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(1 Year Tre�►eury A�cwlex-�te Cwp�) 20U2'1371 . <br />� TIiIS Al?JUSTABa,B RA'�'F.RIDBR is mndc tiiis ���� day a6 �UN� , <br /> 1995 ,and iti Incorporated Into ruxt shall be dam�xi to amend and Fuppfemrnt the Mo�tgagc, Ikcd oi' <br /> �Tnist or Security Daxi(the "Security Insuament")of the same dato given by thc u�xlersigned itha"Borrow�r")to <br /> sacuro the Borrower's Adjustable Rate Note(ti�o"Notc")to <br /> The Equita0le Buitding end lcen AeSOCiation of Gr�ed Ieland, Ncbnaka, A F�deeel Saviegs 8tnk <br /> (the"Lend.er")of the same date�jxi wvering the proptrty described in the Secur�ty In�trum�nt snd located ut: <br /> 3226 WESTSIDE 3T flRAND ISLAND, NEBRASKA 68803-?.340 - <br /> (Property Addnes�) <br /> THE NOi'@ CONTAINS PRO�VIfiIONS ALi.OWIM(3 FOR C4iAN�ES IN THE fNTEREST <br /> RATE AND THE MONTHLY PAYMENT. THE NOTE LIMIT5 TME AMOUNT THE <br /> BORROW�R'S INTEREST RATE CAN CHAN�E AT ANY ONE TIME OiND 'iH� _ <br /> MAXIMUM RATE THE BQRROWER MIJST PAY. <br /> ADDTYTONAI.GOVENANTS.In addition to the covenants anci agreements made ia the Secnrlty Instnunent, _ <br /> ' Borrower and I.�nde;further covcnant and agree us follo�rs� <br /> A.INTERF'ST RATE AND MONTHY.7l PAY11,iENT CHANGES <br /> The Note provides for an inidal inte¢est ratc of 7 .6 2 5 �.The Note provldes for chan�gc.g in <br />- thc intcrest rate and the monthiy payments,as follows: <br /> 4.INTEREST RATE AND MON3'HLY PAYMENT CHANGES <br /> ^---- <br /> �H�l..Uilll�C LYtCJ - <br />- The interest rate I will pay may changa on the first day of JUNE , 2000 .tuu�onthut <br />�- day avery 12th month thoreafter.Each date on which my interest rate could change is called a"Change Dnte." <br /> (B)'�'he Lndex <br /> = Beginning with the first Change Dute,my interest rate will bc based on an Index.The"Index" is the weekly <br />- avernge yield on United States Treasury securities adjusted to a canstnnt muturity of 1 year,as made uvailel�le by <br />° d�e Federat Rcserve Hoard.The most recent Index figure available as of the date 45 daya before each�ha►igc Aate _. <br /> ' is called the"Current Index." ' <br />:�; If the Index is no longer available,the Note Holder well choose a new index which is based upon comparable Y <br />� information.The Note Holder will give me notice of this choice. <br /> 3 (C�Calculation of Changes �. <br /> � &fore each Chunse Date,the Note Holder will calculate my new interest rate by addin� ;� <br />''- �yp percentage pnint(s)( 2.OUO Jo)to the Current =_ <br /> ' Index. The Note Holder will then round the result of this addition ro the nearest onc-eighth uf one percentage E_. <br /> '± point(0.125°I). Subject to the limits statad in Section 4(D) below,this rounded emount will be my new interest = <br /> e:. <br /> = rate until the next Changc Date. _ <br /> ° The Note Holdcr will then detcrmine the amount of thc monthly payment that would be sufticient tu re�pay the � <br /> � unpaid principal that I am expected to owe at the Chun�e Date in full on tltc Maturity Date at my ne�v intcrest rate � <br />,; in substantially equal payments.`fhe result of this culculation will be the new amount of my m�nt}ily�ayment. <br /> :i (D)L[mita on Interest I�ate Clnange9 <br /> �.' <br />•�.i Tite interest rate I am rcquircd to pay at the first Change Date will noi be greater than 9.625 q <br /> ] or less than 5.6 2 5 �.Thereafter,my interest rate will never be increased or decreased on <br />`�;; any single Change Date by more than two percentage points(2.0�%)from the rate oi interest I have bccn paying <br />.j for the precedin�twelvc montlis.M interest rate will never be grcuter than 1 2•625 /, <br />_� My intarest rute wil � never be lower than 5.62595. <br /> _� (E)Effective Date of Cl�nnges <br /> - My new interest rate will Become effective on each Change Date. I will pay the amount of my new monthly <br /> ; payment be�inning on the fisst monthly payment dute after thc Changc Date until d�e amount of my monthly <br /> 1 payment chan6cs�ain. <br />_ : <br /> ; (�Nottce�f Chn»ges ! <br /> ,_��-•--- -e�. ..t•..«....ti..«..m : ..,., :.,rP.�r rurn ond�ha umn�mt nf mv <br />,� inc ivoi�rioiuor wiii ua..c� v����a���o���C a.:,::.r... ...y .,......a... .^....,, ...�_....------- --- -------- � <br />-� monthly paym�nt before th�effcctivc datc of any cha�ige.Tlte nc�ice will include information required by la�v to <br />_= bc given me und also thc title and tclephone numbcr of� person wha will answcr uny question I may hnvc <br />_� resarding the notice. <br />,..� <br />=:� ,: <br />-�-� Wiilii'iSTATE ADJUSTABLE RATE R1DER-lLRM S•Z-Sinplp Fumily-Fa�iole MaolFroddlo Mao Un94orm Matrument <br /> Form 3111 3/86 <br />��_.' �0-822A�93051 VMpMORT6AGEFOR�15•1000162t•7291 �, PdntcdvnHttycicOPepnr . <br />::� <br />-'_'�� <br /> .. ....._..-•--'��_�._. il."...... 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