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.^,rz�. i:, . . _ . ... . •<.t r• . ' , i, .�• _ _:,e. . �•r�^ -- — — ., - --��"�-_ . .. �+�°ja .lb.11�:J�'�� ' - , � ��t�,t��r�,'�'IS'i'�TF�,�JtJti•�•nas�a��,��s-r; K�i�r.� , �- THI5 kUJ1U37ABL8 RATE RIUBR is mtuic lhl� ��h cfay of aoii Is incar{x;rxted int d shal!bc tkema!ta amend and suppiement ti�'iirert�e5 iked �f 'fruvt ur a�;urity Urr�� Sil:l�iiCj� IIiSiPiU�i�lil") uf IS�.: ;,«+a,:- dwYS g::�.n .°',} tit� ur.d_��igr.:� - �"Bomawer')to ur:uro Horrower'�Note("Note")!o OCZE_t�'1k1US FEDERAL SAV I N(iS BANK (the"Lender")of the same Jatc and cuveriug the prapeRy de,crib�.d in the Sccurity Instrurrtcnt and lacated at: - 926 S CX.AUSSEN AVENUE (�tD.PJD 1 SLAPtO, NE 68801 �Pro�xny AdJrc�+l THF NOTE CONTAINS PROVISIONS AL�.(DW[N(; [�OR CHANGES 1N THE II+ITEREST RA�'G AIVU THE IViONTEiLY �'AYM�NT. 'I'NE NnTE LiMiTS TH� — AM6EJPI'i'�'HE BOkRO�WER'S IN1fEtZEST RAT�CAN�HAP�GE A'C ANY Ol`7G�'C'LM19i� AND THC MAXIMUM IdATE T11E BORROWGe�MUST PAY. ADUITIONAL COVENANTS. In uddition to thc covcnants und agreements mude in the Sccuricy Instrument. 1Borrowcr und Lcnder furthcr covenant and agrce as follows: INTERESTRA'fE P�ND MONTHI.Y PAYMENT CHANGES (A) Chnnge Date • – The interest rate may change on the first duy of October 1, 1996 ,and that dny of each succeeding year. "Change Date'means each date on which the interest rate could change. (B) The In�ex Heginning with the first Change Date,thc intcrest ratc will bc based on an Index. "Index"mcans the weekly Average _ yield on United Statcs Ttcasury Securitics adjusted to a constan[ maturity of onc ycsr, as rnade uvailable by the Feder.0 � Res:rve Board. "Cuacnt Index" mcans thc most rccent Index fiFurc availablc 30 days beforc the Chnnge Date. If thc Indcx = (as defined above)is no longcr 3vailable,Lender will usc as a new Index any indcx prescribcd by the 5ecrctary. As used in �• this Rider, "Secretary" means the Secnetary of Housing and Urban Develapment or his or her designec. Lender wiU give " Borrnwer notice of the new Index. _ - (C) CaQculztion oS Interest Rate�:hanges �;� Before cach Change Datc,Lendcr will calculatc a new intcrost�atc by adding a mnrgin of � r. �. Two and One�lialf �crcentagc �: - p�ints( 2,5000 `�O) to the current Index and rounding thc sum to the ncurest une-ci�hth of one percentage point �. (0.125��0). Subjcct to thc limits stated in Paragraph(D)of this Rider,this rounded amount will hc thc new interest rate until R - the next Change Date. _ (D) Limits on Interest Rnte Chnn6es The intcrest rate will never increase or decrcatic by morc than one perccntagc point(1.0°l0)on:�ny single Change Date. - The intemst rute will ncvcr bc morc than fivc percenta�rc points(5.0�/�)highcr or lowcr than�he initial interest rate. (E} (;Alculetiora of Payment Changc _ ff the interest rcue changes on a Change Uate. Lender will calculate the amount of monthly payment of principal and - interest which would be nccessary to repiry the unpaiJ principal balance in full at the m3turity date at the ncw interest rate _ [hroaGh substantially eyunl payments. ln making such calculation.Lender will use the unp;�id principal balance which would bc o�ved on the Change Date if thcre hud been no default in paymcnt on the Note,reduced by the xmount of any prepaymcnts to principal. The result of this calculUtion will be the umount of thc new monthly paymcnt of prinripal and interest. - (�) 1�lotice of Chur+ges Lend�r will give notice to Barrower of;uiy change in the interest rate and monthly payment amount. The notice must - bc given at Ieast 25 days befarc thc new montlily paymcns amount is duc.und must s�:t fonh (il the dute of thc notice, - (ii) thc Change Datc. (iii)thc old interc.r•t �atc. (iv) thc ncw intcrest rute, (v) thc ncw rnonthly payment amount. (vi) the - Current Index and tlic date it wus published.(vii) the method of ralculating thti chunge in monthty payment amount,and = (viii)�ny othcr infonnation whiclti may bc rcquircJ by la�v From timc ro time. x�s, -_ Wrat lokes L'uqnc5s Fams,lna� .° ItEM6582('J104) fpu,qYl nt:p�iArsl ToOM[rf.all�1�606�i.9D0393O FA]IU1679I•IIJI � . �