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<br />r <br /> <br />84,- 004776 <br /> <br />Loan No. ....?,?~?!::-J:::!~L.~ <br /> <br />,..... <br />I <br /> <br />~ <br />.~ <br /> <br />ADJUSTABLE RATE LOAN ,RIDER <br /> <br /> <br />NOTICE: ~11lQIJJUTYrNSTRUME..lI,J'I' SECURES A NOTEWHlGHOONTA1NS <br />,\ PROVlS~~~JIANGES IN THE INTERflSTRATE~lN~ <br />CREAb'ES IN THE INTEREST RATE WILL RESULT IN HIGHERPAYMENl"S..' <br />DECREASES IN THE Ih"TEREST RATE WILL RESULT IN LOWER PAYMENTS!' <br /> <br />This Rider is made this ...,lO,th.......... day of ............ ...SeI/.te:niler.,....., 19lil4..m, and is in~ted; <br />into and shall be deemed to amend and supplement the Mortgage, De<e.d of Trust, or Deed to ~Debt. <br />(the "Security Instrument") of the same date given by the undersigned (the "Borrower") tollt1C\lf8'nor. <br /> <br />m'ilts ~~ir'ir" S'alJlngs"llnd'..toiin";;'iisoCIii t1'on'orr:riicoTtl';"a'UiUt:ea.'St:ares"c'6~~aiian;,.~' <br />'. ..,.. '" ._".+ ..._,__ ,.n.,.... .~...... H"~," .u-........__......n.. ._......._....___~~.. ." ",_ .>__ ._.... ..._~.. ._. '^,."~_U.'_+~_~'.~'U.""'~_.6."".T''"~'~~_'''_..~~~_~~''~~'' <br />(the "Lender") of the same daw (the "Note") and covering the property described in the Sileuritylfistht- <br />tnlmt and 10<.'ated at ,l'i~~..,N9,~!;I1..,Q~!&...,... ..,... .,G.t'and...I.llland....Nebra.8.ka....688J)L.,.,....~. <br />Property Address <br /> <br />MonU'H'ATION8. In addition to the eovenants and agreement.s made in the Securityllllltrnment,BOt. <br />rower and Lender further COVNumt and agrc<, as follows, <br /> <br />"\. IN'I'ERI':ST HATE .\ND :\lONTHLY PA YMJ.:NT CHANGES <br /> <br />The Note has an "Initial Interest Rate" oi...,..J:?..4.QQ.., ~.:. <br />Interest rate "hanj(es may ne,"ul' on the jst day of . ,........J.~~H1...1;Y....,' 19.!HL, andont~ <br />Is! daY of ..!\prU, w1l6., and 1.1e is;. "liV of . ,."..,...,.......,..l\!.}.y'.m..'...... 19.~R:,. <br />ll~d (;~ the 1st dav of. ..,... .....I),C1;9"". 19.13f>. and 0'0 those dates Qfthose months'in'every <br />year thereafter, Each date on which the rate of interest. may change will 00 called a "Rate Change ;JaW'. <br /> <br />Changes in principal and inum'st 1;?aymcnts to adjust ;;IDortizatlon of the lean to correspond. with <br />interest rate change!! shall be made on the 1st day of. .. .......QctO.be.L....." 1986... andont.ha.t <br />date l'very~-:.-::-=-::. year(s) thereafter. Each dat,. on which the> principal and intel'e8t payment may <br />chnn!(e will he callt'<l n "Payment C113n1:I~ Dat.e", <br /> <br />('hange" in t'he intHe"t 1'11te are ,,"ovemed by changes ltl an intl'l'I'flt I'utt! index called the "Index". <br />('I1l'ck box! es) tn indicate Index. <br /> <br />(I) "Contract Intn(",! Hute. Pun'hase of Previously ("kcupied Homes, National Average for all <br />'.b)or Typl'>! of Lenders" {lublishetJ hy the FNlerel }10mi' Loan Bank Board, <br /> <br />'2) 1(' MjUl>t"l,'1t"R<lte Note. -M.ontl:>lYtlvu<lg"yiel4 onU,$, T;::~liI:l".1rY.Se.cuX'.tt.:l..es..., <br />adjust~~:LJ_ Q._a._H~ODJ~t;a_nL_ w.a"~~~ tly_ _ ~.tf .1. y~a.r, _p.~_b ~t~hed. ,.by_ pi: h~< f~9~xal_J~_~,ijJ~IT~L_~Q~r.4_,q_ <br /> <br />Ched{ box(.,.;) to indicate lirnits, <br /> <br />( I) ,_.. If this oox is "heck..d, there will he 110 maximum limit on "hange8 in the int.erest rate up or <br />down. The Preliminary RUle referred to in the Note, wi!! he thf' new interest rate. <br /> <br />(21 If this oox i5 "hed""l, tlw int<m"'t rate that pay shail not incrl'ase more than <br />I"t':x{"nt8'g~ point~ en any H~lte Change l)ate. <br /> <br /> <br />;'1\ . ff ;.j.~;.". tu~... .~ "ll,:-,':J'e.-I 'h"~ ;nterest rate t.haf p.ay i-haH noL dt-"(.n:'iJsc Inore than ,.. <br />pere~l~t~g~-' i~;~t~~~)~rv;n;' f{;~:' (~ha~;e ~t)atf'~ ~ ~, <br /> <br />(4) Xl If t.hi.s hox is ,'hH:ked, the intt'rest rate Ihat 1 pay shall nl"ver he more than .l4.95.Q... . % <br />dunnf.{ tilt' pt:r1od 1 lUive rny i(KI.n~ <br />If)) :X-1 If thi..ti hox ~~ l~h~'k~-d. th~ inte~t rate that! pay shaH never he lesg th:-u~ _.lQ...9.5Q.. ..~th <br />,lur;ul; thepl"riod I have my loan, . <br /> <br />\61 If this !mx is checked, the principal and interest payment that I pay shall not. incre1Ule more <br />than pen"nt on 1UlY Payment Change Date, <br /> <br />,il if this oox is cheded. !ene prinL'ipal and interest payment that [ pllY shall not decreai'!e more <br />1 han percent on nny Payment Change Date, <br /> <br />The monthly payment amounts will also change on Payment Change Dat.es as provided in t.he Note. <br />lWeau.<;e payment change;, may occur less often than intel'fflt 1'11te changes and/or may be subject to certain <br />limitation-, describt-d in the Not.e, the monthly payments rtlll:y he insufficient at times to !1l1Y accruing <br />interest. In guch CWlt', unpaid interest is added tn th,' principal halanee of the Note and its!' f wi!! accrue <br />inl~i ihNeafter, <br /> <br />}"fwmU1 <br /> <br />I ! <br />U <br /> <br />L <br /> <br />L <br /> <br />.-J <br /> <br />1_ <br />