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200412049 <br />ADJUSTABLE RATE RIDER <br />(1 Year Treasury Index - Rate Caps) <br />THIS ADJUSTABLE RATE RIDER is made this 15th day of December, 2004 , <br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, <br />Deed of Trust, or Security Deed (the "Security Instrument ") of the same date given by the undersigned (the <br />"Borrower ") to secure Borrower's Adjustable Rate Note (the "Note ") to EQUITABLE FEDERAL <br />SAVINGS BANK OF GRAND ISLAND <br />(the "Lender ") of the same date and covering the property described in the Security Instrument and <br />located at: <br />1612 N EDDY ST <br />GRAND ISLAND, NE 68801 -3543 <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 6.250 %. 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 first day of January 2015 <br />and on that day every 12th month thereafter. Each date on which my interest rate could change is called a <br />"Change Date. " <br />229781 <br />MULTISTATE ADJUSTABLE RATE RIDER - ARM 5 -2 - Single Family- Fannie Mae/Freddie Mac <br />UNIFORM INSTRUMENT <br />Fannie Mae 4. 215.216.2 ARM <br />dM -622R (0008) Form 31 1 1101 <br />Page 1 of 4 Initials: <br />VMP MORTGAGE FORMS - (800)5 1 -7291 <br />. p a <br />