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200302471 ADJUSTABLE RATE RIDER (LIBOR Index - Rate Caps) THIS ADJUSTABLE_ RATE RIDER is made this 24th day of February 2003 , , and is incorporated into and shall be deemed to amend and supplm Icut the Mortgage, Deed of Trust or Security Deed (the "Security Instnnncut ") of the same date given by the undersigned (the "Borrower ") to secure Borrower's Adjustable Rate Note (die "Note ") to FIRST FRANKLIN FINANCIAL CORPORATION (lire "Lender ") of the same dam and covering the Property described in the Security Insnument and located at 228 HOLCOMB STREET, GRAND ISLAND, Nebraska 68801 IP -,,o, Aado,ol 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 covcuant and agree as follows: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Note provides for an initial interest rate of 7 .000 e. The Note provides for changes in the interest rate and the monthly paynhcnls, as follows: 4. INTEREST RATE AND MONTHLY PAYMENT CHANGES (A) Change Dates The interest late I will pay may change on the first day of March 2005 and on that day every sixth month thereafter. Each date on which illy interest rare could change is called a "Change Date." (R) The Index Beginning with the first Change Date, my interest rate will be basal on an Index. The "Index" is the average of interbank offered rates for six -month U.S. dollar-denominated deposits in the London mace[ ( "LIBOR "), as published in The Wall Street Journal. The most recent Index figure available as of the MULTISTATE ADJUSTABLE RATE RIDER - LIBOR INDEX - 9lnnle Famlly �/rQ/I•- P.a,e I of 3 •V- 6268008(9710) ELECTRONIC LASER FORMS, INC. - (900)32] -0545 Document # L390X ([I/ jryi