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<br /> � � AUJU3TA►BL� RATE RIDER �y ' �
<br /> • � • � .. (�YcuTr.aiury Index•RtteCapa) � �����r
<br /> THIS ADJUSTABL[i RATB�IQBR i�m4de thi��T..�_day ot AUGU5T _,t9 g�!�.,
<br /> �nd 1�incorpx�trd tato�nd�hW be�ertMd to�trtxnd atd wpplemcnt tRa Moa�a�e.Iktd of 7rust.or Secudty Deed tehe"Secudty I�utrunr�t")ot
<br /> tM�ase dau d�by the unde►dincd tthe"Sonoyet")to te�um Rarawa'�AAju�able INte Nota(the"Note")to i���BMQ
<br /> �j�Q(tM"1.Md�t•')of the e�me d�te aad a►vacity tM propertY dacribed ta the Sccurity lnprument nnd toc�tct�axs
<br /> 225 HILLfpP RD.� OONIPHAN, NEBRASKR 68832
<br /> —' (Pro�erty Addras)
<br /> ��e�1Y��.Mb�Nl�w1y for etM�a 1�� t�terrst aaN�M sy woatlb
<br /> Ml�n•i'W�oU Ww iWt�tM�aa�t wy I�terat nte a�cYsK��t wf ose U�a�A
<br /> �Yo tM Ni�irw��r/tMe��nMl�nt�.
<br /> ADDITIONAL COVENAIVI'S.in addItion to the oov�nuctti and aareema►ts made ta tAe Sec�uity tastnimeat.Borrorra and Lendsr
<br /> li�nhercavaiant�nd a�reea�toliows:
<br /> A, IN[PJtE:31'RA1E AND MONTNLY�AYMEM'CHAKGES
<br /> The lVote providp(or nn Wtial interat rau ot S.75 Sy.Secqon 4 of the Note provldes for chanya in t6e intuest eau�nd the
<br /> monthly psymeau,u foUaws:
<br /> 1. INTBIPFS7RATE AND MONTHLY PAYMBNT CNANO�S
<br /> �� C�trtltiMs
<br /> '!he iaterest au I wtii pay nray chu�ge on the fi�at daY ot I�'IARCH .19 96 .and on that day everY ,...}
<br /> 12 motuhs tbeceatter.Each dateon which my itlterest rate aould cdaabo b called a"Chat�ge Due.••
<br /> (�) 7tiel�ie:
<br /> Be�InniaE wIW tl�fust Ct�u�Se pue.my intemt r�u wiil be bued on an Inda�.The•'Iada�"�S l�It K'!lkly 8V!lij0 yICId OA U�[Od SIiIl1
<br /> '(Yasury sxuritiea adlusted to s wruunt matur[ty of t yar,a�made�vailable by the Fedaa!Raavc Ba�rd.'Ihe most raoeat lndex fi�ue
<br /> awilabk as of the dnre43 daya before each Chante Dau ta altcd the"Clurcnt Iadac.•' '�''
<br /> !f the Index is no lonfer avaitable,the Noto Holder wtll choose a new inda�which is based upaa comparable informaHon.Tke Note `���
<br /> Holderwiii�iv�emenodaotthiscQioke. �� •�
<br /> 3
<br /> �� �*�O'O�'�"'E' TWO AND ONE—HALF
<br /> 8efore each Chmac Datc.the Nou Holda will calcuiau my new interest rate by addtng P��� :
<br /> �:.: .';� poipta t a..�_�)to ehe Curceat Iada�uad mundinE to the aarest t/Bth of I�Ji.subject to the limits stated ln Satlon 1(D)bdow. '• .
<br /> ;c::;' •�� 'Ififa roundod amount will be my ncw iaterest nu uatU ehe nexc Ch+eSe Date. : .
<br /> .�,,.�r�� t� , Tho Noce Holder w[ll then determine tAe unouat of the montAly payment that woutd be sufftdent to repay ta fuU the pdncipal[am ;:r��
<br /> � �s'i • °;"�;;�i•:�;� a�pecied to owe oa t4at Change Due ta substantlallY cqual paymaus by the maturity date at my new intuat rate.The tesult of thla calcutation
<br /> �
<br /> 'C�' ''�'�� wlll be tde aew amoant of my moathlY PaYuiatt.
<br /> :;,,:. '
<br /> � �,��• �) L�[bo�LtaeseRafeGat�n � _
<br /> The iataat rate 1 am roquirad w pxy at the fuat Change Date wlll rtot be gaeaca than �-7� 4� or las chaz�
<br /> �-?5 9�.'R�era�tta.my intemt rau will never be inctxased or decrcased on anq sinBle Cliange Date by more than��
<br /> ..�.O��trom the rate of intetoest I have baA Qaying for the preaeding twdve months.The minimum interat rate an thb loan will never bs
<br /> tesa than 'i..TS �7b aad the maximum interest rate wiU never be greata than 1 O_7S Sy.
<br /> �`". (�1 Plte�ti�eDtleoiCl�a7�+rs
<br /> �,: . My ner Intaat rau wW brcome efkctive on each ChaeiSe Date.I wUl pay the amouat of my new monthly paymmt beginning on the flrst
<br /> moutRlY pay�tau dateafter ths Chaage Dau umtil tde adtount of my moathlY payment ehanga again.
