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<br />84 -- 003223
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<br />0908507-f!
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<br />ADJUSTABLE PAYMENT RIDER
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<br />1HIS .AIlJUSTA&E PAYMrNr RnER' is 'made this 1 ()ti,: .day:-.of .Junt', 1994 : -, , - ,_ ~;:-i:s
<br />incorpOtated into andsllall be deeuEd to~~'theMortgage,~of'!:'rust;0J:'I)eed7td.
<br />Securel)ebt (tbe"Seo.u:ity!rettU\le!tlt") of tlcesamedaJ:egi~bythe....rs~~(the'o'Jk>~~)Ip.
<br />sewre I\brtbwet- s Adjustable Fayment:Note. to TCMer Fl.nBI1Cia1, .Inc~(~' '1..etiderH)oftl1ei_"~'
<br />(the "!IOte") ani ~ the propertydesCrlbedintheSecurityImt:rUDellt.aixFlooated'cs.t,c,:':,
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<br />The Note Contains Provisions Allowing For' Changes'
<br />Monthly Payment And For lncreases In The Principal
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<br />The Note Also Provides For Calculations Of !We)
<br />One Will Be The Amount That I Must Actually Pay
<br />Amount That I Would Pay Each Month To Fully Repay
<br />This Means That 1 Could Repay More Than I Originally
<br />Repay My Losn Before The Maturity Date.
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<br />AOOTrIOOAL CJJVENANl'S. In addit:lon to tbe cavetlllllt8 andagreEm!!nl:$
<br />Insttumet1:, Bort'Oo1e1' and Ler:der fu:rt:her' cavetlllllt and agree as. follows.
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<br />A. INTEREST RATE AND MONTHLY PAYMENTCHANGf~" "
<br />The Note proYidesfar an initiaLinterest rate of . "J.dJ%. Secdo'll82,3,4,
<br />Note pra\1ide for d:laqJ,es in tbe inl:en!st rate and tbe IIImthlypaymants, SS:fol:lrilolsl
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<br />"2. INTEREST
<br />(A) I.nmrest Owed
<br />Interest will be chaxgedon that part of principsl wh1ch has not
<br />det:e I moeive pr:incipaJ. ani cact~ until tIE fuUIllIDUIlt. of
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<br />llegimi.ng on the date I reati. ve principal, I will pay
<br />The intl!1'l!St rate 1 wUl pay as.y change on tIE first day of
<br />and on that day every 6th tlDIlUt tlm:eafter. Each date on
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<br />~ ~~In~e"'J\!~I;lZ'1' ~,U ~!>~,,~,~fx,~~~
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<br />(B) The Index . . .. .'. .' .... .' ...... ......
<br />Beginning with the first Interest Olaxlge Dat\;, lIl'f interest rate will bebil&ed.onanln.'lt.llkThe
<br />"Index" is the. \Ieekly Auction Avera&e Rate on United States T:reasuIy bUlswitha ,\l8tt:ltityof6
<br />lll:mths, as ~ available by tbe Federal Reserve BoeJ:d. TheaostrecentIndex figure as' of the 'date:
<br />45 days before each Ineerest Change Date is called tbe "Current In:lex".
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<br />If the ~. is nolanger available, the Note tlolQ!r will dnose a new index:,.;>.kb is~Upon
<br /><::CQp3rable JnfOt\1lation. The Note tlolkr willgl.ve II>!! rct.:ir:eof this choice.
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<br />{C) Calculation of fnter....t Rate Olangt:s
<br />Before e.och Interest ~ O<lte, the lbtetlol.der will csJ.cula.te lIl'f new~t~byscld41g
<br />J .(JOZ, _ pereencage pal.l1tS (!.:..':~::'-_ %) to the Current Index. The Noteaol.der willtben~
<br />clie resuIX of this Mdition to tli> rearest ~1g!>_t!\ of onepe~.point (().l~); 'I'l1iB.:roo~
<br />IllIDUIlt will be lIl'f new intere6t rate uotil the next Interest.Olatl8e !lete. Ex".,!,,, the '<I:d",,,,> IntcrI;-$t
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<br />,L.~lt~ 1C,h,~,d J f,<\t (,}:{':t.'l:'d t I,
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<br />(D) Interest Aft\;r Defallt
<br />The interest rate req\dred by this Section 2 is tbe rate I will. owe both before and. after any
<br />defaill: described in Settion IO(B) be!.oo.1.
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<br />3. CALCULATION OF AMOUNTS OWED EACH MONTH
<br />The Itlte lbl.der will ca.l.m4te lIl'f full funthly Jo.IlWnt. The ~'FullMoothl.y Am:>uot" is tbe3llXlUllt
<br />of the llXlllt.hly payIIlOIlt that would be wfficient to repay the ~ principal 1:alance ofl1fj lcenin
<br />full at the interest rdl:e I am. required to pay by Sect:lons 2(A) and 2(C) sbovein subst:am:ially eqUlll
<br />pa)lIIIeDtS on ~;' : :\cl~___, which is called the.....turity date". My fiISt Full
<br />Moothly Jo.IlWnt is"Ur's i.57. Jl ,Before ea:h Interest ChIlqpa Date, the Note !blde.r will
<br />cal.cu1ate the new.Full 16itlil~-which I will ""'" each tlDIlUt begi.nn1ng on the first IIDI1I:hly
<br />P<\l'IIlllOt date after tm Interest ~ Dat\;.
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<br />The full MollI:hly Jo.IlWnt 1 owe lIIiY be IlI)re or less thm tIE am:>unt I am req\dred to . pay ea:h
<br />llXlOth. Sect.1on 4 below states the. am:>unt of I1fj noot.hl.y pa)'IlIi!Ilt and ro" it will change. $ett,ion 5
<br />below. desc.d.bes ro" lIl'f unpaid princl.pal balan::e. will change if. the ancuot of lIl'farmthly payment an:!
<br />tIE full MollI:hly AllXlunt are differetJt.
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<br />4. PAYMENTS
<br />(A) 1'hail. '~" P~ of P~
<br />I will pay principal ani interest by ~ paymenta f!!VS'rY 1IIll'lth.
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<br />I wi1l 1IlIillte f11'l lIDI'lthl.Y payments 00 tIE first day of each moth ~ on
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<br />~ .1.i. ~~CiliiFaW ~ J::-t~~below~t~lIIiY ~l ~~ ~~ t~
<br />1IlOl1th.1f pa~ will be applied to ,interest before principe!. If I still owe BllIJUIlt.s under this
<br />Nota 00 the IIllIturity date, t will PSY. thoo$e IllIDUIltS In full OIl that date, Thoee IllIDUIltS caW:! be
<br />~ thsll the ilIf:ItWt of I1fjlllstlll:lQthly p8)'\lIilIlt before tIE IlIitud.ty date.
<br />1 wi11.lllIllre lIl'f ~y ~ "t2120 South 72nd Stteet, CIlIoba. Nebraska 68124 or at a
<br />dJ.t~ j>1aee if t<<ju1:rtld by thebe !bl.der,
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<br />AD.JIJSTAIlLI:: PAYMENT 1I0tL 5 MONTH TREASURY HHio,;';
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