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<br />I <br /> <br />34 ~i 002888 <br /> <br />Loan No, ....';g.7,;ZJ~.1~j,8....... <br /> <br />r <br /> <br />~ <br /> <br />I.INCOlN <br /> <br />ADJUSTABLE RATE LOAN RIDER <br /> <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 PAYMENTS. <br />DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS. <br /> <br />This Rider is made this ,.......3,Qth....... day of ..'h.......'.......,....~...........,. 19,!!L. and is incorporated <br />into and shall be deemed to amend and supplement the Mortgage. Deed of Trust. or Deed to Secure Debt <br />(the "Security Instrument") of the same date given by the undersigned (the "Borrower") to secure Bor- <br /> <br />rower's Note to ..".,.......h...'...".............".......,..",.".,...,.,"...,.,..".......,..,......,........,........"...,.,.:.......,..,....,...............,.... <br />~i.~:>.~,..~~~.e,r.?:~."S,":~i.~.~, ..~Il<!...~9."Il., ,:\"",?S.i.,,!':l!?"., !?f.. .l:,.tn.<;,,? b!'!."..".J.!!'!J.~~!!,..l?,~,,!'~.~.,~'?!i>,9-!,,!,:tQ!!..... <br />(the "Lender") of the same date (the "Note") and covering the property described in the SecurityIilstru- <br />ment and located at .1,i\..'li."...T.!'::l.y',?1,i.""''''''''h'''' .""""" ............,Grand...lslaud..,.Ne.braska,.6BB.Q1............ <br />Property Address <br /> <br />MODIFICATIONS. In addition to the covenants and agreements made in the Security Instrument, Bor- <br />rower and Lender further covenant and agree as follows: <br /> <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br /> <br />The Note has an "Initial Interest Rate" oL...,n,,;?'f.Q...h % <br />Interest rate changes may occur on the 1st day of ...u....h......,....,.......?J'll?'."'mDJ'lX..,. 19>>.;;.... and on the <br />1st day of """"""h....u.........lJ.~f!:'-'l!!:>~"...." 19\1.?.... and on the 1st day of .....,..,.......,.......M"".<;.,Q..........., 19.afi... <br />and on the 1st day of ..........h..................J~,I)&'.............., 19.1,l.9.... and on those dates of those months in every <br />year thereafter. Each date on which the rate of interest may change will be called a "Rate Change Date". <br /> <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 .........,..............,...,June................., 193.6..-.. and on that <br />date every ..,::::::::,::,::::...... 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) U ~(U~.lj.t"'!1J&,.R<!);g..,NQ);g.,:::.JojQJ:1.,.hJ.y...i!)(eA.il.ite..y.i,d!!..QIl..V."S"...J:J::g,~.liI!Ay...S.!l!;)u:it1~,$,.... <br />ad jus t,:',~"!!?.."..f!?.'l!;~"n.L.'!!,,.t;,I,l,r.~);y...Q.f.,.l...Y,!li!r,..P,\!!lJ.:ll',h!l!!..,t>y....t;b.~,.,f.ggg.r.i!l.,K"'.~!l!'Y."'...!!2~.r.9.'.............,.,.,.. <br /> <br />Check box( es) to indicate limits. <br /> <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. <br /> <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) 10 If this box is checked, the interest rate that I pay shall never be more than ~3~.950...,., % <br />during the period I have my loan. <br />(5) 10 If this box is checked, the interest rate that I pay shall never be less than ,a................. % <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 mQre <br />than .................... percent ou any Payment 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, <br /> <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, <br /> <br />J<'(N-m&i3 <br /> <br />u <br /> <br />L <br /> <br />L <br /> <br />--1 <br /> <br />L <br />