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_._ ADJUSTABLE RATE RIDER- $4 .~{~ (~ Q 8.11 THIS'ADJUSTABLE:RtiRTE~k#DERismads-this 15th day of ~ahr,iar~ #9~,. , add is ittcornOtated-itito-'and shag tih"da,+oiirf fo=amehd`and-suppkmeet the Mortgage; DeedofTrust, or-Decd to Secure-debt ([ht-"Seeurity- Instrumtstt") of=ttietiame`daftgivett'bytlteundetsigned (the"Borrab+ver'7 to sauce Borrower's Adjuatabk Batt Nots to - HOME- FEDERAL ~ - SAYIMIOS f LOAN ASSOCIATfON~'OF OflAND 1$LAND; NEdRASIfA (the"Lender'~ofthtaamediitt(the'•Nott") attdcoveriogtlte.property deacritied'm the Sauriry Ittatrument end loca[edat: 4217 Texas Avenue- Grand Island,~N,ttr_aska 68Ant (Property Address) - Ttie Notr~toNaiae provialoes aMow)eg lac eYaegts fe--Itit teterest-reu. It tYe-iolansl vale - letteeaea,-tYe gforeower'a owIM7'-payttieeb'wNl be higYer. It"the-letaret tate'tleeteaan; the Horrowe-'a emelYlypaymna srlll ba'lown. ADD#TIONAL COVENANTS. In addition to the covenant and agreements made io the Security Instrutttem; Borrower and-Linder furthsr covenant and agrtx as follows: A. IDfI'~T RATE AND MONTHLY PAYMENT CHANGES T1ie-Noll p~roviiies far an initial interest rate of 11 %. Sation 4 of [he Note provides for changes in the interest rate and the - monthly payments, as follows: ~. lNTF.RESTRATEANDMONTHLYPAYMENTCHA,YC65 (A) ~~+ The interest rau I will pay may change on the 1st day of Aori 1 , 19 A/a.. , erred-. onthat day of the month every 12 months thereafter. Each date on which my interest rate could change is called a "ChangtiJate:" (!) Treleiea Beginning with the first Change Date, my interest rau will be based on an ' `Index." The Index is the weekly average yield on United- States Treasury securities adjusted to a constant maturity of _~nP _ years, as made available by the Federal Resme Board. 'The most retxttt Index figure available as of 45 days before each Change Dau is called the' `Current Index." If the Index:is na Tonga available; the Note Holder will choose a new index which is based upon comparable information. The-Note Holder -. will give me notice of its choitx. (C) CakrrlgioeoEGYee~ea Before each~Change Date, the NotcHolder will calculate my new interest rate by adding + ~ n ar,~i ~ a_hn l F percentage points (._ 2 + `~ %.) to-the Curnnt Index, and rounding to the nearest l /g%. Thcsum wip tx my new tnterest race. The minimum-inteaat rate- on this #oaa will be no less than 9.5 %+. The maximum interest rate on this loco will be no more than t~~ 9t: The Note Holderwili then~detr7mioethe amount of the monthly payment that would be suffittient to repay in fupthe-principal.! am~ expected to owe on the Change Dau in substantially equal payments 6y the maturity date sa my new interest rats. The result of this calculrtion wBlbe tht new amount of my monthly payment. (p) FYfeeti-a DMe ofC~eegs iN.y new interest: rate wip baonte effective on each Change Date. 1 will pay the amount of my new monthly payment beginning on~ the: fast momhlylYSymeat date after the Chadge date until the amount of mY monthly payment changes again. (E) NolitAOtGlteyaa 'fhtNote Holder .will, mail or•depver to me a notice before each Changer Date. The noti« will advise me of: (i) the new interest cart on.my loan as of the Change date; (d) the amowttof my monthly payment following the Change Date, (iii} any addiiioritd,matiets which the Note Holder is required todisciose; and (iv), .the titlrand lekphone number of a person who wilt answer any question [ may have regarding the noel«. rt: cxs: ~tvs UtliformCoyeoant4nf the Sattrity Insirttmem is amended to read as follows: 1.. - CYtrgas;, Lino. Borrower shall.psy ail taxes, assessments, and other charges, fines and impositions attributable to the Property which rttay- attain apriority-over this Security instrument, and leasehold payments of ground rents, if any, in the mane[ Provided under paragraph 2 he[eof or, if not-paid.)n-such toantter, Dy 8orrowcr nuking payment, when due, dtratly to the payee thereof. Borrower shop promptly furttish:to Lender ali_ttotica of amounts: due under thisparagraph, and in the event Borrower shop make payment directly, Borrower ahall Promptly teroish to..Lende retxjpts evidencing such-payments. Borrower shat{:promptly discharge arty tirn which bas priority over this Security l»strumrnt; however, BarrowershW.notbe rWuired. to.dischugeany such lien so.tong, as. Borrower: (a) shop agree in writing [o the payment of the obligation secured by such tiepin amaooex ameptable-to Lender, (b) shall in good faith tantestsuch pen by, or defend Against enforcement of such lien in, teal procttdings;which in the,opittion of Leader operate to prevent the enforeemeot of the lien or forfeiture of the Property-or any part thereof; or.(c) sbtdt"secure from the holder of such hen en: agreement in a farm satisfactory to Lettdtr subordinating such lien to this. SecaritY laurwtteut. If Letrler dttermirtes thu all or:anypatfofthe Property is subject to a [ten which may at[aip a priority over this Setvrity Instrument, Lender soap give lia'cower a noire idctidfying.auch )ies4 Borrower aha[(satisty such lien or take ooa or more of the actions set forth above within ten days of tM tr7ng of tha antler. C .NOTICk Uniform Covenant 1• of the Security h~trumctttit amatdat ttt feadax-ioliows; el. Kasiea. Exafx frx any notice required under appJkabielaw to bt: given inarurttuu manner, (a) any not(« to Borrower prnvidtd for in [his Security Ittslrumrnt shall be amen by detiverioa a or by m.iBggtt iiy"t"tsatfilAtr; rnail.tai Borrower at the Property Addressor at such other address as Borrarer n+aY tl<sirrutte by notice to Lcnda u prt~videtj;_.lisreitt,.and ~(t)aay noti« to L.encier stall ix give[[ try first class. mail to Lsndtir's oddness stated hereut a w such atw address as t.stwia nyay ate by-potioe taBOr+`owex as provided)tertin_ Any mytitpa luovided for in this *w-•~ruy tncttssrr,mt shalt gadnnxwd m have beep Kivcp to B~ttwcx _ater whcngiv+at in tStertlannet designated htrcin.