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r <br />AD-JUS1'A13LI? RA"TF: LOAN RtDI;~~~~~~13 <br />tit)"1'I(:E: Ttlt: SF.C'ttR!`1't' 1^75'1 Rlil+tlCNT 5F:{'URF;S ,4 1tO1'F: W 111('{I ANTAINS <br />A 1'K(}Ylalt}N :lLLt)lYWG Ft)R ("IIANt;Fa Iti l1iF: IN'IF:Rh~tiT RATE. IN- <br />('F{F:ASt:J IN 7'1(F. Iti 1'F:KF:tiT RAC: !!`il.l, 1(F:tit`1.1 1N ill(:l(F:12 PAYMENTS. <br />pF:CRF:AS}:5 t;v 1111: iN"Il•:1(F:5"1 R.4'1'F: WILT, f21• l'1.1` IN 1.OWF:K PAYMEN`F`S. <br />1 his kWcr s made thin ,1,Oth .. day of ...November .. , , , , . , fo $~.... and is incorporated into and sha~t- <br />,,r drrmat +o amend and suppleateat the Mort gatic, Ucrd of t'rt,i, <u irird to Srcurc Dcbt (tha "$eeurjty InS[fY- <br />• The First <br />m.~m") of the same irate gtvrn by t!+r anderstgucd (the' 1)urroµcr' t to x; urc I'torn>wcr'ti Nute to ............ ... ..... . _ --.: <br />National. .Bank of Grand Is.land,.Grand.Is.l.and,Nebraska ..................,_....... <br />uhr "t cndrr-") of the samr J:ue (the "Note"} auJ coverin(2 the xoi~rrry desaibcd in the Security instrument and - <br />..racd at , , 470¢ runbarrel Place, .Grand ,Island, . Ne~raska _ . <br />Prx.pnrr AJ,irr., .... ........ . ...... _ - <br />Mudi(irrtiun,. In aJ:huun to the ,_o•.cnants and aKrcnncntf medc in Utc Security Instrument, QnrroWCr sitd -- <br />i_cuder further covenant and grec as -tot}ows: - <br />A. I.'r11.i(1:ST RA"i'F: A'~!U M(1'~'1IILl YAl'MF:NT C'l1AN(;1{ti - _- _ <br />"; 1.c N~Ir has an "lnvi::! !nicrcv Siaic" Of .14,5(~;'a. the Nu!.:merc,t r,uc may he increased or decreased on the <br />1.st. Jay ttf t!tc mono: brku~s=.:ng on MdrCh.......... ., l't.$6 .. and on that day of the month rutty <br />12. :muuht thcrcafu•r. <br />C'hangrt ut she intcrc5l ra:c art ts.i,ti'crt,et, nt ci:angcs ut an ntu•: c•.: raic u+Jcs cal(eti the "Index". The Index IS the: <br />t!3 "t'ontran !meal: ku;c, Nurch ,c n! :'rcv+.cn~sly i)r'.,;~!cJ 1{ones, National Average for all Major <br />i }t,ei ~•i f_endcrs" p•nbiuhcJ ~:r ;ire ; :uerai iiamr i_oan il:»tA isrr.:rri. <br />t,) f3u U, S. Treasury Securities- 3 year <br />.m~• a r ..r rte.. +.. v:d:rvrr .,nrrr,r, r.5r,r ,~ J.,. n..ra m,.r,n n.nri ~..~ , .wears m rhr ,.unn; •,,n nn r.rch 2 hrrngr Dcte; if no Lor 6 thrcked thtit wilt <br />,., n... mvim (.m,: ur, rhvrsr~ , <br />.n I i) i There sti no tnaau;sum iutut vn ihaagc~ i;r the m0.•reu r.ac at arty <"hange llate. - <br />C~l "~ l~hC ;:1t Cl eSt idiC :a1liFli fr l'ila 6~Cti by EIIOrC Than .