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200304870 <br />ADJUSTABLE RATE RIDER <br />(1 Year Treasury Index - Rate Caps) <br />THIS ADJUSTABLE RATE RIDER is made this 16th day of April , 2003 , <br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, <br />Deed of Trust, or Security Deed (the "Security leatrume it ") of the same date given by the undersigned (the <br />"Borrower ") to secure Borrowers Adjustable Rate Note (the "Note ") to EQUITABLE FEDERAL <br />SAVINGS BANK OF GRAND ISLAND <br />(the "Lender ") of the sane date and covering the property described in the Security Instrument and <br />located at: <br />2511 W 5TH ST <br />GRAND ISLAND, NE 68803 -4212 <br />[Propmy Addrccs] <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 coveriarts and agreements made in the Security <br />Insounrem, Borrower and Lender hrther covenant and agree as follows: <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />The Note provides for an initial interest rate of 5.750 %. The Note provides for <br />changes in the interest rate aid 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 May 2013 <br />and on that day every t2th month thereafter. Each date on which my interest rate could change is called a <br />"Change Date." <br />229406 <br />MULTISTATE ADJUSTABLE RATE RIDER - ARM 5 -2 - Single FOmily Fannie Mael Freddie Mac <br />UNIFURM INSTRUMENT <br />Fannie Mae 4215 -2162 ARM <br />(M 027R (0008) Form 3111 }'Eat C /! <br />® <br />POaE OI 4 nflCd9 /I 11 <br />VMP MURTGAGE FORMS -(800) <br />