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<br /> - ADJLJSTt��L� ItA�E ItIDER aoaz$a i a �=
<br /> ' . . (1 Yenr 7�'ePnsuey Index-tisate Caps) -
<br /> _ L'�
<br /> � FEBRUARY
<br /> �_�
<br /> THIS ADJUSTABLB ltATE RiDEtt is maJe tliis gTH day of • I-
<br /> ;• �{ 1999 ,�d iR incurpomted into and shdl be deemed to amend and supplement the Mortgage,Deed of �_
<br /> �,� Trust or Securtty Deed(the"Security Instrument')of the sume datc given by the undersigned(the"Bnrrower")to �`;:,_
<br /> secum the Borrower's Adjustable Rate Note(the"Nate")to ��
<br /> �z�-.���� t6e Bquitable Huilding uad Loan AaeocIatiaa of Oraaa [eland, Hehrasta, A Federal 8avings Dant �_
<br /> ` } (the"i.ender")of the same date and cover�ng the property descdbed in tha Seeuriry lnstrument and lacated at: t..:
<br /> P:
<br /> ���,�,;�-�������� ' 1372 W BARROWS RD HANSE1ti7, NESRASKA 68903 _-
<br /> � f'.;i�"s�.f'`'i� IProPetty A�dresaJ -
<br />`;`;;�',.:.:>;s;•�i.•�.;',:�� -
<br />� '�'.'%>�,_��.�:��%' THE yOT� CONTAINS PROb1810N8 ALLOWIINQ FOR CHANC�ES YPI YHE INTEREST
<br /> � • RAYE AND TH� MONTPILY PAYM�NT. THE NQTE LIMITS THE AMOUNT THE
<br />-A��. ., - �, BORROWER'S INTEREST RATB CAN CNAI��E AY ANY ONE TIME AND THE
<br /> °• ...� MAXIM�JM RATE THB BORROWER MU8T PAY.
<br /> .�.' -.��'.' Ap�ITIdNAI.COVCNA�I7'9. In«�tdltiun to thc rnvcnnnt»und agrcemcntR m¢do in tho Sr.cu�ity Instrument,
<br /> - Yiarmwcr and l.cndcr funhcr covcnnut utt�l ii�rcc uw&�IIowH: -
<br /> =`::s+t�t�►,
<br /> . A�.INTI;RI�,I�T[tA'fl:ANi1 MQN'i'111.Y N�YMI:NT�:NANGl:�I
<br /> -'� . ' ' 'fhe Nntc prc►vides fiir cm Initii►I intcecst Patc i�f 6•�7 S �i6, Thc Natc pmvidcs for changes In
<br />_ �C�,�9j...i..� .
<br /> ��
<br /> • the intcrest rutc and thc monthly pnymcnty,n}i fidinwx:
<br />-.a�c.:�:::� �L.�
<br />_ ,
<br /> 4.INTEREST RATF ANp MONTHI.Y PAYNIENT CHANG�S
<br />--`-'�'N�� .
<br /> _,_-� (A)Change Dutes �qpRCH � 2004 �and on thut
<br /> ---_-_ - The interest rnte I will pay mny changoon the tirst day af
<br /> - - dny every 12th month thereafter.Each ds�te on which eny interest rnte could change is called a"Chen�a Date.'
<br /> __ (B)The Index
<br /> ° — Begtnning with the ficet Chonge Dute,my interest rate will be based on sn Iadea.Tho"Indea"is the weekly _
<br /> � - = averege yield on United States Treasury se�uddes ad}usted to a constant muturlty of 1 year.as rtusde avullable by
<br /> .�,,�,�o the Federal Re�crvo Board.The most rerent Index fiQure avtiilable us of the date 4S days before euch ChanIIe Date
<br /> �-�.r� is called the"Cun+ent Yadox."
<br /> ��, If the Index is no longer availahlo,tho Notc tdold�r will choosa a new indax whlch ls based upon comparnble
<br /> -� informutiun.fhe IJote Holder will give me nadce of thie ctiaice.
<br /> (C)Cal!cu7aHon of Changes
<br /> Hefore each ChnnIIe Date,the Noto i'Yolder will cnlculste my new interest rate by adding
<br /> - -=-- - � perrcntnge point(s)( 2.000 S'o)to the(Xin�nt
<br /> Index. The Note Holder wlll then round the result of this addidon to the nearest otte-eighth of one percentage
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