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<br />84 _ 006327
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<br />THISADJUSTABLERATERIDERismadetlJis 3rd day of December ,19...aL,
<br />and is inc:oI'ponKod illlO aDd shaD be deemed 10 amend and supplcmcnt the MortaaIe, Deed of Trust, or Deed to Secure Debt (the "SeaIrity
<br />JmtrumRt") of the _ date &ivai by the unckrsiped (Ihe "Borrower") to secure Borrower's AdjusCablc Rate Note to HOME FEDERAL
<br />MvtNGS I LOAN AISOCIATtON Of GRAND Ill.AND. NEBRASKA (the "Leadel") of the_date (the "Note")
<br />and rovcrina the property dac:ribed in the Security Instl'llttlel1t and located at:
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<br />112 West 14th. Grand Island, NE 68801
<br />(Property AddRsa)
<br />1lle Note ___ ~ .......ror dI8aea lit dae I...... me. If dae ....... me
<br />~, dae ...,..,...,. aMtIII7 ...,-- willie ....... If the ....... rate ---. dae
<br />Iten'oftf'. IIMIldIIy ...,-- will he lower.
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<br />ADJUSTABLE RATE RIDER
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<br />(I;) NtIdce ef~
<br />The Note Holder will nl8iI or ddivcr to me a notic:e before ClIdl Cllanae Date. The notic:e will advise me of:
<br />(i) tile _ illtemt rate 011 my loan lIS of the Chup Date;
<br />(ii) tile lIt!IOlIIIt of my IDOIlthIy payment followiDs tile CIIanae Date:
<br />(W) !lIlY lllkIitioHI_tm wbidl the Note Hold<< is required to <IiIdosc: and
<br />(iv) the tilJc aad tchphone n_bet of a pmOlI woo wiIl__ any quation I may have"""- the 8Oticc.
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<br />ADDmONAL COVENANTS. In addition to the covenant and aar-nts made in the So!curity ImtrUIlIeftt, ~and lAncIIr
<br />further co..-m and &pee lIS fol1ows:
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<br />A. INTERIST RAn: AND MONTHLY PA YMENTCHANGES
<br />The Note provides for an initial intereat rate of 12 . 5 _~. Section 4 of the Note provides for cIwlps in the iJIIerat tate atiiltIM:'
<br />montIIIy paymeou, as follows:
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<br />.. INTERESTRATEANDMONTHLYPAYMENTCHANGES . .., .,>,;
<br />(A) a-aeo.. . .,.' ,.<< .',
<br />The illtemt rate I will pay may c:haaae on the _ 1 s t day or F~brtla r}' ..:....-,19t8.5.2.; ....'
<br />on that day of the moat" fIVer)' 12 mooths thereafter, Eadl date on whidJ my intemt rate could clIanac is ellllccb"~
<br />
<br />(a) 'De....
<br />BccimtiDc with the lirst ChaDae Date. my interest rate win be based on an "1Ddex. .. The IRda is the wectIy avcnlIlC yiehlOIluei&tll
<br />Treuury securities adjllStCCl to a 00M1ant _lIrity of 1 ,..-s, as made available by theF....__ ..,-<.. .
<br />recent Inda: fiaure available as of 45 days hefore cacl1 ChaDae Date is eaIIId the "Cummt Jadclt." .. . . .....)>>fi,<'t.i"; ·
<br />If the Inda: is no Iooaer available, the Note Holder win cIIoose a _ index whidJ is based lIJlOlI eompltr8llle infclrmlcioL The Notelfalitll,<. ,
<br />will live me notic:e of Its choke.
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<br />(0 C..... 11I1Iaef~
<br />Before ClIdl Chanp Date, the Note Holder will cakuIate my _ illtemt rate by addin& thrpp I!. nnPlha 1 f _ III
<br />( 3~ lVI)tothe Currcotlndcll, aad rOlllldlna to the-.t 1/8". Thcsum will bemy_intemt rate. TheIllillllm8....
<br />011 tIIis ioIUl win be no !as thaa 1 0 lVI. The mulmum Ifttorcst rate 011 tIIis loan will be lliO _ tlIaa 1 Ii
<br />l'l>e Note HoIdcr will Ibm detcnItlnc the lIt!IOlIIIt of the IDOIIthly payment that would be suf'fideftt to I'qlIlY 1ft full tile priMipIIl....
