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<br />" ' ADJUSTABLE RATE RIDER •�92"" ` iOS956
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<br /> �� THI9 ADJUSTA11L8 RATB RIDER i�mad�IbU_�-day of '�'Y .T ,t 9 92 ,
<br /> u�d q I�oorpony�d 4qo sad dull Md�d to�maid�ad wpplanml lbe Mortl�{s.Deed of Truu.o�Security Deed I�he"Socuthy Innrument")of
<br /> _`,, �h.�e.dw•stwo er��.w�aK�nea hn.��sono.�er^1�o t.cun�owu•.�ajua.e�.aw.ww.un.��r�ae•�►�o
<br /> ° �dQ(tIK••l.Nd�r••)or du uwt dn.am!oovwty�M P��v��ia tpe Sicurl�r Inarwawu�nd locaud at:
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<br /> ' �I � 1� � 1109 N. SHERMAN AVE., GRAND ISLAND. NE 68803 __
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<br />- �Property Addras) _.
<br /> _ -�-==.,-�.,��R• 'f�t�rae ewuln �o.Mlor�Y�wi�{ tor eM�N Iw■y VMnq erl� �ai wy �IMIf
<br /> --_L.:� WY�4.TW�ot�dso Qdts IM�wo��t��bttn�!Alr cN c�t�I wy o�thr�
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<br /> '�'��---' ADDITIONAL COV6NANT3.la�ddiUon to tbt coraunu rnd a�rama►u�wde�u tbe Seeurih'��ru�a���Bo�°M'a�ud�
<br /> -- - -��':s:.�:.� iurtba coveaaat and+�roe u follows:
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<br /> '• A, �N7Fi�T RA7E ANO MON77iLY�AYMENT CHANOEB
<br /> �.??� The Note provida for an iNtW iate+est rate of 6.25 �h.Sectloo 4 M the Note provides for chan�es in the iataat rau�ad Ibe
<br /> �''��� ` ' lnouthlY WYmeau.as foUows:
<br /> ��m�
<br /> �.�7,�3 i; �, /NT6REST RATE AND MONTNLY PAl71fBNT CHANOES -
<br /> �.lir,�..�r�r:K. :...:.w (A) CiML�Dtlw Au ��ar ,19�—.�onthatdaYererY --
<br /> �� .��'�'� � The ioterat nte 1 wfll pay may chan�e on the 8at day of $
<br /> � ' ;` :�. 12 months thae�Rer.Each date aa ahicd my intaat nte could chsnQe 4 caded�"Chan�e Date.••
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<br /> -� . , (e) i'w IMe:
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<br /> .��,�-,� ;iir Beiipnin�with the fint Ch�aQe D�te,my interat rate wlll be based on an Indac.The'•Index"is the wtekly avenae ykld on U nlud St�tes
<br /> - . . ° .�.,� Trea�ury�acurltia adjusted w a constant mWUrity of 1 year,as made�vailable by the Fedual Reurve Board.The most raoent lndac Qaurc
<br /> — ' � �vaiyble a�of the date 4S days before ach Ch�n4e Date is called the"Currcnt Inda."
<br /> � �.� :��� :"""' It the Indac b no lon;er�v�ilabk.tha Note Holder wUl choa�a�new indae whlch b based upon comparabta infatm+�don.The Note
<br /> ` - �;I., Holda wiU�ive me noNce of thi:choice.
<br /> '� ° (C1 Cak*WIwo�C�r�a -
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<br /> — ��ai��:.,y j;;,,;;;i;;� defarc ad�Chm�e Date.the Note Halder will calculate my new intercst rate by addin��{,jA �W� AN� �.------ O0^�0
<br /> _�- --:-��.,::�: p��(�,r�. �)to the Currmt Indu and roundm�to tAe nearsu i iOth oi f 8*i.subject to iha 11+�1u ciau3 ta Srrtion 4tD)bdo�.
<br /> , " This tonuded amaunt will be my new interat rate untH the nettt Change Date.
<br /> -a � ,,,T ` „ ', The Note Holder wi0[hen dctcrmine thc amount of the monthly payment thot would be suificient to repay in fu0!he p�incipwl 1 am --
<br /> — : �+�r'' pcpected to owe on thac Chonee Qate in:ubstantia11Y equal peyments by�he matudty date pt my naw Interat rale.The rcsult o f Ihfs cdcu4don �:
<br /> ` r►+IU be the aew unount of my monthly paymn►t.
<br /> -_ryi, ' � ' __ lDl L�Ibo�IdenslRakCMu�.+ �
<br />--�� �. .. '• t` The Intaat rate I am required �o p+�Y at the first Change Date will not bc ereater �han A_�K Hi or kss Ihan �
<br /> �'"` .
