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<br />ADJUSTABLE RATE RIDER
<br />THIS ADJUSTABLE RATE RIDER is made this 16th day of _~~_ Itilarch ,198A ,
<br />and is incorporated imo and steal! be damted to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt (the "Security
<br />tnsttvmrnt"} of the carne date giver[ by the undcrsignai (tht "Harrower") to secttreBorrower's Adjustable Rate Note to HOME FEDERAL
<br />SAVIN®$ 8 LOAN ASSOCIATION OF BRAND- ISLAND, NEBRASKA (the "Lender") of the same datc(the "Note")
<br />and covering the property desrtibad i[r the Security trtetrument and loeated at:
<br />1312 fdcrth ~ustar, grand Island, i~ebrasica 688C1
<br />-,__ . _ ~--------- (Property Address)
<br />Tate Note contains proviaioes atlowittg Par rhao)}ea In the iotereat rate. If fhe interest rate
<br />iacrtaees, the Borrower's moethh, payetenb will be ItigAer. [f the interest me decrerea, the
<br />Borrower's montblY paytncnts wi6 br lower.
<br />ADDITIONAL COVENANTS. in addition to the ravanant and agreements made in the Security Instrtrmtnq-Btirrowa-and-Letdei
<br />further covenant and agree as fnilaw~s:
<br />A. lN'rER.FST RATE. ANU MONTHLY PAYMENT CHANCES
<br />The Nate provides for an initial ineerest rate o£ ._.1 __.._____"c. Section 4 of the Notc proszdes for changes in the interest rate and the
<br />trtanthiY Payntcnts, as faElows:
<br />4. tlvT£RL:ST Rr9 ?"P AP't):Yft7;vTNL }' PA f';NEi'7CFi.9:i"GES
<br />tA) C6Yye {Alta
<br />'t'he interest rate [wilt pay Wray ef:ange on the .._=~ .__ day of ____~~aY 19 85 ,and-.
<br />ar. that day of the month every _~. __._-.._._ maoths tlrrraa ftcr. Farah date on which my interest raze could change is Canal a "Change Date."
<br />{B) Tie itNea
<br />Beginning with the first Change Daee, my trterast rate will br Natal an an "tndex." The lndcx is the weekly average yield on Uttited States
<br />"iYeasury securities adjusted ro a a;rtstanz rnatunty ofi _____!:~r'~ _ years, as tnadr available by the Frderaf Rtscrve Board. The trtost
<br />rectnt lttdrx f tgure available as of 45 ddYS before each C'hanga Date is tiled the "Current index."
<br />32'the index is tza iottge available. the Natc Natdar w[ki chaasr a rsaw [stdex which is bawd upon comparable infarmakion. The Note Holder
<br />wdil gives ma nati« nt its a-horcr.
<br />;C} Catt~Mion of Ctaaegla
<br />Hefara each C?vmRc f.Yate, the Noce holder well s~3euiata my rtcw interest rate by adding _.~~~nd ont3~~ .al F percentagepoints
<br />{,._.~.~~ =_~,~,_ r~a# to rite Current index, and rounding to the nearest I rg°te. Iha sum will ba my new interest rata. The tnanimttm intucsx tats
<br />on this terser will ix na Vass than ~__--~.~.~= ______°.- o. The maxirmtm mterast rate nn this loan will be na morn than 14 . ~' ._24e,
<br />T1sc Notes Holt#er will then detrrtnme [hr arstauai at the manih?y payment that wauid be suffirlem to rePaY in full rho principal I am
<br />eat.~N«t to owe cat the CYtangr Dais in substaneaily° avast p~aymanta Ny inr maturity date at nsy sew imeraat true. The result of this calciiladon
<br />will bt she now amount of my ntanthiy payment.
<br />(I}g Effacdre IAk of Chaaga
<br />My now intrrr~t rate w4iE Nttettame effectter an each C'hanga Bare. 1 will pay the amount at my new monthly payment 6cgianing on the first
<br />sstonthiy ixymmt data after the Change Darr unti3 zhc amount of my ntonthiy payment changes again.
