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, - � � � ADJiJSTABLE RATE RID�R �9_. �,O�►s O 9 (1 Year Treasar��ndex-Rate Caps) THIS ADJUSTABLE RAT�RIUBR is made chis �_�c,.�� :�C �Lcv�e-►�,�t�.e.�..r ,�Q �'`�9 end i� incorporated inta end s.hall be deemed to amend and supplem.n�. c.^�c biortga�e. Dcrd of Trust� or Sccurity Deed (th:: "SecwIty : � tmtrument'•)aP the�me d�te yiven by the undersi�ned(tht"8orrower")ev��ure Borrotiver's Adjustabta ltate Rtatc(th.."Nat�')to MOME EEQElIAL SAVINQB i LOAN ASSOCIATION OF aRANQ ISLAND,NEBRASKA(the "I.endeP')of the sxme date and cove�in� the praperty desc�bed in the Security In�trument and located at: �7� likaat 17th S}ra�t,� f'r�d Talanri� Illa (Property Address) rw .o�� ro.w.. �� .ua�.t.� ro�cw.�a i. ay Inerat nte �ad �y mo�t�ty p�ywe�q.This aote�o ileit�1Me��o�at my i�ten9t nte can cha�je at aoy o�e tia�a�d �Me lUe�I�lM��aM tUe aaxle��r�te 1 hst p�y. � ADD1TiQNAL COVENAN7S. In addition to the covenants and agreements mnde in thr Security Instrument, Bonower and Lender � further rnvenant and agee as foUows: , A. INTERFST RATE AND MONTHLY PAYMENT CHANGFS The Note provldes for an initial interest rate of 11 .5 �lo.Section 4 of the Note provid�s for changes in the interest nte and the I monthly p�ymttrts.u foilows: I j 4. /NTBREST RATfi AND MONTHL Y PA YMENT CHANGES � (A) Cr�e Mta � The interpt rate I wip pay may change on the first day of � - - h - ,19�_,and on that day every , tWQl1tQ months thereafter.Each date on which my intera[rate could change Is called a"Change Date." (1) Tre Ir�a� &�inninj xtth the frst Chan�e Date,my interest rate w1A be based on an Index.The"lndex"is ihe weekly average yleld on United Stata 7Yessury securitla adJusted to a constant maturity of 1 year.as made available by the Federal Reserve Hoard.The most rccent Index figure av�llabie as of the date 43 days before each Change Date is called the"Current Iadex." lf the lndac ia ao lonser available.the Note Holder will choose a new index wl5ich is 6ased upon comparable iaformation.The Note � � Holder will tive me nadce of thls choice. , . g f �C� �w\O��t! '' : Bofore eacd Chan�e Date,the Note Holder wiU calculate my new interut rate by add9ng Four ��e _ _ ?-:�_ -' 'polnts( �•�--- - �Ri)to the Cuttent index and rounding to thc neazese t/8th of 1%,subjert to the limits statul in Section 4(D)betow. - ; TAI�rounded uaount wIU be my new interest rate until ihe ne�Change Date. - _ ! The Note Holder wlll then detetmine the amount of the monthly payment that would be suff3cient to repay in fnll the principal l am �{ ezpected to owe on that Chanye Date in substantially equal payments by the maturity date at my new interest rate.The result of this calculation will be the new amount of my monthly payment. � (D) U�IM o�l�terat Rate C�aKa The ieterat rate l atn required to pay at the �rst Change Date will not bc geater than 13.5 '!e or ltss than j Q-� qi.Therafter.my interest rate wi11 never be increased or decreased on any single Change Dau by more than -��o (�..nt # ��_from the rate of interat I have betn paying for the preading twelve months.The minimum interest rate on this loan will never be � ' Ies�than_- 9�Q �i and the maximum interest rate will never be�eater than 1 g Q %, . (�) F.�Teetive D�te ot CMRKa My new interest tate will become effective on each Change Date.l will pay the amount of my new monthly payment beginning on the�rst moethly payment date�fter the Change Date until the amount of my monthly payment changes again. �_ �s , (E1 No1ke of CM� ' � Tht Note Holder will mail or deliver to me a notice before each Change Date.The notice wiil advise me of: (i) the new interest rate on my loan as of the Change Date; ` (ii) the amount of my monthly payment following the Change Date; ;� � (iii) any additional matters which the Note Holder is required to disclose;and � �iv) the sddress of 1he association you could contact regarding any questions about the adjustment notice. — �. CHARC�S;LI�N5 Unifcnm Ca�•er�anf 4 af tfie Security Instrument is amended to read as tollows: ' 1. 4Nryer lAHw.Horrower sl�ail pay all taxes.assessments,and other charga,fines,and impositions attributable to the Property which may attain�priarity�yer this Securlty Instrument.and leasehold payments of ground rents,iF any,in the manner provided under paragaph 2 hereof or,ii ac»�►aid in such manner,by Borrower making payment,when due,directly to the paya thereof.Bonower shall promptly furnish Lender �!1 notices oi�mounts due under this para�nph,and in the event Borrower shall make Dayment directly,Borrower shall promptly fnrnish to l.endet receipl�evidencinj such payments. Borrower shall promptly discharge any lien which has priority over this Security InsUUment; howevrr, 13urruwer shall aot br required ta discharge any such lien so Iong as Borrower: (a) shall agree in writing to the payment of the aMl��tiun sccured hy curh lien in the manaer acceptable to Lendcr;(b)shall in good faith contest such lien by.or defend against enforcement of sucb lien in,ItY�I procetdi��s which in the opinion of Lender operate to prevent the enforcement of the lien or forfeiture of the Property or any � — �rt tht�eof;or(c)�hall secure frnm the halder nf such lien an agrcement in a form satisfactory to Lender subordinating such lien to this ' Seairltp In�trumen�. f If(.rader determines that�il or uny pact oi the Property is subject to a lien which may attain a priority over this Security Instrument, � � I.��xkr sh�i!Kive Hunuwer�notice identifying such lien. Horrower shall satisfy such lien or take one or more of the aeiions set forih above wi�U{si reh dr�ys uf Il�c giving of thc noticc. � � � ('. Nllllt'i. 1�ndunn C o�cuwoi 14 nt the tic�ur ity Inurumrnt is.�mcnJcd to rcad as follows: h+ 11. Nulke.f K�epl f�u nny nntlu•rci�uned under applicnble law�o be Ki�en ln auothrr manner,(�)any nMice to Rorrower ptovided fot in this tir�ur��v Instrumcni�.h,�ll hc g��cn hy drli�cnng it ur hy ivailing it by first clatis mail tu Horrowcr at thc Property Address or at yuch othcr addre�� iw Il�nruwci m,�v dc.��;n;�tc(��v unuic lu I cndcr a�{xnridttl hcrrin,�md(hl flnY riaticc t�Lendcr�hall hc gi�•cn hy firtil cla�s mail tn I cndcr'� � udi9rc.�ti�,ilcd 1��rin��r��,.u,h��tlici.idJrcti�:�.i c��Jc� u�,�y�Icciknaa•hy n„iicc tu 13«uuwrr.i+pruv�dcd hcrcin ilny nol�rc pro��dcJ f��r in ihi� � °a:.urilti lu.nunirn�,hdli hc.lr�n�r�l tu hu�r bccn E�nru t��Ii��nnHCr��r 1 cn�lcrµhcu E:i�cn in thc manncr ilctif�n:UCJ hctri❑ .�.J