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_____ ._ . ... . ... .. ... .,.. ..�_��� <br /> �,...�-r�., <br /> , -- • i � <br /> � <br /> � � A133USTAHLE RATE RII�ER ga�-�--�.Q 4;��$ <br /> , p Yeu Treasury lndex•Rate Gps) <br /> TtIIS ADJUSTABI.E RATB RIDBR is ma0e this ._�� dl�y of 7ulY ��g 90 , <br /> a�d is iao�xpvrat�d inco ru�i�hrril oe ciun�en co rmtacl wnd �uppienent titie Irion�e. ik�u vf s.wt. ur Snwi.y Dcai itnc"�a:urity <br /> !�c"�af.th+e�me date�ren by ttx undersi�ad�the••HorrQw�er"}to xc�rG Horrawes's Adjweabk Rate N�e(th�"NQte")tfl,� <br /> �,�YIMOi3,��AM A�fOC1ATW1,j„QF aMND I�LANQ�NESRA8KA(tha'•Lender•,)of the same date and wverins the <br /> + prp�rtx�e�c�ibed ie!Le Secudt�r lrotrument and located a1: <br /> r <br /> � 3239 W. 2nd Street a�d Q21 W. Hwv 34, Gra�d Island, Atebraska <br /> t (Propeny Addras) <br /> l <br /> F 'ifd. .N� e�Ndr. �..w.. ,�owln�t.r el�.p. ir .Ur iN�wt rale Mi �v �tW <br /> ' : My�b.'ILi��N�Tw N�Mb t�e��w�t rq iderat nitt aw ehqe�t�U ae U�e�N <br /> , �Me��wi tr4���nle I�l My. <br /> ADD1TlONAL COVENANi'S.ia addiNon to the covenanu�nd�ramrnts rr►�de in cha Secudry Inscrument,Borrower and Lsnder <br /> � t�urtMr oo�nt and a�roa aa fdlowa: . <br /> t A. INTE!!�'!'RA7E ANd�MONTHLY lAYMF.�'C�ANGFS <br /> � 'ILe No�e p[o�vida for w IaiWi iaterest n►te of ' �Ai.Section�/of the Note provida for chansa in the interat rate and the <br /> • � ��Y WY��:aa foUow�s: . <br /> � 4. INTER6ST RA�'E AND MOM'HLY PAYMfiNT CNANG4rS <br /> f � t�� a...�a.«. <br /> � The incerat rste i wIU pay may chtnse on the tirat day of AuguSt ,�9 91 ,w�d on that dsy every <br /> �WElV e ��w�qf�Cr.Each date on which my interat rate could change ia calkd a"Ctuinge Date." � <br /> (�) Tre IMat <br /> � Be�iaN��ritb the fust Ch�n�e D�te,my intnat r�te will be b��ed on an Index.The"lndt�c"is the weekly averue yield on United Stata <br /> Trwury securitia adjwted to�constant maturtty of 1 year.as made avaikble by the Federal Reserve Board.The most raent Indea fi�ure <br /> � sv�il�l+k as of the date 43 d��rs before each Chaaat bate i�caqed the"Ctinent Indez." <br /> •..a <br /> If the Indac i�no lot�er tv�ilsble,tAe Note Holder wip choose a new indeac which ia based upon compuable infocmation.The Note � ! <br /> ' Holda wll!Sive me notia of thi�choice< <� <br /> (� Cded�11M M C��es �, '� <br /> Hetae ach Ch�aae D�te,the Nate Holder wlll calculate my aew interat rate by addiva thTee p��� , <br /> �------__.= nt�t_ _3- - �.1t4I1M�aierw�!,Inei�,ianArna inajntfu�wr�etl/Rthnfl�i. enh�wrttntlu�litni�atatwrlinCw�Minnl�lFvlt►w_- -- - -- ---- --- ,__ <br /> � -- - - -•--� -- _......._.. <br /> � Thb rouoded anwuat wilt be my rne�v intereat race wtil the next Chu�e Dace. _ <br /> � The Note Holder wiU then d�termtne the smount of the monthly payment that would be sufflcient to repay in full the principal I am ' <br /> expected to o+re on that Chanje Date in substantially equa]paymenu by the maturity date at my new interac rau.The result of this citculaHon <br /> ( will lx the ne�v smount of my monthlY MY�mt- <br /> (D) LWM o�i�lerost R�te Crs�a <br /> � The interat rate 1 am requlral to pay �t the firat Change Date wiU not be grater than ��-��+ �Ai or las th�n � <br /> 9-25 �J1�.lhereafta,my interest rau will never be incs�ased or decra�sed on any sinqk Ctunge Dace by more than two �rcent <br /> � �-�� ftom the rau of lntaat 1 have ban pAying for the preceding twelve months.The minimum interest rate on this loaa will never be <br /> { les�tLan 9-� �Xi and ihe ma�dmum