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<br /> ABPL� 001-7Q113017 �-;=�Y
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<br /> � �DJUS'I`!��t��� R.�'�� �ID�R g�� �����
<br /> THIS ADJUSTABLE RATB RIDBR is medc this i9TH �y of FBSRUARY , 199� ,and is
<br /> incorporated into and shaU bo dsemed to umend and supplement the Mongege,Deed of Trust or Security Deed(the"Security .
<br /> ; � Inswment") o1f tha same date given by the undersigned(thc "Boaowcr")to sccure Borrowcr's Adjustable Rats Note(the .,
<br /> ,�Note")t� `�s;.
<br /> �N„�„y , HOME FEDERAL 3AVINOB & LOAN ABSOCIATION OF CiRAND I3I+AND
<br /> ,.., .aHk �. _
<br /> (the"L.ender")of thc same date and covering tho property described in the SecurIry Instrument and located aG =
<br /> 2703 8 9TOLLBY YARIf ROAD
<br /> CiRAND ISLAND, IJ�BRASKA 6H801 aY:��
<br /> I�P�nY Addroi�J ��--
<br /> �-,�
<br /> t�" T�S NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN MY INTEREST RATE AND MY =-
<br /> MONTHLY PAYMENT. INCREASES IN T�iE IIVTEREST RATE WILL R�SUl.T IN HIGHEIt PAYM�NTS. _
<br /> � DECREASES IN TIiE INTEREST RATE WILL RESULT IN LOWER PAY�VIENTS. '
<br /> £ ADDITIONAL COVENANT�. In eddidon to the covenants and agreem�nts made in the Security Instrument, _
<br /> � Bocrower and Lender further covenar.t and agree as follows:
<br /> ",,,�, A.INTEEtEST RATE AND MON'I'HLY PAYMENT CHAN(iES —
<br /> j� The Note pravidcs for an initial incerest rate of 7.5 0 0 96.'Il�e Note provides for changes in the
<br /> , interest rate and the monthly payments,es follows:
<br /> • ' 4.INTEREST RATE AND MONTHLY PAYMENT CHANGiES
<br /> _. _._ _. ���rtiAilQeP n�}/A
<br /> • The Interest rate I wUl pay may change on the first day of ��� , 2 0 0 0 ,and on that day
<br /> ' , every 1�TK month thereafter.Each date on which my intetest rate could chenge is called a"Change Date."
<br /> '.y�: ...
<br />;s . (B)The Index
<br /> .
<br /> I;..�r`•"H:;:,' ' Beginn�ng with the first Chaage DaLe,my interest rato will be besed on an Index.Tha"Index"is: �
<br /> °_�.�� THS WEBKLY A�RAdFs YIk3LD ON UNITED STATES TREA9iJRY 9ECURITSS ADJUST�SD TO A
<br /> -- '. '''' CONSTANT MATURITY OF 1 YEAk, AS MADE AVAILABLE BY THE FEDBRAL RESBRVE SOARD.
<br /> ,��- . �
<br />=::��,?:-r�=�y.�
<br />_r�,.�r__� The most recent Index figuta avallabk as of tho date: � 45 days ❑ _
<br /> __��;�.,;�� before each Change Date is called the"Current IndeA"
<br /> -- _�
<br /> -_n;;:���,� —
<br />—j""~"- If tha index is no longer availabk.the Note Holder wfll choose a new index �hat i.s based upon comparable infonnation.
<br /> .,,,,,.,:
<br />`=�. Tho Nota Hald�.t wil!give me norice of this choice.
<br /> - - �_:.� _.
<br /> ' ---- (C)Calsul�tion ot Changes
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<br /> —���� Befor.e each Chango Date,the Note Holda will calculata my naw interest rat�by edding
<br /> -��� Z"rT0 AND THREB QUARTERS pencentago point(s)( 2. 750 96) to the Current Inckx.
<br /> -=��` Tlxs Nata Holdcr will ther�mund the result af thia addition to the 0 Nearest 0 Neut Highess []Next Low+est
<br /> �:;�.��`�fi� � oNS szaxrx ( .iss . ��, -
<br /> - - ..,.��.�, - Sub,ject to tho lunits stated in S�Hon 4(D)bctow,this rounded amount will be rny ncw lnte�est rate undl the ne�t Chenge �_
<br /> � , D3tC. ��
<br /> - 'Thc I�ate Holde�will then determine t�o umount of tho montiily paymcnt t�nat would ba sufC�;ient to repay the unpaid �-
<br /> � princlpal that I am expected to owe at the Change Dat�in full on the maturity date at my now interest rate in substandatly _
<br /> � � ��`, eq�l payments.'I�a result of this calculation wlll bu the new emonnt of my monthly payment -_
<br /> � (D)Limits on Interest Rate Cd�nges �`}`
<br /> • P ase check appropriate bozes;{�'no bex is checked,the�e wlll be no�nsum ltrnft on changes.)
<br /> � � _�r� (1)'Iliere will be no maximum limit on interest ratu changes.
<br /> �. , .tuyp� , � (2)'lt�o intuest rate I am required to pay at the fust Change Daus will not bo greateac than 9.5 0 o yo
<br /> - _ _ ,_- -� ,..��we.. S.snn a, _.,.
<br /> '''t;� v.�(3)My intcicst ratc will never be incceased or decreased on eny single Change Dat+e by more then ��,
<br /> „ �fPO PERCENT perccntaga point(s) ( 2.000 y'o) from lhc
<br />-� rnta a�i.�ntr,rest I havo tx�en paying for the prcxeding period.
<br /> ' �1(4)My{nterest rate will never be grcater than 12.5 0 o Sb,which is called the"Maximum Ratc."
<br /> ` THfi "MINIMUM RATE" WILL NEVBR 88 LE&8 THAN 5.50 Ot.
<br /> •• IIAULTIBTATE ADJUBTABLE RATC RIDHR•3fnplo Famtly Elp4
<br /> P�p�1 012
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