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. ..—,.,,�,,,,,,�,;._ _ -:- - - -- .._. - �- -- -- - rn-: � � , ��-�.� � �� ADJ�1��'AH�L� Rt�TF ItI��R 4�oz r�TS � . � . ;, (1 Y�r Tre�wry Ieias-1We[:aNr) ,. 'fHiS AD]USTA�ILE�I�.TE�t�D�tt is m�de thia �T� day nf . JIJNE . 199 5 .a�nd ia inc:orporaad into�.^rl�htl1 b�deemod to amerxl and suppkma� the Mote�t.Deed of Ttust or Sa.�tr�iry Uood(ihe"Saurity Inatn�ment")of thc stune d�te given by thc undafignat(thc"�ormwer`)to socure thc BnrrowKr's Adjusuble R�te Note(thc"Note")tu The E�uittbi� 8uiidiep �nd Loae laiocittian ot Qr�n� leltnd, N�breske, A F�dor�l Sori��ps @�nk (the"C.ender")af tnc sxxna date �uxt wvMti�ig�he�sope.�y dcscril�in tha Swarity Ira�n!�nt a�x1 iocated st: 292.3 �I {i�iHEcLEF'i Ca'rio+i�li I3l.AND� NE�RASKA 68801^2356 lPtuperiv ActdrGS�] Tb1E N107E C�NTAINC PRQVISIORS AUOWIN� FOR CHANDES IN THE lN7ER�ST RATE A�iD THE MONTHLY i'AYMEN�'. THE NOTE UMITS THE AMAUNT THE BORROWER'� INT�HEST RATE CAN CHANGE AT ANY (DN� 'ffRAE AND THE - MAXIMUM RATE�l�E B(aF1ii0WEi�MUST PAY. A,x)Ul'11UtVAf.CuV�ivh►vTs.i�adcietion to the covenanis and agrecments iw«IC iu. d�e su.u�ity�uits�;k:a-�:, Borruwer and Len3er furttser covenant and ngre�.��follows: _ A.INTERES�'RATE�#PID MONTHLY PAYMENC CHAIVGES Thc Not�pmvides for an initial interest mte�f i .87 5 ro.Tiae i�oi�p�.rv�uw i�+r cuw��;w:� the inicr�st rate und the month�y payments,as follows: 4.�'TERE,S'1'RA'fE AND 16�iQNTHLY PAYMF.NT CHANG�S (A)Chxnge ID�tes 'I9�t intcrest r�te I will pay may change on thc first day of J U LY , 2000 ,and on that day every 12th munth thereafter.Each date un whieh n�y interest rata cuuld clian�e is called a"Change Date." (B)Thelndex Reginning wit'h the first Change Bate, ray interest rate will be bas�d an an Indea.The"Index"is die wceki}� average yield on CJnited States Treasury securities adjusted to a wnstaa�t mnturity of 1 year,as mncle avuil¢ble by the Federal Rescrve Board.The mr�st recent Index figure aveiluUle as of rhe date 45 dnys bcfore each Change Date is calted the"Current index." If the Index is no tonger aveilable, the Note Holder will choose a new index which is based upon compa�bie informa6on.The Note Holder will give me notice of this choice. (G�Calculatiun of Chtngcs � Before each Change Date, the Note Hoider will csalculate my new interest rate by adding _ Yy�p percentage point(s)( 2,ppp %)to the Current Index. The Note Holder will U�en round the result of this addition to die nearest one-eighth of onc percentage point (0.125%}, Sabject to the limits stated in Sectlon 4(D)below,this rounded umount will be my new intcrest rate untfl tl�e ncxt Chmige Date. The Note Holdcr will thcn determine the amount of the monthly payment that would be sufficient to eepay the _ unpaid principal that I am expected to owe at th�Change Date in full on the Mntunity Date at my ne�v interest rale _ in substunrially ec�ual paymenu.The result of this calcula4ion wiU be the new aaiount of my monthly payment. - (D)Limits�n Interest Ratc Cha�ges g,g�5 - Thc intcrest ratc[nm required co pay at thc first Changc Date will not be�mater than °.'o � or less than 5.87 5 °Io.Thereafter,my interest rnte will never be increased or decmassed on = nny single Change Date by�ore ti�nn hvo percenta�e points(2.O;o) from thc rate oi interest I huve been paying _ for the prca:ding twclve montlis.MY interest rate tivill nevcr be greater than �2•8�5 `�a• = h1y int�rest rate wi 11 never be lower than 5.875%. [E)Eftec4ive Date of Changes — My new intcrest rate will become effective on each Cltange Date. [will pay the amount of my new monthEy _ pnyment bc�inning on rite first monthly payment datc �fter thc Change Datc until the amount of my monthly - payrnent rhangcs again. _ (F'1 Natice of Cliang� - 'I'he Note Holder wili deliver or mail to me a noticc of;ury chan�es in my interest rate and dte amount of my — monthly payment before Qie�ffective date of any change.The notia: will �nclude information mquired by law to be given me and nlsm thc tidc and telephone numbcr of a person who will ans�ver any questiun I may have — regarding the noticc. MULTISTATE ADJUSTABLE HATE RIDER-ARM 6•2-5fnfllo Famiiy-Fannle Mee/Freddle Mac Unitorm ir,strum�nt � Form 311 i 9/8.ri .— ��Z�l330;i1 Vh7PMOI�T6AGEF011615•18001511•M81 � RintMOnRet�ticAFr.per � � � � . . .. .._ ._.