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I 094047$-5 ADJUSTABLE PAYMENT RIDER ~' ""'~- ~ ~ ~1 Q 9 H 5' THLS ADIIISfABI£ PAYMD~ RIDER is. made this27th d~,of February 1984 std L inmeporatsd into apd shall be deeaed to acrd md~nc the or o0 Severe Debt (the "Sen¢ity Irrtrusaat") of the sase'dste giaen by the ucdersigud (the ''Baerorar") to aenaa Hoesower's Adjustable Paysent-Note to Toner Financial, Ixte. (the 'Tender") of the sae data (the "Note") std rnuering the property described in the Security Inatruaent aad lnaated at: # n ill Grand Island Nebraska-68801 ass - The Note Contains Provisions Allowing For Changes In The Interest Rate And Thee. Monthly Payment And For Increases In The Pridci'pa1 Amount To Be Repaid. The Note Also Pzovides For Calculations Of Two Separate- Monthly Bayment Amounts. One Will Be The Amount That I Must Actually Pay.Each=Menth. The -0ther Will $e An Amouni That I Would Pay Each Month To Fu11y Repay`The-'Loan Qn The'Maturity Date._ This Means That I Could Repay More Than I Originally Bdrroiaed Or That I Could Repay My Loan Before The Maturity Date. ADDTTICNAL COVII~i~1N15. In addition to the coveneata std agreemaita'-made in the Severity. Instnament, Borrower acd Lender further coues~mY acd agree as follons: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Note provides for an initial intermt rate of10.500 X.- Sectiona,2,.3`,`4,..,5, 6 and 7 of thn Nate provide for in the interest rate aid tte mamma payments, as''follds:+ - "2. INTEREST (A) Intermt Owed Interest will he charged ai ttat part of prirfdpal which hea mt been'-paid, begfasdsig:aon ttie sate I receive principal acd contisuicg until the full amount of principal h~ been paid:,-r Begiming on the date I reoeive principal, I will pay interest at a yearly-rate ~1 0.500 '. x:,~` 'lhe interest rate I will pay may on the first day of the month of September I-I98x'- and on that day every 6th month thereafter. Each date oa which the interest rate ceuld -is called on "Interest Change Date." The new interest rate will become effective on each Inter!eat Change Date. The interest rate I will pay shall not exceed 13.990X. (B) The Index Beginning with the first Interest Change Date, my interest rate will be based on an Index. Ttfe "Inlmc" is the weekly Auction Average Rate on United States Treaecuy bills with a matuFity of b veaths, as made available by tie Federal Reserve Board. The moat recent Index flg~ae:as.af >the date 45 days before each Interest Change Date is called the "Current Icdeoc". Lf the Index is no longer available, the Note Holder will choose a new itdec which is based.upon comparable information. The Note Holder will glue me entice of this choice. (C) Calwlatien of Inrterest Rate Changes Before each Interest Change Date, the Note Holder will calculate my new interest rate by adding 3.150 peroeatage points (3.150 ~ to the Current Index. The Note Holder will then road r t of this addition to t~ o~-eighth of ore peroerta®e point (0.125X). This raaded amaaat will be mY new interQSt rate until the next INxrest Change Date. Except the ak~xinrm interest rate shall nat exceed 13.990X. (D) Interest After Default The interest rate required by this Sectiat 2 is the rate I will owe both before aid after say default described in Section 10(8) helve. 3. CALCULATION OF AMOUNTS OWED EACH MONTH The Note Holder will calailate my Fu11 Monthly Amcmt. The "klil.l Monthly Amo~t" is the amoca~t of the monthly payment that mould be suffideat to repay the ucq~aid principal balance of mY loan in full at the interest rate I am required to pay by Sections 2(A) acd 2(C) above in substantially equal payments on branch 1, 2014 ,which is tolled the "maturity date". My first Full Monthly Amoint >s U.S. 651.75 Before each Interest Charge Date, the Note Holder will cal n,tnre Cho new Full nt yet whic2i I will awe each mce~th begincdng on the first monthly payment date after the Interest Change Date. The Full Monthly Amount I owe may be more or less than the amount I am required to pay each month. Section 4 belay states the amount of my monthly payment a~ how it will chaz~ge. Section 5 below describes how mY ucpaid principal balance will change if the amount of my ®nthly payment and the F~11 Monthly Amount are different. 4. PAYMENTS (A) T1: aid Place of Payments I will pay principal aid interest by making payments every month. I will make my mvethly payments m the first day of each month begiimieg on A 1 1984 I will make these payments every month until I have paid all the P~~i~erest a~'~any atMs char8es described helve that I may awe corder chin Note. My 'tathlY payorznts will be applied to interest before principal. If I still owe amounts ucder this Note on the maturity date, 1 will pay those amunts in full wi that date. Those amocaua could be greater than the amount of mY last monthly peymenY before rte maturity date. 1 will make mY mavhlY payawnts at 2120 South 72~ Street, Omaha, Nebraska 68124 or at a diffarat place if required by the Note Holder. AOJUSTAilLE PAYMENT NOT@ 6 MONTH TREASIfRY INDE:t (1 - 4 Family) T`fC-u'z4 {Qc) CFag.=, 1? Rev 2f9+ i+:~p