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<br /> AD�U6TABLE RATE RIDER 91--�102 6 3 3 _
<br /> . 11 Y�Yrwuury lada•Rn�C�p�l _
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<br /> THIS ADJUSTABLE RATE RIDER b m�de thQ ..... 3RD ay or MAY _��0 97 �
<br /> •� �ad b incorponted into uW�haU b�d�ark+d io amend�od �uppinnent�he Mont+f�. Deed af Tru�4 w S�cu�i�Y Dad IdN "Sicurl�Y
<br /> ' • ' -��_ � tasuument")of che un�e date�iven by the unAad�ned l�lw"Borrawer")to necure Bo��ower'�AdJus��blt R�ta Nou l��"��")�u�Q� :_�--
<br /> '`� F�OEI��L 8AYINQB a LOAN,�..,.`^�IATION OF aRAND IQ.AN 11A1KA lthe'•taad�►'•�or�M wpo aa�a oow�a��
<br /> i`�'.::�i��,�° " Pl�y dIK7�bId�A 1�1f S�CYI�Iy 1Rt[fltlDp11�Ifd�OC�IOd�C � _—"cQ�
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<br /> . . ,;,,r ' 2817 IYOFiTMdEST AVE GRA(� ISLAND NEBFiASNA 88803
<br /> .:.�.4:.�/ (Property Addrasl
<br /> ��'' • :��."�i",;6 �Wwliy tor elai�1� �� I�Iaal nl���i wy w�o�Wf�
<br /> . :�r� . . TMI� 110{!tMIdM pfaMlar
<br /> -�•�; `�2:�'�•:�;,,, P�1�e�u�'[�U�ou�Il�lu�M�we�t��1�I�►MI nq e��cluhe�1�q or tlwt�M
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<br /> -_,;,'`�'i!�:: ;'r`+i;}l�{'?r;`•"'7� ADDITIONAL COVBNANTS. lu Ildditlou W the covewWS a�d Mroetaeau m�de io the Sesurily Ilulrumrnt.Borlower R�d Lenda __- _
<br /> ;'''t)�+x�`''y? u, �f;��,,i Punller core+wlw and�{tee at folbrs: ___
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<br /> �r' t>",,i�•'� A. �Ni�'1'RATE AND MON7'416Y PAYIMEhT CIlANG�4 �,.�� ;� ---
<br /> ��si';�; �' �►p�. The Note prov{des tor a�iailial interat rate oi �•S �.Se�4 of Ux Nou provides for cA�a�ia tla iataW�te�ad tAe �,�_,��;w�-•�_
<br /> •t�i:•r• 4 . -- - I000l1dYP�YIilCAts.�ltolbWi:
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<br /> .r J. � ,p, ,r�, ,:•; < < �, AV7�REST RATE AND MONTHLY PAYMBNT CHANGES
<br /> �4.k"Si:.c-?`�._
<br />:.:,•,�,,�,,,;°:� �; ^ te1 ch.�eea�a JUNE 92 ��
<br /> .�,`r�,�,f 3, � The intemt pie 1 wfU pay rtuy chan�e on Ihe firt day of �19 .and on thw�day every --
<br />,:�F,�;sl!��{.�;••, ,�".' .r .',. �� uE,, monthsthereaRer.Eac6dateonwhichmyinteratratecouWchaoYehcslleda"Chu�eDaa.••
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<br /> �y s' � ':' ; Ee�innino with thc flnt ChanQe Pa�e,my interat rate will be I�sed on an lodex.She"indea"is�Ae wakly averaQe yield on U nited Strta �-„��
<br /> . ? " ��t� Trasury secudUes adjusted to a rnnstaot matudty of 1 yenr,as made uvailabie by�fie Federr�l Raer�•e Hard.The moit raxnt I�ex ifQurc ,,.��""'�"'
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<br /> •`���1!��"���ih Rvailable a of�he dato 4S days befarc eACh ChanQe Date is called�he•�Current Index.'• ' I .� "�'"t'�;"'`
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<br /> �l -��;�;i j�''yi`' If tUe Indac ic na IonYer available,Ihe No1e Holder wiU choase a new indea which is based upon compuable iniorm�tian.'[�t�a Note r�
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<br /> ' �'� �a HoWerwiU�ivemeno►icrafthhchaice. }"�'�����
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<br /> _, � .;�,;:`� , . lG Cat�t�ao�atCla��a Tl�l�' ��1D ONE HALF �� ,J!'��`r:r�-
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<br /> �''�� �'�,j�;;�'� &foro exh Ch�e Date,tAe I.Vatt Hdder wiB calculate my new intereai raie by addin� percentage ,;.,. ,
<br /> - • '� ° points( 2•5 qi)to the Currene lndea and raunding ta the nearat 1/8iA ot'1�'i,subj�ct to the limfts stated in Socdon 41D)bebw. tt.,;",'t',
<br /> � i ' '' Thk rounded amount wlll be my new intaat rate until the next Change Date. ��f r��
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<br /> •; . ' � The Nute Hdder w1U then determine the unount of the monthly poyment that would be sufficlrn�Io repay in full the principal I am -- - _;�,_,
<br /> ' •' acpected to owe on that Chan4e Date in subslan�lally aqual payments by cFrc mawniy date at my new intercu rata The rault of Ihl�cnlculation ' '�r.. ,-
<br /> � � wiU be the new amount of my monthly paymen6 ,'£ �.
