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<br />84- 002875
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<br />LINCOlN
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<br />Loan No. ..,.S.8H,.3-l:-itr-,....
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<br />ADJUSTABLE RATE WAN RIDER
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<br />NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS
<br />A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE. IN.
<br />CREASES IN THE INTEREST RATE WILL RESULT IN HIGHER PAYMENT$.,
<br />DECREASES IN THE INTEREST RATE WILL RESULT !N.LOWER PAYMENTS',
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<br />This Rider is made this ......,...J.!)17.L.. day of ........,___..___,___....~y....,........, 19..,?J., and is incorp:lJ'llted
<br />into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to8ecuril~t
<br />(the "Security Instrument") of the same date given by the undersigned (the "Borrower")toeecureBol'"
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<br />rower's Note to .",..""..,...... ,............"...",... ",...., ..,.,...,......".., ",....".""..........,..,......."......,...,,:................,.;:".~,.."..,'~.. '
<br />~!.r.;o,~,:,~!',c,i,~!:~J.,'~~y!.gg~..~..Q,I;t,I..Q,q.,!1"A!?".<2~,!~.U,Q!l,.Qf.,.1.:!-,m;Q..!-.!1..,.~"Y.!l!!;~4..~!;~~,~!Cl<9;m!l.!.I!&!!lD;....
<br />(the "Lender") of the same date (the "Note") and coveringthepropertydescribedintheSecl1tit)..~
<br />ment and located at At~,J<;~n.').!',c,i.Y..!!.Q-',IJ::!;...............,.,........,..........G~~..I.&J.and.....IlIebraaka.....688D.t:........
<br />Property Address
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<br />MODIFICATIONS. In addition to the covenants and agreements made in the Security Instrument;"BOr-
<br />rower and Lender further covenant and agree 88 follows:
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<br />A. INTEREST RATE ANn MONTHLY PAYMENT CHANGES
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<br />The Note has an "Initial Interest Rate" of......11...5.4Q...., %
<br />Interest rate changes may occur on the 1st day of .,............,..............,S.e.p.temhe.r.., 19,8.5... and.QJlthe
<br />1st day of ......._________..___........,J),e.c.emb.e.,L.., 198.5.,.. and on the 1st day of ..............___.......Ha..I:ch............ 19.81L
<br />and on the 1st day of ..............,.,.....,.___....J.une.,___........., 19.86... and on those dates of those months in ~
<br />year thereafter, Each date on which the rate of interest may change will be called a "Rate Change Date' .
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<br />Changes in principal and interest payments to adjust amortization of the loan to correspond with
<br />interest rate changes shall be made on the 1st day of ,...,.,.........................lune................, 1986.... andon.tbat
<br />date every ...::',7,7.7.::::,7...... year(s) thereafter, Each date on which the principal and interest payment may
<br />change will be called a "Payment Change Date",
<br />Changes in the interest rate are governed by changes in an interest rate index called the "Index".
<br />Check box(es) to indicate Index.
<br />(1) 0 "Contract Interest Rate, Purchase of Previously Occupied Homes, National Average for ,all
<br />Major Types of Lenders" published by the Federal Home Loan Bank Board,
<br />(2) XJ Ad.j.ustable...Rat.e..Nn.t.e..::-.,ManJ:hl.y.".a.v""J:age...y.ield..,an..lJ,,SA,.I.r.e.aS11.J:y...Se.c.uri.ti.es....
<br />ad j us ted...t.a..a..c.ansJ:.ant...ma.t.uri.t.y.,.af,,~., 'j:ea.J:, ,pub.lish.ed..b'j:...the.. .E.ederaJ.,.Res.e.l:lle..llD.ardd.........,.........
<br />Check box(es) to indicate limits.
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<br />(1) 0 If this box is checked, there will be no maximum limit on changes in the interest 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) 0 If this box is checked, the interest rate that I pay shall not increase more than ....................
<br />percentage points on any Rate Change Date.
<br />(3) 0 If this box is checked, the interest rate that I pay shall not decrease more than .,.....,............
<br />percentage points on any Rate Change Date.
<br />(4) iii If this box is checked, the interest rate that I pay shall never be more than .~~.9~...,. %
<br />during the period I have my loan,
<br />(5) iii If this box is checked, the interest rate that I pay shall never be less than ,.(.).........,.......%
<br />during the period I have my loan, .
<br />(6) 0 If this box is checked, the principal and interest payment that I pay shall not increase more
<br />than .._________...,..... percent on any Paymbnt Change Date,
<br />(7) 0 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.
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<br />The monthly payment amounts will also change on Payment Change Dates as provided in the Note,
<br />Because payment changes may occur less often 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 interest is added to the principal balance of the Note and itself will accrue
<br />interest thereafter,
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<br />.~orm 843
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