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,�„ <br /> , `� . 4k=t.�ii� . •. _... . •.. _ <br /> Y � ��M:Ii11Li�.a_ ..__•-- <br /> �` '•r �::Ss#:_v .:. <br /> �r . ° - . . 'i� ffil\}:�1•.... r..«r�.r.n�.t�i"µ- - --�-' <br /> . __ _2.61�9F.°a� <br /> - _— _—. —--�___- �ws���a:�Z-�y--�,v.�_ _ <br /> w <br /> 8 5-� �.046l31 <br /> . _ <br /> AI�JUSTABLE R�ATE IaIUER = <br /> — tlYesrTreativry Inckx-RateCaps) 2002740� _ <br /> �9��IS ADJUS'iABL£RATE RIDBR is mside thfs 14TH �y of JULY � <br /> .and ie inoarponted into and shall be damed to nmend and supplement the Mortg�nge.Dood of <br /> Trust or Saurity O�oed(�he'Saudry Iastnunent")of the some dute given by the urtdersignod(tbe"Borrovrer")ta <br /> �nwe ' Ad Itate Notp the"Note" to <br /> �he�Ep�tioie 9u���ng n toio A�eoc�et�o� of Grand slano, Nebraske, A Federal Sev�ngs Benk <br /> (tho'Lendery of the same datr and aovedng the pmpeity descrlbed in the Secudty lasuument end locatad ut: <br /> 31 19 Y! 9 5TH ST GRAND YSLAND� NEBRASKA 68803�2426 <br /> (Prope+ty Addressl <br /> TFfE NOTE CONTAIN& PROVISIONS ALLOWINti FOR CHANQES IN THE INTEREST <br /> RATE AKD THE ��IONTHLY PAYMENT. THE NOTE UMIT$ THL AMOUNT THE <br /> BOBROVYER'S INTEREST RATE CAN CHANtiE AT ANY ON� TIME AND TNE <br /> MAXIMUM RATE Tfi�'30RROWEW MUST 4PAY. <br /> �1DDY7'lONAL COVENANi'3.In addIdon to the oovenstnts and agreements made ia the Sxudry Iasttument, <br /> Honower and L.e�er further eove�naitt and ag�ce as fol?awa: <br /> A.Ihl'1'EItFbT RI�ATE AND MONTm.Y PAYNIENT CHANGES <br /> '!Ue Nou provides for an in[taal taurest�ate of � • 8�5 4b.'liio Note pmvldes for cdangss in <br /> ttio i�ter.st rate and the monthly payrnents.as foUaws: <br /> 4.IIVTEREbT RA'lE ANll MOMHLY PAYMENT CHANGES <br /> t4?��sQstss - <br /> Tbe inurest nte I wIll pay magr diaage on the t7rst day of AUGUST � 2000 .aM on tLat <br /> day every 12th caonth therea�'tu.FBCb date on ahich my t�t rate oonld c6ange is�Ilad a'Cisange Date." <br /> (B)Tbe Intks <br /> Beginniqg w(th tbe first Gian$e Date. acy interast rate will be based on en Inde�c. '[he "Indea"ia the weekty <br /> average yidd on Uaited States Tr�.sury sewrldes edjusrod to a oo�tant mawrlty of 1 year.as made aerailable by <br /> tl�e Raderal Rasecve Baard.T'he a�t t+eoeat Indea�figun available as of the date 4S days befon each Change Due <br /> Iscalledtt�e"Cl�ment Index." <br /> I�the Iadea is ao longer avitla6le.tha Nate Holder wW choose a aew index whicL is ba5ed upoa eomparable ' <br /> Wor�a�adon.The Note Holder a[ll give me notix of this choia. <br /> (L�Calenl�Hon o�C6enga <br /> �sfone ach Q�ange Date.t6e Note Holder wUl culculate my new inurest rate by nddiag <br /> � P�n�B�Poinug)( 2.OQ0 96)W the Cunatt <br /> Lde�c.The Note Holder will thcn round the ns�ilt of this addition to th�nearest onCeighth of one peraeatage <br /> poias(0.17396).Subjxt to the limits smted in Sxtion 4(D)belaw,this munded amount will be my new intenst <br /> • rate iu►tll t6e aext CLange Dau. <br /> T6e Noto Holder aIll then deum�tne the amount of the iuonthly payment tLat would be suf�icimt w repay the <br /> unp�id priadpal that Y am exjxcted to owe at the Change Date W ft�ll on the Mawrity Date at my new intenst ratc <br /> ins�bstanthfiy cquat paymente.l'de result of tbia catculauon witt be the rtew ataoum of my awMhiy paymem. ° <br /> (�)Limits on Intse�st R�te Clangea <br /> The lntere.st�►te��reqniraci to pay at the first C�haage Date will not be gceater than 9•g2� 96 <br /> �I�ss than 5b.Thera�'ter.my interest rate�elll never be incnased or decreased on <br /> any singic�aange Date by n�oro than tv��i peroea�YU�e points (2.O�b)Fiom the rate of interest I i�ve been paying • � . <br /> i etv oa�n �t,r�nterest tate will ever be ter than �2•825 96, � <br /> �y���re��_l���e -W9 ll never be �ower t�an 5.625SK . <br /> (�Etiatjve II�ate of C�at�es • <br /> My Rew interest rate an'll become effective o�each Change Date. I�v�ll pay tha emount of my new mondily <br /> payment begirming on the�nt monthly payment date after the Change Date untIl the umount of my monthly <br /> psyment cha�es agein. <br /> (�Notke of C6u� =. <br /> 'C7�n AL�ea L7dAn��uilt�id ivae .v waoi�em m�o�wi.�nC env�1wmm in mu:ntaroct ntn mwl ttw nm�uine.�f w.v <br /> � ._....� ..... ... ........»......�........��._.�^y�._� .._...�.�_-� ..�� <br /> rnonthiy payinent before the effective date of eny change.The notdae wiU irtclude inforniation required by law W _ <br /> be glven ma and also the title and telephone number af a person who will answeg any question I may l�ave _ <br /> regaidIng the nodce. - <br /> 111ULZISTATB AOJU3TABlE RATE RiDER-ARM 6-2-Singte Family•FarmN IMaNFnddN Msc UBIam Inatrum�nt <br /> Fonn 3111 3l8S -. <br /> �$Y?JI I93C61 VMP NOHT(NG8 FOR►t8-IPA01821•7281 �printep cn Rer,yded p�ps <br /> •.�• � _ <br />