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200600804 ADJUSTABLE RATE RIDER (LIB OR Six-Month Index (As Published In The Wall Street Journal) - Rate Caps) THIS ADJUSTABLE RATE RDER is made this 27th day of January, 2006 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 (" Borrowe r") to secure Borrowe r's Adjustable Rate Note (the "Note") to New century Mortgage corporation (" Lender") of the same date and covering the property described in the Security Instrument and located at: 1402 NORTH WALNUT STREET, WOOD RIVER, NE 68883 [Property Address] THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE INTEREST RATE AND THE MONTHLY PAYMENT. THE NOTE UMITS THE AMOUNT BORROIVER'S INTEREST RATE CAN CHANGE AT ANY ONE TIME AND THE MAXIMUM RATE BCRROIVER 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.INTERESTRATE AND MONTHLY PAYMENT CHANGES The Note provides for an init ial interest rate of 8.275 %. The Note provides for changes in the interest rate and the monthly payments, as follows: 4. INTEREST RArE AND MONTHLY PAYMENT CHANGES (A) Change Dates The interest rate I will pay may change on the first day of February, 2008 and on t hat day every 6th mont h thereafter. Ea:;h date on whic h my interest rate could change is called a "Change Date." (B) The Index Beginning wit h the first Change Date, my interest rate will be based on an Index. The "Index" is the average of interbank offered rates for six month U.S. dollar-denominated deposits in the London market ("UBOR"), as published in The Wall Street Journal. The most recent Index figure available as of the first business day of the month immediately preceding the month in whic h the Change Date occurs is called the "Current Index." If the Index is no longer available, the Note Holder will choose a new index that is based upon comparable information. The Note Holder will give me notice of this choice. (C) Calculaion of Changes Before each Change Date, the Note Holder will calculate my new interest rate by adding Six And Five Hundredth (s) percentage points 6.050 %) to the Current Index. The Note Holder wi II then round t he result of 1006190720 MULTISTATE ADJUSTABLE RATE RIDER - UBOR SIX-MONTH INDEX (AS PUBUSHED IN THE WALL STREET JOURNAL - Single Family - Fannie Mae Unifonn Instrument -838R (0402) Fonn 3138 1/0,1 J Pag~ 1 of 3 Initials: c8Eu~ VMP Mortgage Solutions, Inc. (800)521 -7291