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1 104466 ADJUSTABLE RATE LOAN RIDER F NOTICE. THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE, IN- CREASES IN THE INTEREST RATE WILL RESULT IN HIGHER PAYMENTS. i. DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS. This Rider is made this .. ?Rth . day of .:WY ......... .... . 19 8% .. , and is incorporated into and shall be deented to amencl and supplement the Mortgage, Deed of Trust, or peed to Secure Debt (the "Security Instru- meat ") of the same date given by she undersigned (the ' "Borrower ") to secure Borrower's Note to ............. . .. . The Fi... E tional Bankr (the "Lender ") of the same date (the "Note ") and covering the property described in the Security Instrument and locaftat ..., 2,04 North Pifer. N6r 9c.. and, 21Q .... PrWrtyAddtrsr Grand Island liebraska tams. 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 has an "Initial Interest Rate" of .1® :5 %. The Note interest rate may be increased or decreased on the 30th day of the month beginning on .. §91?tPmher, 3Q, , , . _. 19. , Q7, and on that day of the mouth every months thereafter. Changes in the interest rate arc governed by changes in an interest rate index called the " Index". The Index is the: (Check ors box to em kvie Index.I (1) CO "Contract Interest Rate, Purchase of Previously (kcupied Homes, National Average for all Major Types of Lenders" published by the Federal Home Loan Bank Board. (2) A• the .1.82. day. .Treasury..bil1. rate.,, .p? p;s no the Federal Reserve Bank ......................... ............................... IChwk ow box to i,dtawe whether there a anp maximum limit an clrnn s in the int€rest tore on m* Change Date; td rut box is checked tkrre will be no maximum limit on chimges.I (1) C. There is no maximum limit on changes in the interest rate at any Change Date. (2) X The interest rate cannot be changed by more than . R P. percentage points at any Change Date. If the interest rate changes, the amount of Borrower's monthly payments will change as provided in the Note. In- cream in the interest rate will result in higher payments. Decreases in the interest rate will result in lower payments. B. LOAN CHARGES It could be that the loan secured by the Security Instrument is subject to a law which sets maximum loan charges and that law is interpreted so that the interest or other loan charges collected or to be collected in connection with the loan would exceed permitted limits. If this is the case, then: (A) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit: and (B) any sums already collected from Borrower which exceed- ed permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. C. PRIOR LIENS If Lender determines that all or any part of the sums secured by this Security Instrument are subject to a lien which has priority over this Security Instrument, Lender may send Borrower a notice identifying that lien. Borrower shall promptly act with regard to that lien as provided in paragraph 4 of the Security Instrument or shall promptly secure an agreement in a form satisfactory to Lender subordinating that lien to this Security Instrument, D. TRANSFER OF THE PROPERTY If there is a transfer of the Property subject to paragraph 17 of the Security Instrument, Lender may require (1) an increase in the current Note interest rate, or (2) an increase in (or removal of) the limit on the amount of any one in- terest rate change (if there is a limit), or (3) a change in the Base Index figure, or all of these, as a condition of Lender's waiving the option to accelerate provided in paragraph 17. By signing this, Borrower agrees to all of the above. ea 'Aftb ,0 4 taus "' Aft'A ,. 0" l a rJed lSewveswr. rte:. 1 r.rAw WW serer (M w br fr, nit+ er r t4a r Naftm ww , r k ANWAM #A`N LO" i - pim wom mTmmxT NAROMS ' ;V %TtMS 1W.. Sr, CtWo, Vin, AALA