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202204022 <br />FIXED/ADJUSTABLE RATE RIDER <br />(30 -day Average SOFR Index (As Published by the Federal Reserve Bank of New York) -Rate Caps) <br />STUELPNAGEL <br />Loan #: 00010036580 <br />Serv. #: 0071628341 <br />MIN: 100115600010036587 <br />THIS FIXED/ADJUSTABLE RATE RIDER is made this 31ST day of MAY, 2022, and is <br />incorporated into and will be deemed to amend and supplement the Mortgage, Mortgage Deed, Deed <br />of Trust, or Security Deed (the "Security Instrument") of the same date given by the undersigned (the <br />"Borrower") to secure Borrower's Fixed/Adjustable Rate Note (the "Note") to THE HUNTINGTON <br />NATIONAL BANK (the "Lender") of the same date and covering the property described in the <br />Security Instrument and located at: <br />414 S GUNBARREL RD, GRAND ISLAND, NE 68801 <br />[Property Address] <br />THE NOTE CONTAINS PROVISIONS ALLOWING FOR A CHANGE IN <br />BORROWER'S FIXED INTEREST RATE TO AN ADJUSTABLE INTEREST <br />RATE. THE NOTE LIMITS THE AMOUNT THE BORROWER'S <br />ADJUSTABLE INTEREST RATE CAN CHANGE AT ANY ONE TIME AND <br />THE MINIMUM AND MAXIMUM RATES THE BORROWER MUST PAY. <br />ADDITIONAL COVENANTS. In addition to the representations, warranties, covenants and <br />agreements made in the Security Instrument, Borrower and Lender further covenant and agree as <br />follows: <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />The Note provides for monthly payments of principal and interest ("Monthly Payment") and <br />an initial fixed interest rate of 3 .7 5 0%. The Note also provides for a change in the initial fixed <br />interest rate to an adjustable interest rate, as follows: <br />4. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />(A) Change Dates <br />The initial fixed interest rate I will pay will change to an adjustable interest rate on the first <br />day of JUNE, 2037, and the adjustable interest rate I will pay may change on the first day of the <br />month every 6th month thereafter. Each date on which my adjustable interest rate could change is <br />called a "Change Date." <br />(B) The Index <br />Beginning with the first Change Date, my interest rate will be based on an Index that is <br />calculated and provided to the general public by an administrator (the "Administrator"). The "Index" is <br />a benchmark, known as the 30 -day Average SOFR index. The Index is currently published by the <br />MULTISTATE FIXED/ADJUSTABLE RATE RIDER — 30 -day Average SOFR —Single Family— <br />Fannie Mae / Freddie Mac Uniform Instrument <br />=x 23833.6 Form 3142 04/20 <br />(Page 1 of 5) <br />u <br />i <br />0 0 0 0 <br />HL000100365802383301 <br />Y <br />