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200205512 <br />20406138 <br />1204061386 <br />CMT NON - CONVERT 5/1 ARM <br />FIXED /ADJUSTABLE RATE RIDER <br />(One -Year Treasury Index - Rate Caps) <br />THIS FIXED /ADJUSTABLE RATE RIDER is made this 20th day of May, 2002 , <br />and is incorporated into mud shall be deemed to amend and supplement the Mortgage, Deed of Trust, or <br />Security Deed (the "Security Instrument ") of the same date given by the undersigned ( "Borrower') to <br />secure Rurcover's Fixed /Adjustable Rate Note (the "Note ") to <br />CHASE MANHATTAN MORTCAGE CUHPORATION <br />('1 calm ") of the same dale and covering the properly described in the Security ITINU meat and located at: <br />1009 E NEBRASKA ST, GRAND ISLAND, NE 68801. <br />IFmpenp Addressl <br />THE NOTE PROVIDES FOR A CHANGE IN BORROWER'S FIXED INTEREST <br />RATE TO AN ADJUSTABLE INTEREST RATE. THE NOTE LIMITS THE <br />AMOUNT BORROWER'S ADJUSTABLE INTEREST RATE CAN CHANGE AT <br />ANY ONE TIME AND THE MAXIMUM RATE BORROWER MUST PAY. <br />ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the Security <br />Instrument, Rorrower and Lender further covenant and agree as follows: <br />A. ADJUSTABLE RATE AND MONTHLY PAYMENT CHANGES <br />The Nov provides for an initial fixed interest rate of 6 .250 S. The Note also <br />provides for a change in the initial fixed rate to an adjustable interest rate, as follows: <br />4. ADJUSTABLE INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />(A) Change Dates <br />The initial fixed interest rate I will pay will change to an adjustable interest rate on the first day of <br />June 2007 , and the adjustable interest rate 1 will pay raay change on that <br />day every t2th month thereafter- The Aire on which my initial fixed interest rate changes to an adjustable <br />interest rate, and each date on which my adjustable interest rate could change, is called a "Change Dale." <br />MULTISTATE FIXED /ADJUSTABLE RATE RIDER - ONE YEAR TREASURY INDEX- Single Family <br />Fannie Mae Uniform Instrument <br />(M wB43R 100061 Fonn 3182 1101 II I II I I I I I II II <br />Page 1 0l 4 In 1,✓ <br />s'. 0.5 <br />VMP MORTGAGE FORMS - 18001521 -7291 <br />