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200208013 <br />ADJUSTABLE RATE RIDER 0000776102 <br />TWO YEAR / SIX MONTH ARM <br />I LIBOR Index - Rate caw) <br />THIS ADJUSTABLE RATE RIDER is made this Ailh day, of JULY, 7007,,,,,,,,,,,,,,,,,,,,,,,, I 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 />to secure Borrower's Note to ..........................................._.........._.........._....._.......... .._...._....................... <br />. . <br />WELL <br />......S . FARGO HOME MORTGAGE, INC.... ................................................ ............................... ithe "Lender ") <br />...................... ............................... <br />of the same date and covering the property described in the Security Instrument and located at: <br />,._... 7707 .WEST.7TH_STREET,_GRAND.ISLA. .ND, . . <br />NE 68801 <br />...........ty A.................................................. ............................... <br />(Property eerea :) <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 />ONE TIME AND TILE MAXIMUM RATE THE BORROWER MUST PAY. <br />ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the Security <br />Instrument, Borrower and 1 ender further covenant and agree as follows: <br />A, INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />'Ihe Note provides for an initial interest rate of ....5 ;954......... %. 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 AUGUST,,7004 .......... 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) The Index <br />Beginning with the fast 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 'Pke Wall Street Journal. 'Ihe 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 R I DER LIBOR INDEX Sing le Family Form 3190 1 /01 ECIOSL Rev. 11/15N0 <br />Freddie Mac Uniform Instrument <br />