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L (b) Mortgeoa 49WO to Ply the **NOW monthly In•Ulmmt amount begWAQ on the *at Mment date which ooaue at lent u+tV (30) days NNr Mattoegae Mia ann the A4uskmd Nofoa to MortgW Motlg Igoe wN oonttnw to pay the a4uslul monthly Indeb wd amount ad forth In"tW A wMw * W-0, awn by Morlpgee to Mo VMW and the fist payment dale which ooara at WM Oft (30) days MW POP, efosoae has awn a %xthv AdPdmant Maim b Modpoor. NotwlgwWWho anythtro to Ow conboy oonwhed h this AdJpahbe PWW (tldsr or this Ntoilp9i Mottpsoor will be aMred of way chipoon to pay. and M(Mloagee wN haw fcrift d Na flpfM to oodeot, any 1 in the nronMdy iwWamt anwcxrt , (owis4d by tha moNa*Won d such amount under SubparWeph M(s)),for any pop w dde oaaxho leas than >ft (30) days after the Mo 1pos- hw OM the appMcabe Aquetrtwtt Nolte to Mataapla +. (9) Notwithift9b WW" oo ONW in this AdjustabN We R1dar, in the Arent than Q) the FjM Intand Rah was nduoad on a Chenoa DoW and (A Matpogea laded to aw the Adjuslnw Nome when mgWm4 and (IQ Mortppa ootwaqu *, has made any monthly inWI*out paynwna In erooess of tM aewurM ~ wouW have bean set forth In suoh Adjjo w* Nolids ("Emm PWmft"). then Ma IPW, d Morgaoor's soe option, my edhw (t) demand the alum Mon IMagaoae (who for the purposes of tftN as 10-ce wN be deemed to be the malpagee, or matoarsaa, who naked sudti www Payrm Ms. whetlwr or not any such Wgsgaa vA***w* a *WW the Mortgage) d M ar anti pork of such Exossi P* wMe, with t e id thwW at a ra* gqud to the kWw on the Change Date when the EWWV I M "a RW vwa ao tercLKw froth the dm each auoh Excess Payrrw* wai awe by Matoapv to gpop.m , or (2) nqued that ad r r any podlort ON span lopthm with ad Into ttwsor►' owed as pr a d k shors . be appkd as peYnwft ag*W prhoW 5. Nolhtq oor kh— In thh Ac*mkbie Rah RWw will pamrtl Mortgagee to acoomoW an blow taN;,edjUatnrwM thraph an inawe (a daasase) to the WOW prhdpd bainoe. Changes to the Bdeling trtered Rata a* gaily be aMoted through adjustment to Matoaoor's monthly hspdrrwM pay" of p*xipd and Intwest. as provided for Mrak BY 3004 BELOW, Mortgeoa aooapta.and eWon to the tone and oovenents oonMkW in this Adjustable Rah Rker. STATE OF NEBRASKA. ebr J. Xnodel COUNTY OF HALL The forvip ft inskument was admow1odpci bslwe me this 26th &y of June 1989 by Arthur R. Knodel and Debra J. Knodel, husband and wife; 1M NE3S my Nand and dkbi UN. My oormrkaWon 00" . • . � �fM1'-mM fA Mtald (9EAL) COWIM A NAL" wa.ar*�cn�w STATE OF NEBRASKA COUNTY OF HALL ta. I haraby arty that Oft h*umant was 50d for record in my offlcs at o'dock _M.. &W Is duly aoordsd N book Pape (C" and Recorder) (ague» FHA ARM • Ridt► Cage 2 012 3 R e