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R I D E R $~} ^~ ~~~~'~" <br />NO71CE: THE MORTGAGE SECURES A NOTE WMICH CONTA-INS A <br />PROVISION ALLOWING POR CHANGES IN 7HE INTEREST RATE. <br />INCREASES IN THE INTEREST RATE WILL R.ESWLT IN H1=GifER• <br />PAYMENTS. DECREASES IN THE INTEREST RATE WILL RESII'LT lP <br />LOWER PAYMENTS. <br />This Rider is made this 30th day of March 7984 ,and is <br />incorporated into and shad be deemed to amend and supplement the Mortgage of <br />even date and attached hereto given by the undersigned (the "Borrower") to <br />secure Bflrrower's Note to The United States National E~ank of Omaha; Net)ra5ka <br />(the "Lender"} of the same date (the "Note"} and covering the property described. <br />in the Mortgage and located at Lat Five_(5}, in Slock Twenty Three (23), ire <br />Packer and Barr's Second Addition-E6~Ch~LTt~~T'T~ran sT'an~'1i~11'-Cbu~- <br />e ras a. or race, Grand Is and, ras a <br />(Property Address <br />Modificatrons. to additron to the covenants and agreements made in the <br />Mortgage, Borrower and Under further covenant and agree as follows: <br />A. INTEREST RATE ANL' tv1GNTHLY PAYMENT CHANGES <br />The Note has an "lnltiai Intf'Cesi Rate" ctt I1 3(4 's,, 'The Note <br />interest rate may_t~~ increased or ctacre~~r~~;ed on each Change Uate, as <br />described ~n the :vote. Changes In the interest rate are gouerned by <br />changes en an "Index." The rode;< is the weekly average yield of <br />one Year United States Treasury Securities a lus e o a cons an <br />maturity of One Year. _ <br />_ _ _ determined nlihe'second calendar month <br />preceding each~Change Date. `such chancres ui interest rate will occur <br />an The First of February, 1486 and annually thereafter <br />___ increise~ anti <3ecreasPS in the interest <br />rate are limited to a change of 2 .~ each Chaltge Cate. <br />tf the interest rate , hanger, the arltount of t3orrower`s monthly <br />payments wilt chance as provided in the Note, Increases in the inter- <br />est rate wilt result in f}igher t~ayments. I7ecraases in the interest rate <br />wilt result itt tower payments. <br />El. LOAtd CtiAiitiES <br />It could be that the loan secured by the 1sTOrfgage is subtect to a <br />taw which sets maximum loan rharcles and that taw is interpreted so <br />that the interest or other taart chzu-s~es cotiecled vr^ to be collected in <br />connection with the loan would exceed permiltF~d limits. to this event, <br />then: f a) arty such roan ctlar•ge shalt be reduced lay [he amount <br />necessary to redoes the charge to taerrnRted trmit; and (b) any sums <br />already collected from Borrower ~+l~ich exceeded permitted omits will be <br />refunded to Harrower. : ender may choose to rnake this refund by <br />redtr'tncd the principal owed under the Note or by rltakirlg a direct <br />payment to Eorr^ower. <br />C. TRANSFER t}F TtiE PROPERTY <br />ti there is arty transfer ct tt,e property, inctudlrlg a transfer <br />deSCfFt~d in Paragraph ;J of the tvtortgage, i_nnder array require either <br />--~ - all. tnCrea.$e in the CUrc'ent Note +n terF;St rate, ar. Increase in the Hase <br />_ trgcleac €it~ure, or a charsge of any of the Icran terrat5, a:~ a c~:;ndition of <br />r<eer _wai~rtlg, the optit3n to aecetfxrrtta prnvrdcd in Paragraph t7. <br />try slgtaing thfsr. ERt~rrowr~r agrees to alt of ttte at~ove. <br />.~~_: <br />Lonntt ~"~~_.____.V..__4~o~c-pwer <br />~~t ~ ' <br />l~ e~ <br />' ~ Vl $11~yt1C ~~~ts~.pti57 I..,._~ ..., ~- ~. ?rt'OwL~r -~. <br />