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<br /> :u`z -:.�`��.' ...l: � . AD�I�TABI.E RA�E RjDER � � � . . -- --
<br />-�r•' � ``"'f;� : . , (1 Year Tre�sury in�ea%-Rate Cspsf . . � . " ----
<br /> r_:-`�� �!t^' `ri � ` 002002Z289 � ' � -_
<br />:�,�°� � �� �c�. � � � THISADJUS"CABLSRAZ13RIllERismadethis ` 30TH �YOf dECEARBEf� . .19 gg ,aadls: � ' -
<br /> _''.:` 4 ��.�.�� iacorperatet!into aad stiait be dee�ed to arAend and sgpptement the Mortgage.D�ct of Trust nr Securirp D�cd(the . °..---------
<br /> ,. ;`. . :. "Securitg�Instruraent")of the same date given by the undezsigne8(th2"Bonower")to seaue H�rmwer's Adjustals�t ---
<br /> ` �� � . Rate�l�lpie(the"Npt�")ta ihe Epuita�ic euilding and ioa� Assocfetion a�Cran� tslend,HeDrflska, A � - �-_--- --
<br /> _� r feQerat Sae ings 8ae& [c&e"Lender")08 th�same date an�sovering th�proge;q►d.ss�bss! �� . .
<br /> t � `. - ` in the Security Iastrumeat and iocated az:
<br /> . - .. - —.
<br /> ������' "-�'` ' " � 4324 LARIAT LN aRAND� IStANb, NEBRASKA 68803-2229
<br />- :���.,- L.:'y`: , [2iopeityAddress] . ,. .
<br /> . � -' ` , THE Ni3TE COiIITAiNS PROViSSOi�S ALI.OYVINO C-OR CHANGE$IN THf IHTERE3T 6�Ai'B .
<br /> '`�t,,�"-. = Allta THE MOHTHLY PAYMENT:"�i`ifE FJOTE LlMiTS THE AMOUNT THE BORROWER'S . -
<br />_�-?;.:..:;.,, Z�.'�; .. .
<br />°�:�.. .•;:•. : INTEREST RATE CAN CHANQ��1T�AbiY O1�E TiME AND TIfE MAXIMUM'RATE THE BOR- �
<br /> -:. �-: . . ROYYER MLiST PI1Y.
<br /> ;, .. . .
<br /> . � ADDTITONAI.COdENANTS.In addition to the coveaants and ag,�eements made ia tlte Security Instrutnent. .
<br /> Boirower and Lender fintt�er covenam aud agree as foIIows: •
<br /> '�" • A.II�T RATE ANlD MONTALY PAYMENT CHAtvGES ' _
<br /> • ., . , ;.
<br />,�� ° �'�W•- ----. -----'T�teNotepiovides for an mit�al intere�!tate of.. �1a.The Notepruvides forchanges in the tnxetesi rateaad the
<br /> 6:8T5 --
<br /> , d . - monthly payments,as foL'ows: �. , -_
<br /> ,. • ' 4.INTEREST RATE AND MONT�dLY PAYMENT CHANGFS —
<br /> :_...:� (A)Cbaage Dates. � � '
<br /> _ .... .., ��
<br /> ._,.. • P Y Y 8
<br /> . . : . .. ?he imerest rate I mU a-ma chan-e on the f�rst day of - ;J ANUARY ,19 g 6 .�nd on thai day �'`�'�,..
<br /> ' every IZth monLta thereafter.Eaeh date oa whic�my Interest rate cantd change is calted a"Ch�ge Date." � -
<br /> � � . ' (�1Ttt Indea . - —
<br />,_. . Beginning wnt6 the first Change Date,my interest rate w�71 be based on an lndex.The"Y*�r�"is the weekly : - --'"°
<br /> � average yield on fi3aited States Treasury securities adjusted to a constant maturity of 1 year,��de avaitable by � �,� .
