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<br /> `A�` � sos�Es
<br /> -�'���� . � • � .'.�� ADJUSTABLE RAT� RiDER 92�
<br /> --_- "'m°*'�'a'� (1 Year Trcuury inda�•R+ite Gpsl
<br /> --_'��W=_�.;...�,���
<br /> .�_d�y ot ,]IINF .19.�.__.
<br /> —"' =---- • THIS ADIUSTA84E RATE RIDBR b made this
<br /> u�d 1�Inoorporu�d Into uid�hdl be deemed to unend aed�upplement Ihe Man��e,Deed of Tru�t,or Secu�ity Deed llht"Security Instrumml"1 of
<br /> �.��� Ihe wne d�lr�ivm by IM undeni�ned(Iha"Borrower")lo secute Bortower'�AdJustllble R�te Nole(the'•Note'•1�o
<br /> .i�;�y� • �Q(th�"I.�nda,�)of th�wae d�u�nd eoverlaa Ihe propatY dactibed in tht 9au�ity Imtroment�nd located us
<br /> .� �.
<br /> :.3�:a•_ '_ _i_ I''`� 605__S. CLEBU1tN AND 911 S. LINCOLN GRAND I3LAND NE 68801 �
<br /> (Propeny Address)
<br /> .�� �� �. TMis �ote co�Wu�pro�Won tllow�{ fa cbu{a U aiy lalernl nte a�d a�y �a�1M�y
<br /> -- __ _�i_.°�_"- p�ywe�u.TMU�ott�4o Ilmlu IYe�woa�l MY 1�teral r�q cu eluye�I MY o�t Ii�e�/ -
<br /> --��L�{o������`�'�� �Yo tM��w u�twt�r�b 1 wul P�f• -
<br /> -�•'��•:,80�`�,�vpp�t. �1 .
<br /> .7��_' \ -S1. ..: ..
<br /> '";���-`��' � ADDITIONAL COVENANTS.In�ddilioa to the covm�nts�nd�remne
<br /> nu m�de In the Security Imtrumrnt,BoROwer and Lender �
<br /> ���,,'�• fuhUer covaunt and�ee�s folbwt:
<br /> --,�-,;�, ,�-`-.,
<br /> ' ,.`, ,� •. •. A. IN7'ERE�TT RA7'B AND MONTHLY PAYM��CHANOB9 [�-
<br /> :; h� � Ni,SecUon�ot the Note provida for ch�n�ea in the interest�ta and the
<br /> �-!�s��" �'"� The Note provides for an(nid�l interat rate of
<br /> �. ,r�� moathlYP�l�cnu.aiYolbws:
<br /> �::-' w
<br /> ;,r�:=,,;+."9.:..,.:.• , -
<br /> ��"�J'.��.'�1"•j•.�.�~��..�'C' ^
<br /> � _ ;�,fi_.,,,..i..,,__, ;.., �, lNT6RESTIQATEAfYDMONTHLYPAYMBlVTCHANOBS _
<br /> _ '.,,,•:....:.�. (A) Chr�e D�tes _
<br /> -` �•:..:� • JL[1.Y 19 93 .and an thpt d�y avery
<br /> '•h;;�;.�yy;�.�,� The laterat r�k 1 w{II pay mpy ciunae on the fint d�y ot �
<br /> .�9==, • ' ' ' • 1? months the��iter.&ch date op which my intercst rate cauld chenaa is caUed a°Chan�e Date."
<br /> ,�� .,
<br /> _���,
<br /> •*,,41.. -o., • (Y) 'I'Yt 111des �""
<br />._-_;_,''�`�,,�.• "`. � • ^ Beainnina with the flret Chan�e Date.my interest nte wIU be bated on an Index.'fhe"Index"is the weekly averaQe yield on United Stata �'�
<br /> � v; �.;Y,{�::•'. +� • Trwury�ecu�itia adjwtod to a constant matu�ity of 1 y�r,ns made Available by�he Federal Rescrve Bard.The moit reant Indac ti4ure
<br /> �.•��' . ' � ' ,,.,, • wdl�bk u of the date 43 dayn before euh Chan�e Pate i�called the"Current Index." ( ,
<br /> =�-�_ • If che Indeu ii no lonyer pvaflable. the No[e HoWer wl��choose a ne�'i�dex whkh is based upon comparable iniornwtion.Tha Note
<br /> _'�, �`„ � . � Holder wip aive me notice of thi:choiee.
<br /> =_� (C) (',�k�1�qo�ofClw��a '1'FIREE AND ONE-HALF rantape `
<br /> � +-�- *-�*�� '- gefore eech[_'h�nse Date,the Note Holder wlll alculate my new intorat ntc by addln� P�
<br /> m� . polnu I 3•5 �Ni)to the Current Index and roundfna to the nearest 1/8th of 19�,subject to the emlu stated in Section AiD)betow.
<br /> ��•-'_ •°• ' Thb rounded amount will be my new interat rate until the next Chan�e Date.
