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85-- 004788 ADJUSTABLE RATE RIDER (I Year Treasury Index -Rate Caps) THIS ADJUSTABLE RATE RIDER is made this 30thdayof SPPtt?tIlb —e , 19-851-_ and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Security Deed (the "Security Itutrlmtent ") of the same date O� by the undersigned (the "Borrower') to secure Borrower's Adjustable Rate Note (the "Note") to HOME C)ATION OF GRAND ISLAND NEBRASKA (the "Lender ") of the same date and covering the property described in the security Instrument and located at: X21 Chantilly, Grand Island.NE a803 (Property Address) ThM Wore eoolafaa provhAm oNowing for changes In my interest rate and my rationthly paympb. T(Na cote aMo bmittc the amount my Interest rate can change Wt Way one tlaK and abo the mlYmi m sad the moo dmem rate 1 most 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. INTERESE RATE AND MONTHLY PAYMENT CHANGES The Note provides for an initial interest rate of Section 4 of the Note provides for changes in the interest rate and the monthly payments. as follows: 4. INTEREST RA T£ AND MO!v'THL Y PA YMENT CHANGE'S (A) CbMW Daka Q� Ig 86 and on that day every Tht jt)lerest rate 1 will pay may change on the first day of — 11LL months thereafter. Each date on which my interest rate could change is called a "Change Date." (a) The Willa Beginning with the first Change Date, my interest rate will be based on an Index. The "Index" is the weekly average yield on United tares 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 Indea is no Ionia 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. (C) CoksilWlloa of C SH$" Before each Change Date, the Note Holder will calculate my new interest rate by adding ___ect to thefli its stated ed in - --- percentage D) )l points ( 7)' sJs) to the Current index and rounding to the nearest 1/8th of 7 °e, subject to the limns stated in Section 4(U) blow. 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 he sufficient l t repay in full the Principe) I am expected to owe on that Change Date 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) tAnim a Irpars" Rate cdunge+ so less than The interest rate 1 am required to pay at the first Change Date will not be greater than _._12_ — or Fyarr nn 9s. Thereafter, my iniciest rate will never be increased or decreased on any single( hange Date by more than _ t 27 from the rate of interest I have been Paying for the preceding twelve months. The minimum interest rate can this loan will never he less than and the maximum interest rate will never be greater than. - -- - -e ®. (E) vAwdvt DWte of CMOstot My new interest rate will become affective on each Change Date. t will Pay the amount of my new monthly Payment beginning can the first monthly payment date after the Change Date until the amount of my munthly payment changes again. 0) Notles of CYWtyes The Note Holder will mail or deliver to MCA noun before each Change Date. 1'he nonce will advise mr oL (i) the new interest rare oat my loan as of the Change Dare; (ii) the u aount of my monthly payment following the Change Darr; (hi) any additional matters which the Note Holder is required to disclose; and tiv) the address of the association you could contact regarding any questions abrnn the adjustment notice. IL CHAg) AS'. LIENS Umform Covtnaot 4 of the Security Instrument is amended to read as follows: • CMepq tkoo. Borrower shall pay all taxes, aysessments, and other charges, fines, and impositions attributable to the Property which may &Itam s Priority over this Security Instrument, and leasehold payments of ground rents, if any, in the manner provided under paragraph 2 hereof or. if not paid in such mannet. by BortOwa making payment, when due, directly to the payee thereof. Borrower shall promptly furnish Lender all onitu es of amounts, due under this paragraph, and in the event Borrower shall make payment directly, Borrower shall promptly furnish to I.e ndir receipts evidencing such payments. Borrower shall promptly discharge any lien which has priority over this Security Instrument; how", Borrower shall not be required to discharge any such lien so long as Borrower: (a) shall agree in writing to the Payment of the obligation secured by such lien in the manner acceptable to Lender (b) shall in good faith contest such lien by, or defend against ci forc nteut of such lien in, legal proceedings which in the ()Pinion of fender operate ra Prevent the enforcement of the hen or forfeiture of the Property or any part thereof; or (c) shall secure from the holder of such lien an agreement in a form satisfactory to I ender subordinating such lien to rtes Security Instrument. If Lender detetmitrs that sit of any Part of the Property is euhjcct us a lien which fully attain a priority over this Security Invrnunetu. laid" shall give Borrowa a notice identifying such lien, Borrower shall yaunly obeli lien car take one car more of the actions set forth ;Iles +sa within tin days of the giving of the no %ice Umfurm Cmenam it ad the Securay Ills trumcoi is amcixtcd tot read gas follows: 14. Nestles. Except leer any route required under aPPlicabie law to he atven fit arrothct manner. I it arts entitle I.+ Iksnctwet prodded ttr: cat ih:v 'seearny Instrument thal) he given by dellveling tt ai by tuafl:ng it by first dam mad it, y,twvler at the Pngsetry lddre,s..t at 1101 ottie I addtr,- ss Brnrawer fray dr+tignate by noise to t ender as Pruveded hereuu. and IN any not... t.+ I ruder .hall IC g:.rn b, iu aas na:' :o I emir•' a4dttav slated hercut it iV 4ttain alien adchrsv as Lender may dcvranare by nnUcr to li at,. rr a ,`tav:dtd i r u .say n t .r Pt tt ir.7 lira n: th , tit() :Jetty tnAtr ttl ?tell shall tit dcefi.d f,., have h"" F;,r11 IV IfprwU a l r1Y lrr orb 1 gr l rat :I' n,an�r lr p,nd.e 1 f,rnul R