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<br /> s`�' :. T'HLS ADNSTABI.�+RATE RIDHR is made t4�is 12TH day af APq I L � _
<br />.'•';€Y:� ` 19�6 ,aad is in�rpnrated into aud s�ail be dee�d ta amwnd an�s;t�sp:ec�.�r.t tt:;MaK^,;;p.�! �f �,
<br />_`'�� Tmst or Security Deed(the"Seauity Instrumznt")of the same date�iven by the undetsigaecl i�� ��K�r)ta _-
<br />- secuce�&srrow.,r's�4ctjc�abte F.ate I�T�te(the°NQie")to
<br /> _ ihe Equitable 8uitding ao9 laan Associatian ef QrartB Isiand, NeDrasNe� A iederet Sevings 8ar� �'
<br /> `,``5� '�:. (t�e"Lender°)of the same d�te aad covering the PmPertY descri6ed in the Sscurity Instrumeni und Iocatsd at:
<br /> � 319 E 21ST ST GRAN� I�LAND, HEBRASKA 68809�2492 �
<br /> . G'roP�h��l
<br /> •Q��`� � �� 'tHE NOTE tANTAfHS P�t01+'IStONS ARLOWiiYO EOA CH�l�iGE& iH TF�E INT�RE$T •
<br /> ����` � `�'.� ' � RATE AND THE M�NYHLY PAYMENT. THE NO3E Llti�lTS 7HE ANlOtDMT 'tHE
<br />�:s.Y�; r��-;�<":° BORROVYc'�t'S II�TEREST RATE CAN GH/�NEiE �tT A4�if ONE 4iME AND �41'�
<br /> '`�'� M�MUM RATE THE BflRR09AtER MUST PAY.
<br />.i.:, . .
<br />_;.:.;��. . ADDTdTONAL�+(#V��.In addiaon w t�cover,ants aad agreeme�ts made in the Secusiry Iasuument, �
<br /> � Bareower s�3 Lender furtix�a��:.nt and agrze as follows: —
<br /> � •' .''�:�`. . A.Il�iTE�i:��RATE A.��+ION'r�Y PAY1biE1�iT CHANGES :
<br /> '`�°` "' 'fha Nnte�c:ades for�:-.iria1 interest rate of 6.825 Sb.'I�e Note pr+ovides for changes in
<br />--=f�t�`;`1' . ' . as foiiows:
<br /> _=':�:�t,�:•,:. the inien�iraaw and the monthlY PaYments. —
<br /> ^„+ ` . —
<br /> • t� ��,IlVTE�S�'ItATI:AND MONTHI.Y PAYMENT CgIANGES =
<br /> a':
<br /> 3 re . .. . . . .
<br /> � �•
<br /> �i�Yr,�s, . . tAa Q���r I1�lt+�.c ' �
<br /> ' 7l��, : • . �y�nk�u sesc rate I will pay maY�8e on the first day of a�AY . 2�dt ,aad osi tfsAt
<br /> �� , ,;. . � . ,da;'c��Il�tt�monih thereafter.EacL date on�vhich my interest rate cauld cha�ge is called m`Z�:.�e Date.'
<br /> i$)�e Yndex. _
<br /> '��'� '�'.: . -:.�egi'ming with[he 4'ust Change Date.my interest rate will be bnsed oa aa Iad�at.Tke"I�s°is�3r��cc�rYy .
<br /> I ..; • ,. �
<br /> .. . .� °;. :� �. .av�.�.�twRd on United States•Treasvry secaritics adjusted to a constaa!maturity of 1�y�ar.�s�e a�-��:c hy
<br /> .�,::,.��:;' : ,
<br /> ` .,}; ... : .�c.['rr�+r-�L�eeserv��aard.The most m,cent Tndea figure svaitabis as.of the date�FS days befcrc�¢��h�nge Date
<br /> � - '��-�15T'"4.fri..°�''S.�18�CI11Tt:II�IIIdCx.n �, . .
<br /> � �� .. � . �� i�`t�c'Indea is n,o longer avaitabie.the Nnte Ho1du wiU choose a n�w index Nhfie1�is b�sed upoa co:�m�le
<br /> �.�G�:�'.:��:The Note Hotder will give me nat�ce of this c�oice. ,
<br /> �.. - ' �•(L�!�'�attoa of C�es
<br /> �� �� .,: . .:. �e:�:�cli Change Date.[he Note Hofder will calcuIate my ae�►imerest rate Iry adding
<br /> . .;`�::: � 1Wp�. �De��Be P��(e)( 2.OQ0 _ 96)to the�urzent
<br /> � �'"��"�'ax. 'J'he Note Hoider will then round the resuit of this edditian W the�t o�elgbth of one penxatage
<br /> . ;,.;�. .
<br /> .�.;: • � �ouot(�-G�%).Subject to tGe limits stattd in Seaion 4(D)below,this monded amount will be�ry new interat _
<br /> : ra�twii�i.�a*��ext Ct�ange Date. . �
<br /> � � .i. � � T„�?i�'��Holder will thea detetaiine t9a amauns of the montltIIY PaYme�i Wat wautd be snf�cimt w tr�Y t2re .
<br /> ; :��`�d�i.��.�ipal that I am eapeeted to owe at the Change Date in fuU on the Maturiry D�te at my ntw iaterest eate _
<br /> '..,.u,�su3�4:rai�Iy equal p3yments.The result of this ralculation wilI be the aetiv acaount of my manttily payrr�eni.
<br /> �..� �} � �)IG,u�yrl;s on Interest Rate Ciiaages •
<br /> . ` : T��iuml;me:t rate I am requIred to pay at the fust CHange Dat�will noe be grean;r thun 8.82S 96
<br /> � �:,�Iess�. 4.625 Q.Thene�fter:mY inieresi rate arilt a:ver 6e iacreased or decreaceQ oa
<br /> " : ':,: �. :�.;�si:�;,�:an�ge m`�:tsy more t�an two perceatage points(2.O;fi)6ram the rate of intcrest i have her.n paying
<br /> . . . �i?C;��5'.4h.�:«1$Zt1Vei1"L(IIOAI�LS.My interest rate will never be greater than. 11.625 96. � =
<br /> ' � w;;� .a�4�rest rate will never b� 1ow0r than 4.825�G.
<br /> . �7�tiui�ive Ozie of��anges -
<br /> . ' M��,�cw interest rate will become effecdve on each Change Datc. I will pay tius amount of my new uwrehly =
<br /> , �pa,r�:�ginaing on the first monthly payment date nfter the Change Date until the amount of my mouthly
<br /> . �;�;c�..r.nges agaia.�
<br /> �.; � �:�,a(x�of C�angcs _
<br /> 'I � • TL�`I!���:iiolder v�il!deliver or mail to me a notice of any changes in my interest rate nnd the amount of my -
<br /> .�� � � monf-"�,J r,�s.y��i:.w:,�:e t�e effective date of any chan�e. The nodce will inctuds lnfom�ation nqulnd by Itw to
<br /> � � 6e givc�:�u»r�,?��t�tlE,: tiue a�id telephone number af a per5on who wila ttnsaer nrry questzoa� i ra�ay have �
<br /> :_' n8ardir,�t3�re�..:�tice. �
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<br /> Mtl1TISTAau C^3iiSCp(plf�f��TE R;DER-AifM 6-Z-Singte Family-Fare�N[Nlfr�IIA�c Unlform Dsrt�uirfsnt r
<br /> � Farm 8111 8/�d
<br /> ��$2�G��s.C81 V1'APM01t�t3AGEFORMS•f800192t•729/ �pr7ataticnt�oyt3:�paCOr
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