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<br /> APPGN 001-71]13019 �-,,
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<br /> - ' ADJUSTABLE RATE RIDER: 98_ 1�1d'7'7'7
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<br /> � � THIS ADJUSTABLE RATE RIDER is madc this 30TH dny ot J1��Y , 199e ,nnd is _
<br /> '� � inco ratcd into and shall bc dccmed to amcnd nnd supplcment tho Mortgoge.Dced of Trust or Securiry Accd(thc"SccuritY N
<br /> .. � �
<br /> •;,,�,� � Insuumcnt'} of the snmc dnte givice�by thc undersigned (thc"Horrowcr")to securc Borrowcr's hdjustable Rutc Natc(thc �:.
<br /> .: `� ' "Notc")w —
<br /> � HOME FEDERAL 3AVINC3S & LOAN l►BSOCZATION OF aRAND I3LAND �
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<br /> �� � (the"Lender")of the same date and covering tt�e property described in the Sccuriry Instnemcnt and located aG
<br /> .i�� 4716 TARA COURT
<br /> OgANA I3LAND, NEBRASKA 6880� _
<br /> . r �Ptoperty Addrettj
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<br /> �4.
<br /> j THIS NOTE CONTAINS PROV�SIONS ALLOWING FOR CHANCES IN MY INTEREST RATE AND MY
<br /> � MONTHLY PAYMENT. INCREASES IN THE IIVTF.REST RATE WILL RESULT IN �GHER PAXMENTS.
<br /> DECREAS�S IN TH�INTEREST RATE WIL�.RESUI.T IN LOWER PAYMENTS.
<br /> 1 ADDITIONAL COVENANTS. In addidnn to the covenants and agrcements made in ihe Securlty Instrument,
<br /> . . � Borrower and I.endes further covcnent and agrec as follows:
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<br /> A.INTEREST RATE AND MONTHLY PAYMENT CHANGES
<br /> The Note provides far an initi�al interest ratc of �.500 �lo,The Note pmvides for changes in the
<br /> intcrest raus and the monthly�aymenu,as follows:
<br /> � . 4.INTEREST RATE AND MONTHLY PAYMENT CHANGES
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<br /> (A)Change Dates
<br /> Thc intcrest ratc I will pay may changc on thc fast day of FEBRUARY , 2 0 o i ,end on that day
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<br /> overy 12TH month thereafter.Each clate on which my interest rate could change�s called a"Change Date."
<br /> (B)The Index
<br /> , gcginning wjth the first Change Date,my interest rate will be based an an Index.The"Index"is:
<br /> � THE WEEKLY AVERA(3E YIELD ON UNITED SxATES TRBASURY SEGURIT�S ADJUSTED TO A
<br /> ' ' � CON3TANT MATURITY OF 1 YEAR, A& MAD� AVAILABLE BY TH� FEDERAL RESERVE BOARD.
<br /> s.
<br />?r' ` ' The most recent Indea figure available as of the date: 0 45 days ❑
<br /> w,.,r��� ` before each Change Date is caUed the"Cutrent Indcx."
<br /> .• If the Index Ls no longer available.the Note Holder wiU choose a new index that is based upon comparable information.
<br /> - Thc Note Holder will give mc notiee of this choicc.
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<br /> . � • � (C)CelcutaNun of Ct�anges =
<br /> ��—�:�—'� �R" Before cach Change Datc,the ivotC riuiuc� wiii c,aicuiai���q��Gw i:�temstrate by adding
<br /> i TWO AND THREE QUARTERS petcentegC point(S) ( Z•�50 9'0) to the Current Index.
<br /> � �' The Notc Holdcr will thcn round thc result of this addidon to the �Ncarest � Ncxt Highcst []Ncxt Lowest
<br /> ' .ias 96).
<br /> ". ONB EIOHTN �
<br /> . Subject to the limits statcd in Section 4(D) bclow,this rounded amount will bc my new intcrest rate until the ncxt Change
<br /> ? Date.
<br /> � 'Il�c Note Holdcr will then determinc the amount of thc monthly payment that would be sutficicnt to repay the unpaid
<br /> � principal that I am expectecl w owc at thc Change Date in fuU on the maturity date at my new interest rate in subctentially
<br /> equal payments.The result of this calculatian will be the new amount of my rnonthly paymenG
<br /> . (D)Limtts on Interest Rate Changes
<br /> �Pfease check appropriate boxes;if no box is checked,there will be no maxim�un lemit on chnnges.)
<br /> ](1)Thcre will bc no maximum limit on interest ratc changcs. _
<br /> xx (2)1'hc intcrest rnte I am mquired to pay at the C�rst Change Date will nal be grcatcr than 9.5 0 0 %
<br /> � or less than 5.500 %. _
<br /> ._ f.—I . _�_: ....a..�.1..............i.. nln C`hnnan 1'latr hv mnr�than
<br /> : :.-.- - _� l"J WJ Id►y ina:nai ruiG wiii u6'rC:.w,�w�w�.........,....,..,.......".:.^.�:?.^.o__._..a---°-+ �
<br /> TWO PERCENT percentagc paint(s) ( 2.000 °lo) from thc
<br /> � ratc of intcrost I havc bcen paying for thc prcceding period.
<br /> xx (4)My intcrest rutc will ncvcr bc grcatcr than 12.s o o °o,which is callcd thc"Miucimum Rate."
<br /> THE "MINIMUM RATE" WILL NEVER BE LESS TIiAN 5.500ic.
<br /> � I MULTISTATE ADJUSTABLE RATH RIDER-Singlo Family 8�84
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<br /> (�o•B99A�eaost Y�f�Mn�iAAOE FORA15•(80016 2 1-1P9t �^����1e: �
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