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_ _ _ Loan No..._56148-1-18--____ €~~~UU(~~iii'l ADJUSTASI:E RATE LOAN RIDER- NQTICE: THE SECURPfY INSTRUMENT SECURES A NOTE WHICH CONTAINS A PROVISION ALiAWING F(3R GRANGES IN THE INTEREST RATE: IN- CREASES: IN THE INTEREST RATE WILL RESULT IN HIGHER PAYMENTS::- DECREASES III THE. INTEREST RATE WILL RESULT IN Lf)WEIt PAYMENTS: This Rider is made this ........2Qth._... dap of .........Ianuarv.........•--------.., 19.8.4..., 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'io Nate to ----••---. _.--•-- ......................•-------•-- •----•----•----------------°°------------ ------ . First Federal Savings and^Loan Association of Lincoln, a Ua~ted-~SLates-eorparat on (the "Leader"} of the same- date- (the "Note") and covering the property describedin the Seeuri~y Iii.4ttu- meet and located at 231'5 West 11th Street - Giand_-island},_Nebraska. 68801 _ Property Address MODIFICATIONS, In addition to the covenants and agreements made in the Security Instrument; Bor- rower and Lender further covenant and agree as faIlows: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Note has an "Initial interest Rate" of_.__11.750--_-% Interest rate changes may occur on the 1st day of _....._---°---------------- MaY.._....._....., 19.85.. and on--the: lot day of .._...___.-..----._......_~ugust_,_-__-,_, 1985-._ and on the 1st day of -..-_...,._...__..._November_- 19: 85.. and on-the lot day of .-..___._.._....._._._.. February--,•_-~ i9.85_. and on those dates of those months in every year theteafter. Each date on which the zeta of interest may change will be called a "Rate Change-Date' . Changescm~pg cipal sad interest paymen#s to adjust amortization of the- loan to correspond with interest rate shall be made on the 1st day of _ ..............:.....:.........Febtuaxy...-.,., 19$6._ and on that adt;, e~*~y----.°~' __.... years} thereafter. Each date on which the principal sad interest gayment may change will. be called a "Payment Change Date". Changes in the interest rate are governed by changes in an interest rata index called the "Index". Check box(} to indicate Indez (1} ^ "Contract Interest Rate, Purchase of Previously Occupied Homes, National Average for all Major Types of Lendeas" published by the Federal-Home Loan Bank Board. (2) ~ Ad3ustakke..cistF...Hn.~a_.-.BaAxh7.x...axexage-.Yl~k~t._Qn-U,S._,Treasur_y_Securities-.. ad justexLtn.a_.r_onsLSnt_matuzizj?..af.._I...Ysaz._pzthl.i.shed..bY..th~~.FCSIe.Fa=:..R~serye._Board..--._.....---°-- Check Iwz(es) to indicate limits. (1 } ^ II flue boa is checked, there will be na maximum limit on changes is the interest rate ug or dawn The Preliminary Race referred to in the Note, will be the new interest rate. ($} ^ If thin boz is checked the interest rate that I pay shaII not increase more than _.._ ............... percentage points on any Rate Change Date. (3) ^ If this boz is checked, the interest rate that I pay shall not decrease more than --..° .............. percentage pwata on say Rate Change Date. (aj ~ If thin box.is checked, Lhe interest rate that I. pay shall never be mare than ..13..45D.....% during the peaod I have my kwn. (5} {~ H this boz is checked, the interceC rate that I pay shall never be less than ..9...QSD_....._°,$ during. the period I have my loan. (8} ^ If this boz is checked, the principal and interest payment that I pay shall not increase moro th~~ ._~.._.._--_.... percent an any Payment Change Date. (T} ^ If this- boz is checked, the princpal and interest payment that I pay shall not decrease mom than .__,...__...___ percent oa any Payment Change Date. Tfte monthly ppaayment amaua#a will also ohange on Payment Change. Dates as provided in the Note. Because past charsges may occur 3e.ss often than interest rate changes and/or may be subject to certain limitations dsacriheef in the Note. the monthly ~yments may be insuf&cient at times to pay accruing interest: In°anch case,. unpaid irttetest is added to the principal balance. of the Note sad itself will acxrue interest- thercefter. ram a0 t.~l L.__