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<br /> .� ADJUSTABLE RATE RIDER
<br /> — tIl YMr Tnwry Y�ia—iWe Cwp�) 00200Zd7Qa
<br /> THIS ADJUSTABLE RATS RIDBR is msde thi� 19TH day of NOVEI+IBER .�� A3 ���
<br /> incor�n�ted into and�hail be deemed to amend�nd rupplement the Mort�e�Doed of Trust or Secudty Deed(tho
<br /> ••Secudty Instrument")of the auae date�iva►by the undenipied(the"Borrowa•')to secure Dorrowar'�A�jwabie
<br /> = Ratc Note(the"Note")to Tb E1�itN1� lri111n� trtd Lotn At�otittioA of Crtad Ialtnd,N�Or��k�, A
<br /> F���rt1 t�v i��� I�ek (the"l.eader")ot the wne d�ousd cavaias t1u propertY dwcribed
<br /> in the Security I�utrument u�d located�t:
<br /> �� 2108 TOPEKA CR �RANO I8LAN0. NEBRABKA 68803
<br /> �PtopttY�dd��l
<br /> ���� THE NOTE CONTAIIYS PROYISION8 ALLOWINa FOR CHMIGES IN THE iNTEiiE�7 RAT�
<br /> AND THE MONTHLY PAYMENT.THE NOTE LiMIT8 THE AMOUNT THE 60RR0'WER'8
<br /> INTEREBT RATE CAN CHAN3E AT ANY ONE TIME AND THE IYIAxMNIJM MTE THE oOR-
<br /> NQWER MU8T PAY.
<br /> - ADDITIONAL COVENANTS.In�ddition to the covenantr and a�rameota m�de in the Secu[Ity Iastrument� _
<br /> � Borrowa and Lender further covenant and a�ra as foUowa:
<br /> A.INTERF.ST RA?E AND MONTHLY PAYMENT CHANGFS
<br /> The Noto prov�da f�r an Wdal inters,�t rate of 4.7 60 g�•"me Nou provlda for ci�n�a in the interat rate and tde
<br /> �� monthly payment:� as follows:
<br /> 4.IN7'EitESf RATE AND MONTNLY PAYMENT CHANGFS
<br /> `; (A)C�e Data
<br /> � � The interest rate 1 wiU pay may chxn�e on the fast day of DECEMBER ,Ig 94 ,and on ttwt day
<br /> � ��� ; every 12th month thereafter. Eoch date on which my Interest rate could chsnee u called a"Chan�e Date."
<br /> r.
<br /> � (B)T6e Iodez� '
<br /> ,�'"�'-�"<^��'�'� BeQinning with the firat Change Date,my interest rate will be based on an Index.The"Index"Is the wakly
<br /> �'��"1."'
<br /> ,,,�,�,,,,;,<.. avera�e yield on United States Treasury securities adjusted to a constant matudty af I year,as made available by
<br /> .'`c,-'L''�.y4'"-",•:':`' .i�• thc Federal Reserve Board.The most rceent Index figure available ac of the date 45 daya before each Chsu�e Aate
<br /> •'tk:i��.�'..6.sls•�t "-
<br /> ' ��;;,:,,r,';; i�caUed the"Current index."
<br /> ^.•�� '-'•�• ` �f the Index is no longer available,the Note Holder will choose a new index which is based upon comparable
<br /> �'.�� . . ` . . information.The Notc Holdcr will�Ive me noticc of this choice. =
<br /> ''�'`11�"� `°- "`'" ;..'� (C)CAkulatlon of C6in�es
<br /> ' y�_;y,,,« `�,�,,.. ' Befare each Change Date,the Note Ho�ld�ill calculate my ncw Interest r�te by adding �
<br />�u���
<br /> _ .�w•.�..:�:.:n:».� percentagc points( • no)to the Current Index. The Note Holder will then round
<br /> ;kk:•'.._`.' . ' the result of this addition to the nearest one-eighth of one percentage po[nt (0.12S�i). Subject to the litnits stated
<br /> • "�''c, !n Section 4(D)bclow,this rounded amount will be my new interest rate untll tht next Change Date.
