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<br /> � � � ` ' � � ADJUST�lBI.� 1�A7'E RIUEI� � � �� � � ` �
<br /> , . � �, � �� a Yar r�r,�wk c.ra ao2oo2eas� . .
<br /> THIS ADNSTABLE RATE RIDER is made this f 8'f H �y of .lANUARY . ,l9 9� .aad v �
<br /> • inoorporate�.into and ahaU be daemed to amead aad suppkment the Morts�te.Dad of Tnut or Security Deed(the
<br /> . ' ••Secur�cy lnstrummt"l Qf tLe a�me due jiva►bar tbe w�dersi�ned(the"BorroMer")to savre Borroxa's Ad�bk
<br /> Rue Nae(tlx��Nad�io T1�E1oit�1� Wii�fe!�e0 tc�e,Assaciitian of �nA�l t�1�M,N�ln:1�, A �
<br /> �` � �f�d�rtt itvi��a u�t ` . �(ch�•�Lender")of tbe same date aad coverin�the lxopertY dacn'6ed �
<br /> _ ' ia tbe S�curitl►Instrument and located ai: - , •
<br /> 4•19 MIYANDOTTE ORAND ISLAND, NEBRASKA 68801-76T2 � �
<br /> . (�v�9�restl ,
<br /> THE NOTE CONTAM�S PROVISIQ[US ALLOWfN�i FOR CHANQES U1t THE MiTEREBT RA7E
<br /> AND THE MONTHLY PAYMENT.THE NOTE UMRS THE AMOUNT THE 80RROWER'S
<br />— ` NTEI�ST RA'iE CAN C11ANLiE AT AI�IY ONE TIME AN�THE MAlCM1UM N��TE Ti�BOR• � .
<br />_= ROYYER MUST PAY. . . • -. --
<br /> = . . • ;-. _----_
<br /> - � .ADDITIONAL OOVENANI'S.In additioa to the coveoauts�rd agraments made ia ttte Securitl►Instrumeat, �3�
<br /> _ � BonoMer and Lenckr further rovenant and agree as fo}tows: . . - . �`°�-
<br />- . �:;r-=-
<br /> A.IIVTEREST R�TE AND MONTHLY PAYMEr1T CMIITGFS ��_�`-
<br /> - --- TLe Note provida foran inidal intere.st rate af.;�:7rs0 M�.The Note provides forcl�gex iri tiieinterat rateand tbe ��:�___
<br />- ,�.�=--
<br /> i momhlY P�Y�u,as follows: :. :;: , . � t'��,��.
<br /> _ -__x;;,'
<br /> 4.11�Ti'ER�7'RATE AND MON7'�Y Ti�YMEI�CHANGFS � : . . _ _ �.
<br /> . . � -:;`-
<br />�: (A)�Data ��`�"�-
<br /> �`� � The ir,ceresc rau i w�l pay may change on the firsc day of FEBRUARY. ,i4 95 .and on tT�at day •' �'M'.,:
<br />:._ every 12th month thereafter. Each date on wtuch my interest rate could change is called a"Chaage Date." . `
<br /> (B)T6e Iric� . . •
<br /> �`.:`_:..,':;'':
<br /> �� �A F��
<br /> �f - Begiaain8�h the first Change Date,my interest rate an71 be based on aa Imdex.'Phe"Index"is the wakly �,�,,�,,;+:,,, .
<br /> • r�:.�, � p'.:,:;<�; -
<br /> � ��� average yield o�r i3aited 5sates Treasury securiues adjusted to a constant maturtty of 1 year,as made ava�able by (',;•; ,< 'r�
<br /> ��rs�;:..,
<br /> • J . �:.. . .iT?�i.:i;
<br /> Y.�_,,,`,,,
<br /> .�++�tr.t�;•`�:a1`��• . �e Federal Reserve Board.�e most recent Index figure ava�able as of the dato 45 days fiefore eacir Ci�ange Date ;:f.:':r`,;ti:��,�;=.
<br /> _ � t� :,7._ is calkd the (�sent Indes. . ;..;J:;,;:,;.���::�.
<br /> `-, �•: ;�r;;a=�),'�;-, r .., . � ,�.. .
<br /> r�=� •� T •_�. � � lf the Index is no Ionger avaiiable,the Note Holder vn'll choose a nsw index ahich is based nDon comparabte t �•,``�;�i�>.�;;.t;:
<br /> � `���a�`'.t�sf�;`.;.;�:� � informauon. The Note Holder an71 give me notice of this choice. � • `�<���:�
<br /> . -i,;r=r;::-.'s�:,xti'; •'�`i�` ,
<br /> ., .,:�':, �� �CI GI�OItfIOO Ot Cr/o$q ' ,r� . ' -
<br /> ,��� "�.��n:.�::�,..: , Before each Change Date,the Note Hotder will calculate my new interest rate by adding � . ' '
<br />..,� ''��'�=`� � �<=.�_ percentage points( 2•000 %)to the Current Index.The Note Holdtr will thea ronnd . � ,. � �
<br /> " <:����_; -: �, ., ; . .
