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0908796-1, ADJUSTABLE RATE RIDER 84 _ 006173 '!HIS AD.,nSrABLE RA..."'E RlIER is made this 21 st. day of No vem ber , 1984 ,and is iJxortmated into and shall be deaued to auend ~ the M::lrtgage,1leed of Ti'iJijt orSecud.ty reed (the "Security Inst:nJDent") of the sane date. given by. the undersigned (the "&3tT01iiet'''). to secure Ilo~'s Adjustable Rate N:lte(the '1bte") to To~nan~ia~Inc. (the .. ') 0 sane date and caver1ng.. the property described :In the Security Inst:nJDent and located at: qn'l '<J <:>Ji"- ~mAr~.. .Gr:_4nJ Ir;land ~'1e:br.aska (Property Address) 68801 The Note Conta.ins Provisions Allowing Fer Changes In The Interest.:R~,te~_ ~-~n'.:>Th-e_ Monthly Payment. The Borrower May Limit Monthly PaY1llent Increa!!es To '71/2XF.ach Year If The Provisions Of The Note Permit It. ADDITlIN\L a1JENI\N1'S. L-l addition to the COYellaI1ts and agreements made in Instrull&"lt, Bort'O!o!!!r am Lender further COIIeIllII1t and agree as fo.l.UMl: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Note prav.i.des for an init:lal interest rate of 11 ,500 the interest rate and the lIDnthly pa}'llEllts, as follows: "4. I~TTEREST RATE .AN'D MONTHLY PAYMENT CH~':.N'- ~.:~ (A) ~!B.tes The :u>J:erest rate I will pay may change on the first day of June , 1985 ,1'lll::F:Qn that day every 6th l1DOl:b thereafter. Each date on <.h1ch my interest rate 00u.Id C1~aj'.V1Sc"ll""ka "~e !B.te" . . . (B) The In:lex: Begi.rning with the first Olange !B.te, my inte~t rate will be based man lJxIex:.The"TIideIt.. is the _kly ~ aoction rate on lliited States Treasury bills with a caJStant DBtudJ:y of6 mntts, as made available by the Federal Reserve lloard. ThellXlSt recent Indexf:lgureavaililbleascof the date 45 days before each Olange !B.te is called the "Current IndeK". If the Index is 00 longer available, the N:lte Ilolder will ci:DOse a new index:~ is based upon cClllpBrllble infonuation. The N:lte !bIder will give De notice of this choice. (C) Calculation of Clllqes llefore each ~e !B.te, the N:lte lblder will cala.il.ate.. my new interest rate by ~.. 3 125 perrentage p:>ints ( 3,125 %) to the Current In:lex. The l'bte HolderwUl: thEiP rtUld tie result of this addition to tie rearest ooe-e1ghth of one percentage. point . (0.125%). .. 'l1tI:s rounded <IlIOUllt will be my IlBif interest rate until the next 0Iange !B.te. Ho""ever, t.he new interest rate \.lill rever (.~CeL~! J 4 9.90% llegiming on January , 19 RH, and 00 each . 6th ~ IB.te thereafter, the l'bte !bIder will c1etenn1ne tie ammt of the monthly pa)lll!11t tl1at WWl.d be suff1ctent to repq the wp:lid prin:ipal that I au ~ted to ~ ~!- t-~ (1.~!'!!!!e OA:t'~ in full an t....~- l'rWI~l1r:!!:1,! iU.'-;. ~_ t.ha "payID!!nt Rate" in &ilsbmt:lally equal ~--This~ !B.te;-isaiSo~~aH.;i-a-P~t~ !B.te. The Pa)'ment Rate is the SUll of the In:Iex fi.glxeson tlva 5 ~!B.tes pnieeding~ Payment Olange !B.te plus tIE Current IndeK, divided by 6 plus 3. 1,<.5 pen;en~ points (3 .1 2 S %), rowded to tlva nearest one-eighth of ooe percentage point (0.1454). Hl:Mver. dleJ'll)1llent IliteWITl never exx:eed the IIllIldllun rate stated aboIIe. The result of this cala.il.ation is ca1ledthe "Full Pa)\lBlt". It will be the new aJDUlt of my llIX1thly pa}'lllnt tmles& I cb:lose the lJII)W/: peEIllitted by Section 5 belao or wless Section 6(B) requires a higher pa)lll!11t. (D) Effective!B.te of ~ ~ new interest rate will becane effective on each ~ Date. ! w'..ll. pay the aJi:lUntof my n\illll ......rilly lB)UBlt be8iming on the first DiXlthly pl)'lll!nt date after each Pa}'llll!!lt ~ Date mtil the auount of my [!J;)tI.,tply piymenJ; changes again. 5. BORROWER'S RIGHT TO LIMIT MONTHLY PAYMENT; REQUIRED FULL PAYMENT (A) Calculation of Graduated Limited Pa}fllmt I may choose to 1.1mI.t the aJDI!lt of my new llIlllthly pa}'llEllt fallowing a ~ !B.te if my new interest rate would ~ tt~ D&lUtrJ.y pcr~t ! ~ been payi...~ to i.~~ by 1OOt'e thau. seveo ~ ooe-half percent (7.5%). If I ch:lose to 1.i.u!I.t the ammt of my lOCJlltbly pa)llllBlt, I llII&t give the Note Holder notice that I iliii ~ so at least 15 days before my first new monthly payment is due. Ibm I do so, 011 the first llDIlthly pEl)UBlt date after the Pa)UBlt ~ !B.te I will begin pa~ a new' lIOnth1y pa)'IIIl!nt I<bich will be eqwl to the aI&lUlt I have beEn paying each nooth for the pr~ boelve llIlnths IllLIltipl1ed by the nUllber 1.075. Thereafter, on each amiversary of my new llIlIlthly l>t!.l""""" effecti\."1!l date, Uili:il tla liSt Pa)ment ChaxIge Date, my moothly payment will aaa:ln inc1:es8e to an 8IIKltnt equal to the alDUlt I have been pElyi~ each IInlth for the ~ twelve DDnths IllLIltipllid by tie lUlIber 1.075. These aDCUlts are called the "Graduated Limited Payqents" . .Even U I haIIe dD8l:ll to 1.1mI.t my llIllltlUy pa)'llEnt, Section 5(1)), 5(C) or 5(D) below iiiiiy require me t<> pay . different aIIDUIlt. (8) Redt.x:<A Graduated Limited !'ajIDent cw.1d be greater than the <m:lIJ{lt of a UDnthly pa)lll!11t which then loiD\il4 be suff1d.<<lt to repay my wpaid pd.ocipal. in full on the DBturity date at the Pa)lllfSlt Race ~ed 011 tIa. last Pa)1lll!nt ~ !B.te in substantially equal payments. If so, on the date my pay1~ a Q:a4t.Bted Wml.ted Pa)'llllllt llOuld cau&e l!IIl to pay mre than the looow all)U'It, my tmnthly pil)1JIliI"ot wUl rot. 1ncI'e81:11a to an a&:lI.Ut ~ greater t.han such lcM!r aoowt. TMC-087 (qc) New 7/84 Plans 2-A or l-B