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<br /> � ( 9 YeAr'�'t�aury Yadez—li�te��lta) ,
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<br /> ��nn�c�r,►ai�3 tu��BRla m�e thls 12'rHd�ur of �SEt�TET�9ER . iq 9,�� md i�,> .
<br /> luooiporated fnw and ch�ll be daRmod w araend�ad �up�lemra�t tho MortgaYe. I)ead oY'ih�t ar 56curlty I�nd 4tl�e
<br /> ��Securlty Iivaument")of die.�ame d�e jlve�n by tl�e uader�ned Nhe"Hoirawa,�)w �ecur�e Bortowar`:Ad�worDi+
<br /> Rate Noto(tho"Note•')tfl NORUEST MOR�.GAf3�� I NC.
<br /> (the�•1,ender„y of t�o siw�e dite Wtd c8vtriA� tbo praper�y�ii(�1 ia
<br /> tho 5acurlty tnr�trament tnd lacatod at:
<br /> 1420 COVENTRY PLACB GRAND ISLAND, NE 66801
<br /> IPrope�y Addrer+l
<br /> Ta�nw�o��Nar�oviswws�u.ow�d�ca�►�s��i�r Fure
<br /> AND TEl�MONTMl.Y PAYMENT.'THB NOYE LlMIT9 THE 14MOUNT THE QORR�ZWER'S
<br /> iNTERE9T RAT�CAN CHANGE AT ADlY ONE T11RE AND Ti�lE M/Uf11AUM RATE THE BOR-
<br /> ROWER MUBT PAY.
<br /> ADD1Ttoxni.COVE[vANre.�a�ddidon to the oovetunts and agnxments made!n tha Savrlq� Lnstrumeat,Borrower ,
<br /> aa�Irads,r fluther oov�ant and ag►re aa followa:
<br /> A. INTEREST RATE AND MONTHLY�AYIVIEN'P CHANGTS
<br /> The Hot�p�vides for an inldel interest rate of 6.500 96.The Nota provtdes for changes in thv iatanat rate atd
<br /> the monthlY PaYraents.as followa:
<br /> �. II�iTFdtFBT AA'�'E AND MONTALY PAYMENT CBANGES
<br /> (A)C6u�e Dates
<br /> The intorest rata I wtll pay may chsnge an tha flmi day of QCTQBBR , 1995 � and on�at day
<br /> avery 1 2 MONTHS thereaRer.Bach date on which my.intarest rata crnild chenge ia caltod a•'Cha�age Date.�•
<br /> (B)'lUe�nd�
<br /> �8��8 wlth du fust Change Data. mY inurest rate�wlll be based on en Iadex. The••Index•, is the aeakly
<br /> svas�e pidd�vaiud Ss� Tr��ay s?�rdes aejusred co a consmnt mawdty of 1 Yeer(s). as made aveilabie
<br /> bb du Federal Reserve Board.The moat recent Indox figun,available es of the dau 45 daye befora aach Chaage Data is caUad
<br /> tho•`CY�treat Indea.••
<br /> ' �'"'�� U the Inde�c is ao longer available, the Note Holder wlll choosa a aew indax wldch is bascd upon comperable
<br /> .,h�;,,�;
<br /> �,j,�,;'.: � informatton 7ha Note Holder will give me noda of thia choice.
<br /> �'�...�i�s. .}'..:.r.
<br /> �� ti (�Caknlatbn of Cbanges
<br /> ; µ �;�,�"�`t'�`` &fore each Change Date, the Note HoIder wIll calculate my new iaurest rato by addirtg TW� AND
<br /> SEVEN-EIGHTHS percenmge points( Z.875y6)w the Current Index.The Note Holder wlll Wen rouad tbe
<br /> ��'`�''`'ry � � resWt of this additton to the nearest onaeighth of one percemage point(0.125 96).Subject w the limita smted in Section 4(D)
<br /> ����;'
<br /> . .�,�.... below,this munded amount wIll be my new interest rate vatl!she ne�ct Chsage Date.