<br /> ��fu 4 y e� 4�� S'i.7'herwfle�,my Intere��rate will never 6e increased or decreaud on ony sinQle Change Date by morc�han�,�►r— �
<br /> - : L �,��rom the rate of interest 1 have ban paying Por thc preceding twelve months.The minimum interat ratc on thia loan wiM never be
<br /> �._ � - �as�Iwn 1�,i� �i and the maximum interat rate will never be Qreater than��� �•
<br />�.4 r,
<br /> _ 'i;.••, (�) E(ftctive D�te of C6iu�es
<br /> � !m ��: �� My new interest ra�e will become effective on each Change Date.1 will pay the amount of my new monthly payment beQinnln�on the firat
<br /> ���' ,,,�,�„�� �:
<br /> . monthlY p�ymmt datc aiter the Chanae Date untll the amount of my monthly p�ymenc chan4es aRain.
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<br /> .••�.a�. (17 NOIIClO/CIM��es Q-
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<br /> •• -•• •• �� Tlx Note Holder will mail or dellver to me a notice before exch Change Date.Tht notice will adviu me of:
<br /> " (i) the new intcresl rate on my loan u of the Change Date;
<br />���s���M�'• � nt following theChange Date;
<br /> (iU the amount of my monthly payme _
<br />���� '��'•'.; �u �" (iii) any odditioeal matters which the Note Holder is required to disclose;and
<br /> � „. (iv) the addra�of the assoclation you could rnmact re�rdinQ nny qualions about the adJustment notia.
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<br /> *:$+ . • .' , B. CHARGES;LIBNS -
<br /> � ,. `, •� ~ Unitorm Covenant 4 uf the Secudry Instrument is amended�o read as follows: _
<br /> � ' I, Ci�e�a;Ikr.Borrower shall pay all toxa,uussments,and other chorQes.Ona.and impositions attributablc to�hc Propttty which may
<br />.�'•� sttain a priority over Ihis Security Instrument,and leasehold payments of around rrnts,if any,in�he manner provided under pua�rapA 2 hereof �
<br /> � �. .. ' ,. or,if not p�id In such manner,by Borrower making payment,when due,directly a thc payee thercof.Borrower shall prompUy furnbh Lrnder =
<br /> _ " dl notioa of amounts due under this para�nph,and in the event Bonower shall make payment directly,Borcower shall promptly furnish to =.
<br />'.._p,l 'n ' L.ender raripts evidencing such payments. Borrower shall prompQY discharge eny lien which hu priority over this Security Instrument; �
<br /> � ; ' however,Borrower shall not be required to discharge any such lien so lon�as Borrower.(a)shall agra in writina to the p�yrnmc of the ?
<br />• obliaatiun secured by such lien in�he manner acceptabte to lender,lbl shall in good faith contes�such lien by,or deknd against enforeemmt of �
<br /> such Ilen in,legal proceedinys which in the opfniun of Lender operate to prevent the enforcement oi�he lien or forfei�urt ot the Roperty or any
<br />,rr ' ' p�n thereof; or(c)shall securc from the holder of such lien an aareement in a form satisfactory to Lender subordinatin�such lim to this
<br />_ �t, .. Secudty lnstrumrnt. ;
<br /> - •� If Lender determines that all or any part of the Property i+.ub)cet to u licn which may attain u priori�y over this 5ecunty Instrumen�,
<br />-~=1 Lender sh�ll Qlve Borrower a no�ice idenufying wch hen. Borruwer,hall ca�isfy su�h licn or�ake one or morc of the uctions ut torth above
<br /> i.
<br /> _ . ,. " witnln ten days or tee��vmQ ot me nonce.
<br /> � c. Nonce
<br /> e • Uniform Covenant 14 of the Setunty Instrument ic amended�a read as follows:
<br /> . 11. Notice.�xcept fut any nuha rrywrtJ under appli.able law ta be gi�cn in anothcr manner,lal an��nuure w Borrower pro�ided for in thn
<br /> � Setunry Inurument tihall he grve�i by delncring a or by maihng n by firs�dass mail ro Burmrer a�the Propert�Addreu or at+uch other addre+ti
<br /> " � as Borrower may dnipnate by nouce to LenJer�.pra�id.ti1 herem,ond Ib►any nou�e to 1 ender chall he R��en h� hnt cla.+rnal �u LenJer'�
<br /> „ addre��titalnl herem ar tu+urh other addre,s a�l enJrr may Je�ignate by r���iice w Borrower a.pro�iJrJ her�m.,1m n��u.r p�u��dcJ 1ur�n�hi,
<br /> • � �•�k Secuntv InNrument�hall hc dcemcd���ha�e heen g��en�o Horruwer ur Lender w hen g��en�n ihe munner dr���naird hcrcin.
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