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84 - 002264 ADJUSTABLE RATE RIDER TffISADJUSTABLERATERIDERismadethfs_.__ [5th dgyof A3ri1 ,14~_, and {s incorporated into and shall be deemed to amend and suppktnent the Mortgage, Deed of Trust, or Deed to Secure Debt (the "Security Instrument") of the same date given by the undersigned (the "Borrower") to seanrc Borrower's Adjustable Rate Note to NOME FEOEf1AL SA111N6S i IOAN AE30CIATION OF DRANO iSLANO, NteSRAEKA (the `•[.erider") of the sane date (the "Nom") and covering the property described in the Security Irtstrtlment and located a[: 52~ past iStr,, Grand ?stand, Nebraska 6881 --~ - --------~---_-- --------- (Property Addttssl The Vote roalalaa ytorlYana alNwiag to ahaages in the laeerut n4. li IYe tatseM rNs ineeeases, l4 Boeetnrcr's esaeVy ~ rrdR Ye tlNar. If the ialw'aR taM be'sasa. Ha Borrower's asantYy ayaetmp rrli k tower. ADDITIONAL COVENANTS. In addition to the covenant and agrtanen[s made in the Security [ruwttleat, Berrorta sad Lesda feather covmartt and agfee as follows' A. INTF.i~'Si7 RATF. AND MONTHLY PAYMFJY7 CHANGES The Nae provide for an initial intcret rate of .~~_ r+'s. Section 4 of the hots provides for cttal[ges in the fMaat tau sad the rrtonthfy papmrnts, as follows 1. /NT'£REST RA TE AND bIO,NT/iL F f -i )'tt64 T t "N.4 NGES (AI Chatage Dues The interest rate 1 wilt pay neat' change on ttrc -_~~.______-_. day of .- .. It the 14.,$:L_, and as that day of the month every ____-~.___._ rnonchs lhereafts. Fach date on which my iltteret race cmtW chu[ge u called a "Charge"Date:" iSl The toles Begtnneng wtlh the first ('hangs Uate, my interest rare welt be based on an "Irutex." The index is the weekly average yield oet f.ioittrd Suns Treasury secunues ad)usted {o a constant matun:v of ___ __ yeas. as [Wade available 6t' lets Federal Reserve Beard. The meR reaem Index f•.gure uvutabk as of IS davs before each i hangs Uate xs caned the "Current Irtdea." !f the Index es ao lenga avadaWe, : he Nrxe Hutsfs weir choose a reeve index whrch is based upon comparable mfdrmaadn. Tht Note HOWs wilt glut mr n~rtrr OI xry cfroke IC1 (:alewtatlnw of C.hartgrr Heforc each Change i3alc. the Naxe Redder wt0 t'aict[iue my new mtersat rate by oddity __ perenuyepoiua t._..~..::._.,._ ___ _.._ ~) w [he C urrrn[ 1 tsdea, and rounding w the nearest ); g9~. The sum welt be mY new intercat nee. The tttiaimum foterrt rate un [hts lratn well be eta irss than . __._ ..,~__. __._-_ -__°. The tnazrmuin misest rate on this loan roil be no tress than _j,(y~__rgt. The ?vote Hokder well then deterrrunc the ^mount of the munthty paymrnr that would be sufficient to repay in fidl the prlocipal t am ezpested to owe stn [hc ~ hangs Lhtr m suostantrally sfual payments by the [natunty date at mY rrcw interest rate. Tht result of thB caicttla[ton wr{I be the rave ainaernt of mY tteoruhly paYrnent. (D) F1teeYwe Drs of Cheeps My new entasst rate writ brtro[rte effective on each Change Uate. 1 well pay thr amount of my reeve monthly pay[nrnt beginnity tin the lira monthly twymste dart efts the Change Dale until [he arnuunt of my monthiY payment charges again. lFj Narleeell:Yago The Nee HtNder well mael ur rfeirvs w rnr a ncvurr extort each Change f.