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200700603 ADJUSTABLE RATE RIDER (6-Month L1BOR Index-Rate Caps) (Assumable during LIfe of Loan) (First Business Day of Preceding Month Lookback) 0157904012 1bis Adjustable Rate Rider is made this .1~!h.~'.Y..C?UAN~ARY,.~9.Q.L.................... , 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 (the "Borrower") to secure the Borrower's Adjustable Rate Note (the "Note") to ........................................ .WEJJ..S. .F.ARG.o.. aAN K.. JfA... ............................................................................................................... (the "Lender") of the same date and covering the property described in the Security Instrument and located at: .4.3~7.. C.Ll\I,JJH~J;N. .r:t.QAo.. .~B..AN'O..IS.LAND.. .NJ;.Jla~.Q~...................................................................................... (Property Address) TIIE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN TIIE INTEREST RATE AND TIIE MONTHLY PAYMENT. TIIE NOTE LIMITS THE AMOUNT TIIE BORROWER'S INTEREST RA"IE CAN CHANGE AT ANY ONE TIME AND TIIE MAXIMUM RATE THE 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 ..9.7.~~.... %. 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 n~.I;l.lJ~.I;l.Y.\.~.q~L........................, and may change on that day every -Lth 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 six-month London Interbank Offered Rate ('UBOR') which is the average of interbank offered rates for six-month U.S. dollar-denominated deposits in the London market, 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 which is based upon comparable information. The Note Holder will give me notice of this choice. ADJUSTABLE RATE NOTE-6-Month UBOR Index (Assumable during Life of Loan)--Freddle Mac UNIFORM INSTRUMENT page 1 PI036A Rev. 07/13/06