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200511044 ADJUSTABLE RATE RIDER (LIBOR Six-Month Index (As Published In The Wall Street Journal) - Rate Caps) Loan Number: 1000244067 MIN: 100110710002440674 THISADJUSTABLERATERIDERis madcthis 4th dayof November. 2005 , and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Security Deed (the "Security Instrument") of the same date given by the undersigned ("Borrower") to secure Borrower's Adjustable Rate Note (the "Note") to MERITAGE MORTGAGE. CORPORATION ("Lender") of the same date and covering the property described in the Security Instrument and located at: 303 SOUTH VINE STREET GRAND ISLAND. NE 68801 [Property Address] THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE INTEREST RATE AND THE MONTHLY PAYMENT, THE NOTE LIMITS THE AMOUNT BORROWER'S INTEREST RATE CAN CHANGE AT ANY ONE TIME AND THE MAXIMUM RATE BORROWER MUST PAY, ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree as follows: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Note provides for an initial interest rate of 8.975%. The Note provides for changes in the interest rate and the monthly payments, as follows; 4. INTEREST RATE AND MONTHLY PAYMENT CHANGES (A) Change Dates The interest rate I will pay may change on the first day of December. 2007 , and on that day every 6th month thereafter. Each date on which my interest rate could change is called a "Change Date." MULTISTATE ADJUSTABLE RATE RIDER-LIBOR SIX-MONTH INDEX (AS PUBLISHED IN THE WALL STREET JOURNAL) -Single Family-Fanni ae Uniform Instrument ~@838R(0006) {2JvJ Page 1 of 4 Initials: VMP MORTGAGE FORMS - (800 1-729 11111111111111111 1111111111 11111111 DDS.M3B