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~°00077-6 ADJUSTABLE PAYMENT RIDER $r~ -._..,i, j ~j 0 3 8 9 TkiLS AAIf75TABIE PAlI.1~Jf RILER is made this ZOth day a€ Januarv 1984 and is innnporatad into and shall be deemed to erred aid'-w~ement the rt~a> t, or to Sense Debt (the'"Sensity incrn.ronr") of the same date"given try the trdersigned {the "Borrower") to-_ sense Borrawer'a Ad3ustable Payme!st Note to Tower Fi„p.,riaT, ~~ (the "I.~ider") of the same date (the "Nate") and the property described in the Senn-lty Instrument and Treated at: The Note: Contains Provisions Allowing For Changes In The Interest Rate sad The" Monthly Payment And For Increases In The Principal Amount To Be Repaid. The Note Also Provides For Calculations Of Two Separate Monthly Payment Amounts. One Will Be The Amount That I Must Actually Pay Each 4fanth. The-Other Wi11 Be An Amount That I Would Pay Each Month To- Fully Repay The Loan On The Maturity Date: This Means That I Could Repay More Than I Originally Borrowed Or That I"Could Repay My Loan Before The Maturity Date. ALOTI7ONAL ~V&Y4F115. In addirlon to the covenants and ogre®ents made in the Secxsity- Tnrrtnma~r, Barra4Er a<id Lender fisthet CflVHlmlt acid agreE as follos; - A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Note provides for an initial interest rate of 10.5!?0 %. Sections 2, 3, 4, 5 and 6 of- the Note provide for in the interest rate and the ~nt~y-Payments, as follows: "2. INTEREST {A) Interest Owed Tnr>rt.et w1.i1 be c2nrged m tint part of principal which has cot been paid, begi~ing oa the date I receive isincipal and ra'n until the full amount of principal has been paid. Begiruii!ig m the date I reoeive priric;ipal, I will pay interest at a yearly rate of 10.500 %. The interest rate Z will pay may change oa the first day of the month of :1u~ust 1, TtiR7+ a~ m tint day every month thereafter. Each date w which the interest rate s called on "Interest Ck~ `Date." The new interest rate will 6ece~ effective ~ each Interest Cha!ige Date. (B) The Zodex Begirating with [he first Interest (2rmge Date, my interest rate cdl1 be based an an Index. The "Indet' is the ?~:~rkly :leerier ,~verase `?ate nn `:iiteti Mates 'ireasiv-y hills *.i.[h a n~turity of F.• ?e~x,rt+c , as a t serve most recent sigise as of the rare vo days before each Interest Change Date is caked the "CLrze[rt I!idec". 71x' interest rate T will ;ay shall not c..-ceec' ?'..°O('~. I# the Indic is m longer available, the Note Hol~r will choose a new infasc which is based upon cnmpacahle infonlstion. The Note Holder will give me mtice of this choice. (C) Calnilatim of Interest Fate Changes Before each Interest Change Lhte, the Note Holder will calculate my new interest rate by adding ~~rpTMa__*a~ points C fit: %) to tte Cairrmt 7adex. Tte Note Holder will then rnem~l 3~e resuir. aflthis addi.ti.~ to zv~rest one-eighth of ooe peresitage point (0.125%). This raaxled ,~,..~ w+?1 w ~ !•°w i.:t.t°.s.' . .F :util t:n :.~ Inte_~.. ^~^-~ mow. r-;~er the .._u?.nn• interest rate st`ali cot excf.~.! 1? 990'6 (D) Tnr°eant After Default The interest rate required by this Section 2 is t11e rate I will owe both before a~ after atry default described in Section 9(B) below. 3. CALCULATION OF AMOUNTS OWED EACH MONTH The Note folder will calculate my F11ll Monthlq Arrant. The "F~ll Monthly Arrant" is the amanC of the mmthly payment that would be Aifficieat to repay the unpaid Principal balance of my loan in full at the interest rate I am required to pay by sections 2(A) sad 2(C) above in substantially equal payments on ~ ~_ ~n whidt is called the "maturity date". My first Fu11 ?bwxisiy Amount s .. ~, t ~ ore each Interest Change Date, the Note Holder will calcilate the neF, Frill i~tTiCp "c~ltidi I will owe each moth begiining on the first mathly payment date after the Interest Change Lhte. The R>l.l f~hly Arrant I owe may be mire or less than the arrant I am required to pay each month. Section 4 below states the arrant of my monthly payment and how it will cfntge. Section 5 below describes hov mY mP~ principal 6elance will ctimige if the amoent of my monthly papmait aed the Fall AYinthly Arrant acre differait. 4. PAYMENTS (A) Time and Place of F?iyments I will Pay principal and interest by PaJ+~ts every mauh• I vil.I make oqr monthly payments m the first day of each month begi>nirig on "arc" 1 1984 I will make these payments every month until I have paid all the any otkier c2nrges described below thst Z cosy awe under this Note. My ~ PaF~ta wilt be applied to interest before principal. If L still owe smarts eider this !Fate on the matt¢ity date, I will pay those amo4nnts in full an that date. Those amamts could be greater theio the enaunt of 4D' last monthly Payment before the maturity date. I will make ~ eonthLy payseats at 2L?A south 72nd Street, Omaha, Nebraska 68121 or at a different place 3f reyiaired by the Note fldlder. Hx3,7l4'.ri~s;lrr,4y~+rf:'(' '~t~TE' K `t'T17 "`l`F ~ i o~• .• s,Pfi 9'~.. it ~. TMC-005 {qc) {Page t) (YSw ?1f8~}