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<br />ADJUSTABLE RATE RIDER 89" 103715
<br />(i fear Treasury Wder•Rate Caps)
<br />THIS ADJUSTABLE RATE RIDER Is nook this 1 —day of July _ r Iy 69
<br />and is incorporated into anal shall be doomed to amend and supplement the Mortgage, Deed of Tnest, or Security Deed (the "Security
<br />Itsstrilmeot ") of the aaale daft Siva by the undersigned (the "Barawer ") to segue Borrower's Adjustable Rate Note (the "Note ") to !
<br />UA MI. M Mf04 R LOAN TIM Qf GRAND IF AND. NEBRASKA (the "Lender ") of the same date and covering the
<br />ski o toy dearibed in Me Security InIntutttertt and tmied at:
<br />t. 3922 MaryLane Street, Grand Island, Ne
<br />(Property Address)
<br />IlUn new coaWas 1ltav'is Wholag for cim"n la my Intend rate aid rity mooft
<br />payments. This most a1M Moans the samitt my interest rate coot change at any otse time mW
<br />cola the tt*kwm and the ttaaimam raft 1 mat pay.
<br />- - AODITiONAL COVENANTS. In addition to the covenants and agreements made In the Security Instrument, Borrower and tender
<br />rttetbar coveaaat cotta agroe xis folltnws: �� �� ,.,
<br />A. INTt<iW RATE AND MONT'HIX PAT MIUNT CHANGES
<br />The Note provides for an initial interest rate of 1.7-75 Se►yi x. 4 of the NL44e provides for changes in the interest fee and the
<br />monthly payteenta, as follows:
<br />t 4. ENMEST RATE AND MONTHL V PAYMENT CHANCE'S
<br />(A) Chat Dow
<br />j The interea rate 1 will pay may change an the first day of Ayg;et _ , 19. 9II_ ^ . and on that day every
<br />J.,wel va months thereafter. Each date on which my interest rate could change is called a "Change Date."
<br />(a) The Itdea
<br />' Begins tag witb the rent Change Date, my interest rate will be based on an Index. The ' • IWeal is the weekly average yield on United States
<br />TrapAry securitiett adjusted to a constant nututiry of 1 year, as made available by the federal Reserve Board. The moat recent Index figure
<br />available as offliedaete aS days before each Change Date is called the "Cutitimkadae." i
<br />If the ludm.• s no longer available. the Note Holder will choose s ttn:w! index which is based upon comparable infottnation. The Note
<br />Holder will give we notice of this choice.
<br />(C) Cwkded" of cbmw
<br />Referee tacit Chow Oats. the Note Holder will calculate my new interest rate by adding first er anti nn1 nn peticientiege
<br />%la to the Curteet lade: and rourdiirn to the ne refit l lgth of r %i tubiect lathe limits itaurl in Gctinn i hrltw - .
<br />This rontaxiod atasttwtat will be my new interest rate until the next Change Date.
<br />The Note Holder will abet detetrdnr the amount of the monthly payment that would be sufficient to repay in full the ptrincipal I am
<br />tlSIIClId t1f AwtQ M tIL►r T �fM� iw tul+aMnti�U� . �rrsl ..�'ies,.�'L I.y �hn trTaf.�►nt� se. �s !^•� �+r• i ^tL'!er rlti'_ T� rM.ilt �►f l� rr.�rr *tine
<br />will be the new amount of my 0011 my Payment-
<br />(D) Umltt M falatme Renee IN"
<br />T1r interest rate 1 am. required to pay at the first. Change Date will not• be greater than _ 14_25_1% or less than
<br />10.75 +►.. Tberef fta".' gay interest rate will never by inu reased or decreased prr :arty ainsk Change Date by more than two percent
<br />_.,.(2.(l I.irtxo the rate of interest 1 hay e,ltsm paying fi vdse preceding twelve monde. Vxe minimum interest rate on this loan will never be
<br />less t3ttijl . 9:r r. Its and the maximt,irr iverfst rate will never be greater than 16.0 ,s,.,
<br />.W Olietilm Dane of Cha"m
<br />. My new interest rate will become effective on each Cliuidj c Date_ ( will pay the amount of my new momhly payment: beginning on the first
<br />moat iiy payment date after the change Date until the amoultv.of my monthly payment changes again.
<br />(IF) ?4aUitR:wrf Cbmirs
<br />711e Noce ffdier will mail or deliver to tua i notice before each Change Date. The notice will advise me of:
<br />(f) the new interest rate on my Ivan a$ of the Change Date;
<br />(ii) the amount of my monthly payment following the Change Date;
<br />(iii) any additional matters which the Note Bolder is required to disclose, and
<br />tiny; the address of the association you could contact regarding any :questions about the adjustment notice.
<br />iR CTiAW49, , AJENS
<br />Uniform Covenant 4 of the Security Instrument is amended to-tead as follows:
<br />4. £Tiger.1Jrm. Borrower shall pay ail taxes. assessmenu, and other charges, tines, and impositions attributable to the Property which may
<br />attain a priority over this Security Instrument. and leasehold payments 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 payee thereof. Borrower shall promptly furnish Lender
<br />ati notices of amount due under this paragraph, and in the event Borrower shall make payment directly. Borrower shall promptly furnish to
<br />LtatAQ roueipss evidencing such payments_ Borrower shall promptly discharge any lien which has priority cater this Security Instrument;
<br />htxivev r. Borrower shall not tk required to discharge any such lien so long as Borrower: (a) shall agree in writing to the payment of the
<br />obligmWe secured by teach lien in the inwiner acceptable to Lender; (b) shall ip good faith contrst such lien by, or defend against enforcement of
<br />sat#1 lien in. legal proceedings which in the opotion of Lender operate to pre%cnt the enforcement of the lien or forfeiture of the Property or any
<br />pat daersof, or (c) shat) secure from she holder of such lien an agreement in a form satisfactory to Lender subordinating such lien to this
<br />se urkyitistrtsn"t.
<br />If Loader determines that all or any part of the Property is subject to a lien which may attain a priority mer this S ktimy Instrument,
<br />Lender, shall give Bortowet a wk-e identifying such lien. Borrower shall satisfy su.h hen or take one or more of the aoions set forth abxne
<br />within ten days of the giving of the notice
<br />Uwnifornt t a %enatil 1401 the se c urity Inst rumen t n aineoded I o read a-, f o! I jw
<br />11. lydtwr. E'<::Cgr rest any n<awCt Tequlred tow owe an.en w a?mlt:cr rvanner. 411 attt ft.1!.,.c Ito Borrm4r. rTo'.1JrJ lol uT t!nt
<br />Set Uf Ry Irslfutr! er1Ot allbeaI%&I b' rdeu. etizattt (it !:ytrrillinrat ;! fat it.!a awr•.:t,lr..It.tr... ,a!,tht- P,.,+..ri,nl:t,v t.,�!s
<br />?.c t •:r ;`w -• fr.i, <;: ":t ^ ! !a, I Pt; rt it •Iii -ccd 1• ic, ,. u,' 1 ( .. n. , t 1,% w 1 , L
<br />0:1•[t` t•R' ^J!• le " 'IT t. - t. !T O.f tart° - i'. I for:: ^r '"]� :f! •.;t• ^'.... '1 -, t ; ..
<br />`.ems.. . (• ..r.... . ., w . .. w' j.� •:rv,�+, :w' .I: •w' r:� ! t . ?' _.art
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