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<br /> ADNSTABLE ItATE RIDER ���41�$
<br /> ' t t` �! i� (1 YMr t►wwy Iwdre•It�a Gp�1
<br /> ttus na�utr�r�,e unn Rtcex a.�.a.��+� 4TM d+r ot FEBRUARY �y 94
<br /> , u�d Q U�oorpont�0 i�W Md�It b�d�md to rMwd Nd wpyNmlat tM 1MMt4ap,U«d ot Ttup,or�cwtty OMd(t►e"Sec�ulty IauturMlt")ot
<br /> iM wM da�dwn bp tMt�d�rfi/Md(tM�•larowrr��)to s«un YartowK'�AdJ�utabM Ratr Noto(tM"Noa'7 to
<br /> �Q(1M"L�sd�r��)ottM w�e dM�Y�d aovKl�1 tM Pr�Y dMaiMd 1n tM S�curitY laarvm�at�nd bem�d u: �
<br /> _ �,_—_ _-�� • 3508 SCHROEDER AUE., GRANO ISLAND. NEBRASKA GA803
<br /> (PropatY Addre�l
<br /> �rrk ..e.eo.u�.. M..ido.. .Mewi.�ta eY.�.. N wir a�«we nu.w .y�11Mr
<br /> My�b.TrM�+b�Ys M�tu IM�a���y I�N�wt nt�a�crs��t�oM ti�e u1
<br /> _--- - �M 1M��aN�Yt rsl�wi�nIt I�t/y�.
<br /> __.. _-.- -__--- ADDITIONAL COVBNAN'TS.in addlQoa w Ihe oove�unp aiKJ yrammu made In t6e Security insuummt,Bartoww+aad Lsnd�r
<br /> -- turtlwroown�ntaad�uaa toUows:
<br /> - -- A. 1NTF,itFBT�tATE AND MONTHLY�AYMF.NT CNANGFS
<br /> Tf�e Note provida for�n IniHal interost ate of 5•0 4Y.SaQon 4 of the Note proWda for ctu�njes in the iaterat rsu u�d ttu
<br /> --_. ---- — aaathlY MY�s.�t follows:
<br /> �. lNTBREST RATE AND MONTNLY PAYM8IVT CNANGES -
<br /> .-1.'!�i'iiii,.. . . (A) C�t�11�Ms
<br /> ' �, ,, , The interat rate I wlll pay may chan4e on the fint day of mp RCH .19��,and on that d�y every
<br /> ' �;,.,,; °' . • '�� �7 moatlu thereafter.F.�ch dRte oa which my interat nte could chan�e is called a"Chan�e Date."
<br /> . :��:+�''�'a.�' (d) 1'IwG�dea -
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<br /> ' ;*x�.�,����' Be�innin�w[th the fint Chan�e Date,my Interat rate will be based on�n index.The"Index"is the weekly averue yield on Uttitod Sutta
<br /> ' ' t -� Treasucy ucuritla adjucted to a consqnt matudty of I ycu,as m�de avQlable by the Federal Raerve Bard.The most rccent Indac fljuce
<br /> ; . available as ot the date 43 d�ys beforc each Ch�nee Date is calkd the"Cunent Index."
<br /> .�•�•• �.�•��;•;► [f the lndex is na lonQer available,the Note Holder wIU choou s new index wbich b bued upon compivable intormsdon.71�e Note
<br /> � . , .
<br /> . ,, . ;,., .. Holder wiU�ive me notice of this choia.
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<br /> YJx �':�', � �rl+ C�k7I�H0�O�CM��M
<br /> . - -'��"-=��"'�� BeiQre a..haa�e Date.the Noce[ioider wiq calcuiatt my new inceresc rau by addina TWO.._plV(1.OiVE-Hlll� pacenta�e `
<br /> poinu( 1•� ^ �)to thc Cunent Index md roundin�to the neuest 1/8th of I qi,eubject to the limiu stated in Sectian 4(D)below.
<br /> ' Thii�ounded amount will be my new Interat rate undl the next Chan�e Date.
<br /> The Note Holder wlit then determinc thc amount of the monthly poyment thAt would be sufCcient ro repay in fuU the principal t am -
<br /> • expected to owe on that Chtn�e D�te in substanttatiy equai p�yments by thc maturity date at my new interest rxte.The result of this c�kulation
<br /> - wiil bc the new unount of my monthly yayment.
