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200706607 Loan Number: 002004486918 FIXED/ADJUSTABLE RATE RIDER (L1BOR One-Year Index (As Published In The Wall Street Journa/J - Rate Caps) THIS FIXED/ADJUSTABLE RATE RIDER is made this 31st day of JULY 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 given by the undersigned ("Borrower") to secure Borrower's Fixed/Adjustable Rate Note (the "Note") to MORTGAGE SPECIALISTS, LLC, A NEBRASKA LIMITED LIABILITY COMPANY ("Lender") of the same date and covering the property described in the Security Instrument and located at: 1709 MEADOW ROAD, GRAND ISLAND, NEBRASKA 68803 [Property Address] THE NOTE PROVIDES FORA 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 6.500 %. 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 1 s t day of AUGUST, 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 ("LIBOR"), as published in The Wall Street Journal. The most recent Index figure available as of the date 45 days before each Change Date 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. ()J? MULTI$TATE FIXED/ADJUSTABLE RATE RIDERNWSJ One-Year UBOR Single FamilyNFannie Mae MODIFIED INSTRUMENT Form 3187 6/01 Page 1 of 4