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<br />200511455 <br /> <br />ADJUSTABLE RATE RIDER <br /> <br />(I-Year Treasury Index - Rate Caps) <br /> <br />THIS ADJUSTABLE RATE RIDER is made this 18th day of November, 2005 <br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed <br />of Trust, or Security Deed (the "Security Instrument") of the same date given by the <br />undersigned (the "Borrower") to secure Borrower's Adjustable Rate Note (the Note") to <br />TierOne Bank <br /> <br />(the "Lender") of the same date and covering the property described in the Security <br />Instrument and located at: <br /> <br />1718 W KOENIG ST <br />GRAND ISLAND, NE 68803-5433 <br />[Property Address] <br /> <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 /> <br />ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the <br />Security Instrument, Borrower and Lender further covenant and agree as follows: <br /> <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />The Note provides for an initial interest rate of 8.000 %. The Note provides <br />for changes in the interest rate and the monthly payments as follows: <br /> <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 December 2010 <br />and on that day every 12th month thereafter. Each date on which my interest rate could <br />change is called a "Change Date." <br /> <br />0110244145 <br /> <br />MULTISTATE ADJUSTABLE RATE RIDER-ARM 5-1 - Single Family ~ Fannie Mae/Freddie Mac <br />UNIFORM INSTRUMENT <br />Fannie Mae 4-115-116-1 ARM <br />Form 3108 1/01 <br />.-821R (0402) <br />Pag~ 1 of 4 Initials~ <br />VMP Mortgage Solutions, Inc. <br />(800)521-7291 <br />