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200403225 <br />ADJUSTABLE RATE RIDER <br />(1 Year Treasury Index - Rate Caps) <br />Loan #: 0027108661 <br />THIS ADJUSTABLE RATE RIDER is made this 01 st day of April, 2004, and is incorporated into and <br />shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Security Deed (the "Security <br />Instrument ") of the same date given by the undersigned (the "Borrower ") to secure Borrower's Adjustable <br />Rate Note (the "Note ") to Cendant Mortgage Corporation <br />(the "Lender ") of the same date and covering the property described in the Security Instrument and located <br />at: <br />315 PONDEROSA DRIVE, GRAND ISLAND, NE 68802 <br />[Property Address] <br />THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE <br />INTEREST RATE AND THE MONTHLY PAYMENT. THE NOTE LIMITS THE <br />AMOUNT THE BORROWER'S INTEREST RATE CAN CHANGE AT ANY ONE <br />TIME AND THE MAXIMUM RATE THE BORROWER MUST PAY. <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 4.875 %. The Note provides for changes in the interest rate <br />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 first day of May, 2009, and on that day every 12th month <br />thereafter. Each date on which my interest rate could change is called a "Change Date." <br />MULTISTATE ADJUSTABLE RATE RIDER - ARM 5-2 - Single Family - Fannie Mae/Freddie Mac <br />Page 1 of4 Initials: n / <br />D822a (111203).1 <br />