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<br />Loan No. ..,..>&844-1-1:8....., <br /> <br />r <br /> <br />~ <br /> <br />LINCOlN <br /> <br />ADJUSTABLE RATE WAN RIDER <br /> <br />84- 003454 <br /> <br />- <br /> <br />NOTICE: THE SECURITY INSTRUMENT SEClffiES A NOTE WHICH CONTAINS <br />A PROVISION ALtoWINGFOR.CHANGES IN THE INTER:EST'RATE:IN" <br />CSEASES IN THE' INTEREST RATE WILLRESULTINHIGHERPAYNIF):!\l'I'S; <br />D.E:CREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS; <br /> <br /> <br />This Rider is made this ......,Z,lttrr......... day of ,..,.,..,.....,......,.....J.JJlle;....,., 19JH...,andis.irtCll~~ted <br />into and shall be deemed to amend and supplement the Mortgage, Deed of Trust,or.Deed:to..~l!Cl\ireJ);bt <br />(the "Security Instrument") of the same date given by the undersigned(the..Borrowe~~}.to~.l3Or:..- <br />rower's Note to .., ,.....' ,.....,..... ,.... ..., ........... ...,......., ...., ..........., ,... ,. ..,. ,. ...,.. ,...', ,~...........:..,.,..,;..:....:..:;.,;f:X: ,,:~;';;i;':'; <br />,~~t:.s. t., ,F. ~,~,~E!i~. "S!iX~':811, ..~r:~,.,~~!'!!.'.. ,~~ !!P,c;..~,!\); .t!?'Q. ,l?f...~,:!.,~c;.,~.J..1.'." ..!\,:!!!lJJ;f!!!,:.!?,J:.~);.~~. . tio~ <br />(the "Lender") of the same date (the "Note") and coveringthepropertydeseribed~tlt. .. .~~-,. <br />ment and located at ..1.()()?,..E.a.!'!t;...B,~,!\!",I!,;:~..,...,.......,......,...,...........Gran.d...IsUi.nd....NiDrB.sk.a.~h.8:8.Q1;.....",.: .' <br />Property Address . .. .. .' . <br /> <br />,:,-.":',,:',,: <br /> <br />"-': .-. '-. ',',"::-"" :":'-/"';-;"-"-'-":"~: ~ <br />MODIFICATIONS. In addition to the covenants and agreements made in the Security:l:jjJi~eri.j;l~iJ~i: <br />rower and Lender further covenant and agree as follows: . . <br /> <br /> <br />,-,'-;-'--' <br /> <br />i::,\'-,<' <br /> <br /> <br />_.":::;'~:-.;:::r-;~~: <br /> <br />f;-}::~~~:~~:'~ <br />:r}:~::'e <br />--~,' y"<) <br /> <br />A, INTEREST RATE AND MONTHLY PAYMENT CHANGES <br /> <br />The Note has an "Initial Interest Rate" 0' ,...~Z..,9.9.Q.... % <br />Interest rate changes may occur on the Ie lay of ..,........,.................,:Qc.t.o.be.r...,::, l!l;B,~;:and.ill <br />1st day of ........................,......J.il)}).l.lll:Y......, 19.t\z... and on the 1st day of.........,.............;.A!1.t;!..J:..:.,.'-;-.t; <br />and on the 1st day of ...............................July............,' 19..8.L and on those dates of. thoQl> montljS.in; <br />year thereafter, Each date ~n which the rate of interest may change will becal.leda"Rate~Il<.<.. <br />Changes in principal and interest payments to adjust amortization of the loantoco~d..~i1.1.. <br />interest rate changes shall be made on the 1st day of ................................Jul,)t......."...,,'. l~8:7..:c.:flP:aiin,~;; <br />date every ....::::::::,::::::..... year(s) thereafter. Each date on which the pnncipaLand interei!tpaymllIlj;.rim.y,;. <br />change will be called a "Payment. Change Date". <br />Changes in the interest rate are governed by changes in an interest rate index calledthe!'rhdej'~.< <br />Check box(es) to indicate Index. .... <br />(l) 0 "Contract Interest Rate, Purchase of Previously Occupied Homes, NationalAveragefoban:' <br />~1ajor Types of Lenders" published by the Federal Home Loan Bank' Board. <br />(2) IK] .MJ.l,l.s,tllbl.e. ..Ra,t.",.,No t.e.,,::. ,!io.t\th .l.Y..,aJ/I:I.age ,.yi.e.ld., ,o.t\,Jl.,.s,.". 'J:r.eaal.lIY:,.S.l'lcJ.U:1l:~;, <br />ad jus ,.~~"...Q..il,. ,G.o.nata.o.t..\JlIl.t.\l.J:l.ty" .uf,..L.'j ear. ..p.ub~l.ahed."by.,.th.e."l'ed,eJ:a.l...R(iIlIlX;V.e..Jlllar.ll.A"".,......,..:,.>: <br />Check box(es) to indicate limits, <br /> <br />(l) [J If this box is checked, there will be no maximum limit on changC$ in the intefllStrate.1iP'(jr. <br />down. The Preliminary Rate referred to in the Note, will be the new interest rate. '. . '.' . <br /> <br />(2) [] If this box is checked, the interest rate that I pay shall not increase more than ..................., <br />perCl'nt.agl' point.~ on any Rate Change Date, <br />(3) [] If this box is checked, the interest rate that I PllY shall not decrease more than.......;.,...,...,.. <br />pc.rcentege point.. on any Rate Change Date, . <br />(4) ~ If this box is checked. the interest rate that I pay shall never be more than ..13...9.,50.....% <br />during the period 1 have my loan, . . <br />. . (5). ~ If,t~i~ ,box is checked, the interest rat~ that I pay shall never be lCS!l than..O........c:.."..% <br /><lUrlng tne penun i ua.e .il"ij-" 10<<11. <br />(6) D If this box is checked, the principal and interest payment that I pay shall not increase more <br />than. ... _........, percent on any Payment Change Date, <br />(7) 0 If this box is checked, the principal and interest payment. t.hat 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 olten than interest rat.e changes andlor may be subject to certain <br />limitations described in the Note, the monthly payments may be insufficient at times to pay a<.'Cruing <br />interest, In such case, unpaid interest is added to the principal balance of the Note and itself will accruo <br />interest thereafter, <br /> <br />Form 843 <br /> <br />u <br /> <br />L <br /> <br />L <br /> <br />~ <br /> <br />I <br />,"--, <br />