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<br /> ADJ�JBTAHI.E RATE RIDER �U)1�
<br /> ci tr..►�n..wrrt.a.�•Rwc.o.)
<br /> � �rt��s�usr�ier►T8�tcs�aw.a.�r1� 28TM a.yor JANLtaRY --- -���,",
<br /> Ma w I�arpaaud LMO.�a.b.n b�e�wd�o..Na.�a�ra�Iw�M tM Moetw�.caa otrnut�or 8�c�ritr�d tw��a.aritr u�1t�w�t"1.r
<br /> � IM Mr�OM�i����dM��d(tM"�Of�oM►'�to MC1Y't{OfPO�M►'�Ad�IIM�bIf�lf TiOlt(lM"Hots��)b�,�����
<br /> ��(tMt"l�wdw�•)a1 tYt wMt Ma Md oovwi�t�M Proowtr dNeYIYM h tM i�arity l�tewrr+�wi boM�d�u
<br /> _ :�.,_�_,�___�, 1019 I�ST 6TH ST.. GRAND ISLAND NE 68801 _
<br /> -- - (propaty�wdras)
<br /> TW MM�wldr�/h�YNr�M�wl�tK crr�Y q IMMwf rnM rM � �Mr11b
<br /> My��.'[fM NM Y�IWI�t�e u�wM�!i�MoW nM aM er��t M0'�a Ilr M/
<br /> aiN tYt�fWw��M IM�dM�eW t s�M/q. "
<br /> -- ADDITIONhI.COVBNANTS.in�dditia�to tht ooven�nt�abd�ceement+otide A►tbv S�akitp��ru�t.Yo��o�'r�d i.w�A1r
<br /> tucthK ooMenant�nd+�as tollows:
<br /> A. lPiTEl68T RKiI'E AND MONiHLY rAYMENT CAAN(',�8
<br /> TUe Note provida fa aa initlal in�aat ruc ot 6.75 �..S�ctJon 4 ot ehe Nas provida fa¢tyiyes in tiw iatw�t nt�ad t!� .
<br /> mothtr o�l�►u�.�tauows:
<br /> --—— --—--— �. INT6REST RATE AND MONTHLY PAYMBNT CJIANOES
<br /> (A) C�p D�W
<br /> 'ILe intsrat rate I vriU P�Y�Y�1unt�on the lint day of IrIARCH .19 9`� .and os eh�t dnr�wry
<br /> 12 montFu thenaher.Hach date on which my intaat rnte couW cb�nte is calbd a"Clun�e Dste.••
<br /> _ (s) '11t IMnt
<br /> � Be;inuini with the tint Ch�n4e Dste.my intaat rate wiU be b�sed oa an Indac.The"Index"b the weekly avenZe yleld on United Stata
<br /> Trp��uy secudtks�dJnsted to a cautant muurity of t yar.u made avdl�bte by the Fedeal Re�ve Bwrd.Tbe aat noeat Ioda�I(pre
<br /> 9' avaikbk as of the date 43 days before aeh Clutt�e D�te is aUed the"Ctinent Indea."
<br /> It the Indac 4 ao lonsa av�ilabk.the Note Holder wiU choae n new iada whieh is bned upou campanbte in[ormadao.'I'!M Not�
<br /> �.� HoWa wLl tive ne notia of thit chaioe.
<br /> - �� ....��.,..r�M r.�--
<br /> y - BCtOrC tach L:hatsQt Ilstt.!ht Holt H4ldtf vtl!!talCUlets my n!w int!r!s4 nte by�ddina FOUR ._ aaauuse
<br /> p�pu� 4_t1 �N►)to the Current Indcx and roundinj to the narat 1/&h of 1�.abject to the Umiu stued in Sectioa 4(D)bdo*�.
<br /> �' � � 71�rounded amount will be my new interat r�te until the next ChanRe Date.
<br /> � The Note Holda vrfll then determine the unount of the monthly payment that would be sutficient to apay In fup the pdncipal I aat
<br /> " � = � :.•c�.:�•� a�pxtod to owe on�hat Chan�e Date in wbstanWUy�quat payments by the matu�ity date st my new laterat r�te.The rault of ti�calcutation
<br /> :�.,�.. :,.
<br /> -},' `'%'�r �. will be the new amouat of my monthly p�yment.
<br /> ,�yT� .. (D) LWbo�I�W�slR�teCl��ps
<br /> 'y�,►'�°"-,w�..r.... :+.....�:
<br /> "� '� The interat rate I un requircd to pay at the tirst Chan�e Date wUl not be �rater than B•75 �N or less thtn
<br /> �,7� �'i.Thereafter,my interat rate wfll never be incrcascd or decrc�sed on any sinQl�ChanQe Date by more than �0
<br />°�� s�.,.,-,,,,�,,,,;,�„w �2_O4) (rom the race of interat I have been payinQ for the prceedinQ twelve months.The minimum interat r�u on thb laut will never be
<br /> — ' -•�`��•' ��� 4.75 �u�the mazimum interat rate will never be aresta than �1 .75 �y,
<br /> :.��.''�r+,' ". .:
<br /> ��y, . 7 (E) Ef/Kyi�!D�k Ot Ci��es
<br /> .. 'H".C"'�.''�•[a��.