<br /> • { „ ' (D) Llwltswl�teeeslR�ttCb�naa j1��.��i�;1. ,
<br /> . .� . .' , STheointercst rate t am requircd to p�y at the flrst Change Date wfll not bc greater than 9•5 Mi or,�O than . ��<��;�: ''
<br /> � 5 �.Thereafter.my interat rate will nevcr bc increastd or decreased on any single Change Datc by mort than �'��f'':,;,'�,"'��-,-�;__
<br /> "';� � :� 2•� from the rate of in�erat 1 have ban p�ying for rhe preceding twelve momhs.Thc mfnimum interat rate on�his(ain wlll never be r�;:�+j:;'°t'''"''
<br /> ' g, :d . kp� 5.50 S�and the maximum intercst rate wfll never be 4reater thm 12.5 �y, '�'' � ,_
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<br /> • ' � (E1 Elteeti�!Dllk of CYat�e� „r's,� ,
<br /> _,, �+;..� '.ti .• �; • My new interat rute will become effectiveon each ChnnQe Date.I will pay�he unount of my new monthly payment be�inning on the ifnt
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<br /> �:�� . =:. • • �� monthly payment dalc afler the Chu�e Da1e umll theamount of my monthly payment ctun¢a a�ain. • •••• ''`�`__
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<br /> t} ��#%�r_ � '�,S yj�r+�..�;.. . (Fl Noticeof Clat�a � ,
<br /> 'k�f'} � • The Note Holder w{II mail or delfver to me�no�ke 6efore each Chan�e Date.The notice will advise me of: ' �- �+
<br /> ° 'f�y.'"��" (i) the new interat raa on my loan�s of ihe Change Date; t'L "�'-
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<br /> '• � (ii) the amount oi my moothly payment following the Chonge Dete; ��'`�`�T'�`
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<br /> ,'•, �.r��,.„` i • � pii) any additional matters which tAc Note Holder is required lo disclou;and p '�"•�---
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<br /> ,,,:;,,,,� . (iv) the addras of theacsociadon you could rnntna regardin4 any quesdaruebout tlrc adJustment naica [ ;:'�" '•;..�`"�':'_
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<br /> ' ' 4. C?IARCES:LIENS � . ��`;;•�...',.
<br /> � UoiPa►rm Covenant 4 of the 5ecurily Instrument Is amendcd to read as Yollowg: '��.���'��� .
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<br /> �•� �;�• � +,Cluu�es;iJem.Bortower shall pay all ta�ca,asussments,und other cnarges,far.:�,and imposi�ions auribu�able to the Propeny which may ,
<br />'���l;�`�'_ '' �; atuin a priority over�his Security Instrument,ond leuehold payments a9 ernund rrrx.a,if any.in the monner provided under puagr�ph 2 hercof
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<br /> '•�i::t ar,ifi not paid In such manner,by Boaower making paymmt,whert dut,directly to Ihe paya thereof.Borrower shal)prompUy fueni99�Lender . ,:,,, _
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<br /> ';'��%'��`'��>i`•. a06 n��ic�rs of vnounts due under this;paragrapA,and in�he e�en�N��sorar shall make paymnn direc�ly,Borrower shall promp�ly'rurnish to
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<br /> � .. , � �..,s,:;�•` . Lendar tece�pts evi�nclag sucl�.fiACmams. dorrower shall promp�.} discharge any lien which hns prlority over this Secudt} lnsicument; . •
<br /> �� . �•�•��.'�, horever, $oT�P�er c!eall not te�myu�vtd tn dis.hacge ony cuch Ifen co lon�as &xrower:lal shall egrce in w�ic�cg to ihe payment of�he
<br /> � ' , ' • obligation secured t+7 su:h l�en m the manntr a�ar•ca9�a�u Lender,(b1 chall�n�xuuai iaicA comest su�h lien by,or dete�::a�inst entimctmen�oC
<br /> sueh Iien in,1e4a1 procreJingti wh�elt:r.chr opinron of I.ender operate�o pre�ene thr enforcemenl ot the lien or lorleir.u:a of�he Proper.ly a an}
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<br /> . � • pan there�f;or Ic)shall sceurc from c�e holder of such hen an��ramen�m� form saustaciory to Lender cubordina�ing su.F lie�e�tluy
<br /> Seeurity Inatrument.
<br /> •� 1 If Lender determines that rll ot any pan ot ihe Prnperty i�.ub�e�t�o a[een MM.n may a�to�n a pnnn��o�er�eis�ecumy ins�rumcni,
<br /> � Lender shall��•t Borrower a no�ke idenUtyinR�urh I�rn.Horrower+hall+uu�t} w.h lirn or t�ke one or m.xe.�r che acuons sel (orlh abn�e
<br /> ,; wiihin ten days of the gfving of�he na�ce.
<br /> � , C. NOTICE
<br /> � • , lidfo�Covm�utt 14 0(the Serunt��Indrumem u omended�o,ead a�tollow��:
<br /> . N. �I�Iiee.E�cexn for any nuh�ro required under applirable luw�o be g��en m an��Iher manner,lal anv rn�n.e w&xrower pro�iderf for m thi�
<br /> Savnh[nnrumen�shal{be gi�•en by deli�enng U or by mading u b�fint claas m�d to B.xrowc�a��he Praper�. �ddress or ai tiuth oiher addrec�
<br /> . as Ci�ortower may daignaee b}•nou.x�o Lendn as prn�iJeJ hernn,and Ih)any nouce�o I:nder chall t+c gi�en hy lin�clas�mad t��Lender'+
<br /> �tress s�atedherein or to w.h o�her addre«a�l.cndcr m��dr�ipnate hy n��n.e ta Nurrower a.pro��Jal herero.An>nohce pro�ided tur m thi.
<br /> • " Secun�y Insttument sh�ll be drem�l tu hu�e I+een�nrn tu Hurrower a�r I cndcr whenµi�cn�n ihr manncr designalal herem.
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