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200407365 <br />ADJUSTABLE RATE RIDER <br />(LIBOR Index- Rate Caps) <br />Loan Number: 2004- 0 7 -12 - 00401 <br />THIS ADJUSTABLE RATE RIDER is made the 19th day of July, 2004 , and <br />is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed <br />to Secure Debt (the "Security Instrument ") of the same date given by the undersigned (the "Borrower ") to <br />secure Borrower's Note to MI LA, Inc. , DBA Mortgage Investment Lending Associates, Inc. , <br />A Washington Corporation <br />(the "Lender ") of the same date and covering the property described in the Security Instrument and located <br />at: <br />1212 EAST STREET <br />WOOD RIVER, NE 68883 <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 10.800 %. The Note provides for changes in the <br />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 first day of August, 2006 and on that <br />day every sixth month thereafter. Each date on which my interest rate could change is called a "Change <br />Date. " <br />MILA MODIFIED <br />MULTISTATE ADJUSTABLE RATE RIDER (LIBOR Index) - Single Family - Freddie Mac UNIFORM INSTRUMENT <br />Form 3192 1 /01 n <br />Page 1 of 4 Initials: 7 <br />DDS -77M <br />