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ADJUSTABLE-RATE RIDER 2'HISADJUSTABLERATBRIDSRiBraadethis ~7~~ daYof 3anuary ;i9~4_, and is..iticorporattd.into a>tdshail be:deemed toamend and supplttnrn[ the Mortgage.- Deed of.Trust,•ar-:Deed~m.Secuir-Debt (the "Security Insteveneixt"}oftttesemedategivenbythrvndersigned{the"Horiower"')tosrc~raBorrower'sAdjttstaWelfattNotrto-HOME FEDERAL SAY{ltt9S 1G L:OAN' ASSOC{ATiON OF QRANO' {BLAND; NEBRASKA (the"Lendei"}ofthesante.date(ihe•'NOte") and covering. tht property described in the Security Instrument attd located ai: - - - - 1"220 u`est Koenig, i~rand Island, Nebraska. 688Q1 (Property Address) - - - The Nofe coataiss provisions- allowing for changes in:the iatercat nte: Ii the-Intereat.rate iacreaees, the Borrower's moathlg Payrneats will be higher. if the {orates! raferdea~a, ttir - - - Borrower's monthly payments wiB hr lower. - - - - . ADDIT[ONAL COVENANTS. In addition to the covenant and agreemrnts made in tht Seenrity instrument; Barrowtr-ittid Lender- ~- further covenamand agree as follows: - - - - - A: t!t't_'>k',R~gTA_A'IFAI4L*!sftt!YIIILYP.lYMENTCgeistCrtc T7it-Mott provides for an initial interest rate of . 12 46. Section 4 of the Note provides for changes in the interest rate aad.tbe . mnnthlt• paw^.e.^.s, :s fa9ews; - - 4. I.NTE'RESTRATE ANp Mph?NL Y A.4 YMENT CKANC.ES {A) Changs Dates The interest rate i will pay may change on the , 1 ~ t dry of IF)ai'Ch _ 19- 85: ; and:.. on that day of the month every ~ t ~ months thtreafter. Each dale on which my interest rate could change is raped a "Change Data:" tB) lire ladex Beginnntg with iht first Change fJate, my imeeest tau will be based on an "`(ndu." 1Tte Index is the weekly average yitfd on (!Wiled States Treasury secueities adjusted io a constant maturity of __ ~^y years, as made available by the Federal Restive Board. The mtut recrnt Index fegure available as of 43 days before tack Change Date is txlkd the "Currrnt index." If the Index is no lartger availab)e, the Nate Holder will choose n new index which is based upon comparable information. The Note Holder wiU give me notice of its choice. (G~ t;aknh8ae of C6ragra Before tech Changt Datc, the Note Holder will calculate my new interest rate by addingti:-i ~~~~°-end ~n .-h 1 f percentage points { ~.. ` 9s) to the Currrnt Index, ami rounding ra the nearest l~t "Fa. The sum will be my new interest rate. The minimum interest race on this loan will be tsa tars than ______? .:' ?re. The maximum interest rate on ehis loan wiU be no more then ~ c.0 alo, The Note Holder will thrn deitrminc the amount of the monthly payment that would be sufficient to rtpay in full tht principal i am expened to owe an the Change Datt in substantisily aqua{ payments by tfie maturity dale at my new interest rate. The-rtsult of this calculation wiB be the ttew amount of my monthly paYmrnt. R?) Eftcetlve Dtte of C'6iages My new interest tart will become effettivr on each Change Uate, I will pay the amount of my now monthly payment txginning an Che firs[ ..,o :.hly ysyatnt dal a..~. the Chartgc Datr u.:til Gs amaum of .ry ..,n..ty 'vaymtm changes again. The Note Holder wtiB mail or dehver to me a rattitx before each Change Date. ~Ihe notice wiB advise me of: (i) the new {merest raft on mY loan as of the Change I1atc; ([i) theatttount of mY mostthly payntettt following [he Change Date; Gil) any additional matierT which the Note Holder is required to disclose, and (iv} the title and teltphona number at" a person who will answer any quts[ion 1 may have regarding the notice. B: CHANGES; LfENS Uniform Cavettam d of tht Security instrumrnt is amtnded to road as foklows: 4. Chargot Ilene. Borrower shall pay all taxes, assesatneats, aml ether charges, lints acrd impositions attributab}e to the Property which may attain a priarify ovv this Stcurity tnstrument, arni feaseho)d payments of ground ants, i f any, in the manner provided under paragraph 2 hereof tu; if riot paid in snch manttet, by Borrower making, payment, when due, directly to the payce thereof. Borrower shall promptly furnish to {.larder all notices of atntxmis due utrdtr tht`s paragraph, and in the event Borrower shall make payment dirady, Borrower shall promptly furnish to Ltmder receipts eviderssing such payments. Borrower shall prampdY discharge any Ben which has priority over this Seturty - fr~[tutttart«-however, Borrower shall tWi be regrtired to discharge any such Gen so long as Borrower: {a) shall agree in writing to the payment of tl~otdipatitnt sttlned by such lien in a taaaner acctptabk to Leader; (b) shall in goad faith contest such lira by, err defend against rnfomement o€ such } in; 3egatproeeedings which sn the opituon of l.zixler opera[e to prevent the enforcement of the Gen or forfeiture of theProper[y or any put titerto~: or (e) shah, seturc from the. holder of inch hen art agreement in a form satisfac[orY to Lrnder subordinating such tiro to [his Serroritg lit. fE Leader daermisies tfut a0 or any part of the Properly is subject to a lira which may attain a prioriq• over this Security Instrutnrnt, Lrnder sittflt-.Blur Harrower a tmiirc identifying such Gea. Barrawtr shall satisfy sash lien or take one err more of the actions set torzh about within ten doss o¥t6e lit>Eirte of ute ntxioe. C. }t~'il~'8. EJttiform f,:avaRaRt Itf of tim,Securiiy Inauutrrdtt is ant<atdeti w read ere follows; I4.: N+ttar, F'4rttpi.faraaatt[tsti,~ rctppurcd alrrJar ripJdi+rla~w trot br gluts in an[ahcr manner, fa) any native to Borrower pravidtd for in this tky Ietatstcrzt€atfif+~ tx Rlvenl!Y dciivsYrng it tot by tttaititt;tt by foal clash mail to.Ftnrrower at ihr Protttrty Address or at such nthtr address lafBtirro..e, .very drstaaatn bti n<,t~ to Leader as Pravidad {strain, and {ts) any notx itr I.:e[[drr shat! bt given by first visas mail to I ender's Iuklee+a xt>tittrf hereie err m loch .xhtr uddtaaa ~ ic[Mei mag doslXnateby rtot}ts to Blxxovrr ax tmividax3 he€ei». Ant natNae pravid~ for in this ~w uy...lare;s+:nwnt vrt,Ni tx ckctncd k+ixatia Aarn git,€n w Borrawar or Leader when giamxt its tlirtuanntr dtattEttated herein.