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<br />S4.-- 004087
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<br />ADJUSTABLE RATE LOAN RIDER
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<br />NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CON'
<br />TAINS A PROVISION ALLOWING FOR CHANGES IN THE INTEREST
<br />RATE; INCREASES IN THEINTI1:RFSf RATE WILI.RESULTIN HIGHER
<br />PAYMENTS, DECREASES IN THE INTERE..'IT RATE MAY RESULT IN
<br />LOWER PAYMENTS,
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<br />This Rider is made this __,~t._ day oL_____~:!;.__._____, 19..JH.._ and is incorporated into and
<br />shall be deemed to amend and supplement the Mortgage, Dood of Trust. or Deed to Secure Debt (the "Security
<br />Instrument"} of the 8IIme date given by the undersigned (the "Borrower") to secure BOn'ower"s Note to THE
<br />eaulT ABLE BUilDING AND LOAN ASSOCIATION OF GRAND ISLAND . NEBRASKA (the. "Lender''') of the
<br />same date .the "Note") and revering the property described in the Security Instrument and located at
<br />_,________,____AJ~_J<e~.Y_~Lc:;~~_!~l~L,.~.,~.9+_.__.___,~_"___~_,_______
<br />Property AddN>ss
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<br />MODU'ICA TION8.. In addition to the conveMots and agreem<,,nts made in the Security InstrUment.;Bor-
<br />rower and I..ender further eOVe:fiafit aud &gT~ as {nUaws::
<br />A, INTF..REST RATE AND MONTHIJY PAYMENT CHANGF..s:
<br />The Note has an initial interest rate Hfm., ,'J;;. The Note provides fo/' changes in the inter'est rata and the-
<br />monthly payment as follows:
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<br />llJ Rate CAuge Ihttl>S aJ>d f'''''<!uen<:y Th_f: Beginning in 1: ~_, the rate ofintereBtlmust~Y'F'~
<br />change in the .Ur.st...__,..___.day of tM montQ..__ ~_ _IMonthAf!:erClOliingMClit!l.k"n4-~'
<br />that day ~M-;;;ry..--1.L__~.__m{juth5 th{!~ter. }~ '1 d&~ &n ~hieh th.u-r::t-e of_ in~_~d-~h~_ro~:";~s;:~~~: '
<br />II "Rate Change DaUl," , ", . ,', ,'. ,";';">
<br />121 Tho I...tu, Aoy ,ha~s in the rate ot interest will he baJled onlln Index. Tho "Indlllt" is [%the)4~y;;'
<br />Average Yida on UnitEd SUite Treasu/'y .","",\tie5 adjusted to" constant maturityof_____.,6IW1l'1t1li1
<br />.ll.._.l y<'lIr........3 Yl!<l/'S 3 yean a. lnlldeavailable by the FederalResente Boani'orO tlleN'a~ .
<br />tiona! Monthly \Iedian Cost of Fund" lannuahedl to FSr.IC Inml~ Savings and LOOn Associal;inns.8lIiDadl1;;
<br />availahle by the F",lwlIi Hom(' Loa.. Bank Board, lChock onl\' (>DebOld .
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<br />Tho first Index llgun> i9l' 1 h." Now l~ lO.~";" it i. called too "Original Index," The most _ttyllVau.bl8,
<br />Index figure as of 46 day" bt>1~ ","ell Raw cbange i.. caUed the "Current Index,"
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<br />If the lrKlt>Jl15 on long>;r availahll!. thtl N"w H(.!der will e~ II 0tlW indlllt which is bueduj)on,~ble;
<br />info/'ftllllion, 1m, Not<< H"Ide1- will WV<l me notic" of this choic<!.
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<br />131 Calndati.... of (:hug_ n..Juo: ....__'" Cha~ HaUl. tbe NotA! Holde;: willdete:rminell8Y~;ia,-IXIi
<br />rale of l~. Tho Note Holder willl"'kulaLe my l}l!W intere8traUl by adding ~.__~~,,~~'
<br />c. .2....,.. %1 to t..... Current Inde" 1100 rou.ndint!. the l'l;>I;ult l,Q too I\llareOIt oo~~o!one~~~j!'
<br />10.125%1. Thi~ tOUM~ ll!llQUnt will be thl! 0010' ".te of in_t 1 am required to pay;
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<br />The !ne.Ulnmn i!!t~~ r~l-fi- ! ~'_ill )x~ r~~tt-ir~ l(,l ~y t:H) thi" , ~n -will -_~- 'l}tl 'mur-9:- tlU\tl:---~...~14\i.~~}~:{_~-"..
<br />minimum inl"'''''l ...It- I ....ill b" ,~uir..d to \lay on this loon wiU he nn L_ tban .-..-tI/..il. 'li!,
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<br />'Im, Now Bolder will th"" d1.!<<>rm.one 1M new llm<lUllt 01 my IOOIlthly Pl'ylt\MtWhicllwouldbt!~t~....
<br />rupay 1M nutstandillg Pi'il1C1pal ~e in full on the matul'itydate at my .n8wrat.eof int.llre!ltin~~!'
<br />Elqwol pe.yments, The ......tilt of this Ullcu.latIDll i. callOO the "Pull Pllyment" and willbethe_:aioouDtoJ':my:,
<br />monthly 1..~'menL
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<br />PRO\' ISWIII '\H! llppli(:abl.. only if this 00J< i. chl!<;koo..
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<br />141 Limit.... '''t<:''''''IRaw Incr_: The ,..tr .,1 in...re.t i am requiroo to llllY shall. never be~or,
<br />dec~ on al\~' sing!;, Ral" Chang.. Date by !not" than.. from the rate of intef'lst-I ha~\)(!en pay1nc,
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<br />l$I EffediYe l)a~ of C~ The ntlw /'ate of int_t will bec<>>ne effective on each Rate Cha.ngQ~.l
<br />will pay too neW amount of my ll"-'lfltbly payment each munth beginning on the first monthly payll\lll\t dllte
<br />after th<> Raw Challll" f)al<- until the amount of my monthly llllYIDenl i. again changed. or I hilVe fully repaid
<br />the loan,
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<br />IGt ~ of {:tuu.g_ The NOW Holde< will mail or delive/' t<> me" notice of any changes bIlfore ~Ra,te
<br />(~ l)a~.. The Notk.. will al:h'i!le nN) of the new interl\'St rale on my loan. the amount of my Il!lwmonthly
<br />pay_tiS. and <illY additional matter. which th<! Note Holdei' is required to disclose.
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<br />l'rov~ Am, '\181, A19/, and AIlOl aPPlicable only if this oox is chet:ked,
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<br />m 80rJ0w.'dllg!n Tol..imit MoAthly....y_t: Unl..,,,,, Stletio"" A19.i lUld AtJOI below will,not pernu~ me
<br />l..~..... I may cboo.w to limit the amount of my n..... lllo..thly paym<mt lollowing a Rate Chal!ge Date to th&
<br />lUI>r,IW)/. I h!lv<! ~ pa,Hl\ll multip1iOO hy th.. Ilu.mbur 1.076. This amount is ca~ the "'Limited PaylOOl\t," If
<br />I c~.. LIlu.iW flay_t, as my monthly l'Aymtmt, I musLj{ivt> the Not"lIokler netic" tha.t I amdoil1K sO
<br />at k>ut 15 d4>'s l>t!'l"".. my lirst OI!W Illonthly payltIRnt i. due,
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