We consider a model of a unstable state defined by the truncated Breit-Wigner energy density distribution function. An analytical form of the survival amplitude $a(t)$ of the state considered is found. Our attention is focused on the late time properties of $a(t)$ and on effects generated by the non--exponential behavior of this amplitude in the late time region: In 1957 Khalfin proved that this amplitude tends to zero as $t$ goes to the infinity more slowly than any exponential function of $t$. This effect can be described using a time-dependent decay rate $gamma(t)$ and then the Khalfin result means that this $gamma(t)$ is not a constant but at late times it tends to zero as $t$ goes to the infinity. It appears that the energy $E(t)$ of the unstable state behaves similarly: It tends to the minimal energy $E_{min}$ of the system as $t to infty$. Within the model considered we find two first leading time dependent elements of late time asymptotic expansions of $E(t)$ and $gamma (t)$. We discuss also possible implications of such a late time asymptotic properties of $E(t)$ and $gamma (t)$ and cases where these properties may manifest themselves.