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<br />84 - 003362
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<br />Loan No, ""'tt9t9'"t"'T8""h
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<br />ADJUSTABLE RATE tOAN RIDER
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<br />NT SECURES A NOTE WHICH <:;ONTA.INSi
<br />A PRO~');" y~) CliANGES IN THE II;,'1'ER1i:STRAT.E,'IN-'
<br />CREAS~st~. .. TE WILL RESULT IN HIGHEIHAYME. NT~'..
<br />DECRE .. 1~:RATE WILL RESULT IN LOWERPAYMENTS;-
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<br />This Rider is made this ..,.......,2.5,1:1:,.,.. day of .....'.:___.m'..___.!~.....,.., 19.,8.~..andisincorporll.ted
<br />into and shall be deemed to amend and supplement the Mortgage. Deed of Trust; orDetidto SOOureDfbt
<br />(the "Security Instrument") of the sllme date given by the undersigned (the."Borrower")tO:secure:Bot~
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<br />rower's Note to ,..................,.....,...........,.... ,."....,.",.,.. ...................,........................",......,........,.......,...,...,,:.:.""....;...;,~...
<br />J.'.lrst...F,ed2rAl,.Sav.lngs.,.and.l.oan..Asso.<:.i.ll.tio.Q..o.f..,Li=1n.r....,.Un.;Lted..s.ul:_".c~'C~n,,,.
<br />(the "Lender") of the same date (the "Note") and c"vering the property describedintbeSeimritylnstl'tF
<br />ment and located at .nS..Nox.th..Ro&gs............,..,.... 'p.ropa:iYX'iCi~tlsiaM-,...!h.-bra'Ska-'~l:;"........
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<br />MODI.l"ICATIONS, In addition to the covenants and agreements made in the Security Instnunent;Boi..
<br />rowel' and Lender further covenant and agree as follows:
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<br />A, INTEREST RA1'E AND MONTHLY PAYMENT CHANGES
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<br />The Note has an "Initial Interest Rate" oL.""lcho%.--.%
<br />Interest rate changes may occur on the 1st day of ..--........................,.-Oat;G-bet'....... 19.3-~,. and:onthe
<br />1st day or ................................J....-I';'"".. 19-3<>... and on the 1st day of .........................AlH'oiO}',."..---;, 19.U:,
<br />and on the 1st day of ..__ ..............,.....---..,1, ,............. 19.U" and on those dates of those months we\l1llY'.
<br />year thereafter, Each date on which the fb of interest may change will 00 ("ailed a "Rate Change pate~!,
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<br />Changes in principal and interest payments to adju..t amortization of the loan to correspond With
<br />interest ra. tc. changes .hall he made on the 1st day. ol.h.,...-......:...,....--......;lu:ly,;,........':..., 19.&& '... .and... o. nth!lt
<br />date every ,..~_..c., year! '.: ,hereafter, Each (late on whlch the pnnClplU and mtere!rt payment may
<br />ehange will be called a "Payment Change Date",
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<br />Changes in the interest rate are governed by change>! in an intcreBt rate index called the "Inder:,
<br />Check box(es) to indicate Index,
<br />(I) e,l "Contrad Interest Hate. Purt.hlUlt! of Previously Occupied Homes, Natiolllll Avcmgefor all
<br />Major 'l'ypa$ of Lenders" published by the Vecitmll Home Loan Bank Board,
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<br />(2) ID Mju8-t;...b!e...l<ae....Noc...,- ,.Mo1'tt'hly"eve..a1i" "y.l.. id .,(>1t.4J .b.... ,I~"..........y., li>ecurl'H_'"
<br />ad j us 1;~,.to-......"_ta"".'....."ur.H'I.. ~.t. ..1.. Y"'''''''f'",b'l'b,.hed' ,-!>r,.ihe..l'ed........t. 'l<..--~_,.ao,*r&.'"'' .....,.......
<br />Che<.k hox(esj to indkate limits.
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<br />(1) C) If this box is checked, there will be no maximum limit on .,hanges in the illterest rate up or
<br />down. The Preliminary Hate referred to in tht' Note, will he the new interest rate,
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<br />(2) If this box i. checked, the interest rate that 1 pay .hall not increase lIlore than ,..
<br />l",rcc'ntage points on any Rate Change Date,
<br />(~l) U If this box i. checked, the interest rate that I pay .hall not dc'Cl'OOSC lllore than .....
<br />per.:entsge points on any Rate Change Date.
<br />(4) iXlU thio box is <:hec:ked, the interest rate that 1 pay shall neve? he more than '.B~-9cW..'''%
<br />during the period I have my loan, .
<br />(5) [J.1 If this box is checked, the intel'OOt rate that I pay shall never be less than ..0.,..............%
<br />during t.hept.'riod I have my loan,
<br />(6) C; If this box J. checked, the principal and inter""t payment that I pay shall not increase more
<br />than ,... p<,rcl'llt on any Payment. Change Date,
<br />(7) C1 If t.hisbox i. checked, the principal and inteIT"'t. payment that I pay shall not d""rease more
<br />than ...... ,....__..... percent on any Payment Change Date,
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<br />The monthly payment amounts ,,'ill al$o change on Payment Change Dates as provided in the Note,
<br />Because payment changes mayoccUl' less oltenthan inter""t rate changes and/or may be subject to certain
<br />limitations described in the Note, th'l monthly payments lllay be insutficient at. times to pay a.:cruing
<br />interest. In such case, unpaid interest is added to the prin(>ipaJ balan.;e of the Note and it....elf wiU aCCTUe
<br />intHest thereaft.<:r,
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