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200208514 <br />ADJUSTABLE RATE RIDER <br />(1 Year Treasury Index - Rate Cape) <br />THIS ADJUSTABLE RATE RIDER is made this 13th day of August. 2002 <br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, <br />Deed of Trust, or Security Decd (the "Security Inatrument") of the same date given by the undersigned (the <br />"Borrower ") to secure Borrower's 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 />608 E ASHTON AVE <br />GRAND ISLAND, HE 68801 -7804 <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, Bnrrowcr 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 5.500 %. 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 of September 2012 <br />and on that day every 12th month thereafter. F.ach date on which my interest rate could change is called a <br />"Change Date." <br />229173 <br />MULTISTATE ADJUSTABLE BATE BIDER ARM 5 2 -S Ingle Fair lly- Fannie MaelFreddis Mae <br />UNIFORM INSTRUMENT <br />Fannie Mee 4 215 216 2 ARM <br />® 922B (0006) Farm 3111 1101 <br />FMTe 1 O(4 niti05 45 <br />VMP MORTGAGE FORMS - (800)5 <br />>I <br />