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_ .. � !� ..�� �'.��;,-: <br /> ,� . �� F��� ' ... . ._.. ._� .�.�� .. <br /> . � . :��°:{��1�'l�`4,_c_ . . ...i�....t�F.'U �'.. �17.t ......_. <br /> " --' ___—-- - �sa�z — __ -af�r.c�..RO.r-. <br />'�,�ST`r- _--�.a�_-a�.---- --_-- — _—— . — <br /> . <br /> ���5—��1�i1 °_ <br /> A1)JUSTABI.E RATE RIDER 2oo2��ss <br /> _ (1 Year Tren.4ury Index-Ratc Cap�) " <br /> THIS ADIUSTABLB RAT1i Rffiflit ia madc this 20TH d0y of �UNE . � <br /> 189 5 .and is incorporatad i�to and ehall I�o damod to amend and supplement the Mortgege,Deed of <br /> Trust or Security Deed(the"3ecuriry Instn�mcnt")ot tho Rume data givcn by the undersigned tthe'Borrower")to <br /> secute tho Borrower's Adjustubla Rnte Note(tUe"Nute" to <br /> T�e Equitebin Butiaing �nd laen Aesoct�tto� ef Oreed �atend, NODt1skl, A iedereS Sevinge Btnk <br /> (the`LeMer')of the same data and covering tha propetty d�escdbed in the Secudty Instmment nnd located ut: _ <br /> 2938 dQL0ENR00 OR QRANI� ISLA���N�BRASKA 88801-8TS8 <br /> TH� NOTE CONTAIKS PROVISIONS ALLOWIN� FOii CNANaES IN THE INTEREST <br /> RATB AWD 4HE WIONTHLY PAYNIENT. TMH NOTE LiMITS THE AMOUNT THE <br /> BORROYYER'S INTEREST tWTH CAN CHANGE AT ANY ONE TIME AND THE � <br /> MAXtMUM RATE TFl�BORRAWER MU&�' PAY. _ <br /> Iri��i aTitAPIAY.C�VE:NA�'T5.Le�idt�on t4 the covrr�nts end narcements made in the Secudty Instrument. . <br /> Borrower aud i,euder further covenant end osne ua follaws: — <br /> A.INTERFb'1'RATE AND MONTHLY PAYlL�NT CHAN(iES <br /> 'Ihe Nou provides for en iaidai interest rate of 7.82 5 Rb.Ttte Note pmvIdes for changes in <br /> the Irturest rate and the monthly paymenta.as foUowa: <br /> 4.1NTERES7l'RATi:AND MONTHLY PAYMENT CI�ANGES <br /> (A)Chsngd Dates <br /> The inurest rata I wUl pay may cha�►ge oa the fust day of J U LY , 20 00 .end on tUat <br /> day every 12th month Wereafter.Each d.ate on whisb my interest rete aould chenge is caUcd a'Citange Date." <br /> (B)Tbe Intlex <br /> Beginning wIth tbe first Chsnge Date�my intenst �ate w111 be basad on aa Iada�c.The "Ind�x"is the wcekly <br /> average yield on United Staus Treasury seauides adjusted to a ooastant rnawrIty of 1 year.as made availablo by <br /> the Federal Reserve Board.11ie most rxent Index figure available as of the date 45 days befon�ach ChsnBe Dato <br /> l8 q11ICd ttl0"�'111'[�eIIt I11dW(.� <br /> lf tue Index ia no longer available,the Nota Holder will choosa a new Index which ia basod upon oomparable <br /> iaformation.The Note Hold�r will give me notice of thia choice. <br /> (C�Cakvtat[on ot Changes <br /> �efore each Chauge Daie.the Note Holder wtll calculate my mw interest rato by eddiag <br /> -�y� percentage point(s)( 2.000 :6)w the CSuxrent - <br /> Iadpati The Nota Holder wiU thea mund the cesult of this additIon w tbe nearest one-cighth of aae per�tage <br /> point(0.12596). Subject to the limits scated in Secdon 4(D)below, this rounded emount will bt my n�w interest <br /> rete undl the next C.�ange Date. <br /> T7ce Note Holder will then determine the amount of tlee monthly payment that woutd be sufficiemt to nepaY the <br /> unpaid principal that I am e�w vwe at ifia Change Date in fWl on the Maturtty Date at my nev►+latzrest rete <br /> in substantiallY equal payrnents.The cesult of this a+Iculation wlll be the new amount of my monthly paymeat. <br /> (p)Llmits on Interest Rate CPtangcs 9.826 9b <br /> 'The interest rate I am requirod to pay at ihe first Change Date wi�l not be greater tl�an <br /> or Icss than �•6 2 5 °!o.ThemaRer.my intcrest rnte will aever be�ncreased or decreased on <br />° any single Change Date by more thai►two percentage pointe(2.0�)from the 12ofs�Srest I have been paying <br /> for the reeadjng twelve months.�interest rate wUl aever be greater than �• <br /> My �ntereat rate wi 1 never be lower than 5.826�. <br /> (E)Etloctive Date oi Changes - <br /> My tsew fnterest rate wW beoome effective on each Change Date.Y wfli pay the amovnt of my new monshly <br />- payment beginniag on the first moathly puyment date after the Change Date until the amount of my montlily _ <br />