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. �- -� :•:�r . _ ., , . , � ; , .,;._.......�.:..,,--- 1""� , . x � � _ _. . n,.}/n��wwwn �..rw.a�.. :•1 �YLW�JY.�..�.itf.f...d �.lh'r�h.: -.7h1Y'A[Ta�LFYC M.h. . ••• •..1�l .1:.• ._ . –_" _�' ___ .��. .... ... .. WY�L:.�l� •'..� a - — .. �y�..r.. ..r�� . .-� ea+✓t.r� _ ' — N01"WJ�4�'�.� -.�_ • ..– .. __– —__' I r – �w�N��.1M� r. ADJUSTA►�L,� RATE RIUEI� - _ (1 Yenr 7'reusury index-Ratc Cep9) 2�Q27823 _ _ 19�sIS AUJUS'►'AHL.E RA7E RIll�R is madc this �3TH� day c�f O@C��1BER � ,n�xl is incorpornted into and shi�ll be deemcd to an�end a�id supplement the MortgAge,Deal of Trust or Securily uced(the "Secucity Instrua�ent")of tl�c smne dnte given by the undersigned(the"Borrower")to s ur tl� r w Ad u table Rute Not (thc "Note")ta �he�Epu�tib`�a`�u�f��ng �n� tain Associet�on ot �r�nd Isl��d, N�brisk�, A Federai Savi�qs B�nk (the"f.ender")of the same date and covering the property described in thc Security Instrument nnd lacnted at: 808-610 W 13TH ST GRANO ISLAND, NEBRASKA 88801 (Prv�:.ty Address� • THE 9'+lOTE CONTA.INS pRQ'Yi$A��1S A41.OiNIN� FAR CHANG�S 1111 T1�E l3UTEREST R6�TE AND THE MONTH�.'Y PAYMEN�'. THE NOTE LIMI'iS TH� AM�411NT TtlE BORROIMER'S INTEHES'f RATE CAN CHAN(3E f�iT ANY ONE YIME IsND THE MAXIMUM RA�Ti�IH BORROWER MUuT P�►Y. �DDITIONAL COVENANTS.In addidon to the cavenants nnd egreements m:��nnttn�Security Insuument, Borcawer and L.cnder fu►ther�ovenant und agrce as follows: A.iNTEl�:�T RATE AND MONTI�LY PAYMEh°I'CHANGE� The Note provides for nn initial interest rnte of 7-375 �'a.The NotepYOti�a�les for changes in the inter�st r»te and the monthly payments,as follaws: 4.INTEItEST RATE AND MONTHLY PAYMENT C�lANGES (A)Changc Ihites Thc interest rnte I will pay muy change on the first day of JANUARY , 19 98 .an�si on that day evezy 12th monch thcreafLcr,Euch�iute on which my interest mte muld change is called a'Change Date." (B)Ti�e Index Reginning with the Grst Change Date,nry inter..,t r�te will be basGd on a.7!tndes. 'The "In�'ex' is th�weekly avcragc yield on Unitad States Treasur3 stcurides adjusted to a consvutt mawrity af l year,as made available by tAe Federal'Reserve Board.'1'he most�ecent Index figure aveilable as of the date 45 days beforc each Change Date iscalled thc"Current Indez." If the LKiex is no longer avuilabte, the Note Holder will choose a new in�ex wfiich 19 based upon wmparable .infom�atlon.The Note Holder will give me nodce of this choice. •. (C)Cr.4culallon of Clwnges �re��n��te, the Note r7older will calculato my ne►v intqrest rate by udding , percer.tage point(s>( •z•5� l)to tha Gurrent Index. Tht Note Holder will then round t2ie result of this edditian to the neazESt one-elgluh csf one percentage point(0.12596).Subject to the limits swted in Section 4(D)below, this rounded amoitnt will b+e my new interest rate until the next Change Date, The Note Holdes will then determine'the amount of the monthly puytnent that would be sufFic3ent to repay the unpaid principal that I azn expected to o�ve at the Chnnge Date in full on the Maturity Dale at my"new lnterest cate in substantiully equal pa}�rnems.'I'he result uf this calculation will be d�e new am�unt of my monthly paymtnt. � (D)L6Tni�ts�on Inter�;t Rate Ctsanbes The intcrest�te�,��required to pay at the first Cliange Date wial not be greater than 9.3 75 96 or less than %.Thereufter.my interest rate will never be fncreased or dxreased on nny single Changc Uate by rn�ore than two percentage points(2.09b)from the ratc of interest I have been paying ��th��e�orde�{Wern�eniwg�1 7 nevert be«I�owe thRri��S.37SAS?5 �. (ED�nt�riive Datc ot Changes My new interest rate will bccome effective on r�ch Change Date. I will pay the arnount of my new monthly payment bcginning on the first monthly payment date after the Change Dttte until ttic amount oF my monthly paymcnt clianges again. • . (F)PTm2ic+�ot Changes The Note Holder will delivcr vr maii to me a noticc of nny changes in my intcresi rnte and thc amount of my monthly payment beforc the effective dute of any change. The notice will include information required by law to _ be given me ��nd also the tide and telephonc number of a person who will answer any question I ntny have _ �garding the notice. MULTlSTATE ADJ6ISTABLE RATE HIDER-ARM 6•2-5ingle Family-Fennle�SAoslFcaddi�Mea Uni(orm Instrura��nt - Form 3711 3188 ' ��ZZA 183061 VMP MOHT6AGE FORMS•IBOOIGI7•7201 � ?rinted on Reeycled Peper -