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200206076 <br />ADJUSTABLE RATE RIDER <br />(1 Year Treasury Index - Rate Caps) <br />THIS ADAIJSTABLE RATE RIDER is made this 3rd day of June. 2002 , <br />and is incorporated into and Shull be deemed to amend and supplement the Mortgage, <br />Deed of Trust, or Security Deed (the "Security Instrument") of the argue date given by the undersigned (the <br />" Borrower ") to secure Borrower's Adjustable Rate Note (tire "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 />2007 N HOWARD AVE <br />GRAND ISLAND. HE 68803 <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 the Security <br />Instrument, Rnrower and lender further covenant and agree as follows: <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES 6.375 %. The Note provides for <br />Tire Note provides for an initial interest rate of <br />changes in the interest rate and the monthly payments as follows: <br />4. INTEREST RATE AND MON'FII1.Y PAYMENT CHANGES <br />(A) Change Dates <br />The interest rate I will pay may change on the first day of Jul y 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." 229143 <br />MULTISTATE ADJUSTABLE RATE RIDER - ARM 5 2 - $Ingle foully- Fannie Mae(Freddie Mao <br />UNIFORM INSTRUMENT <br />Fannie Mae 4 215 116 2 ARM <br />�82211 (0000) Form 11 I <br />Pagel of Iufius'. <br />VMP MORTGAGE FORMS -(80) -7111 <br />