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ADJUSTABLE RATE RIDER (1 Year Treasury Index -Rate Caps) 85-002836 THIS ADJUSTABLE RATE RIDER is made this 13th day of Jt,r,e _ and is incorporated into and shall be deemed to amend and supplement 19 ppiement the Mortgage, of Trust, or Security Deed (the "Security Itetrtunrmt��) of sane date �° by "Borrower ") I undersigned (the to secure Borrower's Adjustable Rate Note (the "Note ") to HOME Tridl Orfz DRANO 18LAN0 NEBRASKA (the "Lender ") of the same date and covering the Property described in the Security Instrument std located at: 4212 Calvin Drive Grand Island NE 68801. (Property Address) This note contains provisleat anew'" tar Changes is my Interest rate and my meanly Payments. This note also bits the am at my interest rate can change at any one time and ahia the WhItimnm and the maxima rate I nut 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 --a- -5%. Section 4 of the Note provides for changes in the interest rate and the monthly Payments, as follows: 4. INTEREST RATE AND <VONTHL Y PAYMENT CHANGES (A) C lIagge Dates The interest rate I will Pay may change ore the first day of 7, , „ -12 --- months thereafter. Each date on which my interest rate could change is called a "Change Date. and on that day every (a) Thee Indent 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 I year, as made available by the Federal Reserve Board. The most recent Index figure available as of the date 45 days before each Change Date is called the "Current Index." If the Indent is no longer available, the Note Holder will choose a new index which is based upon comparable information. The Holder will give rare mice of this choice. Note (C) CakulWon of chm" Before each Change Date, the Note Holder will calculate my new interest rate b add' one and seven- eights points ( .! .875 Y � ,percentage �) to the Current Index and rounding to the nearest I /8th 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 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 substantial) equal Y q 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) Limits an Interest Rase Changes 3The interest rate I am required to pay at the first Change Date will not be greater than 11 . S ,75 176 Vie. Thereafter, my interest rate will never be increased than or decreased on any single Change Date by more than t o1 from the eau of interest 1 have been - w paying for the preceding twelve months. The e than 7 minimum interest rate on this loan will never be and the maximum interest rate will never be greater than (E) Effective Date of am"" 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 Change Date until the amount of my monthly Payment changes again. (F) Notice of Cheaaiges The Note Holder will mail or deliver to me a notice before each Change Date. The notice will advise me of: (f) the new interest rate on my loan as of the Change Date; (ii) the 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. hhl. CHARGES; LII;11tS Uniform Covenant 4 of the Security Instrument is amended to read as follows: 4. Cwrgss; Liens. Borrower shall Pay all taxes, assessment.%, and other charges, fines, and impositions attain attain a privity over this Security Instrument, and leasehold attributable to the Property which may if rant Payments of ground rents, if any, in the manner provided under Paragraph 2 hereof paid in such manner, by Borrower making payment, when due, directly to the Payee thereof. Borrower shall promptly furnish all notices of amounts due under this bender Paragraph, and in the event Borrower shall snake payment directly, Borrower shall promptly furnish to receipts evidencing such Payments. Borrower shall promptly discharge any lien which has however. priority over this Security Instrument; obligation Borrower shall not be required to discharge any such lien so long as Borrower: (a) shall agree in writing to the payment of the secured by such hen in the manner acceptable to Lender; 910 hen (b) shall in good faith contest such lien by, of defend against enforcement of in. legal proceedings which in the opinion of Lender operate to prevent the enfor ement of the lien or forfeiture of the Property Part thereof; Of (c) shell secure from the holder or any of such lien an agreement in a form satisfactory to Lender subordinating Security f t. g such lien to this Leader &W If Lender determines that All or any part of the Property is subject to a lien which may attain a priority over this Security Instrument, give rower a notice identifying such lien. Borrower shall satisfy such lien or take one or more of the actions set forth above within days of the giving of the notice. C. forts Covenant 14 of the Security Instrument is amcrKled to read as follows: 14- . Fftnt for any Mice required under applicable law ur be given in another mann er. la) any n<)ti� r to t3,xrower provided f +ar in this *cumY Instrument fl be by ivering it or by mailing it by first class mail to Borrt)wcr at the Prolrerty Address ur at srik:h 4nher address rc may des,r FrY �v to Lender as Provided y mated reins « r to %,*.h cue n 1ta yt ntBo address as tender may desienate by �„sver anderc> hdetei erctnDro,�eto�tarott, r )rcn�akl t.> l c nJet', ty I truer t d1 d' t4) have iretn given Io l �rrsr cr of I.rrider %ticu t ides) 11)r Ii) 1h, Aoveii In the mariner Oempiwref hrrrui