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ADjusTA►BLE RATE RWER 89-..-102002 0 Year Treasury index4tate Caps). THIS ADJUSTABLE RATE RIDER is trade this 27 day of ' march i9 89 and is incorporated into and shaD be deemed to amend and supplement: tits l~riirrtjpge. Deed of Twat, or Security Deed (the "Security Instrument ") of the same date given by the Undersigned (the "Borrower ") to 30CU 9Wr4wWx Adjuitabk Rate Note (ft ' *Note") to HOME F liAI. SAYINGS A LOAN ASSO(I W10N OF GRAND 18LAND NH/RAM (the •'LendeP') of the acme date and covering the property described in the Security Instrument and located at: 829 Sweetwocd Drive, Gram .Island, Ne 68803 (��!- Addtcsi i71ia sae eoab lies pea +tdtuaa MOWA g for s3aasaa 61 aaar;haldteNt. tab stag or seta 11b payatalt. Tkk sett slat Yamaha tine a;maaat tar iatmg rata esti tdiut V at aq oaf dw masts ebb tk aaa dmm raft I tt utpl . ADDITIONAL COVENANTS. In additions to the covenants and agntemaats made in the Saurity lndrrunattr Borrower and Leader flusher covenant sand atgra as follows: A,. Dn"LCM RATE AND MONTHLY FAVRRNIR CH"GES The Note provides faw in initial interest rate of 13 _ c SeWW 4 of the Note rovides for changes payments, as faws: D tauges is the lateraate l r attd r<L'a tx: 4. INTEREST RATE AND MONT-ls;GY PAYMENT CH.41VOE8 . (A) Chaste Dab The interest rate I still {ray ttta};h=ge on the fir>'. -t day of A p r ii : .19 9p , sad oa tbat dsy e twelve martins theteaita. Each ditto dim which my interest rate edui d change is milled a „ChattpVM.'• (g) The iamb i 10nning with the fi vt Change grace, Iny irri rmt rate vtill:be beats! cn an Index. The "Index" is the weeklgsveap yid4 vn. United Stat+s Treasury smuiHes adjuatir t+o a constant mattttit1t of I yarn, as anal zr1a.ltriLe4y the Federal Reserve Bosizv$iTlte most recent Index EBrrr available as of the ditto (days befans each Ch up Canto it called the "Cairn t irnfLr;." If the Index is no lor:ger available. the Note Holder will choose a new 64= which is based upon eowaatble information. The Note ' Holder will five me notice of this choice. (C) Caleakdot 9•t CW ftu Before each Chsopr!?ate, the Note RuldW'Ail) calculate my new interest rate by adding f our paoeatrtge points( 4 X_ Mv) to the Curreat'lludiu ai:td roum ttg to the nearest 1/81h of 1%. subject to the limits stated In Section 4(D) below. Tihis rounded amount will be my new interest rate until the next Chang: Date. 71st: dote Holder will then - determine the amount of the moirsirfy payment that would be suffldeat to repay in full the principal I am expected to owe on that Change Data its substantially equal payntet:tx:by the maturity date at my new Interest rate. The ratult of this cakWadon will be the near amount of my monthly payment. (D) l/aatila on Wrest Rest Changes 1The interest rate i am required to pay at the first Change Date will not be greater than 1 _ S or has that S4. Thereafter. my ima ust rate will never be increavd or decreased on any single Change Date by more than two percent 2 • from the rate of interest i have been paying for the pmxding twelve months. The minimum lowest rato on this leas will never be less than 9.5 % and the maximum interrxt rxtw w• -ill never be Stcater t^ian ___L6. 5 %. (1;) Effective Date of Chaagra My new interest rate will become affective on each Change Tutu. Irvin pay the amount of my new monthly payment byimdue on the runt monthly payment date after the Chasse mate until the amount of myntr;mthly payment changes 4WD. (1) Notice of CAtaarp The Note Holder will mail or deliver tomes notice before each Change Date. The notice will advise the of: (f) the new interest rate nor my loan u of the Change WC; (ii) the amount of my tar nduy payment following the Change Date; ( iii) any additional asAus%w,.ich theNote Holder is required to ditclote ;and (iv) the addm, of the association you round contact regarding any questions about the adjustment rxntice. IL CHARGES, LIENS Uniform Covenant 4 of the Security instrument h amended to rears as follows: 4. Gsrge s; Lim. Borrower shall pay all taxes, aumments, and other charges, fines, and impositions attributable to this props l which may attain a priority over this Security Imurumeat and kasehold payments of ground rents, if any, in the manner provided under paragraph 2 hereof or, if not paid in such manner, by Borrower making paymeni. when due, directly to the payee thtmeof. Borrower sl1W promptiy.furalsh Lender an notices of amounts due under this paragraph. and in the event Borrower $hall make payment directly. Borrower than promptly furnish to Lender receipts evidencing such payments. Borrower shall promptly dischirle any lien which hu priority over this SM& .ty Instrument; however, Borrower shall not be required to discharge any such lien so tons as Borrower: (a) stall agree in wddM to the payment of thg obligation secured by such lien in the manner acceptable to Lender; (b) sham in good faith contest such Ifni by. or defend against enforcement Of such lien in, kcal proceedings which in the opinion of Lander operate to prevent the enforcement of the tom or forfeittare of she Pr•;�, ar arly Put tbsereof; or (c) shall secure from the holder of such lien an agreement is a form satisfactory to Lender subordinating aunt lien to this Security instrument. if Lender determines that all or any part of the Property is subject to a lien which may attain a priority over this Semutity instrument. Shall g:w i3o io*e► a notice identifying such lien. Borrower shall satisfy such lien or take one or more of the actions sat forth above within tm days of thegiving of the notice. L C. NO'rilCE Uneforrn t`0venmt 14 of the Security Instrument is smendld to read as follows:: N. Neyte. Except for any notice required Under applicable taw to be given in another manner. (a) any notice to Borrower provided for In this Sccunty instt anent shall be given by debveri ns it or by mttilins it by first class mail to Borr6 -let at the Property Addressor at sucb other addresE r Buttoner may detiysate by noice to Lender as provided htrecn, and obi any nc:tlrx tv Lender ,half be given by first cuss malt to Lender's e��reso ttatrd E;tresn of to stxh ethtr address as I ender may designate by nott_e to IlOrrrywer its provided herCts. Any notice provided for in urns v instrument shall be deemrd to hauc hcen 91•.en to Isurrower or Lerdrr ahm gt ven in the manner designated herein. _ - ... s 1 F` ar i4v