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1 <br />ADJUSTABLE RATE RIDER <br />$4..--+ O~I~; ~ 5 <br />TIItSADItSS7'A$I.ERATERIDI?Rtsmade#his ~rtf~ daYOf Irlarrh , 19~_, <br />and is ineorptarated into aad shall bo deaned to amend and srtppiemem the Mortgage; tXal of Truat, ni Dced:.to Sec[frt Debt (the ' `Sewriry <br />IuStturntint")afthts[mtdahgiven•bYthe~nndersigned(tha"t3ortnwsc"')tosacnreBoergwer's-AdjpsEatikRUe-No[eto HOYEFEDEpAI~-. <br />SRI/INSS"i IOAN AS80ElATION OF GIfANQ'l9LANQ,' MESR~SKA itht"Lcoder'.loftbt:aamedate(ttie'•Note") <br />and covaiag the property desen`bed in the Seru'ity irastrmaent and located at: - - <br />_ lab North i-ocust, Grand Island. NE 6$$Ol <br />tPtoptrtYAddtess) - .. <br />The Nate rnataie tsrovfalooa allowing for cfu[yts is tie tste[tlt raM, I£iie--IaAaeat nfe-- _ <br />iaetraata. the Seryawer'a sootltb wyaa~awilt-irMgYer. It-tie iakteai:ra~ [kesii[sA..tk-, - <br />8arre.rer°a tsosWN Sgrmtats.r3B 6c tower. - <br />ADD3TIONAL COYF.NANTS. ]n atiditian to ilte covenant and agtaxmmts made in the Security Instrummt;:BOttntva~ andLeiittlar~ --- <br />furiha rnvenantand agm as fou,o-ws.: - - - . <br />A, LNTf1tPST ttAT)H A;VD MOiVI'HLti PAYMF.N7 C'HAN(>F5 <br />Tht Natt ]sravidea for an initial inttrtse cart of _ 12 ..._.. <br />monthly paymertts, as fottows: <br />wa Stdion 4 of the Nou provides far changes in [Aemteresl titeruid'~te'~' <br />i, 1?a'Tt?ti&ST R.4 TIi Ait'L3 A4CJ,•STHL. Y Y.4 Y'.'FfE!a (f'. f.4h'GES <br />LAl Gee Da4e - <br />The intatst rate i wiu pay may change on the __~~__5 [~.,._.~. day of ._.__~~_ ~.3Y 19:t~._.and:. <br />on that day of tlat month tarry.._- '~ ~ ~ annnttas thaeailtr. Each date an which my Smsest tart cautd Change is ty1i~ a' `Change IFate:" <br />ter T1e t.saa <br />Stginning with ttu first Change Data my tnureu rate wrSl he based nn an `"index." The tndtx is the weeltly average yield nn t3nited Stales <br />Treasury stcuritlts xdjuszttl to a wnstam [naturrty of ._..-_--_;.tu~.s__ years. as made available by the Federal Reserve Board. `The man <br />rtaxast Itulex fcgtve availahlt as of 43 days hrttsrt tack Change Date is rafitd the "Currrnt index." <br />If the Fndat u no latrga availaWt, she Nntt Holds wrSl chaast a new mdtx which is based upon campatable information. The Note Flotda <br />will glut mt natict of its charce. <br />fC) Cakrlatloa of t~anges <br />tkfore each aThange t}att, the Nntt Ffolder wilt catcttlatr my new intcreCSt rata by adding _ -t^rac+ :an+i nno_t.o t 1' ptrcentagepaiata <br />(, ~ . 5 ~_____?'s} to iht Cu:rtnt lasdex, and rounding to the ntartct ! /H5.-. Tut sum will be my new interest race. Tht minimum intsesi rate <br />an this loan wilt br am lts*. t iron __. ' ~ v~, ai. The maximum intesast tact on this loan wilt tx no more [ban ~,$„ nn _ 9r. <br />Tltt Note Hakttr viii then dttamtrtc €ltt amount of the ttn'snt}tly payment that wautd be suftlcicnt try repay in fuu the prfndpal t am <br />ttePe'tttxl to awe an the C"hange Crate in subszanrsailY t+'tuat paY'menrs tti~ the maturity dart at my new inttrtst rats. The result of this caleufation <br />wtN be ttrt new amoum of mF monthly payment. <br />fDr C1ferUre Date et Giaagea <br />My now intatss rate will become effeaivt on cacti C haagt Date. S will pay the amount irf my new monthly payment btgtnning on the firs[ <br />monody paynatat chic after the C'hattgt t.