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..~ $4~' ~~t~06?~, , ADJUSTABLE RATE RIDER THISAI3JUS7"AHLBRATERIDERisnudtthis_....~~f1___dayof Fahr~iary ,19Btt__. need is inatrpatatal lino need slttN bt demeed to amend and supplement the Mortgage, Deed of Trust, or Deed to Sxvrc Debr(the "Scarily IrltlttatsetK")'ofthtwnt~ttitealum-firyt~uhdetsigaai~{thr"Horrawer")to~sauro 8dttower's AdjusuWtRattNotrto- MOM@:~FEDERAt-~ $KTlllrlfi8 i"L`OAN'"A83bCIKT10N `OF OIIANO' ISlANO, NESMSRA (the "Lettder") of the samedate(tlta"Nott'j and covering the propertydescribed')a the Security Instrument and-located at: 1812_ Barbara, Grand island, Nebraska 68801 (Property Address) Tie Nott eotttsirs protMor aNowba for tMages- fn tie itrtereat nu. It tie itterest nta iasitaaea. tit setrower's ewnWy pr.>twrts w1R4t AlgYer. If the Intsest rate dtetases, ttte Eorrower'a tatotN,} paytsesb wNl De lower. ADDIT-UNAL COVENANTS. in addition to the covenant and agreements made in the Security Instrument, Borrower and Lender ftuthtt covenant and agree as follows: A. INTPAffi7'RATE AND MONTHLY PAYMENT CHANGF3 The Note provides for an initial intttest rate of 11 ?k. Section d of the Note provides for changes in the interest rate toed the monthly Payments, as foQows: 4. /NTEREST RATE AND MONTHL Y PA YMENT CHANGES {A) CWgeDWa The imereat rate 1 will pay may change on the l g ~ day of AO ril , 19 ~ _, and 0o fiat day of the month every 12 months thereafter. Each date on which my interest rate could change is called a "Change Data" (R) T4ldua Bepnning with the first Change Date, my intttest razz will be based on an "Index." The Index is the weekly average yield on United States Treatwy securities ad}uattd to a constant maturity of . ,~~ years, as made available by the Fedval Reserve Board. The inns[ resat tndex figure available as of 43 days before each Change Uate is called the "Current lttdett." if the Index is no tortgv available, the Note Holder will choose a new index which is based upon comparable information. The Note Holder will give-nee nonce of its choitx. (C) t:.akolaYa~ of Giaagat Befarc each Chat[gt Uate, the Note Holder will calwlate my new interest rate by adding percentage points (_ 2.5 %) to theL`utsent. Index, and rounding to the nearer[ ! Ig%. The sum will be my new interest rata The minimum interest rate an elfin-Man wt7l-bt eo leu. than.. 9 - ~ W . Tht maximum interest rate on this Ioan will be rto more than l a `~ %. The°NottHd~r will-thmdetermine the amount of the monthly payment [hat would be suftident to repay in full the principd I am expected m awe oa the Change Date ir, sabstantinlly equal payments try the maturity date at my new interest rata. The result of [his calculation wiNbe the new amount of mY monthly Payment. (D). FxtaeKre DNe of Ciugq Mynew interest rate will betbrtte efftaivt on each Change Batt. I will pay the amount of my new monthly payrttent beginning on the first monthly paymem dateafttt the Change Date until the amaum of my monthly payment changes again. (E$ NtttGsof CYattges The:Note Holderwill mail or deliver to me a notice before each Change Date. The notice will advfx me of: (ij the txw intttai rate on my loan as of the Chance Date; (ii) the aawunc of my trwnthly payment fallowing the 4`hange Uare; (iii) ally additional matters which the Nat Holdtt is required to disclose; and {iv}- the title and telephone number of a person who will answer any question I may have regarding the notice. 16 GIWRGES;LIENN - Uniform Coveaaat• of the Savrity lnstrummt is amended to read as foklaws: 4... CMatNast Lktr. Horrowes shall pay all taxes, assessvxats, and other Charges. fines and impositions attributable to the Property which may -- attains priatity aver;hm5etw'ity ittstrutnmt, and.leasehold payments of ground rents. if any, in the mamttt Provided under paragraph 2 hereof at, ii not prdin;such manner. tlY Bottawtt making paytnent, when date. directly to thr payee thereof. Borrower shall promptly ftunish to Ltmderall naticn.af atnounta due utultt this paragraph. and to the event Borrower shall twke paytttmt directly, Borrower shall promptly furnish to Lertde= receipts evide[tcing such payments. Bortowtt sha8 promptly discharge any rim which has priority aver this Security !MV umeM; however: aOrratvir shad not brrequired [o dischargtany such lien sa long as Borrowtt: (a) shall agree in writing to the payment of tie ob4ptlon amved bysuch,lim_iv-a rnattntt txeptable to Lender; {bj shaHin good faith cp[ttpt such Gen bY, or de&nd agaiastmfottemgtt at such {ipt: in, kplpruc whidtin tit-opinian:af Lender--~opttateto pttvent thernformnmt of the lien or forfeiture of the Prapaly tN any part thereof; or {c) shaN.:stture from :the holder of such lien w agretsaeatt in a form aatisfactary to t,emkr subordinating such lien to rhis Security lnstrumenl. if Lender determines that aq:ga anY:Iwrc of the Prapttty is subjaa to a lien which may attain a priority over this Stcut'itY ImtrutnmL Lender - shall glut Ilartuvrcr.a nOllcttidetNifyl~: such Iktt. Borrower shall satisfy such Iien or take one or mare of tht actions set fonh about within ten daysof thegiviogoftha~tttdiet.. C, h!O'flf tJtnfonn c'uveatutr Ittef'ifit~tcnrlt)* [f~tttw>nertt,is.ssnandedto read as follows: td. 'varlet. ~ttlRrl,gttrarW' tastuistyaduntkr ~-lalk to btgivpi in aamtter manner, (a} any notice w Borrower P[avidtd for is this S•r+tr'itY ittxtrarwewt rball begly~ahYdytrfng~itar.by:ntn.Wgc_R try flrax data trail t+u Borru'wtr a!-sic Fropertp Additsat cv at such othtt addxacs ae lforrowet stay dtsignafe lay ttttylae ta-list-as psxwldcsl henan, rnd £#)aay ttattce to f,.tnder shall -bt 8(vm by tints class mail to Ltttder'x - sddresa st.fad herein rx tt. swth cR6sta:addtxsn; as_t.asder mat!-by nttt;eero Barra+etr as Provided herein. Any notice provided for ir[ this - 1a-urely IrW~ ullw+tt xhaki tit~rdlo:futvt•tte jggv~tv.:tutFattsower-or Cmtdtr tvltttt ipvear in the taatmtr dtsigstattd htreirt.