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2oiooo9ii <br />FIXED/ADJUSTABLE RATE RIDER <br />(One-Year Treasury Index -Rate Caps) <br />THIS FIXED/ADJUSTABLE RATE RIDER is made this 2nd day of February, 2010 <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 ("Borrower") to secure Borrower's Fixed/Adjustable Rate Note (the "Note") to <br />TierOne Bank <br />("Lender") of the same date and covering the property described in the Security Instrument <br />and located at: <br />5525 W RAINFORTH RD <br />DONIPHAN, NE 68832 <br />[Property Address] <br />THE NOTE PROVIDES FOR A CHANGE IN BORROWER'S FIXED INTEREST <br />RATE TO AN ADJUSTABLE INTEREST RATE. THE NOTE LIMITS THE <br />AMOUNT BORROWER'S ADJUSTABLE INTEREST RATE CAN CHANGE AT <br />ANY ONE TIME AND TWE MAXIMUM RATE BORROWER 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 initial fixed interest rate of 5.375 %. 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 />1A) Change Dates <br />The initial fixed interest rate I will pay will change to an adjustable interest rate on the <br />first day of March 209.5 ,and the adjustable interest rate I will pay <br />may change on that day every 9 2th month thereafter. The date on which my initial fixed <br />interest rate changes to an adjustable interest rate, and each date on which my adjustable <br />interest rate could change, is called a "Change Date." <br />IBI The Index <br />Beginning with 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 cf 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 />0110301200 <br />MULTISTATE FIXED/ADJUSTABLE RATE RIDER -ONE-YEAR TREASURY INDEX -Single <br />Family -Fannie Mae Uniform Instrument <br />Farm 3 7 82 1 /01 <br />Wolters Kluwer Financial Services <br />VMP ~' -843R (0405).09 <br />Page 9 of 4 Initials: <br />~~L <br />