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<br /> ADJUBTABLE I�ATE RIDER w
<br /> (1 � �l��� t� ��YfQ'1'fMWry UIdfR•R�11Gp1) I�:{� i�O
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<br /> 7HI9ADJUBTMl.8MT8RIDBRb�delhi���TM �yof SEPTEMI6ER ,19 93 •
<br /> " aMd U IlloOfporaud lato ad YwU b�d�wn�d to w�d�nd wppMm�nt tM Moeqy�,►�ed of Trwt.a 8rcurity DNd(�l►�'•lfICUllly 1/ul�1pWMU")of
<br /> tM ww d�t��Ivm bY�ht u�d�yad ph�"brro�")to weuro Yortowtr'�AdJwt�bb Rsu Noa(tIN"Nott")to
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<br /> �Q(IM'•6�sQ�r��)ot tIM aaM dM�aed aowtin/IM Propsrry dMaibed W tb�Sxwily laprwawu�pd IoeM�d qt
<br /> 1103 WEST 8TH STREET GRAND ISLAND NE 68901
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<br /> " (Proparty Addraft)
<br /> TW�ot�oorWd pro►Wo��Yady for ci�� 1�ey I�Isml eN� Ni r!'so�IMq'
<br /> a�rw�■a,r�■.ie wo u.iu u�.�wo�.��.r t.ara�n��a.c�u.s�.��.r oM u�.�
<br /> �Mo 1M wlda��M W��nq 1�ual My.
<br /> �� ADDITIONAI.COVENANTS.In�ddiUon to ihe coven�ats+iud+�anaeMS m�Ae ia tUt Secudty lamumwt�Bonowet�ad 4eader
<br /> ���;r iW1ba covea�nt and aaae a�foUows:
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<br /> ,�4�} � :"',��,':. := • A. IN7'FJtE,4T RA7'E ANO MONTH�Y PAYMF.NI'CHANCFS .
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<br /> 'h ` � � J The Note provides far an iniUal interat r�te oi 6.OD �,�tion 4 0l ihe Note provida tot chanaa in the intatat r�te�nd the '
<br /> I � i�ry'<1�. j + " �r}+ III011lIIIY PIYIIIOIIIf��!�OIIOWD: � '•,�'•
<br /> i _:��. h i �d i 4(,�. � °-.� •i..a�.
<br />� •<a �`�; ���y. ��{ k1' �+�alT> �'jr;SC��
<br /> � ��i 1'rt S?` 1��;�����t ,r �. J/V/'�R,�5TRA7EANrD.410NTH0.YPAYM�N�'CNANGBS i+,,:r
<br /> ;r � , � �;� ,r r �;�'<,s � �� � (A) CAaa�{e IMta
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<br /> :t":: '•• ,:.� �•^. }�;�����^!�'1r�"•�r The iateral raie 1 w111 pay may chmRe on the flrat day o� OGTOBER ,i fl �4 ,uid on tlut dry every
<br /> ��:,..: . F;i��,;:r:�..�'•tE',+4�N�'''
<br /> .y`r,��,e`',.!� .i7�^5�}��kt�:�,°`'�}����F�,��`j'� 12 months tbercs►fur.Bach date on which�ny interat rate couW chon�e i�called a"Ch�n�o Date.••
<br /> ••;•�.� �r.�;'r,.;�l�" . � (B)
<br /> r':�:::'�:.:c ;?;''.f'''..' .. � TYebd01[
<br /> '� � '-�� ' Be�innina with the f7at Chan4e D�te,my intera[rate will bc buM on an Index.The"inde�"I��hc weakly aver�e yleld on United Suta
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<br /> ' Treuury sxuMtla ulJusted to a consunt mawrity of 1 year,w made avaflable by thc Federal Rescrve Boud.7'ha mat recent Index tl�uro
<br /> • � � �v�ll�ble u of the d�te43 dayi be(ac e�cb Ch�n4e Dne i�caHed the"Currcnl lnde�."
<br /> �,'' , . . . If the Inden i�no lon�er�vdlabk, the Note Holder will chooso�naw inde�which is ba�ed upon compu�bk Inform�don.Tl�e Note
<br /> ' • • HoWer w111�ive me nake of�hic choia,
<br /> � �� �°���� THREE AND ONE-HALF
<br /> Befote each Ch�n{e Ihte,tAe Nole Holda wf II calcul�te my new In�ercs�ra�e by�ddin` Petaentye
<br /> • points( 3•5 �)to Ihe Curreni Index�nd roundin��01he ne�ra� l ie�h of Ini,subJect�n the Nmitt�t��ed In Section 41D)6elow.
<br /> Tbb�aundod amount will be my new imerest r�te untll tha nat Ch�n4e Date.
<br /> The Note Hdder will then determine the unount of�he monthly paymem that would be sutficknt to rcp�y in iull the principal i�m ti
<br /> ; , ' expected to owe on thot ChonQe Date in Rubs�amfally equal payments by the ma�urliy da�e al my new Intcreit rate.The resuk of thl�aikubtfon
<br /> . , wfll be the new unount of my monthly p�yment.
