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ADJUSTABLE RATE RIDER $$� OOi28 (I Year Treasury Index -Rate Caps) THIS ADJUSTABLE RATE RIDER is made this 91h day of march Ig 85 and is incorporated into and shall be deemed to amend and supplement the Mort Instrument ") of the same date given by the undersigned Sage Deed of Trust, or Security Deed (the "Security L SAVINflB i LOAN pined (tie ��er��) to secure Borrower's Adjustable Rate Note (the "Note ") to HOME ASSOCIATION OF GRAND ISLAND NEBRASKA (the "Lender ") of the same date and covering the Property described in the Security Instrument and located at: 315 West Koen.i Grand Island, Nebraska 68801 (Property Address) Tista o0ft Coate,= provision aYowhug for changes In my interest mot and my monthly payseaete' Thy Dole also limits the amouat my interest rote can change at any one time and alao the adahaaam 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. INTEREf RATE AND MONTHLY PAYMENT CHANGES The Note provides for an initial interest rate of 11.25 %. Section 4 of the Note provides for changes in the interest rate and the Mthly payments, as follows: 4. HVTEREST RATE AND MONTHL Y PA YMENT CHANGES (A) Omp Duty 71m mtsrest raft I will pay may change on the first day of April 19 86 12 months thereafter. Each date on which my interest rate could change nd on that day every anger is called a "Change mate." (2) 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 adjuatad to a constant maturity of 1 year, as made available by the Federal Reserve Board. The most recent Index figure av&0" as of the date 45 days before each Change Date is called the "Current Index." If the Index is Ito 10111W available, the Note Holder will choose a new index which is based upon comparable information. The Note Holder will give rile notice of this choice. (C) CdVAkdou of Chaagaa Before each Change Date, the Note Holder will calculate my new interest rate by adding ` h r PP percentage Points fi 3 . Q %) to the Current Index and rounding to the nearest 1 /Sth of 1 rte, subject to the limits stated in Section 4(D) below This counted &mos=t will be my new interest rate until the nett Change Date. The Note Holder will then determine the amount of the monthly payment that would be sufficient to repay in full the principal 1 am ewpMed to owe on Qat Change Date in substantially equal payments by the maturity date at my new interest rate. The result of this calculation will be the new t of my Monthly payment. (DI Li.lta M manner VAW Chugs SThee rate I am required to pay at the first Change Date will not be greater than 13 �� 9e or less than �• Thvaftef, my interest rate will never be increased or decreased on any single Change Date by more than two P e r o e n t 12. i_ fry the rate of interest 1 have been paying for the preceding twelve months. The minimum interest rate on this loan will never be lam than 9.-5% and the maximum interest rate will never be grater than _ 11 375 (E) E feerve Dade of Ches"aa My now interest rate will become effective on each Change Date. I will pay the amount of my new monthly payment date after the Chop Date until the amount of m monthly beginning on the first y Y payment changes again. (F) NoteYa of de=an The Noah Holder will rain or deliver tonne a notice before each Change Date, The notice will advise me of: (i) the now interest rue on my ban as of the Change Date, (h) the amount M toy monthly payment following the Change late; ('a) 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 Mine. 4 of the Security InsernmCn, is &WMXkd to read as follows: