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<br /> ` ADJUSTAULEYtA�'IElqI�ER � �
<br /> � (1 Ycer7rcaaury indeR=RNta C�pirbi�gd,l�Dte Cppve»fon Option) � '�`
<br /> i" ' _ _ _ ' . _,... . . .
<br /> THIS ADIUBTABLB RATp RIDHR t�mado chi� l4TH day of NpY ' • ,Iq 93 ,��� . �`,; ''-�
<br /> lncoryomted lnto and eliell be dcemcd to emond and aupptement tda Mortgage, Deod of 7Yust or Sccurity Dccd • - --
<br /> (pth�o�"��Saec!�urRity�eInNstrument")ot tho sarae� ta� 'V n b �ha dett Ig��(the"�o�c��rE����curo Borrower'�
<br /> CORPORRTe=ONote(tho"Noro")�o N��W�B� �RT�iaOE� ��
<br /> (the"Lender")of the seme dete and covering tho properry detodbed In
<br /> tho&curiryinatrumentandlocetedet: °�° -
<br /> 624 PHEA8ANT PLACE ORAND IBLAND� NE 68801 —
<br /> [Property Addroq]
<br /> THE NOTH CONTAINS PROVI810NS ALLOWINfl FOR CNAN088 tN THE INTHREBT RAT� "-_- -
<br /> AND THB MONTHLY PAYMENT.THB NOTH LIMITS THE AMOUNTTNH BORROWER'8
<br /> AQJUBTABLE INTEREBf RATB CAN CHAN�B AT ANY tlNETIME AND TH�MAHIMUM = -
<br /> RATE TH8 BORROWHR MU8T PAV. THE NOTE AL8Q CON7AIN8 THE
<br />- OPTIQN TO CONVERTYHE ADJU8TABLE RATE TO A FIXEO PATE. _ _ —�-
<br /> ADDITIONALCOVBNAN15.Inadditlanro�heco�xnantsandogrecmrntsmadeintheSecuritylnatrumcut, -
<br /> Borrower and Lendcr furthercovenant end egree es follows: -�-
<br /> A.ADJUSTABLE RATE AND MON'fHGY PAYME�V OCFIANGES _'-_-
<br /> The No�e provides(or en initial interat rete of ��`h.7'he Note provida[he chenges in tho fldJustable =_
<br /> interest rate and fhe monthly payments,es follows: =
<br /> R;e:,r
<br /> 4.ADJUSTABLE INTER6ST RATE AND MONTHLY PAYMENT CNANCES ��_-
<br /> (A)Chenge Dates �'.;
<br /> The ndjusteble interest rnte 1 will pny moy chenge on thc firs�day ot �UNE � �g 9A !F•=:"�_�
<br /> and on that dny every 12th momh thereafter. Eech dete on which my adjustable inrereat rate could change is =•'-
<br /> cnlleda'•Change p¢te." �,._x--��
<br /> (6)Thelndex = -
<br /> Beglnning with 1he first Change Unte,my aUjustable interest rn[e�viil uc unscd on an index.The"index"is �r,�„�T :• �
<br /> the weekly averege yield on United Statea 7Yensury securities ndjusted to aconstent mo�udry of I yenr,oa made ��;_
<br /> availeble 6 �he Federal Reserve 6oard.The most rccem Index fi urc avniioble nsof the dece 45 da s betore each •}�;�;��r__
<br /> Y S Y ..i',x.'�r;._;_..-:.-
<br /> Change Dace is celled the"Current Index.° �v;�;;.,�.,,;•;;r:-
<br /> If�he index is no longer availnble, �he Note Holder will choose n ne�r index tha[ is based upon comparable "'�:'��i=�:T�=�::
<br /> ���f;•:,p`prf;���
<br /> infornm�ion.TheNoteHolderwill ivemeno�iceofthischoice. +.ra�===•.���>����
<br /> S �I.Sa<':.=t�iF:`;i='-:�
<br />_ (C)Celculetion of Cdenges {�;:.,�;;.�,y.;•:`
<br />` Before each Chnnge� Date. [he No�e Holdcr�vill culculntc my newinterest rmc by ndding 2•�g� ,,;.`,�.��.tr<`^�:
<br />_ percentage points(2•7`�7c)to the Currcnt InJex. The Note Holder will then mund ihe rcsult o(�his addition +ey;:`,F}t�++ �
<br /> ro�he nenrest ono-eighth of one percentuge poine�0.125�A�.Su6ject to�he limitx stmed in Section 4(DI below this «;�S����r� i�
<br />- rounded amoum will be m new interes�ratc until the next Chan c Dntc. �r>''•-���'�--��-{
<br /> Y S :��F t-;..rn:�-.
<br />_ The Note Holder will then detcnninc ihe umount of thc monchly pnyment thm would be suffcient to repay ';y,�t�;f�}�;r�;;��,'_
<br />_ the unpuid principal that I am expceteJ io owc nt ihe Changc Datc in fnll on ihe Mawrity Dutc at my new intcrest -�- �c��f'��l,C:
<br /> `>�;�'}iF��4?�'-
<br />= rate In suhstaminlly equnl payments.Thc rewl�of thi+calcula�ion will 6c�he new nmount of my monthly pay- �i,l„r,l,y.}��_;
<br />- mem. ;�'r';,-'i:��:?:.,�..
<br /> (D)Llmlts on Intcrcat Ratc Chenges � iy�it �
<br />- The incerest r�tc I mn rcyuircd io pay at thc fir��Change Datc w�ll nrn M Fceatcr �hun �•000� or less � �.� ��� ;_
<br />= than3•000 �,�,Thereafter,myadjmtableintcre.trateo�illnc�.rlxincre:�vJnrdeana+ednnimyeingleChangeDa�e ,-,aE� '
<br /> by morc�hunTWO percemage pnim�,l t 2•�.41(rom the ram of imenyi I h:nc hen pa��ing(m ihe preading I?months. .,��{�' -�.
<br />- My interest mte will ne�rr l+e grcaitr �ku}1.000�h.���hirh i.c:dlcJ�hc"Afarimum Ra�e." - ` >, . '
<br /> a•:
<br />- BI Effective Date of ChenRes ;•";;-t,.`�'�'
<br />.- My new intereat n�e will becnme effec�ice nn cach ChanFC D�t.. I a�ill pay�he amnunt o[my ne�r mnmhly �;.`'_;r';,�';�,i�-,�'
<br /> paymcm Ucginning on thc fin� mnmhly paymem Ja�c aftcr ihc Chang.Uatc umil thc amount of my mon�hl�� �
<br /> - paynemch,ngcsagain. �"�,..,:�;.� -
<br />= IN)Notice of Chenges - .-
<br /> = The No�e HMdcr�cill deii�er or mail m mc a non.c nl an� changr�m my ad�mnblc intcrc�t ralc and thr � •?
<br /> _ amount of my monthl�� pa���mnt I+e(ore�he elfec�ire Ja�. n(am change The nniire �rill incluJe infornia�inn
<br />-= required by low tn l+c giren mr anJ al.o�hc�idr and trl.phone mm�ln r nf�per+nn w-ho u dl an.arr am yue�tion - ; -
<br />_ 1 rtuy ha�•c regarding ttk noticc. i. .
<br /> � _
<br /> - 13.FIXED INTERFST RATE OI'TIUN �, . ' .
<br />= The Nnte pmude.(ar�hc Unrroxcr�upU�m �o��m�rn fnmi:m xJJua:�hle mtere.�raic ��ilh mlcrc•t rale •
<br />= limiu ro a fixed imera�rate.a�fnllma.. / •
<br /> - 5.F'IYF.D INTF]RF'1T R.\TF.f'0�1�'F:IitiION OY"PIOM1
<br /> _ (A1 Optbn to Conrert lo Flxed Hate �
<br />..= I harc a Cnnrenion Optian �hat I ran c�crci.c unlc.. I �m in dcl:mlt nr thi.ticrtion StAI�rill nnl pctmil
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