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<br /> ADJUSTABLE RATE RIDER , ; -•' •i� '�
<br /> . c,Y..�r►w��aa�•Rw ap.� �3- i�i
<br /> ----.- THis A01uSTA�1.8 RA'IS RiDBR i�s�de ihk TH e.y ot NOVEMBER - -HQ 3 ,
<br /> • �nd i�►aoor0��Ieto Md Y►W b�d�wa�d w��d�ad a�Mt tM MortW��DMd of TrwR or 3a�rkr Dad t�M"�carMr��erwi�t��)ot
<br /> the w�t d�t��tv�a by cM wdRdso�d(tM"laro�wr")to wcwn tortorwr'�I1dJwabM Rau Not�(cM••Nou,•>w
<br /> --—_--- �Q ltM•�LMdu••)ot tM��d:t::sd rore�4s�0��!dMaiMd ir tM 9�curitY Iwru�wt yd bat«I�t:
<br /> � 4419 CALVIN_DR GRAND ISLANU_� NF.ARASKA 68801 ___
<br /> ''*'. ------- (PfopertY Addtest)
<br /> • 'I'W �o1r co�tdr� �ovYbM�NowMt f�r�M��S M y' aM�N nM wl � wM�b
<br /> _ pr�nq.'I'W Mb�Ito IWIs t�e woM�t air I�te►rt nq ar c�a�e N wy wt dw��M
<br /> � da tM��Yi tMe iqxi�n niN I�R�.
<br /> __ ,--_.-�.,-�
<br /> AADITiONAL CQVENAN7'S.ln addiNaa to the covtn�nts and ycaroeau m�de in t1k Securiq'Io�aumnu,Horro�wr aod 1,adlt
<br /> '+h�� tlictLtt oovea�nt and�nee as foUows:
<br /> 4+
<br />' ---�� A, �(V'i'EitFS1'RATE AND MONTHLY�AYMENT CHANCES
<br /> --� - — 71x Note provida for an initial interest tate of 4_7 5 9�.Secdon�uf tite Note provida for Chsu►ses in tt►e iaurett r�te and the �
<br /> �,,;;, __- moothlY P�Y�ts.n foilows:
<br /> :'r., ,
<br /> �. .
<br /> �. /NTEREST RA TE AND MONTHLY P.4 YMBNT CNANOES
<br />=- (M Ci��{e Dstes
<br /> '� ''t:y,` +•' '17rc in��nte 1 will pay may chan�e on the f►�st d��,of — DECEMBER ,19�.and on that dsy every
<br /> - montlu cherafta.Fach dace an which my interat nte could c6ac�e is caikd a'•CFwqe D�te."
<br />-�. (�) 'fis 1�dac
<br /> � .�:�'• &�innin�witb Yhc tint Chan4e Wte,my Intuat rate wfU Oe based on an Tnda.The"Index"is the wee{cly avaa�e ykW on UNted St�ta
<br /> (���,j.�.�� ��yr s�cudtles�djusted to a consant matuNty of 1 yar.as m�de+►vaflable by the Fedewl Rerave Awrd.The most roaat Indac tiWre
<br /> q;��'y�'!. .
<br /> �''� availa6k as ot the d�te 43 days beforc ach Chan�t Date is calkd the••Current Index."
<br /> - - ..:, '. If the Indac u ao fon�er avail�bk.the Note Hoider wltl choose a new lndeu whkh is batai upon tomtw����o°.The Nde
<br /> - Holder wW�ive me notice oi thi:choice.
<br />::.%:�;r ,:-,-:�h
<br /> - � j �+���!�����:. _ 1W t'.�iatdrifw ui'�Oa��
<br /> � • Befote ach Ch�nte D�te,the Kde Hdder wili talculate my new interat rate by addin�TWA AND ONE HAT.F percenta�e
<br /> N ,�-.:.:..f.:,i }��,�'
<br /> �'� ���'�.��v� ��� �_S �i)ro the Current Inda and rouadin�to the narest 1/8th of lM�,subJect to the Umtcs utud in Section 1(D)bdow•
<br /> ;�.���';'�`•'�^" 'ibi�rounded amount wU1 bs my new interat rtte unttl thc next Chan�e Date.
<br /> a•°r �t.:.y�..
<br />_ ' :'a,.;•��,.'.`,- . , 1'he Note Holder will then daermitx the amaunt of the monthly payment that would be sufrdent ro repay i�full the priacipal I�m
<br />��+�- ;;�y�?i.,� , expe�Ked to owe on that Chanee Date ia substantl�lly equv payments by the maturity date at my new interat r�te.'I'he result of thls calcuLtioa
<br /> • �;��;'r' � wiii bt the new amount of my montntY paymene.
<br /> .. ,:�.i,::.'. ,....a,.�. Z
<br /> •.. :. . ' (D) Ilad4 w Irttnst Rate CMaN�a
<br /> ` i,. x,.�„�q,;,;, .,..,a;.,,�, The interat wte I am required to pay at the first Chan�e Date wiU not be greater than �2..7 5 qi �$ tlw�
<br /> �li:�, c..: .,�..,,�.,.� 2.75 �,Thereafter,my interest rat�Will never be inerased or decreased an any sinale Chan�e Aate by more thm
<br /> :'.f�.'.-�-
<br /> ,�. . M" ;�+''y t.;`�F� from the nte of interat I have been paylnQ tor the preceding cwelve months.The minimum interat rate on this Iwn will txwet be
<br /> . .� , . ��� 2.7 5_•h u�d the mazimum mtuat rate wili nevcr be Qrcater than 9•�5 h�•
<br /> .. � '�t���_ ._ .
