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g4 .,~.,~ 0016~~: 7 R I D E R NOTICE: THE TRUST DEED SECURES A NOTE WHICH CONTAINS A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE. INCREASES IN TtIE INTEREST RATE WILL RESULT IN NIGHER PAYMENTS. DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS. This Rider is made this Zlst day of March 19 84, and is incorporated into and shall be deemed to amend and supplement the Mortgage of even date and attached hereta given by the undersigned {the "Borrower") to secure Borrower's Note to The First National Bank of Grand Island {[he "Lender") of the same date (the "Nate") and covering the property described in the Mortgage and located at - SEE EXHIBIT "R." {Property Address Modifications. In addition to the covenants and agreements made in the Mortgage, borrower and Lender further covenant anal agree as follows: , A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Note has an "Initial interest Rate" of i2 "~. The Note interest rate may be increased or decreased on each Change Date, as described in the Nate. Changes in the interest rate are governed by changes in an "Index." The Index is the weekly average yield of Dne Year United States Treasury Securities a use o a Cons an maturity o ne ear. :ietermined in the second calendar month preceding: each Change Date. Such changes rn interest rate-wilt occur on The First of February Commencing February i, 19$ti tncreases and cieereases in the mteresf rate are limited to a change of ~ ~, each Change .Date: It the interest rate changes, the amraunt of B~S~eroaaeer~s monlht~r payments will change as provided in the Nate. lncreasestri the in~er- eSt rate wits result in ttigner paymer~.CS, [?eCreabes in theinterlbt rate ~ - - witl result in tower payments. 8. LOAN CHARGES It could !ae that the town secured by the Mortgage is subject to;a taw which sets maximum loan charges and that law #s interpreted so that the interest or other loan charges coite:cted or to tae collected in connec-Lion with the lean would exceed permitted limits, in this event, then: {a} any such roan charge shall be reduced by the amount necessary to reduce the cfrarge to permitted limit; and. {b,} any sums already collected from Borrower which exceeded permitted: limits yeil'I be refunded to Borrower, Lender may choose to make this refu(3d t3ti reducing the principal owed under the Note or by making a direct payment to Barrawer. C, TRANSFER OF THE PRL?PERTY If there is any transfer of the property, including a transfer described in Paragraph 17 of the Mortgage, Lender may require either an increase in the current Note rntere5t rate, an increase.in the:$~se -index figure, or a change of any of the ttaan terms, as a condition of Lender waivi;ly, the option to accelerate provided in Paragraph 17. By signing this";„ ktorr~awer agrees to all of ttse above. '£~~, ~ ~,,r~nidad ~~ Apui~larr ~, ~~ t` i n nn;~.'~.~',""1~tijlnrftoik~ower.__.,....