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.. '•-'�-�s�....��+��.,w..+...,w�..vr.- . �y � ti . _.. , � y>,m�uaa.fnM�1RWc a�MJ�fMe�.�.., . „ - - . .-. . ...., .a+tfk.,�.-*w�.. .. .. if . � � . , . F ,�t",�'k'w�x � �-� - _ .� -.�..��'.s�:� � • ' ' . --= ,�:�r' ...aavr�:�•a+r.�� _- ��#!ln- r- _;;w��a..�� ---- - " K�L�`�[.ti��'./iIISJII�Ri�(lit�'.��'�= -- — .__��.ri� _ r!�:r_a�er��..�,_,.T=.-r—.�.._..�.__......___�e_.._.�e.�_,.�.v.��_�.-------- — —� e . ' o q - ._. � � , J � ��I „�� LW.�� ''+-. -_. V � ' — I . ' I-_.. A1i�JtJSx�.B1�]E �T� �tl[��R � .. _. (1 Ycar Trcusury Index-[txte C��xv) �OOZ73ti7 _ ��iIS AD7USTAi�L�RATR RIDER ia it�ndc this 2GTH day of ��{ . ,atxl is incatpurnted into nnd shull bc decmr.c➢ to nmcnd und supplemcnt the Mortgage,Dced of Taust or Securitv Dced(the"Sccurity [nstrument")of tlio same datc given by tha undersfgned(the"Borrawer")tu u th Bon w s Ad'u table�tate Nate(th "Note")ta �it e�Rs��A1��u�ding �nd�la�n Associetion o�arenE [st�nG, Ne6resAa, A Fedue] S�vings Benk (the"Lender")of die same date n��d covering the prapeny destribed in the Security Instrument xnd locaial at: 4222 ARIZONA GRAND FSLAND� NEBRASKA 6880a-1005 • (Property Addrcss) TkE N07E CAWTAINS PROVIffiION& ALLOWING FOp GHANGES �IN THE IW7EREST RA7E AI�D Tk� '�!�l�3'HLY PAXMENT. THE NOT� LIMITS THE AMQUWT THE BORROWER'S IMTEREST RATE CAN Ci�ANGE AT ANY ONE TIME AN� TNE MAXIMUM RATE THE BORROWER MUST PAY. , ADIIITIONAL CO�NANT3.In addition to the cavenunts and agreements made in dir Securiry Insavment, Iiorrower�nd[.c�nder further covcnant end agree as follows: A.INTGIiEST RA7i�� AND MONTHLY AAYMENT CNANGES -- The Note provides for un initinl incerese rate of �•875 °!o.The Nate provides for changes in the interest rate and the monthly payments,as follows: _ 4.INTEREST RATE AND MOi+iTHLY PAYMENT CHANGES � Pure�= ca>en�g�nAc� The interest ratc I wi11 pay may change on the first day of J UNE , 2000 . and on thut " � day every IZth month thereafter. Each date on vrhich my inter�st rate co�ld change is called a "Change Date." (B)Ttxe Endex `" �r,T;-: Begiru�ing with the first Change Dnte, my interest rate wi�l be bascd on an Index. The "Index"is the weekly � � nvcrage yield on Unitect States Treasury securities adjusted ta a constant maturity of 1 year,as made availablc by �.� the Feden!Reserve�7oard.The most recent Index f gure avaitable ns of the date 45 days before rach Change Aute is c.�lled¢hc"Current Index." �`':':- lf thc Index is no longer available.the Note T�alder will chcwsc a new index which is based upon comparable ��•; information.I'he Note Holder will�ive me notice of tttis choice. ;�`�:. (�y�alculation o!Changc� �'�' Before each Change Date,tha Nate Holder will calculate my new interest rate by adding ' '�"` � percenw�e point(s)( 2.000 %)to the Caerent 's;;,',1. Index. The Notc Holder will then ro�nd thc result ot this nddition to the nearest onc�cighth of one percentnBe �r�f��"• paint(0.12�!). Subject to the limits stated in S�ction 4(D)below,this rounded amount will be my new interest ,- rate untal thc next Change Date. . The Note Holdcr will thcn detcrmine thc amount of thc montlily payment that would bc sufficiert to repay die ' unpaid principa:that I acn expected to o�ve at the Chu��ge Date in fiill on the Mnturity Date at my new interest rate � in substantially equal payments. The result of this calculation will be the new amount of my monthly payment. (m)Li,mtts on Interest Rase Chnnges 5 The intcrest�a�c��requin,d to pay at the first Change Date wiil not be Srcater thrsn 9.87 5 �6 or Icss than 70. '['hereafter,my intemst ratc a�ill ncvcr be increased or decreased on i any sinsle Change Date by more thun twa pe►rentage point�(2.0 0) from the rate of interest I have lxen paying '�: . . �or the r odin welvc onths,[utv intcrest rate will °ver be gre��ter than �2•$7 5 S5 My ��i�ere�� ra�e wilT never be �owor tnan 5.875�. (�)Effcciivc�atc ot Chungrs i My new interest rate will bcxo�ne effective on each Chan�;e Date. I will pay the amount of my new monthly � payment bcginning on the first munthly p�yment date aftcr the Change Date until thc amount of my monthly i paymcnt cBnnges again. I � (F1 Nollce of Chan�es t The Note Holder will deliver or mai[ to me n notice of any changes in my interest rate and the amount of my � monthly payment bcfore the effcctivc date of any ch:�ngc. The noticc �vill inclade information rcyuim.d by law to ' bc given mc au►d also the title and tclephunc numbcr of a person wha will answer any qucstion I m�y have � rcgattting thc uoticc. � I � M!lLYtSTASE AWUSYABLE BAYE RIOEH-ARM 6-2•Singlo Family-Fennle MeelFreddie Meo U�Ifeem Instrument � Form 3111 3/86 � �-82�103051 V�1PA10fITGAGEiO(�MS �11001511�720� .^ Prinit00AfICCYC�CdP49C� rr � i I • ' I