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la . VA V to nrsi rrni GOV Adjustable Rate Rider (1 -Year LIBOR Index - Rate Caps) (Assumable After Initial Period) THIS ADJUSTABLE RATE RIDER is made this 13th day of July, 2016, and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Security Deed (the "Security Instrument ") of the same date given by the undersigned (the "Borrower") to secure the Borrower's Adjustable Rate Note (the "Note ") to Wells Fargo Bank, N.A. (the "Lender ") of the same date and covering the property described in the Security Instrument and located at: 1716 Meadow RD, GRAND ISLAND, NE 68803 [Property Address] THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE INTEREST RATE AND THE MONTHLY PAYMENT. THE NOTE LIMITS THE AMOUNT THE BORROWER'S INTEREST RATE CAN CHANGE AT ANY ONE TIME AND THE MAXIMUM RATE THE BORROWER MUST PAY. Additional Covenants. In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree as follows: A. Interest Rate and Monthly Payment Changes. The Note provides for an initial interest rate of 2.625 %. The Note provides for changes in the interest rate and the monthly payments as follows: 4. Interest Rate and Monthly Payment Changes. (A) Change Dates. The interest rate I will pay may change on the first day of August, 2021, and may change on that day every 12th month thereafter. Each date on which my interest rate could change is called a "Change Date ". (B) The Index. Beginning with the first Change Date, my interest rate will be based on an Index. The `Index" is the one -year London Interbank Offered Rate ("LIBOR') which is the average of interbank offered rates for one -year U.S. dollar- denominated deposits in the London market, as published in The Wall Street Journal. The most recent Index figure available as of the date 45 days before each Change Date is called the "Current Index ". If the Index is no longer available, the Note Holder will choose a new index which is based upon comparable information. The Note Holder will give me notice of this choice. (C) Calculation of Changes. Before each Change Date, the Note Holder will calculate my new interest rate by adding two and one - quarter percentage point(s) (2.250 %) to the Current Index. The Note Holder will then round the result of this addition to the nearest one - eighth of one percentage point (0.125 %). Subject to the limits stated in Section 4(D) below, this rounded amount will be my new interest rate until the next Change Date. HCFG-00027 MULTISTATE ADJUSTABLE RATE RIDER - - Year LIBOR Index (Assumable after Initial Period) Single Family - Freddie Mac UNIFORM INSTRUMENT VMP® Wolters Kluwer Financial Services 2016070715.3.2.3509J20160120Y 1 11 1 201 604481 11 Form 5131 3/04 11 1 05/13 Page 1 of 4 I