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200203135 <br />ADJUSTABLE RATE RIDER <br />(1 Year Treasury Index - Rate Caps) <br />THIS ADJUSTABLE RATE RIDER is made this 14th day of March, 2002 , <br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, <br />Deed of Trust, or Security Deed (the "Security Instrument ") 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 same date and covering the property described in the Security Instrument and <br />located at: <br />2411 N LOCUST ST <br />GRAND ISLAND, NE 68801 -2341 <br />[Property Address] <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 covenants and agreements made in 1he 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 6.625 %. 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 I will pay may change on the first day ofApri 1 2012 <br />and on that day every 12th month thereafter. Each date on which my interest rate could change is called a <br />"Change Date." <br />01- 33229101 <br />MULTISTATE ADJUSTABLE RATE RIDER - ARM 5 -2 - Single Family- Fannie Mael Freddie Mae <br />UNIFORM INSTRUMENT <br />Fannie Mae 4 2l5 -216 -2 ARM <br />� <br />822R (0008) Form 3111 1101 <br />Pcge 1 of 4 Initicis: •M�� <br />VMP MORTGAGE FORMS - (800),521 -7291" <br />4 <br />