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<br />I
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<br />84,--
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<br />002978
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<br />ADJUSTABLE RATE RIDER
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<br />THIS ADJUSTABLE RATE RIDER is mad. this ____/jtt"l_~: or __ Ju~_ . I~,
<br />and is incorporated into and shaH be deemed to amend- and supplement the Mortgage, l~ of Trust, or Deed to Stocure Debt (the uSecurity
<br />Instrument") ohhe "'''''' date given by the undersigned (the "Borrow.r") to secure Borrower's Adjustable Rate Note 10 HOME FED~"
<br />SAYINGS. I LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA (th. "Lend.r") ofthe sa"", date (th. "Nol.")
<br />and covering the propeny described in Ih. Securily Inslrument and 10000led ar:
<br />
<br />____,___,__~fjJU.~~_l[)_':Il.!__~r..'''_''t!_}.:s};.?nd. Nel:l.rask3_.__ 6880!,
<br />(ProperlY Address)
<br />
<br />The Note <.......... pro.......... ~ for clun.1iS in I.... Int_ nole. If Owl_knot nile
<br />i_, ,to. 1Iorro_'. _, P8,'_r. wm .... hItller, If the 111_ nole ....--, the
<br />IIorn>w...'s _1oIy pa)_r. will.... low....
<br />
<br />ADDITIONAL COVR"ANTS. In addition to the coyenant amI agTeemenlS made in lhe Security Instrument, Borrower and Lendft
<br />further cov~ant and agree a't. foHow;;:
<br />
<br />A. INTEREST RATE AND MONTHLY p," \'MF..NT CHANGES
<br />The Note provides for an initial interes.!: rate of J:..~~_ % Section 4 of rhe Note provides for chanlJ($ in the interest rate-'~:--th~fi
<br />monthly payments. as foUow~'
<br />
<br />(Ill lkl_
<br />8ecJnmng Wllh the nut L'hanlle Oa'e, my "'teT." nut will be ba5ed on an "Index," The Index is lhe weekly averqeyidd on,Unitedllhltes
<br />Treasury securities adjusted to a ,onstan.! rna1UTJty of __~__~_ years.. as made available by the F~ Reserve- Board,;. The molt'
<br />r.eellt 1nde.J< f!gUfe a,1lilable as o{ 45 days betore eacI1 ChlUlll" Date is ealled the "Current 1nde.J<."
<br />if' the index is no Jonaer available. the Note HQlder wiU c_boose a new in-de" which is based upon comparable information. The Note- Hoklct
<br />wiU gwe me notice of jt~ chOK'"t.
<br />
<br />
<br />4. INTEREST RA TE AND MONTlfL Y P,4 YMENT CHANGES
<br />(A) CIoaoIIl' 011...
<br />ThcintuestrauI wiUpaymaychangeonIhc .~_dayof AUQust 1-9~_~and,::'
<br />on that day of [roe- month ~ry . 12 months: thereafter. Each date. on which my interest Tate could chanae is ca1leda 'I-Chauae:'~""'1
<br />
<br />10 ~O,~~
<br />8eJor~cach Cha.n&c Date. th~ Note Holder will calculate my new intct<<i rwtl: by addina ~ t 1M) ;qnd nMP__M J f ~~,poinlS
<br />L~,..L~_~ _. _"~'->_"><'__ 111) to the' Curreni I nt:kA. and roYndint: to the neartst 1/8~, The i!Ul1 will be-my new intercst rate. The minim,um in~;i.ate'
<br />on tOU loan will be no !cs-, than __._.9-S_~~~~".,~____~, -The miWnui-m intUe51 nue on [his)O&(1 will be- no more than 1/.1 5 .,.~
<br />The Not. Holder lOll! 'heft der..nnn. the WlW"''' 01 tile _'illy paymen' tha' wouM be .,,!fici.ot 10 '''''*Y in full the prind"H '"'" c
<br />a:pet;iro iv ~ on tr-~ Ch.an8~ .Date in ~"\tw!y equal P'!ymtnu. by ~ fl'UllUfity date at. my new interest rate~ 'The Iesult of-this~,
<br />will be the. new amouut of my ft'lOuihly ptlY'fllCnt
<br />
<br />(D) mlCll" u.... of ~
<br />My new lot.....!1ll. will bKome e/T...~,>< ,m each Cb~ Oa,.. I willpa) lh'lUll",,"' of my oew monlhly pllymentbetinnina oolhefirtl
<br />monthb piiy-mctlt dti(- after the (:banae Date- until the: iUl\o.unt of my muIilbly pll.)'ment cb~ a,p.in.
<br />
<br />(t;) ~of(;"-
<br />Th;; Note H~ 'lI'l'ill!'!"&1 OJ: detver W'!M:~ fi(tU~ boef()iC~ ~hChllni~ Date. Tb-el1Ul,~wiU adv.bc-,meo-f:
<br />H} the lle* imert$( ra\t on m~ ioan as of tbe (.n.allj;1; Date;.
