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<br />Loan No,..60lj9S-~-,lS.....,
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<br />ADJUSTABLE RATE LOAN RIDER
<br />84-.,,005358
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<br />NOTICE: THE SEClIRITY INSTRIJ~1~T SECURES A NOTE WHICH CONTAINS
<br />A PROVISION ALLOWING ~OR CHANGES IN THE INTEREST RATE, IN.
<br />CREASES IN THE INTEREST RATE WILL RESULT IN HIGHER PAYMENTS.
<br />DECREASES IN ''i'HE INTEREST RATE WILL RESULT IN LOWER PAYMENTS,
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<br />This Rider is made this .......J.th.......... day of .......................,QgQ~...,' 19.JH", and is inC():rporated
<br />into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, orDeedtoSe,cu~;DttlJt
<br />(the "Security Instrument") of the same date given by the undersigned (the"Borrower")ID's~l3Or~
<br />rower's Note to ..........".,...,....,..,....................,...................,..,....'.',. ,...,',...,'..'.'h.'...,'..,.,".'...h:"...:........",...,...~;..,,,c;~...
<br />F,ir.st..F,ederal"Savings...and.,.Loan,.Ass.oclat.1on., o.f...L1llC.Qln.,.,.a,.Uni.t'Eld,.Statel!li;.Qor~~fi1.qn.".,
<br />(the "Lender") of the same date (the "Note") and coveringthepropertydelfCribediIithe~,;\f~", .
<br />ment and located at ,2.1.lfi..1'iking.,.Road..,......., ..,... '" .,.."............. GJ!8nd...:tslaMr.Nebr.as1c;a.-6'8$O;I:,.,..;,."
<br />Property Address .' ............ ....
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<br />MODIFICATIONS. In addition to the covenants and agreements made in the SecurityIns~;l't&~
<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" oL...,12..95f1.,..%
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<br />Interest rate changes may occur on the 1st day r.~ . .,....,........... ,Eeh=ar;y:..., 19J1&,oand:.J)~~1l,"
<br />1st day of .............,..............May............... 19.86... an? . the 1st da~ of .......,.......,..._....AiJ~:wd;.::_..,,19::86:,..
<br />and on the 1st day of ...,..,.....,...........,.....Jlo.v.ember...., 111..86... and on thosedat.es of th~montblloinoevery.c
<br />year thereafter. Each date on which the rate of interest may change will be called a ''RateCll9nge;DilW'!;'
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<br />Changes in principal and interest payments to adjust amortization of t..lte loan to. co~d1rith
<br />interest rate changes shall be made on the 1st day of ...............:............,...~yemGeP-...:.., 19~... and,~n,~,
<br />date every ...____'.m year(s) thereafter. Each date on which thepnnclpalllndmterestpaymeld;.cmay.
<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 "IJ1~'1;'
<br />Check box(es) to indicate Index.
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<br />(1) [J "Contract Interest Rate, Purchase of Previously Occupied Homes, National Average for aU
<br />Major Types of Lend.=" published by the Federal Home Loan Bank Board,
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<br />1.2) J:J ,Ad-j~table.,.Rat.e...No.t.e..~., Monthly. ..3ver.age..y:iel.d..on..IJ...3a..T.r.easllr.}!..Sec.ur.ities."
<br />ad justed,.u".ll.,c.onstant..matur.i.t.)t. .of.. .1..).tear. ,.pub,lished..by..'che..F.eder.aL,Reser.lle..Baar.d.........,..........
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<br />Check box (as) to indicate linlit:,;,
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<br />(1) [J If this box is checked. there will be no maximum limit on changes in the interest rate "por
<br />down, The Preliminary Rate referred to in the Note, \viU be the new interest rate.
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<br />(2) CJ If this box is checked, the interest rate that I pay shall not increase more than ...................,
<br />percentage points on any Rate Change Date.
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<br />i:n ~J If this box is checked, the interest rate that I pay shall not decrea.."ll more than .........,..........
<br />{lOn'entage points on any Rate Change Date,
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<br />(4) [j If this box is {'hecked, the interest rate that I pay shall never be more than ..,13.a9SO,..;.%
<br />during the period I have my loan,
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<br />(;;) ~ If this box is checked. the interest rate that I pay shail never be less than .....9.9S'O".;.%
<br />during the period I have my loan,
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<br />\ 6) ii this box is checked, the principal and interest payment that I pay shaU not incrt!Bllt> more
<br />than ..... pen'ent on any Payment Change Date,
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<br />( 7) [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.
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<br />The monthly payment amoWlts will also change on Payment Change Dates as provided in the Note.
<br />Be.:'8use payment changes may occur less often than interest rate changes and/or lnay be subject to certain
<br />limitations described in the Note, the monthly paylIltlnts may be insufficient at times to pay accruing
<br />inten.'St, In such case, unpaid interest is added to the principal balanct! of the Note and itself will accrue
<br />;nte~t tht:-reaftcr.
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<br />Fmm 84.1
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