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ADJUSTABLE RATE RIDER 84 -- 008'169, THIS ADJUSTABLE RATE RIDER is made this 27~y of I:lf:lcEIli)er .. 19..!!-, and is _ shall be deemed to amend and ~ the Mortpte, Deed of Trull, or Deed to Secure Debt (the "Scaldtyl 0( tile SlUM date Jivell by the u~ (the "Borrower") to secure Borrower'.s MjuslabIe Rate Note to. Gatelilll1LY Biirit and Trust C1c:IlPilnY . . (die "lader") 0( the SlUM date (the "Note'') and cover1111 t-be property described in tbe SeCur;!y I~_. f504. 109 North lDcu8t Street, Grand Island, Nebraska 68801 "'-- The Note COIallta provisiona .aowang for dtangea 1ft the mterMt rate ft'WJ r-r. It the ............. 1ft., CftI..... ...1Iorrower'. monthly payments" be. hlgher. It the........ rate deCr...... ...8en'o...... monthly ......* .. be lower. . .. ADDnl01'iALCOVENANTS. In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender funher covenant and agree as follows: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Note provides for an initial interest rate of 12.75 370. Section 4 of the ~ote provides for chanles in the interest rate and tbe momhly payments. as follows: ".. INTEIlEST RATE AND MONTHLY PAYMENT CHANGES (A) CIumIe Daea The interest rate I will y may E.hangeonl.~eJirst.~.t~L~L .January , l~~ and n t t thereafter. Each date on which my interest rate could challle is caUed a "Change Date." (II) TM IMa DqinniRl with the first Change Date, my interest rate will be based on an Index. The "Index" is the weekly averqe yield on United States Treasury securities adj;usted to a constant maturity of 1 year, as made available by the Federal Reserve Board. The most recent Index figure available as of the date 45 days before each Chanse Date 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 HoWer willlJ,ive me notice of this choice. ((;) Caklllatioll of CIwIps Before each Chanrt Date. the Note Holder will calculate my n~w snterest flue by adding tNo and ooe-hal _ percentage points ( . %) to the Curremlndex. The Note Holder willtheB round the teSuh of this addition to the nearest one--eighth of one percentage point (0.125%). This rounded amount will be my new interest rate until the nelll Chanse Date. The Note Holder will then determine lhe amount of the monthly pa)'ment thaI would be sufficient to repay the unpaid principal ~ of my loan I am expected to owe on the Change Date in full on the maturity date at my new interest rate in substantialy equI paymmu. The result of tltis calculation is called Ihe "Full Pa)'mem Amount", lInd it will be Ihe neW amount of my monthly ~. MI~jcct to subsectloo (D) below. (I>> u.iU .. ....... .. CIuII!IIft. 'The me of iaterest I _ required to pay snllllne\'er be increaloCd or decreased on any sinJ-le Interest Chuse Date by more lhan _5_. from the flue of interest I have been paying for the preceding twelve months. My interest rate also sbaU never be ~liwI 15.95 %. . tE) ~ DMe of C....... My ~ interest rllte will become effective 011 each Change Date, I will pay the amount of my new monthly Pll)-men1 beainning Oft dw fwst ~ paymenl date afle'! lhe Change Dale until the amounl of my monthly payment chanses .11. ., Nofiee of CIwIps The Note ~l will mail 01 deliver to me II notice of any changes in lhe amount of Ill)' monthly payment before the effective date of ImY e~, The noti..-.e will include information required by law to be given me and also the title and tekpbone number of a ~ who willllMWer lUty quetlions I may have reprdin,lhe MIke." ~ ARM -- 1 YOf \\'.......1 Pll1YlINI1l (~ap, Willi AdjuitIMal to Atljmmnl Raw (:ap aDd Rate (:JIlt (her Life. _ "'1'01'" ._ I_E_~ L L L u ..J ..J