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200409377 <br />ADJUSTABLE RATE RIDER <br />(1 Year Treasury Index - Rate Caps) <br />THIS ADJUSTABLE RATE RIDER is made this 14th day of September, 2004 <br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed <br />of Trust, or Security Deed (the "Security Instrument ") of the same date given by the <br />undersigned (the "Borrower ") to secure Borrower's Adjustable Rate Note (the "Note") to <br />MORTGAGE INVESTORS CORPORATION <br />(the "Lender ") of the same date and covering the property described in the Security <br />Instrument and located at: <br />821 West Charles Street, Grand Island, NE 68801 <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 <br />Security 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 5.000 %. The Note <br />provides for 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 first day of 01/01/2008 , <br />and on that day every 12th month thereafter. Each date on which my interest rate could <br />change is called a "Change Date." <br />486557 <br />MULTISTATE ADJUSTABLE RATE RIDER - Single Family- Veterans Affairs <br />-5450 (0309).01 �21,I {Q� <br />Page i <br />1 of 3 Initials: <br />VMP Mortgage Solutions <br />(800)521 -7291 <br />