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1 ADJUSTABLE DATE RIDER �941WAU. 100247 r (11 Vw Tn a ary IWex --Rate Cap) 'THIS ADJUSTABLE RATE RIDER is m,1ck this ...13th day of ...... .January ....................... 19 $9,.... and is incorporated into and shall be deeanrd to amsad *#4 supplement the Mortgage. Deed of Trust or Security Dead (tine_ "Security Instrument ") of the same date givvt by the undersigned (the "Borrower ") to secure Borrower's Adjustabla Rate Note (the "Note ") to........ a.,AAtJ.9.inp.1 ... saoeiatio................ .... ............. ......................................... ............................... (the °Lender ") of the same date and covering the property described in, Security Instrument and Itacated a.t: 1810 Stolley Park C.ircle,, Gar nd Island, Nebraska 68803 .............................................................................................................................................................. ............................... lftoNny Address) THE NOTE CONTAINS PRO1PMWIS ALLOWINGi FOR CHANGES IN THE INTEREST RATE AND THE MONTNLV PAYMENT. THE NOTE LIMITS THE AMOUNT THE 901W Y ER'S INTEREST RATE CAiN CHAiMGE AT ANY ONE TIME AND THE MAXIMUM RATE THE DOW ROWER MUST PAY. ADOtr10NALCOVENAN-M Ift-liddi1lort to the covenants and agreements made in the Security Instrument. Borrower; and Lender further covenant and agree as follows: A. INTEREST RATE AND MONTHLY PAVMENIE' CHANGES The Note provides for an initial interest rate of ....$:.err ....90. The Note provides for changes in the interest rate and the 1—a,onthly payrricats. as folnouis: 4. INTEREST RATE AND MONTHLY PAYMENT CHANGES (A) Cboge Dates The interest rate I wilt pa tsiay change on the first day of ...... FebMTX 19.9 .... and on. that day every 12th month tbereaftef, 14ch date on which my, interest rate could change is called a "Change Date.. ". ( B) The ["OR i Beginning with the first Change Date, my interest rate will be based on an Index. The "index" is the weekly average yield on United Sfives Treasury securities adjusted to a constant maturity of 1 year, as made available by the Federal Reserve Board: ' The most recent Index figure available as of the date 45 days before each Change-Date is called a the "Current Index."" If the Index is nc littiger available. the Note Holder will choose a new index which is based upon; comparabld information. The Note Holder will give me notice of this choice. (C) Cacculatim al Chasm Refore each Change bate. the Note Holder vidt calculate my new interest rate by adding ..TWO, and • 013e ha percentage points (....2.�(k.... 90) to the Ctimrit-indet. The. Note Holder will then. round the result of this addition to tha nearest one -eighth of one peraentagepoEnt ( 0,12$%). Subject to the limits stated in:Section, 4(D) below. this round.od amount will be my new interest rate until the nett Change Date. The Notg Holder, wilt, then determine the amount of the monthly payment that would be sufi5cienvto repay the unpaid principal. that I s'ttn expected to owe at the Change Date in full on the maturity date at my new interest rate in substantially equal payments. The result of this calculation will be the new amount of my monthly payment] 1 D) Limits an Interest Rate C'haniges The interest rate I am-requircd to pay at the first Change Date will not ire greater than ....10...25 ............°k or less than ......... 6,.25......... , Thi "'after. my interest rate will never be increased or decreased on any single Change Date by more than two percentage points (2.0%) from the rate of interest I have been paying for the preceding twelve months. My interest. rate will never bir.,greater thast ....13; 25.....%. s 1 E) Efrective Date of Changes My new interest rate will become effective on each Change Date. i will pay the amount of my new monthly payrnectt. beginning on. the firsts monthlypayment date after the Change Date until the amount of my monthly payment changes again. (F) Notice of chattlies The .Note Holden will deliver or mail to me- a- tiodee of any changes in my interest rate and the am cunt of my monthly payment before the crffectiva date of any change. The notice will include information required bylaw lobe given rase and. also the title and- tgluphone number of a person who will answer any question 1 may have regarding the notice. B. TRANSMR,60 THE PROPF,"V OR A BENEFiCiAL INTEREST IN BORROWER Uniform Covenant, 17 of rkte -Security instrument is amended to read as follows: Transfer of tike tetobty qr`•a Berteflcial interest in Borrower. If all or any part of the Property or any interest in it is sold or transferred. ('Or if a' beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior written consent. Lender may, at its option, require immediate payment in full of all Sums secured by this Security Instrument_ However. this option shall not be exercised by Lender if exercise is prohibited by Wdral law j as of the date of this Security instrument. Lender also shall not exercise this option if: (a) Borrower causes to be submitted to Lenderiitformation required by Lender to evaluate the intended transferee as if a new loan were being made to the transferees and (b) Lender reasonably determines that Lender's security will not be impaired,by the loan assumption and that• the risk of a breach of any covenant or agreement in this Security Instrument is acceptable to Lender. **'the Index figure availal le as of the date the initial interest rate %%a% determiners for tha% loan %a% ....8.13. ob. Mtrt.TISTATE At1:USTAIRE WE RtOER --APM 5 -2-- - r• —Fannie Mae Freddie Mac Uniform Instrument Form 31113 85