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<br />200710432 <br /> <br />ADJUSTABLE RATE RIDER <br /> <br />(1 Year Treasury Index - Rate Caps) <br /> <br />THIS ADJUSTABLE RATE RIDER is made this 14th day of December, 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 />EQUITABLE BANK <br /> <br />(the "Lender") of the same date and covering the property described in the Security <br />Instrument and located at: <br /> <br />612 E 15TH ST <br />GRAND ISLAND, NE 68801-2634 <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 follow s: <br /> <br />A. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />The Note provides for an initial interest rate of 6.250 %. The Note <br />provides for changes in the interest rate and the monthly payments as follows: <br /> <br />4. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br /> <br />(A) Change Dates <br />The interest rate I will pay may change on the first day of January 2013 <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 />230268 <br />MUlTISTATE ADJUSTABLE RATE RIDER - ARM 5-2 - Single Family - Fannie Mae/Freddie <br />Mac UNIFORM INSTRUMENT <br />Fannie Mae 4-2/5-2/6-2 ARM <br />Form31111/01 <br /> <br />Wolters Kluwer Financial Services <br />VMP@-822R (0405).01 , <br />Page 1 of 4 Initials: \----~ <br /> <br />. " <br />~,: " I~ <br />