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<br /> � -,. .,,��.. .,rp TH{S ARlUS7'ASLE RA'iB RldA.�is made thta...�..EeY of
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<br /> �•� and{s incorporcted Into and ahnli be dt¢med to nmend and auppiemrnt the Mong�Be,nced ot Trust,oe S2cudty Deed(tRa"Sccnrtty t ?o �.�.:_-•--- ----
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<br /> �-"=�t'•,,;-,t;��.�+ . the wne Eate�ivm by the undeni�ned tthe"Honowcr")to se�uro Boaower•�Adjuna4lo Rata Note(the'•Twte"1 to HQ�IE FEDEB� GL[ RANQ
<br /> :-.�-f'` .- -'
<br /> ,;,': �l4t�. �(the"Lender")of the aame date und oovering the proptrtY descdbcd in the Secudty Instrument ana laated at: �,�:��
<br /> . _ °- �-�
<br /> • � 1821 EAST C,APITAL AVENUE GRAND ISLANA NEBRASKA 68801 �
<br /> ��7c`�=-- -
<br /> ., (Propeny Address) �ry`--�_
<br /> -.. _.- - -=
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<br /> , � A. ____ —_— .
<br /> Thb uote mnt�ins pmvistons allowia�tor c6sa�ea lo mY intueat nte�nd m�mont6lq '•_`-':'==--
<br /> .-� = -
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<br /> � psymenp.Thi�note Riso limiu the amouat m!tnterat ate an cdRage ot�ay oae time�ed , �;�;� ;^.i,��a�.,.:.
<br /> ` also lbe mlMmam and tbe ma�dmum nte t muat ppY• • .-.` %=-__
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<br /> ADDITIONAL CQVENANTS.In additton to the covenants and agreemenGs made in the Sonrsitq L¢stcument,Horrower and l.eada ��;�...�,,.,
<br /> . tunher oovenant and agrce tu follows: . ;t,�"'•�`'-��=`
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<br /> •. M ��IYi�■1M1t�1M,�1�10�L��W4 YICIItilil4l�LL V.QTIfN�01C'1 : `: ,. .' ,�•��,u.—•�—„�
<br /> S_2 S �o.Section 4 of cRe Note provida for chanBes iu the ineetest rm¢e e.Rd the � '���':"_�----
<br /> The Note provldes Fdr an taitimi interc:st eate of -
<br /> monthlY 1�Y�►rnts.as foltows: .�,.� ��'-
<br /> 4. lNTEREST RATE AND MONTHLY PAYMENT CNANGES v
<br /> . (A) ChanEe Data �Y .
<br /> Th�lntercst rate I wiq pay mey change on the first day of .19 95 ,and on thAt day evay �
<br /> :,�,�%r• •- � months thereafter.Each date on which my iaterest rate could change is called a"Change Date." ,;,.•r==s
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<br /> •'ii::�v: IB) ThelOdd[ `'%'ylA��'`"+a'�78:t:
<br /> ! v HegInning with tP.e first Change Date,my interest rate witl be based on an lrtdex.The"Index"is the weekly average yletd on United Stata s ��vr_� �
<br /> �'"•�'� ` {��;.::�:
<br /> Treasury securities adjus¢ed to a constant maturiry of 1 year,as made avaifable by nhc Federei Raerve Board.The most rscent Index rgure ��,�,�;.__-
<br /> ��'���:+, availableasofthedase4Sdaasb:foretachChangeDateiscaltedthe"C�neminden." . � .
<br /> �,.
<br /> �������• lf the lndex is no longer available,che Note Holde�will chceose a new indez which ls based upon comparable intormaUon.1'he Note +f :�
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<br /> � ,.t t•.jr:-—"-'- HO�(�Cf Wlu BIYC�IK�tUidC O+2�aii�uv���. -- `•
<br /> (C� Cateulae3maot�haagcs .'
<br /> � �.' Before each C.haage Dace,ihe Notc Holder witl calculate my new interest rare by adding TWO AND UN�;-HALF percenuge ,�•i�`•{
<br /> po;a�[ 2.SO %)to the Current lndex and roundfng to the nearat 1/Sth of 1%,subject to the limits stated in Section 4QD)lrelow. •; �
<br /> :(�t� This rounded amount will be my�eew ihurat rate unHl the next Cham�e Qate. �-h�.1 ,� '
<br /> '� `E' The Nore Holder will then driermine the amount of the monca'.F payment that would be sufficient to repay in fuU the pri�nripal 1 em +�'"" ��'� �
<br /> ,�,;r.
