<br />Loan No. ..,..>&844-1-1:8.....,
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<br />ADJUSTABLE RATE WAN RIDER
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<br />84- 003454
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<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;
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<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 . .. .. .' .
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<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: . .
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<br />A, INTEREST RATE AND MONTHLY PAYMENT CHANGES
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<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,
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<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. '. . '.' .
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<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,
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<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,
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<br />Form 843
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