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200300480 <br />ADJUSTABLE RATE RIDER <br />THIS ADJUSTABLE RATE RIDER is made this 7th day of January, 2003 , <br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or <br />Security Deed (the "Security Instrument ") of the same date given by the undersigned (the "Borrower ") to <br />secure Borrower's Adjustable Rate Note (the "Note ") to commercial Federal Sank <br />(the "Lender ") of the same date and covering the Property described in the Security Instrument and located <br />at <br />3132 WESTSIDE ST <br />Grand Island, NE 68803 <br />[Property Address] <br />THIS NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN MY <br />INTEREST RATE AND MY MONTHLY PAYMENT. INCREASES IN THE <br />INTEREST RATE WILL RESULT IN HIGHER PAYMENTS. DECREASES IN THE <br />INTEREST RATE WILL RESULT IN LOWER PAYMENTS. <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 7. 125 %. 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 1 will pay may change on the 1st day of February, 2008 , <br />and on that day every 12th month thereafter. Each date on which my interest rate could change <br />is called a "Change Date." <br />17321075 17321075 <br />MULTISTATE ADJUSTABLE RATE RIDER - Single Family <br />C)499R(0009) 110 <br />Page 1 of 5 Initials: r� <br />VIA P M ORTGAGE FORMS - (800)521 -7291 <br />