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ADJUSTABLE RATE RIDER 84 -. 006'"18"1 THIS ADJUSTABLE RATE RIDER is made this ~day of !:leloeIltler. .. 19M.-..and is i~>~ and sball be deemed to amend aad supplement tbe Mort~, oOed of Trust. or Deed to Secure Debt (the "Security blllltl~;:) of the same date given by the undeniped (the "Borrower") to secure Borrower'.s Adjustable ltatc Note to . GateNav Bank ani Trust CCIl'PmY . (the "Leader") of the same date (the "Note") and coverins the property described in the security ItUtJ'UmCRtaad~"t .706, 109 North rooust, Grand Islarid, Nebruka 68101. l"-'Y ~ The Note contains ~s eltowlng for ch8ngM In the Intereet nde every,..,. "the .........rate. crw..... the Borrow..... monthly peymenta will be. higher. " the InteNat nde deCrI..... the 8omI.wer's mamhly peymenta wit! be tow.... . .. ADDn1ON.UCOvt:NANTS. In addition to the covenams and agreements made in the Security Instrument. Borrower and Lmder fW'ther covenant and alree as follows: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Nme provides for an initial interest rate of 12.75 lIla. Section 4 of the Note provides for chanles in the interest rate and the monthly payments, as follows: "4. I)'to1T1REST R.4TE AND MONTUU' PAYMENT CHANGES \A) CUntc Olttes ~___._____...___~ll!!~~_rate I will pay may change on..!..~ first day of ~_ ' 19~. and on that day every 12th montll thereafter. Eacb date on which my interest rate could change Is called a ".Change-Dare."--- QI) 1M IHu Bq;iMilli with the fiTS! Change Date, my interest rate will be based on an Index. The "Index" is the weekly averaje yield on United States Treasury securities adjusted to a constant maturity of I year. as made available by the Federal Reserve Board. The mou ream Index fiture available as of the date 45 days before each Change 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 Holder will Jive me nOlice of this choice. (C) CaItIIIadll. .. C...... Before each Change Date, the Note Holder will calculate my new interest rate by adding bID aBi one-half __ percentage points (2.5 ~) to the Current Index. The Note Holder willlhen nmad the result of thu addition 10 the nearesl one-eighlh of one percentage point (0.125l1la). This rounded amount will be my new interai rMe until the Dext Change Date. _ . The Note Holder will then determine the amount of the monthly payment that would be sufficient to Tepay lhe unpaid principal ~ of my IOU! I am expected 10 owe on the Chanlle Date in full on the maturity date at my new interest rMe in substantially equal payments. The resull of this calcuhuion is called the "Full Payment Amount". and iI will be the new amount of my monthly paymmt. subj<<t to subsection (0) below. (I>> LiIIIits .. I...... Rate CIuIaats. TM rate of internt I am I'eqwred 10 pay shall never be increased or decreased on any single Interest Chance Date by more than _ 5 from the rate of interest I have been paying for the pre.:edins twelve months. My interest rate also shall never be Ifdter tit. 15.95.,... . (I:) Dfecdft DIde .r CIuIaats My new imeralt rate will b<<ome effecliv'e on each Change Date. I will pay Ihe amouOI of my new monthly payment beginning on tM fm.t moftthly payment dll.le IIfler the Change Dale \lntil rhe amoullt of my monthly paymem changes alain. en NeM ef C..... Tile Note Holder will mail Of deliver to me a notice of any changes in I.he llmoum of my monthly payment beforc the effttti..e ~ of My c~. TIlt llOlice will include information required b~' lit.... 10 be fi..en me and also the lille !lnd telephone number of It pc!I:Mm who wiH &!Mwer any quntions I may have regarding the notice." .~ AIIM - 1 "Nt Whilom P.y_nC (..'.,. WlCh Adjnlfmmc to AdJtmmmt Raw c:., aad Raw C., (h'fl ute. _.,........._ '_~_o.._ L u ..-J