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<br /> � AI�JU�"f�BLE RATE RII�EI� �._F.;
<br /> -} (1 Ye��Tre�s�uy Ina��-ttate cA�s) ���-�
<br /> � LEIdDER'S �; 09-2d-03440 =
<br /> � � Ti-IIS ADNSTABLE R.�iTE ItIDER is made this 11 TH day of OC109ER • �":�r
<br /> '�: tiyg� .and is incorpan+ted into and shull ba deamed to amend and supplement the�lr�rtgnSe•I1eed uf �:;
<br /> _ .z:•` T�a��t or Secutity Deed (the 'Security Instrumer►Y) ot the snme date given by the undersif;ned (the �
<br /> � --
<br /> � •ffbssrotvet"I tosecnre iio�rowet's Adju.Stc+ble Etnte N�te(the'Alote"�to PNC MORT6AGE CORD. OF AtiERI(:A, �,,.
<br /> ilf��OHIO COFiPOAATIOH � `
<br /> (t��s'Lender')of the s�me dgte ond cuvecing the psa�pe*tY descnbed in tAe Security lnstrumeret and Ic�rated __
<br /> t aro �1�C —--
<br /> , .�' 4?�9 N. NOMAHO STREET, 6RAlID ISLAh�, NEBflASKA 688��� J�. `Y
<br /> ,�•� [peoperty Address]
<br /> '1'�{� �OTE CONTAtNS PROVtSIANS ALLOWING F[1R CHANG�S IN THE [{�1TEREST '-_
<br /> R/►T� Ai+l� TO'iEE MONTFIly�TE /►N CHAPIGE �►T LAI�9Y 01VE TIN[E A4�ID 'fH� __--
<br /> B�RRCi(!t�'S I�6TEREST
<br /> NlAXilAUM RATE THE BOr"tiiOWEFt 61US7 PAY. 4--
<br /> . �D�Ip�tAI,CpVBNANTS. In addition to the covenants and agreements made in the Se�urity -
<br /> '� ��' ir.stcumen�.Bacrowes'and Lendet further covenant and agree as foi�ows -
<br /> �� �g,, g��RATE AND 1�i01TTHLY PA�ZFN'������_� 0000°!o. The Note provides fot
<br /> i. . '�,�I�Iat.�provides fos an initial interest rate a� ----"' -- �` -
<br /> .; �c3:±�cc�s in tL�i.+:terest sate and the monthlY PaYments,���ltor,s
<br /> f
<br /> � 4. INTEI3�T��ATE AND MONTHLY PAYMENT CHR�.�� _
<br /> �" (A)Chafl�e�3a2e� ���YEMBER t999 . and on
<br /> The int�rest rata I will P�Y may changa on the Gtsc day oY . -
<br /> that day ever'r. 12ih mnnth thereafter•Each daqe on which my iis.��st rate cvu�d ci;a�:4t-;�Hs c�11ed a"Cliange
<br /> Date."
<br /> (B)��dex
<br /> $�g'�:�g with the first Change Date.my interest tate�u�1�e 1�asea on an Indes.�II'+�a"Indes" is the
<br /> " �..:� w�;ly average yield on United States Treasury secu�sties asi:�--"-ad�8 CO�nt maturity�.1 year,as made
<br /> , .F . . � rt,Trulabt�hs;tho Federal Resen►e Board.The most rzcens Ind�'�5��available as ot the date 45 days b�a�e
<br /> � Y . e�;,t,Chan�.Date is called the"Cunent Indes." �
<br /> f, I{d-,���es is no loager available, the Note Holder ��iz �1��a new indes wl�n�3tr is based upon
<br /> �;orr�parab'.e;;�formation.The Note Holder will give me notice�!f this choice.
<br /> � (C)Glcalstian Q$�h�nges
<br /> Befase each Change Date,the Note Holder will calculate my new interest rate bY adding--'"°____�___ —
<br /> �, -perce�►taEet�o'snt(s)�----------- ---�.7500%) to ttte _
<br /> � TNO-At���TEciIEE-FOURTHS---------'-"""-"-""°--
<br /> ' Cunen�'Gm��es.'I'he Note Halder witC�tlr,en raund tAe result m�t�is addiEion to the neares¢�Q�e eighth of one
<br /> �:rce�,wg+e point(0.125%). Subject to the limits stated in�u'unn 4(D)below.this roun��3 amount will be
<br /> � rr,l�r•.eu interest rate until the ne�t Change Date. .
<br /> p{�';��(qT�AQ,p$TA@lE RA'EE 810ER-ARMI 5-2-Sing►e farn'.y-C-suri�o i71tiz�1Frcfldio F.7c=Uni4crm fn�tr�."�ca4fH�a 9111 3/b5
<br /> pf9�t of 2
<br /> � (�"�' �$�co�oe) VMq MOi1T0AGE FORMS•(3131�93-8100•lE0�i5ZC-7�lifra. (nitial�
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