<br /> My new interat r�te will become effative on each Chan�e Date.t wNl pay the amount of my new monthly payment beQinnin�on the fint
<br /> ���y~�", � ,� rtwnthly payment date after t1k Chan�e Date until the unount of my monthly payment chu�a a�ain.
<br /> _ i�`�`��•i:�� ..^V;
<br /> (F► NoticeotCMwps
<br /> `,�� ��' The Note Holder will mail or detiver to me a notia before each Chan�e D�tte.The notice wfll advise me of:
<br /> .,_.:'.�.
<br /> ,rq�j�,,;; . (i) the new interat rate on my toan as of the Ch�nQe Date;
<br /> "� ' "�, (ii) the amount of my monthly payment followlr�the ChanQe Date;
<br /> � ''�"�L�__'.} (iii) any additional matters whieh the Note Holder is requfred to diulose;and
<br /> :i; ' :� -
<br /> 'T''"' (iv) the addrou of the auociadon you could contact re�rd(n�any quations�bout the adjustment notia.
<br /> �•• .
<br /> ..� V`�-' .... �� i. CHAAGFS:LiENB
<br /> �� �,�.!� ' Udtorm Covenant 4 of the Sccurit Instrument is amended to read as foUows:
<br /> � ,..',!�•�;..;.'' Y
<br /> '_�.
<br /> ..�v • t �'„'. �,Qur�=IJw.Borrower shdl pay dl taaa,assessmenn,and other charaa,fina,and impositions attdbuttble to the Property which may _
<br /> "''���'.,� �tuin a priodty over thi:Secu�ity Instroment.and teasehold payments of�round rents,if�ny,in the nunner provided under prayr�ph 2 hereof
<br /> � •. or,if not paid in such mtnne�.by Horcower m�kin�pRyment,when due,dircctly to the paya thereof.Borrower sh�ll promptly furnish Lender
<br /> .�, .�L`'� ,�`,� tll notica of amounn due under this parn�r�ph,�nd In the event Borrower shalt make payment directty,Boaower shsU promptly furnish to
<br /> ; ��� �n• I.ender rceeiptt evidencinQ such p�yments. 8orrower shall promptly dischuae any lien which hu priority over th�Sacutity Instrument;
<br /> �'�• Aowever,Bonower shall not be required to dischcrQe any such lien sv lon�u Horrower: (a)shdl aane in writlnQ ro the paymcH►t of the
<br /> �.f� oblipdon secured by iuch Nrn in the manne�acapt�ble to Lender,(b)shalt in�ood faith contat such iktt by,a de&nd aQ�inst enforament ot
<br /> --- -- wch lien in,te{al praxedin�s which In the opinion of Lender operate to prevent the enforcement of the lien or forfelturc ot the Property or�ny
<br /> — p�rt tNeceof:or(c)�II�ecure hom the holder of such lkn an�rcement in a torm s�Hstactory to L,endv subordinatin�stuh Ikn to this
<br /> Sauticy Itntrwtent. ,
<br /> — it I�ider detaadna that ap or any p�rt of the Property i:subject to a 1(en which may atWn a pdo�ity ova this Security Instrument, -
<br /> [.dr,h.11 dve Barower a naice idendfvina:uch Ikn.Bonower�t+alt uti�fY such Ikn or uke one or mwe oi the�ctions set fwth above -
<br /> witbin tea drya of the�ivinj of the noHa.
<br /> C. N017C.E
<br /> Udform Coven�nt 14 ot the Security t�utnunent ts ametided ta rad u follows:
<br /> 11.Noliee.Eaapt for wy notla raquired under applic�ble law to bc�tvrn in another m�nncr,(a)any natce to Bortower provided toc in this
<br /> Sxurity InttrunKnt thaU be�iven by detiverin j tt a by maiUn�it by Gnt cUtss mtii to Borrowec at the Propecty Addrcss or at such other addras
<br /> �BorroMer rwy daipute by twtla to I.ender u provided hedn,uid(b)any noHa to Lender sh�ll be{iven by fltst ciau mall to Lender's
<br /> �ddnu�t�ted haeia or to tuch aha addnu a�Lender may daisnnte by notia to Borrowa a provided haein.Any notia provided tor fa this
<br /> 5�.vrity ta�erumeot�ll be deeaKd to Mve Men�ivm co Borrower or Iwoder whea�iven in the manna daiuuted haeia.
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