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20200626;; Adjustable Rate Rider (1 -Year LIBOR Index - Rate Caps) (Assumable After Initial Period) THIS ADJUSTABLE RATE RIDER is made this 24th day of August, 2020, 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: 1310 MANSFIELD 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 ADJUSTABLE INTEREST RATE CAN CHANGE AT ANY ONE TIME AND THE MINIMUM AND MAXIMUM RATES 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 2.875%. 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 September, 2025, 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 that is calculated and provided to the general public by an administrator (the "Administrator"). The "Index" is a benchmark, known as the one-year U.S. dollar (USD) LIBOR index. The Index is currently published in, or on the website of, The Wall Street Journal. The most recent Index value available as of the date 45 days before each Change Date is called the "Current Index, " provided that if the Current Index is less than zero, then the Current Index will be deemed to be zero for purposes of calculating my interest rate. If the Index is no longer available, it will be replaced in accordance with Section 4(G) below. (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%) (the "Margin ") to the Current Index. The Margin may change if the Index is replaced by the Note Holder in accordance with Section 4(G)(2) below. The Note Holder will then round the result of this addition to the HCFG-00027 1546782920212 MULTISTATE ADJUSTABLE RATE RIDER -1 -Year LIBOR Index (Assumable after Initial Period) Single Family- Form 5131 3/04 (rev. 6/16) Freddie Mac UNIFORM INSTRUMENT VMP® 08/ 6 Wolters Kluwer Financial Services 2020082117.1.0.4574-J20180529Y Page 1 of 4 5 1101