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-" ID03566 ADJUSTABLE RATE RIDER (I Yew Treasury Index-Raft Caps) THIS ADJUSTAK E RATE RIDER is made this _L6 t h day of T u? y . 1965 and is incorporated into and shall be deemed to and supplement the Mo Deed of Trust, or Security Deed ( e "Stx:tirtty Instrument") Of the saw date Sim by the undersigneti (the "Borrower") to secure Borrower's Adjustable Rate Nate (the "Note ") to HOME i LOdMVA980CIATION OF OPAND ISLAND NEBRASKA (the ,i=der,,) of the same date and covering the Y described in the Security Instrument and located at: 210 N. Piper #/11, Grand Island, Nebraska 68601 (Property Ae dross) T'W mile Contain Provisions snowing for changes in may mtffew rack mW my nwo y PSYMMU. This ■•k abe fte my intem, rate can change at any ease time and edn Ire Mbi� and the samimimm roe I mmmt pay. furdw COWL= Ai?MIONAL COVENANTS. In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender and agree as follows: A. MMWW RATE AND h#ONIHLV TAVIWI NT CHANGES The Note provides for an initial interest rate of 11 %. Section 4 of the Note provides for changes in the interest rate and the as follows: C I."1s7EIREST IRATE AND MONTHL Y P.9 YME14 T CHANGES (A) CMW ANer The inert rate I will pay may change on the first day of _ August 19 � � 12 mitts thereafter. Each date on which my interest rate could change is called a "Change Date_ , and on that day curry (W Tie let Beginning with the first Chang Date, my interest rate will be based on an Index. The "Index" is the weekly average yield on United States T AvIld" as rcmurY sectwities adjusted to a constant maturity of l year, as made available by the Federal Reserve Board_ The most recent Index figure Of the date 45 days before each Change Date is called the "Current Index." Holder If the Index is no longa available, the Note Holder will choose a new index which is based upon comparable information. The Note Will grve me notice of tim choice. Caiamlml w Of Cimmw Beware each Change Date, the Note holder will calculate my new interest rate by adding three Points ( Tins rounded amount 3 . Q %) to tie Current Index and rounding to the nearest 1 /8th of l %, subject to the limits stated in Section below will be my new interest rate until the next Change .Date. The Note Her will then determine the amount of the monthly payment that would be sufficient to repay in full the principal I am to Owe am that Change Deane in substantially equal payments by the maturity date at my new interest rate. The result of this calculation will be the new amount of ray monthly Payment. (D) IJmtir an Imspne ask iii — � rate I amt required to pay at the first Change Date will not be greater than i #/'n or less than %. Thereafter, my interest rate will never be increased or decreased on any single Change Date by more than two '— (2f) from the rate of interest I have been paying for the preceding twelve months. The minimum interest rate on this loan will never be im than • 5 % and the maximum interest rate will never be greater than I tt ero M Effeelive ®Me of Cia"m NY new interest rate will become effective on each Change Date. I will pay the amount of my new monthly monthly payment date after the Date until the amount of m monthly Payment Wing on the first Y Y Payment chances n.