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<br />200709078 <br /> <br />ADJUSTABLE RATE RIDER <br /> <br />(LIB OR Olle- Year Index (As Published IIl171e Wall Street Journal) - Rate Caps) <br /> <br />THIS ADJUSTABLE RATE RIDER is made this 8th day of August, 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 />Bank of the West, A California Corporation <br /> <br />(the "Lender") of the same date and covering the property described in the Security <br />Instrument and located at: <br /> <br />405 S MADISON ST UNIT 5 <br />Grand Island, NE 68801 <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 6.375 %. The Note provides <br />for changes in the interest rate and the monthly payments as follows: <br /> <br />4. INTEREST RATE AND MONTHLY PAYM ENT CHANGES <br />(A) Change Dates <br />The interest rate I w ill pay may change on the first day of September, 2010 <br />and on that day every 12th month thereafter. Each date on which my interest <br />change is called a "Change Date." <br /> <br />, <br />rate could <br /> <br />8800278337 <br /> <br />8800278337 <br /> <br />MULTISTATE ADJUSTABLE RATE RIDER - WSJ One-Year LIBOR - Single Family - Fannie Mae <br />UNIFORM INSTRUM ENT <br />Form 3189 6/01 <br />Wolters Kluwer Financial Services <br />VMP@-1SSR(0401).01 . <br />Page 1 of 4 Initials:~ '!{. G- <br />