<br /> �,�;; :,•:-. �•. � the result of this addiHon to the nearest one-eighth of one perantage point(0.125hi).Subject to the limiu stated �
<br /> ���=-,��•; •��•� '� in Section 4(D)below,thls rounded amount will be my new interest rate until the next Change Date. �
<br /> `� �- :5 � The Note Holder will then determine the amount of the monthly payment that would be suf�cient to repay �_ _. .._;�.:r
<br /> ';"'�� '�'. . ''�•%�r the unpaid prIncipal that 1 am expected to owe at the Change Date in full on the maturity date at my new interest '��;'',;
<br /> ��'.�,:,:,. :,.:. •'• '...•,� '� � .....;,::,
<br /> ,��>��::,. rate in substaatiaUy equal payments.The ses�.�lt of this calculation wili 6e the new'amount of my monthly payment. � � .,
<br /> ' ;�- : •; . • .. . �� .r_.`;:'' :
<br /> ,t;_��,,. . j�','. . . � . . . .•`�..;:;ij:.
<br /> �,'��4�;';,:. Q))Liiaits oa IDteresl Rue Ch�ages i:. _ �-�;�;�
<br /> . . _.r�,�. : . .,,;,� :
<br />:``;: , �� :i , �Ttx imenst rate 1 am raluirod to pay at the fust ChanBe Date w,71 not be greater than 8.7 50 9i or kss ttian . f .: ''
<br /> '�'�` �. Y 4.00 %.Thereaft�r,my interest rate will never be increased or decreased on any single Changc Date by ' � •' ,�'
<br /> . r . '
<br /> ,��;; ; ';. �
<br />_ ,t,h�;_ _ aaare tt�an two perantage points(2.O�le)from ihe rate of interat 1 have Gcen payin�for the preceding twelve months.My � .
<br /> ���Y �• . � iint�est rate wiU never be&�ezser than 9.T50 %. � i� - .
<br /> . .:i';�'r�;;,.±,' �� Etiecdve Date of Cl�aases :
<br /> :;s:.::'�;,;:�; •..`,i t: (�:� :'::'�:,':;,,..-
<br /> ._,�t:;' . My new interest rate w�ID�ecome effective on rach Change Date.i w�ll pay the.amount of my new monthly } - _. _. -
<br /> paymrnt beginaing on the first montbJy�rapment date after the Change Date until the amount of my monthly pay= � :
<br /> ment changes again. � , � .
<br /> -��� (F)Notke ot Cl��ses ' .
<br /> .:,,,
<br /> '-� 'i'he Note Holdet w�de�:ver or mail to me a notia of any changes in my interest rate and the amount of my !�'`:`��;?�`"'-
<br /> °� '� :".�:,:',�,;::��;:
<br /> - mouthly payment befon the tffective date of any change.The notice wiil inciude information reqvired by law to �: -�;,.��, . .
<br /> be jiven me and also the titie and telephone number of.a person who will answer any question I may have regarding �. '•�_'
<br /> the notiCt. � .. 1.
<br /> S.7'RANSFElt OF TflE PROPERTY OR A BENEFICIAL INTERFST IN BORROWER � •
<br /> Uniform Coveaant 17 0!the Security lnstrument ls amendod to rcad as follows: '•,°�'� .�
<br /> , ' Ti�ter ot ttie iro�or a�e�efkld Ideraif i�Borrower.If all or any part of ihe Propaty or any interat -� •-:':.?'-`•---
<br /> ,.,,;;.,.�
<br /> in it L�o(d or traasterred(or if a bcneficial interest 9n Bonower is sold or trangfened and Bortawer is not s natural . ' ' .
<br /> peraoa)wiihout Lender's pr�or written consent, Lender may. at its optIon,reyuire immedlate payment in fuU of ,_ -
<br /> atU tums:ectued by tbis SecurIty Instrument.However,this optio�s6a11 not be exercised�by Leader if exercise is � �
<br /> . probibked by federallaw as ot the date of this Secudty lnstrument.Lender also ahall not exercise�this optioa if:
<br /> . (s)Hormwa qwa to be aubmitted to Lender infomnation required byr i.ender to evaluate the�ntended eraasfera • � � ,',
<br /> . . a�it a new Inan w�err beins made co t h e transferee;and (b)l.ender reasonably deternunea that Leader's sa�trity � : �. .
<br /> �w1U not 6a impaired by tLe Ioan auumption and that ti�e risk of a bracb o!any covenant or airameet In thts Securl-
<br /> tr tmtnmxnt a�oceptabie ta l.eader. . .
<br /> _. .i_ �._�.� _.._._....._-_•_-'�o tl�s tatlent=Je,nrti�tsd 1►�►f�pplicabic Faw,i.enAer m�g sh�e�ra�onaMe iee u:anndition ro Lendec's cotN _ ; __ .
<br /> -- . �ent to tbe lo�o�woption.I�el�der tns�al�o require tha transtera to sipt�n assum�tion�ree�htnt that i�accept- - -�
<br /> � abie to l,eoder aad tlw ebli�ata the tran:feiee to icap all the promixs aad asreements made ia ttK Nae and in
<br /> , et�Sec�ricy tmeru�eeec.Borrower w111 conNaue co be oblipced uader the Nae aad chu Securiiy►tnscrumeac uak.s� ' • , .
<br /> . I�ader rdeaa Boaowtr in wrkin�. � . j � �:' .
<br /> �n�t�n�aiwr��►n�ow..,yws�-sww.s«rw-�.�.�.r�ww w.u�r.����.�e �; �s�+�a�s ��:: ,'
<br /> . �;.Wii►..�r vw.ioeraoe ra�r�s•a��ma�oo•aeoiu+•�m. � .
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