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~`'~' 001792 Loan No......-STA89 ~-.lg.... r ADJUSTABLE RATE LOAN RIDER NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE. IN• CREASES IN THE INTEREST RATE WILL RESULT IN HIGHER PAYMENTS. DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS. This Rider is made this ..._5.tkl...._...... day of .....-...__.i1pl~,l....__--------.., 19....-8A and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Setvrs Debt (the "Security Instrument") of the same date given by the undersigned (the "Bortorver") to eetalrra Baer rower's Note to ........._.._-.. _..--- -- -- ..............._..-......_._....._...-......_............_.-...--- -- -.._.._..........,......_.~....... First Federal Savings.--and.,Loan,-Aasociation.of,Lincoln, a Onited Staten coipotatian (t.he "Lender") of the same date (the "Note ') and covering the property deacrihed in the Setarritq Iratsn- ment and located at 5.~8_.uesc_ ~2._... _-..____ ._... - .... ____..Grand...laland...--Nebzaakw..fib~.Ql...._... Property Address NODIFIC:\TIONS. In addition to the covenants and agreements made in the Security Instrument, Bor- rows.- and Lender further covenant and agree es follows: :\. INTEREST RATE AN'D MONTHLY PAYMENT CHANCES The Note has an "Initial Interest Rate" of_......11.A~J~.-. ma Interest rate changes may occur on the ist day of - ..._._..----..-__-_._.AuBU-st._.._, 19...$S. and on the 1st day of ._ .... -..._..._._...__.Nsz-vemher.., 19--$5.. and on the let day of .__...._.--..._....._I?abxuATat... 18__$k and on the 1st day of . ._ _......___......._;fax..._..._..., 19...64. and on those dates of those month in ever yeor thereafter. Each date on which the rate of intmest may change will be called a "Bete Change Data'. Changes in principal and interest psymenta to adjust amortization of the loan to correspond vrith interest rate changes shall be made on the 1st day of .____ - ......-._.__.._-May..._.-._ ..., 19..Sfi. and on that date every ------ ~-earfs) !hereafter. Each date on which the principal and interest payment m.y change will be called a "Payment Change Date". Changes in the interest rate are governed by changes in an interest rnte index called the "Index". Check Iwx(es} to indicate Index. t t) " ` "Contract Interest Rate, Purchase of Previously Occupied Homes, National Average for all Major Types of Lenders" published by the Federal Home Loan Bank Board. 1'?) ~; .Ad. eutahl.e-Ante. No.tee - 'lunthl ...av~ta 1 y ~..yield..on..U.S..-_Treaauxy..Secusa.tiea. ad jus.txd .ta_a_cnnstaa[..-maturity_of-. L year published .by...the-.Fedecal..Beaecv~e_.Eossd. ................ Check boxlea) to indicate limits. t 1 } ' _ If this box is checked, there will be na maximum limit on changes in the interest rate up or down. 1'he Preliminary Rate rrferrecl to in the Note, will be the new interest rate. t2) [' If this tx,x is checked, the interest rate that l pay shall not increase more than __..._...__.... Ix~nY:ntage point, on any Rate ('hangs Date. (3) ' _' If this box is checked, the interest rate that I pay shall not decrease more than ...-.-_._......... percentage points on any Rate Change Date. (4) ;~ If this box is checked, the interest rate [hat I pay shall never be mote then -...13_9.SQ...~, during the period I have my loan. t5) ~ If this bo: is checked, the interest rate that I pey shall never be less than ....t)....._._....~ during the period 1 have my loan. (6) 7 IE this lwx is checked, the principal and interc~t payment that I pay shay not increase more than percent un any Payment Change Date. (~) „_' If this bux is checked, the principal and interest paymeni that 1 pay shall not decrease more than .. percent on any Payment Change Date. The monthly payment amounts will also change on Payment Change Dates as provided in the Note. Because payment changes may occur less often than inierest rate changes andjor may be subject to certain linutations described in the dote, the monthly pay-menu may 6e insufficient at times to }}wv accruing interest. In such case, unpaid interest is added to the principal balance of the Note and it.~lf will accrue mtcxrst thereafter. ~,, ~„ +aa u ~ - ~ ~