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<br /> . 'i'HIS pbNST,ABI.�itp'1�gIAg.R is m�de this 12YH day af JANUARY ,
<br /> � �. 9 996 ,aud is iaaorEsamted iLto and shaal M dsemed to aa�nd and sapplem�nt th�Mortgage,9� of -
<br />�,.�`' Trusi o�Se�auity Dezd(the°S�riry Ins�e�m�nt°)af th�sanne date given by tf��unders'sgnsd(the"Borrr�wer")to -__
<br /> s��ue�e Hoaower's Adjt�stabie Rate Note(the°1�Iote")to __
<br /> :�� T6e EQuitebte Building and loea i�ssociation af Qree6 Isiaed, ttebraake, A federal 3evia3a B�� �
<br /> � ?'°,` (th�°I.ender")of the same dats aad covedng the property describod in ffi�Saenrity Instrumsat aa�lorated Pt:
<br /> .�s;'. � ".
<br /> 4960 SHERttl040 RD (iAAN� ISLANO,. NEBRASKA 88803-2205 F
<br /> [P��ortY Addtesvl
<br /> Tii� �i�7`E CONTAIPI� PR01/Q�IO�'S ALl.OWER� Ffb� C4�14�a�8 IN Y�6E IHTEHEST
<br /> R/1TE l�lVp Tf1E N[0lliTttRY PAYkL9�. THE (dOgE Llh918S THE AtU16UNT TH� :.. _
<br /> BO�iROVYER'S IN7EREST RATE CAN CHANGE QY AMY Oi�� TiM� Af� YtQi� � , ";..�;::; _
<br /> •;t.,� MAXIi41lt1RA RATE 4HE B�RROWER MU.ST PAY. ',�' _
<br /> � • ' ADDIRTONAL COVENANTS.In addition to the covenants and agreemeflis made ia the Security I��n,,:�;prc, ?� . . ��.
<br /> ..� Borrower und Lender ftuther cavenana and a�ee as follows: � � -
<br /> ' ' � A.Il�TTERF�T YtATL�MONTHLY pAYNffi�iT CHANGES ' � =
<br /> ..t:,` . . _
<br /> � The tdate pmvides for an initial inierest rdte of 6.675 :b.The Note pravides for cfisu��� �
<br /> ��� ' the interest rate and the monthly payments.a5 follo�vs: . . ,
<br /> 4.II�iTEBtEST SATE ADiD MONTHLY PAYM�+DPP CHANG� � ' �
<br /> � (A)Ct�nge Y)ates :��...
<br /> . '. :.E�;:�. The eta�r�c�s:.:ate I w71 pay�ay change on the fust day of F EBRUARY . 200 i .aad an tt�at `.:�.::;.. .. .
<br /> . • '��,;;,.:; day every t��i month th°..teafter.Each date on wluch asy interest r-�a could change is called a°Change Date." � : ,,. . _
<br /> , , .�t: �.:.
<br /> . (B}3'6e Iades : � � -
<br /> ,. ; . Begiuning with ths first Ghange Date. my interest rate w�71 b:b3sed on an�iiuudex.The"�n.A,.z.x"is tlie vrreekiy �
<br /> .. '� ',�:�:•� average qIe?�d on Uaited States Treasury sewrities sdjusted ea a�nstant matarity of L yeaz.;#is�de avai3s'oIs by ,
<br /> - � the Federal Resenre Board.The m�st rocent 1nd�fi�availxbi�as of ths d�tx 45�ys befote���Clu�e�e =
<br /> . � � is called the"Cumnt Index.• �;��.;� .
<br /> � � If t6e 1t�des is ao Mnger available.the Note Holder wil1 choose a new'in�ea which is 6asea upon ca�able
<br /> � � iafoxmation,'IYie Note Koider will give me aotice of this choioe. , . .
<br /> . ,.:�•:....
<br /> '.. . ��C3�4p�is2tau�of�6an�es � . .
<br />°. ,� . Before each Ch�nB���te.the Note Ro4der will cz,S�ulate mY uew uuerest rate bY�8 � :r..:...
<br /> � pero�t:�3e point(s)( 2.00Q., 96)tu tBE;.!�RtFr�rat _
<br /> .. • 't1MD �'`_.r � -
<br /> . � ,�,� Iades.�The Nute Iioldt°i`aall then round the resu�f�tt�this addidon w fbe ae��ot�e-eigt�tb<o�,ar�v 1���&� �
<br /> � � ' . poigt(0.125 u).Snbject to the limits stat�d in S�ction 4�D)be'a�b tt�.�s rounded�miouni wt�c i�a zny nav.�sa�msi .
<br /> : ;. �te nntil the next Change Date. .` •; ;;:' � -
<br /> Ti�e Nose Hold�r will then det�mine tdie amount of the moat�'iy payment thai wonld 6e sufficient W t�sy tJte•
<br /> . r
<br />. �:� �npaid principaf that I am expected to owe at the Change Date in ful!on the l�ialuriry Date at my new inuxt�,n rat�� . _
<br /> . .. in substxntialiY equal PaYments.l�e resuIt of this calculation will be the new amount of my mon►.hIY P�Y?�• . .
<br /> . . %,� �p)�,iirtiits or�Yntw�st Ratc�ltangeq � �.�
<br /> ,_ , . ._�,;. ; . 13 ,..;ti,
<br /> • r,F�[.;�� . .. .
<br /> T6c�.iuzt�t xa.a+ �a,�tequtred to yay at tGe first�an8e Dat�wilt not ba greatar thaa 8.675 ' 96 ..7:��':�.:.
<br /> ,:� or tess tbar� 4.G,��r �.�..'�ter.my interst rate wiU tsever be incrcased nr dure�il on .
<br /> . . � aay slagl�.C�ange�:�Sy more than[wo pere�t��r�oinss(2.O�i)from ihe rau of inr.eiesc I�ave beeet;�,^^�dng � .
<br /> . for tbe p �,�`c�xNadina twclve months.My interest r�e��ti rtever 6e gce�te:than 11.6i5 �;r�.:C�.. •
<br /> My 9r►s^•r��r�st rete wi11 nevar be lower� 4hen 4.6759s. ,'<�;��, : � �
<br /> . . (L�Ff:'�2veD�tec�Ci�a�es . : .; ,.,�.� .
<br />� My n�w�nteresY�~.rt�•.r�riil becoffiee effective on�Ct�ange Dau..I will pay tL�am��xu�i of my ncw�;tt�aly ' .
<br /> Payc�cnE 6e��nirig aa�4�:•fi�st�nnthZy paynr_nt ddr,�t�fte�the Cf�angc D:.�o urrttl thr�*i.3�of rny�:rrnihiy
<br /> ' � �payment drxr y�agaia• '
<br /> � „:
<br /> (I�Fiotice of Ct�aages •
<br /> ' T6e Note Holder�vill deliver or m3il to tr.r s no�ice of any changes in my is�tet+est[zte and the amount of my
<br /> � monthly payrneat before the effective date of mry change.The notioe will imlude iaformatian requinct by!aw ta
<br /> , • . � be given me end also the titte aad telephone nur�ser oP a person who will answer e�y questian I mayr have
<br /> tegarding the noflce.
<br /> � IIMJi�ISTrAl'E ADJUS7ABiE EtATE Ri�FFi-ARM F'r2-Singte Famity-Fuxi�IYWiFtad�A�o UNtorm 6tt�ttt
<br /> • Farm 3119 8l88
<br /> , ' - • �-822At3305) Vtd➢MOATOAGFfORMS-IB00I521J291 �FrL�eCaniE�cydMPpv _.
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