interat rate will never be greater th�n 1 fi�d 7�. <br /> ! (L� Ettectl�e Date ot C1�qa <br /> My new interat nto will bocome effoctive on ach Change Data I wilt pay the amount of my new monchly payment beglnning on the first <br /> monthly p�yment date sftes the Chante Date until the amount of my monthiy payment changcs again. <br /> � (F► Notice of CY���ea ••+�-_ <br /> � The Note Holder wiU mail or deliver to me a notIce before each Change Date.The notice will advise me of: : <br /> (i) the new iaterest rate on my loan as of the Change Date; ���� <br /> i (i� the anwunt of roy monthly payment following the Ghange Date; � : <br /> ' (ii� any additional mattrn which the Note Holder is required to disc!ose;and ' <br /> � rv) the address of tl�association you could contac�regarding any questions abouc the adJustment noflce. " <br /> � <br /> ` s. e�wecES;i.m�rs <br /> � Uniform Covea�nt 4 of the Secwity Insuument is amended to read as foilows: <br /> � 4. Cyrja;lJer.Horrower shall pay ail taues.assessmenu.and other charges.fines.and impositions auributable to the Property which may <br /> atuin a priority over tiiis Security instrument,and leasehold paymmts of ground rents.if any,in the manner provided under paragraph 2 hereof <br /> or,if not paid in such manner,by Borrower making payment,when due,directly to the paya thereof.Bonower shall promptly furnish Lender <br /> aD notioes of unovnts due under tttis paragraph�and in the event Borrower shall make payment diratly.Borrower shall promptly furnish to <br /> L�ender receipts evidencing such payments. Borrower shall prompdy discharge any lien which has priority over this Security Instrument; <br /> • however, Bonower shall not be roquired to discharge any such lien so long as Bonower: (a)shall agra in writing co the payment of the <br /> �bli�ation socwed by such lien in tMe manner ar,ceptable to Lender;(b)shall in good faith contest such lien by,or defend against enforcement of <br /> such lien in.le�al proceedings which in the opinion of Lender operate to prevent the enforcement of the lien or forfeiture of thc Propeny or any '�—�— <br /> part thereot;ot(e)shall secure from the hotder of such lien an agreement in a form satisfactory to Lender subordinating sucb lien to this <br /> Sectuity Instreiment. � <br /> if Lender determines that all or any part of ihe Property is subject to a lien which may attain a priority oves this 5ecurity Instrument, ' <br /> L.endet shall give Hottqwer a notice identifying such lion.Borrower shall satisfy such lien or take one or more of the actions set forth above � ' <br /> vrithin ten days of�he giving of[he notice. <br /> � C. NOTlCE � <br /> Uniform Covenaat 14 of the Security i nstrument ie amended to read as folloas: � <br /> �h <br /> 34. Notke.Except for any notice required under applicable law to be given in another manner,(a)any notice to Borrower provided for in this tp� <br /> 5ecurity instcument shaii be given oy delivering it or by mailing it by f rst ciass maii to Aorrower at the Property Address or at such other address ��� <br /> . �•� <br /> as Bnrrower may designale by notice to Lender as provided herein,and(b)a��y notice to Lender shall be given by firtt d:us mail to Lender's � <br /> address stated herein or tu such other adtlress as Lender may de�ignate by notice to 6arro«er ati provided herein. An� nohce pru�•�ded for in this � <br /> 5ecurity Instrusnent shall be decmed ro have betn gi�en to Borro«cr or tender uhen gnen in the manncr designated hercin. <br /> � <br />