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200308451
<br />ADJUSTABLE RATE RIDER 0130517923
<br />TWO YEAR / SIX MONTH ARM
<br />( LIBOR Index - Rate Caps)
<br />THIS ADJUSTABLE RATE RIDER is made this 27th day of JUNE, 2003,,,,,,,,,,,,,,,,,,,,,,,, and is
<br />incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Deed
<br />to Secure Debt (the "Security Instrument '� of the same date given by the undersigned (the "Borrower'
<br />tosecure Borrower's Note to ........................................................................................ ...............................
<br />.WELLS . . . .. FARGO . ..HOME . . .. MORTGAGE. . . . ., .. INC. . :......................... ............................... ...........................(the "Lender
<br />................... ...................
<br />of the same date and covering the property described in the Security Instrument and located at:
<br />4307 CLAUSSEN„DDRIVE. GRAND„ISLAND, NE.. 68801 .................................................. ...............................
<br />(Property Address)
<br />THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE
<br />INTEREST RATE AND THE MONTHLY PAYMENT. THE NOTE LIMITS
<br />THE AMOUNT THE BORROWER'S INTEREST RATE CAN CHANGE AT ANY
<br />ONETIME AND THE MAXIMUM RATE THE 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 initial interest rate of ....6;750 ,,,,,,,,, %. The Note provides for changes in
<br />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 I will pay may change on the first day of NU Y,,2005,, „,,,,,,,,,,, and on that day
<br />every sixth month thereafter. Each date on which my interest rate could change is called a "Change
<br />Date.”
<br />(B) Thelndex
<br />Beginning with the first Change Date, my interest rate will be based on an Index. The "Index' is
<br />the average of interbank offered rates for six -month U.S. dollar - denominated deposits in the
<br />London market ( "LIBOR "), as published in The Wall Street Journal. The most recent Index figure
<br />available as of the first business day of the month immediately preceding the month in which the
<br />Change Date occurs is called the "Current Index."
<br />MULTISTATE ADJUSTABLE RATE RIDER - LIBOR INDEX - Single Family Form 3192 1/01 EC108L Rev. 11/15/00
<br />Freddie Mac Uniform Instrument
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