rate Note(the"Nate")ta HOME FFOERAL SAYIN�S�_LOAN ASSOCMTION OF�RAND ISLAND. NEBRASKA(the "Lender")of the samr date and covering the � properey described in c�e Security insuument and iacateu at: GR7f1 Ilc„-� Ilrivo t'r-�nrl Talanrl la FqA�1 ^ � (Property Address) TMis aote co�iata� prorWom dlow�ine tar ch�n�es in my interest nte �ad my e�oetbly pay�eenb.TAIs note atso Ilmil�the amouut my intereat nte can cha�:e at any o�e Ume and ttw tik daiNNm and the muimuai rate!maat p�y. � ADDITIONAL COVL'NAN'I'S.In addition to the covenants and agreements made 1n the Security[t�strument, Bonower and�.ender � further covenant and agret as foltows: � A. lNTERFST RATE AND MONTHLY PAYMENT�HANGF� � The Note provldes for an initial interat rate of 1?_�Q_%.5ectlon 4 of the Notc provida for changes in the interest rate and thc monthly paymenu�as foAows: 1. INP'E'REST RATE AND 1NONTHLY PAYMENT CHANGfiS (A) C�a�e Data The interest rate I wip pay nay change on the�rst day of F e17T1�a*'; .19�L.and on that day every �,�e�yg months ther�after.Each date on which my interest rate could change is called a"Change Date." : (H) 71e I�dex � ; Beginning with the first Change Data,my intcrest rate will bt based on an lndcx.The"Index"is the weekly averagc yield on United States Treasury securities adjusted to a rnnstant muurity of 1 year,as made available by the�ederal Resrne Board.The most reant Index fig�re available as of the date 4S days before each Change Date is cailed the"Current ladex." � !f the Indea�is no longer available, the Note Holder wiil choose a new index which is based upon comparable informarion.The Note ' � ; Holder wiU give me notia of this choia. l :: • , (C� Ca1c�hUo�oi C� , &fore wch Change Date.the Note Hotder will calculate my new interest rate by adding_f_our and one-half peranta e � �'� 8 j ``- - - ; poinis� �� `nj to the�.�rrent incie�t anci rounditfg ro the nCarest 1/Eth of 1%,subject to the limiu stated in Section 4(D)below. - �- -_- . � This rounded amount wIll be my new interest sate until the next Change Date. � ;��. i The Note Holder will then determine the amount of the monthly payment that woWd be sufficient to repay in fuU the principal I am }_ ' eJCpected to owe on that Changc Date in substant9ally equal payn�ents by the maturity date at my new interat rate.The result of this calculation �, ` ; will be the new amount of my month3y payment. - tD) I�sits o�latercst ltate Chansea ; ' The interat rate I am roquired to pay at the first Change Date will not be greater than 14.0 % or Ir,ss than ' 7e.Thereafter.my interest rate will never be increased or decreased on any single Change Date by more than t��e oercPnt � ifrom the rate of interest 1 have been paying for the preceding twelve months.The minimum interest rate on this loan wilt never be i less than Q.fl hi and the maximum interest rate will never be greater than 16.0 _%, (E) Ettective Date of Chaatcs My new interest rate will become effective on each Change Date.l will pay the amount of my new monthly payment beginning on the first �monthly payment date after the Change Date until the amount of my monthly payment changes again. (F� Nodce of ChAnges " i�, , The Note Holder wiU mail or delivu to me a nouce before each Change Dace.'the notice will advise me of: 't:-- (i) the new interest rate on my loan as of the Change Date; ��s• . (ii) the amoant of my monthly payment following the Change Date; , ' {iii) any additional matters which the Note Holder is required to disclose;and (iv) the address of the association you could contact regarding any questions aboat the adjustment notice. ' ' B. CHARGFS;LIENS � Unifonn Cover�ant 4 of tha Security Instrument is amended to read as follows: . 4. CYar�es;Uens.Borrower shali pay ail taxes,assessments,and other charges,fines,and impositions attributable to the Propcny which may . attain a priority over this Security Instrument,and leasehold payments of ground rents,if any.in the manner provided u�der paragraph 2 heteof or,if not paid in such manner,by Bonower malcing payment,when due,directly to the payee thereof.Bonower shall promptly furnish[.ender all natias of araounts due under this paragraph.and in the event Borrower shall make payment directly. Borrower shall promptly iurnish to Lender receipu evidencing such payments. Borrower shall promptly discharge any lien which has priority over this Security lnstrument; however. Bonower shall not be required to discharge any such lien so lo:ig as Borrower: (a) shaU agrec in writing to thc payment of thc - obligation securod by such lien in the manner acceptable to Lender;(b)shall in good faith contest such lien by,or defend against enforcement of � such lien in,legal proceedings which in the opinion of Lender operate to prevent the enforcement of the lien or forfeiture of the Property or any �-� _,-- part thereof;or(c}shall secure from the holder of such lien an agreement in a form satisfactory to Lender subordinating such lien to this � Securisy insttument. � If Lender determines that all or any part of the Pruperty is subject to a lien which may attain a priority over this Security Inftrument, ! � Lender shall give Borrower a notice identifying such lien. Borrower shall satisfy such lien or take one or more of the actions set forth above � witliln ten days of ths giving of the notice. LC. NOT�CE =;;., Uniform Covenant 14 of the Security Instrument is amendcd to read as follows: L ' . � 11. Notice.Except for any notice required under applicabte law ro be given in another mannet,1a)any notice to Uurroxer provided for in�his''/1 fG Security Instrument chall be given by delivering it or hy ruailing it by first elass mail to Bonoa•er at the Property�Add�etic or a�such oi her addreti� „ � t!5 �.. as Fiotrower may designate hy notice to l.ender as prrn�ded herein,and(b1 any natice to 1 endcr �h,;H hr faven hy firtit clati, ma�l to I euder'a }r �," _____ addre�s uated herein or tu�u�h oeher addtrs�as I ender may de�ignate hv n��tuc te�Hc�r�nuer.0(.t��tiiJed herf in Am nohce�t�niJe�i(nr �n Ihn � =-e tircurity(ntilrumcnl.hall he deemeJ t��ha�e heen gi�en iu N�,rn�ucr nr 1 i•ndcr�ahcn ti�i.ei��n the in.�w�r�dc.,Kn;ucd hercin �. .y �• � �- t��: F't M��.. ;�rr.., 3`�u t r .I' -t�,. :L