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<br />200700154 <br /> <br />~IN: 100488910116536771 <br />ADJUSTABLE RATE RIDER ADDENDUM <br />(Libor Index - Rate Caps) <br /> <br />This Adjustable Rate Rider Addendum is made this 5th day of January 2007 <br />and is incorporated into and shall be deemed to amend and supplement the Promissory Note (the "Note") and <br />Mortgage, Deed of Trust or Security Deed (the "Security Instrument") and Adjustable Rate Rider (the <br />"Rider") of the same date given by the undersigned (the "Borrower") to secure repayment of Borrower's <br />Note to <br />New Century Mortgage Corporation (the "Lender"). <br /> <br />Property securing repayment of the Note is described in the Security Instrument and located at: <br />3468 WEST GUENTHER ROAD, GRAND ISLAND, NE 68803 <br />(Property Address) <br /> <br />To the extent that the provisions of this Adjustable Rate Rider Addendum are inconsistent with the <br />provisions of the Note and/or Security Instrument and/or Rider, the provisions of this Addendum shall <br />prevail over and supersede any such inconsistent provisions of the Note and/or Security Instrument and/or <br />Rider. <br /> <br />In addition to the covenants and agreements made in the Note, Security Instrument, and Rider, Borrower and <br />Lender further covenant and agree as follows: <br /> <br />4. (D) Ll~lTS ON INTEREST RATE CHANGES <br />The interest rate I am required to pay at the first change date will not be greater than <br />10.950 % or less than 8.950 %. Thereafter, my interest rate <br />will never be increased or decreased on any single Change Date by more than <br />One And One-half percentage point(s) ( 1.500%) from <br />the rate of interest I have been paying for the preceding 6 months. My interest rate will never be <br />greater than 15.950 % or less than 8.950 %. <br /> <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this <br />Adjustable Rate Rider Addendum. <br /> <br />L2z Lfi <br /> <br />..4 .I") <br />,,' ,//~/ ,,--_.~'- <br />""H_'~'",-/'~ t:..t-1!./ <br />(CHRISTINE SMITH <br /> <br />" <br /> <br />c~," j;r-;~~::~.""", <br /> <br />CURT SMITH <br /> <br />NCMC <br />Adjustable Rate Rider Addendum <br />RE-102 (082296) <br /> <br />1011653677 <br /> <br />Page 1 of I <br />