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<br /> - , ADIIUSTABL� RATE IiIDER gp-=100905
<br /> . (i4h11 Strtet Ja�tmAi�rime Rah) ' . `
<br /> � . THI5 ADJUSI'ABLE RATE RIDER is made 42/15/90 _. . ° .
<br /> f ; aad is incorporated into and shall be deemed ta amend and sup��!emrm ihe Mortgage of thesame date�iven by+the undcrsigned _ � � �
<br /> . (the"Borruwer")to secaire Barrox�aPs Na.e(the"Note")to TtORb1EST BANK �IEH�A5KA, �
<br /> ` . NATIOHpL A3�a0CIATIQt� (the"Leader'�of the saeie�catQ and caveriag the progerty described in the Mortgage ansi ' ,
<br /> located at: '
<br /> --�� 2415 M $i�RFlA�t (iRAHD I3LaiVD �!E 6�803 �
<br /> . (Propcet.Ad3rrssD � � , � ' .
<br /> ;
<br /> — ` THE Np�'E CONTAINS P[tOVISI�NB ALLOWlNG I�OA CIi�NGES IN THE INTEREST RATE AND THE � � `
<br /> : ' PAYME�iI�:THE �7'� LIMI75 THE MAXJMUM Il��'ER�ST RATE THE BOiiROWER MUST PAx '
<br /> • ;
<br /> ; ADD���'lI.C{R���AN15: [a addition to the covenants and agreements made in the Mortgag�Bortawer a�d�e�der
<br /> ; � .:fwtly�r savenant.an��nee as follativs: �
<br /> � '
<br /> � . � . .. IVTERFST CHAI�GE�
<br /> � Cha�.�res " . . ', .�,�.
<br /> ! 4�l90 �"• -
<br /> '��. .The inY�rest rate Ber�var will pay may change on the first @ay of • •
<br /> — � i and on the first cit►y�'r eaeh month after that date until th�ma�urity dat.�.�h date on which the�at�+�rould change is called _ ,
<br /> i a"Change Datc�' �
<br /> .;
<br /> --� �_.,i Tlie IndKx • , , . _ ,
<br /> ` The interust�te is ba�:.�on an Indeac.The`9ndex"is the Prim�R:::e f.�s���.'�s��t prime rate published�ity in The Wall Stre�
<br /> � Joumal"Maney Ra:-as"eable). . `:'`'-,.
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<br /> — � The lnct�c�n the d�te of this NotP is �•60 %. ' , r.(�--;�
<br /> � . . . ��j�;:k _
<br /> i , . Cakalntion af Cl�a�s � '-'-
<br /> On each Changa Da��,the Lender will calculate the new iniera-t rate by.�3ing 3 8d . . '.'K.
<br /> ! percentuga point(s)( 3•�� �Jo )to the Current Index;hcrn��er,the interest rate will never be greater than 17.00 %. _�
<br /> . ,.:.
<br /> The amaunt of the scheduled payment wil)not chang�Increa�s in the interest rate may cause the�inal payme�t�t��increas� �
<br /> , Borrower,may actcna the payments for up ro six months.
<br /> � Notic�of ChAnb�cs � _
<br /> � The 4end�.r►�;l1 n�.�±!�onowar a s.a:tice once a year.The nori��,:�vill include:the current and prior index vatue�,i�md interest : �
<br /> i rates,,th�.9vtu� a�n;lst and the F;-�ent amount necessary to pay the t�aan in Pull by its stated maturity dat�
<br /> , � ' BY SIaNI NG���.it�tV Borrower accepts and agrees to th�terms and covenants contained in this A��ustabtc Rate Rider ' ��
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