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<br />r <br /> <br />84 -002913 <br /> <br />Loan No, ....~;!44-1-Hlm.... <br /> <br />~ <br /> <br />ADJUSTABLE RATE LOAN RIDER <br /> <br />NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICHCOI\I'IW~S" <br />A PROVISION ALLOWING FOR CHANGES IN THE INTF$.EST MIl'Pk IN'" <br />CREASES IN THE INTEREST RATE WILL RESULT INHIGHERPA~ <br />DECREASES IN THE INTEREST RATE WILL RESULT IN WWIi}RPAYMENT$': <br /> <br />This Rider is made this . .....J+.~.t...... day of ........~.Y............m....'........., 19....?~;andiaini:(,.~~:. <br />into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, orI::lel!dt.o.~:t.j;' <br />(the "Security Instrument") of the same date given by t.lle undersigned (the "BOrIoWer")t.J~;_f <br /> <br />rowers Note to ...."'........,,'.......,....,........."'..""...,.."..........-............,_........"'..:........_......,:i.~ <br />1'~>;,'?t:_!'~!l,~r;!A.,.$.i\y;f,.IJ&$. ..il,lJ!J...!,QIU\.,,\I!JS.Q,<;;,1a.t,;tQ.1I..of.,J,..i.m:Ql,g.,.,,i!..Jln1tf:9,..~tllil'.t!.!t\g~~~~g"'~... <br />(the "Lender") of the same date (the "Note") and coveringthepropertydeBCribedin:t.hie,~. <br />ment and located at .~Q~...w,\'.~L~1}a.rA".'?...Ay,<!.IIJ,!L..............GralllLrsJ.and.,Jiebras.ka:..b.llaOl.:........;c <br />Property Addless . . . <br /> <br /> <br />MODIFICATIONS. In addition to the covenants and agreements made in the SecurityI1I8trumen~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" o'L...l.lL5i!;Q..... % <br />Interest rate changes may occur 01'1 the 1st day of . ..~!:.P,~,ll~r..., 19.a:i... and,;llll/~ <br />1st day of ' Pe.c.embe,L. ., 1985.... and on the 1st day 01 ........................Iu;r.c.I1..........., 19-116,.. <br />and on the 1st day ol.........."...J.une............, 19.66... and on thll8e datell of those montbB in:~ <br />year thereafter. Each date on which the rate 01 inter"st may change will be called a "Rate Chllnge n..'. <br /> <br />Changes in principal WId .di"Sre5t i?3ymants to adjw;t tuno~...zation of t.he 108.'1 to correspond- _wi~ <br />interest raoo changes shall be made on the 1st day of ..............................J...ne...............,' 198.(,.... and;oll',bt <br />date every ..:c,.,.:c-:c:c- year(s) thereafter, Each date on which the principal and intelellt payment may <br />change will be called a "Payment Change Date", <br /> <br />Changes in the interest rate are governed by changes in an interest rate index called the "Indu!'. <br />Check box! es) t.o indicate Index. <br />t I) ,-.:; "Contract. Interest Rate, Purchase of Previously Occupied Homes, Nntional Average for all <br />:\lajor Types of Lenders" pubbshed by too Federal Home Loan Bank Board. <br />(2) t.:' AdJ,ustalle. ..Jiauc..No.t.e...:c :mnlChl.y. . a..\le.r.age...y.iela,_,un._lJ.,'s',..,rx.ecaslJIy..,Se=r:iti.e.a.... <br />ad jus t ;:d. ..t.O.. <I" .~QlllUanl.. .ma.l.ud.t.y.., (.If ,..1...;' ea.r., .;lub.J.i.s bed ..b;:.. .the.. i:.ede.x:al., .Resex.v.e..M,aJ:ll..., ._.... ........... <br /> <br />Ch(J('k box ( es) to indicate limits, <br /> <br />( I) C= If this box u. chocked. there will be DO maximum limit on changes in the interest rate up or <br />down, The Preliminary Rate referr<Jd to in the Nota, will be the new interest rate, <br /> <br />(2) 'J If this box is checked, the interest rata that I pay shall not increase more than ...... <br />p"""-'fltage points on any Rate Change Date. <br />(3) ..-..' If tbis box is eheeled. the interest rat", that I pay shall not decrease more than ......... <br />pen.'entage points on any Rate Change Dnt.e. <br />(,1) Xi if this box is checked, the intere$t raoo that I pay shall never be more than ,13.,.250...... % <br />during the l",riod I have my 10000, <br />! [,) t[) If this box is ch",.ked, the inte....,:;t rate that I pay shall never be less than .0...... ' ........ % <br />during the pt...-iod ] have my loan. <br />t 1;) 11 this box is che<.'ked. the prinei pal and interest payment that J pay shall not incrt.'lISO more <br />than I"-,rt..,,nt 011 any Payment Change Date, <br />( 7) ....J l! this box is ch"cked. the pOllc.'ipai and interest payment that I pay shall not deerease more <br />than ,.. percent on any Payment Change Date. <br /> <br />The monthly PUYlli~fit amount.~ \\ill al~'J change on PaYluent Change Dates as proviued in the Note. <br />Reeause payment changes may o<'Cur less olten than intert.'St rate changes and/or may be subject to certain <br />limitations des<;rihed in the Note. the. monthly payments may be insufficient at times to pay accruing <br />mt,erest. In sucn case. ullpald lI'Iterest 18 added to tbe pnne'pal balan..e of the Note and itseli will a.xrue <br />"'terest thereafter, <br /> <br />tl:!i'>:U-li4.'l <br /> <br />u <br /> <br />L <br /> <br />..J <br /> <br />L <br />