>.tr. The nctttce will advise me of: {il :he new interest rats tin my iwn as of the Change Uits: lit) the amount of mY murt[hIy prymsu fxNlowuy [lee Change Uate: {iii) any adthuonal ma[ttts wtuch the Nae Helder is rcyurred w dtulasc; and trv) tM uric and telephone number of a pcrstm who will answer any yucsuon 1 may bare retWrdini the notice. i, CHAYGFS; LIEIVI Umfarm Coveuni a nt the Security i nsvtmten[ rs amended w steel as follows: 4 CYrar: tiers. Borrower shall pay alt [axes, assessments, seat other charges, fines and unpusmons auributabk w the Property which may arisen a prtorrty over etas Sd'wuY Ettxtrunxnt, anef leasehold payments ur ground rent~v, if any, in the manner provetitxt under paragraph 2 hereof m, ~t trot pard iu sxrcb atamxr, by Barowu cnaka-tg payme:;:, whs: due, d:rert!y !e else payer rhereot- Morrows shall promptly furnish m L.coeter al! ponces of amounts d+te under thu paragraph, and en {he even Bonuws shall melee payment dira:tly, Borrower shall promptly ftantah to l.ertdn receipts evtdenemg such partnsr[ts. Barrowrr steal{ promptly drxhargc anY hen whrch has pntxity over tMs Secuuity inrarumta4 howevs. B[Nruvssr shall no[ be reyurrN w dtss:hargc anY such tern su lung xs Barrows. {a1 shall agrce en wntirg [o the payment of the abligatieat soured by such iron m a nusoner au;eptabie to Lends; {h) shall m gaud f with ..venter such hen bv, ur defsw! agaiast eufortxatmt of stsrh hen in, kcal proceststgs wlttch m the optmon ui I.snrlct upsets [n prevent the cnlnreemtm of the hen or forfeittue of the Property or aqy pwti therarf; or (c/ shag sector irxvtn the holds at such hen an agrrmeent w a form satrstacwry ea L.enrkr subtyrdtttaung s[[cl[ hen to this Seewr[ty ftuarumetu. tf L.azds dercamtoes that ail ar any part of the Property is whtect w a hen whrch rosy attaen a pnunty oust this Sn:urny Imuument, lendv drail pvr Borrawa a nenrcc rdcnuf'png sxttn {tro. Borrows shall saust} such hen or raise unr ur more o{ the anions set ftxth aMyvr wrtNn ten days at ttu pv[ey of lfte ntrtax l.. NOT1Lir. Uettdrm Ctnsnattt et € f she Stcunty irrsuuawrt xis aneands'1 ca read as f Dhows. N. Va.[It* l:actpt ten any mviKs requirrst urtdsr appfwbk lave t.r ?+e ge vtn m arvixhs wmxs, tat any Woos xu Horeuwrr pruvn)ed tnr in this 4atwcry (rtsttranea[ tftaii rte gtveer Iry dehvsrrg et ur by ntatkrag u t)y first clash street tax lsorsawu a[ the PropenY Addre. * tic a[ such other address a ttwrowsr rosy dtsrgetstr by Wainer :o Lends as prervrdai hssm, and {b) any nnt;cr et> {_crtder shah t+r gxvrn nv i~ne class matt iu i rndcr'. a4brss teat[+d k2ctszn au iu suci+ sst)rd rdeSrrsa ae 1„tisr~cr may dsatgruir by n.r€c r tt, tKUTUw<+ a* pruvrx#ed heron ~Rnt n..[tsr {:t,,. n,1rx! (tv ~ti thts ~cryrert-r [nfrzt{tnenr ak+ai-0 be .k.~in+scf to Rave tWrn ar.en x:o aorssrwrr ~r (etuJr: arxrn gx.rn rn the uranner drvtgnatati het <•tr: