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<br />200605283 <br /> <br />LOAN NO. 206-501005 <br />1001310-2060501005-5 <br /> <br />FIXED/ADJUSTABLE RATE RIDER <br />(LIBOR One-Year Index (As Published In The Wall Street Journal)- Rate Caps) <br /> <br />THIS FIXED/ADJUSTABLE RATE RIDER is made this 12TH day of JUNE 2006 <br />, and is incorporated into and shall be deemed to amend and supplement the <br />Mortgage, Deed of Trust, or Security Deed (the" Security Instrument") of the same date given <br />by the undersigned ("Borrower") to secure Borrower's Rxed/Adjustable Rate Note (the <br />"Note") to AMERICAN MORTGAGE NETWORK, INC., A DELAWARE CORPORATION <br /> <br />(" Lender") of the same date and covering the property described in the Security Instrument <br />and located at: <br />2304 N. LAFAYETTE AVE, GRAND ISLAND, NE, 68803 <br />[Property Address] <br /> <br />THE NOTE PROVIDES FOR A CHANGE IN BORROWER'S AXED INTEREST <br />RATE TO AN ADJUSTABLE INTEREST RATE. THE NOTE UMITS THE <br />AMOUNT BORROWER'S ADJUSTABLE INTEREST RATE CAN CHANGE AT <br />ANY ONE TIME AND THE MAXIMUM RATE 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. ADJUSTABLE RATE AND MONTHLY PAYMENT CHANGES <br />The Note provides for an initial fixed interest rate of 6.625 %. The Note also <br />provides for a change in the initial fixed rate to an adjustable interest rate, as follows: <br /> <br />4. ADJUSTABLE INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />(A) Change Dates <br />The initial fixed interest rate I w ill pay w ill change to an adjustable interest rate on the <br />first day of JULY 2011 , and the adjustable interest rate I will pay may change <br />on that day every 12th month thereafter. The date on which my initial fixed interest rate <br />changes to an adjustable interest rate, and each date on which my adjustable interest rate <br />could change, is called a "Change Date." <br /> <br />MULTISTATE FIXED/ADJUSTABLE RATE RIDER - WSJ One-Year UBOR - Single Family- <br />Fannie Mae Uniform Instrument <br />Form 3187 6/01 <br />.-168R (0401 ).01 <br />i!> <br />Page 1 of 4 <br />VMP Mortgage Solutions, Inc. <br />(800)521-7291 <br /> <br />370ST <br /> <br />1111I111111111111111111111111111111 <br />JlI? <br />C It <br />