<br /> (D) Uwi4 0�I�ten�t R�ts CY�a�a
<br /> ' '�heointerat rate I am required to y�y at the first Chan4e Date will not tx Yreater thnn 7-fl 9i or lac than
<br /> _;� , , s• �li.Therwftcr,my interest rate will nevcr be Incrcased or decreased on any xingle Change D�te by mae than_ � ___ _-"'
<br /> ;.r • _(2..[19��from the nte of interest I have been payina for che preceding twelve months.The minimum imerat nteon this loan will never be
<br /> ;P- �> Ias than �-� ni and the mazimum interest rate will never be;reater than 10.❑ q�,
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<br /> (E) Etteedve D�te M Cluis�a Y
<br /> My new interat rate will become effecttve on each Chanye Date.I will pay the nmount of my new monthly payment be�inninQ on the first
<br /> monthly payment date after the ChanQe Dnte untfl the amount of my monthly payment chanQa aQain. �-�
<br /> . (F) Nodce otCM�a
<br /> The Note Hulder will mail or deliver to me a noHce before eoch ChanQe f�ata The notice wili advise me of: �-
<br /> ti � (i) the new interest rate on my b�n as of the Change Date; �"'�
<br /> • (!i) the amount of my monthly pnyment following the Change Date;
<br /> • � - .� , (iii) any�ddlUonai matters which the Note Holder is requlrcd ro disclosr,�nd
<br /> ' (iv) the address of the association you could contoct reQardinsany questions about the adjustment aotice. � ;:
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<br /> B. CHARGES; LIENS
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<br /> Uniform Covenmt 4 of theStcurity lnstrument Is amendcd to read as foilows: �
<br /> 4. CMuta;I.ka.Bo�rower shall psiy all twces,assessments,and other charQes,Cnes,and impositions attributable to the Property which may
<br /> . � �ttdn a priority over this Sccurity Instrument,and leasehold p�yments of ground rents,if any,in the monner prov:ded under para{raph2 hereof
<br /> or.if not paid in such manner,by Borrower making payment,when due,directly to!he paya thereof.Borrower shtll promptly furnisA Lender
<br /> � all notices of amounts due under this par�graph,and in thr event Borrower shall makc payment directty, Borrower shAll promptly furnish to
<br /> ' Lender reteipts evidensin�such payments. Horrower shall promptly discharQe any Ifen which has priority over this Security I nsuument;
<br /> • however,Borrower shall not be required to dkchorQe any such lien so IonQ as Borrower:(a)shall agree in wridna to the p�ymeW of the
<br /> • obliQation secured by such Uen in the manner acceptable to Lender;(b)shail in gaod faith contest such ifen by,or defend agalnst enforrnnent ot
<br /> � � such tito in,Iegd praceeding�which in the opinion of Lender operate to prev�nt thc cnforcemcnt uf the lien or forfciture of the Propeny�r any
<br /> � � p�n thereof;or(c)shalt secure trom the holder of such lien an a�reement in a form satisfactory to Lender subordfnatin�such tin to this
<br /> r Secudty Instrument.
<br /> ' If Lender determines that ali or any part of the Property is subject to a Ilen which may attain a priorfty over this Secu�ity 1 nsirument.
<br /> " _ L.. ��..a...�..0�...o.................s...+a...�:r..:.........�,ta�., n......W�..ti.n.,.c.r.......ti�i_.... ..�.,,.......... ,.r.�.....,..... _..r�..�..�......
<br /> "- -- . ._ _ . .._.._.._. .v9.._.........._.._..._.__... , e ......._..._........_.............................. ._..�.....,.. ...................,,.........,,...�.... .
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<br /> �_ within ten days of the¢ivina of the notice.
<br /> ' � C. NOTICB
<br /> �� Uniform Coven�nt 14 of the Seeurity Inctrument is amended to read�c(ollowti:
<br /> 11. Nolke.Hxcept for any notice required under applicable law ro be given in anothnr mxnner,(y)�ny notin w Burrower provided fa in thi.
<br /> � Stturiey Instrument shail be�rven by detiverinQ it or by ma�im��t by fust cla�s m��l to Borrowtr�t the Properq•Addre�s or at wrhothcraddretit
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<br /> u Borrower may daiQnate by notice to Lender as provided herem,and (b►any nohce to Lender chail be gn�en by t rcst rio�c mail t n I.ender'�
<br /> ! address stated herein or to such uther address as Lender may decign•rte by notice io Horrower ac prov�ded herein.Any notice pro.�ide.i fur�n�hn
<br /> , Security lnstrument shatl be damed to ha�e txen gi�en to Burrower or Lcndcr when�{i�en in the manner de.i�nated herein.
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