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<br /> /� p� APBLN 001-60901007 —
<br /> , ' " ��" �'9l�a�iAlCi
<br /> AI�JUST,�BL� RA7'� �iID�R. ��-�
<br /> ��:
<br /> THIS AD.7U5TABLB RATB ttIDL�R is macle this �STH day of ��H , ���6 .and is --
<br /> incorporated into ercd shall I�e�e���ecl w�s;�c;;d:.nd sopp2;;�ent th�Mo�t,,;ege.IT��d of Trnst or Sacur.ty i)ec�f(thc"Securiry �.
<br /> Instrum�ent")of the some date given by thc undersigned(the "Borrower")W secur�Borrower's AdJustabl�Rau Notc(the �
<br /> "NOt6")LO HOMFi FSDERAL 9AVINaB & IAAN AS60CIATION OF OR11ND I3LANb f::.
<br /> (the"I,etider")of ths sanae datc and covering the property described in dio Sec�uity Inswment and located at: _�
<br /> 804 NOIZTII PI2JG �
<br /> agp1J�1 ISLANA, NEBRASKA 68801
<br /> [propeRy AddrenJ
<br /> '�gDS NOTE CONTAIT�.y 1'ROVISIUNS ALLO��'tN�rOR CIIANGES Ih b�Y INTGRGST RATE AND MY
<br /> 1�,1i)A17'kILY PA�YMEN�'. INCIiEASES IN THF.II�PI`T��tii.5"C RATE WII.1. Ri35U1LT IN HIGHER PA,YMk,NTS.
<br /> �3;CC,��SES Ri T1iE INTIER�ST RATE�YIl.L RFSUL'l`IId LOWP.R PAYMI:Nd'8.
<br /> ADDITIONA�.COVENAII7'S. In �ddidon to the covenanta s�nd egreements made in t}ie Security Insuvment,
<br /> Barrower and Lender furthes covenant and agree ss fo.11ows: ___
<br /> A.flNTEREST RATE APID 1VYaNT1�l1.Y PAYMENT CHANGES
<br /> 'Ihe Note provides for an initial intecest rate of 7.008 qb, The Notc provides f�r changcs in the
<br /> interest rato and the monthly payments,as follows:
<br /> q.1NTGItEST RATE AND MONTHLY PAYMENT CE�ANGES
<br /> (A)CAan�e Dates .
<br /> 'fhe intersst rata I wUl QaY m�y c.hango on the Grst day of 1�aRTi. , 19s9 �and on that day
<br /> every 12TK month th�eafr�.Each datc on which my intuest rau could charyge ie ca�lod a"Chengc Date."
<br /> (B)Trr x�ex
<br /> Beginnin8 witl�the first Ghango Dau.my interest rato wifl ba baic�on an Indox.3'he"Index"i�:
<br /> , '[he moet rocent Intka figure availabk as of the date: � 45 days ❑
<br /> t�Yone each Change D�tc is callcd tl�e"Curnmt Index"
<br /> If the Ir�dex is oo longer av�ilabk.tho Nota Holder wlll choose n r�ew indax tbat is baged upos►comparabb informadon.
<br /> Tbe Notit Holda will gitia me nptice of this choice.
<br /> : (C)Cwkndtfa�a�Chmats
<br /> � Befae e�ch Chaagc Uate,the Note HoWu will cxlculato my rnsw intaest rate by adding
<br /> TWO AND THRBB QUARTERS percesSage pa��lt(s)( 2.750 %) W the Curcrnt Inrkx.
<br /> The Nose Halder will theo naund tha reseilt of thL�addidon to tho 0 Ncacest �N�xt Highest �Next Lowest
<br /> ot+s xicsrx t
<br /> .i�s 96),
<br /> Subjeet to Iha limite stated in Section 4(1D)below,tf�is rounded amount will be my new intaest race undl tho ne,xt Change
<br /> Date.
<br /> Tho Note Holder wfQ then detamine the an►owu of tha monthly payma►t that wo�tld be s�x�fictent to repay the unpaid
<br /> pr."v.xipai tt�at I am axpected co owo at tho Changa Date in full on the maturity dFUe at my new intesest rate in substscidally
<br />—. egva!pnymese�.'The result of tt�is caIcuLndan will be tl�o a�w amount of my monthl�r puyme.n� _,
<br /> (D�LfmW oa Ietenst[tate Cb�vgrs
<br /> (�Pl asa chack appro�rtau boxes;�r�n 6a:is checked,there wlll�bs no maxfmwn 11+nit on ciw�ges.)
<br /> H(1)'It►ete wW bo t�muimur+�llmit on inta�est i�changes. 9,o�p � -
<br />— xx (2)'t�e int�aest rate I am raluired to paY at the 8rst Change Dute will not b�e gm,sztcr than
<br /> or an 5.000 96, _
<br />_ �(3)IvIy int�crest rato will navcr bG t�r,.rc.'+scd or d.cc�eased on any singk Chango Datc by moro Uuu► _
<br /> TWO PBRCENT penccntaBe Ruint(s) ( 2.000 96) from the _:
<br /> rato of inurest I havu ban paying for the prccalimg�xriod. '
<br />_ Q(4)My intetcst rate wil!never be greatcr than 7�l.0 00 9b,whkh is called tiw"Maaimutn Rate." -
<br /> THE "MINIMUN! RATS" WILL NEVSR HS Y.89S THAN 5.00Ot. "
<br /> MULTIBTAT�AOJUSTABLH AATE RIDEH-3lnQle Femity 8��� _
<br />-_ P�pe 7 ot 2 -
<br /> , �•�9��(8�06) VMP IAORTp11pE FORM9-(t00S621•72Yt Inttlab: _ —.--_ -
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