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200608350 FIXED/ADJUSTABLE RATE RIDER (One-Year Treasury Index - Rate Caps) THIS FIXED/ADJUSTABLE RATE RIDER is made this 15th day of September, 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 (" Borrower") to secure Borrower's Fixed/Adjustable Rate Note (the" Note") to Bank of the West, A California Corporation (" lender") of the same date and covering the property described in the Security Instrument and located at: 1024 E SUNSET AVE Grand Island, NE 68801 [Property Address] THE NOTE PROVIDES FOR A CHANGE IN BORROWER'S FIXED INTEREST RATE TO AN ADJUSTABLE INTEREST RATE. THE NOTE UMITS THE AMOUNT BORROWER'S ADJUSTABLE 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. ADJUSTABLE RATE AND MONTHLY PAYMENT CHANGES The Note provides for an initial fixed interest rate of 6.750 %. The Note also provides for a change in the initial fixed rate to an adjustable interest rate, as follows: 4. ADJUSTABLE INTEREST RATE AND MONTHLY PAYMENT CHANGES (A) Change Dates The initial fixed interest rate I w ill pay w ill change to an adjustable interest rate on the first day of October, 2013 , and the adjustable interest rate I w ill pay may change on that day every 12th month thereafter. The date on which my initial fixed interest rate changes to an adjustable interest rate, and each date on which my adjustable interest rate could change, is called a "Change Date." (B) The Index Beginning with the first Change Date, my adjustable interest rate w ill be based on an Index. The" Index" is the weekly average yield on United States Treasury securities adjusted to a constant maturity of one year, as made available by the Federal Reserve Board. The most recent Index figure available as of the date 45 days before each Change Date is called the "Current Index." 8800125354 MUlTISTATE FIXED/ADJUSTABLE RATE RIDER - Family ~ Fannie Mae Uniform Instrument Form 3182 1/01 .-843R (0405) I (,)6:1 pag\ 1 of 4 Initials: e'J2.....f\\ .~c1 VMP Mortgage Solutions, Inc. (800)521 ~7291 8800125354 ONE-YEAR TREASURY INDEX - Single