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.,,..�.,..,..,.. y .d�;;;s�i''r�.:�.-x ., , . . . -, .. .,,: � . 11\Y!'+f��:. ' ' . .s �. _, e�,yJ/ 1 �._ ' :.�. . . .. ....:�Ill' :_ ". ._ _ ., ,-....____—_ � . .. . '_... .._ .....-.....-.�...... - • , ,y... .. _ _ _. � - .Ii3i��.-_. .-.- _' ........ .. .. . _ _"_ ._._ . . • ' 9 5-: a4�� ' ' ADJUST'ABLE RATE RIDER 20�2��se _ a�r�T,� �-�c�� — �rtnS�►n1uST,a►s�w�,TS tzm�e is mede�nis 18TH ,�y df SEPTEMBER . . 1995 �and is jncorporated into and shaU be damed to amcad�u►d suppletaent the Mortgage,Deed of Trust or Savriry Deed(tite"3ecurltY Inshumeat")of the same dau glven by the ur�eralgned(the'Banawer")o0 �.so.th.A+.�re►we�•c Adivatnhle RatE NMe(iha"Nc1te"1 tn TAi eQuiti�t� Buildino ind loin Asaocittiori af 8eeed tsl�nd, NtD��ak�, A F�d�rtT S�ving� 8tnk (the"Lender")of the same date and coveriag t�e property deaceibod fn tha S:cudty Instruntertt aad located at: 4/8 N CUSTER AVE tiRAND YSLAND� NEBRASKA 68803—�4223 [�P�nY��+1 THE NOTE CON7AINS PROVIStONS ALLOWINO FOR CHANaES IN 7HE INTEREST RATE AND THE MON'iHLY PAYMENT. THE NOTE UMlTS THE AMpUNT '1'HE . sORRONIER'S INTEREST RATE CAN CHAN�E AT ANY OH� TIMB AIMD THE . MAXIMUM RATE THE SORROWER MUST PAY. ADDTI'IO1V�I.COVENANTS.In eddltidn to the oovenants aad ag�emeats made in tha Securlty Iast�ument. � Botrower and Lendrr�r covenant and agrce as follows: A.II�lTg1tF,ST RA7'E AND MONTHLY PAYMENT CBANGES 1be Nou provides for an initial Imerest�ate�df 7.000 96.7`he Nate prnvides for chaages ls the interest iate and the montWY paYments.as foltows: � � . 4.1NTERE.4'i'RATE AND MONTHI.Y PAYMENT t;l�A1�iGES , . (A)Chapgb.�ates ' ' T6e intcresE rate I wW pay may char�ge oA the Rest day of OCTOB�R , 2000 . ;.aM oh that � day evary 12th month thereafter.Each date on which my intet+est caod c�utd chaage is cuUed a"C�ge Date." . . . (BD 7'�� . . � • •' Begim�in8 with tbe i�st Chuige Date. my Intenst rate will be based on an Iadex.'ll�e"Ldex."�s tlta weekl,y'► average yleld on Unia�d States Trwsury soauities a�jastod oo a oonstant m�wriry of 1 ye�r,aw made availeble by. tl�e Federal lteservo Hontd.The most reoent fndex l�gut�e avatleble�s of the date 45 days befote a�ch Ch#nge Datr� ts called the"Gtitrnnt Iadax." � if the Inde�c is ao longer available,dio Note Holder wlll choosa�pew L�dex which ia basad upon oompac�ble infom�tioa.�e Note Holder will give ma uotioe of this chola. � � (�Caicd�tFoa u4C� Hefore ach Gh�nge Due;ihe Note Halder wjll calculata my aew itftenest tate by adding 7Mq , PerosnteSe point(s)( 2.000 9G)to the G�urr.ent � � Index. 7�e Nou Holder wUl then round¢he result of this addition w the ncarest onaeighth of oae pe� � ` point(0.12396). SS�bject tn the Iimits statod in Sxtion 4(D)below.tt�is rounded amonnt will be my new idtenat rate i�ndl the neat Change DaLa. � 11b Nnte Holder wIll then detenaine tha amwmt of tho monthtY PaYment tlnt would ba suff ciaat w nqy tbe unp�id priticipd tlut I 8m expecteci w owe at the Change Data in full on the MaturIIty Date at my new incereat tate in subsuntiaily al�WY�ts.The result of this calculation will be the new amount of n�r monthlY WYmeflt. (D)Limits on Inta+�t�tate Chtnges 9.000 � The intenest rate I am rnquircd to pay at the Srst Change Data will not 6e g�eater than 96 �� 5.OOV �,�ere�ft�r.my iaterest rato wlll�ver be incmased or decreased on any single Ch�tnga Date by more d�an two peramege points(2.0�)from the rue of inten.st I i�sve bocn paying for the ng twclve montha:My inurest cate wiU never bo g�eater thva 12.000 �. My ntereat rate wi11 n�ver be lower than S.00Ox. (�)Et[edIve Aate ai Ch�o�ea ' - My new interest rete wiU bxome e�ffectivo on eacb Change Date. I wW pay the emouat of my new monthly pxyment beginning on the fi�st monthly paymsnt date after the Change Date until the amount of my monthly pxyment changes again. (b�NMloa o!C6an�ges The Note Holder wtll d.eJiver or mail w me a�ttce of a»y changes in rqy interest iate and the amount of my monthly payment before the effective date of any change.The notice wil!iaMude information roquitod by lew to be given me and also the tttle and telephone numlxr of a person who wlll enswer aay quesdon I may hsva � regaz+ding the notix. MtllT18TATE ADJUSTAaLB RATE R1DER•ARM B•8•Singie Famity•FannM M�IFi�ddie Mao Udhxm Insuunwm Ftxm 8111 8/86 ��ZA IY906i VM►MORTOAfi6 FORMB•10001621-J291 � RWtt�O on RrcYCNd P�r , �3