<br /> „
<br /> (F) NotloeoiAa�s
<br /> :,,µ�';��S4`!i• The Note HolduwlU mail ordetiver to mea no6a befo�tach Change Date.The aottx will advise me oL•
<br /> 1�:' "'�,:.•.,;;„ � y •�._/��..�.. � i;y��;
<br /> . ,{:: .. F ., i the new interos!rate on m ��8$�t YW�.�a�a�Q�u j �.,''
<br /> ""�"�9'3;'=•� (ii) the amouat of my montdly paymrnt foltowIng�he Change Date: •?
<br /> J�� •rw
<br /> Q3�) wy addtHoast mattera whicd the Note Holda is raquired to disdose:end
<br /> �+•;���;i::�e" (iv) tRc addtas of the assodatton you could contaa regarding any questlons about the adjuatment no8a.
<br /> '",r`�"�"`,Jr,`.'t� '� CEfARGFB;IdElVS
<br /> •�.;.•.; �.' 4JDfiotm Cove�nt I of the S�CUrity Inshument is emendsd io md atlolluws:
<br /> y:.. .;,-=,."� ;
<br /> :��•'��:'^.:.-_' 4.CMr�e,si Iie�.Bomower aha11 pay alt taxa,assasments.and oihv cAargn,fines.aad imposiHons attributable to the Propasty which msy
<br /> -'"':��'.�°":�- twla a priority ova thin Security Iostnimmi,und leauhold paycnenta of ground rmts.i[any.in the manner provided uada paragraph 2 hereaff .
<br /> ,�;?'.;W<t •. _
<br /> � ,' ,q:,�,°�" or.if n�pfid in sueh maamr.bY�R���E WYmeat.wheo due.directly to the payee thaeof.Boiro.vrr shall pmmptly fumish I,aArr
<br /> :,1, ,,��.�; x?-..` all aottoe of amouat�due mflsr thia paragapA.and in the�+rat Botrower stiatl make pa)�tcnt ditceti9.Bortoaa shaIl pmmPtlY fumir,h to
<br /> �°��'�.:�.�:-:- � Qr.nda reodpts evtdeacina such paymenta.Borsower slWl DromOUY d�B�mY Uaf whic4 has prEortty over tRis Savriq'Iaurument:
<br /> �:� �o�ara.BorroMU shall not be rcquired to dtseLarae anY such Iim so lona�Borcaxer.(�)sh�U agee in writict�to t6e payaient oi t� �
<br /> . c6:r,'•"T:'.
<br /> ,.=r�. : obii�atton secured by�od Uen in the man�a aacepuble to Lmder:(b)sh�lit tn gaod fa[th contest auch lien by.or defead saainst enforament o!
<br /> `�,;w;r �1 such Ua�in,teEal prooeedings which in the oAtnion of Ixnda opaate to prewcat the eotoraa�ent of the IIen or[ar[dture of the Property or efir
<br /> "`��'_,�-��-'� put thereof:or(c)adalt seaue from the hoider of such tien ea�reemwt in a tarm aat�stactory to t.endcr subordinatin8 snch ltm to this
<br /> "�� ...a�` '��_ Securityltutrt�matt.
<br /> .� �
<br /> ..:,. ..�;4::.t,:`:'_ IT LR4OCT QlIQI[QII[S t[mi eII Of azIy piii 07 tRC lfOpC(c�Is EIIDjLC1 io o tiCtt witim ttRq iiiain a�iii inci a[m��iunj:.-ua......w�.
<br /> `r ,=:,,,. . Le¢der aAolt�ct Borroaw a nottoe identi4yfng sueh lfm.Barrovrer shall satisty such Uen or eake one or mare ot tRe netions set forth nEove
<br /> �'.:n:.� ..,i,:, > witLin tm days ot the�ivins of the noSce. �
<br /> ,,3�;-��"a,- '"�;. I
<br /> d±="�:.�;��'•-,. G NOrRCE I
<br /> •c`iRru:�iAi:.':"'��' i
<br /> - �;ti-.-:•• Unifarm Coven�nt tsot che Security Inswment is amasdcd to re:d as toUows:
<br /> . .��;�,.;.,.�; i
<br /> .��:t4:P `:. . !�. 1Wae.�acapt tot at►y notix a�uired undtr appUaDle faw to De giren in anotha manna.(al nny rtotire to Bortow�K pro�ided tor in thts ;
<br /> •-,��:�.T`�.��:� � �ttrtty Irunument sAaU De�iren Ey deiivarina it or by mtilin;it by fitst ctass mafl to Bormwer at tRe Roperty Addrcu or at tuch oiha addraa �
<br /> �'•`; � ` as Banawer may Qaisnate by eottx to Lenda as�rov{ded hercln.nied(b)any►wttce to Laeda shaU be girrn bp Rnt ciw mail to Lertda's :
<br /> ' ��� ' addras aute�l�aein or to such other addrcss u Lender msy daignste by rtotia co Borror�er ns provfded herein.Any no:ice provided tor in this l.
<br /> ,�.�Y .�•L.���.��• -
<br /> Security[nswment shalt be dcemed to hare becn giccn to Barroaer or Lrnder whm givm in tRe mw�a daignated herein. �
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