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ADJUSTABLE RATE RIDER $$-- 102848 (1 Year Treasury Indcx•Rate Caps) THIS ADJUSTABLE RATE RIDER is made this 2nd day of June '19 do and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Security Deed (the "Security Instrument") of the some date given by the undersigned (the "Borrower ") to secure Borrower's Adjustable Rate Note (the "Note ") to HOME FEDERAL SAVirlGS & LOAN ASSOCIATION OF GRAND ISLAND NEBRASKA (the "Lender ") of the same date and covering the property described in the Security instrument and located at: 2530 St. Patrick Ave., Grand Island, NE 68803 (Property Address) This note contains provisinas allowing for changes in my Interest rate and my monthly payments. This note also limits the amount my Interest rate can change at any one time and also the minimum and the maximum rate I must pay. ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree as follows: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Note provides for an initial interest rate of.. 9.5 ___Wo. Section 4 of the Note provides for changes in the interest rate and the monthly payments, as follows: 4. INTEREST RATE AND MON7711. Y PA YMEN'T CHANGES (At Change Dates The interest rate i will pay may change on the first day of .__ . J ujy_ __ __ , 19 69 and on that day every 1 _ months thereafter. Each date on which my interest rate could change is called a "Change Date." (B) The index Beginning with the first Change Date, my interest rate will be based on an Index. The "Index" is the weekly average yield on United States Treasury securities adjusted to a constant maturity of 1 year, as made available by the Federal Reserve Board. The most recent Index figure available us of the date 45 days before each Change Date is called the "Current Index." If the Index is no longer available, the Note Holder will choose a new index which is based upon comparable information. The Nate Helder will give etc notice of this choice. (C) (calculation of Changes Before each Change Date, the Note Holder will calculate my new intcresIIrft4c by adding tj1) Pe 8 Drat= —half percentage polio% - 51 __°'s) to the Current Index and rounding to the nearesOQr()t* of 1%, subject to the limits stated in Section 4(D) below. This rounded amount will be my new interest rate until the next Change Date. The Note Holdcr will then determine the amount of the monthly payment that would he sufficient to repay in full the principal I .am expected to owe on that Change Date in substantially equal payments by the maturity date at my new interest rate. The result of this calculation will be the new amount of my monthly payment. (D) Llmlts un lnteresl Rate Clutages The interest rate 1 am required to pay at tlu tint Change Date will not be rcntDr than fourteen & cqe —�t f u► I sal ac x,wxx e> xxxa�►w cox ras�c tas�x �� li x AXX xk' Sc XxXXaCXXXXYX�ftl (diXUh)f)!tl(ffiGlldF)) Eta (+XJI>tt�i){�(i6Y11t�aifiirixe� 7 minimum interest rate on this loan will niter be Ins than 1i and the maximum interest rate will never he greaterr than Dios (El Effective Date of Changes My new interest late will become effective on each Change Date. I will pay the amount of my new monthly payment beginning on [tic first mumbly payment date after the Change Date until the amount of my monthly payment changes again. (F) Notice of Changet. The Note Holder will marl or deliver torte a notice bel'oreeach Change Date. The notice will advise me of: (i) the new interest ratcon my loan as of the Change Daic; (it) Itic amount of my monthly payment following the Change Date; (iii) any additional matters which the Note Holder is required to disclose; and (Iv) the address of the association you could contact regarding any questions about the adjustment notice. B. CHARGES: LIENS Uniform Covenant 4 of the Security Instrument is amended to read as follows: 4. Charges: Cheri. Borrower shall pay all taxes, assessments, and other charge, fines, and impositions attributable to the Property which may attain a priority over this Security instrument, and leasehold payments of ground rents, if any, in the manner provided under paragraph 2 itetcof or, if not paid in such manner, by Borrower making payment, when due, directly to the payee thereof. Borrower shall promptly furnish Lender all notices of amounts due under this paragraph, and in the event Borrower shall make payment directly, Borrower shall promptly furnish to Lender receipts evidencing such payments. Borrower shall promptly discharge any lien which has priority over this Security Instrument; however, Borrower shall not be required to discharge any such lien so long as Borrower: (a) shall agree in writing to the payment of the obligation secured by such lien in the manner acceptable to Lender; (b) shall in good faith contest such lien by, or defend against enforcement of such lien in, legal pra:cedings which in the opinion of lender operate to prevent the enforcement of the hen or forfeiture of the Property or any part thereof: or (c) shall secure front the holder of such lien an agreement in a form satisfactory to (..ender subordinating such lien to this Security Instrument. If Lender dcternnines dint all or any purl of the Property is subject to a lien which may attain a priority over this Security Instrument, l.,cnder shall give Borrower is notice identifying such lien. Borrower shall satisfy such lien or take one or more of the actions set forth above within ten days of the giving of the notice. N(mcl: t'riiforrn Covenant 14 of the Security Instrument is attended to rend as follows 14. Notice, 1.'.x1ept f(rr any nonce ri+rfuhcd under applicable law to be given In another manner, la) any notice to lltntosver pimided fen ut this Security instrument shall be given try dclivefing it or by mailing it by firsf class mail to Borrower ill the Property Addins of at such other address as N'trower nuiy designate Ivy nolke to Lender is provided herein, and (b) any notice to Lender shill] tee given by first Class mail to I enders rtatdrrit stated herein ,n (0 cuc)r other address as I.,cnder tiny designate by notice to lfortowcr ns pro%itlyd herein +ins mitre pros ivied h +r m (Ills Savurily losirutrrrnt 01,111 Isr (kcmed t6 ))Ave been River! to lormwer or (,.ender when given m ter uuanncr drugnaual harm