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<br /> � .. � � ,' � A�i�TS'�ABLE RA'fE RInER - ��.O�,�s'� . � . .` ,
<br /> . . �l Yar Tnaswy G�ex=-ifate Ca�s) � ; . -
<br /> � THiS.ADlUSTABLE�ATE RIDER i:m�de•this 6th.....dsy oP,.....Juae».............�.....:........ 19 90 .
<br /> ..........snd is
<br /> inaorporscsd inio and shall ba deenied to amenQ and suppiem�nt tbe Mangage. Deed of Tr.ust or Seeurity DeGd (ehe , �
<br /> "Seeucitx tns[rument")af tlia'samc date aiven by tha uadersianed (the"Borrower"a to se¢ure Bonewer�Adjust�ble _�_ _.___ __
<br /> , _, _ __ itsce Noce (t�e"Note") 1a:.......�¢�l€$�..����4..T��k����a..��JC�R��l�..A��Q�����Q�........................ :.....:.. `, , .
<br /> � ... .................... .................................. (tRe"Lender")of thc samo d�te and eovering tha pmperty deseribed in � .
<br /> .........., ..... .....
<br /> � ' � �tAe Seeuritp tnstrument and loaated s�: : Rt. 1, Bflx 20B-1,'Alda, NE 68810 , ' '
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<br /> ; ...................»......................... . .........�.......,.............................:................................................... . ............... .
<br /> (1►.opa�r�aera.! . ,. < < . :
<br /> • . - ``' �.THE NOTE C4NTAIN9 PEt0Y1S10NS AILOWiNG FOR�HANGES 1N THE tNTEREST RATE
<br /> • . AN�7lIE MONTl1lY•PAYMENT. TNE NOTE LIMfTS THE AMOUM tNE 9�iiRQWER'S . � �
<br /> N�TEAEST RATE CAN CHIINGE AT ANY ONE.TlME AND THE MlIXIMIJIIA iiATf THE BQR• .
<br /> _ .� . • RGWER MUST PAY. . � . . ` .
<br /> _ � , - ' •
<br /> � � i ADIHTlOItiALC�Vp�iANTS. In addition to theeovenant�and agreersterEes made in the Secarity Is�trument.9orrower �
<br /> � � an�Lender lunher covensnt and sgree u fotlows• , � �
<br /> ��� `� A. iMf�RESP RAT€AND!1�[OTtTHLY PAYMENT CHAKCES � � � �
<br /> ...
<br /> s:.,:..:: , < . �
<br /> �: TAe Ntxe provides for an initii!inttrat rr�te ui...$r�0.....%_ The I�iate provides far clsanges in the interest rate and the -
<br /> - � monchlY P�Ymencs.u follows: . .
<br /> . :`f.'`:,� ._ �: IIYlER�ST RA't'E AND MONTNLY PAYMENT CHANGES . . � . . � ' . .
<br /> ,.. ,, ,
<br /> ����; � (,A) C6sKe D�ta '
<br /> ` � The interest rate !wi!!pay maychan�c an the&rst day of.......,.au�.y..:x........................ f9.���..�nd on thtt day
<br />' � �verg l2th month theteafce�. FAch dste on whieh my intecesi rote tautd ehange i:calted� "Chsnae Date.'
<br /> t�) Tt�e tad�x , � • . , .
<br /> . Be�tn�ing +�ith che first Chan�e£3ste. my intcrest ra�e wiil 6e bued on sn indeac. The°index" is the.weekty , ��;�
<br /> �.' �� . � sver�je yietd on United States Trexsury securitrrs adjusced to a constant msturity of T..�rar. as rr.��s avail�ble by the � . � � -
<br /> .:,� �ederal Raarve Ba�rd. T3ie most recent tndex fr.�r�ce availabte�s ot the d�ce 45 days before eac�C�=nae Date is calted ����:±
<br /> ; c�ic••Currcu� I�id��x."!• • � �_-:.3.
<br /> � � It the Index is no longer availabie. the Natc Wotdcr will choose a ncw index which is based upon comparabte� N`''.