<br /> . • . . � the Federal Reser�e Boazd.1'hQ ffiost recent Index figose avalai�le as of the date 45�y-s before e�ch Change D2te �, `
<br /> _ . is called the"45urent Tndex.`" � -
<br /> _ � `� If the Iadex is no longer s�a�7able,the Note Holder will chaose a new index which is based r:�on comparab?e �"
<br />- �,�' �_ information.?be Note Ho3der will give�cos�ce of this choice. ��
<br /> . . . .��
<br /> . (6�CatcWstion oI Cbanges � . �`'�
<br />- _ - �: #efore each Change Date,the Note Holder w�l catculate my new interest rate by adding 'IW4 � �„~, ,;-`-.
<br />�;`:,.;;,�-•�:; , percentage points( 2.000 %)to the Curreat�ndex.The Note Holder will then round ` •.
<br /> -:.=?�~� : � the resnit of this addlt�on to the nearess one-eighth of one :� r-�"-:"�
<br /> - ,.._..., percentage point E�.12S%).Subject to the limits staud , ;.
<br /> � :' � � � Ia Sect�ion 4(D�tt�Iow,this rounded amouaa will be my new interest rate until the nem Change Date. �':_�="-� _
<br />--'�',?�_�,'.:-' . 'I'he Note�al�er w�l thea determiae the amount of the monthly payment that would be sufficlgnt to reDay . ��_:�_=
<br /> .;-.,;___ ..
<br />___=''������'����• � the unpaid principal that I am expected to owe at the Change Date in fuIl on the maturhy date at my new interest :�:;��_..----
<br /> - •' •��:;,;z�.' � rate in substantiaily eqaal Dayments.The result of this catr�iation m'll be the new amount of my ufonthty payment. ---
<br /> . , � `�,_:='.
<br /> . . '� tD)Idmits on Inte�est ltate Changes . '�;�,�z�„-•-
<br /> • • • .' 17ie Intetest rate I am req�ecl to pay ai the&cst Ghangc Daze w�l not be�reater than 9.875 °lo or I�s than � ,,,r:..:- '��.
<br /> . 4.875 °1b•Thereafter,my lnterest rate will never be iacreased or decreased on an s' '^ `"J�` �'�
<br /> : ' • , � . more thaa two pec�centage poinis(2.0%)from the rate of mterest I have bcea y �e Change Date by `.� "..�� �
<br /> �
<br /> paying for the preoeding twelve months.My
<br />_ , i nteresi rale m'l l never be greater tha�► 11 .875 %. . . .�.
<br />_ ;' : . (E)�ffectire IDate ot Chattges . .. .
<br />_-'=: � • � � My new interest rate will become effective on each Change Date. i will pay the amount of my new monthiy ; . . � ��
<br />-';;�;;``' �;:`-.' , paytaent begianing on the fitst monthly payment date after the Change Date uatil the amounc of my monthly pay- '
<br /> =� -���:�.. metta chauges again. � . . .�'�'
<br /> :_r�••` + . .
<br />— -:54�:_�:;�.� (F)Natice ot C6�egcs � ..
<br /> _?v'���"`+ Ttie Note Holder wiU deliver or raai!to me a aotice of any changes in my interest rate and the aaiount of my �
<br /> ,.���s�-....� . �
<br />_ ���`���k��-'� montlily payment before the effective date of any change.The notice will include informadon require@ by law to �
<br />- _ De given tae and also the titte and te�ephone number of a person who will answer any question 1 may have regarding � . i•
<br /> - the cotice. � - � . -
<br />- .. :'' .:�^' B.71t�►NSFIIt OF THE PMN'ERTY OR A HENEFICIAL INTERFST IN BORROWER � ' �;
<br />='� ''- � � ' Uniform Cavenant 17 of the Security Instnament is aznended to read as follows: ' �
<br /> _ • x.•. :'
<br /> ti • . Tra�sPrr o91he Froperiy or a Beasfkia!Interest in Borrohrer.IF all or any part of the ProDerty or any iaterest � �
<br />
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