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' � -.1�►�Mnn-� ° . _ ..*r , �..�s - - , :,:. . � •��. . ... . _. .. . ..._ -----.. _... _. . __.. ...- --. . . ...._. . r . .. . _._.._------.... � � w x�� � n ADJUSTABI.E itA�E R��R . � Ul Yeu Trsasrnr I�c--Rate��) pOZ002�174 THIS AD]USTABL�3 RA7'g It�DER is made thi� 12TH �+Y�f AU4lt�T' �i9 �A �� iacorporxted Into�nd ehall be dcemed tc pntend und aupplement the MoR�c�Deed of'frwt or Securtty Deed(the ".�L`u(jt�i�Qa(tUIIIEIIL��)of chc aame date�ivrn by thc unde��i�►�d(eGe"B0�sOW6P'�}f0 Ki;UtJ CiiY�OL'::.1�3 A�11.''ZOtiw Rate Note(tho"Note")co Th� Equit�lt� luildie� �Ad loe+►Associ�tio�oi 8r�nd 1�I��/�INIn�k1, A F�dtr�i ltain9� etnk (the"L.eT►der")of the s�me dato and coverins the praperty dacrlbedl in the Securlty Instrument and located at: � 4039 PALACE DR aRAND YSLANO. N@9RASKA b8803—!lAQB t��1 . 7HE NOTE CONTAINS PROVISIONS ALLOWIN�i�OQI CHANGE8IN THE IIYTEREST RAT� AND THE MONTHI.Y PAYIi�ENT.THE NOTE I.IAA�TS THE ANIOUNT tHE 80RROMfER'8 INT�pE8T RATE CAN CHI�NaE AT ANY ONE TIME AN�TNE IMAXIMUM RATE THE BOR- ROW�R MUST PAY. ADDITIONAL COWENANTS.Itt addItian to the covenants and agreements made in tba Security Insuument, Borrowcr and L.ender furt4er covenant and agrea as follows: A.INTEREg1'IiATE AND MONT�.Y PAYMENT CHANGFS � � Tha Note provides f�c un initial intensc rate of 8.82S %.The Note provides for changes in tlte iaterest rateand the , �montlily payraenta. as�ollows: ''�� 4.INTEI�ST RAT�AIVD MONTHI.Y PAYMENT CHA�l�3 ' ' •�i4'hi�}yp+��. . . . '. ' S�z tA)C6an�e Ds�tes � � '�'he interest rate I wllt pay may chaage on the fust day of S�PTEMB�R �19 9 S �and on thal day ��,;� every 12tb moath chereafter. �ach date on which my intete�t rate could change is calted a"Chan6e Dau." J,',V':f:;i (B)�t'be Index: , �eginning wlth the first Change Date.my laterest rate wW be bascd on aa Index.The"Indoa"fe the wakly ,�,�ti , ,�.', average yicld on Uaitcd States Treasury securities adjusted to a coastant niaturity of 1 year�es mado availaable by �'� che Federal Reserve Board.The most rocent Index Cigure available es of the date 4S daya beforc each Chaage Date � : `1'.�x:�C.;,;�� is called the"Current Iadex.,• �: �-��"?"��`' If the Index is no loagu avatlable�the Note Holder wW choose a new iadeac which ia based upon comparable � ��' Informadon.The Note Holder will give me aotice of this choice. �t.,,�"?#r"'ri�a'�::', . �e�_:i...•_..,i'�:� <G�Cdcut�don oi CDas=es .� ' •; T -��:�'`4 ' Before each Change Date�thc Note Holder vdil calculate my new interest rate by adding � ��t'-� 2.000 %)to the Cunent Iadex.?he Note Holder wilt ttten round � q;�....° percentage points( r cc�; the resWt of this addidon to the nearest one-eighth of one percentege point(0.12S�1o). Subject to the limits stated =�"1l�:,,�►tis�K»r in Section 4(D)below.this rounded araount will be my new interest rate until the next ChanBo Date. �++�y��,y!,r.e;'�� The Nou Holder w1U then detera►ine the amouat of the montlily payment ttuat would be suffident to repay ;� • • ' �. t�te unpaId prIncipal that 1 am expccted to owe at the Change Date in fult oa the maturity date at my aew intuest .