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gg �i1101 ADJUSTABLE RATE RIDER 3/1 YEAR ARM 0005117920 (One Year Treasury Index-Rate Caps) THIS ADJUSTABLE RATE RIDER is made this ��th,day of,NOVEMBER,.1999,,,,,,,,,,,,,, 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 "Bonower� to secure Bonower's Ad]'ustable Rate Note (the "Note� to NORWEST MORTGAGE,.INC;,DBA,DIRECTORS ACCEPTANCE (the ...................... ................................................................. "I.ender'� of the sazne date and covering the property described in the Security Instrument and located at: 2508 APACHE RD GRAND ISLAND,NE„6880,1..............................................................................•••.............. ........t................. (Property Address) THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE INTEREST RATE AND THE MONTHLY PAYMENT. THE NOTE LIMITS Tf� AMOUNT THE BORROWER'S IN1'EREST RATE CAN CHANGE AT ANY ONE TIlVIE AND THE MAXIMUM RATE THE BORROWER MUST PAY. ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the Security Instnunent, Bonower and Lender further covenant and agree as follows: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Note provides for an uutial interest ra.te of ..9;250,,,, o�o, 'I'he Note provides for changes in the interest rate and the monthly payments, as follows: 4. INTEREST RATE AND MONTHLY PAYMENT CHANGES (A) Change Dates T'he interest rate I will pay may change on the first day of DECEMBER,,2002,,,.. and on that day every 12th month thereafter. Each date on which my interest rate could change is called a "Change Date.' (B) Thelndex Beginning with the first Change Date, my interest rate will be based on an Index. The "Index' is the weekly average yield on United States Treasury securities adjusted to a constant maturity of 1 year, as made available by the Federal Reserve Board. 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 compazable information. The Note Holder will give me notice of this choice. RIDER-ARM31 ECO21 L Rev. 02/20/96 (page 1 of 3 pages)