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<br />Lots One (1) and Two (2), in Roby Subdivision, in the City of Grand Island.
<br />Hall County, Nebraska except the North 800 feet of Lot Two (2),
<br />Loan No. .,...,~6ZJ.?:::J.::l,a..,.
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<br />Q1
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<br />UNCOlN
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<br />8 ADJUSTABLE RATE LOAN RIDER
<br />3--001624
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<br />NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS
<br />A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE. IN-
<br />CREASES IN THE INTEREST RATE WILL RESULT IN HIGHER PAYMENTS.
<br />DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS.
<br />
<br />This Rider is made this ..___IS1;___......,.. day of ___...,....,(\priL........,.....,..." 19.83..., and is incorporated
<br />into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt
<br />(the "Security Instrument") of the same date given by the undersigned (the "Borrower") to secure Bor-
<br />
<br />rower's Note to ......,.............,..,....,........,...........,........,....".,.......,..,......."...,..",........."........,.......,.................,.,..,.......,.
<br />,.nni.Lf.~4g.r,!!,l"..$,?J?:;I,g&.~,.!!!J.Jl..1Q;m,.All!l9.c,;I,!!J;l.Q-').",9.!'."L.i,Qc.Q1JJ...."!!,,lJ,Uj.l;J::,Q.,.,s.J;g,t,~ILS;,O.r.\lQ];g,C,j.QIL
<br />(the "Lender") of the same date (the "Note") and covering the property described in the Security Instru-
<br />ment and located at ,.}n!Lg,?~L~,'i',~c;!1.t!).g,.!t!.,l~..RQ!!4........,.....Gnmg..,J.!>l,q.,nc;!....N.,~Q];g,",~..D,6,aQJ....,.,....
<br />Property Address
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<br />MODIFICATIONS. In addition to the covenants and agreements made in the Security Instrument, Bor-
<br />rower and Lender further covenant and agree as follows:
<br />
<br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES
<br />
<br />The Note has an "Initial Interest Rate" oL,...J.l.,...Z,;;,Q... %
<br />Interest rate changes may occur on the 1st day of ...............................,lle,c.embe.r..., 19..,8A. and on the
<br />1st day of ..,.....,...........,..,........Maxs;.u....,...., 19..8,5.. and on the 1st day of .......,.........,........JUIle............, 19...85,
<br />and on the 1st day of ___,.,......,.,.,...,.,.,___,..,Se.p,tembe.r:, 19...85, and on those dates of those months in every
<br />year thereafter. Each date on which the rate of interest may change will be called a "Rate Change Date".
<br />
<br />Changes in principal and interest payments to adjust amortization of the loan to correspond with
<br />interest rate changes shall be made on the 1st day of ............___.....,...........,Sep.tem.be.r:..., 19,.85... and on that
<br />date every ....,7,":::':,7;::".... year(s) thereafter, Each date on which the principal and interest payment may
<br />change will be called a "Payment Change Date".
<br />
<br />Changes in the interest rate are governed by changes in an interest rate index called the "Index",
<br />Check box(es) to indicate Index.
<br />(1) 0 "Contract Interest Rate, Purchase of Previously Occupied Homes, National Average for all
<br />Major Types of Lenders" published by the Federal Home Loan Bank Board,
<br />(2) iXl ,A4j!J,",C,!!Qlg..,Ri!J;g..,~Ql;g..,~..,~g,!).\:,h,l,y...!!)1gX,q.g~.,y.!..I'.).c;!.,.Q,Q..u."S..,.,);];,e,ailllXy.........,.,.........,...,.
<br />Sec ur.iJ;.h~.'L,q..\U!!f>.\:,~c;!..,t;.Q,..!!...c.Q,(\;;J;iHl.\:"..l'!i!.t;J.l,r.j,l;Y,..9,f...J,..y,~,q..L,p.J.l,\!U!l,lle,Q.,.J~y.,.~,he,.,Ji'.~dllAg,l"Re"'.~J:~e".llQa rd.
<br />
<br />Check box ( es) to indicate limits.
<br />
<br />(1) 0 If this box is checked, there will be no maximum limit on changes in the interest rate up or
<br />down. The Preliminary Rate referred to in the Note, will be the new interest rate.
<br />
<br />(2) 0 If this box is checked, the interest rate that I pay shall not increase more than ......__..._____....
<br />percentage points on any Rate Change Date.
<br />(3) 0 If this box is checked, the interest rate that I pay shall not decrease more than ........,__..,._____
<br />percentage points on any Rate Change Date.
<br />(4) IXI If this box is checked, the interest rate that I pay shall never be more than ...1I+.,QOO..., %
<br />during the period I have my loan.
<br />(5) IXI If this box is checked, the interest rate that I pay shall never be less than ,..lJ)..,QOO..., %
<br />during the period I have my loan.
<br />(6) 0 If this box is checked, the principal and interest payment that I pay shall not increase more
<br />than ..,........,....,... percent on any Payment Change Date.
<br />(7)0 If this box is checked, the principal and interest payment that I pay shall not decrease more
<br />than .................... percent on any Payment Change Date,
<br />The monthly payment amounts will also change on Payment Change Dates as provided in the Note.
<br />Because payment changes may occur less often than interest rate changes and/or may be subject to certain
<br />!imitations described in the Note, the monthly payments may be insufficient at times to pay accruing
<br />mterest. In such case, unpaid interest is added to the principal balance of the Note and itself will accrue
<br />interest thereafter.
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