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�- -- � � AI)JUSTABLE RATE I�ID�R � 1 dg 41� (i 1'et�r Treasury Index•Ftatc C'npsl f �� "PHISAUJUS'F'ABL6RAT8RIDERismadcthis r..�—dayuf NnuP.mbt?T �,._, �_„___,«,�9 Ag, atsd�t lacu[potated into and shaU be deemed tn amend and supplanent the hlurtga�tc, Dctd af Trust. or Securlty Dce�(titc "Security r instrumtnt")of'thc aame date�iven by the undersi{aed(the'•Borrower")to srcure[k�rrawer'a AdJustable R�tte Natc f�he"Note")to M�MR� F��l1AL SAVINaB i LOAN �S�OGIATION OF GRANO 19LAND.NESAASKA(thr "Lendes")of the samc date�nd cavering tha property drscribed in the Security instruttKnt and located aE: � 1A11 Stnllnv I]arlr fj.T�l�*�iT30d1S�.8QL�� AIF+hraalra (Property Addres�3 TW �ote co�Wa provblo� d{owiq tor cY�e�a 1� my Irtercst ntte ��d Ay �t�ly � p�qa►eate.Thl�aote aba pAlu ttie asou�t ay i�terat rRte ca�cAa�ie at��y o�e tla�e��d � al�o th�miNmwm a�d tMe�i�N�s rate 1 M�+1 p�y. ADDITIONAL CQVENAM'S. ln addttion ta the covenants and agreements made in the Secudty Instrument,Borrower and Lender further rnvenaat and agree as follows: . A. IMf�REST RATE AND MON7'HLY PAYMEPiT CHANGES • _� 7�e Note provides for an inidal enterat rate of �•5 no.Section 4 of the Note provides fo�chstnges in the interat rate aad the monthly paymenu,as follows: � � 4. IMF.REST RATE AND MONTHL Y�4YMENT CHANGES (A) CUtqe D�ks The interest rate 1 will pxy may change on the first day of np�Pmbp—*–__ .19�0—,and on that day every t4tQllee months thereafkr.EacS�date on which�y interest ra�e could change ls called a"Change Date." (s) 7're Irdex Beginning witd the first Chan�e Date.my inurest rate will be bued on an Indea.'fhe"ladex"is�e weekly average yield on United Stsues 'd'erssury aecurities adjusted ta a eonstant maturity of I ytas,as made available by the Faderai Resecve Board.The most recent Indea figure � � awailable as of the date 45 days before e�ch Change Date is calted the"Current Indax." • ' . ` If the lndac�S no longer available.the Note Holder will choose a new index which is based upon comparable lnfarmaflon.The Note � Holder wiU�ive me aoti�e of thls choice. ;� � � (� GlahUo�ot CM�qc� �..=_ - 1 Arfnr�a�ch Chan�e Date=the Nute Holder will calculate my new intv�tt rate bY addlnfL �.u�g �r,� g�^_.�til�' P��uY� – -- '`-:. 1 pdnu( 2-� �i)to the Currrnt Indru and ronnding to the nwrest I/8th of 1%.subject to the Hmits statat ln Section 4(D)below�. – � T6is rouaded amoant will be mY new interat rate untii the next Change Date. t jThe Note Holder wlll then determine the amount of the manthly payment that would be sufficient to repay in fuU the principal 1 am - ( expected to owe on that Change Date in substantially equal paymenu by the maturity date at my new interat rate.The result of this caiculation � wlll be the new amount of my monthly payment. i ' (D) Wits o�Iriereat Rate Chanses The interest r�te I am required to pay at the first Change Date wiU not be greater than �n e ni or less thxn �-� 9i.Thereafur.my interest rate will never be increased or decreased on any single Change Date by more than two oercent > � (2.�) from the rate of interest 1 have been payi�sg for the preceding twelve rnonths.The minimum interest rate on thi�lou�will never be � less than 6.5 �'i and the maaimum interest rate will never be greater than 1 3.5 hi. � (E) Effecdre Date ot CUa�=a ' My aew interat rate will become effxtive on each Change Date.l will pay the amount of my new monthly payment beginffing on the first ' ! -- monthty payment date after the Change Date until the amoant of my monthly payment changes again. _ � (F) NaUa ot Ch�eaes ;"` The Note Holder will mail or deliver to me a notice before each Change Date.The notice will advise me of: ' - (i) the new interest rate on my loan as of the Change IJate; �� -- (ii) the amount of my monthly payment following the Change Date; �L` : (iii) any additional m8tters which the Note Holder is required to disctose;and (iv) the address of the association you couId contact regarding any questions about the adjnstment notice. –'� B. CHARGES;LIENS Uai!'orm Crncssu�t 4 of thr Securiry lnstrument is amended to read as follows: 1. CYsrjes:I1e�.Borrower shall pay all taxes.auessments,and other charges,fines,and impositions attributable to the Propeny which may attain a prioritg over this Security Instrument,and leasehold payments of ground renu,if any,in the manner provided under pazagraph 2 hereof or.lf not paid ia such manner.by Bonowcr making payment,when due,dircctly to the payee thereof.Borrower shall prornptly furnish Lender �. all notioes of amounts due under this paragraph,and in the event Bonower shall make payment directly,Bonower shall promptly fumish to Lender receipts evldencin�such paymenu. Bonow�r shall promptly discharge any lien which has priority over this Secudty instrument; ' however. Borrower shall not be required to discharge any sucn lien so long as Borrower: (a)shall agce in writing to the payment of the obUgation seeurecl by sueh lie�in the manner acceptable to Lender:(b)shall in good faith contest such lien by,or defend against enforcement of such i9en in.tega5 procadings whleh in the opinion of Lender operate to preveni the enforcement of the lien or forfeiture of the Property or any �t �� put thereof; or(c)shall secure from the hoider of such lien an agreement in a form satisfactory to Lender subordinating such lien to this I $ocurity lnstrument. � lf Lender determines that all or any part of the Property is subject to a lien which may attain a priority over this Security Instrument, [xnder shall give Borrower a notice identifying such lien.Borrower shall satisfy such lien or take one or morz of the actions set forth above , � ' within ten days mf the giving of the notics. L� C. N07`iCE Uniform Covenant 14 oi the 5ecurity Instroment is amended to read as fol�ows: !w 21. !VoUa.Except for any notice required under applicable!aw to be given in anothcr manner,(a)any natice To Borrower prrnidcd for in thi� � , Security Insttument shall he given by delivering it or by mailing it by first class mail to Borrower at the E'roperty Addre+s or at such uther addres� as Eiorrower may r�rsignate by no�ice to l.ender as provided herein,and fb)any notice to Lender �hall be g��en by firct clati� mail I�i l ender'. � � addrecs stated herem or to cuch other addretis as l.ender may de;�gnate by no��ce to E3orrower as prcnidrd herem. nny nnhi c rr n+u1�J tur�n�futi tiecunty Insuumcnt shall F�c decnud to ha�c hcrn gi.cn tu FSo�n�ucr cu 1 cndrr uhcn gi�cn m t3ie m.�nucr Jc�ign:�icd hcrc�n a � �i /t Ir 7�i _ r�'�r , -�rti.`i�`, —i Y,+.f �<�•, �Y i• .6''. " /.e ' `(