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20050 778 <br />FIXED /ADJUSTABLE RATE RIDER <br />(One -Year Treasury Index - Rate Caps) <br />THIS FIXED /ADJUSTABLE RATE RIDER is made this 24TH day of JUNE, 2005 , <br />and is incorporated into and 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 Borrower's Fixed /Adjustable Rate Note (the "Note ") to <br />WELLS FARGO BANK, N.A. <br />( "Lender ") of the same date and covering the property described in the Security Instrument and located at: <br />109 REDWOOD, GRAND ISLAND, NE 68803 <br />[Property Address] <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, Borrower and Lender further covenant and agree as follows: <br />A. ADJUSTABLE RATE AND MONTHLY PAYMENT CHANGES <br />The Note provides for an initial fixed interest rate of 5.375 %. 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 />JULY, 2012 , and the adjustable interest rate I will pay may change on that <br />day every 12th month thereafter. The date 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 Date." <br />0053871828 <br />MULTISTATE FIXED /ADJUSTABLE RATE RIDER - ONE -YEAR TREASURY INDEX- Single Family - <br />Fannie Mae Uniform Instrument <br />=i (0006) Farm /01 <br />Page 1 of 4 Initials:.._ <br />VMP MORTGAGE FORMS - (800�� I 11111111111111 1111 1 <br />