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<br />200807864 <br /> <br />FIXED/ADJUSTABLE RATE RIDER <br /> <br />(One-Year Treasury Index - Rate Caps) <br /> <br />THIS FIXED/ADJUSTABLE RATE ROER is made this 12th day of September, 2008 , <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 (" Borrowe r") to secure Borrowe r's Fixed/ Adjus table Rate Note (the "Note") to <br />TierOne Bank <br /> <br />(" lender") of the same date and covering the property described in the Security Instrument <br />and located at: <br /> <br />4029 SANDALWOOD DR <br />Grand Island, NE 68803-3156 <br />[Property Address] <br />THE NOTE PROVIDES FOR A CHANGE IN BORRONER'S FIXED INTEREST <br />RATE TO AN ADJUSTABLE INTEREST RATE. THE NOTE UMITS THE <br />AMOUNT BORRONER'S ADJUSTABLE INTEREST RATE CAN CHANGE AT <br />ANY ONE TIME AND THE MAXIMUM RATE BCRRONER MUST PAY. <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 />A. ADJUSTABLE RATE AND MONTHLY PAYMENT CHANGES <br />The Note provides for an init ial fixed interest rate of 5.125 %. The <br />Note also provides for a change in the initial fixed rate to an adjustable interest rate, as <br />follows: <br />4. ADJUSTABLE INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />(A) Change Dates <br />The initial fixed interest rate I will pay will change to an adjustable interest rate on the <br />first day of October 2013 , and the adjustable interest rate I will pa y <br />may change on that day every 12th month thereafter. The date on which my initial fixed <br />interest rate changes to an adjustable interest rate, and each date on whi ch my adjustable <br />interest rate could change, is called a "Change Date." <br />(B) The Index <br />Beginning wi th the first Change Date, my adjustable interest rate will be based on an <br />Index. The "Index" is the weekly average yield on United States Treasury securities adjusted <br />to a constant maturity of one year, as made available by the Federal Reserve Board. The most <br />recent Index figure available as of the date 45 days before each Change Date is called the <br />"Current Index." <br /> <br />0110283514 <br />MULTISTATE FIXED/ADJUSTABLE RATE RIDER - ONE-YEAR TREASURY INDEX - Single <br />Family - Fannie Mae Unifonn Instrument <br />Fo"," 3182 1/01 <br />Wolters Kluwer Financial Services <br />VM P ~ -843R (040 5).01 ~ rv <br />Page 1 of 4 Initials: WV\.-o' <br />