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<br /> ADJUSTABI,� F�ATE RIDER 9 9 10 9 81
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<br /> 7'HIS AnJUS7A9LE RA7E NID�R Is made this � 17,tF�_day ol �eptamber _ 1999._, and (., incq}porated Inlo
<br /> qnd ahaU b0 deemed lo amend a�d supplemanl the Mortgage, Ueec! �f Trust o� $eCU�'1ly nP,ed (lhG "Socm�ity Instrumcn!") tif the sama
<br /> dele glvcn by ll�e underslgned (ihe "Borrowor") to sE�cure Bortowor's AdJUStt�ble Rnle IJole (thc "Notn") lo
<br /> lincoln �edaraf Savings 8ank of eb �k�_„_�____ _M�� _'�^�_
<br /> (lho "Londer") of the samo dat� �nd coverinq the preperly describad In tho Securhy Insirumenl und located ak
<br /> ,,.. __._, .�_ 904 W�121h, Grand IslEnd; _ N�braska 68�0��
<br /> �MoP�try Ad 7rc?hs] -......._—....��_
<br /> THIS NOTE CONTAINS PROVIStON$ A�LOWING FOR CFiANGES IN THE INTER�ST RAT�
<br /> ANb 7HE MONTH�Y PAYMENT, THE NOT� (_IMITS THE AMOUNT TH� SORROWEFi'S
<br /> lNT�REST RA7E CAN CHANGE AT' ANY ONE TIME ANb 7NE MAXIMUM RAT� 7HE
<br /> BORROWER NIUS7 PAY,
<br /> ADDITIONAI CAVENAN7S, In nddilion to lhe covonant� end egreemenis m�de In 1he Security In�lrument, QotrowcY and Lender
<br /> tu�thcr covonnnl end �grae ns follow::
<br /> 4. IM7EFiE5T RATE AND MONTHLY PAYM�NT CHANGES
<br /> (A) Change Dates
<br /> Yhe tnlore3t rale I w(fl pay moy change on Ihe Crst day oi October , 2009 _, nnd on Ilint ciHy every
<br /> 12th monlh tl�oteallAr. Each dato on wiilch my inierost retn eould chnnpe is cnlled s 'Chnnc�e[late".
<br /> (B) The Index
<br /> 8aginnlny with the tiist Change �ate, my intarost rele wiA be basod on Rn IndFx, The 9�dex" ig lhe 11nn1 nvern�e caniract
<br /> Inlar'ost rAt� on convenlionpl loens closed, for purcli�sing prevfously oceupled homes, by all maJor lendris (or tliol month, as made
<br /> available by ihe Feder��l Housing Ffnance Bo`rd. Tha mosi recenl h�dex Cgurn avnlleble as ot the dale a5 days t+Pfore each Chan�o
<br /> Onle Is called thc `Currenl Index'.
<br /> 11 lhe Index Is po Ionger avelleble, tha Nolo i{�Ider wiil chooso � new index which Is baaecl upon com�nrahle inloimallon. Tlin
<br /> Nole Holdor will glve me nolico of Uils choice.
<br /> (�) Calcufatinn of Changes
<br /> Before oach Chen�e Date, tha Nole Holder will cnlculate my new tnterosl rale by a�iding Q��e_and_250 1 `�,,,.,._�
<br /> porcontagn poinls (,,,,,_ _,.1,250 qo) to ihe C:urrent Indox. Selbjpol lo ihe lirniis stoted in Section 4(U) bniow, Iid�s srnount
<br /> wMl ba my now (h�ere;t rnte un1Y tl�e nexl Chango Dale,
<br /> 7he Nolo hlolde► wiq ihon detarmine lhe nmow�l ol 11;e monthly paymant ttial wo�dd bo suf iclenl to rr.pt�y ihc un�iald pruir.ipnl
<br /> th�l � am expected lo owe at lhe Chan9e Uate b� fuli on thc maturily dale at my ncw Intaresl rate In substanG:dly equEil pnyrnenis. Tho
<br /> renuft o1 llils calculr�lion wip bo tlre new amount ot my monlhly pnyment.
<br /> (b) Lirnits on (nte�est Rate Changes
<br /> lhc htoresl rate I :+m required lo pay al the flrsl Change Data wll be no less lhan tha eurrenl Index but nu nto�e Uian
<br /> 1.ri,00�Ye polnts more lhan thc cutrent index rate. Thereafler my Intcrest ralu wi►I never bc Increase�J or dvcrcasad on nny sin9le
<br /> Char�90 Datc by mnra than One and 500�1000 _�.,�_�_porcent (1,500 96) from tlte tato oI lntcros! i hnve
<br /> bean paying for the precoding tweNe monlhs. My Inte.rest rate will nc.w��r be grealer than_,,,,_ 14.000 �,, Floor�fi,5006 96.
<br /> (�) �Hective baka of Changes
<br /> My new lnleresl rale witl bacotne etfeclive on each Chanpe Date, i wil( hay the amauiyl o( my hew monthly paymenl beginntnp
<br /> un tho ilrst mordhly p.yymont date alter lhe Chon�e Dale unti)1ho amount o{my monthly peyrnent chan�es ngo4i.
<br /> (F) Notfce o� Chpnges
<br /> lho Nola Holder will dclivcr or mail lo me e notice of any chnrn�os In my Interesl ralo a��c� Il�e amount of my rttontlily paymenl
<br /> belorc lho aflpciive date of uny cI�AnQe. Tho notice wlll Includo 4�lorrrtaliah required by fAw lo be glveii ms a11d also lho litfe And
<br /> lelopho�q frufnbef ol a person who will answe� any questlon I may hav�a regnrding Ihe nolir,r„
<br /> B. TRANSFEq OF TH� pROPERTY OR A BENEFICIA� INTERES'T IN BORROWER
<br /> Unlform Covenant t7 0l Ilie Security Inslrument Is omonded lo rcad as lotiows:
<br /> 7'ransfe� oi the Praperty or a Bene�cial Interost in Borrowo�, I(all or any part o( tl+e Propeity or mly h�tprest
<br /> fn II Is �old w IrAnsfercd (cr if s� beneficiQl Interest in Borrower I� r,o'd or iransic�rrPd and Borrower ix nol a nslurni pei•sen) wilhout
<br /> lendor's prlor written eensent, Lender may, at its opUon, require immcdiate pay�►nenl �n full o( ali sums ecaired by Uils Securily
<br /> InsiNlflAb(, Nowevcr, Ihis optfon shaq not be oxcrcised by Lendcr it exercise Is proh�ilyd hy Iedartzl law ps of lhe dafa o1 Ihla
<br /> Spr,urlly Instrument. I.Fndr.r elso si�aq no! exercisa lhis oplion (L (a) flonower causes to be si�bmitted (o l.end�r Iniormatfon tnqiiired
<br /> by lender lo oval��nte the Intended transferae As if a ncw loan were beln� tnAde to thc t�ansferee; and (b) Lcl�der rens0�tobly
<br /> �IrlPrminas thal lPndcr's security will net be impaired by tl�e loan assuinptton flnd ihal Ihe risk ot � brencli o( any coven�nl or
<br /> agrec+nlalt in Ihls Secwity In.^•Irument Is accPpixble to Lender.
<br /> F4!113.LMG(1?/�J6) Pupn 1 ot 2
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