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200703375 FIXED/ADJUSTABLE RATE RIDER (LIB OR One-Year Index (As Published In The Wall Street Journal)-Rate Caps) THIS FIXED/ADJUSTABLE RATE RIDER is made this 25th day of April, 2007 , 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_giyen by the undersigned ("Borrower") to secure Borrower's Fixed/Adjustable Rate Note (the "Note") to INDYMAC BANK, F .S.B., A FEDERALLY CHARTERED SAVINGS BANK ("Lender") of the same date and covering the property described in the Security Instrument and located at: 4613 W PRARIE RO, GRAND ISLAND, NE 68803 [Property Address] THE NOTE PROVIDES FOR A CHANGE IN BORROWER'S FIXED INTEREST RATE TO AN ADJUSTABLE INTEREST RATE. THE NOTE LIMITS 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 7.375 %. 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 will pay will change to an adjustable interest rate on the first day of May, 2012 , and the adjustable interest rate I will 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 will be based on an Index. The "Index" is the average of interbank offered rates for one-year U.S. dollar-denominated deposits in the London market ("LTBOR"), as published in The Wall Street Journal. The most recent Index figure available as of the date 45 days before each Change Date is callcd thc "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. Loan No: 126094936 MIN: 100055401260949369 Multistate Fixed/Adjustable Rate Rider-WSJ One-Year LIBOR-SingJe Family-J<'allnie Mae Uniform Instrument Form 3187 6/01 - THR C~~~~~~I~~~'~'?:::::~ INC.- Page 1 of 3 111111111111111111111111111111111111111111111111111111111111111111111 1;12001, The Compli;:::;~u~c:'~~l {L6... ~. :5 \.\jJ \J