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200508965 <br />FIXED /ADJUSTABLE RATE RIDER i <br />(LIBOR Index - Rate Caps) <br />I <br />MINT: 10005540121760340 <br />THIS FIXEDIADJUSTABLE RATE RIDER is made this 11th day of August, 2005 <br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, Dr <br />Deed to Secure Debt (the "Security Instrument ") of the same date given by the undersigned (tie <br />"Borrower ") to secure Borrower's Note to Indy%c Barak, F. S. B. , a federally chartered <br />savings bank <br />(the "Lender ") of the same date and covering the property described in the Security Instrument and locat�d <br />at: <br />716 S Blain Street, Grand Island, NE 68803 <br />[mercy Addrm l <br />THIS NOTE PROVIDES FOR A CHANGE IN BORROWER'$ FIXED INTEREST <br />RATE TO AN ADJUSTABLE INTEREST RATE. 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 trade in the Security <br />Instrument, Borrower and Lender further covenant and agree as follows: <br />A. W=REST RATE AND MONTHLY PAYMENT CHANGES <br />The Note provides for an initial fixed interest rate of 6.750 96. The Note also <br />provides for a change in the initial fixed rate to an adjustable interest rate, as follows: <br />4. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />(A) Change Data <br />The initial feted interest rate I will pay will change to an adjustable interest rate on the first day of <br />September 2007 , and the adjustable interest rate I will pay may change on that day every <br />6th 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 />Lien No: 121760344 <br />MULTISTATE FIXED /ADJUSTABLE RATE RIDER (LIBOR Index) - Sinple Family Farm 4008 4101 <br />Page 1 of 4 <br />8480264 (0104) VMP MORTGAGE FORMS - (800)521 -7291 •1�� <br />ll�NIIIBINglil�llull�Ill 111 /IINIII� �A��l�llp�l�I) � <br />