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I 0824782-8 ADJUSTABLE PAYMENT RIDER 83-u06796 nus AIll\JSTABIE.PA>>!ENr RIJ:ER!.s made this 29th day of December 1983 and is incorp:u3ted into an:! shall be deemedto.....oo ~ tm Ibrtgage, Deed of Trust, or Deed to Secure Debt (tm -security !nstruDent") of tIE same date given by tIE undersigned (tm "Bo1'tDier"yto secure llllrrower~s Adjustable. Payment Ibte. to . Ta.I!r Financial, Inc. (tm '1i!nier") of tIE same date (tm "Ibte") and caver:Ing tm property described in tm security lnst:nm!nI: and located at: 111' v r.t,..l nhmn:;:j roTAn" T~l""ntir ~~1 (. ) The Note Contains Provisions Allowing For Changes In The Interest Rate And. The Monthly Payment And For Increases In The Principal Amount To Be Repaid. < The Note Also Provides For Calculations Of Two Separate Monthly Payment Amounts. One Will Be The Amount That I Must Actually Pay Each Month. The Other Will Be An Amount That I Would Pay Each Month To Fully Repay The Loan On The Maturity Date. This Means That I Could Repay More Than I Originally Borrowed Or That I Could Repay My Loan Before The Maturity Date. AIJlI:l:IOOAL o::wENOO:S. In addi den to tm covemnts and agreements made in tm Security lnst:nm!nI:, Bonaer and l.eIxIer further cover&lt and agree as follClioS: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Ibte provides for an :initial interest rate of 1 C. 500%. Sectioos 2, 3, 4, 5 and 6 of tm Note proride for chalwos :In the interest tate and tm 1ln1thly payments, as follows: -2. INTEREST (A) Interest Ooed Intexest will be clm;ged en that part of pr:Incipal Iob1ch has not been psjd, beg:Lm1ngon the date I receive !rlndPel and cattiwing ootil tm full aooont of principal has been paid. lleginniDg on tm date 1 recei"" pr:Incipal, I will pay interest at a yearly tate of 10.500%. The :Interest rate 1 will pay my change on the first day of tIE IIllOth of July 1, 1 ~1j4 and on tlllt day every 6th IWllt:h thereafter. Each date on "*rlch tm :Interest xate cooJ.d change is called on "Interest cfiiiiijiellate." The new interest rate will becaIe effective on each Interest ClBnge !late. (B) The Index Ileg1m:lng with tm first Interest Cbmge !late, ~ interest rate will be. based 00 an Index. ...,.,. "I:r.rJex'. is the h1rekly Al!ction :\verage Hate on Fnite:! States Treasury hills with a rraturlty of b 0]('Oth5 , as made avaiJ.able by tm Federal Re8erve Boa1:d. The most recent l.ffi:i figure as of the date 45 Qays before each. Interest Qlange !late is called tm "0Jrrent Index". . Je int*:rest rdt€ 1 'o:ill pay shall not exceed 13. 99(jk~ If the Index is no longer available, tm !bte Bolder will choose a new :IndeK ~ is based upon COlIp8Dlble infomatiDn. The Note Bolder will give me ootice of this cro1ce. (C) r-"l,...l"~i,,, of Interest Rate ~ Before each Interest 0Ian8e IB.te, tm Note Holder will calculate my new :lnter:est tate by add:Ing 1~ ~ pa:Ints ( J ,150 %) to tm 0Jrrent Index. The!bte Holder will then touDd the t of this addit:inn to the oearest ooe-e:lghth of one percentage point (0.125%). This rotlI1llei aDUlt will be my new interest rate IXlt:ll tIE next: Interest Olanae !late. Except the ~"il:u'J interL'St rote shall rot ~l 13.9~e::. (0) Interest After Default The mterest rate ~ by this Sect:inn 2 is tm rate 1 will owe both before and after any default deIIcribed in Sect1Dn 9(B) below, 3. CALCULATION OF AMOUNTS OWED EACR MONTH The Ibte Iblder will ca1c:ulate my fullli:lothly hlDnt. The '7ullltJathly hlDnt" is tm amcunt of the manthly JBYIIII!DI: that would be suff1cleot to replY tIE uapa:ld pr:Incipal baJaree of ~ losn.:In full at the interest rate I 8llI requin!d to pay by Sect::iDlls 2(A) and 2(C) abave:ln substanl:ially equal ~ 00 i:;'WV}' 1, 2014 , wbi.ch is called tm "llBtUrity date", My first full ltlOthly .!m:lWf . . ~~. Before each Interest Olsnae Date, tm Ibte Holder will ca1c.u1ate the . new full Iob1ch 1 will owe each 1lIXlth beg:Lm1ng on tIE first lIDIlthly pa.".m date after tha Interest Cbmge !late. The full Mx1thly hlDnt I owe uey be ume or less than tm aDJ:l<X\t 1 am requind to pay each 1lDll:h. Sect1Dn 4 below states the amcunt of ~ lIOOthly pa)'lllel1t ani 00w it will change. Section 5 below deel:ribes 00w ~ uapa:ld pr:Incipal baJaree will clul8e if tm alDlDt of my lIDIlthly payment and the full ltlothly ~ are diffexmt. 4. PADlIUITS (A) n.. alIlPlace of .l'ay&ats t will pay pdnci~ and interest by ~ payments every mooth. I wUl .... 111!f.. IJD:lth4r payllIIIPtB. <n the first day of each IlDll:h ~ on r..brua~ ~. . Iwill__ tlese pl~ -..ry _th ootilI have paid all the ~pt:1 ... . SI10I any otller cbar8ea deacribed below tb!1t 1 uey owe under thi8 Ibte. My lDlIhl7~will be app1.te!. to l.ntemIt before pr:Incipal. If I still owe SlIDIltS under this ltq OIl: the~t;y date, 1 will pay ~ aunts in full OIl: that date. Th;)ee -.mts could be anatK tlR1 the. __ ol1ll.l' .u.t -nl,y ~ before tm llBtUrity date. 1 will .. my lDltbly pl~ at 2120 South 72Bi St::reet, arah&. NebI:aska 68124 or at a di.ftilQII[; plac:tI. if ~ by the Ibte lblder. i~JLHJS1'}\r..tJ?_ PAYMt~}1. ~'()!1:. G }"ON!H T~~rA~;Ff{Y n~nrx (1.... -4 ,'. m1'~i 1.~ ) TMe-oos (qc) (Page 1) (New 11/83)