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In ADJUSTABLE RATE RIDER 85- 002696 (I Year Treasury Index•Rate Caps) THIS ADJUSTABLE RATE RIDER is made this ___;.Ili_day.f and is incorporated into and shall he donned " "Mild and supplement the Mortgage, Deed of Trust, 'n�") Of the 11"ne date given by the undallped (the . or unity (the "Security Borrower") to secure Borrower's Adjustable Rate Note (the "Note") to HOME Property described in the Security instrument Q located at: NEBRASKA "Lender") of the date and covering the 4318 Marion Road Grand Island NE 68 (PrOPenyAd This agglir mum" p►ie•islong offsearfull for ebo" in MY Infasor rate and my monthly PNYYAOmtl. This now also fludge the amount MY hillemit rate can chomp at say one dame madi Mine the ashoseram and the obtyAOMM MIS I least pay. ADDITIONAL COVENANTS. In addition to the Covent finthier covenant And alpree as follows: covenants and agreements made in the Security Instrument. Borrower and Lender A' 'NTUM RATE AND MONTHLY PAYMENT CHANGES The No" Provides for an initial interest rate of 9.5 Section 4 of the Note provides for changes in the interest rate and the Mont* Payments. as follows: 4- INTEREST RATE AND MoArTHL y pA yAfEArT CHANGES (A) chomp Dow The interest rate I Will Pay may change on the first day of _Jar 1 V 19 '96 -----U—mOnths thereafter. Each date on which my interest rate could change is called a "ChangeDate." , and on that day every (2) The Index Beginning with the first change Date, my interest rate will be based on an Index. The "Ind"" is the weekly average Yield on United States Treasury securities adjusted to 9 constant maturity of I year, as made available by the Federal Reserve Board. The most recent Ind" figure avoWkWe as of the date 45 days before each Change Date is called the "Current Index. •1 If the Index is no longer available, the Note Holder will choose a new Ind" which is based Upon comparable information. The Note Holder Will give me notice of this choice. (c) c*vkdm eir aw"n Before each Change Date, the Note Holder will calculate MY new interest rate by adding One & seven/eights poing's "AU-5—Loifli) to the Current Index and rounding to the nearest I /Sth of I %, subject to the limits stated in Section percentage 7793 rounded amount The Note Holder be my new interest rate until the next Change Date. n 4(D) below. r will that 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 agaount of my monthly payment. (D) Limits ou Nov" Raw Chang" The interest rate I am required t _LZJL:,4. Thereafter, my,., - pay 1-1 the first Change Date will not be greater than 11.50 or less than crat rate will never be increased or decreased on any single Change Date by more than 679 1bQ-"tQen t —ZL— from the rate of interest I have been Paying for the preceding twelve months. The minimum interest rate on this loan will never be ku than and the maximum interest rate will never be greater than 14,375 W) Effect(" Deft of Cis"m % My new interest rate will become effective on each Change Date. I will Pay the amount Of my new monthly Payment beginning on the first Monthly Payment date after the Chomp Date until the amount Of MY monthly Payment changes again. (F) No" of chomps The Note Holder will mrw OF deliver to me a notice before each Change Date. The notice will advise me of: (I) the new Interest rate On my loan as Of the Change Date; (H) the amount of my monthly Payment following the Change Date; (du) any additional Matters which The Note Holder is required to disclose; and (iv) the address or the association You could contact regarding any questions about the adjustment notice. L CHAWM- LIENS Uniform COvmnt4 of the Security instrument is amended to read as follows: 4. Cluslim, Use& Borrower "I pay an taxes, assessiments, and other charges, fine$, and impositions attributable to the Property which may gittialin & Priority Ova this Security Instrument, and leasehold Payments of ground rents, OF, if not Paid in such manna. by Borrower making p if any, in the Manner Provided under paragraph 2 hereof aYment, when due, directly to the Payee thereof. Borrower shall promptly furnish Lender an notices of amounts due under this POW11111*16111h, and in the event Borrower shall make Payment directly, Borrower shall Promptly furnish to Leader receipts evidencing such payments. Borrower shall Promptly discharge any lien which has priority over this Security Instrument; howlim, Borrower shall not be required to discharge any such lien so long as Borrower: (4) shall agree in writing to the payment of the Obh$Nti*u Secured by such Jim In the manna acceptable to Lender; (b) shelf in good faith contest such lien by, or defend against enforcement ) such We * legal PtOc"11111111 which In the Opinion of Leader operate to Prevent the enforcement of he lien or forfeiture of the Property Or any Port thereof'. or (C) NW secure from the holder or such lien an agreement In a form satisfactory to Leader subordinating such lien to Ill 4 is f Sociality rwiunww, If Leader dowminst that all of any part of the property is subject to a lien which May 81taill a priority over this Security Instrument, Lender "Iff give BWfOwff A notice Identifying such lien. Borrower shall satisfy such lien or take one or more of the actions set forth above within tou days Of the giving of the notice, C. NOT" Uniform(:OYMM 14 of the Security Instrument is amended to read as follow,,; 14- Ne"I", Fu'cW for any notice required under aPPlicill"It law 10 be given in another manner, Saw" Im"Furricat AW be liven by (feliveling it or by mailing 11 by firs) (a' any "01""' ") HoFF"Or V? ovidctl Itir :it this da%h mail 10 Borrower at the Property Addrem tir a, %uvIl as 1110flo1wer may dinagrarife by notice to 1-flidef as Provided herein, allot jbt killicl address lat"A stated hel"'M Of to rush other address nV110fioe 14, tender diall tv giveri by first cia,%,N maul 1(� I caticr*s 'krourity I"OffultIffil Otaill he domed to haves as Leta)" may ("Allate by notice to litar"" NS VIMILICLI flelCill been given to) Nor rower or Lender A be,, given ,a the nialluter dc"IiiiiAled herein