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200303085 <br />ADJUSTABLE RATE RIDER <br />(LIBOR Six -Month Index (AS Irmonhed In Tie Nall Srcect Joumal) - Rate Caps) <br />THIS ADJUSTABLE RATE RIDER is made this 11th day of March, 2003 <br />and is incorporated into and shall be deemed to amend and aipplemenl the Mortgage. Deed of Trust, or <br />Security Deed (the "Security Insrument") of the same date given by the undersigned (Torower') to <br />serum Borrower's Adjustable Rate Note (the "Note') to <br />SIB RORIGAGE CORP., ANEW JERSEY COREORA,=CN <br />("Lender") Of the same date and covering the Import, described in the Security Instrument and <br />located at <br />505 EAST FIRST STREET,GRAbID ISLAND,NE 68801 <br />Ro,ay Add—I <br />THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE <br />NTERESTRATE AND THE MONTHLY PAYMENT. THE NOTE LIMITS THE <br />AMOUNT BORROWER'SINTERESTRATE CAN CHANGEAT ANY ONETIME <br />AND THE MAXIMUM RATE 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 Britoil interest rate of 10.3950 %. The Nate provides for <br />changes In the Interest rate and the monthly paymen¢, as follows. <br />4. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />(A) Change Dares <br />The interest rate I will pay may change on the first day of April 2005 <br />and on that day retry 61:11 month thereafter. Each date on which my interest rate could change <br />is called a 'Change Date,' <br />1000236146 MATER1000216146 <br />MULTISTATE ADJUSTABLE RATE RIDER - LIBORSIX -MONTH INDEX (AS PUBLISHED IN THE WALL STREET <br />JOURNRO Single Famay Fannie Mee Wlbtm Inatnmant <br />1003, a 10006) Form 3 1 1 II III IIIIII IIII IIIIII IIII IIII <br />Page t MORTGAGE MW inate <br />FORMS - (80. <br />VMp MORTGAGE FORMG � IBOD " I <br />