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ADJUSTABLE RATE RIDER THIS ADJUSTABLE RATE RIDER is made this 23rd daY of December , 2004 , and is incorporated into and shall be deemed to amend and supplement the Mortgage or Deed of Trust (the "Security Instrument ") of the same date given by the undersigned (the "Borrower") to secure Borrower's Disclosure Statement, Adjustable Rate Note and Security Agreement (the "Note ") to CITIFINANCIAL, INC. (MD) (the "Lender") of the same date and covering the property described in the Security Instrument located at: 1019 N HANCOCK AVE GRAND ISLAND, NE 68803 (Property Address) THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE INTEREST RATE AND THE MONTHLY PAYMENT. THE NOTE LIMITS THE AMOUNT THE BORROWER'S INTEREST RATE CAN CHANGE AT ANY ONE TIME AND THE MAXIMUM RATE THE BORROWER MUST PAY. Additional Covenants. In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree as follows: INTEREST RATE AND MONTHLY PAYMENT CHANGES: The Note provides for an initial interest rate set forth in the Note. The Note provides for changes in the interest rate and the monthly payments, as follows: The interest rate Borrower will pay may change on the 24 month anniversary of the Date of Note and every 6 months thereafter. Each date on which Borrower's interest rate could change is called a "Change Date." Beginning with the first Change Date and every 6 months thereafter, Borrower's interest rate will be changed to the Index Rate plus a margin as set forth in the Note. The "Index Rate" is the highest prime rate published in the Money Rates column of The Wall Street Journal on the calendar day immediately preceding the Change Date; or, if the index was not published on that day, that rate on the next preceding day on which it was published. ALTERNATE INDEX: If the Index Rate is no longer available, Lender will choose a new Index Rate which it believes will most closely approximate the former Index Rate. LIMITS ON RATE CHANGES: The maximum and minimum interest rates during the life of this loan are set forth in the Note. MONTHLY PAYMENTS: Principal and interest shall bo payable in consecutive monthly installments. If the rate of interest changes, the number of monthly payments will not change. The amount of the monthly payments will change to the monthly amount needed to repay the remaining unpaid principal balance plus interest as changed in the remaining number of payments, assuming that all payments due after the calculation are made are paid as scheduled. The first change, if any, in the monthly payment amount will become effective on the 24 month anniversary date of the first payment due date. Subsequent changes in the monthly payment amount may occur on the payment due date every 6 months thereafter. Each new payment amount will remain in effect until the effective date of the next payment change. DEFAULT: If Borrower fails to pay any payments when due, Lender may exercise any remedies permitted by the Security Instrument in the case of default. By Signing Below, Borrow accepts and agrees to the terms and covenants contained in this Adjustable Rate Rider (Seal) Borrower - Borrower 29998 -1 9/20o Original (Recorder) Copy (Branch) Copy (Customer)