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. .. . ;:, 4 � � .. - .. Y:Ct=..' . ..... . . . . • . _:.-.. . . . ._��..-. -.��-....._... . -. l. . • WI��Wr�fWdMwY�:'. -_–_ --_ _ _ .. • . '- �e �.__i.:.- �•`� ., r Y s...._::_"_'_'—�` ._ . .. _ .��,.�'"`_—'—_--. i ::� . _ �� ri'L••:D1Si7�A —__'_— _ –_ X.ST:-�..iJk"F'T�R.'t��.�.LfIT:a�;: � � � ' o _ `"�cM��K.7��,Y�`J ��J��Y��..� �.,�r�� ;� � _ (�Year`freasury Index-Rate(:ops) 20U218 C 6 _ THIS ADJiJSTABLE RATE RIDER ie niadc this 9TH duy af MAY , _ 199G .s�Y! ls i�ku��►�ated Iuto+uxl sllrU ba dce�iZed to amcnd and supplement the Mnrt�n�e,Deed of Trust or Security Dad t�h�"�urity Instnrnient")of the Fame datc given by thc underisigned(the"ldonower")to secure the Aorrower's Adjtestable Rate Nate(the"Note")to The Equiteble 6uilding end lo�n �ssociatton of 9rnnd Isleed, Nebreskn, A Faderet Sevings Benk (tho"Lendcr")of tha sama date and cavering the property dcscrihed in the Security xnstrumcnt und locutcd At: 998 W 10TH �T GF�AND ISLAND, NEBRASKA 6A801-4003 �Pmperty AddrcseJ THE NOTE CONTAINS PROVISIONS ALLOWINO F06� CHAN�ES IN THE INT�RESY RATE AND THE MONTHLY P�IYMENT. THE NOTE LIMIYS THE AMOIINT THE BORROWER'S IN?'ERF.ST HATE CAN CHANGE AT AMY AWE TIM� AND THE RAAXIMUM RATE THE BORFtClWER MUST PAY� MDI7�'IONAL COVENANTS.In addiuon to the covenants and ugreements mude in the Sccurity Iusi�w��ii. - Bonower and Lender further covenant end agcee es fallows: A.YIVTEItEST RATE AND MONTHLY Pll�Y14�N'C CHANCES 'I'�e Note providcs for an lnitisl interest rnte of 6.7 50 �.The Note provides for changes in tha interest rate and the monthly pnyments,a.v follows: 4.IIVTERFST RATE A,Nll MONCidd.Y PAYME1dT CAANGFS . �„ (A)Clwnge D�tes '�'hc intcrest ratc I wifl gay m�y change on tnc first aay oi JUi3c , �t3a= .arR:r,z it:�i day zverg�12th month thereafter.Each dute on which my intemst rate could chnnge is callod a"Change Date." B)The Index � Beginning with the first Change Date, my interest rate will be btrsed on an Index. T6e"Ii�dea" is the weekly average yield on United States Treasury securities adjusted to a constant maturity of 1 year,as made avAilable by the Federal Reserve Board.Thc most rccent Indea figure nvailsblc as of thc date 45 days before each Change Date is c�lled the"Curnnt I�xlcx." Tf the Indox is no louger available,the Note Holder wlll chnose a nr,w indea which is based upon oompuxble information.The Note Holder will give me notice of this chuice. (C)Cakulatbn ot Chang� Befora�uch C.hange Date,the Note Holder will calculate my new interest rate by adding � percentage point(s)( 2,ppp %)ta the Curceut Index. 'Tbt Noto Holder wlll then round thc result of this eddition to the nearest one-eighth of one percentagA point'(0.12596). Subject t,o the,limits stated in 5ection 4(D)belo�v.this roundecl amount wili be my new iMer�at rate untii tht next Chunge Date. TBc Nr,i..IIoidc.�ftl:hcn ctcic:sn'snc thc:.mount of the:r;o�.ihi f paymaic tlict:resI�!�su�titr.:2�:^r•�;*_h• unpaid prl�ktpa!that I em ex{xxtod to owe at the Cl�ange Date in full on the Maturity Date at my new inte�+eat rate in substentially oqual payments.The re,ult of this calculation will be the new amount of my m�nttily paymer►t. (D)Limlt�on Interes�te Chap es 8 8.7 50 Tt:e intes+est rate I suia ulred to ay at thc first Ghan e Date wUl noc ba grcater than 46 or less than a.750 9G,Thcc+eafter,my interest rate will nevcr ba incrcasod or docre�uod on w�y single Chunge Date by more thnn two percuitag�poir.ts(2.0"9b)from thc rate of interest I havr,ban p�yi.�sg , for the prxeding:wclve months.My interest rate will nevcr be greater than �1 .7 50 _ gy, My interes4 rate wi11 never be lower than 4.766AS. (IE)�iteNive ilate o!Chxnges My new interest ratc will bccamc cffective on euch Change Dntc. I will pay ti►e amaunt of my ncw monWly paymerst beginning on the first montfi�ty payment date aftcr thc Change llate unlil the amount of my monttily payment changcs ag:dn. (E)Notice ot G6anges Thc Note Holder will delivcr or muil to mc n notice of any changes in my intercst rutc and the amount of my ttwnthly payment bcforc thc effectivc datc of nny changc.Trtc natice wiii inciude inionnscion requi.ed'ay iaw iu be given mo ond also tl�e title and telephonc numbcr of a peison wlto will unswcr any qucstios� I muy have regarding thc notice. MULTISTl1Tf ADJUSTABLE RATE RIDER-ARM 6•2•Sinple Famfly•Fan�fe MaNFrntdls Mno Uniform MttrunHnt Form 3111 3/86 �-daz/�1030G1 VMP MOHTOAGE FOAMS•100013Z1•7ZB1 � PAniW oo IpcYCMd Pq.e� � •. . .