<br />Iii) the amoun' of my' _.uhI) paymenl rollowiDll th. Cbang. Oate;
<br />(ill) any addltloual _tier. wl""h the Not. Holder II r"'lulfed to discl<>se; and
<br />(lV) the title- and tete-phuue oumbel of a pe.non who will a.m:*et any q\tCStion 1 may have rqardina the notice-.
<br />
<br />B. CtlARGllS; UENS
<br />Unitonn (:ovmant 4 of tnc SecUli[)' .l..MttUllKuIIS -Wncnded to re~ as follows;;
<br />
<br />... <-........ u.... Bo'fQwer ,ball pay all tax.., ....,..m<:n!.. and orh., chars"" fines and imposition" attributable to ,he PrOperlY wblch may
<br />atllltn a prlorily oYer 'hi< See"n,y Instrwmnl, and Ie-.okl paymenu of ground rents, tr lUly,ln lb. manner pro.Wed under parqrapn 2 hereof
<br />or, if It<)( paid. in .ucll tnlltUlCt, by Borrower malung paymeUl, wheri due, dlfe.;Uy '0 ,he payee thereo!. Borrower sball promptly r....nish to
<br />l.etlde< all !lQli<es "I amounu due und<f thIS P8f"8laph.. aod lO the '-"'''In Borw"'... ,hall make payment dlrec'ly. Bur",w", shall promptly
<br />funw.b to t..mck:r receipu ('videncilll wch pa)'tllefllS. Borrower -:thaU promptly discrullje any hen which has iWlOriLY oYer lbil Security
<br />ht&ttumc;nt; b:owcvCl~ tlocrow"ef sbaU not be required to diS\:harg-t: an) such tien.1Oo 1001 as Borrv~'ef. (a) shall agree in writin& tQ the payment of
<br />tbtobDpl<<mt<<ureQ by -lkKhIJenin amanOOf K'l:."Cpul,bk to L("ndel~ (b) $hall In good faJthc{lm~t ~ucb hen by, or defend against enf~ment
<br />oj ~ lien in, Iepl pr1Xeedl..... wlticb in lhe uptllion of l~r operalr tu pr""""t the enfor~cmelll or the lien or forfeilur. of tit. 'Properly or
<br />.llQ)' p.l,U1lhcreul; Of {t).m.u s<<~e from the hokle1 of s-uclt hen.an agreement tn a form ;jatis.fa"lIlry to {..alder 5ubot-dimuina ji'uch l~ to (hi$.
<br />!le<;lII'ityl__L
<br />Iflc-nder dctcnninel that .u ~ liD)' .parI of tbe PrOVCll)' is; ,-un]ect to .it h~ wtuch ma.y attain a pnul'il:)' Qver {tIt~ Security Initn.uueoJ. Lender
<br />~ thO(' ~.TOWC1 .. oottt.'),.'; Kietlltifyinc. such bon. Borrow" ~U satuJy ,,.ucllllltn Of tale o.ne or InQtC of the a.~t!.onl $t:l fOfth above, within l'=fl
<br />aa}':l urllle ..v~ or ,he~,
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<br /><.:. NOTIQ;
<br />UtliformC"'_114ul.thes..",lty 1t>M'Uln<nI.. ~ II> t.ad.. 1<>Ilow'.
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<br />~ ~ f.~ tilt ~ ~ii,l:(: f-equitcd ~ iApptletlbk law w be gWen m wl.vlh(::r !llanJltt~. Hl,llUl) tlQti\-"C ({) UOtr(l~~{ p-ro'l"lde;J f(l( U1 (ht~
<br />_"W-'~.f INlU~ ~ ~ It\-U tt.)' ddJ\lff1n& U \)f by !\1;lIiUna ft by nut tf.u$ nw.U h) Bo-flQwet 4;1 rbe- Pr~rt}' Atk1f~~ Of .!l ~\,Kh .J~hC'l a.Jdra~
<br />.. -ao.a~ ~- ~.-t b)' ~l<<' UJ t~t ~ ptQ~>>Hd hei;an~ ~ tb} lUt)' n\"!{~ h:'- t.end~ :than ~ ,n:t:n b-~ HNt ,-'~~$, mad h) Lcudcl '",
<br />,~$'t~hcft'ttil"W to~h~ ~,;\t-t(-fidt'lO:lil,)!dw.lf~b)'Ml~tt;JmWH.lW~1" ~prQ"~l~edhtftl-l't> A-n:r nt~\\'" pt1,.1\,,<k:tt 1m U1lhh
<br />~Wtt" 1~JU~ ~ ~ ~,~ 1,1;1 Wt'O't' ~ g,Hffi H~ lkKl(-I'W'~ m Ln.li,~t ~bc.n jl"-f-f1 ill tht tt)i,fine'f d("~~!Zfiatt'Y ~w;i.nn
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