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<br /> <br />83- 005724 <br /> <br />Loan No. ....,5.46!tl.~.L,:,:lL.. <br /> <br /> <br />ADJUSTABLE. RATE LOAN RIDER <br /> <br />NOTICE: THE SECURITY INSTRUMENT SEC{JRESANOTE WHICH CONTAINS <br />A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE. IN- <br />CREASES IN THE INTEREST. RATE. WlLLRESULT IN HIGHER PAYMENTS; <br />DECREASES IN THE INTEREST RATEWlLL RESULT IN LOWER PAYMENTS. <br /> <br />This Rider is made this .w..,.,..26:tlL, day of ......................Qcl:al:eL,...., 19..8.3..., and is incorpora.ted <br />into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt <br />(the "SBCuritjInstrument"} of the.same date given by the undersigned (the "Borrower"). tosecum Bor- <br /> <br />rower'll Note to ,....,.....'..m..........m......n....................._......n.................,..,..,......,....,....'.........n.............,.................... <br />.Y.j.,r..l!J;..Y.,~ltlU~l..sJLY.i.lIU-'.1!lla.J...Q.an..t.:>,!lQd"r.!..QJ.l"Qf..Lio=.lll"..a."Un.Lt.ad..S.t:.at.es..=:rpor.at.ion~" <br />(the "Lender") of the same date (the "Note") and covering the property described in the Security ID$trU- <br />ment and. located at ..~~~..llur...AI1na......................".....'.......m...,G.t:anLLuand".l'lehl:aSka.,688!ll........... <br />Property Address <br /> <br />MODIFICATIONS. In addition to the covenants and agreements made in the Security Instrument, Bor- <br />rower and Lemler further covenant and agree as follows: <br /> <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />The Note has an "Initial Interest Rate" oL.m.Ll.25JL, % <br />Interest rate changes may occur on the 1st day of '..m....___....,.,............L.me........,.... 19,.8.5.. and on the <br />1st day of ...nm......m...m........5.e.!ltlllll.be.J:,. 19.85... and 011 the 1st day of ...............,....,....fl..celltber-.n. 19,..85-. <br />and on the 1st day of m.........................ml!a1:ch.mm.... 19..8li.. and on those dates of those months in every <br />year thenlllfter. Each date on which the rate of interest may change will be called a "Rate Change Date". <br />Cbangll8 in principal and interest payments to adjust amortiultion of the loan to correspond with <br />interest tate changes shall be made on the 1st day of ...,....,.........................'ia.=n.........,..., 19.8.6... and on that <br />date everr. ....""....,-r.o="...... year(s) thereafter. Each date on which the principal and interest payment may <br />change will be called a "Payment Change Date", <br />Changes in the interest rate are governed by changes in an interest rat~ index called the "Index". <br />Check box{e;;) to indicate Index. <br />(1) 0 "Contract Interest Rate. Purchase of Previously Occupied Homes. National Average for all <br />Major Types of Lenders" published by the Federal Home Loan Bank Board. <br />(2). iKJ .AdJ.\lata.b.I.e...ila.,t.e.,lilU..e...::.,lio.nJ:l1.l.y.,.a.ve.cage.ujJ.e.ld..Qn..iJ~s.~..:rr_su.r.y.,',.' ."u""" U" .'''''' <br />Secu r itJ.U..l\djJ1.5j;~..\;.IUl.S.IUlaj;AQt...u.t.w:w,.,oL.l.. y.e;.u;..p.ubllshed..blr...t.he."F.ede.r.al...fI.aae.l;"",..Boa rd. <br />Check box(es) to indicatelimila. <br />(1) 0 If this box is cllecked. there will be no maximum limit on changes in the intenl8t rate up or <br />down. The Preliminary Rate referred to in the Note, will be the new interest rate. <br />(2) 0 If this box is checked, the interest rate that I pay shall not increase more than .................... <br />percentage pointl! on any Rate Change Date. <br />(3) 0 If this. box is checked. the intenl8t mte that I pay shall not dllCnlllSe more than "'.............u.. <br />percentap points On any Rate Change Date. <br />(4) (lIt this box is cheeked, the intete&t rate that I pay shall never be more than ..1.3..9.50.....% <br />duriQc the period l ~~. 'j my knn. <br />(5) IlO It this box is checked, the interest tate that I pay shall never be 1_ than ..9..9.50....... % <br />during the period I have my loan. <br />(6) 0 It this box is checked, the principal and interest payment that I pay shall not increase more <br />than ,.................... percent on any Payment Change Date. <br />(7) 0 It this box is checked. the p~and interest payment that I pay shall not ~more <br />Ibm ...._.............. ~OD any Payment Change Date. <br />The ~ ~t amowtia will alIIO change on Payment Change Dates as provided in the Note. <br />~~l~~ occur lea often tbaninterllst rate changes and/or may be subject to certain <br />~~~dN~is~~to~ci~.;.=~ci::\t~~.i~will~ <br />in~t. thereafter. <br />-.. <br /> <br /> <br />L <br /> <br />-.J <br /> <br />L <br />