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0900511.-1 ~4 --{) G 112 5 ADJUSTABLE PAYMENT RIDER THLS ADNSTABIE PAYMdTl' RD]ER is made this 2nd day of March 1484 a~ ~ ittoorporated into std shall. be deemed to amend azd eupp~ent the t, or Deed'to Sense Dept (the "Seaaity Inatrumettt") of the rime date given by the utdersigted-(the "Borcvwer°) m sense Hort~oyei s Adjustab]e Payaent Note to Tower Fiton¢tal, Inc.. (the "l~tder") d the save date: (the "Note") std carering the'praperty described in the Sensity Instrument aed ]ooated'at: 6880 rty ees The Note Contains Provisions Allowing For Changes In The Interest Rate And The Monthly Payment And For Increases In The Principal Amount To Be Repaid. The Note Also Provides For Calculations Of Two Separate Monthly Payment Amounts. One Will Be The Amount That I Must Actually Pay Each Month. The Other Will Be An Amount That I Would Pay Each Month To Fully Repay The Loan On The~Maturity Date: This Means That I Could Repay More Than I Originally Borrowed Or That I Could Repay My Loan Before The Maturity Date. ADDTITON9L COVFNANIS. In addition to the covenants- std agre®etts made in the Seasity Inett~ett, Borrower std Ietder further covenant std agree as follows: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Note provides for an initial interest rate of 10.500 X. Sectirna 2, 3, 4, 5, 6 std 7 'of tie- Note provide for ~ in the interest rate std tle montTi~y payments, as follws: "2. INTEREST (A) Intermit Owed Interest will be charged on that part of principal which has tot been paid, begimdig on the date I receive pritrlpal a~ cottin'ing ucrcil tie full amamt of principal has been paid. Begitatitg on the date I receive principal, I will pay interest at a yearly rate of 10.500 X. The ittter~t rate I will pay may change on the first day of the tenth of October 1 1484 std on that day every 6th month thereafter. Each date on which the itrceres[ rate could diange is called on "Interest Change Date." The new interest rate will bec®e effective on each Interest Change Date. The interest rate I will pay shall no[ exceed 13.990%. (B) The Inde:c Begitming with tie first Itrterest Change Date, mY interest rate will be based on an Itrdea. The. "lodes" is the Weekly Auction Average Rate an United States Treasury bills with a maturlty of 6 months, as made available by the Federal Reserve Board. The most recett Index fig~se as of the-date 45 days before each Interest Change Date is called the "Curre[t Index". If the Itdec is ro longer available, the Note Holder will choose a new ittdac whith is based, upon comparable information. The Note Holder will give me entice of this choice. (C) Calculation of Interest Rate Changes Before each Interest Change Date, the Note Holder will calculate my new interest rate by adding percentage points ( 3.150 X) to the Cttrcent Itdec. The Note Holder will then rwad t r r t of this addition to t~ aie-eighth of ace percentage point (0.125X). 1t:is raiaided amount will be oy ner interest rate until the next Ittereat Change Dete. Except the rtc~ximxn interest rate shall not exceed 13.9907,. (D) Interest After Default The interest rate required by this Section 2 is the rate I will aye both before and after any default described in Section 10(B) below. 3. CALCULATION OF AMOUNTS OWED EACH MONTH The Note Holder will calculate my Full Monthly Amount. The "Full Monthly Amo~mt" is the amount of the. monthly payment that would be suffidert to repay the unpaid principal balance of my loan in full at the interest rate I a required to pay by Sections 2(A) std 2(C) above in substantially equal P on 2014 , cutridt is called the "maturity date". My first Full Monthly Amount U.S. a5~.R0 Before each Interest Change Date, the Note Holder will calculate the new Full iTonthiy nmotmt which I will awe each month beginning on the first monthly payment date after tits Interest Change Date. The Full Moarhly tenant I awe may be more or less than the amo~mt I mm required to pay each month. Section 4 below states the amo~mt of my monthly payment std how it will change. Section 5 below describes how mY unpaid principal balance will change if the amount of mY ®nthly payment std the Full Monthly Amo,mt are different. 4. PAYMENTS (A) Tice and Planed Payments I will pay principal az:d irtetest by making payments every month. I will make my monthly payments on the first day of eadr month begitffirg on ,~tJ-„ ' ~ a~ make tt~e paymettta every month until I have paid all the ~p ntereat ~y diarges described below that I may ors order this Note. My monthly payments will be applied to interest before pritrlpal. If I still owe sensate coder this Note an the maturity date, I will pay thoee amounts in full on that date. Those amounts could be grearer than the amt d -my last monthly laymen before the maturity date. I viii make my monthly payments at 2120 South 72td Street, Omaha, Nebraska 68124 or at a different plxe if required by the Note Holder. ADJUSTABLE PAYMENT NOTE 6 MONTH TREASURY INDEX (I - 4 Family) T:WC-024 (qc) (Yage 1} Rev "(Hfi (C.3.F 2)