<br />I
<br />
<br />Loan No. ,....~:;;l8-1-1~~Aj..,..,
<br />
<br />~
<br />
<br />ADJUSTABLE RATE LOAN RIDER
<br />84 -1)02312
<br />
<br />NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS
<br />A PROVISION Au..oWING FOR ~OES IN THE INTEREST RATE. IN-
<br />CREASES IN THE INTEREBI' R;('I'E wiLL RESULT IN HIGHER PAYMEN'I'&
<br />DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMJDI'I'S:
<br />
<br />This Rider is made this .. .25.t;l1..... day of ..... ..,J\P,;g,...,...... 19!!4..... 8Dd is iu-~
<br />intD and shall be deemed tu amend and supplement the Mortgage. Deed of Trust. or DIled to Secaa DiIit
<br />(the "Security Instrument") of the same date given by the undersigned (the ..Borro....) to_BiIF
<br />
<br />rower'll Note to ... ,". ... ...,..... ........ ...,., .......,.,.,.,..,......"....,.., ........ ..........,.....,',.".......,..,...................m............,~__.....-
<br />.F1.::~,t.. .Fe~"r"l.. Saving.s .."!1d..,I~()'!!'.,."",,(),,i.~~~!?,1),. 0,( ..I,~l1Cc<>l.n.. a. (Jl.\t!;~g...$,!;!l1;.~.!U;g.4'BJ:lt.u.QJl.,..
<br />(the "Lender") of the same date (the "Note") and <'Overing the property d.mbed ill the SecaIity-bII&lnt-
<br />ment and located at . 810 East.B~.s.lIlark................... ....,......GuDd...lll.la.Dd...lkbra.aka..6:8JlQl...........
<br />Property A~
<br />
<br />
<br />MODI FICA TIONS, In addition to the covenants and agreements made in the Security ~t, s.-
<br />rower and Lender further covenant and agree as foUowa:
<br />
<br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES
<br />
<br />The Note has an "Initial Interest Rate" oL....U,.:1.'1.9. ...%
<br />Interest rate changes may occur on the 1st day of ...P.!l!;~bt:l'..... 19,8.L and 011 the
<br />1st day of . ....l'I'U:f,\l........... 19.6,~... 8Dd on the 1st day of. ..........,...........Juu&.............. 19..85.,
<br />and on the 1st day of . ....,..,...........,;;~1!l,I'.I!l!lll..L. 19,8.~.., and on thOlle dates of thc.e montb8 ill ~
<br />year thereafter, Each date on which the rate of intel'est may change will be called a "Rate Chanp Date' .
<br />
<br />Changes in principal and interest payments to adjust amortization of the loan to ~ with
<br />interest rate changes shall be made on the 1st day of .............................S~ller...... 1985..., aDd 011 that
<br />date every :--:--~-:-- year(s) tbel'ellfter. Each date on which the prinCIpal and in~ payment may
<br />change wtll be called a "Payment Change Date",
<br />Changl!8 in the interest rate are governed by changes in an interest rate index called the "Indn",
<br />Ch<:'Ck box (e8) tD indicate Index.
<br />11) r::: "Contract Inte""'t Rate. PurchRlll! of Previously Occupied Homes. Naticmal Averap for an
<br />Major Ty~ of Lenders" publiahed by the Federal Home Loan Bank Board,
<br />( 2) ~ M.iYIHR.,llll: j!",.,te...!j.Qte.., .Mon.tb.llL.,a.\[er~..'I- .Le.J.d..an...U.S.....1:reaaurll..Sec:.u.r.t.tie&...
<br />ad j us t ad .t. <>. .~.. S. ()!!.~.~,<\!I.Lm.l\~ IU,Hs.,. "J. J.y.e.a.r. .I1,u.bllfl.b.e.d...by. ..thJl.,.f,ede.r.al..kaerYll...lloarA...................
<br />
<br />Check box(",,) to indicate limits.
<br />( 1) C If this box is checked. then! will be no maximum limit on changee in the intenet rate up or
<br />down, The Preliminary Rate referred to in the Note. ",~Il be the n_ intere&t rate.
<br />
<br />(2) [J If this box is checked. the interest rate that I pay shall not increue more than ...............,.,.'
<br />percentage points on any Rate Change Date,
<br />\ 3) :1 If this box is checked. the interest rate that I pay .baIl not decrease more than .....,
<br />pereenta.ge' points on any Rate Change Date.
<br />14) ~ If this box is checked. the interest rate that I pay shall never be more than ,.u.~...., %
<br />during the period I have my loan,
<br />( 5) iKJ If {.his boll is checked. the interest rate that I pay shall never be 1_ than ,3..9.)Q....... %
<br />during the period I have my loan.
<br />(6) C: If this box is checked, the principal and inte_t payment that I pay shall not increaae more
<br />than percent on any Payment Change Date,
<br />\ 7) If this box is checked, the principal and interest payment that I pay shall not decrease more
<br />than .. percent on any Payment Change Date.
<br />
<br />The monthly payment amounts will also change on Payment Change Dates 88 provided in tbe Note,
<br />Be.."a...... payment chane.... may oc,."ur less often than interest rate changes and/or may be subject to certain
<br />liuaitatiGilO d~'Tibed ~., th~ ~ote, the, monthly fJ!!.rments ~8Y ~ i~"uffidtlnt at times to pay accruin~
<br />mterest. In such case. unpBld IDterest 18 added to tn,. prlDclpal balance of the Note and itself will accrue
<br />mwrest t""realter,
<br />
<br />
<br />.....n. ,~,13
<br />
<br />u
<br />
<br />L
<br />
<br />-.J
<br />
<br />L
<br />
|