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s~--~~~c~o5a9 r~DJUSTABLE RATE RIDER TFTI5ADJUSTABI:ERATERtDliRismadethis.. - --30th daYOf --1»nrtar~L - - 19~_, end is incorporated into aadshallbe deetited to amend and supplement the Mortgage; Decd of T[vs[, or [ked to Secure i?ebt (the "Security InstrumenC') of the tame late given by tilt urtdersiY,ned (the "Bo[rawec") to secure'BOrrower's Adjustable.Rate Note [o HOME. FEDERAL BAVINaS 8 LOAN ASSOCIAT10N=aF GRAN13 ISLAND, NEBRASKA ([he "Lender"> of the same date (the "Note"} - and covmng the property degtxibed in the Sicmity Insttnmeat:and located at: ~8-KUestErs Lake, ~rarld Fslanct, NE 688Q1 {PropertyRddcasa) - -- The:Naie ¢nntains:proviaio~ allowktg.-for clta~ta l0 the~ifiteral-°rate. If Ihetnterat rate - - ina~nses, che~Borrower's--moathlppaymran wBl be`higlru: ff-the fntusnt rate decreases the -- Borrow'er's mdaiWy payments reiltbelowcr_- - - - -- ADI9P1'fONAI--COVENANTS. In addition to thacovenan[ and agreements made in the Security Instrttmrnt; Aorrower and Lender - - further cavenailtandagree as follows - - - - - ~ - A: INTF~HEST RATE AND MQNTHLY PAYMENT CIfANGES The~Note~providrs for anitiiual infrresr late-of jl - - %: Section 4 of the Note-provides for'chaages:in the interest rate and the -- monttilypaymenu, azfollows; - -4. INTERE`STRATEANIJMOhR'FILYFAYMENTCFIANGES - (A) ~8? Dstrs -Tttrin#uvesiiatelwiilpaY~aychangeonthe - ISt daYOf MdrCh '-, t9~ri_,and - on that daYof the month every ~ ~ months thmafter. Each daa-on which-my interest rate could change is calitxi'a °`Cliatcge Date." - ~k-Thrledrat - - - - ~ - - - Beginning with the first Change L?atr, my interest rate will be based on an "1 ndex." The Lndrx is the weekly averagayield on United Stairs --. Treasury secnriues adjusted to a constant mattnity of nna years, as made available by the-Federal ReserVr Hoard. The most .-. recent lrtdex l°igure available as at 43 days before each Change Date is called the "Cuttcntindex." !f the Index is lice !anger available, the Note Balder will choose a new index which is based upon comparable information. The Note Holder-`- - ~ - - ~ -wiilgirr me notice of its chacx. - - - (C} Calrofrtlen of C1~arges - Brforceatdt.Change Date; the Nofe Holder will calculate my new interest rate by adding t, w0, a nri --tiny-ha i f - -percentage-.points ~ - { -~; ~-. - %) to the Cturem Indat, androunding to the Hearst 4 f g%s. Tlie sum will ix mp new interest race: Tiir minimum iatrrest rate: on tills loan will be ten teas. than 9 _ 50 fie. The maximt[m interest rate on-this loan will-be no more than ~4 -- 5tt- - s1o: - - - - - -Thr No[e-Holder will then driermine the amaunt-of the -monthly payment that would be sufficient.to repay in full the principal 1 am - - expected.ta.owe on the Changr Raze in substaauaily equal payments by the maturity date si my new interest sett. The result of this calculation - witlbethetxwamountofmYmonthlypaymrni. fD3 =EffectlvcDate.of GAan~s - - _ - _ My new interest:rate will bs¢ome effrctivr on each Change Data I will pay thr amoum- of my new monthly payment beginning oo the first _ monthly-gaymrat date after the Change Date until thr amotmt of my monthly paYmeat changes again: - (k7 NWlerofC9aBt„es The Note Holder will mail or drUver io me a notice Ixfore each Change Date. The notitt will advise me of; {i} the new interest ram on mY laan as of thr Change Datr, - (ti} tlu.amount of my monthly payment following the Change late, Cdil any additional matters whpeb the Notr !{older is required to disclost; and {iv} she title and telephone number of a perm who will gnawer any question I may have rcgatding the notice. B. : CHABGE~ I1ENS liniformCosesani4oftttrSecurity.lnstrumentisamcxied.tore~as,fotiows: •. C1Yis;ses; IJ~:- Borrower shaUlxy alt taxes, assessmrnts, and. othrr charges, Tmea and impositions attriliatable to the Property which may - attain a prissily ova ihis.Sectrrity Instrument, attd:imsehotd paytnrats of ground rents, if any, in the manner provided under paragraph 2 hetmf - or, if rrot paid is such-mastics, by:BOtrowermaiting~paytnent, when due, directly to the payee..thrreof. Borrower.shaU promptly furtush to Itnder ail nMio[t of'-~am.».m.-d#ten>ider-this paragraph,. and. in thr went Borrower shall- snake paytnent directly, Borrower shali.promPtly - - - furnish [o Lendrereceijfts-evidencing sudt DaYmrnts: Borrower shall-prompdy dischargtanY kien which has priottity over this Security - Ittsuvtneat; however. 8otrowcr shall notce required[a dischargd ally such lien so bng as Borrower: {a} shall agree in writingto the payttwyit bf the aMigation sccur~-d try such Ern an amannerac.eepEabfr-to l.andar; (b}shall in good faith can[as# such Gea by, or defend againstevfarcr[oettt of ouch 3iw in, legal procrcxl~gs wltich~io the-opittian of !.elides opaata to prrvcnt Utrenforcement of the lien or forfeiture of the Propsty or any part tttcreat; ar (c} shall securafrom[;te holdei: of.sueh }ten an agreementrn a foam satisfactory to lxnder subordinating such lien to this- . Secv[itylnstrtuaeat. - ~. - - - Ii Lender daumiacs that nU ar any part.of:t#te Property is.suFzjra to a Urn which tray attain a priority ours itua Sscutity fnstrnmentx i.er[der dull 6i t liorrvwrr a rtoticc idcntityipg streit#im: BotrerwrcahaU satisfy such lienar take opt or mare of the actions sec forth above within ten days n[ the pving of the zwtice. _ - - Urdfarm Cavicetmt }4 of the 5~'urNY lrs#ftipn, €pt-i9dd [a read as-fvlla+rs:-. ti. N~aiee. F:xapc Far any antics txywcei] ut[drttglp3table Saw ta-6c-giYRYt inattatlitt~manmx, (a} anYttotice to Bturower provided for in this - ' `+eecuiry lattrumeru snaU be IIVCn b1' detivertnf it t+r by maikina [t by flrsr elasr trqul.ta:9orrovirr attbr fROpertyAddreas or. at sueltoU#cr addrtxs as AMrvwet may dadsuate br ~oua to i.cnder as priwi~esi tKttlln, utd (la t arty nalirr to.:lendu slue!! br gwx+ hy. firm alaa8 mail-#o. Lrnilrr`s addttsK oared t,ann tx to sack otitt:t. sddrrasas Lender [stay dttlanate h9'r[tanci to-leas provideul herei[a. Any mnicmm providrd-far in rltls Sa~trltY Inattunaatt siWl Or deattEif [o >nvr:heru Ici+ea:tu ilc>crawrr nr t..cndcr ,them given htthrnteniMr designated hrtcin. - `