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_ - . � x.. _ ____ �..��. : _ . .�:,-.s=..�.,a,__T - - --� - -== - - ---- s��'=- --- � _ . �� ,li�I�ra� � • �-- AISJ�J��A�►�,� RAT� kI��R 2002�es, _ G (1 Zr�Git'�i'C�'�Y �ifi{CX'IZfitO Cp�� _ 1[S ADIUSTAHLE RAT6 RIDER is t��c1c this 3RD ciay of MAY . 199� , � ia incorporucd into and rt�a11 bc c1�nX:i tn;un.nd aixt su}�+len�ent the Mongafie.Deed of - Tru�t or S�curitY Uccc3 l�he'�uri�y i�wi,w�'•;";of;h:.:.�mr sSstP g;vv�hy the undersi�nod(the"Bom�wer")to heB�n� iw s Ad' stablo Rate Ncxe t�he"Note-)co = �1i��p��[�D��uif�in� �t��to�n Assonstion ot Gr�nd lsl�nd, �1�Dt�ska, A Fedenl S�vings 8�nk (the"i,ender")af the�:ne date�ui wverinr the property describad in the Security Inswment an+1 tu�aied a.: � � 4302 BLAUVELT RQ �RAND ISLAND� NEBRASKA 68803-1401 Ip�openY I►�Wrcssl THE (YOTE CONTAINS PROVISIONS ALLOWIN� FQR CHANGES IN THE INTEREST RATE AND THE MOP1Tf�LY PAYMENT. THE NOTE UM17S THE AMOi1kT THE BORR0INER'S INTERES7 iiATE CAN CHANGE AT ANY ONE TIME AND THE IIAAXlMUM RATE 7HE BORROWER MUST PAY. _ AQDITIUNAL COYENANTS.ln addition to the covenanu and agroemenu made in the Security Insuaun�ni. -_ g�ow��d L,endes►urther covenant and agree as follows: A.W'I'EREST RATE R.ND 1�tONTHI.Y pA1TiENT CHANGES 'Ihe Note provides for an initial interest rate of 7.000 �k.The Note provides fer chsu�es in tho interest rate and the nwnthlY PaYmeuts�as foflows: ��',�'�'��',ND MUNTHI.Y PAYMENT CEIANGES � �'��C�� JUNE 2001 .and on that The interest rate I will p�y may c!'ange on the first day of - day every 12th month thereafter• Fach date on whlch my interest rate could change is callad a'Cd�nB�Date•� (B)'1'he Ind�e�c g�8�i�►8 witk the�nt Ctsange Dau.my iiuerest rate will be bssed oa�index. The "Index"is tl�e:wee3cly avenge yield on United States Treacury sxuriries adjusted to a wnstaai c�:�turity of 1 �ear, as made available by the Fcder,al R�su��,The most rexnt Index figune a�•ailaWe as of the date 45 days Defore each C7�8�Dau is callod the"G�ute�t Index.' iF�ti,.t,�t.�ic wo loneer availabk,the Note Holdu will choose a nev:indeX�+hich is hated upon oomp�r+Wo . infwuuuion.'Ti�e N.�te liuldcr will gi�e ms nMia of this choia. (C��akul�tiou ot Chao�es �re qcb Ch�n�e Date.the Note Holder will calculate my new interest nte by addin$ ,b�to We Cuttr.at petoaaage point(s)( 2.000 Ind�x.The Note Holder will then round the result of this addi�on w the nearest uue-eigl�th of oae perceata8e point(0.125Yb).Subject to the limits stated in Section 4N)below. tbis roundod amou�flt wil2 be my new interest rate until tbe nexc Ghusge Date. �would be sufficieat to repY tbe The Note Holder will then determine the�na�nt of the monthlY PzY� - unQaid�i�ci�al sh:t 1 r.m czpaxt�to owe at the Cf�ange Date in fnU oo the Msturity Dste at my new inttrest rate ;��..,��,,,��a»y«��„i�y�n�a�s.The result of this calculation will be the new aa�ouat of my awothlY WY�• (D)Limits oo IntesYSt Rate Cha�es 9.000 96 The incercst�rat�b�n required to pay at the first Cha�e Dau wil1 not b�B*eaca� or less than 9r.Tlureafter,my interest rate will never be increased o*dxre��°a �ny single CUange Date by more than two p��tage points(2.09b)from tl;r2ate.�Of�o est I have born�Y�S �n 1L �ea ��tt`�'�la�te wi'l�Y never��ie l owe r�t nan�5.000x. ' (E)Ettecbive DAte of Ciwoges My new iiucrest rate wi11 become eS'fxti�•e on exh Chaage Date. I will pay the�mount of my new monthly � paY�nt beginn'ra8 oa tht feist m�x�th1Y WYmeat date after the Ctua8e Date until the amount of my monchlY P1Ya�t�1�at�8es aSain. - (F�]�wioe d Ch�ges � -- The Note Hot�'er will deliver or mail to a�e a notice of any chaa8es in my interwc raie�►d i�'�=:.�::at oF�; mont}ilY payment before the effective date o�any change. The twtice will include infom�ation re9uitnd by law to _ be given me and also the title a� telephone number of a person who will answer�ny questien I may have = re�ardiog the notice. . ::';, AAlJ1.TtSTATE ADJUSTAQIE RATE HIDER•ARM 5-2-Singte Funily-Farx+i�Y�dFaddi�ldac lldfo�m Ins�31� 3f85 �$$�A{93051 VYP MORT�AGE F/MY5-18001521-7291 v�'^�b°^��r�' .-..�� ' ° ~i __� >,� -S�� .. .. _ .