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<br />:°=�-�`�'`�� �a� ',"`�' ADJUSTABLE ItA'a'E RIDER �� 9Z—� �.�'Oi�r''l
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<br /> -_ - - - ;.�:, (•', � ll Yar Trwwry lad�x•Raio Gp�1
<br /> � THIS ADlUi4TAB4H RATB RIDBR I�mad�Ihl� 5TH �yo� AUGUST ,I�Z ,
<br /> uW I�inoorporu�d Into and�MII b dNm�d to un�nd Fnd wppi«oa�t ihe Mortpq,Deed of 7'ruu.or&curltY�(tlN'•SeeudtY I�rym�")of
<br /> U�t wpt a1e�Iven by IM undusl�n�d(IM"Borrow�r")to Ncun Bortown'�AdJuq�bu Itata Note(lh�"Not�")lo
<br /> �Q(�Ae"LMdw��)of W�d�u�nd oov�r4y AM propKtY docHMd la tlr�urkY IaNrwrat�nd laW�d M�
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<br /> 3381 N. WEBB ROAD� GRANO 1'SLAI�, NEBRASKA 88803
<br /> (Property Addras)
<br /> , --------- TbY�op cwW�ProvWo� �lowl� fa cM� Ir �r I�tend e�1e�d iry �WY
<br /> .,�y."_...°"..°"`� Wy�e�q.TMb�ob�o Il�lu IM uoa�l u�y 4tenst n1t cw cY�t tl�oy o�e M�t ad
<br /> 1�`.,"�'s`�!"'"�°`�� �Mou..r.i.rn.M�M.nd.�ra.�.au�p.y.
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<br /> '1a�fdCii�.�iJa'.'Ld;..:..t�eL�
<br /> �..•.:. ADDITIONAL COVBNANTS.In�ddldon to cUe covenonu Md�amenls m�de la tha Secudty �mtruaknb�ov►'a wd l.endtr
<br /> �..�..,;.-.,.,.
<br /> --�.:•-�ti,t.. ,'"y funher eovmwx�nd��ae u follows:
<br /> —�+*�`::A�;[�►Y
<br /> --__` A, IN7FitF8T RATE AND MONTHLY PAYMENT CHANGEB
<br /> ��+�,�r�•:^�eCr-'t�
<br /> f�:'•_ ,
<br /> i. 'Ilie Nato Provida for�n inititl interat rate of 5.75 �IY.SecNan�ot tl�e Note provida for chu�a in tla interat wte�nd
<br /> � T. . _ owathlY pYmenu.a�fdlowr.
<br /> ,..,. • �„ ���;u
<br /> � . �,..;.�;. 1. lNTEREST RATE AND MONTNL Y PAYMENT CHANQBS
<br />-:.��.=��'_�._`ti== IA1 CMwt�D�tN _
<br /> -- - Y Theb►terat r�te i will p�y m�y chuiQe on the 8nt d�y ot SEPTEIYIBER , 19 �3 ,and on ttuU day every .
<br /> . `. °" '�'``{ �2 momlu tlKrcaher.Fach dwte on which my intarat nte could ciut�e b called a"Chan�e Dale.••
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<br /> � •,.yr.i..�� (4) Tbf I�de�
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<br /> �� � � , : F Be�innin�with tha flnt Ch�n�e D�[e.my inte�at�We wfq ba b�sed on an Indac.The"Index"i�the weekly ovaaae yield oo United Stata _
<br /> ,�E� , � , Trewury securitiea ad)wted to a rnnshnt maturity of 1 ywr,ws mode�vailable by the Fedmd Raerve Boud.Tha mo�t raxnt Index ti�ure _
<br /> --— •. �,� �vdlable a of ihe date 4S d�n befcre each ChanQe Date li calkd the"Current Index.•' �.
<br /> .� . �' � ° If the Index i�no lonaer availabk,the Note Holder wiq choose a new indat wpkh i�based upon comparoble iaformrUon.The Notc -
<br /> ,�„y��;,,;,�f;,s� Holdet wIU Qlve me notice otthis cholce.
<br /> �-__ -. -, T.�:.i (C) CnkvUdo�ot CY�qa
<br /> �=� ' � 4 � Befae each ChmQe D�te.the Note Hdder wlll cakWwte my new interat rate by�ddina T��� aNg ONE-HALF perantage
<br /> v=� , � points(�-S �7i)to thc Current Index and roundina to thc nearat 1/8th ot I�li,wbjat to the limits�tated in Section 4(D)below.
<br /> �� . 7'hi:rounded amount wfll be my new interest rate undl theneat ChanQe Date. _
<br /> �'�� �` � T he No te H o l der w i l l t h e n d e t e r m(n e t h e a mo unt of the monthl poy n full the princi I am r
<br /> �� �_ y pa yment thvt would be sufflcient to re i P�
<br /> acpected to owe on that Chan4e Date in:ubstantlolly eqWl paymenb by the maturity d�te at my new intaest rote.The�ault of this cwiwlation `
<br /> "a . wiU be the new amount of my monihly payment.
