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h�=t:3�i-..c��. :�iwa�� . -- - - 7�Riwl�c. . . r.+�+.++.�••' � - _ --- _ . _� . . _' ' , —,_ .-. _�=�ir�- F ee,�—��..�..� _ "an.+�..._ , /l � , .•--Ir �f� _ _._ —_ •!. t�'_L�^..,._=��-ca� ._..,._ �w.�1Pw:�'Y/YMIR. .J�P�rli� __ =�_t'�1��/}�LZ��`.%G_ s1-: P,C'��r"C'2ESlS,W2ltlti:_�,�_._" . �� • � �� ' • � 11�YT�TR'�T A T1p 1� Tl A T1'` l�1YY11'!Y1 H►11J V J 1!''�nLl. Itt'11� iVL�n 20027814 — (1 1'ear Trts�ury Index-Rate Capc) — rti�s �►wusrAQL��wT� k�u�:��m�cn�s 2Zt�D �,y�F r1ovEMBER 1996 .�1 ic iacorporated into wxl shall be cteenrci co nn�end a,xi su�+le,neni ehc Mongage. Dea1 oP Trust or Se�urity Dc�i f ihe"�ctu�ity(nstn►nkni')of¢��sau�.:date given by u'k u�:�i�tiec3(the"Borro�:er"}to secure the Dorcawer'�AdjustatDle Rate Ncuo(the'Note")to ti� �qolt�bl� Iolldiy �ad Lott b�ocl�tio� of 6r�od i�ittd, 1�ltula. 1 I�d�ul S�rly� I�ot (thc"l.eixter')uf'the ranw Jxtc�l wvcrin�the propcny dcsc�ibcxl iti the Security Instnuueut und loc„tod at: 2512 M C�ARLES ORAND TSLAND. NBBRASKA 68803-5655 t�•�cenr��I THE NOT� CONTAINS PROVISIONS AILOWINO FOR CHANOES IN THE INTERE�T RATE AND THE MONT?il.Y PAYME�IT. THE NOTE UMITS THE AMOUNT Ti�E BORROWER'S INTEREST RATE CAN CHANaE AT ANY ONE TIME AND THE �U`7(IMU�I!RATE THE BORROWER MtJST PAY. ADDITIONAL COVENAN'f'5.In addition co the coveniuus and a�rcements m�de in t!u Security Instru�neot, . Borrower aad Lender further covenant a�aYroe ac follows: A.IlVTEREST RATE AND MONTHI.Y PAYMF.IVT CHANGFS The Noto pmvides for an initial intercst rate of S•7 50 '�.The Note provides for changes in the iateresi rote and the wocuhly paymenu.a+follows: 4.INTERFS"f RATE AND MONTdLY PAYMENT CHATiGES (A)Cbsw�c Dates The interat rate I will pay may change on the first day oA�CEMBBR , 1997 .�� ds�y every 12th moath thereafter.Each date on which my interest raie oould change is called a 'Change Date.' (B)Tlx Index Heginning with the Fist Ctwnge Dau. my iruuest rate will be based on an Wdex. The'Index'is tbe v�r.ekly averasc yiald on United States Tneasury sec�rities adjustod w a constant rnaturity of 1 year,as made avaitable by — ------- -sl�F�� ^.^:��zel.T��i r�s. �.�„�s� 'asl»6k s:^f� ....4��s.��urz...��ri+_.��.�tt___...-—-- is cailad the'Cusnnt Indeic." If the Irdex is no longer available,the Nou HoIder will choose a new index which is based upon oompsnble iaform�tioa.'il�e PIae Iiolder will give me notia af tlus choia. (4�Cakvistiva of Ci�eg ' �pfore each Chaage Datc,t6e Nou Holder wiU plculau my new inter�.sttate by adain� P��S�Po��(s)( � l� Si+)to the Clutisat Ind�eu. The Note Holder wil! tlxn muad the rewlt of tLis additioa to tlie nearest ono-aghtL of ooe parrat�ge point(0.125�). Subjed to the liarits atated in Seaion 4(D)below,this rounded unou�t wilt be my new irittsnst pte until the�act Change Date. . 'Ibe Nou Holdu will tbea detemvne the�ma:at of the uantWY PaYmeat thwt aaild be sufficieat w regsy tbe unptid Priacipal tl�at I am e�tpectad to owe at tl�e(�►ge Date in full oa the Maturiry Dau st my new intaest ratt ��+�Y M�PAYmenu.The nsult of this�ion will be tl�uew pmount of my monthIY PaY�• . ` (D)Umits oa Inta�at Rate Ch�o�es Tf�e interest rate I am roquired W pay ai the 8tst Cl�ange Date will rwt be greater than 7.750 % or less tvaa 3.750 9b.Therez`rZer,my interest rate will never be increased or dec:ras�d on aay singlt Ch�age Date by moro t}�aa two percentage points(2.09b)from the�r¢u Q�i�terest I have boan paying for the ptxeding twelve months.My ir►terest rate will never b�Atgater th�,��50X. �� My interest rate �ill never be loMer �aan s . (E)Et[edlve DWe ot C6an�es My new interest rate will bxome effoctive on�ach Ch�nge Dak. I will pay the arno�ust of my new monthly payment beginning on t1x first monthly payment date after tlx ChanYe Dau until tbe aationnt of my montlily �yment ch,anges�,a,ain. (FY Notice o�C6�gcs 71tie Note Holda will deliva or mail to me a mtice of any c]�angue in my interert rate and the aanuat of�y monthly p�ymait before the�ffoctive dau of any clunge.The notia wiU inciude iN'orasation required by law w be giv�n me and also the tide arid telephone uumber of a persoa who will aarwu soy question I may have tegatding the notia. . . 1ii31TISTATE AWiJSTABl�.E RATi E i'ii�"eA•AR�i 6-2-Sinple FamilY-fannir MMJFr�ddi�itae IMiiam Iwtrun�nt Fww�39 71 3l86 �-822A�9ws� vi.w�+oarcu►c�coa�s•tsoo�cs�asa� V r,:xw o��iw+w wv« -.- •.� . � 4.t