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84=-~-•000468 _a Loan No......SS~I,.4.6-].-l..t£..... ~, ADJUSTABLE RATE LOAN RIDER 1 J11 NOTICE: THE SECURITY i1VSTRtIMENT SECURES A NOTE. WHICH-CONTAINS- A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE;. IN- CREASES IN THE INTEREST- RATE WILL RESULT IN HIGHER "PAYMENTS:.. DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER Pr1Yr4ENT5; This Rider is made ttris ..._271,)3----..-_... day of --.--.Trxiltk3xy,__ .................. 19..fl4.., and- is-incorporated into and shall he 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- ~~i~ts F~~er~i2--5"avl•iigs"'and ""I:oari-Associaton of Lincoln, a United States corporation - - - - - . - -°-- (the "Lender") of th e Mate the "Note" } and- covering the property described stn the Security Instru`- el~i test ottage Grand_Island~ Nebraska-.&8801.,__--___ ment and located at _..---- ------ -- ---- ° --°---.._. --.... __ - -_. _. - --......,- - °m,T; t;• Add.-ess 14IOllIFICA't It'i~i S. in addition to the ~~venar,ts a :d agie°me^.+„ n;ada ;n the Sec,,,?ty Instrumesst, Bor• . rower and Lender further covenant and agree as follows: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Note has an "Initial Interest Rate" of._._.11, 500---.% Interest rata changes m y occur on the 1st day of ._ ................__-......February --. 19 8~-- and on the. 1st day af ----------------°--------...~ugust- ---• -. 1985..- and on the 1st day of ..__.._-_..-....---. ~ebruar~ .., 19_86.. and on the 1st day of __.....-Au acs-t..-_--------------------~--, 19...H6- and on those dates of those months in every year thereafter. Each date on which the rate of interest may change will be called a "Rate Change Date' . Changes in principal and interest payments to adjust amortization of the loan to corracpond with interest rate changes shall be made on the lst day of ...-__ ........................February--„-., 19.$x... and on that. date every ,-..'-----'-.... year(s) thereafter. Each date on which the principal and interest payment may change will be called a "Payment Change Date". Changes in the interest mte are governed by changes in an interest mte index called the "Index". Check box(es) to indicate Index. (1) ~~ "Contract Interest Rate, Purchase of Previously Occupied Homes, National Average for all Major Types of Lenders" published by the Federal Home Loan Bank Board. (q} ~j Adjustable Rate Note -_,Sonthl_y-average field on U.S. Treasurx.-Securities adjusted to a constant ma:.nriCy- 02 -1_~ear pubhshed_.tly,_the__Federal Reserve Board -_,,._--,-- Check boxes} to indicate limits. (1) ri If this box is checked, there wi21 ba ro maximum limit on changes in the interest rate up or down. The Preliminary Rate referred to in the Note, F~•ill be the new interest rate. (2) 4 If this boa is checked, the interest rate that I pay shall not increase more than ..............._... percentage points on any Rate Change Date. (3} ~ If this box is checked, the interest rate that I pay shall not decrease more than ._ ................. percentage points on any Rate Change Date. (4} ~ If this box is checked, the interest rate that I pay shall never be more than ..13...95D..-..% during the periad I have my loan. (5} ®If this box is checked, the interest rata that I pay shall never be less than ..8.-000.......% during the penod I have my loan. (Ei} [; If this bax is checked, the principal and interesi payment that I pay shall not increase more than -._._...-...._... percent on any Payment Change Date. (; } [j Ff tlas box is checked, the principal and interest payment that I pay shalt not decrease mom than ----.---_..._..... percent on any Payment Change Date. The monthly payment amaunts will also change on Payment Change Dates as provided in the Note. Because payment changes may occur Fess often than interest rnte changes and jor may be subject to certain limitations described fn the Nate, the monthly pa ents may be insufficient at times to pay accruing interest. In such case, unpaid interest is added to the principal balance of the Note and itself will accrue interest thereafter. Fwm 8S3 u .~