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200611558 ADJUSTABLE RATE RIDER (LIBOR Six -Month Index (As Published In The Wall Street Journal) --Rate Caps) THIS ADJUSTABLE RATE RIDER is trade this 20th clay of December 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 Adjustable Rate Note (the "Note") to FIRST NLC FINANCIAL SERVICES, LLC, DBA THE LENDING CENTER ( "Lender ") of the same date and covering the property described in the Security Instrument and located at: 243 SOUTH SYCAMORE STREET GRAND ISLAND, NE 68801 [Properly Address] THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE INTEREST RATE AND THE MONTHLY PAYMENT. THE NOTE LIMITS THE AMOUNT BORROWER'S 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. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Note provides for an initial interest rate of 10.2900%. The Note provides for changes in the interest rate and the monthly payments, as follows: 4. INTEREST RATE AND MONTHLY PAYMENT CHANGES (A) Change Dates The interest rate I will pay may change on the first day of January 2009 and on that day every sixth month thereafter. Each date on which my interest rate could change is called a "Change Date." (B) The Index Beginning with the first Change Date, my interest rate will be based on an Index. The "Index" is the average of interbank offered rates for six rnonth U.S. dollar- denoininated deposits in the London market ( "LIBOR "), 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 which 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) Calculation of Changes Before each Change Date, the Note Holder will calculate my new interest rate by adding Seven percentage points ( 7.000%) to the Current Index. Subject to the limits stated in Section 4(D) below, this amount will be my new interest rate until the next Change Date. MULTISTATE ADJUSTABLE RATE RIDER —LIBOR SIX - MONTII INDEX (AS PUBLISHED IN THE WALL STREET JOURNAL) -- Single Family (Page I of 3 pages) 5271601560 FNLC Form 33029L1 (04052005) 100195910003595215 A, E C41�1"