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r 2307 Apache Road. Grand Island. Nebraska 68801 (Property Address) The Note ......... prov\siOM aII<MriDI lor dlllllps in tile ~...... II tile ~.. rale 1....-, llIe Borrower's III08IIdy PM_Is will k ......,... II Ik Inlenst..... _. tile _.1lIOIIdIIy paymeats will k lower. ADDmONAL COVENANTS. In addition to tbe covenant and agreementS made in tbe Security Insrrument,BorrowerancU..em!er' further covenant and agree... follows: A. INTEREST RATE AND MONTHLY P.' YMENT CHANGES The Noce provides for an initial interest rate of _-1.1..-._"10. Section 4 of tbe Note provides for clwnges in theinlerestrale and the monthly payments. as foUows: 4. '!v,EREST RATE AND MONTHL Y PA YMENTCHANGES (A) ~1lII... Tbe intereSt rate" I 'Will P3ymaycha.naconthe,~~dayof FRhrllelrV 19115--. and on that day -of the- month every t 2 months thereafter. Each date on which my interest rate could change is called a "ChalllC Date. " (II) Thel....,. IIettinnint! with the lirst C"""-" Date. my IOt.....t rale ....ill be based on an . 'I ndc..." The Index is tbe weekly average yield on United States Treasury """ritic! adjusted In . constant llllUUlity of . nnp years. as made available by the Federal Reserve Board. Tbcmost recent Index figure available as of 45 days bef""" <aclt Chan.. Date is called the "Current Index." If tbe Index is IW I_nailabie. the Note Holder "ill cboos<: a new index whicb is based upon comparable infonnatlon. The Note Holder will live me notice ut its choice" (0 CaIaillIlIoa of ~ Before each <..'11ange Date. the Note Holder wUl \.'llkuiatc my new interest rate by adding t',I'! ::.nr..; ..n~_h~ 1 f pcrcenraae-points ( /::; ...) 10 tbe CurrCrlllndcx. and roondina to the neatcst 1!8~. The sum \lIi'iU be my new interest rate. The minimum interest rate on thi! loan will be: no ks1 than '3 '.::. ~. Tht maximum jntuot rate on this loan will be no more than 1 II S tJo. Tne Not. Holder willlhen determmc the amount of t,", !11Qnthly paymml that would be ,ufflcient to repay in full tbe principal am expected to -O~ on the O...a.nge Date in mbstantiall)' equal payments by the maturity date at my new interest rate. The result of this ca.iculation will be the new amount of my monthly payment. (0) Effeettft illIto.., ~ My new inter... rate ,,'il! become: eff...i~on each Cbaose [)air. I will pay th. amount of my new monthly payment beginning on the IIrst lltOl1lhly pa_ date after the l..'11anll" Date until the amount of my monthly paYJOOllt cbang.. again, (I!,) N....ofCllups The Note Holder will mail or deliv... to Ole a notice: befo", each (bani. Date. Th. notice: will advise m. of: (i) tbe new intCRSt .... on my loan as of the CltanJe Date; (uI lbe ........nt of my monthly payment following the CltanJe Date; lii/) lItly additional matters which tbe Not. Holder is required to disch.>se; and (iv) tbe tide and triepItone number of a person who will ans...... any question I may ha~ "'.....ding the nOlic.. B. CHAlKiESt UENS "UIlifonn COYe!lll1lt4 of the Security In.strtllDot1t is amended to read as foUo....., "'~"'. >.t. ~ ..-.. Bonower ,hall pay all taxes. assessmen.... and other clwges, fines and impositions attributabl. to the Property which may ~ttain a priority over tlo.is Security InstJutnmt. and IeaseIlold paymenu of ground rents. if any. in lh. manner provided under paragrapb 2 hereof Or. if not paid in such tnlUlDt:f. by lIorrowet makina payment. ...ben d.... directly to ,b. paY"" th...eof. Borrower shall promptly furnish to l..ender all -'<:eo of _u due uncles' .his _II. and ill !be ..ent Borro_ shall mal<. payttH!nt din:ctJy. Borrower shall prompUy furniob to I..cndet JC<<lpU evidencint such payments. Borrow... ,hall promptly dUclw.. any tien wbicb has priority ov... thi. Security J.asu-.itoftvor. Borrower _not be required to _.. any ouch tien so long as Borrower: (a) shall agree in writing to the payment of tile obIipI:ioo __ by such ben in . llWIJltt aa;q>table w Lender; (b) !bal/ in ttood fai,b contes' ,uch lien by, or defend qainst enforcement of...... !llin l8. lepi ~ which in the opinion of Lender 0_ to pr<vent t,", enforcc:menl of the lien or forfeiture of the 'Property or _ '*' lIltawf; or (~I shaII_ from the holder of >ucIl1i... an _r in a form satisfactory to Lend... subordinating _b lien 1<> this Seaaitr lnsuvmcnt. If ~ ~tlllU all", any part of tbe Propmy " .ubjQ:t to . lien ..bleb may .ttain a pnurity over tlm Securlty Instrument. Lender tIIilalltiw ao.-. DOlia: ide'ntifying rocb ben. Bono_ shall "'tisfy such lien or take one or more of I.he actions..I. forth abo.e within ten _of llw iii... of tbe aoclcc. c )IIOIIQ ~.C- 14 oflbeSewtlty IllItt\Imlmt is amended to read.. follows: M. ~ ~ 'or...y _let '*i~ \IlldeJ 0lJIliiaIble law to be Ii- 1ft lUlOther manner. {IJ any notlet to Burro_ provided fol. in this ~ ~... be Ii- It,- ddimitla k or by maiIlII& It by finl.w. ..110.8orI'Ower at tbe Property Address or at 'IKh otber address .. s.r-1llIJ ~ It,- -'"" to 1.A:nd<<.. llf<!Vi<led bereiJt.. ud (b) any notice 1.0 Under shall be !liven by fi.... class ..I to L.nder's ............... 0<. itt...... "'"*' ~ at Under....,. ~l. by _.... t" 8orro_.. proYide<l hem". Any !Wti<. provitkd for in this ........ltt~ oloaII be~ \i>1l.a~ ...... "..... to tlttrt........", lomder...hen,.Vtn In the man.... ~t.ed heran.