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:u�PL# 001-5101301� s A.DJUSTABL� ��`TE RII�ER eg5—�n'7�� 'TH1S AD)USTABI.E RATE RIDER is made this loTH �y og xOVEirIDER , 1995 .and is incorporated ins�and shall be dee�r:ed to amen�d and suppleme�c the Mortgage,Deed of'�nisi or Security Deed(the"Security Instrument") of the same daLe givtx► by the undersigned (the "Bonnwer'� tta� sec�re Bornowes's Adjustable R.ate Note (the "Note")to � 4 HOME F'F..DSRAI, SAVIPIGS & IAAN ASSOCI�ITION OF GRAND I�LX►TlD (the"Lender")of the sarr.e date and covering the praperty descnibed an the Securiry Instrument and located at: 208 SOUTH CfiBRRY GRAND ISLAND, I3$BRA.SKA 68P�1 � ' [ProQarty Addres�j ' THIS NOTE CONTAINS PItOVISIONS ALLOWING FUR CHANGES IlV MY IlV'Y'EREST RATE AND MY MONTHLF PAYMENT. INCREASk'S IN THE INTEREST RATE WII.L RESUI.T IN HIGHER PAYME�ITS. DECREASES IN THE INTERE.ST RATE V�ILL RFSULT IN LOWER PAYMENTS. � ADDITYONA�,COVENANTS. In addition to the covenants and agreements made in the Security Inswment, Borrower and L.ender further c�venant and agrce as follows: A.INTERFST RATE AND MaNTHLY PAYMEN'1 CHANGFS The Note pmvides for ar. ir,rtial interest rate of �•�5 m 9b. The Note provides for changes in t3r� interc..�t rate and the manthly payments�as follows: 4.INTF,REST";?ATE AND 1�fONTHLY PAYMENT CHANGFS ' (A)C6ange I�ates 'It�e interest rate I wili pay may c�ange on the fust day of DECEP�BE:R 200� ,and on that day every 12T1-� month thereaf�er.Each�:.ate on which my interest rate could change is caIleci a"�hange Date." (B)The Index Beginning with the first Change Date,my interest rate will be e��ed on an Index.The"Index"is: THE FI�EKLY AVERAGE YIET�D ON LTNZTED STAT}3S TRF�ASUR�Y SECURITIES AATt3STED TO A CONSTANT NWTURITY OF I YEAR, AS MADE AVAILABLE BY THE �EDERAI� R�SERVE BOART�. The most rscent Index figure availabte as of the dat�: 0 45 days ❑ t�fore e�h Change Date is ca�l1$d the"C�i Inde:.." If the Index is no longer available,the Note Holder will chodse a ne�+irtidex that is based upon comparable inforn�ati��. The riote Holder will give me notice of tt�is choic,e. (C)Cakulation oi'Changes Before each Change Dat�e,Ehe Note Holder�a+ill calcu�ate my new interest rate by adding TWO AND THItEE QUAR:ERS p�n�e pp��(s) ( 2.750 96) to the Cwrent Index. The Note Holder will thern round the result of this addition tn the xt Nearest � Next Highest Q Ne,xt Lowest ONE EZGHTH � .145 ��, Subject to the limits st�ted in Section 4{D) below, this round�d amaunt will be my new ir�tatst rate until the ne�ct Change Bat.e. Ttse Note Holder will then dctermine the amow�t of the rnonthly payment that would be sufficient to rq�ay the unpaid prin�ipai thai. s am expected w owe st the Change Date in full on thp mata�rity date�i my new inea�est rate in suhstantially equa!payment�.The resuIt of this calculation wili be the new amount of my monthly payrnent (D)Limits on Interest Rr�te'�h�nges Ple.ase check appropriaee bous;if no box is ehecked,th��e will be no maxineum lWnit on ehanges.) (1)'I'here will be no maximum limit on inter°.,st raie changes. � (2)The interest rate I am required to pay at the furstt Cl�ge Date will not be greata than 9.7 5 o g�, or less than 5.7 5 0 �,, 0(3)My interest rate will never be increased or dec�sed on any single ChanBe Date by more than z�wo ��xcEx�r pzxcencage po;nc(s) ( 2.o00 �6) from c�e raze of interrst I have been paying fer the preced'ang period. �(4)My int�aest rate v�iIi never be greaier than 12.7 5 0 `76,which is Celled the"IV�aximum RaLe." TH8 "MINIMUM RATTs" WILL NEVER BE LESS T'�iAN 5.750�. NiULTiSTATE AQJIlSTABIE RATE HIDER- SinQte Family e/9� Pap�1 ot 2 ��-899Q(94Q8) VYP MORTOA(3E Fai'�iS•(B00)52/•729t ' ,i j.:i : Inlf{�t�:_ ■ _ _