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.s�:: . : . a� '��S'�;' ''�'+;� � � x::_ • �"' "�,�. � �---"r-� _ .+'.r_-.-- '--°-_.�..o..�.....�.�1 ' ' � � � .93- io9�9:94 -- - ---�----- ,I ADdU81�'A�LE RATF RIDER t1 Yar Tra�ury 1�iez—�Cap�) 002002d770 • THIS ADJUSTABLE RATE R1DER ia madc this 18TH�y of NOVEMBER �19 93��+ iucorpor�ted into and:h�ll be damed to amend and�upplement the Mort�a�e�Dad of Trust or Security Deed(the "Secudty Inurument")of the�ame date given by the undersi�nod(the"Borrower")to secure Bonowa'�Adjwubk �� — °-° �aiel�o�e(the"Note")co Tht Epuit�E}t Suildinp tnd lotn Asaoeiation ot Gnnd Isi�n4,M�bniki, A �N�i aviqs irnk (the"Lender")of the apme dato and coverins the property dacdbed in the 5ecurity Iaetrument and located at: 1111 W KOENIQ ST ORAND IBLAND. NEBRA3KA 88801-d419 IPropertY/lddra+l TFIB NOTE CONTAINS PROVISIONS ALLOWINQ FOR GHANQES IN THE INTEREST RATE ANG THE MONTHLY PAYMENT.THE NOTE LIMITS THE AMOUNT THE BORROINER'8 INTEREST RATE CAN CHANOE AT ANY ONE TIME AND THE MAXIMUM RATE THE BOR- ROWER MU8T PAY. � - - ABDITIONAL COVENANTS.In addition to the rnvenantF And.�greementc mAde in the Securlty Iniuumeat� -= Borrower +�nd Lender further covenant and aarec as follows: ---- A. INTE1tFST RATE AND MONTHLY PAYMENT CHANGEB Tiu Note provides for an initlal Interqst rate of 4.7 50 �i.The Notc provides for chs�►�es ln thc intcrest rau and the monthiy payments.ss follaws: 1. INTLtitFST 1tATE AND MONTHLY PAYMENT CHANGFS (A)C�u�e D�ta - _ The interau rate I wlll pay mAy chan�e on the first day of DECEMBER �19 9� ,and on that day �� avery 12th month thereafter. Lach dato on which my interest rate could ehan�e is callal a"Chan�e Date." --— (S)'rM� I�dex • - -- — Be�innlna wlth the ffrst Change Date. my interest rate wlll bc based on an Index.The"Index"ic the weekly n:. avera�e yield on United States Treasury secudties adjusted to a constant maturtty of 1 year.as made available by � the Federal Rct�erve Bonrd.Thc most reant Index�Qure avaUable as of the date 45 days before each Chan�e Date `'' "` ��'. b caUed the"Current Indox." � "�'z? It the Index in no lon�er available.the Note Holder will choose a new index whiah ls based upon comparable f�+r.x;,:�....sz;�c• inforrtutlon. The Note Holdar will �ive me notice of chis choice. e�r�+�k��;<wt{��i,,ts�- (C)CQcwl�tlor o/Cban�ea - ''"' ' 8ofo�o cuh Chan�e Date,the Note Ho�der�yili calculate my new intorest rate by addIng T� _ percentage points( 000 %)to the Current Index. The Note Holder will then round .� .�•y�}M1L��'�•�sy�"E �K �•s� . the re�tult of thf�wddition to the nearest one�eighth of onc percentage polnt(0.12S%). Subject to the limitc statcd ��+�+�s� tn Seclion 4(U)bolow,this rounded amount will be my new interest rate until the next Chu►ge Date. '�":``��``�`� The Note Holder will then determine the amount of the monthly payment that would be sufficient to repay �'�14�.••�^y:�-� .��:�� �'.,,,.�,;,�.. �,.;:,•,• the unp�tld principal that 1 am expected to owe at the Change Date in full on the maturity date at my new interest "'�'```''""�""" rate in wbstaotially equa!p�ymeats.Thc result of rhis calculation will be the new amount of my monthly payment. � �':` • _� ' . .,j,: ; � . �� ',.Y'��..• (U) Uadu oa Istereat Wte C6aa�es �]��.T1 —'�'��:";a� �.00��rc�qulrod to pay tu the fust Change Date wiU not be greater than 6.750 %or less than aVi.Thcrcafter.my interest rate will never be increased or decreASed on any single Change Date by ��:�•1�;.," rtwro ttun two�uem�e points(2.Ohi)from the rate of interest I have been paying for the preading twelve months.My '°�?i;: intaat r�ttr will tkwcr bo�treatcr thnn 9.750 %. —�i'n. ' � w�': (El E:If�cUv� 11at�ot CMN�ReN � c�� My new intereu rNtr will become eifecdve on each Change Date. I will pay the amount of my new monthly �sam�ti -_�=�� payment bc�innin�un thc firrt monthly payment date after the Chan�e llate until the amount of my monthly pay- �nent chan�eR�rin. (t1 Notky ut 4M�K�r 7'he Notr Nuldcr will deliver or mail to me a notice of any changes in my interest rate and the amovnt of my monthly payment befure thr effectfvr d�te of any change.The notice will include information required by law to -��-� be�iven me�nJ wl,w the titlr YnJ trlrphune number of a person who will answer any question I may have regardin� tho natice. ■.TMIYS�'�lt O!TH� PitUAE:1t7'Y OR A BENEFICIAL IN7'EREST IN BORROWER Udfonn Coven�nt 17 nf the Security Inatrument is amended to rcad as follows: Tn�t�r ot�M prop.tir or•MMefk�al Iaterat In Bocrower.If all or any part of the Property or any interest In it i�wld or tntufK��d(ur If�bonettci�l intereit in Borrower is sold or transferred and Borrower is not a natural peran)without Laiuier'� nrlor writtcn�ununt.Lender may.at its opt[on, requlre immediate payment in fuli of all�um��tred by thir 9ecurity Irutrument. However.this optton shall not be exercised by Lender if exerciae is prohibited by federd I�w s�oP the dnte uf thi�Sccurity Instrument. Lender al:o shall not exercise this option lf: (s)8orrawor au�w ta be�ubmll►af ra i.ender informatIon required by Lender to evaluatc the intended transfera a(f�new lou►werp beln{nuule to the transfcree;and(b)Lender reaaonably determines that Lender's aecurity Mlll not be imqlred by tht Ic�n wumptlon�nd that the ri�k of a breach of any covenant or a�rament in thi�Secori- ty Iaurumeat u�ccept�ble to lx�ufer. To the eut�nt permlttaJ by�tpplkNbk law. l.ender may char�e a reasonable fa as a condition to L,eqder's con- �a►t to the lora�uutnqbn.Lendt�mnY alw require the transferce to si�n an auumption a�rament that is accept- •ble to Lentler utd that obU�atM Ihe truuCtns�o keep�11 the promises and a�reements made in the Note and in t6b Sxurity Itutrument.Borrnw�r wlll coatiaus to be oWi�ated under the Note and thi:Secur�ty Instrument unlas Lendsr nka�a�ortow�r ia wrltliy. Mtll7MTATt AOJINTau�n�•-ww��-�p.►.�wr-�wr.w.r►..w.�u�n«��K r«�,s»>�s �•�iA�r vw��a�a raiw�•u�o�tunoo•iwoisz�•�2o