<br />tk;1 Netteref Cr`hantt}eZ
<br />'l'ira Nate Hoid[x wiE} ntaz3 ae deliver so ma a ncuice brfora eas:h C;hatrge Date. The native viii advise me oi:
<br />{i) the trees mtrrest raze on my taan as of iha Cbangr Datr;
<br />tti) rtes amaunz of my nnxnthEy paYmezet following rtes Change Date;
<br />iiii) any addittcuwi tnattars which the Note italder is regttita~t to dt_~ose: and
<br />(iv) the title and triephtma numlxr of a prrs~n who wilE answer any vuastion !may haves regarding the notices,
<br />s, cNAls; u~ar~i
<br />t,tniform C.avcnam tl of the Security Eststrturraa[ a aturndcd to read as fotlaws:
<br />Z. Civgri;. Ldtaa,l~rrawer shall pay ail taxes, assisstnents, and other ahargas, t;tttts and intpasltiorss attributable to the Property which rosy
<br />attain a priority Duce this Security i ttstrurnrnt, and lcxtscttold pag~,ttents of ground rrtrts, i f anY, in the mtmtser provitlad undue paragraph 2 huoof
<br />ar, if nor; paid in stwSr tnarrner, by Borrower making Payment, when dare, directly to rtes payee [hereof. tiorrawer sfiall promptly furnish to
<br />Lmslea ail ttotiats of amounts dt~ uttdrr this paragraph, and in tttc event Horrowar shad make payment dircctty, Horrower steal} promptly
<br />fttrniah to Lem recciptr, avidmcing such payments. Harrewar strait promptly discharge any iicn which has priority Duct Chia Security
<br />ittstrament; hawevrr, Horrrrwax sha#i not be rsg.uirrd to diseharga any such lsen so fang as Horrowrr: {a) sf[al! agrce in writing to the paymetrt of
<br />'t1[ca#Ii~rion serura~i by s~.rch lsrn itr a manrnr acupzabk to Lemirr: [b) shall in gac+[i faith cvrurat such }ion by, or der"end agains[ anfon~etnant
<br />bt hex-ir*. is~n! praeaeditsg.F whieft in the opinion of i.a[rdar oparatc to prevent rtes anforeement of the lien ar forfeiture of the~Prapeny or
<br />atty~Bafi-tttaecetrfa of (ej s#tail stcuro from the lttrtder of-sac?[ lien an agreamen[ in a form saUSfartory to Lrndrr suMrrdinaung sttrh fs`aa to this
<br />$eacui.Y Ituuutrnatt.
<br />li` i.axxics dnrnnirtca that a1i or anY Veit at zhc Praperiy is svbjac~t [a a lion which mat- a[zain a Priority over this Security instrument, Lender
<br />Sri ~e lkx: i~Yd atuN~µ^c ~leaiifyisggsuch ifan, Harrowax ahsJl satAfy su+~ lever ar sakes sae ar mare of the actl0[ia set forth above wuhin ten
<br />days. ts` [he M"'iig odtita:srxi~.
<br />t'. NO11Cl.
<br />1~~:;:-~ ,.-, : ~:arctaPa i. nr fGs `~..~tc'urir5' instrattt~:t ~ utwnsdtui [c easel ss f;tilaws:
<br />Ii. 'settrtw. 3.> tree soy ncNisr ttaluitad ardor slrpiieaiaia law za Nr given ias atmthrr ttsatsnar. 4a) atty Holies to Harn~rwrr pravtdad Eur to [his
<br />5ea'c:riq f a+er~n~gxt stssdi ! < r , <<y bd tioiiverittg it ar by rrpaiEing tt by krsl aias5 matt ro Hotrowar at the I'ropaasy :0ddra~s ar at stteh azlta addmss
<br />a5r )Sec trf.res n.~r ~'r. ,5pa~: ,~ `~: rgttict is Lander as pravideat ilefkYrr. seed ibF arsy n;>ttct to Latsdar shall br gicaa b1- i}rsi .Easy erzarl to La[tdttt's
<br />aS~aaa •[x3e.1 i ~ .,:, ,:r t#x sx.. ~: ,~. `:r. ,-draarta. lr>,•3ti a~ar drsxgi>tita by naii.°r eta Ikorsuwat as pt'avidad hrrr+n. Aar n~t4r:t Presided flu rn this
<br />xe:w ~rti ter„r. .~, „.,i-.i.e„~.~ttr iagtsr bcat?x:•cr~e~ikarvw~et e+rt.cnde~['whcagWc~ta uk tirw~nzarnv desfrasraaed hcrrsn.
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