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<br /> . ,J.! AD�IUBTA►BLE RATE �tIDER �+ �"��• � .
<br /> � . � � � � u Y•■•T,w�rr�ww-�n.ar�► 0o2oo�eaoa .
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<br /> � ' '17�ISAI'3JUSlABLERKI�tU�ERbm�det.fib 6TH �Yof AUOUST .f! 83 �s�d�s �
<br /> io,¢a�wrued into aad�haU ba deeined to�cQead�nd s�uppkment the Mort�e,Deed oP Tnus ar S�eurity Dad(�he
<br /> �'Sacu,ricy tostrumeac")or We ame due�Iveo by d,e uader�ed(tbe��Borrowe�r,�)a�ure Hacrc►�er'�/44jowbls
<br /> � W�t��NOtlttde"Note")W Thi E4u�+tlbi�Auitd.ng aaa lotr. �ssocut�o� of �r1nd Isi1�o,1�Dr19��, A
<br /> ��--- - - F�Qtli l.5�v i ngs Stn� (the��L,�,nder••)of the wpe dsle aad covar�n/the propatY daciibd
<br /> — ia�.Iba�SecwritY lonrumrnt�ad•locatod�t:
<br /> 3804 W AIRPORT RD aRAND ISLANd� NEBRASKA 88601-9705
<br /> _ - — lPrs��tlr Addrei+i _
<br /> - ni�NO�coNr�u+t�weov�stoNS wuownro�c�es�n��rt�sr w►Te
<br /> AND TH6 MONTHLY PAYMENT.TNE NOTE tI�RITB THE AMOUM T1iE BORROWER'B
<br /> MITERE8T RATE CAN CNMKiE AT ANY OI�E TMNE AND 1HS MA)CIMUM RATE YIIE�OR•
<br /> � ROW6R MUST PAY.
<br /> = ADDITIONAL COVENANI'S.la addition ta the covenaott u�!�oaado in tha Secur�ty lwtrume�tt,
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<br /> Borro+�er aud Lendar furthu covanaat aad aaree is follo�vs:
<br /> A. IN'IERL3T 1G1E AND MONTRLY lAYMENT CHANGES
<br /> T6e Noce provides for an iaitlal iata�t rate of 4. 7 5 O �i.17�e Note prorida for chaa�a ia tLe intereat nte and tbe
<br /> h ' monWly payments. sts followt:
<br /> 4. INTEREST RATE AND MONTHLY PAYMENI'CHANGES '
<br /> (A)Cra��e Data
<br /> � The Luerat rate 1 will pay�uay chan�e on the fust day of S E P T EhiB ER �l9 9 4 .w�d oa tlwt day
<br /> � every 12th month theresfur. Each duo oa whkh my iaterest rate could ctwnQo is qQed a"ChaaQe Data." '
<br /> � ,. ��� � ta)Tiie Iddez-. .
<br /> �;��;y�S r�:,,��s° He�innir�with thc firct Change D,�ie�u,y Liier�t rote wili b�isasz3 a�s us Irxlex. Tlse"Iadac"is ihc x�xf�ly .
<br /> �"' avera�e yteld on United States Treasury sec�uitles adjusted to a conatent maturlly of l year.a:made Available by
<br /> � �,.� ,,
<br /> '.'��'�x���i,� . �,,, :,�;•:v�:
<br /> <,:•; �''.t','„�;..;.;��:��;:: Ihe F'edernl Reserve Boud.Thc mat roceat ladex ti�uro ave�ilabk as of tha d�teA3 dtyn before eacb Chan�e O�te
<br /> ���:.�'," •��;• �captd the "Currcnt indea.,'
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<br />� r -� � If the Index is ao longer availablc� the Note Nolder will choose a ncw index which i�based u n com
<br /> a,�:.'..„ Po 1latablC
<br /> •��=��: �:: ,� � �",1�" iafomuttion. The Note Holder wW�ive me notioa of thiis choice.
<br /> `. �t. ;,,x, , '� (C)CsIc�4Non ot C6ar�es
<br /> ' •;�r�N!�}'"�,.��:.j '•j%> �" Before each Change Date�the Note HolAer wiN calculate my new interes�rate by Adding ��
<br /> ,� itr:%t,�� . -� ,,
<br />„�• , percentage poinu ( --• ��� gi)to the Current Index.The Nou Holder wiU ihca round
<br /> +�4,);t,;..;.;��:��';�;'•:, the reault of this addition to the nearest one-eighth of one per¢entaga poine(0_11.5%). Subjoct to the limtts�tated
<br /> ' ����•�����• • ' in Section 1(D)below, this rounded amount wlll be my new interest rata until the next Change Date.
<br /> ;.. ,i� ;�.,., . : :,.