<br /> 'i�`h=`;�`•. The Nete Holder wlll then deumilne the amount of the monthly payment that would be su�'icient w repay the
<br /> �i•��* unpaid prindpal that I am eapectea to oae at the Change Date ia fWl on the mawrity dau stt my �rate ln
<br /> + '�;s.�^x�'�: Rubs�aatiallY e4�PaYmeate.The resWt of this calcWat[on wIll be tbe acw amouat of m monthl �
<br /> '�"'�. �;��:�a_.'., N)�dmtis on Interest Rate ChAnges
<br /> fi�"''�'`,�;��',:�'�;; '��� 1Le i�trest rate I em required to pay at the first Change Date wlll uot be gra�ter thaa 8.500 96 or less tban
<br /> �`",;:�,-.•=.".��.`.c• �: 4.500 9G.'IhereaRer,my intaest rate wW aever be incresscd or decreased on any siagle Changa Date by mor�
<br /> >wt�":,�`.,. ' � Ti10 percentage pointa ( 2.00�) ftom my initist aote rate of inurest I
<br /> ����� - � have ban payiag for the preceding twelve months. My interest rate will never be greater than f 2•500 qb.
<br /> . �{•� .�r
<br /> . t. o (L�ffiecNve DaLe oi C� .
<br /> ' � _ "� My new inunst rata wjll become effective on each Chaage Date.I wW pay the amouat of my n.ew monthly paymeM w'�
<br /> ''"' �' b e g t n n i n g o n t h a R r s t m o n d il y p a y m e n t d a t e a R e r t h e C h a n g e Date uatii the amount of m y montW y p a y meat chaa g e s ��-``f
<br /> ;�;'�• a'."
<br /> i R :r- � ....eSw
<br /> °b..""
<br /> �,.�� ,.. ' (F'1 Plotfoe of Changes .
<br /> r�•" - .
<br /> -�� •„ . ' The Note Holder will dellver or mail co me a notice of any changes�a my tnterest rate aad the amount of my monWly
<br /> payment befom the e�Ctive date of aay change.The noflce wW include iafo:mation�required bY 1aw to be given me and
<br /> � alc�o the dde and telephone number of a person who will answer any quesdon I mey have regardiag We nodce.
<br /> " H. TRlWSFER OF T�1'ROPERTY OR A BENEFICIAL IIVT�RF�ST IN BORROWER
<br /> �:� " Unifotm Covenant 17 of the Secudty Instr�ment Is emended Lo read es follows:
<br /> ?"K. .' .
<br /> Transfa oi the Property�r a BeneIIdel Interest in Bormwer.If ell or part of the Propaty or aay interest in It is
<br /> " sold or n�aasferred(or if a benefidal interest in Borrower is sold or transferreci end Borrower ia not a nadual person)
<br /> verithout I,ander's prlor writtea conseut. I.ender may,at ita opdon, requIre immediate payment in fuU of all sums secured
<br /> �,, by this Secudty Insuument.However,this opdon shall noi be exercised by Lender if exerc�ae is pmhibited by federel law
<br /> on nf thw�iatn, nf thta Ceruritv i�e►�+*�sa++t. Ir.nder also ahall aoi e:erctse this ondotf If: (81 Botrower c�11SeS to bC
<br /> • • submitted to LRader informadon requir.,d by L,ender w eveluate the intended uansferee as if a new Ioaa were beiag made
<br /> � to ti�e uanaferee; and (b) I.eader resonably determines that Lender's security wlll not be impaired by the loaa
<br />- , � asaumptton and that the risk of a breach of eny covenant or agreemeat in this Securlty Insuuaneat is aoceptable to
<br /> Lender.
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<br /> ' MULTISTATE A01i1bTARLE RATE RiDER—Stnqie FamUy—fannt�W�fF�eddt�N�a UnNOrtn t�meM Form 3111 9/ES �
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