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<br />I <br /> <br />r <br />I <br /> <br />~ <br /> <br />UNCOI..N <br />NOTICE: THESECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS <br />A PROVI$IO~ ALWWING FOR CHANGES IN THE INTEREST RATE, IN. <br />CREASES; IN\THE INTEREST RATE WILL RESULT IN HIGHER PAYMENTS; <br />DECREASES"INTHEINTEREST RATE WiLL RESULT IN U>WERPAY'M:ENTS; <br /> <br />94 ___: 005128 <br />.,1 <br />ADJUSTABLE RATE LOAN RIDER <br /> <br />Loan No. ,..,5.\l.812,~1...1a,.... <br /> <br /> <br /> <br />This Rider i..~ made this ..,...,~~.t.h........ day of .....,........~t:~.........., 19.~,L, and is incorporated <br />int~ and shall he deemed to amend and supplement the Mortgage, Deed of Trust, or DeedtoSecure'Deht <br />{the "Security Instrument") of the same date given by the undersigned (the "BOrrower") to ~re-Bor" <br /> <br />rower's Note to ,............,...,'..',....."."....,... ..", .,....." ..,............ m ,..."...,..,..,...... ........,... ........,~ ....,........".~.;..'_,',..:..,..",' <br />.F.~1'~.LF.Eld~!:1l1..~:<'~I1g~..!!I1,1.J~~,l!,..!\;!!?9.C.~1!U.Q.U.. .<;<f,J,.J.n9.gJn~ ..;;,J,ll:l;l,j;~!LS.J;a.t.~~..~.o.r.RQ1.'a.Ulm.,. <br />(the "Lender") of the same date (the "Note") and (~Overilig the property described inthe -8ecuri:ty Iristru- <br />ment and located at ..3J.'...li9.r.!;!),..ll;!QY....".........,.........,...Grand..Island....Nebraskac.6BS!1.1..........c <br />Property Address <br /> <br />]\fODIFICNfIONS. In addition to the covenants and agreements made in the Securitylnstrument. Bor- <br />rower and Lender further <ovenant and agree as follows: <br /> <br />A. fNTERES1' HATE AND MONTHLY PAYMENT CHANGES <br /> <br />The Not.e has an "Initial Interest Rate" oL ...1.2.95.U.... % <br />Interest rate changes nUl)' oeeur on the 1st day of ..h. ...January......, 19..86.. and on.the <br />1st day Di. __u__ ...,..^........ ._mA!1x:iL.....om. 19J16... and on the- 1st: dav of __ .-~lulv,,"_ .m_d' 19__86~_ <br />and o~ the 1st day of ...'.......mOc,tober....., 19 (L ~Ild;n t.hose dates of those ~onths 'in evfI!rY <br />year thereafter, Each date on whieh the rate of intere--' ll)",; chanl{e will ',a ealled a "Rate Change Date". <br /> <br />Changl"s in principal and interest },'dymenu. to ''-Just amortization of the loan to eorrespond with <br />intt'rest rate ('hanges shall be made on the 1st day of .........,.QQto~........, 19-36... and on that <br />date every .....,,,.,.-..,"'''',,... . year(s) thereafter, Each date on which the prindpal and interest payment may <br />dUlnlle will be called 11 "Payment Change Date", <br /> <br />Changes in t.he interest rate are governed by "hang"" in an int.erest rate index ealk.,J the "Index", <br />Cilt'ek hox (es) to indicate Index, <br />(I} [j h(:\-{)nt."'8ct lutt'fest Rste" PurdUl~ of Previously <hx:upied Hotnt~". National Av(~rage for all <br />Major TylX'" of Lenders" published by the Federal Home Loan Bank Board, <br />(~) XJ Adjustable..Rat.e..No.te.- Monthly.alleragevield.on,U..s...Tr.easurv..SeGul'i.t.i.es.., <br />ad just.ed .,t,o..a.. c.ons.tant..ma\:.urit-y..of.. .1.. year pub.lished..by..the.Fedel'a.l ReS$l"lJQ..Eoar.d,., <br /> <br />Cheek l.>ox(t'$} to indi<'atelimits <br /> <br />(l) ::'J If this box is ehecked, there will be no maximum limit on ehanges in t.he intel'(ffit. rate up or <br />down, The Preliminary Rale referred to in the Note, will he the new interest rate. <br /> <br />l 2) ::J If this box is chocked. the interest rate that I pay shall not inecoase more than <br />p,'reentage points on any Rate Change Dat~" <br />(:n ... If this box is dll'eked, the intere,;t rat.e that T puy shall not deeroose more than. <br />percentage poillls 011 any Rate Change Dat:.., <br />(4) 'll If this box is e!u,...,k..d, th.. intNest rate thaI. I pay shall nev..r be more than .13"'950....% <br />during the period I have my loan, <br />, t:,) 'i) If this box is cht;ek~'d, tht' intefl",t rate that I pay shall neVt'r he less than . 4..<\50.... . % <br />dut'inj{ th{~ r--rwd. 1 h:ivt' my lc~n. <br />(6) If this box L< ched,ed, the prilleipal and intere;;t payment that I pay shall not inereasc more <br />Ihan perct'nt on any PaYllll'nt Change Date. <br />\ j.\ 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, <br /> <br />The monthly {lllyment amounts will also ehange on Payment Change Dates as provided in the Note. <br />B&:'lIuSt' payment changes may occur less oft.en than interest rate changes and/or may be subject to certain <br />h:rn\q.,~t_'ns {~~ il. tha 1"{ot.;. the illuntt-tly pAvn16n"td IDay b€ iriBufficient at thuGS to pay ~~x~r..1inh <br />inteJ't'st. In such case, unpaid interest is added to the prineipnl halanct; of the Note and itself will accrue <br />interest tht'reafter. <br /> <br />i"~~ <br /> <br />u <br /> <br />I <br />L <br /> <br />-1 <br /> <br />I <br />.........' <br />