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~- <br />v 1-' Loan No.. 49036-1-18..--_. <br />~ - _ - <br />ADJUSTABLF. RATE LOAN RIDER <br />FINAL <br />LNIICOLN <br />ZQOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS <br />A PROVISION ALLOWING -FOR CHANGES IN TAE INTEREST RATE.- IN- <br />CP,EASES IN THE INTEREST- RATE WILL RESULT IN HIGHER PAYMENTS. <br />DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS. <br />This Rider is made this .-_._:..._.4~.__._. day of ._.____.._......c'ie..~~.___._, 19.81..; and is incorporated <br />into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to-Secure Debt <br />(the "Security Instrument") of the same date given by the undersigned (the "Borrower") to secure Bor- <br />- rower's Note to ..._...: ... ..:.:.........--..... - - -- _ - - -.:.... - . - _._. ............ ............:..- - <br />A.airid-a --.LOi~t:.aud_Masshe..E.I.ai.nn:LaCGs.:.hasbaa~t.;and._~i,>es..... -- -----:_ :.....:..:..... ... <br />(the "Lender") of the same date (the "Note") and covering the property described in the SecurityIiistru- <br />ment and located at .~82.8._.ftanbdale...~:i.rc].a.___._..:._.__.-_...._...Gxan3:.island",_.:Nahraska_..bE.&41.__.__.. <br />Property"Address <br />MODIFICATIONS. In addition to the -covenants and agreemenAs made iri the Security Instrument, Boi- <br />' rower and Lender further covenant and agree as followsr ` <br />A. INTEREST RATE AND- MONTI-ILY PR:YMENT CHANGES <br />- The Note has-an "Initial- Interest Rate" of ---- :k5 :$,~o.-.:P,/o - , - _ - <br />Interest rate changes may occur on the 1st day of _..J.une___.. _.... ._:..:_, 19.83_.. and on the <br />1st day of __;;aBtamJzei.. ___ .__ 1983. and on the 1st day of .__Deaemher._-._ ... ......... . 19.H3.. <br />-and on'the Ist'day of "?azch -.:...: _..:_. ....;, :19:84 . and on those dates of -those months in every <br />year thereafter. Each date on -which the rate of interest may change Fill be called a "Rate Change Date". <br />Changes-iii principal and interest payments to ad7-ust amortization+'of the loan=to correspond--with <br />interest rate changes shall be made on the lst day of _' March. ...- -.. .. -_-.-, 19$$.:: and on that <br />-date every .:.----- ____: year(s) thereafter. Each date -on which- the principal and interest, payment may <br />change-will be called a "Pa}mient Change Date". <br />Changes in the interest rate are governed by changes in an interest rate-index called the "Index". <br />Check box(es) to indicate Index. <br />,(L) Q "Contract Interest Rate, Purchase of Previously, Occupied Homes, National Average for alt <br />Major Types of Lenders"published by the`Federal home Loan Bank Board: <br />Check box(es)?to-indicate inns. -- <br />(Y"") ,~ If this box is chcs ked~ there Fall be no maximum limit on changes in the interest-rate up nr <br />down. The Preliminary Rate reierged to in the_Note, will_he the new interest rate. <br />C21 [~ If this box is checked, the interest rate i hat I pay-shall not increase more than ... _... <br />rciaita e _ - <br />-lie g points on any"Rate Change Date... _ <br />(3) ^ If this boY is checked, the interestrate that I pay shall not decrease more than ...:...........: <br />percentage points on any Rate Change Date. <br />(4) ^ If this boa is checked, the interest -rate that I pay shall never be more than :.----..--..... % <br />during he period I have my loan,- <br />- (5) [~ If this box is checked, the interest rate that I pay shall -never be -less than .1z: 000..-..~jo <br />during the"period I have my loan. <br />((i) [t If this box is checked, the principal and interest gayment that I pay shalt nat increase more- <br />- than .-.. _:. percent on any PaylnentChange Date: <br />(7) (~ 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 />"The monthly payment amounts will-also change"on Payment Change Elates as provided in thoNote. <br />Because payment ckiagges may ocopr less often than interest rate ohanges and/or may be subjeotto certain . <br />" limitations described in the Note,-:the montfdy pa tints may be insufficient at-tinaas tq_p-ay accruing <br />:.interest. In such case, unpaid interest is added to the principal balanco of the Note--and itself- will gccrue <br />inturest thereafter. <br />ate, ~ <br />' - ~ __ - <br />