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<br /> TWS ADNSTABI..E RATE RIDER is made th;s ,14�h day of Apri 1 ` � i9�5 _ . , _=-_-=_---
<br /> , aud is incarparated into anc!shal! be deeffied�#o amend,and supnlcrstent the Mortgage� Deed"of'�'rust � �::�:,--��_�.
<br /> , nr Security 19eed f�he"Securicy Instr��aent")of the same date given by ti}e ur►de:sifined(the"Banov�er") , ��_—=f'``=== --
<br /> to secure Bonnwer's Adjustabte Rate Note(the"Note"y to � �;��r��.�.
<br /> � flOLI&�US EEDiERAL SAVitSGS 8A911K ' __-_____-_ -
<br /> , ' (tke"I..endes'°)of the � --- -----_ --
<br /> . � � .,;_s�me date and covering the property descnbed in the Sec+uity Instrutnent attct loeated at: � . _---- --
<br /> ' c�''.. ....-..�t.�f��i{kf�tAT LA�tE� GRAI� ISWSD, NE 6880� . . - - ---
<br /> . _ • ' � €��'l��i -- -- - , -------
<br /> . "� ` T�i�NOTE GC�1�'IklNS PR0llisiQ?�5.0��3l,'t3WlNQ�OA CHANGES 1111 THE QAtTEAEST . .
<br /> RATE AM.[11 THE MONTHLY: P���:��HE NOTE LtMiTS THE AMOUNT THE. �
<br /> � 6Q�tRO1NER'S AQJ�STABUc�.�irf��RiATE CAH CHANtiE AT ANY OiVB YIME AND ' --
<br /> THE MA�LIMUM iiATE Ti�lE Bt3i�fft8t''iT��3�VlUST PAY.'PHE�IOTE ALSO COlIiYA1tNS ` '
<br /> � '. �7ME Qi!Tl�A1 TO CONVV�RRT YHE A�:�t�'ABLE.RATE TO A FlXED i�AT�. �
<br /> _ AD���� ��'i�COV.ENANTS. �In ad�.nioiir.,tra s.he cavenanis and agreements made ia the Sec�:rits -� -
<br /> - Fnsti�artni;.�air�wer�d LeneYer furti�er uuv�na�s�aad agree�as fotiows: ' . . .. . - -: -____----- --.
<br /> . �A. ADJU53'ABLE RA�E AND MONT�ILY g`"�YiV�N3'CRANGES '
<br /> The T�ute pro�rides For an initial interest rate of : 8.25�0 °'o.'Ihe Note provides for changes
<br /> ia the adjii�-�w`_:interest rate and the month{y pa�aents,as follows: � � � T
<br /> • , ,. �-
<br /> 4. Aj?JUS'�'i�E�E Il�iTERFST RATE AND MON'1FiHE:Y PAYMBNT C�ANGFS
<br /> _ -- - -----����°° -. . . .. ---- -- . - ` _- _ --------_ _
<br /> The adjns�ble interest rate I wIll pay may ci�.�ge on tfte first day of May . 2AQ0 . •
<br /> und on that day every iZth month thereafter.E�,.sh�ate on wtrich my adjustable interest rate coutd change
<br /> . • is caQed a"Change Date." , ' ,
<br /> � (H)'[he[ndes � .
<br /> Beginnin�with the flrst Change Dace,r g a aj:istable interest race i;z'11 be based on an Index.Tiie•`indes" —
<br /> � is the weekly average yieid on United Sta:�.nreasury secutities�ad��..�te�to a canstant maturiry qf i year, �'
<br /> � as made availabt�by tF:Federal Reserve Ac�it:"T�e most secent Irtdex�sgure available as of ihe date 4S days — ---_
<br /> before e�ch Change;'ID�..:e is catled the"Curr�u Iade�.,, � -----
<br /> [f the Index is nc�nger ava�7able,the Note F.�o2der wIIi choose a new index that is based upan comparabl� � .._ �
<br /> information.7'he Note Holder wiU give me no2i�of this cho.ice. , ;
<br /> (�D t.�lcWatlon oi Changes � _ =
<br /> �ePor$each Change Date,the Note Holder will calculate my new interest rate by addins _ _
<br /> � Two 3nd Three-Fourths percentage point(s)t 2.T500 %)to �-- --
<br /> thc Current Index.'I`Ir,�Note Holder wi11 then round the result of this addition to the nearest one-eighth of
<br /> one percentage poina��#,1Z5°1o).Su6je�.K to the Gmits stated in Section 4(D)below,this rounded amount�vill ��
<br /> ' be my new interest rate until the next Change Ibate. ' . �� �.-
<br /> • The Note Hotder will then determine the a�n�unt of ths rrconthly pagrment that would be suffcient to ���'
<br /> repay the unpaid principal tha3�am exDected in oRe at the Change Date in fa�11 on the Maturity Date at my �,�,,_+
<br /> ne�v interest�•ate in substantia::r e�:al paymPnts. The result of ti�is catculation wilt be the netiv amount of �.^,�--� -� �
<br /> my re►ontiilyr payment. �� v� ,�,,
<br /> !D) Llmtts on Interest Rats Q��ange9 • .�. '�•`
<br /> Thc intcrest rate I am T��;uired to pay at the first Chanae��7ate will not be greater ._��,,."- ---•.
<br /> , ' than . 10.250Q %m*�:�than 6.25Q0 %.Therea�ter,my adjustable interest rate . ,:. �i9`;;-�.`.:
<br /> �vili nevee be increased ar decrease�ain any single Change Date by more than ��`"=����'`
<br /> '�'b��:•.i: S� : .
<br /> . �wD � percentage,point(s�.( 2.�000 %) � � • �
<br /> �:�:,.' �
<br /> f'rom the ratc af intcrest 1 have been�;.�ying for the preceding 12 months.Ndy 3r.�rrest rate wil!never be greater � • • ,
<br /> � � ehttn � 14.2$00 °/o.w�:sh ls called the"Maximum Rate." .
<br /> � fl�:l Eftecltve Uate of Chang�s . � . .. • �
<br /> My ne+cv interest rate wili becore:+e�fective on each Change Date.l wi;l�au�theamount of my new manthly � • •
<br /> ��ymcnt Gcginning on the f'vst mont?s�y p�aym�ne cHace after ehe Change Da.e t:ntil the amaunt of my monthly
<br /> p:►yntent changes ag�ir�. , '
<br /> , l6) NoUce o�Chstnges ' � � �. �' .
<br /> � 't'hc Notc Holcicr�vill deliver or mi�co me�m�otise of any chanEes::�my adjustabte interest rate and � � .
<br /> �he nmoitnt of my monthly payment befcr�e�:.�''c�_�;ive date of x~.;�chacz:.dhe natice will include information .
<br /> ' tettulred by ta«to be given me and aiso the�t:�z:�telephn�:c����r.er W`a person�vho�vill answer any questlon � •
<br /> i m��y havc rcgardinB the notice. � � �
<br /> atULTISTATB COM1NEii7181�AOJU9TABLE RATE 910EA—Ss,�o 5ari1-1 Yoor Troaaury InQo:�Fcmilo M�o Unifortn Instrumant � '
<br /> �,•f340A,�,., va�i9 t ot:i 6Grm 311811��J' � .
<br /> , � V61V fAOflIGAGE fOH�43 • lQpOt521 7271 I' I Q ,: ' , .
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