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<br />200705903 <br /> <br />ADJUSTABLE RATE RIDER <br /> <br />(I-Year Treasury Index - Rate Caps) <br /> <br />THIS ADJUSTABLE RATE RIDER is made this 11th day of July, 2007 <br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed <br />of Trust, or Security Deed (the "Security Instrument") of the same date given by the <br />undersigned (the "Borrower") to secure Borrower's Adjustable Rate Note (the "Note") to <br />TierOne Bank <br /> <br />(the "lender") of the same date and covering the property described in the Security <br />Instrument and located at: <br /> <br />127 E ASHTON AVE <br />GRAND ISLAND, NE 68801-7820 <br />[Property Address] <br /> <br />THE NOTE CONTAINS PROVISIONS ALLOWING FOR CHANGES IN THE <br />INTEREST RATE AND THE MONTHLY PAYMENT. THE NOTE LIMITS THE <br />AMOUNT THE BORROWER'S INTEREST RATE CAN CHANGE AT ANY ONE <br />TIME AND THE MAXIMUM RATE THE BORROWER MUST PAY. <br /> <br />ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the <br />Security Instrument, Borrower and lender further covenant and agree as follows: <br /> <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />The Note provides for an initial interest rate of 8.375 %. The Note provides <br />for changes in the interest rate and the monthly payments as follows: <br /> <br />4. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />IA) Change Dates <br />The interest rate I will pay may change on the first day of August 2012 <br />and on that day every 12th month thereafter. Each date on which my interest rate could <br />change is called a "Change Date." <br /> <br />0110269446 <br /> <br />MULTISTATE ADJUSTABLE RATE RIDER-ARM 5-1 - Single Family - Fannie Mae/Freddie Mac <br />UNIFORM INSTRUMENT <br />Fannie Mae 4-1/5-1/6-1 ARM <br />Form 3108 1/01 <br />G-821R (0402).01 (11 i ) ~L- <br />Pag~ 1 of 4 Initials~ <br />VMP Mortgage Solutions, Inc. <br />