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<br />. <br />. <br /> <br />200511459 <br /> <br />MIN: 1001993-0000532600-7 Loan Number: 0000532600 <br /> <br />ADJUSTABLE RATE RIDER <br /> <br />(UBOR Six-Month Index (As Published In The Wall Street Journal) <br />- Rate Caps) <br /> <br />THIS ADJUSTABLE RATE RIDER is made this 15th day of NOVEMBER, 2005 , <br />and is incorporated into and shall be deemed to amend and supplemenl the Mortgage, Deed of Trust, or <br />Security Deed (the "Security Inslrument") of the same date given by the undersigned ("Borrower") to secure <br />Borrower's Adjustable Rate Note (the "Note") to HAMILTON MORTGAGE CCMPANY, AN <br />ARIZONA CORPORATION <br />("Lender") of the same date and covering the property described in the Security Instrument and located at: <br /> <br />704 WEST 16TH STREET, GRAND ISLAND, NEBRASKA 68801 <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 BORROWER'S INTEREST RATE CAN CHANGE A T ANY ONE TIME AND <br />THE MAXIMUM RATE BORROWER MUST PAY. <br /> <br />ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the Security <br />Instrument, Borrower and Lender further covenanl and agree as follows: <br /> <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />The Note provides for an initial interest rate of 10.000 %. The Nolc provides for changes <br />in the interest rate and the monthly paymenls, 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 1st day of DECEMBER, 2007 , <br />and on that day every 6th monlh lhereafter. Each date on which my interest rate could change is called <br />a "Change Date." <br />(B) The Index <br />Beginning with the first Change Date, my interest rate will be based on an Index. The "Index" is the <br />average of interbank offered rates for six month U. S. dollar-denominated deposits in the London market <br />("LIBOR"), as published in The Wall Street Journal. The most recent Index figure available as of the first <br />business day of the month immediately preceding the month in which the Change Date occurs is called the <br />"Current Index. " <br />If the Index is no longer available, the Note Holder will choose a new index that is based upon <br />comparable information. The Note Holder will give me notice of this choice. <br /> <br />MUL TIST A TE ADJUSTABlE RATE RIDER-L1BC:R SIX-MO\JTH INDEX <br />(AS RJBLISHED IN THE WALL STfffT JWRNAL) <br />Single Family-Fannie Mae MffilRED INSTRUMENI <br />Form 3138 1/01 Page 1 of 3 <br /> <br />DocMagicet-'i:iiA1'fliJiJ@ 800-649-1362 <br />www.cIocrnafic.com <br /> <br />Ul3138.rid Hem <br />