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F AMUSTABLE RATE RIDER 889- 103942 (1 Year Treasury index-Rate Caps) THIS ADJUSTA7IL£ KATE RIDER h Made this z1 day of Ju - . 19 89 and is hicorparowd into a WO" be daaanW to amend and supplement the Mortgage. Deed of Trust, or Security Deed (the "Security heirwseat'l of the,ants ilm sim by the undenigned (the "Borrower ") to Nose Aorrowar's Adjustable Rate Note (the "Note ") to MME SAL SAYMM A LOri<41i ANOMMIN OF 01IA!N0 ISLAND, NUFAIKA (the "Leader") of the same date and covering the propwty daacriMd isa d w Sec OAY I nttrwoent and located at: 18 22 North Howard Court, Grand Island, Nebraska (Property Address) TMtt ttttste totttalaa MNitMrts WkN tg for do men its or Whreal tab ad ay pub partitNIL Tltb tstaae arise Maalb tMe ataltmo try IaMreat rak two tbaage stony oas tiaae 1ssM aiixo t#e NiiaiNtsw 1ttM the Naalmtt� raft I no p. ADDITIONAL COYENAMM. In addition to the covenaata and agreements made in the Security Instrument, Borrower and Lender tttrther eovenaat anti ekgree v follows: A. INIliMM-1RAIM AND MONTHLY FAYNWM CHANCES The Note provides for an initial interest rate of Section 4 of the Note provides for changes in the iemett fate and the monthly psymcwsdas follows: C INTERMT lei TE RIND MONTHLY PAYMFiVr CHANGES (A) CllaWDatta The ittttstrat rues 1 will pay tray change on the first day of At rgt tst .19 90 . and on that day ever _twelve momttq therealta. Each datem which my interest rate could change is called a "Change Data" (S) 1k 1WIe: Beginaiag with the fire Clampt Date, my interest rate will be based on an Index. The "Indeu" is the weekly average yield on United States Ttwt owy securities adjusted to a constant maturity of 1 year. as mark available by the Federal Reserve Board. The most anent Index figure available as of the date 43 days before each Chop Date is called the ,`Curren t lndex." If the Isedelt is so longer available. the Note Holder will choose a new iadtx which is based upon comparable information. The Note - Holder wilt sive we stotice of this choice. " : � ::• (a Cd do6mof CJtasga - 11itloss ie@4- C'hatye Date. the Note Holder will calculate my new interest rate by adding three and one /half percentage lwiets S �esZto the Cwrsent Index and roundim to the newest ILI&h of l , subject to the Iirnits stated in ce�e£nn 4(n) t,etn r. TVs oands aximnowillbemynewinte. est sate until the next Change Date. The Note Haider will then determine the amount of the monthly payment •that would be sufficient to repay in feral the principal f sin llfl�+rfMi tASlr► M H1�t i`M�n.w i1�t.. �i as f�ti :11 u.1 gw.n, .�..�e t.. N.. n..,Y_. a In..•_ Y =�-- �. r • 3'?'.s +qty t� +tv °t .Ti'f iv.i ju.u�SS jai.:. �1•iic IcL':: f:F 4d3 {:72WIitLliiII will be the ww aaaount of my monthly payment. (D)' Iills N Itetleteal lisle Citataga The interest rate 1 am required to pay u the first Change Date will, not be greater than 13.5 % or less titmt, tlis. Thereafter, ray interest rate will never be increased or decreased on any single Change Date by more than t r^ [7e a sip Z, Q from the rate of interest a' have been paying for the preceding twelve months. The minimum interest rue on this loan will never be ' ' )� than 9.0 and thepu.vdntum interest rate will never be greater than 16.0 R,. W FReedwe Desk of Changes 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 monthly payment date after the Change Date until the amount of my monthly payment changes again. (0 Notice M cbw4 ea 7UNote Holder will mail or deliver to me a notice before each Change Date, The notice will advise me of: n the nt:w interest rate on my loan as of the Change Date: -- W the amount of my monthly payment following the Change Date; 4(iii) any additional matters which the Note Holder is required to disclose; and Ov) the address of the association you could contact regarding any questions about the adjustment notice. - S. CHAWAZS -, LMNS Uniform Covenant 4 of the Security Instrument is amended to read as follows: 4i Caiaagia; ;his. floterotwrer shaIlpay all taxes, its, 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 paragraph 2 hereof or. if not paid in stack manner, by Borrower snaking payment. when due. directly to tle payee thereof. Borrower shall promptly famish Lender all Briers of aaaousts due ennder this paragraph, and in the event Borrower shall make payment directly. Borrower shall promptly furnish to Lender rMeips evidencing such payments. Borrower shell promptly discharge any lien which has priority over this Security Instrument; bowraw. Dorrowa shall not be required to discharge any such lien so tong as Borrower: (a) shall agree in writing to the payment of the obligation secured by such Kan in the manner acceptable to Lender; (b) shall in good faith contest such lien by. or defend against enforcement of such Sin Ice. b*d promWings which in the opinion of Lender operate to prevent the enforcement of the lien or forfeiture of the Property or any part tberoof: or (c) shall secure from the holder of such lien an agreement in a form satisfactory to Lender subordinating such lien to this Sawity Intn"neat. t If Leader determines that all or any pan of the Property is subject to a lien which may attain a priority over this -Security Instrurent. Lender shall give Borrow•tt a notice identifying such lien. Borrower shall satisfy such lien or take one or more of the actions set forth above w Nis tea days of the giving of the notice. LG Uniform Covenant 14 of the Security Instrument is amended to read as follows: 14. %Odce. Except for any notice required under applicable law to be given in another manner, (a) any nonce to $orrmAcr pro+ rded for in thy, Secutdy Instrument shall tx given by dclnerinx it or by rnaittnit it by filet rti:c rnzrl res Fic+rrc+wer 2! the Prop - -!y Addre-i�. cu 2e as Borrcmer may designate by route to I ender a-, provided herein, and (bi any notice to Lender shall be green by f r.t mail tki t ender,.. ,. address stated herein or to such other add: etis as I older may degigtute b) rv::;e to Rorro%cr at prm, ided herein An, rotrce rw. Jc.i t,v u• ft, 5ecurtty Imtrurrtent shall be deerned to ha *c been F:.cn to Fkrrrnwcr or I er:.rrr w h-. P. gner rn the manner dc,rg nutca t ercur