<br /> ��; (D) IJmib on lalerat Rau CA��Qa
<br /> �q : 4T�interat rate 1 am required ta pay a� ihe fint Change Daie will not be grea�er �han 8•� ni or les: than
<br /> .�I�y t hi.Thereaf�er,my ime�e�t rate wl ll never be i�creased or dec�eased on any slnQk Change Oate by more than TWO .�,�,
<br /> r
<br /> Z from ihe rate ot inures�I ha�•e been p�ying for the preceding�welre monlhs.The minimum imerest rale on thi�laan wlll never be ,'..��.a
<br /> r�• �i�� 4.00 �h and�hc ros�nimurn intera�rate will never be greucrr�han 11-�� ni. - `�R
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<br /> i�••'' '. � °`�'� (�) E�dectlre D�te oi Cba�aa
<br /> I�1�� � ���• My new inlerest rate will become eiteclive on each ChanQ<Dace.1 will pati tfie amoum of m>neN moa:hly paymeot beginnina on the first „�n
<br /> �:•� �� •� ;' '� aanthly paymem date aiter the Chanae bau urnfl the�moun+ot my monthly payment chan4e3 ayum. ` :'.'
<br /> • � . �..�,�• .
<br /> , �� Nolits of CAanyes
<br /> ; The Note Holder wi11 mail or deli�er to rne a noiice before each Change Date.The rtouce weUaal��x me of:
<br /> . •� (i) the new intere�l rote on my faan as of Ihe Change Date;
<br /> , (ii) theamount of mymonthlypaymem following tluChange pa:e:
<br /> liii� any�dditlonal nuuerswhich the Note Holder n rcawred so d:�dou:and
<br /> 1iv� tAe addrru of Ine s►ssacaa:w.�you could contac�re8aedu�q ar.y qiesnons about the adjustmem no11a.
<br /> f .�r�• � ..
<br /> �. CaIARGfS:LI�'�S
<br /> ; Unitorm Covcnant 4 oP ehe Sewri�y Insvument is amended to read a5 follows:
<br /> ���; : '� 1. CA��at ueo�.Burrower shall pay all t�Kes,assessmenls,ond other chorgcs,Cnes,ond Imposit ions attributable to the Property which may �
<br /> •i , tttain a prlority over this Securlty Instrumenl,and leasehold payments of grounJ rents,il'eny,in ihe m�nner providtd under paraQroph 2 hcrmf �
<br /> or,if not pafd in such manner,by Borrower makinR payment,when due,dlrectly io�he��ayee th<reof.Borrower shall promptly furnish Lender
<br /> „!,�; all nodees of amoums due under�his parwgraph,and In the even�Horraw•cr�holl makc payment directly,Borrower sh�ll promptly furnish to •
<br /> ; , Lender recefpts evidencing such paymems. Borrower tihall promp�ly discharge an�� lien whi�h h�s priori�y over this Security Instrument; �
<br /> � ' however, Borrower shall not be requircd lo dlkhargc any surh licn so lung o.Hurrower.1a)tihall ogrce fn wrfdng to the paymem of Ihe
<br /> '� •• obliwtfon secured by sueh Ilen in ihe m�nner acceptable�o t.ender;IM►shall in g�wd lui�h come�t such Ilen by,or deknd against entorcement oi
<br /> ,; � � wch Ilen in,le�al praceedinQs whkh in ihe opinfon of l.ender operete tu precem�he enfurcement of�he lien or forfeNure of�he Prapeny or any
<br /> „ • '; pan thereoi;or(c)shall saure irorn ihe holder of'such lien an agreement in a form satis(actory�o Lender subordinatin�suth lien to thfs
<br /> " ., ��_�� 5ecurlty Insuument. ,
<br /> � ' .i.'_''"'"'__e"'.�_. _��'"'_' "_._t.L�t�.._��....:....L:�......�1:�.....L..M .�... w....tw.w.:...1�...�....��A:.Cr...�:�u In.�...�w�n�
<br /> ..-1 11 LG11Yi1 Yi�i�11111R]�11�11�11 v1���)yYl�u���M1����n��) �>a��r���� •v u�����w�.�.�� .��wJ «..«.�.w y..v...� ..... ...............� ...�...........�
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<br /> �'".� ,` � , I Lender shall gire Borrower a notice idemifying surh lien. Borrower tihall cati�fy�wch tien or take one or more of�he acHont set forth above
<br /> '' +, within ten dayxot the Qivin�of�he notice.
<br /> !�,,u ;�+�
<br /> , ' : • � ..�'.. C. NO'TICE
<br /> ',�� ;��...,;':: ..,;.'�.',��r':•,, ; UniiormCovenantl4ofthe5ecurhylnstrumentis�mendedtoreadosfollow�:
<br /> � : � • � ,,...�:,�,,,:.
<br /> � ��'��;. 11. Notke.�zcep�for any noUce rcqulred under applicable law to be gf�en In Another manner, lo)any noUce to 6orrower provided(or in this
<br /> �" ''.', "'� Securfty Instrument shall be glven by delivering p or by mailing it by first class mall�o Borrower ni�he Property Address or at xuch aher addre�s
<br /> �'"�' as Borrower rnAy deslgnate by noUce�o Lender as provlded herefn,and(b1 any notiu�o Lender tihall be glven by tint class mail to Lender's
<br /> ;� ;� �•: •� •�� �' :�:;c ,
<br /> ?� �,; �"}`3I��r � , eddress stated hereln or ro such olher addras as Lender may designate by nolice to Borrowcr as provided herdn.Any nolfce provided tor in�hi�
<br /> �i,_ � � •;. � � '' .��' Security Instrumem shall be deemed to have been gfven Io Borrower or Lender when gfven i n the mnnner deslgnated hercin.
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