<br /> ..!)'.<;�;%:�s
<br /> qcpected ta owe on that Change Date in substantially equal payments N}eAe maturity date at my new interest rate.The result of this ralculatlon ;`ri����: '�
<br /> wili be the new amount of my monchly payment. ���:�•
<br /> �' �,.s
<br /> (D) Umib on Intereat Rate C6anges • • �'"tis
<br /> '`,;, The interest rate I am required to pay at the first Change uate wili not be greater than �•25 °10 os less than `s ; �
<br /> " 3.25 %.Thereafter,my interest rate will never be increased or decrcased on any single Cilange Date by morc than ��v� �• k
<br /> 1,'`��' • �2•��� from Ihe rate of interat 1 have been paying for thc preceding tweive month� T�••�m�nimu�n interest rate on this loan will never be ' ;.�.+��s�il�
<br /> less than 3.25 �'o and the mazimum inierat rate wili never be greater than _ �0.25 c��°�o. ����"''•��
<br /> ' (�7 Eftective Date of Chsnges �
<br /> �_''�����`
<br /> ','!���Y; tity new interest rate wiil become effec[ive on each Change Date.I wili pay the amount of my nea maneh3y payment beginning on the first ..,,�: ; . :
<br /> mon[hlypayment dateafter the Change Date until theamount of my monthly payment changesagain. � �z:.:, :" ;• .� •�
<br /> r:�t:.'..:�. �,,;-..
<br /> (Fl NoriceolChanRes • �,.I•�. � ���i`",
<br /> The Note Holder wiU mad or deliver ro me a notice before each Change Datc.The notice will advise me of: � 1.���`'^•�»'j1
<br /> ,'`�JF��}s' _
<br /> (i) the nnv interest rate on my loan as of the Change Date; .. '
<br /> (ii) ihe amount of mY monthly payment toflowing�he Changr Uate; � �
<br /> `f':�'��. �iiiD any additional rt�<ir.mrs whieh the Note Holder is reciuired ro disclose;and ' �' �'
<br /> i •;�l;
<br /> ;^'��• ' liv) the addeess oP the aswociation you could contaci rtgardmg am•questions about?he adjustment notica I ..
<br /> . . ;�'iE�'��� .
<br /> � e. cH,►sces:aae�s � .,������.
<br /> ;r�r,,,, • �`'I f ,
<br /> ' ( tioiform Covenant 4 of the Securi�y lnctrument i+rmended s�i rta�a�Eollows:
<br /> �� .: .' �':�'•,
<br /> U. ��urges:Lfen�.Borrower shall pay aIl taxes,assasmen:,.ar.:�'�a�charge�,fine�,and imposuions attributable to the Property which may }'.��"..�'
<br /> 1 attain a priority over this Secarity In.trument,and lea>ehold paymcr.-,of ground rents,if any,in the manner provided under paragraph 2 hercof ,
<br /> , ` , ''''�.''
<br /> '.��' or,if not paid in s�c�h manner,by Borrower malcmg payment.When due,dfrectl>tu the pa�•ee thereof.Borrower shall prompHy furnish Lender �,� '
<br /> all noticrs of amounts due under this paragraph,and in the e�ent BorroNer shall make payment directly.Bonower shall promptly fur�ish to
<br /> l.er.:ler receipts evideneing such payments. Borrower shall promptly di5.harge an} I�en a•hich hns priority over this Security InstrumenC;
<br /> howzver, Borrower shall not be reyu�red to diccharge any su�h [.:n su long a� Borrowcr. (a�Shall agree in writing to the paymcnt of tk¢
<br /> ;`•,{:,;:, ob:�gation secured by wch Gen in the manner arceptable to Lend:r:�h►.hall m�uud farth�untr.��uch lien by,or defend againse enYar<etrsent ai
<br /> ' �;1r such lien ia,legal Draeedmgs Nhrch in the op�nion u(Lender operate tu prr�en!ihe rnturcement of the lien or torfeiture of the Property oraay
<br /> :';�'!� part theteof;or i�l shal!secure from the holder o(�uch Gen an agrerment m a form�auti(a.tory to Lender�uburdma[ing such Lert to this
<br /> - . Securiry Instrument.
<br /> If Lender determines that all rr an�part ot the Prupert�i� +ub�cit ro s licn whtch ma>ana�n a pnont}o�er tht,Sa:unty lnstrument,
<br /> Lender sfiall gire Borrower a nouce idenuf�•ing w.h hcn. Borrower�hall�ah+h.ueh I�en or•al�r une or more uf the ac��onti set forth abovc
<br /> within ten days of the giving of the nonce.
<br /> C. NOTICff.
<br /> .. Uniform Covenant tbof the Security Instrument is amended�o read a+follow,:
<br /> � I4. NioHce.Except for any nuucc reqmred under applicabte ww ia be gnen�n another manuer,tal any noGce to Borrower pro.ided for m thi.
<br /> Security lnstrument chall be gi.�en by del��ering�c x by ma�lmg��by Grst cla�.mud co E3�rroW er at the Propert�Addre�ti or at w�h other addre�s
<br /> as Bortower ma}designate by notice ro Lend�7 a+pro��ded hercm,and(bl am nuuce ro Lender shall be g��en b��first clac.ma�l ro I enJer'�
<br /> address stattd hcrein or to�uch other addrecs as Lender ma�de+�gnate by notite to BorroNer as pro�ided herem.An�notice pro��deJ lor m ihn
<br /> Security Instrument shall be damed to ha�e bren gi�rn to Rorrower ur Lender Nhen gnen�n the manner de+�gna�ed herem.
<br /> 1 '
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