<br /> ; :.+r�;�c...;..-.....r. lE) EttecdveD�teotCMa��es
<br /> ';'4����--.:.; yb••:�- My new interat rate will become effective on cach Chanee D�te.1 will pay the amount of my new monthly payment beQinnin�on the first
<br />:'� .. �
<br /> mouthly ptyment di�e after the Chan�e Date until the amount ot my monthly payment chan�es a�uin.
<br />_ ' " ` (fl Notice ot Clw�a
<br />- ��.��! •- 74�e Note Holder will mail or deliver to me a notice before each Chan�e D�te.The�otice witi ndvix me of:
<br /> •: .N.vrr. -- . (i) the new interest rate on my loan�s of the Changc Qate:
<br /> � (ii) the amount of my monthly payment fotlowin�the Chan�e Date:
<br /> _�`� -'_; � � � (iii) any additional ma[te�s which the Note Holder is required�o discluse;and
<br /> ��'�:'„�.„�f (iv) the�ddras of the nssociatiun you eoutd contact regardin�any qu�stions abuut[he adjusement notfce.
<br /> ��,.r\
<br /> ..:: �°'»f'�'!r� .
<br /> . B. CHARGES:LIENS
<br /> � � �: ����� ' Uniform Covenant 4 of the Sauriry lnstrument is amended to rcad as fo�low�s:
<br /> � ' a st�+•-cF~.,.; . �'
<br /> ;� ;;,�+; , : 4,ti�r�es;I,leiu.Borcower shall pay all ttuces,usessmmts,and other chages,fincs,and impositions attributabl�to thr Property which rt►ay
<br /> �... � .�,;.�n�iey�+��";,� u�ai�a pdority over thi�Security Instrument,and kouhold payments of ground rents,if any,in the m�nner provided under par�raph 2 ixreof
<br /> ' �`if�.;;"':`��:: y o�r,iq not paid in such mannet,by Bocrower making payment,when dur,direcdy�o the payee thereof.Barrower shall prompNy furnlsh Lender
<br /> 'T �• '���`����y r all nodca ot amounts due under this p�ra�raph,¢nd in the event Borrowe�sheil make payment directly,Borrower shail promptly furnish to
<br /> ;���r..� �,
<br /> ,'.�r`,�,�b'"'� i�ender raeipu evidencm� such payments. Borrower �h�ll prompdy dixharye any lien which has priority over ihis Security Instrumenr,
<br /> ��+�~Y"..
<br /> M•x"r.;.. IaMever.&rrrowtt shali na be requt�od to diuhuge any such Ilen so lon�as Burrower. (a)s ha l t a�ra in writi� to t he p a y m e nt of the
<br /> __ pi+bi�aion saured by such lien in the manner acttptabte to Lender,tb)sholl in�oai faith wotest such Ifen by,or defead a�ainst enforcetnent of
<br /> �� wc�4en in,1e�J procetdin�s which in the opinion of Lender oprrate to prevent the enforcement of tho lien or forfeiturc of th¢F'roperty a any
<br /> part tAereof;or(c)slull secure from the hotder of such lien an�rament in a form satlsfactory to Lender subordinalinQ mch Uen to this
<br /> � °-°_ SxuritY tnueumetit.
<br /> ..._.`�.�_�.�...0.,...,.,....r„r r��p.rn,r.ev i:sub3ece to a Ilen which may attain a Driority over this Securlty Instrument,
<br /> Lende�sh�ll�Ive Borrower�naice identifyin�such tien.Borcower stull satisfy such tien or take one a morc of the actlon�set twth above
<br /> wit6ia ua d�ys ot tLe{ivins of the noNa.
<br /> C. NO?iC�
<br /> Uaitorm Corenwt 14 ot tbe SecuritY tiutnuaent i�aroended to rad as fdbws:
<br /> 1�. NMlee.�cept tor aay aaia requicad under apPRcabk 1aw to De�iv�n ia L+other m�nner.(a)any naice to fiorrower provided[or in this
<br /> Se�v�;ty Iwtrun�eac�Adl pe{irea Ey ddive�ias it or by nuili�it by f rst dass mtil to Botrower�t the Properry Addrcu ot�t s�xh aAer addrcu
<br /> as Borcow�er m�y de�i�otte Oy nafae to l.awier as provided Aa+tin.+nd Ib)any notice to Lendm shall be�ivrn by first clw mail to La�der's
<br /> addnst st�nd hesrin or to wcb alier addreis�s Le►xkr m+y da+taate by notia to Borcower as provided AaYin.Any notia provided for in thii
<br /> Src�[aurw�est sbW be deemed W Aars bam�iveu w Borrowcr or l.ender whcn�ivea fn the m�nncr daitnated haein.
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