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<br />84=---~ 0U1 4~
<br />.Coen No...-_.Sfi638=~"-1•&•:•:.
<br />ADJUSTABLE RATE LOAN RIDER
<br />IVOTICF.'-1`HE`SECU"RITY INSTRUMENT SECURES A NOTE R'HICH CONTAINS.
<br />A PROVIS~f?N AI:L4)WII~TG FOR CHANGES 1N THE INTF,ItEST RATE: IN-
<br />CREASES IN' THE INTEREST RATE V~?ILL RESULT IN HIGHER PAYMENTS.
<br />DECRI'sASE3 IN THE INTEREST RATE WILL RESUZT IN LOWER PA1~'MENTS.
<br />This hider is made this _._.-:1.'~~?........ day of ......,_.....-.-°--.. _151......-.r_ 19..8:1.., and' is incorporated
<br />into and shall he deemed to amend. and supplement the Mortgage; Deed.. of 'Crest, or 7A~ed to Secure Debt
<br />(tl~e"`Sepmity`Instn~raent") of the same. date given by the undersigned {the "$ortower") to secm+e Bor•
<br />rower's Note to .:.._...__ .................._°°--°-_..,.---°-•._.....__.......,.......:::.:_.-•-°_..._,.~:...........,.:.:...-..- - -
<br />........
<br />Firat Federal Savixtg,s-.and_Loan-assgciacion-af..Lincoln,raUniLed,Stgt_¢s,corporatio^
<br />(rho "I.endex"} of the same date (the "Note") and covering the pmperty-deaiarxribed in the Security Instnx=-
<br />meat xurd located at ._ 143.4, North, Loeust-_ ....................._...........Grand..Island:,-.Nebraska,.b88D1..-_....
<br />Property Atldzess
<br />MODIFICATI©NS. in addition to the covenants and agreements made in the' Seenrity Inafrument;:Bor=
<br />xvwer and'Lender further coverunt and agree as foIlows:
<br />,4. INTEREST RATE ANI? MONTIiLT PA] MENT CHANGES
<br />The Note has an "Initial Interest Rate" of...._._-l.L..Z54-..gc
<br />Interest rate-changes may octnu on the ist day of .._._...._.__ ................Ixt1X--.-----.-., 19...86 and on the
<br />Iat day of .......-._...----.---...__.An.Gnber._..., I9..8b.. and on the let dap of ............._-..........January__._, ],9.._SZ~
<br />and on the 1st day of ....---..-_ ....................Bpxll..,,..---, I9._8Z, and on those dates of those months in .every
<br />year thereafter. Each date an which the rate of interest may change will. be called a "Rabe Change Date'.
<br />Changes in principal and intezeat payments to adjust amortization of the loan to cornspond with
<br />interest rate changes shall be made an the 1st day af ..___..-._..._ ..............Apyi1-----......., 19.gZ_ and. on that
<br />date every .....-.--.----.... year(s) thereafter. Each date on which the principal and interest payment map
<br />change will be called a "Payment Change Date".
<br />Changgn in the interest rate axe governed by changes. in an interest rate index called-the "Indea".
<br />Check hox(~) to indicate index.
<br />(i) r-; "Carttract Interest Raic; Purchase of Previous[v Occupied Homes, IvTational Average for all.
<br />Major Types of Lenders"`published by the Federal--Home Loan Hank Board:
<br />(2) ~ ..Ad.7.uerabie..(3a.te_hats._-.,19nnthly.,-vex:rigs..,yie.lr3_.nn:.La.S...Tzeaaury.-.SecutilC~.es..
<br />ad bus.CAA..ktt,.a..~,anaisaL..maturi#.y...nl ..1. _yea.r.-pulziish~d ..ham..the._iedera.l.lteae=ue..T3.oard..,.... ,.....w...
<br />Glierk )x~{es) to indicate limits.
<br />(1) y Tf this boz is checked„there will Ire tw maaimum.fiamit an changes in the interest-rate up;ot
<br />down Tho Preiniinary Rate referred to in the Note, wilt be the new interest rate.
<br />{2) ~ If this box is checl-ed, the interest rate that I pay shall net increase more than .............
<br />percentage points an any Rate ('hant5e Date. -..,...
<br />t3j ', If tlxis box is cheakod, a interest- rate that I pay shall not derreeae more than ....................
<br />pert~ntAge p{~ints on any Rath Clsttge Dike.
<br />(l) (~ If this twz:is checked, the intexeat-.rate tlwt I pay shalt never be,more.thaa>..-2.3.-9-SS+,.=~o
<br />~iuxi;xK the period I have nYy [cep.
<br />(li) -[~ If Ibis box is checked, the interest rate that-I pay shall never tie-less than ...~,:45p.-°-~,
<br />during the period I have my kraa.
<br />(~' -~ # -flue bcttt is checked, rho principal and inlorest payment that I pay shall- not increase more
<br />than ..,........_...-... penerxt an any Payment Change Date.
<br /># 7') [j # tbiur Iwz is, chocked; the principal and interost payment that T pay shall. not decrease more,
<br />than _..,. ., percent an any Payment Ghange Date.
<br />~'he msnrthlj•, ppaeyment amounts will ales change an Payment Change Dates as provided imtbe Nate.
<br />Ilecauue pacymcmt ctiaxige~ map occur leas often thaw interest rate changes.and/or.rnay be subject to certain
<br />limitations dew=rilaed xn the- Note, the monthly paymenu may be. iusu#6eienL at times to pay accruing
<br />interest. In such, case; unpaid interest is added to the principal balance of the Nate and itsrif -will accrue
<br />interest. tlsoree#ter:
<br />rases
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