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<br />84,-- 003651
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<br />Loan No. ...,594J8-1-1S.....,
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<br />ADJUSTABLE RATE LOAN RIDER
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<br />. ",;NQ1;iOE:THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS
<br />. A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE, IN-
<br />CREASES IN THE INTEREST RATE WILL RESULT IN HIGHER PAYMENTS.
<br />DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS.
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<br />This Rider is made this ..,..JQi;!:1,........, day of ............,.....,..........!J.u.J..Y..,.." 191:1,4...., and is incorporated
<br />into and shall be decmed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt
<br />(the "Security Instrument") of the same date given by the undersigned (tbe "Borrower") to secure Bor-
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<br />rower's Note to ....,..,.........".....................,...".................,.......,.".....".....,.......,......,.......,....,...................................'.....
<br />f.irs.t,.EeQ.e.r81"Sa y.ings ,.8ncLLOarl.1\s.s.o.ciation .,of., Lincoln.,. .a..U.oite,d..st.a.te.S"C,O'J:POl'.<J.tion.,..
<br />(the "Lender") of the same date (the "Note") and covering the property described in the Security Instru-
<br />ment and located at 111..C.ame:t...Gouri......."..,.............,......,...,....,!Uda,.,./llebraska..6BBlO.............................
<br />Property Address
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<br />MODIFICATIONS. In addition to the covenants and agreements made in the Security Instrument, Bor-
<br />rower and Lender further covenant and agree as follows:
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<br />A. INTEREST RATE ANn MONTHLY PAYMENT CHANGES
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<br />The Note has an "Initial Interest Rate" of......13~9.5O'___, %
<br />Interest rate changes may occur on the 1st day of ........,.....................J\lollernbe.I:...., 19.85... and on the
<br />1st day of .....___,................___..Eebrua.ry....., 1986... and on the! day of ...................,...,May............,.., 1!l.B6...
<br />and on the 1st day of .............................,AugLJs.t... ,19,86,. and on those dates of those months in every
<br />year thereafter, Each date on which the rate of in,^-l'BSt may change will be called a ''Ram Change Date''.
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<br />Changes in principal and interest payments to adjust amortization of the loan to correspond . with
<br />interest rate changes shall be m;lde on the 1st day of ..................,............AlJguS;t,......."" 1986..., and on that
<br />date every ..._____.,... year(s) thereafter. Each date on which the prinCIpal and interest payment may'
<br />change will be called a "Payment Change Date".
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<br />Changes in the interest rate are governed by changes in an interest rate index called the "Index",
<br />Check box(es) to indicate Index.
<br />(1) 0 "Contract Interest Rate, Purchase of Previously Occupied Homes, National Average for. all
<br />Major Types of Lenders" published by the Federal Home Loan Bank Board.
<br />(2) :0 Adjl.lstable ,.Ra.te,.No.te., -..Monthly...a.verage., .yie.ld..on,ll_S~...T.reasur:y,.Secur.itieS:,.,
<br />adj usted",to,.a"constaAt,.mat\Jri,ty..,o.f,..l..y~r"published..b.y,"the..fede.r.al"Re.serlle..Boar.d_.,......,..,..,...
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<br />C heck box ( es) to indicate limits.
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<br />(1) 0 If this box is checked, there will be no maximum limit on changes in the interest rate IIp' or
<br />down. The Preliminary Rate referred to in the Note, will be the new interest rate. ·
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<br />(2) 0 If this box is checked, the interest rate that I pay shall not increase more than .........,...;......
<br />percentage points on any Rate Change Date,
<br />(3) 0 If this box is checked, the interest rate that I pay shall not decrease more than ....................
<br />percentage points on any Rate Change Date.
<br />(4) 0 If this box is checked, the interest rate that I pay shall never be more than..lA_950:_.,<j{,
<br />during the period I have my loan, . '.. .....'
<br />(5) 0 If this box is checked, the interest rate that I pay shall never be less than;.1O:..9JiO,:c..%.
<br />during the period I have my loan.
<br />(6) 0 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 that I pay shall not decrease more
<br />than .............___.,.. percent on any Payment Change Date.
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<br />The m.onthly payment amounts will also change onPavment Change Dates as provided in the Note,
<br />Because payment changes may occur less often than interest rate changes and/or may be. subject to certain
<br />limitations described in the Note, the monthly payments may be insufficient at. times. to . p"ya~ruing
<br />interest, In such case, unpaid interest is added to the principal balance of the Note and. itself. will accrue
<br />interest thereafter,
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<br />Form 843
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