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<br /> A�JiJSTABLE RATE RIDER gQ�.: �Q��"Y�
<br /> (!Year 7rcasury[ndcx-Ratc Capsf
<br /> THtS ADJU51'ABLE RaITE RiDEEi is made chis 7th �y�f February .19 90 .
<br /> ,
<br /> � and is incorporazed inta and shatl be deemed to amer,d a�d supBiement,thc !t.tastga�e,D� dY TR751� or Se��rity Rsed(she "S�urr,�
<br /> Iastrument")of the same date�iven by the undersigne�(tht"Bonox�:r")to secure Borrower's Adjustablc Ratc Notc(tlhe•'hote"}to HGME
<br /> FEDEAAL SAYtNQ�i LQAN ASSOCIATION OE QiUND IStAND.NE9RASKA(thr "l.endtr")of the same date and cavering the
<br /> p�opertp dr.scribed ia the Secitrity[nstrument and tocated at: �
<br /> �� 4'i 9 East South Street, Gaand Island, �lE 66801
<br /> � (Prope:ty Ad3ress) '
<br /> This aote coit�ta� provt�ioas �Yowiq [of clunaes ie my fucttst nte rad my moi161Y ` .
<br /> psy�eats.?6b aots also 11�[ts tLe moa�t mg interest rase can cyat�e at asy oae tin�e aad
<br /> vso tye�i�rm a�d tbe eutman nta I m�st doaq. � �
<br /> ' ADDI7IOAIAfi.COVEIVAI�3:S. in additinn ta the coveaants aari agrecments snade in tAe Securicy Instrument.Barrowet and I.eilder
<br /> : furtLcr cavenant and�gree as foIlows:
<br /> A. InTERFST RA�'E ANp M�JM'�'HLY PAYM�VT CIf.11kGES .
<br /> The Nou providss far an inititil interest rate af 11.50 s-a,�Mian 4 0�[ha ivote g�ovides for dtaases in the interest rate and dm
<br /> mont6ly payments.a�iullows: �
<br /> 4. tNf'EREST ItATE AND.tifONTHL Y PA YMENT CH.9n'GES �
<br /> {A.� Ci�qe Datn � .
<br /> � The inter�s t I wi11 pay may change on the first day of I�'larch ,I9 g� .and oa that dstg every .
<br /> Twelve �7 2� months thereafter.Each date oa whicb my interest rate could changeis called a"ChAnge Date." �
<br /> (Sl . TieY�dea
<br /> ` Br�ing with tha firsi Chan�:i�te,my interest rate will be b�sed an an Index.Th�°h�d�e"is the wcekly averagc yi�r3 nn United Stata
<br /> l;; Tre3..w.g*r3;,;.titics adjusced to a c4nstanc maturity af t year,as rnade availabie by[he Fedee�.E R�erve Soacd.The mast..sa�nt L�dex figure
<br /> avaiLnCiL�?'�t1se���S days before each Change g�te is called ihe"Cunent Ir.�ex."
<br /> � I£tf�E indat is uo Ionger availabte,the 1�'ote fibider will choose a new indcx whicb is based upon,:uus�!arable infarntation.'fhe Note � '
<br /> Hoider�;Il�ve me notice of this choice.
<br /> � 1 4
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<br /> 13t�"nre gch Change Date,the Note Holder will tialculd:r my;�ew interest rate by adding ThTee and Qnejt-!alf �ran�age :
<br /> � p,i:.n-w�. 3.50 a/i)to the Cunent Indcx attd t�suriding to the near�t 1/Bth af 1�'o�subje:s to�f�e I}ririt�stated in Section 4(D)below. ',_'.=�'j
<br /> "f'�s ronnded amouni wUl be my new interest�ate unti!iirefiext Change Date.
<br /> T6e Note Holder will then dotcmnine the uma�t af ihe nonthly payment that wouid be suf�cient to repay in ful!ti,:principal 1 am
<br /> expecta�to owe on that Change Dsto in substantially u�ual paymcyts by thc moturity data at my new interest mte.The re:uif aCthis calculation
<br /> will be the new amount of my momhly payment. . .
<br /> (D) Uwits oe lMercsl Rafe C4�ates .
<br /> ' The interest race 1 am required to pay at the first Ch;inge Date will not be greater than ���•�� an or I ss than -
<br /> � g•�� �'e.Thereafter.my interest rate will never be in:�i•3s���or decreascd on any singie Change Date by morc tl;.:.� tW0 2 =_
<br /> ��rrR-�� from che ra.e of interest 1 have been p�ying far t1�E�}rr,.�ding tweive months.The minimum interest rate an r.it±�,loan will never be
<br /> tess thas g•�d �b and the maximum intar:�t rnte wiU:zeser begteatcr�hxn.�_16.00_%. ,
<br /> ,
<br /> � fEt �lleetive�Hte of C6an� �
<br /> • Afis iurw interat rate wiU becarn.effective ort each Change patr.1 wil{'pay the amount of my-new monthly payment Ise�ctning on the first
<br /> ' monthly�c.rs�;;.c,1�t:after the Chu.itrw Aate until the amount of m��snomhly��3vment char.���gain.
