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ADJUSTABJ.!..ERA:'fERIDER... 83....0666~E:k. . r-.. ........ ..... THIS-:ADJUSTABI:BRA'fERIDIlRitmall&this. 14th. dayof .. . December ......... .... ;Jg.~I';.. . .... ... IIlllUs'incorpc>l'Sl<d"lnwa...hball bedoemedtoamendBlldsnpPIementtbeMortgage;Dcedof'l'ruSt. orDcedto~Deljt)(thjlC~"~ IttStr1IIn$lt"}Oflbe__.cItW!'pvenbY .!be.undet$i&1lCd(!be."IloIToWer"} toseCttre.BorrOwer.s AdjwtablebteNote .te>... .HO_~FEJ]l!RAL' SAVINGS'..' 1.0AN"ASSOCIATION OF' QRANI)'ISL:ANO;NE8RASKA (lb....Lender..rof!besame<:late(tbe !'NOW'Y' ' andeovering!bel'fOpertydcScribed in !be SecuritylDslnnnent BIldlocated at: 320 East 21st Street, Grand Islahd, Nebraska 68801 (Property Address) TH' Note mIIltIIDa ..~.wi8lror"""- in .tbelnlenSt ......If dlein_'late. 1_.tbeBorroww'.1DOIItbIy pa_lIw111 be .1JIPt!r. Ittbeln_..tedeaeillel,tbe. IIGJTower'S IDOIItbIy pa_tswHI be_. ADDmONAL COVENANTS. In addition to tile covenant and agreements made in theSecuriry Instrument. Borrower-and tinder , fur!bercovenantandagr""as follows: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Not. provides for an lnitiallnrerest rare of 11 %. S<ction 4 of the Note providesfon:haDgllS In tile intercsttate.BIld'lbc.' montbIypayments, as follows: 4. iNTEREST RATE AND MOlVTHL Y PA YllfENTCHANGES (A)~_ Theintercst ram I will pay may change on tile 1 st day of February . 19 ~. and on !bat day of tile month every 12 months thereafter. Each date on which my interest rate could cbange is called a uCbanae'Dam;" (B). TH Dds Jle&innil1ll witll !be flnt Cbanae Date. my interest rate will be based on an "Index." The Ind"" is the weekly average yield on United States Treasury eeurities adjusted to . constant matUrity of one years. as made available by tile Federal Reserve Board. The most recattlndex ftgUfO available as 0{ 45 days before eaeh Change Dam is called !be "Current Ind""." If lbe Index is no longer available. the Note Holder will choose a new index which is based upon comparable information. The Note Holder will give me notice of its choice. (0 ~1io..fCblpo Before each CbaDge Dam. !be Note Holder wilIca1culalemynewinterestrate by adding two and one-half ..percenragepoints ( 2.5 "Ie) 10 !be Current 100.,.. aad roundil1l! to tbe nearest I/S"Ie, The sum will be my new interest ram. The. .mmum interest rate on this loan will be no less than 9 . 5 tV.. The maximum interest rate on this loan will be no more than 14 ~ S '10. The Note Holder wilIl11en determine the amount of .be montbly payment tIIat would be sufficient to fell'ly in full the principal I am expected to owe on the CbaDge Date in substantially equal payments by the maturity date at my new interest rate. The result of this caleulation will be the new amount of my monthly payment. {D} I!'.ffeethe Dale of CbIpo My new interest rare ..ill_effective on each Change Date. I will pay the amount of my new monthly payment beglnnil1ll on lhe ftnt l11OI1!bly payment date after t.... Cban&e Date until the amount of my m""thly paymenl changes aaam. (EJ _of~ The _ Holder will mail or deliver to me a notke before each Change Date. The notice will advise me of: (i) tbe _ interest rate on my Iou.. 0{ the Chanae Dam: (ii) the _ of my montbly payment following the Cban8e Dale; (Ui) any IlddititmoI matters whi<:b the Note Holder is required to disclose: and (iv) the litle and Idqlbooe number of a _ who will answer any question I may have reaardil1l!!be notice. .. CIL\IlGIlS;.UIINS I1Difonn Co_4of !be Security lnstnlltteDl is amended to tead.. follows: 4. ~LloM. Borrower shall pay all WItS, assessments. and other charJes. fmea and impositions attributable to lbe Properly whicb may tIWIia.~_thisSecurity Instrumem. and IeueboId payments of ground rents. if any. in !be manner provided underparaarapb 2 hereof or,if _ paid in ....._. b)' Borrower tnakina paYM=t. when due. directly 10 !be payee t.bereof. Borrower sball promptl)' furnlsb to Leader 1lll n<<lces of _ due under this paraarapb, and in tile event Borrower shall make payment directly. Borrower shall promptly fIItIIish 10 I..eadet receipts evideacit:Ic such payments. Borrower shall promptly discInlrge any lien which has priority over this Security ~,oo-. Borrower shall not be required 10 di5charJe any rucb lien so long.. Borrower: (al shall...... in writins to the payment of tbeolllilatioli -.a Ily sudt lien in a _ acc:eptable to I..eadet; (b) shall in good failb COnt..t such lien by, or defend aaainIt enfon:etllent of ...lienill.lesaI ~ whi<:b in !be opinion 0{ I..eadet operate to prevent !be enforcement of tbe lien or fotfeilure of !be "Propeny or atl)'PItt ~ or (e) shall....... from the boIdcr of such lien"" _t in a form satisfactorY to Lenda' .nbordinalinl such lien to this ScaIrity~ If I.Cllder ........ !bill all or any part of the Propcny iJ subj<<110 a lien whicb may attain a priority over this Security Instrument. tender shalI_ awr-. ~ldemifylnJsudt lies.. Borrower shallsatisfy sncb lien or tat. one or more of tt.. actions.... fortb above within ten .,.ol'Ute.....oftbellOli\1e. nL c,.NOIIQI ~.c-l"'Of theSillMltJlnstrumem it ll1Ilelldtd 10""",,... follows: ... ~Ettaipc-.,..., IIOlictftlOlllincllllldcr ~bIt JaWID be 11- in anoIiIer manner. (a) any _10 Borrower provided for in tl-J> ~~"'-...tI)'~lt or b)'!MlIinakbyllm eIaS$ mail 10 Borrower at the P~y Ad<Ita$ or at ,uch other addtess .--..,,~.tI)'ltOdI:ll!lO..-.. pmrided.benln.Blld{l;) lllY.llC!lioe ~o Lender sbaII be Ilivero by fin! claA mall 10 I."nder" .............orlO__~ "",*-"'J.ett.una1~ Ily _ to Il<Irroww .. provided linn. Any _ provided for in th.. ~~.sbaII be.........\O/taloa been II- to ~"" L.......'1OI'hm 11- in tbe.......... deoipated bareio,