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I ~~ --t,t~0i72 Loan No..._..56I47•~lyd~---•• ADJUSTABLE RATE LOAN RIDER- - NOTICE: THE SECURITY INSTRUMENT SECURES A-NOTE WHICH-CONTAINS- A PROVISION ALLOWING FOR CHANGES I1V-THE INTEREST RATE: II+T- CREASES IN THE INTEREST RATE WILL RESULT IN HIGHER PAYMENTS: - DECREASES.IN THE INTEREST RATE-WILL RESULT IN LOWER PAYMENTS. This-Rider is made this .-•---.~.~tk3-----._. day-of ..................J.?AUZxI?-•-------., 19..$.4.:, and is'incorporated into and shall be deemed to amend and supplement the Mortgage; Deed of Trust, or'Deed to Secure Debt (the "Security' Instrument") of the same date given by the undersigned (the "Borrower") to secure Bor- rower's Note to ......._ .....................----•-•--°-----....--•-°--•-•_- °... ---.......... -•-•------ ....... .:.:_ :.:.:: .:. .Eix..at_.TF,ederaL..Sa¢Lngs..and._i aan_.Aasocia[iatt..nf. Liacol.n.>. a.:tIilited__&ka><g.&::.dst7cP.o.Tg1iI.4A_.. (the "Lender") of the same: date (the "Note") and covering the property described inthe Security Instru- mentand located at ..2213..and..2215...Kass...Koenig:..-..--°.---._-...brand-Ssland,:--Nehraska._688Lll.-•--_--•-- Property Address MODIFICATIONS. In addition to the covenants and agreements made in the Security Instrument, Bor- rower'and Lender further covenant and agree sa follows: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Note has an "Initial Interest Rate" o£_.__.1_LZSII_.-% Interest rate;changea may occur on the 1st day of ....................°--------.Msg....----....., 19..85.. and on-the 1st day of ....____..-_----...°-------August..--.--, 19.85-- and oa the 1st day of _._---_--.-.._._..._.lloaremher..., 19:_.85_ and on the 1st day oi _._._._._____________________Rebruary-> 19..gb. and on those dates of those months in every year thezeafter. Each date on which the rate of interest may change will be called a "Rate Change Date' . Changes in princi and interest payments to adjust amortization of the loan to rnn+espond with interest rate changes shall be made on the 1st day of ._...-- ..............._........gei3r any---:.-, 19_gy__ and on that date erer~y ••__----•;---.._ y~r{s) ther~fter. Each date on which the principa~ and mtereat payment may change will be called a "Payment Change Date". Changes in the interest rate are governed by changes in an interest rate index called the "Indea". Check bez(es) to indicate Index. (1) ^ "Contract Interest Rate, Purchase of Previously Occupied Homes, National Ave age for all Majar Types-of Lenderd' published by the. Federal Home Loan Bank Beard. (2} ~ .lad•4ussable--dLase--Alate--,~..No-a-Ghl'J---average-yaald--oa..lT_S.....Tzeasury------•-• .................. Securit tea-.ad3usted..ne•a--ecar~ataat---materity-.oE--1..yeac--puhlished•-bar.--the...Eederal,Resnxye..gna rd . Check boz(es) to indicate limits. {I) ^ If this box is checked, there wilt be no maximum limit on changes is the interest rate up or down. The Preluninary Rate referred to in the Note, will be the new interest rate. (2) ^ If this boz is checked, the interest rate that I pay shall not increase more than .................... percentage points on any Rate Ct•aage Date. (9) ^ If this boz is checked, the interest rate that I pay shall not decrease more than ................._. percentage paints on any -Rate Change Date. (4) ~] If td~is boz is checked, the interest rate that I pay shall never be more than. _..}3..-g50-...% during the period I have my loan. (5} (~ If this baz is checked, the interest rate that I pay shall never be less than ...9., g5p.._...% during the period I have my loan. (8} ^ If this boa is checked, the principal and interest payment that I pay shall not increase more tdaan .....,_.°-°--..... percent on any Payment Change Date. {7} ^ If this. box- is-checked, the principal and interest payment that I pay shall not decrease more than ..._.._,.....:.... gercent on auy Payment Change Date. The mantlily payment amounts will also change on Payment Change. Dates as provided in the-Note. Because payment changes ma occrnr less often than interest rate changes andJor may be subject to certain limitations desesibed is the Note, the monthly ptymenu-may be insufficient at times to pay accruing intatest. In -such case, unpaid interest is added to the principal balance of the- Note and itself will accrue interest-thereafter. , Fmn drs , - u