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AOJUSTABL£ RA7£ RIDER TO D££D CF TRUST This Rider is made -this 28th day of fk~tnhpr t 9Ri and is incorporated intd and shaft be deemed t6 amend and supplement the Deed of Trust of the same date given by the undersigned (the "Borrower") to secure Borrower's note to Commercial federal Savings and Loan Association of Omaha, Nebraska (the "Lender"} of the same date {the "Nate"} and covering the property described in the Dead of Trust and-located at Aida. Nebraska 68824 Modifications. to addition to the covenants and agreements made in the Dead of Trust, Borrower and Lender further conversant and agree as follows: 1. Intuest Rate and Monthly Payment Changes. The Note has an iniiiai interest rate ofi 2B.25~ $. The note interest rate may be increased or decreased on each Change Date, as described in fist Nota.- Changes in the Interest rate arc govrrned by the changes in the weighted average yield at which the Federal Home Laan Mortgage Corporation committed to purchase conventional mortgage notes with a fixed rate of interest for the shortest available delivery plus 3/8$. The monthly payment amounts will also change on Payment Change Dates as provided in the Note. Because payment changes may occur less often than interest rate changes and/or may be subject to certain limitations described in the Nota, the monthly payments may at Limas not be sufficient to pay accruing interact. In such case, unpaid interest is added to the principal balance of the Nota and itself accrues interest thereafter. 2. It could be that this loan is subject to a law which eats maximum loan charges and that law is interpreted so that the interest or other loan charges collected or to ba collected in connection with this Teen would exceed permitted Limits. iT this is the case, than: {A} any such loan charge shah be reduced by the amount necessary to reduce the charge to the permitted limit; and (B) any sums already collected from Borrower which exceeded parmittt0 limits will be refunded to Borrower. The Note Hotdsr may choose to make this refund by reducing the principal Borrower owes under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prcpaymant. 3. Transfer of Property; Assumption. Lender shall waive its option to accelerate under paragraph 17 hereof if (1) prior to such sale or transfer Borrower notifies Lender of the proposed transaction and saes that lender is given any information it may request in order to evaluate the parson to whom the property is being sold or transferred, (2) Lender determines, in i[s sale discretion, that assumption of the loan by the proposed purchaser or transferee will meat standards of creditworthiness and security which arc acceptable to it, which standards shall, insofar as may ba practical, be the same underwriting standards as are than applied by Lender in connection with making a new loan, (3) the person to whom the property is to be sold or transferred executes a written assumption agreement accepted in writing by Lander and agrees to pay Lender's normal conventional loan assumption fee, and (4) no other defaults exist under the Mortgage or Nota secured heroby. 4. By Signing this, Borrower agrees to ail of the above. ~j Dated: ~C~ ' r ~ ~~~ /t ~ / ~ ~'~~ Rict~#d R..Hieb .Borrower ~. ;. ;~ '*..orrowar Arvilla H. 83eb COMMERC~f~AL~FED/ER/A'L' S/AV~INGS A/ND LOAN ~ M-237 (Rev. 6/87)