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ADJUSTABLE RATE RIDER 104574 (I Year Treasury Index -Rate Gaps) THIS ADIMABLE RATE RIDER is made this _ 23rd day of August,. - and is incorporated into and shall be deemed to amend and supplement the Mortgage. Deed of Trost, or Security Deed (the " Security • Instrumm ") of the same date givers by the utldadped (the "Borrower ") to secure Borrower's Adjustable Irate Note (tax "Note") to HOME . r SA491 g • LOAM Aggggl 1141c Gp"D ISLA140t NE>tlIASKik('.hre '.'Lentlt r "�qf the stittx date and covering the . property dooibed in theSecttrity Insi rdwerit and located at: - 908 South Oak, Grand Island, Ne _ (Fropeny Address) Ibb mok tEasulaa gaa Wi allowfat for cbmox b tray looted rate sad mY dMOW M-1 ifri waft who Now 1M tx WOM MW laamd cafe esd'ebow N arty oat dm M-A. - alts tle aaiaitaata aatl dw IIIINXIIIIIIIIIII raft f and pixy. ADDITIONAL CC)YEtiAIs n In addition to the covenants and t►4tt+eatents made in the Security Instrument, RMower Md lender ;� [ urtbercoreaatnmdat�cest :eeilo+vs: . , _" ::; :, '' ~1 M[LR>M1 fBATIf� laPNlfaX fAYA"T (fif `tt8 t4 i rt 4 of t9'tr x�rJ;;. yis;nv.f7or'� in.... i�tesest �t4 autd the '"kldateia i►f? fitii jIt, .fir- -^ �?- c t .., ' its ` 'RATEA_W4aA(i9NTHLYPAYMENT r �' NtERfiSi MWMI The Interest rate I W it, 7if *UY Charrae on the f irtccik.�' iof .19 so_ . acrd oa tktwtcit� �x"'r1 tttlelVQ montlim4lereafter. Each date en whidi my intemsYrate could change is called a "CloartEe.Date." ' (a) Tkfacto beginaiat with the first Change late, my intertM. rare will be based on an Indeti.. rde "Index" is the wtekly average yield on United States Treasury sw. stisin adjusted to a constant maturity of t• yrrxr.. as made available by the Federal Reserve Board. The most recent index figure available as of thedate 45 days before each Change Date is called the "Curren[ Index." If the Index is no longer available, the Note Holder will choose a new inlet which is based upon comparable information. The Note Holder will give me rimict of this choice. q. (C) CakvladftalChaarta Before ach Change Date. the Note Holder will calculate my new interest rate by adding ...t11T4la_.& - Welhalf pa�� poilits 1. 3.5 _ ._ ___Uri) to the Current Index and rounding to the nearest 16th of Iii. subkM to the limits stated in Section 4(D) below. This rounded amount will be my new Interes. rate until tlx: next Change (late. The Note Holder will then determine the arrount of the monthly papnent that would be sufficient to repay in full Me principal 1 am expected to owe on that C'MW Date in substantially equal payments by she maturity (late at my new interest rate. The result of this cakulation will be the new amount of my monthly payment. (D) 11W60818trrtatRaftCOIWO a The interest rate 1 am required to pay at the first Change !late will not. be greater than _ 13- _--a'i or .less thad. QA %. Thereafter. my interest rate will never he increased or decreased on any single Change Date by more than tent —42 0) ._from Ike rate of intefest I have been prying for the preccd:a,,,xi Ir<elvc months. The minimum interest rate on this loan iiAV nevtr be less than 9_nl % atWthemamm um interest rate will never begica ter Ihan .� .Q— _. °•o- (P) E,ffardve Daleaf Cltaata My new interest rate troll become efftcu, con cacti Change Date. I wdl pay the srls =rc. of my new monthly pagment beginning on lice firs) monthly payment date after the Change Date until the amount of my monthly payment chmges again- — (ft) NtAka of Man" The Note Holder will snail or deliver to nre a nowt before each ('hangs hate. the notice will advise me of: ?: - (i) the new Interest rate on my loan as of the Change ilate; (ii) the amount ofnymumhlypayntent following theCharigellatc; (iii) any additional matters which the Note Holder is requirt:d to d »clo: e; and (iv) the address of the association $ou could contact regarding any questions about (tie adjustment notice. f1. CHAWAS; LIENS Unifot;m Covenant 4 of the Security Instrument is amended to read as foltows: 4. Climpa; Ika. Hof rower 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 kasehold payments of ground rents, if tiny, in the manner provided under paragraph 2 hereof or. if no paid in such manner, by Sloxtower making payment, when due, directly to the payee thereof. Borrower shall promptly furnish Ltndtf all notices of amounts due under this paragraph, and in the event Borrower shall make payment dirextly. Borrower shall promptly furnish to Lender receipts evidencing such payments. Borrower shall promptly discharge any lien which has priority over this Security Instrument; however. lllotrower shall not be required to discharge any such lien 44 long as florrowe.: (a) shall agree in writing to the payment of the obli take secured by such lien in the manner acceptable to Lender. (b) U-4 i in good faith contest such lien by. or defend against enforcement of aweh Lich M. legal procteditttlt which in the opinion of I vi,.Ityr operated; r.rlvcnl the ciM- ,r.:cr—zL ;n. of the lien or forfeiture of the Property or any wire thlrtof; or (c) shall a( ziVe from the holder of such lien an ¢.rsm,r:ent in a fcratt &e�Aw.,:ory to !.ender subordinating such lien to t'r, u ' Stctirk)tltaatruftfeat. . If I tgl{littcJeterminm shat all or ka.v.Wt of the Property is !wl±iic :l: `;:o a lien QUO may,w.w l to Oiosity over this Scci ra'} air- TArumen,. shall Live such lien. 9tirruvt_a ::,eii satisfy sur:117rt n or take one or more t(, the action_. ,within ten days of the giviii u1 flee notice. C. 11fOTiCE Uniform Covetant N of the Simatily Instrument is amended to read as tc llews: 114. lW er. Fxcept for any notice required under applicable law to be given in another manner, (a) any nonce to HUIrotsrr pitividell for in thl< Security Inatument shall be aiv"_ hydebocrirtjs It nr hY W1011119 It by first class mall ro lit tifouer nt the Property Adtlrei%of al.titit other ad.trrss,' as 1kntotAcy firm 'y doianate by notice to tcntht as rrovidcd herein, and IN uny r:ati:.r to f ruder shall be given by first Llay. emit iv 1 cndcr% addresistatcd tirrein oy tosa;h <tlttrt addtest tLS )tanl.f firay doignateIt f itot:ce i0 tharoucr a., pfovldc'd herein. Awe vonc( r`ro%t:lc.l im m thw Sauriry irtstrurrent shall be dcrrnc.9 to hrtve her r f ten to Ihttr�- r of I ender uhcn given ut tt a ut tnnet (ic.ikn rst�d t (:rem I _ ,