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<br /> - � ' AWUSTABI��.R�l� RIDEIt
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<br /> («�11 St�i d�al Ftc��Rate)
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<br /> �,-�.F:�*1��.- TH[S ADJl73iABLE RATE RIOER is�na�le ��� 28►.,.D�94 �
<br /> , 's s'�,:.�,�:, aitd is Inoorporatsd inw and shall be dc�mctt to am:�id cuati s�ayy�:um�«�4 tlic Mostgage of the sayne c9ate gic:n by the undr�asi�nett �
<br /> �":���:.:;'�.�+y�'' (the"Borrot��er")to secure Borrower's iVoie(the"�l�uC'9 L� ��ST HANK NEBRASEW. NATIOI�AI. ASBQCIATIOt7
<br /> ` . ''` (the"Lender")oP the sara�e da�t¢azad ooverfng the property described In.the Mortgage rutd -
<br /> __ °.._._:£�.^ located at: 3Q3Q t�ST 15th St. OYdAN�1 I9LAND. NE 68803 `
<br /> 303Q weat 1Sth St.. Q�tAND�S�AND. NE 6 903 —
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<br /> . ,, TIIE NU�I'E CONTAIN3 PROVISION�AI,UOW�NG.AD�t CHANGFB IN THE IMTEREST RATE AMA TH�'
<br /> FAYMEN'IS�.TME N(TI'E LIMiTB'i'HE MAXIMIIM 1NT�.itFSf ItATi:TNE BOItROWER MUSiT PAY.
<br /> AIDDT!'IONAi.QOVENANI9: In addition w the cove�eanws and agaements made in the MortgagG Ba�mv►er and Lender
<br /> further oavenant and agme as follaws:
<br /> � I1dTI�1lR�'f'CNANGFB �
<br /> C6nnge Dxtes �:��
<br /> � 'Che interest rate Borrawer will p�y may cltange oce tk�e fisst day of APRIL ig94 . �'".
<br /> . and on the fitst day of each month after tCrat date�nntnl tlie maturiry dat�Each date on which the rate could rhange is callc� �;l'-
<br /> � a"Change Dat�' _=
<br /> Ttte Index �'�
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<br /> � •' The interest rate is based on an Index.The"Irtdex"is tWs Prime Rate(the highest prIme rate published daily in'The Wall Saeet -�-
<br /> ' ,.,F3� JOUiriAI"Maney Ratrs"ffibIC). r�-
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<br /> ��`�,, -.`-- The Iadex on the d�te of this Note is 3.5.�%. �.
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<br /> • '�'��:r•< .��:. Calailation o8 Chunges -
<br /> '� 'ti� �• On each Change Date,the Lendec will ca:culate the new interest rate by adding �_�� �'
<br /> ��;�t'`.�� 4_Oc� %)to t�i�Current Inslex;fiowevcr,the interest rate wiU never be r than 19-�� °10. -
<br /> peccentage point(s)( �
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<br /> ��� The amaunt of the schedulad payment witl not chang�Int�ma.ses in the interest rate may cause t he f aal payment to incneas� :
<br /> Bormwer may extend the payments for up to six monthc.
<br /> Notice ot Chonges
<br /> The Lender wiU send Borrower a notice once a year.The notice will include:the current and prior index values and interest
<br /> rates,the loan balance and the paymcnt amount neoessary to pay the loan ia f by lu statod maturity data
<br /> � BY SIGNING BEIAW Borronver accepts and agiees to the te�rns and covenanu ntained in this Adjnstable Rate Rider. '
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