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M. 003313 ADJUSTABLE RATE RIDER (I Year Treasury Index -Rate Capsl THIS ADJUSTABLE RATE RIDER is trade this 5th day of -71 11 y , 19 R_, and is Moorporated into and shall be deemed to Amend and supplement the Mortgage. Deed of Trust, or Security Dead (the "Security lmwjnn n ") of the sax date given by the undersigned (the "Borrowav ") to secure Borrower's Adjustable Rut Note (the '•Note• •) to MOMS SAYINGS A LOAN ASSOMTION OF GK*AD ISLAND NENMSKA ( the "Leader ") of the sane date and covering the Property described in tie Sectvtty Instrument and located at: 303 lakeside Drive, Grand Island, Nebraska 68801 (Property Address) TYs note cearlaio provfsior Mewing far, claws in my hitereat rate wall my meleft Paa7msnes• This note also Ikalq tie amemp my Imlerest row can cheap at any one line sad also Ne minlssm and Ne tnaadmat nps I neat pay. ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the Security Instrument. Borrower and Lender fmdter COWMAN and rove as follows: A. INTIli11 W RATE AND MONTHLY PAYMENT CHANGER The Nate provides for an initial interest rate of q 5 _gat, Section 4 of the Note provides for changes in the interest rate and the Monthly pays. as fogs: 4. 1. FOREST RATE AND MONTHLY PAYMENT CHANGES (A) CbMW Daum The intamt rue I will pay may change on the first day of ._August 19 86 12 and on that day every months thereafter. Each date on which my interest rate could change is called a "Change Date." (!N The Lim Bergianing with the first Change Date, my interest rue will be based on an Index. The 'Index" is the weekly average yield on United States Treasury saariiim adjusted to a constant maturity of I year, as made available by the Federal Reserve Board. The most recent Index figure avW" as of the date 45 days before each Change Date is called the "Current Index." If the Imdot is ate longer available, the Note Holder will choose a new index which is based upon comparable information. The Note Holder will glue erne notion of this choice. (Q Cakdadeat of Ciwes Sefone ouch Change fate, the Noe Holder will ukulate my new interest rate by addingt lj R hr - phi_ percentage Points ( 7 375 yr) to the Current Ind" and rounding to the nearest ligth of I %. subject to the limits stated in Section. 44D) 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 1 am expected to owe on that Change late in substantially equal 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) I,i" on Lnaaml able Chaaages The interest rate I am required to pay at the first Change Date will not be greater than 1 i .�qy or less than Thereafter. my interest rate will never be increased or decreased on an y single Change Date by more han from the rat of interest 1 have been paying for the preceding twelve months. The minimum interest rate on t this loan will never be lees tl" —E. Z:x__ _ t►s And the maximum interest rate will never be greater than 1,41 _ '71j (E) Bffaetive Dues of chatgw My new interest not will become effective on each Change Date. 1 will pay the amount of my new monthly payment beginning on the first MOMIdY Payment date after the Change pate until the amount of my monthly payment changes again. (F) N"M of Chatters The Nate Holder wig =W or deliver to me a notice before each Change Date. The notice will advise the of: G) the new interest ram on my Joan as of the Change Date; (ii) the amount of my momJtly Payment following the Change pate; (Iii) any Additional matters which the Noe Hodder is required to disclose; and (iv) th, address of the association you could contact regardu* any questions about the adjustment notice. IL CUMMM f. Uflifg- C— 4 of the Security Instrument is amended to read as follows: C. Lhisfarrin C' 14 of the Security I"Krwuwnl is amended to read as fotlowt; K lltodN: for any required bk law to he given in amnhet mannev pal sty rums r ry lklttowet be tIt&,11 It f,.r us this by 4ehvert� n w by it by fraat class mail 4, flssrr € >wer at the fn,�rty AdAresv c =r at .�adr s.r, err addtres as affre" MAY in n vlktf acv Lquilre At Ieovldeicl herein. and (bi anv notice tt� I.OD&T ,hall N, xt4ers ht !u,i ),,, mad to I vide, 's ssatd €v � o +efit!dreaa at l.eaecifrr tray:tesagnate b1 nc>t�s'r sn tycsrruaea as penes t4favi trcre+rs any rseiU,e u,,,,�kc�l t,f iftwmv ;fit sec: Iava hn given 9aa �astwet ixt i ;uzh,s 1_endsv wtaetr gnerz rc� the rrtanrac? tfes,enarr.i hcreia