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1 �
<br /> � ADJUSTABLE RAT� RIUER 90,,•"•
<br /> • f 1 Ya�7ras�ry ladex--R�te Gp) 10�7 4 B
<br /> THIS ADJUSTABIE RATE ItIDER i! m�de this ...���h day of....,..}L1!RP............................... !9 9Q.....ind is
<br /> � inco�po�ated inio�nd sh�ii be deemed ta�mend �nd supplGment the MQr�gage,Deed of Trust or 5ecurity Dttd (the
<br /> "Securlty In:trument") of tAe�ame d�te liven by the undeai�ncd �the"Ba�rower") to secutG dorrowe�s Adjust�ale
<br /> Raie Nae (ihe ~Nae") eo......Ata�aaK...�+uak..�tabx.�ak��..N�t.ipna�,..A�g4s����o ................
<br /> t�. ........................
<br /> .............................................................................. (the"Londcr')of the same date and covcrin�the propeny described in
<br /> the Secu�ily lnst�ument and located a�:
<br /> ....:...............................�4..&.�.,..,IaW��1.,�.�.A��...GX�.S14�..I�laP.a.•..Nebraske.,68803...... .
<br /> .. .....................................
<br /> �
<br /> (P�oper�y Addrssx)
<br /> THE t�lOTE CONTAINS Pii�DVISIONS A�LOWINC�FOR CHANGES IN 7HE INTEREST RATE
<br /> At� THE MONTH�Y•RAY�tENT. TII� NOTE LIMITS THE AMOUNT TliE 80Rii01NEli'S
<br /> INTE!!E$T RATE CAN CNANGE AT/INY ONE TIME AND TME MAXIMUM RATE THE BOR-
<br /> ROYrER MUST PY1Y.
<br /> � Aearior��L CovEr,�rn�s. In�dclition to ihe covenaats and agreemen�s msde in the Security Instrumen�,8ortower
<br /> , and l.ender furthtr covena�t and a�ree as follows:
<br /> A. INTERES7'RATE AND MONTHLI PAYME�i'i'CHANCF.S
<br /> The Note provide�fot�n initial intetest nte oi....B...Sob�.....�. The Note p�ovides fo�chan�es in the irtterat rste�nd the
<br /> j monthly payments, •s follows: '
<br /> 1. INTEREST RATE AND MUNTHLY PAYM�NT t'HANf,ES
<br /> (A� Cra�e Datq
<br /> The intsr:st ��te I will �+ay may ch�n=e on the 6rst day of........,Iu�v............................. 19...9�...and on tA�t d�y
<br /> � everp l�th month thereafter. F.�ch date on whieh cr�r interest rote could chanse is called � "Chanae �ate."
<br /> (t) T�e lsdex
<br /> &�innin= with the firtt Change Dace. my interest �ate w,ll bc based on �n Indes. The "Index" is �he weekly '
<br /> aver��e yield on United States Troasury securilies sdjusted to a cons�ant mtturity of 1 ye�r,as made avsiVibte by �he �
<br /> Falsra!Reurve Board. The most�ecent Indsu fisu�e avail�ble�s ot tAe date 45 d�ys before cach Chanje Dtte is called
<br /> � Ihc•'Currcm liidc�."•• _
<br /> . -------_ . . ... - - ._ . --- - ._ _i__.."_
<br /> !f tha lndtx is aa tangtr avaiiy�it. �hc P�ia�e Nvtdcr wiit choase a new index which is based upon com��sble `=��-
<br /> informatian. The Note Hotdet will tive me noace of this choice. -
<br /> t C) Cak�latiw�ot Cha��es • • .
<br /> Sefore ach Chan�e ��ta.the Nnte Holder w�tt ealcul�te my new interrst rate by addinj ...T.Y,.°...�"!d..ane ,. , '
<br /> ,,,,.,..,�:alf,.,.,... „ , prreer.cs�: poines (....��5�....'i�) to�he Currcnt lndez. 7he Note Holder wili then tound �De
<br /> , result otthis addition to tAe nearese onc-ashth o�onc perceniage po'snt (0.12596). Subjctt to�he limits stated in Sectian '
<br /> I(O}. below. this rounded amovnt wdi bc my new interest rate unt�l the neat Chan6e Date.