<br /> infvrmstian:' T.he Nate Holdec witi give me nottee of�his choice. �-
<br /> . (C) C�kutstiou ot Cba»=a ' � ' -
<br /> Two and one � '
<br /> Betore esab Cb�n=e Da�e. the Note Hotder will calcul�ta my new intere:t rate by addina.................................... � :
<br /> • �!��f.».......................pereenaje poinu (.......2�SQ.96) to the Currenc ln4ex. Fhe Nete Hotder wiD �hen round the
<br /> : result oi this sddition to�he nparest one-eighth of one pe�centa�e�oint(0.12596). Subjeet to the�limi�stated in Section �
<br /> ' � t(Q� betow.this rounded amount witl be my ntw interest ra:s'until the rte�ct Chan�e i�tte. -
<br /> � ' ; . TAa Note HotEe�will than determine �he a�tsd�nt ai the rt:anthly ��ym�nt chae�;utd be sufficie�t to repay�he � �
<br /> � f onp�id prineipal eh�t ! am sxpected co owe at the�h�nge Date in full on.�c.mawri�w�x�e at my new interest�a►e in ���
<br /> ' .j� subs►amiapy equa!psymenrs. The cesnit at�his ealcuiation will be �Ae new amounn Wr my mombly paymea�. �
<br /> " .' tD) L.iMits o�lattr4st Rue Cbs�za , . `
<br /> • � The interest rate f atn rcquited to psy at the first Change Date will noi be greater�han........9.50.....,....�,or less th�n
<br /> � .....7...S.0..........:..R►. Theresfter.rny int¢rest rate will rtcver be incrcased or decreased on n ny single Chanje Date by more
<br /> � ehanone percent�=e paints (�..d�1 i�om the rate of interesi f have been paying for th��receding twelve montha Ny �•.
<br /> �;� intereat rsts��Ji never be greater �han ....1'�,,�Q.,...70, � ��:—
<br /> - (E� ElCsctire Date of Chan=a ' ��;:.
<br /> � My new intcrest rate wili become c7crtivc on c::ch Changc Date. 1 will pay�he•rmoun�,of my rtew mo��hly paymcnt � � '
<br /> bejanr:ing on n�.e first monthly payrrse::t date after ehc Ch�ngc O�tc uniil tnc amount of my mon�hly paymcm changcs
<br /> � a�ain:
<br /> ; (Fj NotkeotChan=a . . . - .- ._ .. ... � . . .. .. .
<br /> � 'fhe Nota Holder wi11 deliver or mail to me a notics ofiany changes in rrr,;interest rate and the amount of my mon�hly
<br /> ' �tyment before the effecC�kz date olany ch�nge. Thc ndticc wifl includc d-�;rnatian required by!aw to be given mr and
<br /> a1s0 the title and tetephartc numbei C;a person who wi!!ar,,�ycr any yucsttion 1 �-�,y l�avc rcgarding thc noticc.
<br /> , . � � e. TRANSFER OF TH£ PAOP��TY OR A BENEFLCIAL 11`TERFST !'.V.SUR420WER � �
<br /> . � . Uaifo�m Cavenant ly aS2he Security 1'ns►rumer..; �s amended to rcad as E�i:aws� ' �
<br /> T�antle�of theAroye�ty or a Btnefeial Interese�n$orrower. U afl or any pa�t of the Property ar 3ny�ntcrcst in i�is
<br /> , sold or ttansferred,(o�it a bencfit�at ir"terest in 43crrow�r .,;crld or transfcrred and gorrowcr is noi a nawr�', ycrsun)
<br /> without Lender's prior written consen.;�,endcr sr.ay,at its opi�on,rcquire immcdiate paymcnt in fuU of all sums secured �=- __
<br /> by this Secutity Ins�rumeat. However.this opticrt shail not be e�crciscd by Lendet if exercise is ptohibited by fcderal law � . '
<br /> as ot the datt of th�s Security Instrumcnt. Lender also shall .not exercise this apuon ii: (a) �orrower causes ►o be •
<br /> subt�li.lteQ t0 Lsndet infosmation reQuiced 6v Lender m eval�iate thc�ntsndc�Eransferec�if���r!r�:a�ur�•ng itu4. . = - .-..
<br /> ' � �tp the trans�eree; and.(b) Lender :tasonably determincs that Lender's security wilt not be impaiced by che loan •'
<br /> � assumption and lhat thc risk of a breaeh of any covenant ur agreemer.c in ehis Security lnstrument is accepta�le to
<br /> Lender. .
<br /> � � . .
<br /> •sT�e Indrx figu�e avaitablc as ai'�hc dacc thc iniiial iz�cc�c�: r,�tc L.i4(ICiCF'llllllC(J i'ni this la.i:t ��.�� ...�:•�4.... . . �a. • �'�'
<br /> � . . . -' . . , f � . _k` j f. , � }` .
<br /> . Bo[rvwer s initinls ,� C�=t�vtr�i,�er s ii�iCi:sJ:; . .
<br /> . `, . -- - -- • ' � �
<br /> f�AULTtSTATE AD:lf5TA8lE RATE R10�R�-aafu 5��5�,�<<,;�^,+� ' Farm 3 95
<br /> . �tnEa,ce�isar.uaas - , �-
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