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AWUSTABLE RAVE RIDER 89= 10200 7 ' (1 Year TrasuryIndex -Batt Paps) THIS ADJUSTABLE RATE RIDER is made this jlqth dayof — April X 19 89 and is incorporated into and aball be deemed to amend and supplement the Mortgage. DeeA of 'Bust, or Security .Deed (the "Security Instrument ") of the saate date given by the undersigned (the "Borrower") to secure BorrowWs Adjustable Rape Note (the •'Note") toHOME MAIM SAVIN N A LOAM ASSWATION OF BRAND ISLAND NEI;MM (tie "Launder") of tlss same: dasr. and covering the property described in the Security Instrument and located at: -- 3111 Kennedy Circlap Grand Island, NE 68603 7 4F t A. IMM W VATE AND MONTHLY PAYMENT CHANGES The Note provides for an initial interest rate of _-:, in _n _�i. Section 4 of the Note provides for chatWn in dtt Interact rate and the monthly payments. as follows: 4, INTEREST RATE AND AfONTHL Y PAYMENT f.'J /ANGES (A) Cgtaage Darts The irdertst rate I will pay amychange on the first day of _ Sgatember _ .1990 . and on that dayevery 12 months thereafter. Each date on which my interest rate could change is called a "Change pate," (it) T11111elattex Beginning with the first Change Date. my interest rate will be based on an Index. The "Index" is the weekly average yield en United States Treasury securities adjusted to a constant maturity of 1 year, as made available by the Federal Reserve Board. The moat treant Index figure available as of the date 45 days before each Change Date is called the "Current Index." If the Index is no longer available. the Note Holder mill choose a new index which is bmsei W= oosnTelabie information. The Note Holder will give me notice of this choice. (C) Cs.kolatlon of Craagna Before each Change Date. the Note Holder will calculate my new interest rate by ad&c turns one -haLf percentage! liims e 7 air) to the Current Index and rounding to the nearest I /8th or• E*,::ublimg to the limits s t4d in Section 4(D) below. This rounded amount will be my ffzv interest gate until the treat change Date. The Note HOW- w;!1 then determine the wouw. of tlye sae MVy putment that would be suft6earau t>Q tt pay in !null the principal I am eaperted to ovre cgi?drttl.(; )range pate in subsea ally a , ai P&pMwm by sir¢ hm-a nr4 date at my new Interest rate. Tile mgrjt of this calculation %-M be the new amount of my masztNy payment. . (D) IhWbetalateramAlaf¢( saga The interest rate I am 'r 01 *m -d to Mi nt the first Change Due will not im )grater than, 12.0 94 or less than —B 9 9a. Thereafter, tA9 interwl, nutesvill never be increased or decreased on puny:Ongle Change Date by more than two ^_ 2— from the rate of iut�jrest I hay :t, the a paying for the preceding twelve months..'1."�he minimum interat rate on this loam will never be ra s than g� A �r,:tairi t tee maxims its+. est rue will never be greater than 1 r,,.?J 4E) Effective Dare of Chump My new interest rate will become effectii Mutt r: ash :Change Date. l will pay the amount of my new monthly payment beginning on the first monthly pa mean date after the Change Date ahill'ifte'Wnocatt of my monthly payment changes again, (F) NodetotCh alteg The Note Holder will mail or deliver to ma a notice before each Change Due. The notice will advise me of. (D the new interest rate on my loan as of the Change Date; (ii) the amount of my monthly payment following the Change Date; (iii) any additional matters which the Note Holder is required to disclose; and (iv) the address of the association you could contact regarding any questions about the adjustment notice. D. CHARGES, LIENS Uniform Covenant 4 of the Security Instrument is amended to read as follows: 4. Crargasi Llean. Borrower shall pay all taxes, assessments, and other charges. fines, and impositions attributable to the Property which may attain a priority over this Security Instrument, and leasehold payments of ground rents. if any. in the manner provided under pargmpb 2 hereof or, if not paid in such manner, by Borrower tttaking payment. when due, directly to the payee thereof. Borrower shall promptly furnish Lender all notion of amounts due under this paragraph, and in the event Borrower shall make Psyment directly, Borroxhal shall promptly furnish to Lender receipts evidencing such Payments. Borrower shall Promptly discharge any lien which bag priority over that promptly lnsttul sh t ad however. Borrower shall not be required to discharge any such lien so long as Borrower: (a) aha1I agree in writing to the paymea, of the obligation secured by such lien um vc c, manner acceptable to Lender; (b) shall in good faith contest such lien by, or defend against enforcement of such t;nt ht, legal proceedings a .: f in t,Ile opioirm of ;.ender OP—.111C to prevent the enforcement of the-lie= or forfeiture of the Property or any part thereof; or W n'rall secure from the lic-4ar of such bm sty erg: mmmt 01 Al form satisfactory ".: limier aubordinating such lien to this Security Inatr, -az% ,, i f lixztGer .rk+r *rnirtts :cunt all or any pal ; tk PILMem its s ee k .rn ben 4,k,.;_,a, =, f � a �Lt � � Owe, 'e aa Security instrument. FieA ;t7d7 eve lrlcnrnwer a nc /,= ldem�t y'ng arsi:. lxtr. %.nrnwer aha s ,:a:i PV h�: }: Sian c5r rake one cc r��re oP the actions act forth above within ten drays oltbe giving of the notice. C. NUFICE Uniform Covenant 14 of the Security instrument is amended to read as follows: t4. NNW. Lxeep► tar any notice required under applicable law to be given in another manner. (a) any notice to Borrower provided for in this Security Instrumen► shall be given by delivering it or by mailing it by first class mail to Borrower ai the Property Addressor at such other address as tsorrawrr may designate by notice to I.ertdtr as provided herein, and (b► any notice to Lender shall be given by tint class mail to I.ender's addtcss stated hrrem or to such other addtess as Lender may dtalgnale by notice to alone wee as prov-idtd herein. Any notmv provided tot to ilm (;Cc III 'IV Instrument straJ he deemed toh.act been.given to Wrrn)vvrr or I.erder tishcn gi�cn in the manner dtsianated hznirt • f P'+:. h� '1