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84,..,.,E 00195"1 ADJUSTABLE RATE RIDER THIS ADJUSTABLE RATE RIDER is made this 9th dayof Apr i I .19__84:, and is fttcotporated into and shall bt domed to amend and sttppkmrnt the Mortgage, Dad of TrtM, or Deed to Secure Debi (the"'SenuffY' latrttment") of the satne date given by the uttdersigtted (the "Borrower") to setwe Borrower's Adjustable Rite Note to- HOME ~~:-. SAVINGS fi LOAN ASSOCIATION OF GRANS ISLAND, NESNASKA (flu "Lendef'7 of thesamedate (the "HdNC"1 and coverieg the property described in dte Security Inatrumrnt and looted at: ' 2211 W. Louise, Grand Island, Nebraska 68801 (Property Address) The Nete csatahs prot'6loas aNewtag for chaps h tie Itttereat tale: If-fha Ir.MraM-Ma~. faenrea, the Benowerb taauWy Oay~D wIM 6e rtGhlr. It the htterett taae rletnattsr M! Borrower's raoathly payseata w81 tre tower. ADDITIONAL COVENANTS. In addition to the covenant and agraments tt[ade in the Security InBrumeor, Bex[Owet'uod'LaMte[" further rnvertant and agra as follows: A. INTERPST RATE AND MONTHLY PAYMENT CHANGES The Note provides for an initial interest rate of I I -'/s. Setroon 4 of the Note provides for charges is the intaeu°rate~aad'the-- tttonthly payments, as follows: ~. /NTER£STRATEANDMONTHLYYAYME,VTCNANGES (A) Cho{e Dasa The interest rate l wUl pay [nay change on the I st day oP June 19 &5 ., noel 0o that day of the month every I L months thereafter. Each date on which my interest rate could chauge is oiled a "G7uoRa-D~" -- (i! Ttte l[[[ira Beginning with the first Chang[ Date, my interest tau will be based oo an "Index." The Itt~tt is the watly avertge yiew on Uttitad Seta. Treasury securities adjusted to a constant maturity of one Years, as [code available by the Federd Reserve Board. The mat retxttt Index fgttrc avaUatrle as of 45 days before each Change Date is called the "Current Index." If the Index is no longer available, the Note Hotda will choose a new index which is based upon comparable information. The Note Holder will give the no[itt of its choice. (G7 Caktdalloa of Clangs Before each Change Date, the Note Helder will alculau my new interest tau try adding t WO and o n2-ha I f ptxeatptlrpaio4 w.... ( N) to the Ctutrn[ Index, and rounding to the nearest 1189s. Tht sum will be my new interest rata The minimum inlaracrata . at this [Dart will be no less than 9 • = ~. The maximum interest rate an this loan will be rto more that 14 .-5 ta. Tlu Nou Holder will thrn dturtnitte [he amount of the monthly paymrnt that would be sufftctmt to repay in full the ptie¢ipl 1 am expeettd to owe on the Change peso le substantially equal payments by the maturity date a[ my stew intertu tau. The fault of [hit calculaGoo will be [he new amount of my monthly payment. (D) I•YtaANe Dtle o[ Cba{s - My new interest tau will become effce[ive an each Charge Date. 1 will pay the amount of my new monthly payment begiaairg on the Brat monthly payment dale after the Change Date until the amount of my monthly payment changes [[gain. (FJ Natke of Chaapa The Nou Holds will mail or deliver to mr a ttoutt before each Change Date. Tht notitt will advise me of: (i) the tow interest rate nn my loan as of the Change Dau; (ii) the amount of my monthly payment foUowutg the Charge Date; (iii) arty additiartal motets which the Note Holder is required to disclose; attd jiv) Che tick and telephone numbu of a person who will answer uty question 1 may have reguding the notrtt. L CNARGFS; Id6Pl5 Uniform Covataot 0 of the Security Instruaxnt is atnended to read as follows: I.. (:har/aa; lies. Borrowu shall pay all [axes, assessments, and other charges, fines amt impositions attributable to the Proptrty which may attauu a priority over this Security Instrument, and kasthold payments of ground rents, if soy, in the matuur provided uttda paragraph 2 hereof a, if not paid in such manna', by Borrower malting payment, when due, dirtxtly [o the pays thereof. Qprrowa shall promptly furnish to La(da aV nWittx ai amounts dot under this paragraph, and in the event florrowa shall make payment ditecUy, Borrower shall promptly fwaish to Ltada tetxtipu evitkncing such payments. Htxrower shall promptly discharge any lien which has priority ova this Security hturumeat; hosvevw, Borrower shall not be required to discharge any such lien so long as Borrower: (a) shall agra in writing to the paymrni of the ahU{atioo saursei by such lien in a ntatuter acceptable :o Lender; (b) shall is good faith wntest such lien by, or defend against eofortttnrnt of sorb lirn io, loyal procadinas which k the opinion of Lender operate to prevem the enforcement of the lien or forfeiture of tht~Propaty or arty part thereof, or (e) shall s~uu from the haldrd of such lien an ayrcemrnt in a farm satisfactory to Lender subor'dinatiny such Urn to this Sernrity itutrumeat, If Leader dttetrmittas that all of any part of the Property is subject to a lien wlutii may attain a priority Derr this Security Irtsvumrnt, Lender shag y!ve Bo[rower a rtoikm idrntifyuta such lien. Borrower shall satisfy such lien or tale[ one ar more of the actions set forth above within [rn days of the yivirg of the notict. G NOTICyi (htifarrrt.C+'in+tnant lint .2te _['ia•urit> Itsstrmrteni tr amended to rtad as follows: f1, Ntttlar. Ertcept ftr any natrtx rtquiral under appticahk law ra be green irr another manner, ia} any naucc w Borrower prurnitd fur :n this Sietuity Itutiuttsmi ahaU be yivym by drliva[tta It or Dy ousiltt[y ii by firs[ class wtd to BWrawei at tht Proptrty Addressor a: such a[her addrtss Yes BntrrYwer may diaugnatt by notivx nt LerWer as piavided herein. and {b) any notice to Lcndrr shall bt ytvea by tirsi lass mail to l.rnder's address s[at[xb t+aein w [o arsch other addrtss as Ctat(tr may tltsiyrw[c by [entree to Uorrowu as praridtd ntxtin..~ny nester irruvrstdi far in this Sat.-stay lnstrunrrnt shall ba itcctitec? to Tuvr t~3x ycven [a Borrower err l..srrdtr whoa ri *~tn ru the mawucr 1es:ynattd nerrr.~.