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<br />I <br /> <br />84 - 002330 <br /> <br />Loan No. ,....57.51,5,...l..18...., <br /> <br />r <br /> <br />Q <br /> <br />ADJUSTABLE RATE LOAN RIDER <br /> <br />NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAlNS <br />A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RA'I1I. IN- <br />CREASES IN THE INTEREST RATE WILL RESULT IN HIGHBR PA'YMB!fl!& <br />DECREASES IN THE INTEREST RATE WILL RESULT IN LOWERPA~. <br />This Rider is made this ..,..J,.$.1;..,........ day of ..............Mity,........,....,.,......, 19.,..e,4. ad iI__~" <br />into and shall be demled to amend and supplement the Mortpge. o-J of Trust, or Deellt6.s.eare1)illl. <br />(the "Security IDatnDnent") of the same date given hy the undersigned (the "Ban-.")t.o~*!~ <br />'f~1~~~ai::say.iiY.ji::aiJi:i:Qiin.::i.siQ.C1iHQi.\::QfbJ~QI6~::~::m!~~:~i!~!i!o~. <br />(the "Lender") of the same date (the "Note") and coverinrtheplUJlelty~iiailllliSjT~...~ <br />ment and located at ..21Q~..l':latttJ...I:I\.lSt.an...............__...,..,.....,.....Gr.and...Ii1latI1,...Nebxaska.. . - ,.;..~... <br />Property A~ <br /> <br /> <br />MODIFICATIONS. In addition to the covenanta and ~ta made in the Security ~t,.... <br />_ and Lender further covenant and agree .. follows: <br /> <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />TIle Note has an "Initial Inte1e8t Rate" of........ll..4W.. % <br />lnte.-t rate chanp!e may occur on the 1st day of ,.......,......,...........,...,1\uQl.l$.t....... 19...~. ad ... <br />1st day of ........................,.tGv.eIIIber.... 19..85., and on the 1st day of ..,................,.......EebntaQ... 1'__ <br /> <br />~:r~J:.~chfdAte'~~'~hicli..u.e..:-J';;i'~~:'~ = ~be ~fa ~ ~~ <br /> <br />Ch.anp8 in principal and inte.-t paymenta to adjust amnrtization of the loan to .MCI~ with <br />intenlllt rate changes sbaI1 be made on the 1st day of ...,.........,.,..........,....,~..,.....,.,..... 19.,86.. aDd.-tIIat <br />date every ...____.. yearis) thereafter, Each date on which the princ:ijJal and inte.-t ..r-t IUY <br />change will be called a "Payment Change Date". <br />Changes in the interest rate an! governed by changes in an int~ rate indo: called the "In"". <br />Check boll. (es) to indicate Inde:r.. <br />( I) C "Contnct Intel'tlllt Rate. Pun:baae of Previously Occupied Homes, National A-.. for aU <br />Major Ty~ of tenden" pubtisbed by the Federal Home Loan BalIk Board, <br />(2) Ci .Ad.ju$tab.l.e,.Rate..Nate.~.. Monthly.. alterage..yl.el.d.,on..UA5.~..IrI:.ilSUrY...seJ;!.I1.:1tJJ.i. <br />adjusteo...to...'~,.lIlilw..1.4..o!..l.. year.. pub.l.ished.hy..,the..Eedera.l.B.eseI'.y,e..6I.latd........ '......... <br />Check bolI.(l!8) to incikate limit&. <br />( I) C If thia boll. ill checked, then! will be no ma:r.imum limit on changes in the inteJwt rate up _ <br />down. The Preliminary Rate referred to in the Note. will be the new intel'tlllt rate. <br />(2) LJ If this boll. is checked, the inte_t rate that I pay shall not increaM more than ..,..........,..,... <br />pt'rceJltllge points on any Rate Change Date, <br />(3) 0 If this boll. is checked, the inte_t rate that I pay shall not decreue more than .........,......... <br />peramtqe points on any Rate Chanl" Date. <br />(4) [lIf thia boll. is checked, the interest ra*" that I pay shall nev..r be more than ....lJ...251l.. % <br />durinc the Period I have my Iou, <br />(5) [l" thi. boll. is checlted, the interest rate that I pay shall never be 1_ than .,.,JJ...,....,.....% <br />during the Period I have my loan. <br />(6) C If thilI boll. is checked, thfl principal and interest payment that I PIlY shall not increue more <br />than ....,........ percent on any Payment Change Date, <br />(7) C If this boll. is checked. the principal and interest payment that I pay sball not decrease more <br />than .....,..........,... percent on any Payment Change Date. <br />The rnooUUy rt:i;t amountB will also co.....e on Payment Change Da.... as providoo in tbe Note. <br />Bec:a_ pa~t l11li)' O<<'UI' '- often than in~t rate chanles and/or may be subject to certain <br />limitations de.cribed in the Note. the monthly paymentll may be insufficient lit time8 to pay accruing <br />in~t. In such CUl!. unpaid inta.t is added to the principal balance of the Note and itself will accrue <br />in_t thereafter, <br /> <br />..... ... <br /> <br />I I <br />I......i <br /> <br />L <br /> <br />L <br /> <br />-.J <br /> <br />L <br />