<br />cxpeeh..<1 to owe on the ChaDae Date in substantially equal paymems by the _urity date at my _ intemt rate, Thc NIIIIt of dIia ui Mli.u
<br />will be t"'~ new _lit of my IDOIItbly payment.
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<br /><>>J I. \__ Dllteef ~
<br />My... 'lIteRSt rate will become effective 011 cacl1 ChaDae Dele. I wiD pay the amoum of my _1DOIlthIY ~
<br />montIIIy paya 1\t date after the ChaDae Date until the _lit of my montIIIy payment ehanpa apia.
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<br />.. CIIAIIGU; IJENI
<br />Uniform Covcoant 4 of dae SccIIrity Inst1'IImaIt is ~ to read lIS follows:
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<br />.. CJiIIrIII; u... Borrower shaD pay all lUeS. l1li1 IUR-., aad other l.'harees, n_ aad impoIitJoM attribulalllc to the PropIrtJ wtlidt mar
<br />lI&1IIin a prioriIJ _ tIIis SccIIrity I~t, aad lftMboId payments of srOUJld rem., if !lIlY. in tile _ provided 1mdIr........... 211m1of
<br />or, If not paW in 5IK:Il_. by.~ -AIIlIlnc payment, wbm due, dim:t.ly 10 the payee llmeof. Borrower" prompdy fIIrIlWt to
<br />l.-cIer all notice of lIt!IOlIIIts due lmder mil pIII'BITaplt, aad in the 4MIIt Borrower shaD make payment dim:t.Iy. Borrower .. prompdy
<br />l'\nWa to l.-cIer reeeitJts ev~ 5ud\ pllyment.. Borrower shaD J)l.omptly diaelwae any lien wbich bas priority _ dIia ~
<br />IMtII_Jlllllt: --.-.Borrower"ROt bef1lqllimlto ltiaelwae any such lien so Ions IUi Dorro_: (a)sblllI qmrln writlnt to the ~ of
<br />tile ~ __ by 5ud\ lien in a _ aa:eptallle to Lender; (b) shall in aood fllitll 00IICCIt 5ud\ lien by, or defmd.... ~
<br />of -"Iien!ft, hpI "0. J l.din,. wIdcII in the oplnioo of lAnder opefMC 10 pr4MIIt the omf_t of the lien or forfeiture of tile 'Property or
<br />., _ ..,; or (e) .. ~ from the holder of suclllien an aemmmu in a form satisf8dCltJ to ..... ~ sudllien to dIiI
<br />~I~.
<br />If Lender IIlIW (ill I' lhat tM cr an, l*1 of tile PlOJllll'1Y im subject 10 l\ lien wbidl may att. a priority over t!llt ~\ty 11l54~t. .....
<br />1IW Pw Borrower a RtIt," klomtlfYin8 sw:!I lien, Borr'.wer !lballllatiJfy "Idllien or lake OM or more of tilt lIctioM.. fonlt ~ witttlII tlUl
<br />.. of tile lIMflI of tht ~.
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<br />C. NO'I'1a.
<br />lJlljform C~ 14 of 1'- ~tKily IlIttfUmllflt Is ~ to read &Ii follow,:
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<br />M. ~. ~ fw MY not. feqwlfed WnMt llfl1'liQallle I4&w to be liv", in _hIK _, (_) 00)' lJ<)(/<:fI It. lilol'fo_ pr'~>vidfId 1m in thiS
<br />~y 1~!IbaII he lIi'llllll)' tkI$_utll it Of by Il'IlIiIlllc il by lint daM 1l'IlIi11" !km,_ al 111M! J>rOP\!fty AddNM Of III $Itlrh othIK 1Iddr_
<br />1M lliIm_ ~ ~lft!~ l>y fl<ltl<:<e I" tllllll4<t M p!:<)v'" ~fl. aoo (hI any notl;.~ t" tal.,' ~MlI ~ Ii"'" hy nrt>t d~ I'I1lIiI to Imdel',
<br />~ ~ hIK_ Of 10 _<:t, i.lIhol!!f ~_ll~ I ~ _y ~Ie by n...ti4.'e to !k"fO_ ,.. P"lV~ hetelll. All" ...."k~ l'f"~ fm In th..
<br />~rir Iht._ ~ l't~" W loa... hem ~I'm I(lliIonr_fl 0< (,_kr "'M" Ilhooln 1M _film <l<<iSl'MlIW Mrtln
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