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200315984 <br />ADJUSTABLE RATE RIDER <br />(1 Year Treasury Index - Rate Caps) <br />THIS ADJUSTABLE RATE RIDER is made this 12th day of December, 2003 , <br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, <br />Deed of Trust, or Security Deed (the "Security Instrument ") 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 />#18 KUESTER LAKE <br />GRAND ISLAND, NE 68801 -8609 <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, Borrower 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 4.625 %. 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 January 2014 <br />and on that day every 12th month thereafter. Each date on which my interest rate could change is called a <br />"Change Date." <br />229624 <br />MULTISTATE ADJUSTABLE RATE RIDER - ARM 5 -2 - Single Family- Fannie Mae /Freddie Mac <br />UNIFORM INSTRUMENT <br />Fannie Mae 4- 2/5 -2/6 -2 ARM <br />OM-822R (0008) Form 3111 1/01 <br />m <br />Page 1 of 4 Initials: 4V <br />VMP MORTGAGE FORMS - (800)521 -7291 <br />