<br /> . _'� ".� The Note Holder will then determine the amount of the monthly payment that would be sufficient to repay
<br /> ,� '' ,�,��,�;,� .,_, the unpaid princlpal that I am cxpected to owc at the Change Date in full on the maturity date at my new intcrest
<br /> > � ,. -�� . �� rate in substantially equal payments.The result of this calculation will be the new omount of my monthly payment. -
<br /> '��
<br /> N'r' � ,.� (D)Liiaits ou Iate�t Wte C6an�es
<br />-``r� `�'Y"•M' '�° '''•' 4.00��terest rate I am required to pay at the first Change Date wiU not be greater than 6. 750 °!o or kss than
<br /> •• %i. Thereafter,my interest rate will never be increased or decreased on any single Change Date by _
<br /> `-_ y'• - more than two perorntage points(2.0%)from the rate of intereat 1 have been paying for the proceding twelve months.My -
<br /> �� ` interost rate will never be greater than 9•75a %.
<br /> ':�!' ;.y`~�"� (�)Ettective D�te o(Cb�ages -
<br /> '"'" �y" � ` My new interest rate will become effective on each Change Date. I will pay the amount of my new manthly
<br />-`:.1: ��:ti:. . _a.�. ,. ..
<br />- •n•� payment beginning on the 8rst monthly payment date after the Change Uate until the amount of my monthly pay- '
<br />. ._r�.
<br /> �,>;,�`.'::;', ment changes a�ein.
<br /> � .�,;�,y„� (F)Nolke ot C6�n�a =
<br /> •• ���'" � � The Note Holder will delivcr or mail to me a notice of any changes in my interest rate and the amount oP my
<br /> ,;��'�;.,°..`
<br /> ���-�;� monthly payment before the eFfective date of any changa The notice will include information required by law to
<br /> • `�y���� be�iven me and also the title and tetephone number of a person who will answer any quation 1 may have rc�arding _
<br /> the notice.
<br /> — - B.TRANSFER OF THE PROPERTY OR A BENEfI4IAL INTEREST IN BOItROWER
<br /> _ Unifonn Covenant 17 of the Security Instrument is amended to read as follaws:
<br /> 'M�ster of tYe Property or�Beoeticid Ieterest in Borrower.if ail or any part of the Property or any in[erest
<br /> — In it is sold or transferred(or if a beneficEal Interest in Borrower is sold or transferred and Borrower is not a naturai
<br /> - person)without Lender's pr�or wcitten consent, Lender may. at [ts option. require immedtate payment in fult ot�
<br /> all tumt cecured by this Seeurity Instrument. However,this option shall not be exercised by Lender if exercise is =
<br /> prohibited by federal law as of the date of this Security Inatrument. [.ender also:hall not exercise this option if:
<br /> (a)Bonowu cauue to be aubmitted to Lender Informat[on rcqulred by Lenda to evaInate the intended transferee
<br /> ,..� at if a ntw loau were betng msde to the transFerce; and(b)Lender reasonably determines that Lender's security
<br /> --�— will not be impairal by the loan stssumption and thit the d:lc of a breach of any covenant or a�reement in this Securi-
<br /> ty Imwment is accxptable to i.ender.
<br /> To the e�ctteat permitted by appllcable law.I.ender may charge a reasan�bk fee as a condition to Lender's con-
<br /> �ent to the loan at�umption.Lender msy also require the traasfera to sign ru►usumption aIIrament that Is accept-
<br /> able to Lender and thRt obli�xta the transfera to kecp all the promi�es and�ramenu made in the Note and in
<br /> . thls Security Instrumeat.Borrower will coailnus to be obli�ata]under the Nou and this 5ocurity Iostrumont unlas -
<br /> Leader rdeasa Borrower ia wrltjn�.
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