~tt ssnnt the amount at my monthly payment tttangts again. <br />(Ct3 Nance of f:LpK;a <br />fiht Hatt Hotda wilt mat[ or tkiivtr to mt a [tatsc t bt€att tacit Chaagt Dale. 7`ht natiec will advise mt at: <br />ti} the rites intatst rate an mY lnazs as aF rite Change Datt: <br />(ill Uri artroun[ of my m®n[hly payment 9bH~>*+ang [ht C:hangr 1)ats: <br />lilt! any addiaanal titateers which the dWxa Hatdcr is regmred to disclose; and <br />(iv} the title and 4eltplxaese rcnntbcr of a ptxsan who whit actress any gteestian i ma,Y Stave regarding [he nmitx. <br />R. C,HAp6BS, IlE.NS <br />Y3niforsn Covenant A ai tha ScenritY tnstrvment u amtndetl to read as touaws: <br />~• CAargae; i.kaa. Saxroww shall pay au taxss, asstssmenu, and oohs charges, Pints and imposuiniss attributatrk w the Property which may <br />attain a pritwsty over this Security tnstrumest, and ttasthold DaYmmu of ground rtnu, if any. m the manner provided under paragraph 2 hereof' <br />or, if not paid in corn manttu. by Saerawa marring paYmtrtt, molten dui, dittctty to the payer thereof. Borrows shaft prompUY furnish to <br />Lttsda ate notices of amwstnts dui under this paragraph, and in the event Sorrows snail make paymtm directly, Etarrmvs shad promptly <br />furnish fo tasr~a reaxipts tvidtutmg sttzlt payttretus. A,.rrrawa shaft promptly discharge any Elea avh~h has pnarity ova this Security <br />Inatrr~nsestt: tsoweva. Borrower shaft trot tr rtquutd to dis:.hargt any such iitn sa tang as Sorrows: f a} shall agrtt in writit[g [o Use payment of <br />ibtit~ptian arturtd by :rtah Ilea in a manner act^epzabie to t.trtder; (tr} shall in goad faith oanttst such tirn try, err dtttnd against eaforctment <br />of it[gi Rtttin, kgat praetteditsga which in the opinion of Linder operam to prtvtnt the tnfarerment of the hen err {arftiturt of the Property err <br />a~ ~tt6't~R'tnof.; ~-fpD S3talt sts"strc €ttnrt the hatdtr of such urn a$ agreement m a form satisfaetorY [a t.enda subardinatintt such tics [o this <br />Sanrtty Imn[suasent< <br />If ttoda determiner ilmf alF or any part of the Property zs subject za a hen whicta may attain a prinrisy m's [his Security tnstrunsent, l.tnda <br />'st.ail ([i.e:lk~teowxa• a aortic i~uif>tingstrett lien. Scxrnw~r shad satisfy svcit !itn or take not or mnre of the acnnns see earth about within tto <br />Capsaf thagivSrtttof~thtngt~t. <br />~. <br />[3tdltxrtsC.tn+artant 11 of tttt ses;ssrity lr€trruntrm is auttsatsfed to reaad as foStaws: <br />I4. ?!Eiltaa, Stc-srt ! c~any mount rtxtttirtd tuxder' apfrtStaLrle ~w to ht giaxn itr another maatttr, tat any ttotiat to Sorrawtr prtxvidtd tar m this <br />lastruzewrr+ .1w1[ ~ ~rytn'by dativas'ing h ~ b3` mailing H by >'irst glass mail fts Ilorr€>avtr at the Property Addt`txs m at such other addrtas <br />ltatr ~7 dt~iam[aa b8 tratW~ to lawda ax provirh# tttr~n, and (b) say ntrtitx~ to Linda stralS tx gr±=te h3' first e~lass no-att to l.tzxfa's <br />~.sduaal:hsre.n ~.; €ats..s~A:+at§ttraddrevp;rt t..tttdtr rrtaydtoigrtatt fry rrzttteieta BKxtrawsr~ as prnatdtd fttretn, ArzY notice pravtd~# tar m this <br />Y Ittet rvmerr? xl:n"tI ter decnt+sd ttY !rater tart aivtzt let Bortwwtr err i.cndtt whirr fd' Yn fist manatee elestiptattd f:trrtrr. <br />