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� � .. -- —_-----... ._ .=:,:=: .- --- �--_---.- _._.rr-.;_".� -__=-=----- - _ ._..._._. .....__... ...�...... ... ,+;-�?.:R.SI'� ��"�N'�i��t'' �;.�.��- tt:�.,•. - ��:��_.�..:--, uLT� 3,�C�� _T.- AD�[JS'Y'A�3L�; �A� ' ��R 20027162 _ _ tl YeYr Ti�rasury' Iadzx-N��t'�p�l 28T#f d�,y oi' AUGUS� , - 'fHIS ADJUSTABL�R+TE RIDEFt is nusdo thir. � p� of 199 B ,and is incorPars� inco ai►�shall bt►docmed to.u:r�end anc!wppletiunt thc Mortsag • Tnut ar 5ecurity Dood(the�Socu�i�Y��u��of she sum�dsi�.girza�y th:,u `� '° (�'��'��0 so�ui,e tne So�z+oKei'c Adjustablc Rate N�to(d�e'Notc:")to 11� Eouittbl� 6uildinp t�d lota As�oci�tio� ct Grtn� Itl�nd, ruDf'4s1�� A Ftd��) Sayia�i ltdk (the'Lender")oF the satne d�tc w�d caverin�the pro�cutY describtd isc the Secwity InsWtueat�nd loc�►tod�t: - 815 RAVENWOOD OR QRAND ISLAN��NE��SKA 68801 THE NOTE CONTAINS PROVIStONS ALLDYWNQ F�A C�� N �� TEREST pATE APID THE INONTHLY PAY�AEWT, THE N(O�E 1.I�A17'S THE AMOUNT TIiF � BQRROWER'S INTEREST RA7E CA'� CHANti6 A►T ANY ONE TtME AND THE �AXIMUM RATE THE BOiWOWER MUST PAY. ADDITIONAL COVENAN'I'S.In additian to tlks covenaats a�u1� nzade in the Socurity Instn�mea�� Borrorva wd Leador furthu covea�al and a�rce�w fvUows: A,iNTF,�FS"P ItATE AND MONTHI.Y PAY1�iENT CHAI��'�' Thc Noce provides for on initial interat r�te of 7.625 �.The Note provides far cbaages in �e�nc�KSC r�ce�a�ne montwy�yme�u�as foltaws: �,II�TEkFS'T RATE AND MONTM•Y PAYM�F•N'1'C�iANiCE'S , 4�►1�� nay ch�nge oa tha fisst day of S�PTEIiAB�R 2001 ,�ad oa tl�t T6�ineensc rate I w;u wy • _- day every 12th mouth�.Fach date on wlilch my inta+esc cate oould d�n�e is caltai�"Clu�Se Date. , (B)�T� w•ill bc basoci�rs�Inckat. The 'Inde='i�t5G w�aelclY - .. g��ri�the first Cl�anBe Dace,mY ia�t� of 1 yar.as made ar�ilable bY avet�lOC�iieZd on Unitad States TreswrY securities ucijusted w a const�nt matur►ty -----'-_—-. _.. . . - — - 'jfle m0u ICCE��uio_.._...�....e ►i�.d*t. 4 dasrs befG[+De�Ch.��G ShC�iCfLS�RtSGLVG BOi�. a.r+�.•�v...ilf-�!�-�- � --- ---.. IS Ci��t21C��11T6flt TOdC7I.• If t6e lnde=is no 1onSer available, the Note I�oldec will c6c!ose a vew indeu wlsi�is basod upon co�a�° . ioformation.The Note Holdet will give me notioe ot this caoice. (�Gk�tloe ot G'hpa�es Bcfore each COanB�D�,the Note HoWer wdf c,alculate my n�v�'w�s��bY�'�B . 1MD P��P°i°t�s)( 2.000 9G)to the�urant ` Iad.�. 'i�e N000<F�aLder will tbea rouad tlx ns�tlt of this addition to the nearest oo��eiSftth of oae p�om� point(0.123'Xr)• 9wblea Lo the limits st�ted in Sectioe 4(D�b�3ow,this rouadod�moimc will be n►Y�+►ia�e�tst . n�until the a�ext ChaaSe Date. �t wauld be�ff�c'saat w re�Y�. The Note Hdda will tl�m detami�tbe umunt of the m�uthlY Paymest ��.�,i�,est ra�a � y�P��P�that I om�xPec�ad w owe at the t�acBe Date in full oa tt�e MaturitY � in�Y�PoY�.'Ibe rault of this rala�lation r.�ill be the new��Y�Y P�Y�� . , N)1.ia�ks ou Iates+e�t�tabt 4.'l�e� 9.d25 �, 71�e ituaest rate I un requit+e,d W P�Y at the Srai CbanSe Uate will not be�� or kss thaa 5.625 'fC.'Ibare�er,mya.interesc rate will neva be inar.�ed or decre�ed°° e Dat�by more thu�two pacmtuge poia�(2.0%)fc�x s��°of inurcst I L�ve boea p�Y�B 12 625 �,. for t6e �tvYdve aoonths.M inttrest rate will never be S��r th�n. ' � Y�F ntsrsst rate wi�l nevsr bs 1o�r�ar than 5.625x. � (E)Flfect�ve D�te at(.'ha�d ��.I will Wc amouat of my�w mon�lii� .. My nevv i�erest rate will ba.�ome effbctive oc� d� �Chaqat Date uotil the �n�out�t e€tnY �+�Y -- . p�ymeat Iseg�.uain,Q an tlu fusE monthlY F'�Y�t . PaYmene ct�oSa a�°• .. (F�Notia ot C3�o� es in m inta�est tate aod the amouat of my Tl�Note HoWa will deliver or mail ta me a tatice o��notice wiU inclwk ic�ormxioo�e4�bY�'to mmt1�1�+WYmau before tl�a effaYive date of any ch�w8�• who will answer aay qu��I �Y Lave . be Aivm me and atw the title aod telepl�ooe�w� a�� pason r�rdin8 the°°tu�e- .. MULTI&TA7E A0.11JSTAYLE RATE ftlDER•ARlN S'r2-SinQbc iu�Y-Fan�N MMIFnd�AA�o Ih�ifonn 1ti�w�t 317131�6 � ��Atwoq vwYOwTOUt:rC11YS•t�owsita281 v hwaeo.�i�►�' . _ � ' i