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200110965 <br />ADJUSTABLE RATE RIDER <br />THIS ADJUSTABLE RATE RIDER is made this 24th day of October, 2001 , <br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or <br />Security Deed (the "Security Instrument ") of the same date given by the undersigned (the "Borrower ") to <br />secure Borrower's Adjustable Rate Note (the "Note ") to Commercial Federal Mortgage <br />Corp. <br />(the "Lender ") of the same date and covering the Property described in the Security Instrument and located at: <br />620 S BLAINE ST, Grand Island, NE 68803 <br />[Property Address] <br />THIS NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN MY <br />INTEREST RATE AND MY MONTHLY PAYMENT. INCREASES IN THE <br />INTEREST RATE WILL RESULT IN HIGHER PAYMENTS. DECREASES IN <br />THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS. <br />ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the Security <br />Instrument, Borrower and Lender further covenant and agree as follows: <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />The Note provides for an initial interest rate of 7.2 5 0 %. The Note provides for <br />changes in the interest rate and the monthly payments, as follows: <br />4. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />(A) Change Dates <br />The interest rate I will pay may change on the 1st day of November, 2006 <br />and on that day every 12th month thereafter. Each date on which my interest rate could change <br />is called a "Change Date." <br />DOC #:329101 APPL #:0015907909 <br />MULTISTATE ADJUSTABLE RATE RIDER - Single Family <br />LTM31 00M-7 <br />(9 (0009) <br />Page 1 of 5 Initials: <br />VMP MORTGAGE FORMS - (800) <br />LOAN #:0015907909 <br />