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<br />~.oan ~,a..------- _ .................... <br />AID3U$TABLE RATE LOAi~t RIDER <br />r <br />NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS <br />A PROVISIFdN AI.I,QWING FOR CIiANGES IN THE INTEREST RATE. IN- <br />CIfI,ASEB IN Tl3E INTEREST RATE WILL RESULT IN HIGHER PAYMENTS. <br />DECREASES IN'I'HE INTEI;:.EST RATIt WILL RESULT IN LOWER PAYMENTS. <br />This Rider is treads this ..... let--...---... day of .....~etober ........................ 15.. ~?., and is incorporated <br />into and shall be deemed to amend and supplement the Mortgage, Deed of Treat, or Deed to ascots Debt <br />(the "Secrostity Instrument") of the same date given by the undersigned (the "Borrower") to ascents Bor- <br />rower's Nate to ......................................................... ......................................................•-•-------...........................-..... <br />Bard..J....Pu.i.te..:end..t~l,ga.A....P.uLte,..land..acui.. nif~e, ..............................................._................... <br />(the "L~sder"} of the same date {the `"Note") and cowering the property described in the Security Ynstru- <br />raent and }orated at 2317.F,~gleman..Road .................................taracW..L~lacid,.,Nep.>"asKa.....6~1.......... <br />Property Address <br />MQIDIk'ICATIONS. In addition to the covenants and agreements made in the Security Instrument, Bor- <br />mwer and Lersder further covenant and agn~s as follows: <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />The Notes has sa "Initial Interest Reis" of..._1.S..~fA.....% <br />Interest rate changes may occur on the 1st day of .--.~1~----------------•---.....-.....-........, 19@~.--- and on the <br />1st day of ...SEQL2t~,~-.-.--°-._....---.._.-•---., 15~~ ._. and on tl~ 1st day af .-tf'iF ........................... 191)~..-- <br />and on the let day af _.[`~--_-_-~--------.--_---.----_._., iSl'3F3._-_ sad on those dates of those monihs in eversy <br />year thereafter. Each date on which the rata of inteeeat may change will be called a "Rats Change Date' . <br />Changes in pa1~ sad interest payments to a~'ust amortization of the loan to d with <br />interest rate chan6ehatl be made on the 1st day of .!"!~i?Gn--_-•----..---------------- --- 1~'!.. ~~on that <br />chanaewsll be called.a "fit t ~ ~ ch date oa which the principsl and interest payment may <br />CheckC~ } th~~terestl ~ are governed by changes in an intermit rate index called the "Index". <br />{1) p "Contract Interest Rate. Purehase of Previoudy Occupied Homes, National Average for all <br />Major Tgpas of Caudate" ~sblished by the Federal Home Loan Bank Board. <br />(2) ~d„~ustat~le..~a~L,.smote.----~ontnly--avera~e..Yield.on tJ.S.•-7reasurY.........---- .............. <br />~curiCles,-a, listed to--~ ~~sst~nt •m~ttlr~t.Y...o l year..~~b~~she~i-,b~y tr~••Fscl~ra~ Reserve Board. <br />. f . <br />Check bor(es) to indi~tte_limits. <br />{i) n it t ~ '~ ~ ~ limit. on ~ in t~.€ intt rate up ar <br />cbwn. The Preliminary Rate referred to in tJw Note, will be the new interest rate. <br />{g) r: If ~~ t~ ~ ~. the inters= ~~. that I pay :.hicll not increase :::ore than ...............•---- <br />neent~ge pt~inta ~- } Ili C~+^sesge Imo, <br />(~) u It the beq[ ss ~, intex+sst ~`s6 that I pay shell na3t de~+ssse rriorra than .................... <br />$~) ~ III ~ ~ ~, t~ zntere~ ~e thttx I pay ahaGl newer be mare than ----------------_-~ <br />dories the paeigd I have my ken. <br />(b) ~ Y4 this bos is checked, the isxtereat rata that I psy shall never be leas then iZ•.~.-....~{, <br />dvrhrs the period I have my loan. <br />(fi) [~ If thi9 bas is checked, the principal slid interest payment that I pay shall not increase more <br />tlsan .................... pezcent on any Payment Cha®ge Ikte. <br />(7) ~ It tl~mi box iA checkedd, the principal and iateswst pay-nerst that I pny shall cwt decrease more <br />tbsu .................... pereent an xqY FYiyatt Chanyps Data. <br />1'7w maathi~ pgSYra~t atao~nts will alas change on Pavmmt C Dates. ss 'dad in the Nate. <br />Beaisau~ paym«s occur less oftaa than interest rate eisang~eand/or ma ~ subject to c:ertairs <br />ihnitatlona t3cacr'ibad~n tiw Natrs, tba manEhly psy~nis , ba insuft3t-t at times to pay acpuing <br />~~ Its s~ o ~d inter i$ added to the nprinc~pbalsnc~ of the Nofe and itself will aec*rue <br />1~.~ <br />u <br /> <br />e <br />