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g` ADJUSTABLE RATE LOAN RIDER NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CON- TAINS A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE. INCREASES IN THE INTEREST RATE WILL RESULT IN HIGHER PAYMENTS, DECREASES IN THE INTEREST RATE MAY RESULT IN LOWER PAYMENTS. This Rider is made this jfth — day of------ and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt (the "Security Instrument") of the same date given by the undersigned (the "Borrower") to secure Borrower's Note to THE EQUITABLE BUILDING AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA (the "Lender") of the same date (the "Note") and covering the property described in the Security Instrument and located at rtv Address MODIFICATIONS. In addition to the convenants and agreements made in the Security Instrument, Bor- rower and Lender further covenant and agree as follows: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES: The Note has an initial interest rate of ]F monthly payment as follows: T . The Note provides for changes in the interest rate and the (I I Rate Change Dates and Frequency Thereof: Beginning in 19, 66 change in the of the month,-------Apqqqt__ . the rate of interest I must pay may , � I i N1 onth After Closing Month), and ' that day every---12,,_._, on a "Rate Change Date." __months thereafter. Each date on which the rate of interest could change is called (2) The Index: Any changes in the rate of interest will be based on an Index. The "Index'* is X the Monthly Average Yield on United States Treasury securities adjusted to a constant maturity of ___X _1 year years 6 months years as made available by the Federal Reserve- Board. or . - the Na- tional Monthly Median Cost of Funds (annualized; to FSLIC Insured Savings and Loan Associations, as made available by the Federal Home bran Bank Board. iCheck only one box.) The first Index figure for this Note is.!�..14 -- , c' It is called the "Original Index.** Tice most recently available Index figure as of 45 days before each Rate change 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 choice, (3) Calculation of Changes: Before each Change Date. the Note Ifolder will determine any change in m% rate of interest. The Note Holder will calculate jjj�, new interest rate by add'ing-,2 to the Current Index and rounding the result to then oints e nearest oneighth of one percentage point, (0.125�7r). This rounded amount will be the new rate ref interest I am required to pay. The maximum interest rate I will ite required to paN, (tn this The x, required to pa%- on this loan will he no less than 9 minimum interest rate I will i loan will be no more than 15 The Note Holder will then determine the new amount of my Morithiv payment which would he sufficient to repay the outstanding principal balance in full On the maturity (late at my new rate of interest in substantially equal payments. The result of this calculati(),n Is called the "Full Payne * monthly payment, nt" and will be the new amount of my' PROVISION -AW applicable only if this box is checke(j. (4) "'I"'t on Interest Rate IncremiewThe rate of interest I ani requiretj to, pay shall decre",A On any single Rate Change Date by more than from the i,ateof' never be increased or interest I here been paying. a' Effective Date of Changes: The new rate of interest will 1"'corriv effective on each Rate (7hange Date. I Will ID}' the new amount of my monthly payment each month Iv ginning on the first m(.onthly nt date after the Rate Change Date - I)aynw the loan. until the amount of my rylollthjY jja,N!nent 1" again changed, or I ha%v fuliv n1mid