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<br /> 321-1857989-729 ,�,..
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<br /> � ADJUSTABILE I�TE RIDER ,� .. .u , =-
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<br /> 1'HIS ADJUSTABLE RATE RIDER is made this 28th day of �larch 1997 , . ''�' `
<br /> and is inco orated into and sha11 be deemed co amend and su lement the Mort a e, Deed�of Trus[ or ��"-
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<br /> .}.._. .��
<br /> Sec.urity Deed ("Ser.urity Insuument") of[he same date given by the undersigned ('Borrower") to secure � . . - �..
<br /> Borrower's Note("Note°)co Ma3or Mortgage, A Wyoming Corporation � `� ��
<br /> � • � : •���-��
<br /> • . _ �„`
<br /> (the"Lender')of the same date and vovering the property described in the Securiry Instrument and located at: - ���_
<br /> ..,� ' ' �I�}•.
<br /> 1316 W. Oivision,Grand Island,NE 68801 ""'''_'��. a�:::�� `::
<br /> [�rovens aaa�essl
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<br /> THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHAfl1GES IN TNE .��lF:.' -t� :
<br /> INTEREST RATE AND TNE MONTO�LY PAYMENT. THE iUOTE UMITS THE � ��
<br /> AMOUNT THE BORROWER'S INTEREST RATE CAN CHANGE AT At{IY ONE TIME 3` � .
<br /> AND TFIE MAXIMUM RATE THE BORROWER MUST PAY. ��'�� 1'!�•
<br /> �r����;
<br /> .r�' at
<br />� ADDITTONAL COVENANTS. In addi[ion to the covenants and agreements made en the Security - ����:� '
<br /> Insuument,Borrower and L.ender fiuther covenant and agree as follows: :_t�- �`i�� '
<br /> ��:_
<br /> II�TEREST ItA'I'�AND MONT�II.Y PAYMENT CHANGES ` �,s��.
<br /> (A)C6ange Date • _ - r . .;. --
<br /> Tke interest rate may cbange on the fust day of Jul y 1998 ,and on that day . `'' ��
<br /> of each succeeding year."Change Date"means each date on wluch the interest rate could change. ��`°
<br /> �. .�.�as�aP��+-
<br /> (B)The Index _
<br /> Beglnaing with the first Change Date, the interest rate will be based on an Indea. "Index" means the - " —_
<br /> weekly average yield on United States Tmasury Secvrities adjusted to a coastaut maturity of one year,as made ���"-�- �- _
<br /> � available by t�e Federal Reserve Board. "C�rrent Index"means the most m.cent Indes figure available 30 days '_„���
<br /> , before the Change Date.If the Index(as defined above)is no longer available, Lender will use as a new lndex
<br /> any index prescribed by the Secretary. As used in this Rider, "Secretary means the Secretary of Housing and -:
<br /> Urban Development or his or her designee.'L.ender will give Borrower notice of the new Index. �=�►•��°"
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<br /> 67L1 Multictate AItM Itider-10/95 '' •.
<br /> �591�sson rawovee.o� �I pp nJ, Im�I' . , . :. : '
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