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<br /> TtNS JIOJUSTABIE RI11E RIDER a m�de d� lOTli �y a¢ aLBA1TAitY 19 94
<br /> mwwd�is�,�.i��n.c�{ap.o/rated inlo�a�nyd shdl beµde�emed to amend andp�s,�upplement the Mopr.t�0a0e,�Dree,dJ ot•T-r�u,-stp o�r Securlt'y{�Daue�d (the♦"Securiqr
<br /> �1N11Y1110�1�~�IJI��b Y�10�n�,110 V�����W������t0�uro DYI�Q�f�IW'�i 1�YIY M{Q���IR�INl/��l0
<br /> - — l�0!llEitCIAL CREDIT COIIPO�tATION
<br /> (the"Lends�of th�s�rr�e�De�nd oo�erin0 the Dropertf►deacrlbai in th�8�cu�tY IrWrumeM and IocAted�t:
<br /> �_� . �,
<br /> — 4150 CAPITOL AVI (iR�1ND ISI.AND �18 68803
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<br /> THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE IN?EREST RATE ANO THE MONTHLY PAYMENT.THE NOTE LIMITS
<br /> THE Il�lOUNT THE 60RROWER'S INTERE5T RATE CAN CHANGE AT ANY ONE TIME AND THE MAXIMUM RATE THE BORHOWER MUST
<br /> — _.--:_ :-_ s__� PAY.
<br /> Additional Covenants.In addition to the covenants and�preements made in the Security Instrument,Borrower�nd Lender tu�ther co+ronaM
<br /> �nd spree as follows:
<br /> �T R ST�TE A�D MONTHLY PAYMENT GK�FS•The Note provldes for an inN(al Uderest rate�s set fodh(n the Note.The Note pro-
<br /> �:.. vides for chanpes in the intarest r�te and ri�e monthly payments,as idbws:
<br /> The interest ra4e Borrower will pay may chanpe on the 24 manth annfuersary of the Date of Note�nd every 6 months thereafter.Exh date on
<br /> whkh Borrower's(nterest r�te could charWe is called a"Chanqe Date."
<br /> � Beqlnn(nq wlth the first Chanpe Uate and every 6 months thereafter,Bqrrower's interest rate will be chanped to the Index Rate plus a marqln
<br /> as�et forth in the Note.The"index Rate"is the hiqhest prlme rate pUbllshed fn the Money Rates column of �he Wall Street Journal on the
<br /> calendar day immediat�y precedfnp the Chanpe Date;ar,ff the index was not publlshed on that day,that rate on the next precedfrp day on
<br /> wh�h ft was publlshed.
<br /> ALTERNATE INDEX:It the Index Rate is no Ionper available,Lender wlll choose a new Index Rate whlch it believes will most closely approxi-
<br /> � t�: ��`:� mate the former Index Aate.
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<br /> �t�.� . . LI IT(�S ON RaTE G FL�NGES:The maxlmum and minimum intarest rates durinp the Iffe of thls loan are set forth in the Nata. .
<br /> .,j.: , t. . 3
<br /> : (yLONTHLY PAYMENT�:Principal and intarest shall be payable in consecutive monthly installments.If the rate of interest chanqes,the num-
<br />- � '���� ber of monthly payments wlll not change.The amount oi the monthly payments wfll charpe to the monthly amount needed to repay the re-
<br /> � � maininq unpald principal balance ptus interast as changed in the remaining number of payments,assuminq that all payments due after the
<br /> ' `°"�' calculation are made are pald as scheduled.The first chanpe,if any,in the monthly payment amount wfll became eitective on the 24 month
<br /> annlversary date of the flrst payment due date.Subsequent chanqes in the monthly payment amount may occur on the payment due date
<br /> , .� every 6 months the�eafter.Each new payment amount wilt remain in eftect until the effeati�e date of the next payment chanpe. __
<br /> DEFAULT: Ii Borrower fails to pay any payments when due,Lender may exercise any remedfes permitted by the Security Instrument fi the -
<br />+-' case oi default. -
<br /> By Sipninp Below,Borrower accepts and aprees to the terms and covenants contained in this AdJustable Rate Rider. R�
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<br /> -•�✓ (Seaq ` (Seal) ��:
<br /> � -Borrower -Borro�wr
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<br /> ' Part of the West 1/2 of the Southeset 1/4 of Section 2, Township 11 -
<br /> . North� Range 10 West of tha 6th P.M., more particularly described as
<br />- follows: beginning at a point on the South line of said Section 2. said
<br /> � , • point being 740.00 feet East o£ Southwest corner of 5outheast 1/4, thence �
<br /> ( Northerly perpendicular to said South line of Section 2 a distance of
<br /> � 205 feet� thence Easterly parallel to said South line of Section 2 a =
<br /> , distance of 230 feet� thence Southerly perpendicular to said South line
<br /> of Section 2 a diatance nf 205 feet to the South line of said Section .
<br /> � 2, thence Westerly along said South line of said Section 2 a distance �
<br /> of 230 feet to the pl.ace�ofnbeginning, Hall County� Nebraska
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