<br /> ��"`°l� � �� The Note Holder wlll�hen determine the amount of the monthly paymcnt thwt would be sufficlent lu repay in full the principal I am r
<br /> . �'�,;, E
<br />���'�:.- ezpected to owe on thpt Chan�e Date in substancially equal paymenti by the malurity date ac my new intere�t rate.The rault oi Ihis cnlculation _
<br />-� �� � ° wlll be the new amounl of my monthly payment. '
<br /> ,,�; - • . (D1 Umll�o�lakrat R�te ChuQa
<br /> '�'`� ' '� ' The interat nte I am requlred to pay at Ihe first Change Datc will not bc greater then 9•� 9i o�o thon
<br /> '"� „ � , 5.00 �/i,Thercafter,my interes�ratc wlll nevu be increased or decrwsed on uny sin�le Change Date by more than �-
<br /> ' �2•0�) from the ratc of fnterest I heve been paying for Ihe prcceding tweha months.The minimum fnternt nte on thir loan will never be _
<br /> " ��hyu� 5.00 �h and the moalmum Mteral rate will never be Qreater t han 12•00 �• �
<br /> -� � � '. (E) EtfecdvelMleofCluio�a �`
<br /> ,.� .' ��
<br /> "` My new Intereet rate will become�fferiive on each Change Datr,l wfll pay the amount of my new momhly payment beainnin�on the flrat �
<br /> {�` �„5, �� monthly payment date aRer the Chan�e Date untll the amount of my monthly peyment chan4es pgain.
<br />"';� � .' . � ,. T (F) Nodce af ClunQa �
<br />:�F�;; ,` . . The Note Holder wlll mail or dclivcr to me a notice before each ChanQe Dale.Thc nalce wfll advise me of:
<br /> " (f) the new interat rate on my loan os of the Change D�te; �:_
<br /> -. � ' � (iq the amount of my monthly payment following the Change Date; �
<br /> �.`: . (iiq any addltion�l mattets wbkh the Note Holder is required to disclose;and �
<br /> ''�'"�� ' - (iv) the addras of the aswciotlon you couW coMact reaordin4 any question�obout the adjwtment notice. _
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<br /> • " 6. CHARCES; LIBNS "'
<br /> Uniform Covrnant�1 of Ihe Security Instrument is ommded to rcad as folbws:
<br /> ; , 1, Cluryes;I,Iew.Borrower shall pay all laues.auessments,and other cherges,fines,and imposiNons attrfbutable to the Property which may �
<br /> " " �ttaln a priority over this Security InsirumeM,nnd letuehold payments of�round rents,if any,in the manncr provided under pata�raph 2 hercof
<br /> or,if not paid in such m�nner,by Borrower making payment,when due,directly co the payee thereof.Borrower shall promptly furnish I.ender r
<br /> all nodces of rmouNs due under this para�raph,and In the event Borrower shall make pvymen�directly,Borrower shall promptly furni�h to �
<br /> - Lender reeeipts evidencing such paymentt. Borrower shall promplly discharQe any Ifen which has priority over this Secutity Instrument; �
<br /> however,Borrower shall not be requlred to dischorge any such Nen so lonp�s Borrower: (o)�hall agree in writing to Ihe payment oi the t
<br /> ' ' obliQalion secured by such lien in the manner ecceptable to Lender;lb)shall in good faith contes�surh lien by,or defend agoinst enforcement of
<br /> � such Ilen in,lepal proceedings which in the opinion of Lcndcr opera�e iu prc�ent the enfor.ement of the lien or forfeiturc oi�he Property or any �
<br /> • � part thereof;or(c)shAll secure from the holder of such lien an agreemen� fn a form satisfactory to Lender subordinotinQ such Hen lo this j
<br /> f
<br /> , SecuNty Instrumem.
<br /> IF Lender determines�hai all or any part of the Property ic xubject to a Ilen which may uttain a priorfly over this Securi�y Instrument, ;
<br /> Lender shall efve Borrower a notice fdentffying such lien. Borrower shell setisfy such Ikn or�ake one or more of�he nc�ions se�forth above �
<br /> ,
<br /> wl�hln ten days of the QivfnQ of�he nake. •
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<br /> C. NOTICE .
<br /> � lJnfform Covment 14 of the Securily Instrumem is umended ro read oti folluwc:
<br /> U. Nolke.Except for any nolice required under applk�ble law tu t+e gn�en in another mannrr,(u)anp nwice�o Borrower provided fur in th�s
<br /> Securuy Instrument shall be gfven by delivering it or hy mailing it b>Orv clatis ma�l�u Borrower at the F'ro�xrty AdJress or ut wch athrr.�JJresc '
<br /> as Borrower may designate by n�nice�u Lender as pro�ideJ herem,und Ih1 any nu�ice�o l.cnJer�hall he g��en by Iint daa,mail�u Lender'ti
<br /> ' address s�atcd hercfn ur ro ruch other addra�us Lender muy Je�ignate h>�nuu.e tu Hurrowcr a+pro�iJcJ hcrem.Am�nuucr pru�idcJ tur m Ihi�
<br /> ' Stcurity Instrumen�shaU Ur deemed tu hu�e becn gi�en tn Hurn�NCr nr Lrnder��hrn gi�en m th�monnci Je�iµnatcd hcrrm.
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