<br /> The Note Holder will t�te� determirtc the �mour,C of the monthty pa}�mcri ihat wauld be suf�cienc c�� rep�y �he
<br /> unpaid princip�i that 1 am expected �o owe a� the Ct:anae Oa�e�n full on the mawr�ey date at my new interest r�te in
<br /> subslantially equa) payments. The ruult of th!s C�ICUEation wj�) � 1Ae new amoum of my montAly payment.
<br /> (DI U�aits ae Interest Rate Chan�es
<br /> The intetest tate 1 am reQuired to pay at�he first CAa:tge Dstc w�li no� bc arcater tAan. .9.S.Q. . `i or Icss than
<br /> .......7..5.0............�6. There�fter,my interest ra;¢w�ll RcLcr t,e incre�sed ur decre�sed on any s�ngie Change D�te by more �
<br /> thanone percenta�e poirtts (1.0� from the rate o(inlerest ( ha�e 6een paying for the precedmg�welve mor±ths. �tv �
<br /> inurest r�te will never be �reatu �han . . .,1.�RS9....`J6. ��_�
<br /> (£1 ERerti�e Date ot Chae=es ,
<br /> My new imcrest ratc will becomc ciTcctivc un cach C�:in�;c Detc 1 will p�p thc�muunt of my ncW monlhly paymCnt '
<br /> be�innin�on tl�e btst moo�hl�r psyment d;tte�fter �he CA•rngt Date untrt tnc a�mount ot my rtsun�hiy payment chanacs �"
<br /> . a�ain. ,
<br /> (F) Notice ot Chaetes
<br /> Tlst t�:ott 3-I�,Sder i+.iii�eii��r or ma�i to me�nattce o1�ny cnanges in my intGres� ratt and�t�e amount of my monthly
<br /> paymtnt before tht efTecuve date of�ny chaoge. The not�ce w�ll�nclude�nformat�on requ�red by t�w to be g�ven me and
<br /> also �he title and tetephone numGer of a person Khu w�li .,n>+�cr ,�n� yucst�on f mjy ha�c regarding the not�ce
<br /> B. TRANSFER OE THE PROPERTY UR A BENEFICIAL I�TERES`f Ih BO�tRO�ER
<br /> Uniio�m Cuvensnt i7 �f che Securi�y ins�rument is amended :o rcad ac foliaKs
<br /> T�antfer of the P�opetlY or�Bemficia{Interes�in Borrower. (f all or an} part of thc Pre�crty ar�ny�nteresi,n �i�s
<br /> sold or transferred (or if a beneficla! interest in Borrowcr �5 su:d c,r cra�;lerrc�l and f3Urru.�ct is na� � naiura: Fcrsoni
<br /> , without Lender's ptiot w�itten constnt. Lendtr may.at its c�ptio:�,reqwte�mmediate pa}trsrnt �n full of all s�ems stcured r ��
<br /> by thisStcunty Instrument.� Nowever,th�s opt�on yhal!nut hc c�crc�sed by Lendcr�f cxtrc�s.e:s pr�h�t�!sd b� fe�era! !�µ
<br /> ss of the daiC of this Sec��r�ty Instrumcn� Lenafer als� shail r.ut cxercue th,s opi�un �f t5; �orrowe� causts �u bc
<br /> submitted to l.ender information re�uircd by Lender�o e�aluaic :h��niendtd transfcrct as:t a new ban werc be�ng made
<br /> to t�te transferce: and (b) Lendet reasonably determ�ncs ihst Lcnder's sccur�iy �.�,f1 n�� be ,mpaued Ri} :nc :oan
<br /> assumqtion and tha! the risk of a hreach of any coYtnant or agreer-unt �n th�s Securit} Instrument �s aceer�table io ��
<br /> � Lendtr.
<br /> `�Tfu Incic� f1�U(C a�•aiiable as oi thc di1l�If1C IRIIIi:I �ttlCri+i 1,��' ,t,�� �!:;�.��;�: _.; I� . :i:i: :.�.i:: ...i. �.. • !~.
<br /> t . ���
<br /> $orrower's initials ,���:� Gu-hvrr�.>wer's in.iti:i; �. ' " `
<br /> MUtTISTATE AQ_US=ni;�E �+nrE n�GL�—•anM .`,/1 ; , . ,• , ` .^ . .W...�
<br /> �:�i7:e)l',J:.t�!e,,��
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