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ADJUSTABLE RATE RIDER 89- .03941
<br />(1 Year Treasury Index -Rate Caps)
<br />7HISAPJLISTABLER,I,TER'f?> Rism&kthh ____ zG__dayof _ _ _Julyy___ 19 09
<br />and is Inwrptxated into and shall ba dtpmed to amend and sur4 krnent the Mortgage, lked of Trust, or Se4nrity Deed (the "Security
<br />r Im3ttten»t1I) Qf thti samrt data givers by the urAwsigned (the "Borrower ") to secure Borrawcr's Adjustable Rate Note (the "Note ") to 1 '
<br />UMM &&Vfk s E LQM M2QgATIt>,>" M QRRM0 tR MD,_NEBRASKA (the "Lender ") of the same date and covering the
<br />property described in tha Security InRttwoeat sad located at:
<br />(Property Addten)
<br />Tbb state esaw" /wrwon Wbwft foe do"" Is -my lemmas a" sad tayr Mae"
<br />payosapp. T1M MNa @M NnW the m@w M my lokwM risk no cbmw at say am dare tress
<br />nlss the tsflrlttt "M atsd dw issido im caste 1 west /ay.
<br />ADDITIONAL COVENANTS. In addition to the covenants aced agreememst made in the Security Instrument, Borrower and Leader
<br />farther covenant and agree as follows:
<br />A. INTLrMEBT RATM AND [MONTHLY PAYMENT CHANGES
<br />The Note provides for an inidsl interest rate of 11 - R 44. Section 4 of the Note provides for changes in the interest rate and the
<br />monthly payments, eta folio":
<br />4. INMR0T RATe AND MONTHLY PAYMENT CHANGES
<br />(A) Chow am"
<br />The interest rata I will pay stay change on the first day of 119 90 , and on that day every
<br />tytplyq months thereafter. Each date on which my interest rate could change is called a "Change Date."
<br />(S) 71e [truss
<br />Begirwhug with the Pint Change Date, my interest rate will be based on an Index. The "Index" is the weekly average yield on United States
<br />Trptury•securities adjusted to a constant maturity of 1 year. as made available by the Federal Reserve Board. The most recent Index figure
<br />available as of the date 4J days before each Change Date is called the "Current Index."
<br />If the Index h no longer available, the Note Holder will choose a new index which is based upon comparable information. The Mote
<br />Holder will give me notice of this dwice.
<br />r
<br />(0 CakwlWaaNCkrtgtar
<br />Before a►ch Chastge.Date. the Note Holder will calculate my new interest rate by addiarg ptetcemtage
<br />noiatar 3 _ 5 n19) to theCuamt Index and roundina to the nearest 1 /ath of 1 rib. gubjea to the limits stated is Section 40) Wow.
<br />Tits rounded aatottpt w.{li be my new interest rate until the nut Change Date.
<br />The Note Holder will then determine the amount of the monthly payment that would be sufficient to repay in full the princik b am
<br />w„�.wxeetttnrw� r+n tA.t ['h*sng«+ rUte in cubstantiativ (%qual nsyrn'nrt by thw mattyryry mate at my new interest rate. The result of this caUzilatlon
<br />will be thenew amount of my monthly payment.
<br />(D) Llatita wn Wow Ram Chmen
<br />T % interest r*e -I am required to pay at the first Change Date. viK pot be greater than or less than
<br />• %. Thereafter, my interest rate will never be increased or dectra%etl on any single Change Date by more than .# r��+T.= t
<br />from the rue of Interest f have been paying for the preceding twcN6, lA .otS,%,, Thp minimum interest rate on this loan will never be
<br />le
<br />9.0 % and the maximum interest rate will never be greatenci`agst
<br />(E) Ef i cdre Dam of Cbmen
<br />My new interest rate will become effective on each Change Date. l will pay the amount of my new monthly payment beginning on the first
<br />monthly payment date after the Change Date until the amount of my monthly payment changes again.
<br />t?b • NettoeeEClnages
<br />The Ptote Holder 121 mail or deliver to me a notice before each Change Date. The notice will advise me of:
<br />(I). the ftwinterest rate on my loan as of the Change Date;
<br />4ii) the amount of my monthly payment following the Change Date;
<br />(W) any additional matters which the Note Holder is required to disclose; and
<br />(iv) the address of the association you could contact:F.Cswding any questions abcat, rjie adjustmitnt.notice.
<br />11. CHARGES.- IJENS
<br />Uniform Covenant 4 of the Security Instrument is amended to read as follows:
<br />4. Ch&W.KA4mw Bmirower shall pay all taxes. assessetet;is. add other chargr.,. fines, and impositions attributable to the Property whkh 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 />air, if not paid in suWmanncr. by Bom7wer making payment, when due, directly to the payee thereof. Borrower shall promptly furrM Lender
<br />all notiees.of ariwm des under this paragraph, and in the event Borrower shall make payment directly. Borrower shag promptly furnish to
<br />Lender, ra*pts eviderwing such payments. Borrower shall promptly discharge any lien which has priority over this Security Instrument;
<br />however, Borrower shall not be required to discharge any such lien so long as Borrower: (a) shall agree in writing to the payment of the
<br />obligation secured by such lien in the manner mceptable to Leader; (b) shall in good faith contest such lien by, or defend against enforcement of
<br />such ten in, legal proceedings which in the opinion of Lender operate to prevent the enforcement of the lien or forfeiture of the Property or any
<br />part thereof; or (e) shall secure from the holder of such Gen an agreement in a form satisfactory to Lender subordinating such lien to this
<br />security In"rWMI.
<br />If [.ender determines that all or any part of the Property is subject to a lien which may attain a priority over this 'Security Instrument.
<br />Lender shall give Borrowet a notice identifying such lien. Borrower shall satisfy such lien or take one or more of the actions set forth above
<br />within ten days of the giving of the notice. _
<br />E..,_. C. NOTICE
<br />Uniform Covenant 14 of the Security Instrument is amended to read as follows:
<br />14. !Waite. Excrpt for any notice required under applicable law to be given in another manner, tee) any notice to Doi ros+cr ptorrded for in this
<br />Security Instrument %hall he liven by delivering It or by mailing It by first class mail to Bons o,rer at the Pro". (,, Address or at such other address
<br />ys (iotrtmer may designate by nout,.e to t ender as provided herein, and (h) any notice to t ender %hall he )a.en hs first Class mail to I ender'%
<br />addrnn tuvcd heroin ur to %uth olhrr address as l coder %nay de'llmirte by notate to 11mruacr a•, provided herein Am n"u: c p:o% de_t Im rti llvs
<br />4rtUt.ty In.,tturnent ,h,All he detmrsl try hate beets gtsea !u purr -.;Irr , o 1 cadet %4ben Rtcrn ,r. itty n,aimer dv%iyn ,rt,,Y 111 rein
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