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<br />I <br /> <br /> <br />83-UU5630 <br /> <br />Loan No. .,,...55llg:f#..\;a.;'...., . <br /> <br />"-~:. - <br /> <br /> <br />r <br /> <br />Q <br /> <br />ADJUSTABLKRATE LOAN RIDER <br /> <br />NOTICE: THE SEOORl'I'YINS'.l'ttuMENT SECURES ANOTEwatCHC~ADlT$ <br />A PROVISION ALLOWING FOR- CHANGES IN' THE INTEREST--'1t4~:<J~rt:? :"~,::,-:;~:t~:~;~;!t);f' <br />CREASES.IN THE INTEREST RATEWILLRESULTINHIG$R':PA~"i' <br />DECREASES IN THE INTEREST RATE WILL RESULT IN LOWERPAYMENT$ <br /> <br />This Rider is made this ...;WtJ:L...,..... day of ......JJ:t!lber..'....n.,.........., 19.a3...,and~htc!i~'S: <br />into and sball be deemed t<> amend and supplement the Mortgage, Deed of Trust, or DiaedtG~}~ <br />(the "Security Instrument") of the same date given by the undersigned (the "BOl'l'O'ft!!"'lto~;:J:J.~'; <br /> <br />rowers Note to ..,...',..n...,...,.....,..........,.m.....',......n.._.......mnn.,.',.....,........""",.,...._.._.,',':'.'.m._:'_n"".~'""'~,.. <br />.nJ:S.t.,E.e.deu.l...SaVings...and..Lo.an..A$.soc.1At.iOJ1.,o.fnl.i.o.c.o.l..1l'f..a..llni.t;ed..~lI-:~qq~.,.t.~~....: <br />(the "Lender") of the same date (the "Note") and coveringthepropertydescribedintheSilCt#itYI~i <br />ment and located at ..U,Q{UI_t...KoAni.g..........,....,.n.......,.,.,........Gund,..Ls.land..-.li..hrAska ..6.88QL....._._ <br />Property Address <br /> <br />->,-':~-~'-' F.-'-- : ' <br /> <br />MODI FICA TIONS. In addition to the covenants and agreements made in the Security Instrument, Bor-. <br />rower and LendEr further covenant and agree as follows: <br /> <br /> <br />A. INTEREST RATE AND MONTHI.Y PAYMENT CHANGES <br /> <br />The Note has an "Initial Interest Rate" oL.....12...2.5JL. % <br />Interest rate changes may ()C(."Ur on the 1st day of .................,.,..... ..,.E~l:ua.r.y.,." 19..85.. and on the <br />1st day 01...... ,...,.Ma.y.,...........,.. 19.85... and on the 1st day 01 ., ...........,.........A.\I8ua.l;........, 19.-85-. <br />and on the 1st day of .............'.nn...........liovelll.be.c.... 19..85.. and on those dates of those months in eYefY <br />year thereafter. Each date on which the rate of interest may change will be called a "Rate Change Date". <br /> <br />Glllmge6 in prillcipa\ and interest payments to adjust amortization of the loan to coml8pOfld with <br />interest rate changes shall be made on the 1st day of .,.......,.....mm.'n.n..n1io\l~......, 19.a.~... and on that <br />date every .."".~.""'''',,... yearls) thereafter, Each date on whk-h tr.e principalllnd interest payment may <br />change will be called Ii "Payment ChanRe Date". <br />ChanRes in the intereo;t rate are Rovemed by changes in an interest rate index called the "Index". <br />Check box(es) to indit-ate Index. <br />(1) C "Contract Interest Rate, Purchase of PnMously Occupied Homes. National Average for all <br />Major Ty~ of Lenders" published by the Federal Home Loan Bank Board. <br />(2) l:{] _-\dj.Wl.l:.aJlJ.~,.:Lu.e ..,IOLA.,::,. ::to.nth.L'j.. ..ueca..a.. ,I- Le LL J;lll..il..$.... Ir.easU-r./.. ...... ,............,..,.. <br />Sec u r i r..l..e.iL.il.dj.l.I.&tu..t.\l.....Lc.\lWl.t.llnt.. ..llIAt.uJ:.l..t,y. ..af..l..v...ar...p.ubl1sh.ed..hy.. .l:.lle.,.jtede.r.a.l..~v.....Boa cd . <br />Chcd, box(es) to indicate limits, <br />( I) C1 If this box L~ "hocked. the~ will be no maximum limit on changes in the interest rate up or <br />dowo, The Preliminary Rate referred to in the Note, will be the new interest rate. <br />(2) fJ If this box is ,'hocked, the interoot rste that I pay shall not inc-n'ase more than .................... <br />pel'Ct'nUlge points on any Rat.. (,hanKe Date. <br />(3) r:J If this box i.~ checked, the int.......t rate that 1 pay shall not decrelll!C more than .................... <br />percentage points on any Hate Cha.nge Date. <br />(4) iJ If this boa: is checked, the intere3t rate that I pay shall never be more tbun uI.J.9S0...u % <br />during the period I have my loan. <br />(I)) fil If this box is checked. the intel't!Olt rate that I pay shall never be less than ..!l.9.:>O...u..% <br />during the period 1 have my loan. <br />(6) [J If this boa: is checked, the principal and intaest payment that 1 pay shall not increase more <br />than .,........",..' percent on any Payml'Dt Change Date. <br />(7) 0 If this box is checked, the principal and interellt payment that 1 pay shall not decrease more <br />than u.................. percent on any Payment Change Date. <br />The monthl~ ~t amounts ~ also chang!! on Payment Change Dates as provi~ in the Not~. <br />Beca_ paymlJlU cnanges may OO'..."Ur ....... often th&JlUitilrest rata chan~ and/or n>.ay be subJect to ~m <br />!imitations deIcribed in the NotEl, the monthly payments may b<! insufficient at times to pay accruing <br />mtaest. In such case, unpaid interest is added to the principal balance of the Note and itself will accroe <br />in1me8t thenelter. <br />_eo <br /> <br />u <br /> <br />L <br /> <br />L <br /> <br />..J <br /> <br />L <br />