<br /> �� ��rr�,rs��..+s�.;, � The Note Holdtr wW then determine the amount of the monthly payrnent that would be sufticknt to repay
<br /> '.��v�s.r.•-� .4�.,:*�• • the unpaid principai that I am expected to owe at the Change Dace in full on the maturity date at my new interest
<br /> ," �" ;��� ,. � rate in subswndaUy equa!payments.The resuic of this calculetton will be the aew amount of my monthly payiaent.
<br /> . �.�i.. ..., .
<br /> ,;,��"'".`•, ., (D)I,imit�o■ Ioterat R�te ca�aQes
<br /> , . �x. . The interest ratc 1 am roquircd to pay at the Pust Change Date wUl not be gneater�han �: . 7��� %or kss than -
<br /> �"`� ```"�`;. '`'r': ' a,t?0 %i. Thereafter,my interat rate will never be increased or decrease.i on eny single Change Date by
<br /> �,... �,:�ui�.r••::. more then two peramtagc polnts(2.0%)from the rateof interest 1 have baen payiag for the preoodin�twdve nwmhs.My
<br /> , .. intercst rate wiU never be greater then �. '`,�� �'o.
<br /> ��"•� ��-� � (E)Etf�clive Date o/Cbanges
<br />, � ���� �� My new interest rate will become effective on each Change Date. ! wi11 pay the amount of my new monthly =
<br /> - ' :��`,'"�='•�. •' �- payment beginning on the�rst monthiy payrnent date after the Change Date urstil the amount of my monchly pay- s`
<br /> � •S,,��� � ment changes aaa�n.
<br /> � (F`)Notke af Chsn�es
<br /> ��" � � The Note Holder will deliver or mail to me a notice of any changes in my interest rate snd the amount of my =
<br /> � monthly payment before the effective date of any change.The notice will include iniormation required by law to E�`
<br /> .'� � • , be�iven me and also the tide and tclephone number of a person who will answer ony question I ms►y have regarding E
<br /> 4 the notice.
<br /> �� �"� • B. TRANSFER OF THE PROPERTY OR A BENEE7CIAL INTEEt�ST�N BORROWER
<br />- �� � ?��•`�^���'�� Uniform Covenant 17 of the Security Instrument is amended to read as follo�vs: -
<br />^� � �'` � T�sa�fer oi tee Property or a Benefldal loteresi in BorroNCr.If eli or any parc of the Properiy or any interest
<br /> . .,. .:..:� .. .....:, .
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<br /> '"` y � � � ' in it is sold or transferred(or if a beneticial interest in Borruwer is sold or transferced and Borrower is not a natural
<br /> -s�� • .1�L_.'. J�_�� _S�� .�3 1 .! • .�w �:.� 2 �r�rM1WS� �w�iu ��iii w` -
<br /> s— -:;:-.:�r3,�.�_-�. ���.;:;w�u..,�.Le.-���. �-��.,� ::....���c:,:.�:.... ..:.-...::..._.. _ .. .._....r ._.._.....
<br /> . w» r• •u vp.....q ��yr..r . �..y..•..
<br /> `"�'1�""'"`' all auma secured by this Secu�ity Instrument.However,this option shall notbeexercised by Lender if exercise is
<br />,;��� �' .�•• : prohibited by federal law as of the date of this Security Instrome�t. Lenderalw shall �ot exercise this option if: -
<br /> �j:�--�=a?--, (a)8onower causes to!x submitted ta Lender information roquired by Lender to evaluate the intended transferee
<br /> ' � —r�_�r::-.: : as if a new loan were bcing made to the transfera; and (b) Lendcr rcasonably determines that Lender's secudty !
<br /> _._����• •� , wW not be impaired by the loan assumption and that the risk of a breach of anycovenant or a�rament ia thia Securi- _.
<br /> ,,.-�,c � � ty lastrument is acccptable to Lender. •
<br /> "-�� . . .. � •,:. To the extent permitted by applicable law,Lender muy charge a reasonable fee as a condition to Lender's con- �
<br /> - sent to the loan ussumption. Lender may also requue the transferee to sign an assumption agreement that is accept- ;
<br /> "�' '`�"'4" �;�" able to Lender and that obligates the transferee to keep all the promists and agreements made in the Note und in i
<br /> '��'"'� � thls Securlty lnstrument.Borrower will conttnue to be obli�ated under ehe Nae and chis Security Instrument unless !
<br /> :-.� �:�:��?�h �`` Lendrr rcleases Horrower in writin�. _-
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<br /> • ' .. ••,.. P� -. M1K71{TA7E AOJUiTA�I[M1E INOEII-AIIM 62-5wpN F�mdy-F�i�MIM�Fnddb M�c UnIlwminhnMn�m F�nn�1H�6
<br />� � -:.. • �� 022A.aw. vnrr�roer�UE f eMts•U�rzs]C+M•�ece��T�»•� �
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