<br />$4 -`7i C10 710
<br />ADJUSTA13L.1? RATE, T,OA1V i21i)F,I2
<br />NOTICE: TIIF:tiI•Ctlltl'il' INtiiRllhli':Nl tiF:('Uitl ti A wOFF: WI11('ll CON"PAINS
<br />A I'KOVl510N ALI(rii'IN(: FOR CIIANI;Eti Iti 711 F. INdFNFa"T NATP,. lN-
<br />('NFASF:S IN TtIF INCF:NF:Sf N.A'IF: Wtl.l. ItF:~I'1.1 IV III(;111C12 NAYMENTS.
<br />lil!CNl•:AtiF:S IN i 111: IN~hF:NFaI NA"1'1•: Witt, RF:~1!I.t IN LOWF:I{ PAYMENTS.
<br />1 hn Hider is made Chit .8th February 84
<br />day of .................... I'1..... ,and is mcorporatcd in[o and shall
<br />nc dremecf to amrnd and suppicmeul rhr Alongage, Deed of Tn,st, nr Ucrl to tie•cure Urbt (the "Securityy Irtslru-
<br />u,cnt") nl the same dare given by the ondrrsigned (the "iiorrower") to u•.ure Durrower's Note to ....The, .F1r5t
<br />National .Bank of. 6nand Island,. Grand. lstand,..Nebraska ............... . ......
<br />nhr "t.cndrr"j of the same date phr "Note")) and cuvcrin ibr pn,pcrt deathbed in the Sccurily Instrument and
<br />,~,,,rd a, Route, 3, Box 69 B,. Grand Island, Nebraska 6801
<br />r.r,nr.~ ~ ,t rr,a, ,,
<br />Modifications. 1n ad:a;;o~: to ;hc is.enant; and ag!remcnis m.,dc ut the Security instrument, Dorrower and'
<br />I coder fu+ther cnvrnam and ag+cc ere lullowt.
<br />A. IN"161tESl' RA'hF: ANU MO'Vl ill.l' PAl'MF:NT <'I-AN(;Fa
<br />1 hr Nutr has an "Inu!;tl lntrrest kale" of .1.1..751x. 1 he Nuu• uuen•st rate m:ry be increased or decreazed onthr
<br />l.sii day of the month hcgurnu,g un .. FebrUary,l , . _ , , , l0 86 .. and ou that day of the month every
<br />.1.? .. months Ihcrea(trr.
<br />t"h;utgrs m Ihr utterest ra;c a!c gosc•rned by Changes in an uurust +alr indcs called the "Index".The Index is the:
<br />,r rtn-, .•..r t,,,, r~ vnrfn ore rn~lrv
<br />!I) .. "Contract interest k.uc, i'urchasi~ u; Previously (hcupted fiontes, National Average for a!! Major
<br />I •,I:r, „f Lrndcu" published by !hc l~cdcrai Itomr Loan Dank Doar,I
<br />rz) ~ -The. Weekly Average Yield of One Vear United States Treasury Securities
<br />Adjusted .to_a Constant Maturity.of One-Year.
<br />;r r,;r [ n..r ;w. r„ rnd,~urr .hr•hr, :n, ,, ,, ,,... n,u w:.~rn n.,.rr un ,,,mgrs m Uv,n.,., v r,r.r ,.n each C7mngr Uute; if no box it eheekrQ that wilt
<br />! I) lhrre n na n;a~unum lun+r Un changes in the +ntrresl r,ue ;,! any Change llale.
<br />+_) XX (he Coheres; ru:c : u~.not be chant,cd hp~ mo+c th:m ..2.0 I,+~ecenutge points at any Change Dale.
<br />I(!hr +nten•st ra:c ,?;nngr,. the ^nxwnt oC Pnrrower•s monti,ly pavmrnlti will change as provided in the Note. in-
<br />.,~.,u~s u, Inr nu c;rst rate ,ua ,.,:,,; ur h+ghrr pay n,ern s. Uccre:ucs in the ulterest rate will result in lower payments.
<br />It. l.ljAti CI LANGFa
<br />I+ ,,,u1J !,r !hat the loon ;e-..;red sly ;hc Srcnnl}• Instnnnrnt is Suh7+•it In n law which leis maximum loan charges
<br />.nrd Ihs4 .a,+ i, uttc+prrlcd Su lh.u the nth Cl t'~l Uf r,thCi {Oa^ chatgc, a,iiccu'd ur (U bC e'Ol1fiC(Cd Ill COMCCIIOn WUh--l~le',.
<br />-•~a+, »uvid es. red prrnuurd L+,,;r•, ! f !his a t}tt' ca sr. !hen: (A} any ~,uih loan charge shall be reduced by ll}C ajnount -
<br />,,,,,,u) w tcd:+Cr!hrcharge t•+the pcnn;ued bout; and (I4) any sums:dn•ady cullccred from Dorrowerwhieh exteed.~-.
<br />,d pnmutrd I:nutl ,+AI t:c tclundrd to Dur,uwcr. l.cn;lcr may Chuu+c w make this refund by reducing the principal
<br />.. under nc~ tiote ur by mal.!ng, a d+rcct payment to Dot rower.
<br />t I'ItiUN LIF;\j
<br />1: 1 rndc+ drtrrm:nrs ii;:u .,,r ~,r any pan ,+( Ihr ,ants sccu;ed by th+, Securiiy Instrument arc subject to~aJien-
<br />wm,h l,a, Puonty uoe+ ihr, `,eeu:up lu,uun;rn!, 1 ender may lend iiornlwcr a ntx ice identifying that lien. DO(IOWGr
<br />,.,.di i~++unptit .,ii t+iih rr±;,rrd :,: iltat hen a, I,+uudal in pa+a!;r,,;;h : of the Srcunly Instrument or shall prOmpily
<br />,c.urr :u: ;+~rcrmrnt m a larn; ,.ur.ia,knq to rud,r a+burdinalulg tL;u Itch to (his Security !ns(rutnent.
<br />It. I KA:ti`+t Fat t3F d 11 F. I'R(>I'F N t Y
<br />ti rttctr +..+ trana(cr of the Pntl;eny subsea to parag,aph 17 „I !hc Snu!ily Instrument, Lender may require(d)
<br />.ut u+iE Ca,r m t?+, current Ni!fc inlrrcil RIt C, U: (2):l l; nurea,r in (l}r u•nru, ;d OI) the limit on (Iffi 8It10unt Olaily0netn-
<br />tnrst e.uc :6anSr UI there is a hnurj, u! {}) a Change m the lust Index ftgurr, or all pf Ihar, as a condition Uf l.ender'S
<br />. .u~u+g the opuun tU arctic, a!r Iu U,~id rd ur {:,u agraph li.
<br />liy ~+gmng Chu, Dorrower agars to al{ Ut the above.
<br />'+>i'4-+tsx .+-:.:'`!?•""~` .................(Baal)
<br />Randall L. Ni emotYi _Dorrowc
<br />-,
<br />"'_~ + ~`'..L?.1 ^~.r. ~i:'~'i.~'~lr.'~-....(Seal)
<br />S~aron K. N~emot~~
<br />-Dorrower
<br />i. 3, R, .,e en (., r. tkr. ltd nr rf ,,, ^ - Arrt rJ_ d { ..r. i..,,f A.H., .. r. ..~ n , ~ +n, ~ -~.. ~, .n w.. rhr ~ r Index naa,rd rrT!
<br />`t ~ ApJ#1STABtE RASE lOA~N RIOER ~u+_)nt>aC uauian~,ASt,taMtAl
<br />
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