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Loan No.......64Q96- .1- .1.Q.... ADJUSTABLE NEW RATE LOAN RIDER 85- 0029'7' NOTICE: THE SECURITY INSTRUMENT SECURES A CONTAINS A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE. IN- CREASES IN THE INTEREST RATE WILL RESULT IN HIGHER PAYMENTS. DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS. This Rider is made this ...... 1'gt-h ... _ .. day of ...... June in incorporated into and shall be deemed to amend and supplement the .1lortgage, Deed of Trust, 8or Deed (the "Security Instrument ") to Secure of the same date given by the undersigned (the "Borrower" o Debt ... r's��sF e3 er3 ) t secure Bor- Saviai s and - - -- c - t -- ----- ------------------ - ----- --- -- - - - -- ----- ------- - - - - -- ------------------ t;. Association of - - - -- Lincoln, a United St_at_es eor PQrattiQa. (the "Lender ") of the same date (the "Note ") -" and covering the property described in the Security Instru- ment and located at ... 2032 North Sherman ---------------- - - - - -- ------------------- Gr and _ - Island,-- Nebraska._6 01 - - - -- ..... Property Address MODIFICATIONS. In addition to the covenants and agreements made in the Security I ' rower and Lender further covenant and agree as follows: Y nstrument, Bor- L INTEREST RATE AND MONTHLY PAYMENT CHANGE DATES The Note has an "Initial Interest Rate" of .......�� -x_750 cJo Interest rate changes may occur on the 1 �day o f August 86 1st day of ._......_.. Nov_e_ mber , 19.- and t 19" _ .....- on e and on to 1st day of . February 8 and on the 1st day of ...... May ' 19 - - - :- .. and on those dates of those months in every Year thereafter. Each date on which the rate of interest may change will be called a "Rate Change Changes in principal and interest Dateh payments to adjust amortization of the loan to corr spo interest rate changes shall be made on the 1st day of . _.... correspond --- AU9us-t �' ........... ... .. 19..86 .................... year(s) thereafter. Each date on which the principal and interest payment may change will be called a "Payment Change Date ". ay 2. INTEREST RATE CHANGES (A) The Index Beginning with the first rate change date, my interest rate will be based on an index. The "Index" is the: (check one box to indicate Index) (1) L7_ "Contract Interest Rate, Purchase of Previously Occupied Homes, National Average for all Major Types of Lenders" published by the Federal Home Loan Bank Board. (2) [X - Monthly average yield on U.S. Treasur" Securities adjusted to a constant Y ...........I.... maturity of 1 year pu lished b the Federal Reserve Board. _ ............ ............................... . r he most recent Index figure available as of the date 15 days before each Rate Change Date and 45 days before each Payment 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 change. (B) Calculation of Changes Before each Rate Change Date or Payment Change Date the Note Holder will calculate ally ll()%V interest rate by adding -------- ?45 .... .. percentage 2 45p , g points (..... �......... .�,) to the Current. Index. The lY'tilrltti of this addition will be my new interest rate until the next Rate Change Date or Payment Change I�atej On each Payment Change Date, the Notre Holder will then determine the amount. of the rllontilly Payment that would he sufficient to repay the unpaid principal balance of my loan I am exPfg,,ted to owt: oil the Payment Change Date in full on the maturity date at my new interest rate in :substantially equal pay- merits. The result of this calculation will be the amount 1 of illy new principal arld interest. any next Payment Change Data. payment until (Check box(s) ) (1) 1.1 If this box is checked, there will be no rnaaxinurnl limit oil changer: in the interest rate ull or down. The interest rate as calculated under Section :' (13) will be the Flew interest rate. (2) 110 If this box is checked, the interest: rate that. I pay :shale percentage points on any Payment Change Date, not increase More than 100 L If this box is cheeped, the interest, rate that l pay slaall Flut rlecr��a�� naurc, th,rn . , 1pp percentage points on an Payment Chang, Date. (`I) U If this box is ehecka d, the intere,t rat�_� that. I pray tihtall n.at irrcre�a r ua, >rc thr -aFl Percentage faints on any Rate C ilango Date. 'RWI, $ /M4)