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zoiio�os� <br />ADJUSTABLE RATE RIDER <br />(1-Year LIBOR Index - Rate Caps) <br />(Assumable after Initial Period) <br />THIS ADJUSTABLE RATE RIDERis made this 15TH day of MARCx, 2011 , <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 the Borrower's Adjustable Rate Note (the "Note") to <br />WELLS FARGO BANK, N.A. <br />(the "Lender") of the same date and covering the property described in the Security <br />Instrument and located at: <br />2735 IDAHO AVE, GRAND ISLAND, NE 68803 <br />[Property Address] <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'SINTERESTRATE CAN CHANGE AT ANY ONE <br />TIME AND THE MAXIMUM RATE THE 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. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />The Note provides for an initial interest rate of 3. 750 %. The Note <br />provides for changes in the interest rate and the monthly payments as follows: <br />4. INTEREST RATE AND MONTHLY PAYMENT CHANGES <br />(A) Change Dates <br />The interest rate I will pay may change on the first day of �RIL, 2016 <br />and may change on that day every 12th month thereafter. Each date on which my interest <br />rate could change is called a"Change Date." <br />(B) The Index <br />Beginning with the first Change Date, my interest rate will be based on an Index. The <br />"Index" is the one-year London Interbank Offered Rate ("LIBOR") which is the average of <br />interbank offered rates for one-year U.S. dollar-denominated deposits in the London market, <br />as published in The Wall Street Journal. The most recent Index figure available as of the date <br />45 days before each Change Date is called the "Current Index." <br />!f the Index is no longer available, the Note Holder will choose a new index which is <br />based upon comparable information. The Note Fiolder will give me notice of this choice. <br />MULTISTATE ADJUSTABLE RATE RIDER -1-Year LIBOR Index (Assumable after Initial Period) <br />Single Family - Freddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer Financial Services <br />� ` "' <br />� <br />Initials: <br />Form 5131 3/04 <br />VMP856R (0804).00 <br />Page 1 of 4 <br />NMFL# 8519 (LBAR) Rev. 2/2009 <br />