��'�'� ��:,�«.,` rate in substantIally equal payments.The resutt of this calculatIon wW Ue the naw amount of my monthty paymeat. x�;�^�: � ��,• - � �f, ��?;t�•,;ti: (D)Ltmtts an Intemst Rnle Chateges ��lt '� w•' " e Date w�71 not be ter thau 8.82 5 �lo or less tdan I�`-*- :.:�;,,. • The interest raLc 1 am roquired w pay at the first ChanB 8� �.;: 4.625 %.Thereafter�my interest rate will aever be increased or decreased on eny aingle Change Date by more thau two peraentage potnts(2.0%)from the rate of interest I have be�n paying for the preoedtr►g twelve months.Aiy - - ' , � interest rate wIU never be geater thaz► 11 .62S %. '��,,;,.,- .��„� (E)EfYective Date of C6aages t� . ,. `�` My new interest rate will become effective on each Chaage Date. I will pay the amount of u�y new montG[y payment beginainB on the first raonthly payment date after the Change Date until the amount of my monthly pay- � � ment changes egain. (F�Noda ot C6anges � The Note Holder wW d�liver or mail to me a notice of any chaages in my[nterest rate and the amount of my • � monthly payment before the effective date of any change.The not[ce w[U include Informatioa required by law to , . be given me aad also the t�de aad tetephone aumber of a person who wfU answer any question I may have regarding � ' the nottce. �, B.TRANSFER OF THE PROPERTY OR A BENEF[CIAL INTERFST iN BORROWER � � Uniforn►Covenant 17 of the Security Instrument Is amended to read as follows: _n_.. � •r • -e�a..�....... ro efl...onu wn.�nf ttw Prn.v�rtv nr anv iaterect 1f�SIEf Ol IDfJ rrttgRTq Vt�ot�'ocssww�msa�vo�.o......�o......».... ....� r�-`.' ___'.r"'• -- ---. . " �� in It is sold ar trensferred(or if a benefictal interest in Borrower is sold or transfened aad Borrower is not a natural , • person)without Lender's prior written co nisenH�Lend�er�Yoatioa hall not beue er ised by Len er if exercise is �l all sums secured by this Security Instruene , p prohibited by federal law as of the date of this Security �eutrument.Lender also shatl not exercise this option if: I � � (a)Borrower causes to be submitted to Lendrt informatian rcquired by i.ender to evaluate the intended transferee � � as if a new� loan were being made ta the trar�sferee; and (b)L.ender re�sonably determines that Lender's security � " � •' wi11�ot be imp�red by the loan�s�sarr�.�tien and that the risk of a breach of any covenant or agreeraent in this Securi- � - � ty I��rument is acceptable to Lea:2r. h To the extent permitted by applicab'.e Fa.sv,Lender may charge a reasonable fee as a condition to Lender's con- � . � � sent to the loan assumption.Lender may aiso require the transferee to sign an assumption agreement that is accept- . � � , able to Leader and that obUgates the transferec to keep all the promises and agreements made In the Note and in . . . this Secur�ty Instrument.Borrower will continue to be obligated under the Note and tliis Security[nstrument unless � • Lender releases Qonower in writing. ` I " �' MULI7STATE AQItlSTA61E RATE R1DER—ANiM 8�2—Singto fam�W—Faml�M�/FnMdb M�e Unifotm MfwirteM Form 3111 3188 �-.gZ j/�iespg� VM7 MOHT(iA6E FOAMS•t3t�118�Bt00•�0001621�7291 f,. . .� . � ' ----.. .__..