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<br />002683
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<br />LoAn No, .....58.7.22-.1.-16..,..
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<br />ADJUSTABLE RATE LOAN RIDER
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<br />NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS
<br />A PROVISION ALLOWING FOR CHANGES IN TfIE INTEREST RATE:. IN-
<br />CREASES IN THE INTEREST RATE WILL RESULT IN HIGHER PAYMEN'I'S.:
<br />DECREASES IN THE INTEREST RATE WILL RESULT IN WWERPAYMJ!lN'PS,
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<br />This Rider is made this . ..n~.t.... day of ,..... . .........~1i!.y..........., 19!!:L. and'isinc>>nlO~'
<br />into and shall be deemed to amend and supplement the Mortgage, Deed of Trust. or Deed to$eC1:iH,]:)el:,t
<br />(the "Security Instrwnent") of the same date given by the undersigned (the "Bortower")to8eCUie'BI)r.
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<br />rower's Note to .......... ....,... .......... ..,... ...............,... ..., .,...., ,..................,..... ....,....""..................:...........,.,,,.:.,.ii.;.L,.;,..
<br />.FiI.st.,federal, Savings.,aod.,Lo.ao..Assoc.iation."of.J..inc.Qln~,.a..Wnj;j;g!L~j;Rt!it~".\l!1~I'!~j.tlQO.~.
<br />(t.'1e HLender'~) of the same date (the "Not-e") and covJJring the p.roperty-deRC!'ibEk.l incthe_~"',-~
<br />m,mt and located at ..l109..West.t.o.uise"... .................Gl:and..lsland~..Nebra.ska..6.8.aol:.........
<br />Property Add_
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<br />MODIFICATIONS. In addition to "he covenants and agreements made in the Security IIJlltrumeDt/B6~
<br />rower and Lender further covenant and agree as follows:
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<br />A. INTEREST RATE .AND MONTHLY PAYMENT CHANGES
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<br />The Note has an "Initial Interest Rate" oL.....12_0.9.Q... %
<br />Interest rate changes may occur on the 1st day of ,...........,...................S5:.P.t.i:[!I!;l.e.l:. 19.J!:?and;'ollc.-tIIe.
<br />]st dav of ............................December.." ]9..85.. and on the ]st day of ..........................Mamh.........., 19L.~
<br />and o~ the 1st day 0(..... ......................JlJ1:le..........., 19..,86, and on those dates of thosemonthsin~,
<br />year thereafter, Each date on which the rate of interest may change will be called a "Rate ChangeDate'~
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<br />Changes in principal and interest payments to adjust amortization of the loan to conespondwith
<br />interest rate changes shall be made on the 1st day of ..................................l.lne.............,.19..86..aDdQn;that
<br /><late every .,_____~_... year(.) thereafter, Each date on whid. the principal and interest payment may
<br />('hange will be called a "Payment Change Date".
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<br />Changes in the interest rate are governed by chang"" in an interest rate index called the "l1tdex".
<br />Chet'k box (es) to indicate Index,
<br />( I) C:l "Contract Interest Rate, Purchase of Previously Occupied Homes, National Average for !Ill
<br />Major Types of Lenders" published by the Federal Home Loan Bank Board.
<br />(2) [)(! . ~j<.lSl:.ab-l<;;,.Rate..No.Ul.. _.Monthly.. a."e:tage,.l'ield..on.U~S...J.teasw:)(..SecuIiUes..
<br />adjus.ta-(\..to.a..GQf\GtaAt.~z;j,tY-,of.l. .\faa-r: .put.lisbea,by, . ,the. ' F.edexaL Re.se.:clle.,aoaxli..................
<br />Check box(es) to indicate limits.
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<br />( I) C If this box is checked. there will be no maximum limit on chllllg\lS in the inl;efll!lt rate up"or
<br />down. The Preliminary Rate referred to in the Note. will be the new interest rate.
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<br />(2) ~...) If this box is checked, the interest rate that I pay shall not incl'(,'llSll more than ....................
<br />p,>rcentage points on any Rate Change Date,
<br />(:H '.J If this box is checked, the interest rate that I pay shall not decrease more th!ln ....................
<br />percentage points on any Rate Change Date,
<br />\ 4) ~ If this box is checked. the intel'< rate that I pay shall never be more than ....13.95.Q... %
<br />during the period I have my loan,
<br />(;,) [:1 If this box is checked. the int"test rate that I pay shall never be less than ....0.....,........%
<br />during the period I have my loan, '
<br />(6) [J If this box is checked. the principal and interest payment that I pay shall not increase more
<br />than ptlrcent on any Payment Change Date,
<br />(..) ::J If this box is eheded, the principal and interest payment that I pay shall not decrease mom
<br />than . . . percent on any Payment Change Date.
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<br />The monthly payment amounts w:ill also change on Payment Change Dates as provided in the Note,
<br />Because payment changes may O(.'Cur less ofteu than interest rate changes and/or may be subject to certain
<br />limitations described in the Note, the monthly payments may be insufficient at times to pay accruing
<br />interest, In such case, unpaid inter""t is added to the principal balance of the Note and itself will a<x,ruc
<br />interest ther"q!ter.
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