<br /> (F� _Vo6c�e�f[��iirJnses . ' -='�'
<br /> The Note Fto(de:��i11 mail o�dcliver to me a notice beforc cach Chan3c pvr:,The natiec will advisc me of: ' • �1-•,,�;:
<br /> , (i) the new intercst rate un my Ioan as of the Change L)ate; 'r�`.':
<br /> (ii) the amaunt of my monthly payment following the Changc ilate: �;�;�
<br /> (iii) any additional mattrrs which the Nate H�Ider is rcquircd to disclose;and •'�'�'
<br /> (iv) the address of the essociation you could contuct regarding any questions about the aJjus�ment natice. �
<br /> B. GiARGES;!.lEN5
<br /> UnitmrtCnvenant4oftheSecuritylnctrumentisrr.":e:s�l�da�rcad-:s follows:
<br /> , 1. CIl�aXts:IAtd�.l3arrawer shnll pay all taxes,as��:�;::�rnts.a:�ot:�cr chatgc:.,fine.;,aad�m�a,�sitians attributable to Ihe Property uhi-��inay
<br /> atta9n a priority over ehis Secur�ty fnsuument,:md 1,+...:r:::nld payinents of gr+w�;.���r:�n:�,,f�;y,in ihe manner pruvidcd undcr paragraph 2 h�_reoF
<br /> or,if not paid in surh manner.by f3orrowcr maki�g as,s�ment,when d�c,dircc:l.-t�,she�a�ce thereof. Uorrower sh�ll promptly furrtish lxndcr
<br /> atl notices of antounts due under this paragraph,and i�t thc cvenr��rrc�aer shall make payment directly, Uorrower shall promptly farnish to
<br /> l.cnder receiDts e�•idencing such payments. Borr�wer �li�lt �,�cir�4;1ly diuharge any lien which hus priority oti•er ehis 5ecuricy Instrument;
<br /> h0�•ever, Barrow�cr sha11 not be required to di<.charge any suc�t �icn sv long us Ftorrowcr.(a►Shall agrc:in wtiting ta the payment nf the
<br /> � abligation secured by such lien in the manner acceptable to l.endcr;(b)shall ir►guud fait 1►conlec2 such lien i�y,nr d_fend against enforcement af _ __ ----
<br /> F'______
<br /> suchlien in.tesal proceedings which in theapinian of l.ender c�per.�te to prevent the enforcement of the lien nr forfeiturc uf Ihe Propeny or any •
<br /> - put thereof;or (c)sh�ll sCCUre fr�tn the ftaldet of such lien an agreement in a form�atisfactury to Leuder suhordinasing au�h licn tb this
<br /> Security tnstrument. ,
<br /> IP Lender dctetmin;s that ell ur any part of the Prn�:cy�s subjec!ta a lien whlcb may nuaitt a priority a�et this Securitv lnstrument. � ,
<br /> t.ender sh�ll gi�•e FiatroKer�notice identifying such lien.�r�wrr shall s�tisfy such lien ot take one or mure uf the actitmc cer fot�h abuve
<br /> within tcn Q�ys of Iht gi�ing of the n�Nre.
<br /> � C. tiU'C[C£
<br /> UnifurmCU�enant 14 pf tht S�urisy Inssrum•nt isurntndcd tn read 5s foUo�s: ^
<br /> 11. YuUte.Fixce�t!ut any rrotice re�uire�uncltr uppLcable IJK"(U F1C f,'I�CII Itl annther rn.:nner,(a)A*tY nt�tt:c tt�Itunower r:n��dtd fi�►in ttu�
<br /> � St:utity lastrunient shall t+�(;,ven h�dCii�ermF it�?s by m�tlirig�t t�y fust slass rri�ii to Uorrnuer:�t Ihe Yu,��,r�y AdJrc�.rr a;.oJr�,ih,r:sdilrc�� ,
<br /> a��fvrrBw�r map de��gn3re by nn[st�e tt�t tt�det.��pr�w�citd hcre�n,,in�(hf aii} nolice;�±I.titdrr�!��il hc K��en 6: tir.��1.i.4 rn.�:l t�y 1:u_f:r'� x,. ..
<br /> n�dre,sstatedfierrin:�rt�ti,u.hulkarti3�retisn�lrr.:ternwy�it�is;:i�tCh►nc�;rcrny��tr:nccra:�rt�tiulcdhetenr 1::�r.,���..r',•,•::.,:���ru.•n�.
<br /> �:s:unSq tustrumc��t a.`,sii b:iki�u�tct tn h;�:r I��eit v��-�r�•�H+�rr,�.,cr nr 1�n;f:r�.i c�e a��:r.�n�ii:n�3nr.e:d:..,,....sr:,t{�e�c��
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