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<br /> � 2Q028388 _ -
<br /> 'u=� (1 Year'�reasuiy Iatlex-Rate Caps) ° -
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<br /> l Y �' '4'I3I5 ADNSTABLE itATE RIDER is made this 21 ST day of J��uAIiY , __
<br /> • 1999 ,and u incorporated into and shall be dcemed to atnend and supptement the Mort�age,Deed of ==
<br /> , . . ,-�, �`�;�-
<br /> _ .:,�.�-r: Tnsst or Secwity I2�d(the"Secur�ty��ent")of the same date given hy the undersignad(the"Borro�er")to �_-
<br /> " secure the 8flrrower's Adjustable Itate Note(the"Note")w (,� --
<br /> �����!'�' Yhe ¢qaitable Boiidiag aad Lflan Aasociatio�ai Graad talaad, H�6raste, A Federa! Seviags Hmnt
<br /> ��� (the'Lender")of the sa�ne date and rnvering the progeny desrribed in the Security Instr�ment and located aL• � -
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<br /> ;�.. 114 JIJ�ITER ALDA, NEHRASI�A [6i8p8��a 9s746 _
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<br /> •": ; �' '• ••�__ THE NOTE CQ!'e3�tNS PROVISIONS ALLOWING FOR CHANGES IN THE INTERES4 � '
<br /> �-.--- E3A� sai�3� :n� r.;�r�a HLY P�1�r"i���e:r. T:ts NOTE LMlT� THE AMOUNT THE -_
<br />:!��4y_�...- ' . _ �
<br /> � • � BORROWER'S lNTERESl' R1�YE CAN CHANGE /�T ANY ONE TIME AND iHE
<br /> H?V; .�.�.. MAXIMUlN RATE SHE Bt9itRED1�'tiiR lAUSY PAY. _
<br /> , � ADDTI'�ON�AI.CU�7`ii�►NTS.fn addirion to the covenants and a�'�-.�'°'t-�•=�'in the SecuritY Insit',:��a�,
<br /> =:'��.:,..:�;;, Borrower aud Lender f�..*-+�..�coven2nt°.�d agree as follows: ..
<br /> ��.' .
<br /> ,";T-_= A.IIvTEfi�ST RA'f�l��T.1�'�?d�,y'L�L�'PAYMENT CHANGES
<br />_ - . '`.ti{��'A .
<br /> '==`'t;��•E��:'r � The Noie pmvid�s for::��a1 interest rate of 6.39 S �7.The Note pmvides for chE:,��in
<br /> `=i:--;:,��" ts.as follows:
<br /> • the interest rate and the�onthly paYme�
<br /> =,� .,�. �
<br /> '::3'•�I.i.._:`.""
<br /> °`•_°• 4.INTEREST RATE AND MaNT�.Y PAY1ViENT CHANGES
<br /> :�i:�;.����;
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<br /> �---_-_,.:¢, (A)Cbange I)ates P y I'EBRUARY 2004 �an3 a.�•.i6at
<br /> '�`' The interest rate I vrill a may change on the first day of
<br /> •�:�;�_���� day every 12th month diereafter.E�ch date on wfuch my interest rate wnld chaaLe�s callod a"C�anbe ET�:::�
<br /> � - :���;,�
<br /> :�ax:�s1."::%r�"� (B)The In�es
<br /> ---,.-_,— - gegiituiing with thc f�t Chan�e Date.my interest rate will be base�on a.ri�n3ex.The"Index"is the wcekly
<br /> - - - average yield on Uniu�l Statts Treasury securities adjusted to a constant matur.r.�af 1 year.as m�de Availabte by
<br /> the Federal Reserve Board.The most recent Index figare avaiiable as of the date Y5 daya before eash Change Date
<br /> -—� is aille�the'Current Index."
<br /> --"��'«� If the Index is no longer available,the Note Holder will chuoss a new index which ia ba�upon comoarable
<br /> -_ :�:��,�',�
<br /> -- - }nt'armation.The Nate�i��:der will give me notice of this choice.
<br /> ---------- (C)Calsu]a4taa aS CS�anges
<br /> Befarw�;c��t�w.;�.�ate,ihe I�iate ti:��!der will calculate my naw interest rate by adding o)to the Currtnt
<br /> .� percentage poins(el E 2•� •
<br /> - Index. The Nc.e iic�cler will then round the res��.:of this ad�:�3n to the nearest one-ei�:: �f one p:*o=nt�ge
<br /> point(0.125;'c)• Suhles�:to the limits stated in SeCw�n 4(D)below,this ronnded amonnt wiU be my n�=�.�-�z:.'�est
<br /> rute untit the next Cha.�ge Date.
<br /> 'yhe DIote�Iolder wilE then determine the amount of thz mor�.��payment that wflul�be sufficient to repay the
<br /> � �� anpaid principal that I am exPected to owe ai the Change Date in fiill on the Maturity Date�.r�y ne�+itrterest rate
<br /> _,_ in su�stantially ex�ual�r,�nents.The result of this calrulation will be the new amount of my^�ntlily paym.nt.
<br /> ":a;,�„a-a.�,� .
<br /> -- _ (D)Limits on Iniemst Rate Chaa�es %
<br /> ��`-� Tha interest rate fi am require�to pay at the first Change Date will not be�reater than Q.375
<br /> -'° `��°-�'"�� or less than q.375 0•Thereafter.my interest rate will aever be ir.�c,a:�1 or derre2sed on
<br /> _-v=_�--=—� any single Change D_�:e by more than two percentage points(2.0 0)from t@s rate of ir_ten.�:I have been �ng
<br /> -- for the�:ecedlnE tG"c�r mnnths.My interest rate c,ill never be greater�i�� L 1.37 5
<br /> -� — My int�r�est. sate wi 11 never be lowez than 4�.��759�.
<br /> .�.�.�. (L)�;.I:f'rrr��L��:�-:of Chan�es
<br /> �-��Y-;•�-_' My;��;, :r.�er�� :ate will become effective on each Chan i�:I"Jr:e. I will pay 7he a..-r��usi.�f my new monthly
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<br /> _:,°.•t,��.�,,r� payment beginnir.� rr: thc first monthfy payment date after the Change Date unal th�amr:,unt o my crcon y
<br /> _ ;,•x=.;�;-,�� Payrttent chanbeszg�'r•.
<br /> -- -:°�;=•,`;.r�
<br /> �-°�rl.�fl�M' .
<br /> --�--__- (F�Notice fliChanges
<br /> r-.�;-`�_- The Note Holder will dcliver or mail to me a notice of uny change9 in my interest rs.te and the amount of rr�}r
<br /> , �onthly paym�nt before the effective date of any change.The notice will include information rcquirad by!aw to
<br /> `�-�'� ,:;�:,�;�.,'�; be given rc�e aad utso the tide and telephone number of a person �ih��1yll uns�Jer any qucstion I may hnve
<br /> • ' cegardin�the noti:.e.
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<br /> - � � e" INULT[STATE A4dUSTA8IE RATE RiDEH-AFiM B-T•Sing'.o Family•Fannte NIas/Fred�e Maa Unitnrm trntrummt
<br /> • Farm 3171 3185
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