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$4~' 002-040 ADdUSTA;BLE RATE RIDER THIS ADJUSTABLE RATERIDERismadethis 10th dayaf Anril l9~Lk_, and is incorporated into and shall be dented to [[mend and supplement the Mortgage, Dad of Trust, or Dad to Savre-Debt. (ties"Security Ittswment") of the same date given by the undersigned (the "Borrower") to sexwe Borrower's Adjuesable RateNacto FIOIIE~leEb6tAl >:AVf1188 E LOAN A88OGIATION'OF tiNANDiBLAND, NEBRASIUI {the'•I:ender")oftii;sametJate(the"Nuts'-') and ewvsing ~ ProPstY described in the Saurity lnswrtrem and located at: 14177 North Lafavette Grand Island, Nebraska- 68801 (Property Addles) Tie Note oootWs provliooa ~g far cYYrles-i•. dle9olaeeM^n4: IPtYe~hrgtliMt`r~ - loooruro, tie Ronower's sootily Itn)saenss wIR ie hlgiat. If tie ioleceal oar<tleRSaosoa; fia^ Rarsower's soolYy paysnb wlit ie tearer. ADDITIONAL COVENANTS. In addition to the covenant and agrcemmts made is the Security Itwrummt BbtYeiwef and` Isadtr further covenant and ogres as follows: - - A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Note provides for an initial interest rau of 12 %i. Section 4 of the Note provides for-chaoga•iatic<fptarst rate aod.tie tttonthly payments. as fetllows: 1. INTEREST RATE AND MONTtlL Y PAYMENT CHANGES (A) CWgeOats The interest role I will pay may change on the 1st ~p of Tune _ 19 _Q.`.L . and w that day of the month every l Z momhs thereafter. Each date on whkh myinte:rest rate could chaugF-is t.IBjFa "t7Yoie Do1e•" (R) Tie haiea Beginning with the first Change Date, mY interest rate will be based on an "tntlex."The Index is the wexkty ovarage-yidd.on:unifed Stetaa Treasury saurities adlusted to a constant maturity of one years, as [Wade available by tie Feelenl lttaerveBoatelzTie rtaost trx:ent Index figure available at of 45 days before each Change Date is called the "Current Indat." If the Index is no longer available, tie No[e Holder wilt choox a new index which is based upw cwtparabk inforostian. TheNotaflaider wilt give me notice of its choix. (Q CakolatlooatCiortisa Before nch Change Date, the Nate Holder will talndate my new interest rate by adding t hraa and nna-~jf peraatape pontes ( 3.5 9a) to the Current Index, and rounding to the neuese 1J8SL. The sum will De my new_intsatrate. The tninjmum intact tale w this loan will be no toss than 10 R. The maximum interest rate on [hies Iwo will be_nomorrthan:- 1 &, ~. The Note Hobs wilt then efetermiae the amount of the tttomhly paytnent that werttld be sufficient to reply, in-fulli`:[he prtu4ipal f as expxted to owe on the Change Date in substantially equal payments by the maturity date a[ my tuts interest rate; 77u result ottbis cUtatWiort will be the new amount of my monthly ptyment. (D) EfhuliveDateot(.'Wges My cew interest rate will become effesive w each Change Date. I will pay the amount of my cew rttwtb-y wyment bt;iaajgg.:on,the t'ust mwthlY payment date after the Change Date until the amount of my monthly Iwyment changes again. (E) Nettloe of CiotKaa The Note Hoker will mail or deliver to nit a notix before each Change Desk. The notice will advise Ice oC fi) the new interest rate w my loan as of the Change Dak; (ii) the amount of my monthly payment following the Chturge Date; (iti) any additional matters which the Nok Holder is required to disclose; and (iv) the tltk and te:kphoce number of a person who will answer any question I may cave regarefiog the nolfa. ^ CHAR('64; LIENS Uniform Covenant 4 of the Security Instrument is arceoeled toread as follows: 4. Cgaryea; Linos. Betttows shall pay all taxes, assessmenw, and other charges, finis and impositions attributahk to the Property whidt may attain a priority ova this Ses:urily Inswment, and leasehold payments of ground rents, if my, in the manner provided under paragraph~2 hereof ex, if not paid in such manner, by Borrows nuking payment, when due, directly to the pays thereof. Borrower shall promptly turrtish to 4•apder aB notices of amounts due under this paragraph, and in the event Borrower shall make payment CuecuY. Botrowa. a6gY prampUy furnish to Lender rex:eipts evidencing such ~paymenis. Borrows shall promptly discharge any lien which has priority ovs this Security Lutrument; howevu, Ibrrower shall not be required to discharge any such lien so long as Borrower. (a) shall ogres in writing to the payment of #Le olitigtipn sgcnreti by such ties in a mamer acceptable to Lender, (b) shall in good faith conteu such lien by, or defend against enforcement =of such Pen,in,, legal proceedjngs which in the opinion of Lender operate to prevent the enforcement of the ben or forfeiture of the Property or any. part tbareol; or (c) shall secure from [he holds of such lien an agrament in a form satisfactory to Lends subordinating sue;h lien to this Security lnstruQtent. 1(~Letrdei elSterm)rres that all or any part of the Property is subject to a lien which may attain a priority over this Scettrity Inswment, Lends a1ltlCgive Ibrrows a not)x identifying such Lien. Bottowsr shall satisfy sw:h lien or take one or more of the actions se[ forth above within ten Clays of the giving of the notice. G. , NOTICE Uniform Covenant 11 of the Security instrument is amended to read as follows: 14. Hake. Except Pot arty trot)x reNuirexl under applicable law to be given in another manner, (a) any notice to Lorrower provided for in this Security Instrnntent shall he given by delivering it or by mailing it by first class mail to Borrows at the Property Address or at such other address as Borrower may de:sigsak by notice; to Lender as prnvided herein, and (b) any notice to Lender shall be given by first class mail to Lends'x re~SSttrted hexein or to such other adelrtss at Lender may designaee by notice to Borrows as provided herein. Any notirr provided far in this Securtty In@tnrmcnt shall be deemed to have been giver to Borrows or Lender when given in the manner designated hsein.