<br /> °-,��.,. � (D) LlodlsontateratRakCluaQa
<br /> � "" The intaat rate I am required to pay at �he first Change Date wfll na bc preater than �•75 � or leu than _
<br /> , � , ;-�S hi.Thereafter,my interest rau will never be Incrwsed or decreased on ony sin�le Chan�e Date by morc thpn n� �
<br /> -- ._� � „� �.2.D�_from the rateoP interat I hevc been payim for ihe preceding twelve months.The minimum inurat mte oa tBis loan wlll never be -
<br /> o • lat than;-7� %ond the maximum interat mte wlll never be areater than 'I 0.75 �.
<br /> ' (E) Eftecdve Date otChu�a
<br /> My new intereat rate wlll beoome eifative on each Chanye Dale.1 w{II pay Ihe amount ot my new monthly payment beginning on the flrat
<br /> � ':` monlldy poyment dwte after the Chan�e Date untll the amount of my manthly peyment chanaa a�in.
<br />;z-,� . • .. (F� Notke of Ciuia�a
<br /> � .: ' . The Note Holder will mail a deliver to me a notice 6efore esch Chanae Data The notice will�dvise me of: _
<br /> ti� �_ • (f) the new interest rate on my loan aa oi cheChange Date;
<br /> _ � ��,,, ° (ii) the amount of my monthly payment foUowin4 the Change Date;
<br /> (ii+l any additional mottera which the Note Holder is required to dlaclose;and _
<br /> '"{ . (iv) theaddressoftheassociatfonyoucouldmnuctreaudin4onyqudtionseboutcMeadjustmentnotke. _
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<br /> �,� ' B. CHARGESi UENS
<br />` r`� „ , ° UniPorcn Covenant 4 of ihe Saurity Instrument Is amendcd to read u follows: _
<br /> ' -5 � � 1, CA�r�ai LkMS,Borrowet shall pay oll twces,assessmmts,ond other chorges,fines,�nd impoaftions attributoble to the Propeny whkh may
<br /> . � . � �tlain n pdority over this Security Instrument,and leaschdd payments of Qround rents,if any,In the manner provided under para�raph 2 hereof -
<br /> or,ii not pnid In such manner,by Borrower makfng payment,when due,directly to the paya thereof.Botrower sh�ll prornptly Nrnlah Lender `
<br /> ,� all notirn of amounts due under this para�raph,and in�he event Borrower shall mnke payment directly,Borrower sholl promptly furnish to i
<br /> , r.:
<br /> • •• Lender receipts evidencing such payments. Bo�rower sholl prompliy discharge anv Iien which has priori�y over thfs Security Instrument;
<br /> � � however,Borrower sliall not bc requfrcd to discharge�ny such Ilen �u long as Borrower:(a) shall agrce in wriNng to the payment of the
<br /> • obligatfonsecured by such Ikn in�he monner acttp�oble�o Lender;lb)shall in good fai�h comest such lien by,or detend against enforcement of ;
<br /> �� such Ikn In,legal proceedin{s whkh in the opinion of Lcnder opera�c to prevent the cnforcement of the Ifen or forkllureot the Property or any �
<br /> •,�. . part Ihermf;or(c)shall saure from Ihe holdcr of such lien on agreemenl In a form satistactory to Lender subordinating such Iien to thls �
<br /> �� _ _ __ Securllylnstrument.
<br /> G�� IP Lender determines Ihot all or any part of the Propeny is subjcc�w a lien whirh may attain a priority over this Stturity Instrument, ' '
<br /> • LenJer siwll give$orrower a notice identi(ying such lien.l3orrower shall sa�isfy tiuch Ifen or take one or more of thc ac�lons set forth ubove
<br /> , , within ten days of the givinQ of the nodce.
<br /> C. NOTICE
<br /> � Uni(orm Covenant 14 of the 5ecurfty Instrument f�amendn.l�u rcad as foUi�a+:
<br /> � . 1�. Nolke.Ezeept for any notice reyuired under npplfcoble law to be given in ano�her manncr,la)uny nutf�e tu Borrower provided fur in this
<br /> Security Instrument shull beglvrn by delf�erfng 11 or by mailing it bi tir�t clnss mail�o Nurrower nt the Property Addretis or a�tiuch uthcr address
<br /> as Horrower may desigeate by noHce lo I.endcr n�provided herein,and Ibl any notice to Lmder,hell be gi�en by first class mail tu Lender's
<br /> ,.��-,. a�'dress siued herein or to such other address ns Lender moy designatc by r.otice w Borrow�rr as pruvidrJ hercin.Any no�irc pro�ided fur in this
<br /> ' Securlty Instrumem shall be deemeJ to huve been gicen to BorroN er or Lender when gi�en in�he manner designated herein.
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