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0382 ADJUSTABLE RATE RIDER (I Year Treasury Index -Rate Craps) THIS ADJUSTABLE RATE RIDER is made this 2fith day of JunetP and is . into and shall be to a and supplement the M of Trust, or Security (the " ty ' ") of the same date given by the u (the "Borrower") to secure Borrower's Adjustable Rate Note (the "Note ") to JIM ASSOCIATION (W GRANO A N119RASKA _ (the "Lender) of the so= date and covering the ley described in the Security ttastrumcat and located at: East 2 � nd x12 ► t 1.5t 5 �e (Pry ) This note contains provisions allowing for cbmign In my Interest nft mul my paymeaft. This nata alse Noft the a t my InfewM rate can change at any am dim and xz _ she the inhalation mad *e maximums raft 1 most pay. ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the Security Instrument, grower and Lender further covenant and agree as follows: A. I RATE AND MONTHLY PAYMENT .CHANGES; The Note for an initial interest rate of _. . Section 4 of the Note provides for changes in the interest rate and the monthly payments. as follows: 4, INTEREST RATE AND MONTHLY PAYMENT CHANGES (A) tit Dace The interest rate 1 will pay may change on the first day of _.___ p JU 1 y E38 . and on ileac day emy Twelve months thereafter. Each date on which my interest rate could change is called a "Change Date." (R) 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 yr, as made available by the Federal Reserve Board. The most recent Index figure available as of the date 45 days before cach 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 Note Holder will give me notice of this choice. (C) Colamledon of Cbm"n Before each Change Date, the Note Holder will calculate my new interest rate by adding two & One half percentage points to the Current Index and rounding to the nearest 1 /9th of I %, 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 Holder will then determine the amount of the monthly payment that would be 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 Mthly payment. (D) Limles an Warm Rae Chomps The rate I am required to pay at the first Change Date will not be greater than % or less than 111611tiUll � i iii I i�� I �� 11,11 (XXXXXXxxxxx . The minimum interest rate on this loan will never be 14116 than and the maximum interest rate will never be greater than _ W Eftefiva Doe of Chomps My new hung rate wig become effective on each Change fate. I will pay the amount of my new monthly payment beginning on the first payment date after the CUW Date until the amount of my monthly payment changes again. (F) N+dee of Chomps The New Bolder will mail or deliver to trove a notice before each Change Date. The notice will advise me of: (i) the new interest raw on my loan as of the Change Date; <" (ii) the isimount of my mthly payment fallowing the Change Date, (d) any additional matters winch the Note Holder is required to disclose; and (iv) the address of the association you could contact regarding any questions about the adjustment notice.