~.•Q !1Ci [t'n!agr ilO intS at any ChangC date. <br />1'. +hr n;„nest rate :ham;c., tJtc :uut::~!t of Ito: rtlwcr's uxutthiv ;,,r; ~t:rn14 will ~hanbr as provided in the Note. In• <br />.^r.+:•~ u. ti,c :rticre•„ rate «sit [r•,ui: !n h:gitcr !t.r.mc~xs. Drcrratrs in Ntr .ntcrest rate wiii result in lox•er payments. <br />- 1; „:aGi he t.=.vr the. io:.n ~r:.t:rz~,l by tlte$r:u; a} ;.,st:unnn; it tt:a;;•it ru a law which vas ntaxin:urn loan charges <br />.,-, _, =t:.,t =a+. ;+ ut:er;tretcd ss, di+: t :hc tntcrcat car ru!:er ko:tit ~Itarg,c i+~Ii.~~:cil ur to i,c ccilected n eonneclion with Ate <br />- :,, :: aouiJ ,•tiecJ pcn+u;trd ;t..'.us !! ;t,u :; ar-. . arc. 6!ten: (A) am. ;.,.h i:~;ui rirugr than lit redu;.ed by thcamount <br />-.._.,a:y so t_-du.r:i:r C7+: r~, :.;:1; !:rnrutctk L:na; soul (Iii anv •.n n;,,.!:,~,:t)}.ulkrcicJ t;tvta QOrfPFVCr which txcccd- <br />_, -..n~:.nrd !urui ,<rtl he .aln::,lc.f tti, isra:;uw:~c- 1 .~td.r nt.:y r1;ru+tit• ~:, ;Hake :hu :elmtd by reduar.g the principal <br />-•. r;! u::drr :hc tiutr ur b :::.::.n:g a .ku~~cr sa•rntn; ;~, ils~;:us.~cr. - <br />if '. er_Ja dc+crn::ttc:, :=,::u .cS .a :ar. Hart <7f ~hc ,t=:ta ~,.n:e.k r,y t:-::+Se_urii} tn.ttruntrn! arc subject to a lien <br />Atu,a I+.: •. !~rur,!y,rort ;l:r i.u-r.[ In+trurte ;t, i :nci.•: try xr..! k,sn:,wcr a u:~!+~c :dcntifyiag that hen. borrower <br />-,uV r, :{*it: .u[ ~a?: rc~ar~t !, ;le:a Itrtt :., !~::+~,:.._~I r,: ;+ar,:gc.tt~h v ! +hc Sccuruy Lt,tnancr;t or shah promptly <br />,.~-.urc :,n .a'r rCats•n{ .;. a .._: +:~: •„+;nt.atirty t~ i e.: .iii sa,scrduat;n~ 1s..u Iron tU thi. SecurLLy inslruntent. <br />11. I HA'*;ti111{ t}1 I I11. I'HOI't t2 Pl <br />iI tlu':r r, a ILr+iSler Ui the !': ;:;,et iy Sit iljCCt t. ,>a f,1g[af,h I' :.! !,,. --iun;V Intl rl:Illeni, {_C^JCr nl3 j' rCl]121ri {1) <br />.ru u;i. c.: ~e to :1+, CLt(C!,i 1V~ic =a ~x Ct; GitC, [dt ('_; an tpC. e.ttie i:? (.:' reu?,x::! r, ij the limit O^ 4f?C am0un( Of any ORC ID- <br />.,.r,::.ue :'tw::gc {ol Ctrrc is a i::n:f ), ,;: (i} a :h; agr m the liau• I:;;Icr !t;:~.tc, or all of ihesc, as a condition of Lendtr's <br />a.:,"ng th,c u;vaan ro a.'cticrat.~ ;vv:+JCJ it: puu,grapi: 1'. <br />Iiy ^:gn:ng ths, l3 ixrywer .;g;res ,tr si! ti)i :hc ai+~,sr. <br />~ /~;, .. /7 <br />~_. J:...4 tl ,i!........ (Sea!) <br />Leon E. Cederlin -Bortowc <br />..Enid edet^lind _....C....,...(Scal) <br />-Wort Uwe <br />Ap~IU$IABiE itkiE lDAl1 B1DfR-t~ k!utut.,~'t,.t,a_.!,,..wl~, <br />